
Terje Solsvik
Editor at Thomson Reuters
Reporting Nordic news at Reuters. Opinions are my own. Retweets are not endorsements
Articles
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1 week ago |
gurutrade.com | Simon Johnson |Terje Solsvik |Rachna Uppal
STOCKHOLM, May 30 (Reuters) - Sweden's economy contracted in the first quarter compared to the previous three months, government data showed on Friday, increasing the likelihood of an interest rate cut by the central bank over the coming months. Global trade frictions had cast a pall over the economy and increased uncertainty about the outlook, the government said earlier this month, as it trimmed its forecast for GDP growth this year and next.
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1 week ago |
cp24.com | Anna Ringstrom |Marie Mannes |Terje Solsvik |Jan Harvey
STOCKHOLM - Sweden's Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand and trade uncertainty, it said on Monday. The layoffs represent around 15 per cent of the company's office staff, with close to three-quarters of job losses expected to occur in Sweden and the rest in the company's global operation, Volvo Cars said in a statement.
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2 weeks ago |
today.westlaw.com | Stephen Coates |Terje Solsvik |Nora Kamprath Buli |Stine Jacobsen
LOS ANGELES/OSLO (Reuters) -The Trump administration has lifted a month-old stop-work order on Empire Wind, a $5 billion wind farm project off the coast of New York, in a compromise with the state that could also see cancelled plans for a gas...
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3 weeks ago |
today.westlaw.com | Maggie Fick |Stine Jacobsen |Terje Solsvik |Elaine Hardcastle
COPENHAGEN (Reuters) - Wegovy-maker Novo Nordisk ousted CEO Lars Fruergaard Jorgensen on Friday over concerns the company is losing its first-mover advantage in the highly competitive obesity drug market.
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3 weeks ago |
zawya.com | Terje Solsvik
OSLO - Norway's Labour Party government plans to spend more than originally planned from the country's sovereign wealth fund in 2025 to pay for increased support to Ukraine and other priorities, it said in a proposal to parliament on Thursday. Cash spending from the $1.8 trillion sovereign wealth fund is now expected to reach 542.4 billion Norwegian crowns ($52.19 billion) this year, up from 460.1 billion originally planned last October, the government said in a revised fiscal budget.
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