Latest in Sweden Cuts
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Sweden cuts its key rate by 0.5 percentage points to 2.75%, the largest reduction in over a decade
Sweden’s central bank has cut its key interest rate by half a percentage point to 2.75% in what was described as the largest reduction in over a decadeWorld - ABC News - 10 hours ago -
Nobel economics prize is awarded for research into why countries succeed or fail
The Nobel memorial prize in economics has been awarded to three U.S.-based academics for research into why societies with poor rule of law and exploitative institutions do not generate sustainable ...World - ABC News - October 14 -
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Ancelotti says Mbappé 'not affected' by reports of investigation in Sweden
Real Madrid coach Carlo Ancelotti says Kylian Mbappé “is not affected” by the Swedish media reports this week that said the France captain was the subject of a rape investigationSports - ABC News - October 18 -
Far-right leader who burned copies of Qur’an goes on trial in Sweden
Rasmus Paludan is accused of incitement against an ethnic group and insult in relation to gatherings in 2022. A far-right Danish-Swedish politician who burned copies of the Qur’an in Sweden has ...World - The Guardian - October 14 -
Sweden will honor Blinken and others with knighthoods for their roles in its NATO accession
U.S. Secretary of State Antony Blinken and former NATO secretary-general Jens Stoltenberg will be knighted in Sweden for their role in enabling the Scandinavian country to join the world’s largest ...World - ABC News - October 22 -
Sweden’s EQT eyes deal push as it girds for wave of PE consolidation
Chief Christian Sinding says firm is weighing acquisitions of private investment groups and growth-focused investment firmsBusiness - Financial Times - October 27 -
Sweden and Norway rethink cashless society plans over Russia security fears
Rise in hybrid warfare and cyber-attacks blamed on pro-Russia groups prompt Nordic neighbours to backpedal . Sweden and Norway are backpedalling on plans for cashless societies over fears that ...World - The Guardian - October 30 -
The world’s most feminist city: how Umeå in Sweden became an idyll for women
From snow-clearing to bus stops, civic furniture to football teams, women and men are considered and treated equally in this small city in Scandinavia – with the aim of making life happier for ...World - The Guardian - October 30 -
Sweden abolishes tax on plastic bags despite warnings usage could rise
Levy that reduced usage by more than three-quarters in four years fell victim to rightwing culture wars, say critics. A tax that has reduced plastic bag consumption in Sweden by more than ...World - The Guardian - October 31 -
Sweden scraps plans for 13 offshore windfarms over Russia security fears
Decision comes after military concludes projects would complicate defending Nato’s newest member against attack. Sweden has vetoed plans for 13 offshore windfarms in the Baltic Sea, citing ...World - The Guardian - 3 days ago -
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One year on, we know this: Sweden’s trade unions are more than a match for Elon Musk | German Bender
This long-running strike could be resolved if Tesla recognised a simple fact that I’ve uncovered in my reporting. The US presidential election has not been the only high-stakes date looming for ...World - The Guardian - 6 days ago -
Titans cutting Jamal Adams
Jamal Adams' brief tenure in Tennessee is coming to an end.Sports - Yahoo Sports - October 17 -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...Politics - The Hill - 3 days ago -
Interest rate cut hopes raised as wage growth slows
Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.Top stories - BBC News - October 15 -
BBC to cut 155 roles from news operation
Broadcaster hopes move will save £24mn from budget, according to internal memo sent to staffBusiness - Financial Times - October 15 -
Reeves eyeing £40bn in tax rises and spending cuts
Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.Top stories - BBC News - October 16 -
McKinsey Cuts Hundreds From China Workforce
The consulting firm is cutting back on state-linked clients and is working to separate its China operationsBusiness - The Wall Street Journal - October 17 -
Ministers complain to Starmer over spending cuts
Some Cabinet members are alarmed at the scale of cuts being sought to plug a rumoured £40bn gap.Top stories - BBC News - October 17 -
Titans cut safety Adams, honoring his request
The Titans released Jamal Adams, honoring the three-time Pro Bowl safety's request.Sports - ESPN - October 17 -
Trump Keeps Promising New Tax Cuts. Other Republicans Are Wary.
Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.Business - The New York Times - October 17 -
Tourism hotspot cuts council tax on second homes
Councillors vote to cut council tax premium, six months after a higher rate of 200% was brought in.Top stories - BBC News - October 17 -
Parents fight to stop cuts to school transport
North Yorkshire Council will only fund bus travel to a child's nearest school from 2025.Sports - Yahoo Sports - October 18 -
Fear that winter fuel payment cut will cost lives
Wales' older people's commissioner says people will die because of the decision.Top stories - BBC News - October 20 -
Passengers stuck on planes and homes without power
Northern Ireland Electricity restored power to more than 10,000 customers over the course of Sunday.Top stories - BBC News - October 20 -
Fed Leaders Favor Rate Cuts, But Differ on Pace
Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.Business - Inc. - October 22 -
Volvo Car Cuts Guidance on Worsening Auto Market
The Swedish car maker cut its full-year guidance and said it now anticipates negative cash flow due to lower sales expectations and a weak market.Business - The Wall Street Journal - October 23 -
Beyond Inc. to Cut Workforce by About 20%
Beyond Inc. is cutting about 20% of its workforce as part of broader review of its cost structure, which comes after the company invested about $65 million in two retailers to help restore Bed Bath ...Business - The Wall Street Journal - October 22 -
Intesa Sanpaolo unveils plans to cut 9,000 jobs
Italy’s largest bank wants to reduce costs by accelerating its digital transformationBusiness - Financial Times - October 23 -
Dassault Systemes Cuts Guidance After Earnings Disappoint
The French software maker lowered its guidance for the year after revenue and operating profit came in shy of analyst expectations in the third quarter.Business - The Wall Street Journal - October 24 -
Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All
The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.Business - The New York Times - October 24 -
Trudeau announces sharp cuts to Canada's immigration targets
The government says it "didn't get the balance quite right" when it bolstered immigration to address labour shortages.Top stories - BBC News - October 24 -
Queen's University to cut jobs as it faces £11m deficit
The university told BBC News NI it is planning to cut the jobs through a voluntary redundancy scheme.Top stories - BBC News - October 25
