Cabin crew union at SAS Link in Norway to go on strike Wednesday
Fellesforbundet’s cabin crew employees at SAS Link will go on strike from Wednesday morning after members unanimously voted against the National Mediator’s proposal. This is stated in a press release. Voter turnout exceeded 80 percent, and all those who voted said no. A key issue in the dispute concerns the pay model. The union wants […]
CAG Group’s CEO Peter Strömberg buys shares for SEK 0.5 million
CAG Group’s CEO Peter Strömberg bought 6,024 shares in the company on 22 to 23 October. The shares were purchased at an average price of SEK 84.27 per share, a transaction worth SEK 507,700. The transaction was carried out on First North. This is shown by the Swedish Financial Supervisory Authority’s insider register. Strömberg subsequently […]
Debenhams Group turned a profit in the first half (Update)
British e-commerce group Debenhams Group, also known under the Boohoo brand, reports lower revenue but significantly improved results in the first half of the 2026/2027 financial year. Revenue fell 3.0 percent to GBP 409.6 million (422.4). Total gross merchandise value, GMV, before returns increased 1.8 percent to GBP 863.8 million (848.6). Growth accelerated from 0.5 […]
28,000 Danish websites still lack security updates
Around 28,000 Danish websites remain vulnerable following the discovery of two security flaws in the PHP programming language. Ritzau reports this. Of these, around 8,000 websites can be updated but have not yet been remediated. Another 19,000–20,000 use versions of PHP so old that the security update does not work. The security flaws, which were […]
OP Corporate Bank downgrades Fiskars to sell (reduce), price target EUR 12.50 – BN
OP Corporate Bank downgrades Fiskars to sell (reduce), price target EUR 12.50 – BN
SK Hyper seeks financing for $350 billion AI venture – BN
South Korean SK Group’s data center company SK Hyper is in talks with major technology companies and financial investors about financing a major AI infrastructure venture. Bloomberg News reports. The company plans to build data centers with a capacity of 15 gigawatts in South Korea by 2035. The first phase of 5 gigawatts is estimated […]
Nvidia invests in AI video company Higgsfield – BN
Chip giant Nvidia and venture capital firm TCV have invested in AI video company Higgsfield through an expansion of a $400 million financing round from August. Bloomberg News reports. Higgsfield was valued at $5.4 billion in the round. The capital will be used, among other things, for AI infrastructure, but the size of the new […]
Bank of America expects two interest rate hikes from the Riksbank
Bank of America expects the Riksbank to raise the policy rate by 25 basis points in November and by a further 25 basis points during the first quarter of 2027, to 2.25 percent. The bank points out that the Riksbank has become more concerned about inflation risks, while the recovery in the Swedish economy has […]
Infrea to be delisted from Nasdaq Stockholm, with the last trading day on 3 November
Nasdaq Stockholm has approved infrastructure company Infrea’s application for delisting. The last trading day for the share is expected to be 3 November, according to a press release. The background is that Infrea is merging with Netel through a merger, which is expected expected to be registered with the Swedish Companies Registration Office on 4 […]
Board member at Bang & Olufsen buys shares worth DKK 415,000
Nancy Liu, a board member of Danish consumer electronics manufacturer Bang & Olufsen, bought 40,000 shares in the company on October 21. The shares were bought at a price of approximately DKK 10.38 per share, in a transaction totaling DKK 415,144. The purchase was made on the Copenhagen Stock Exchange.
