Radio Sweden's coverage of business and the economy.
Ericsson is closing its factory in the northern city of Hudiksvall and has warned 318 staff that they will lose their jobs. The telecoms giant says it is going to stop making telephone lines, since there is now more demand for fiberglass cables.
Read more Ericsson closes factory in Hudiksvall
Starting in 2017 some of the Stockholm underground Metro will have driverless trains, reports news agency TT. On Tuesday the local transport authority decided to buy 48 new trains SEK 5.1 billion.
Read more Driverless trains for Stockholm Metro
Swedish telecom giant Ericsson is suspected of bribing Romanian ministers before securing the contract to operate the country's emergency phone number ten years ago.
Read more Ericsson accused of bribing Romanian politicians
Police suspect three former Saab Automobile executives of tax evasion, reports Swedish Radio Väst. Vänersborg district court has confirmed that one of them is former CEO Jan-Åke Jonsson, reports news agency TT. All three were arrested after they were taken in for questioning, two in Gothenburg in western Sweden and one in Lund in the south.
Read more Former CEO among Saab execs suspected of tax evasion
New banknotes featuring stars such as Greta Garbo and Astrid Lindgren are due to enter circulation in around two years' time, but Sweden's central bank wants traders to handle phasing out old notes, something that retailers say will be enormously costly for them.
Read more Retailers upset over banknote change
Another chapter of the Swedish Trade Union Federation (LO) plans to vote on Tuesday whether its members should boycott the airline Ryanair for what they say is the company’s unfair treatment of its employees.
Read more New union district could boycott Ryanair
Microsoft's founder Bill Gates has recaptured the top spot from Mexico's Carlos Slim on the Bloomberg Billionaire Index, a calculation of the world's richest people based on market and economic fluctuations. But two Swedes are among the top 20 – Ikea's Ingvar Kamprad and H&M's Stefan Persson.
Read more Two Swedes among the richest in the world
The Swedish online music service, Spotify, now has to contend with another competitor as the search engine company Google launched its new music service for smart phones and tablets in the U.S., Wednesday.
Read more Spotify has new competitor: Google
The venture capital company Investor Growth Capital, owned by Investor AB, a Swedish investment company largely controlled by the Swedish Wallenberg family, bought 24 state-owned Apoteket pharmacies together with another company for SEK 225 million and sold them on to a competitor three years later for over SEK 600 million, sources tells Dagens Industri, Sweden's daily financial newspaper.
Read more Were state-owned pharmacies sold on the cheap?
Sweden’s Finance Minister Anders Borg has called for tax cuts and spending on education to stimulate the European Union's faltering economy.
“We have high unemployment in Europe – it’s at 12 percent in the eurozone,” Borg told Swedish Radio, as he was in Brussels for a finance minister summit.
“We have to start giving a little better growth stimulus to the economy.”
Read more Borg calls for tax cuts to boost EU economy
More than half of young people in big Swedish cities live at home with their parents unvoluntarily, according to a report from the Swedish Union of Tenants.
The number is highest in Stockholm (58 percent), where 40,000 students and young people aged from 20-years-old to 27-years-old face major difficulties in finding their own place, reports Metro newspaper.
Read more Record numbers of young people live with parents
The gap between rich and poor has grown the fastest in Sweden in the last decade, compared to any other country of the 34-nation group, the OECD, according to the new report from the organization.
Read more Income gap grows fastest in Sweden
The Court of Appeal has cleared most of the Hell's Angels who were accused of attacking a rival motorbike club's party. Last year several people at the party were beaten, at least one received life threatening injuries.
Read more Many Hell's Angels cleared of party attack
Since January, people have had to pay a fee to drive into central Gothenburg, and now a survey suggests most Gothenburg residents want a referendum on this decision.
Read more Six out of ten Gothenburgers want referendum on congestion charge
John Kerry held a press conference in Sweden, as he arrives to take part in the last Swedish-run meeting of the Arctic Council.
The US Secretary of State, who handles foreign affairs, is meeting the Swedish prime minister and foreign minister and then will travel to the meeting, to be held in Arctic town of Kiruna.
Read more Kerry talks Syria, Iran and climate change with Reinfeldt in Sweden