World Bank raises growth forecast for East Asia – warns of AI risks
The World Bank raises its forecast for growth in East Asia and the Pacific in 2026 to 4.5 percent, from 4.2 percent previously. Growth is then expected to slow to 4.4 percent in 2027 and 4.3 percent in 2028. The upswing is largely driven by AI-related exports, which accounted for more than half of export […]
Shelly Group’s board deems Schneider Electric’s bid fair
Shelly Group’s board deems Schneider Electric’s cash offer of EUR 70 per share fair and adequate. This is stated in a press release. The offer represents a premium of approximately 27 percent to the volume-weighted average price on Xetra over the six months through 28 July. An independent valuation by Freitag & Co also deems […]
Swedavia’s passenger traffic increased 2 percent in September
Just over 3.17 million passengers passed through state-owned airport operator Swedavia’s ten airports in September, an increase of 2 percent compared with the same month in 2025. International traffic rose 3 percent to approximately 2.45 million passengers, while domestic traffic fell 1 percent to approximately 721,000. Stockholm Arlanda had just over 2.27 million passengers, up […]
