Sweden’s Economic Contraction Driven by Sputtering Export Engine

[ad_1] A decline in exports dragged down Sweden’s economy in the second quarter, even as output contracted less than previously estimated. Calendar-adjusted gross domestic product shrank by 0.8% in the…

Sweden’s Recession Seen Lasting Longer With Households Pressured

[ad_1] Sweden’s economy is facing two years of recession — more than previously thought — as rising costs force consumers to continue paring back spending into next year, according to…

Swedish Refiner to Boost Supply of Sustainable Aviation Fuel

[ad_1] Swedish refiner Preem AB is planning to convert part of its Lysekil refinery on the Scandinavian country’s west coast to make renewable fuels for airplanes and other vehicles. The…