Microsoft announces major AI investment in Sweden
In line with government’s commitment to increase innovation, competitiveness and national resilience
Sweden
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Milken report flags Scandinavia as investment hotspot
Based on business perception, economic fundamentals, financial services, institutional framework and international standards
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European firms announce large funding-raises
Finnish firm Valmet has signed a €175m loan agreement with the EIB to support its efforts to finance technologies that replace fossil fuels with renewables. According to the company, the financing aims to enhance the resource and energy efficiency as well as the performance of Valmet’s technology, promote the use of recyclable raw materials and…
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BlackRock takes lead in €1.1bn capital raise by Sweden’s Northvolt
Latest funding an extension of the $1.1bn convertible issued in July 2022
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Dimensional ramps up Nordics offering
Strategies made available in Finland, Norway, and Sweden
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Canadians invest €365m into Swedish battery maker
The Investment Management Corporation of Ontario (IMCO) is to allocate $400m (€365m) into Swedish company Northvolt. The Canadian firm, which manages $79bn of assets for public-sector entities and other clients, said the funding would enable the battery maker’s planned expansion. It referred to Northvolt’s first gigafactory in northern Sweden, which produces batteries using fossil-fuel electricity.…
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Sweden’s national bank hikes policy rate again
The national bank of Sweden has said it will raise its policy rate to 3.5%, with further increases expected. In a statement, Sveriges Riksbank said the rise would become effective from 3 May after the executive board gave assent to the increase of 0.5 percentage points. It added the rate would be raised by another…
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Savills IM agrees €100m Swedish property deal
Savills Investment Management has agreed to buy €100m worth of residential property in Sweden, adding the buildings to its European Living platform. The firm said the deal would comprise six buildings across the cities of Uppsala, Västerås and Gävle, all of which were built in the last four years. It added that five out of…
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Fierce competition brewing to be Europe’s sustainable fund hotspot
Luxembourg tops the rankings but it is followed closely by Ireland, Sweden and France
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How ethical is investing in buy-now-pay-later firms?
The likes of Klarna risk sending financially vulnerable people deeper into debt
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Pension funds make climate commitment
In a signal that ‘investors are seeking additional investable opportunities’
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Climate tech investment flocks to Europe
Continent described as ‘one super-connected tech ecosystem’ where cities work together and ‘spark ideas’