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  • Sweden cuts key interest rate further below zero Thursday, 11 Feb 2016 | 4:39 AM ET

    STOCKHOLM— Sweden's central bank, worried about a long period of low inflation, decided Thursday to cut its key interest further below zero to a record minus 0.50 percent— and didn't rule out further action. Describing it as a "uniquely low interest rate," Riksbank Governor Stefan Ingves didn't want to speculate on future measures but said that "unfortunately the...

  • DIARY-Top Economic Events to Feb 24 Wednesday, 10 Feb 2016 | 7:01 PM ET

    LONDON- Bank of England deputy governors, Jon Cunliffe and Andrew Bailey, to appear at Lords committee on euro zone financial system- 1130 GMT. SYDNEY- Reserve Bank of Australia Governor Glenn Stevens appears before the House of Representatives' Standing Committee on Economics in his twice yearly parliamentary testimony- 2230 GMT. WASHINGTON- Federal Reserve...

  • DIARY-Top Economic Events to Feb 21 Monday, 8 Feb 2016 | 7:01 PM ET

    Comptroller of the Currency Thomas Curry speaks at luncheon before the 2016 National Interagency Community Reinvestment Conference, "Pathways to Economic Opportunity," sponsored by the Federal Reserve Bank of San Francisco, Federal Deposit Insurance Corp, Office of the Comptroller of the Currency and the Community Development Financial Institutions...

  • DIARY-Top Economic Events to Feb 18 Friday, 5 Feb 2016 | 7:01 PM ET

    MONDAY, FEBRUARY 8 LOS ANGELES- Federal Deposit Insurance Corp Chair Martin Gruenberg speaks before the 2016 National Inter-agency Community Reinvestment Conference, "Pathways to Economic Opportunity," sponsored by the Federal Reserve Bank of San Francisco, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency and the...

  • HELSINKI— Swedish truck maker AB Volvo has posted a fourth quarter net profit of 2.59 billion kronor, compared with a 2.98 billion kronor loss last year, on the back of cost cuts and brisk sales in Europe. The previous year's earnings were hurt by big provisions relating to an EU antitrust case and credit losses in China. In Europe, demand for Volvo's trucks is...

  • DIARY-Top Economic Events to Feb 17 Thursday, 4 Feb 2016 | 7:00 PM ET

    LONDON- European Central Bank's Supervisory Council member Daniele Nouy to participate in panel discussion at European Banking Authority 5th Anniversary Conference- 1130 GMT. LONDON- Bank of England's Deputy Governor for Prudential Regulation and Chief Executive Officer of the Prudential Regulation Authority Andrew Bailey to participate in panel...

  • Business events scheduled for Friday Thursday, 4 Feb 2016 | 1:14 PM ET

    WASHINGTON— Labor Department releases employment data for January, 8:30 a.m. Eastern. WASHINGTON— Commerce Department releases international trade data for December, 8:30 a.m.. WASHINGTON— Federal Reserve releases consumer credit data for December, 3 p.m..

  • DIARY-Top Economic Events to Feb 16 Tuesday, 2 Feb 2016 | 7:01 PM ET

    WEDNESDAY, FEBRUARY 3 LONDON- Treasury Select Committee Hearing- The Economic and financial costs and benefits of UK's EU membership with Bank of England's Chief Executive Officer of the Prudential Regulation Authority Andrew Bailey- 1415 GMT. ROME- UK Finance Minister George Osborne and Italian Economy Minister Pier Carlo Padoan take part in a debate...

  • Want a better career? Check out these countries Monday, 1 Feb 2016 | 7:01 PM ET
    The River Limmat in Zürich

    European countries are the top destinations for people thinking of developing their career abroad, a survey from HSBC has found.

  • Merkel in trouble over refugee stance Friday, 29 Jan 2016 | 12:02 PM ET
    A child holds a self-made placard reading "SOS help me" outside the railways station in Budapest, Hungary September 2, 2015. Hundreds of migrants protest in front of Budapest's Keleti Railway Terminus for a second straight day on Wednesday, shouting "Freedom, freedom!" and demanding to be let onto trains bound for Germany from a station that has been closed to them by Hungarian riot police officers.

    German Chancellor Angela Merkel has tightened her stance on refugees as her popularity suffers. But Germany is not the only European countries with controversial refugee policies.

  • Negative rates in Europe offer little hope for Japan Friday, 29 Jan 2016 | 8:46 AM ET

    On Friday, Japan followed the European Central Bank in cutting a benchmark interest rate below zero, imposing a penalty charge on banks who park money with the institution. Economists, however, said this tactic had seen limited success in the euro zone, Sweden or Denmark, where similar charges have been imposed to encourage banks to lend in the hope of buoying the...

  • DIARY-Top Economic Events to Feb 11 Thursday, 28 Jan 2016 | 7:01 PM ET

    SAN FRANCISCO- Federal Reserve Bank of San Francisco President John Williams participates in panel before the Commonwealth Club, Bank of America Merrill Lynch Walter E. Hoadley Annual Economic Forecast event- 2030 GMT. PRAGUE- European Commission Vice President Valdis Dombrovskis, Slovak Finance Minister Peter Kazimir, Czech central bank Governor...

  • *Sees demand growing in 2016 in Europe and N.America. STOCKHOLM, Jan 28- A failed attempt to buy General Electric's white goods business pushed Sweden's Electrolux into the red in the fourth quarter of 2015 and left the home appliances maker casting around for an alternative strategy. Electrolux will seek to regroup under new Chief Executive Jonas Samuelson,...

  • KIEV, Jan 22- The head of Ukraine's competition authority said on Friday that the watchdog had decided to fine Russian gas company Gazprom 85 billion hryvnias for abusing its monopoly on the Ukrainian gas transit market. The decision by the Ukrainian regulator is the latest chapter in a long-standing gas conflict between the two countries, resulting in a sharp...

  • Don’t tie sexual harassment to migration: Sweden PM Wednesday, 20 Jan 2016 | 7:00 AM ET
    Don’t tie sexual harassment to migration: Sweden PM

    Sweden’s Prime Minister, Stefan Löfven discusses the refugee crisis and the fear factor that’s risen in relation to the recent terror attacks.

  • US debate’s tone is concerning: Sweden PM Wednesday, 20 Jan 2016 | 7:00 AM ET
    US debate’s tone is concerning: Sweden PM

    In response to Donald Trump’s recent comments, Sweden’s Prime Minister, Stefan Löfven, says he is concerned by the U.S. presidential debate and its tone in general.

  • The impact of the Chinese sell-off on Sweden Monday, 18 Jan 2016 | 1:00 AM ET
    The impact of the Chinese sell-off on Sweden

    Per Bolund, Deputy Minister for Finance for Sweden, discusses his country's economy and how it is affected by the market turmoil in China.

  • BENGALURU, Jan 14- Economic growth is losing momentum across emerging and developed economies as is inflation, with trouble in China now the biggest worry for 2016, according to the overwhelming majority of hundreds of economists polled by Reuters around the world. Elwin de Groot, senior market economist at Rabobank, warned that the world could no longer rely...

  • OSLO/ STOCKHOLM, Jan 14- The Swedish economy will grow more than twice as fast as that of neighboring Norway in 2016 and is also expected to comfortably outpace Denmark, a Reuters poll showed on Thursday. The 28 analysts polled saw Sweden's gross domestic product growing on average 2.9 percent in 2016, easily outstripping an unchanged forecast of 1.4 percent for...

  • Waning central bank power cuts forex market adrift Thursday, 14 Jan 2016 | 5:22 AM ET

    *ECB, BOJ, Riksbank all easing, yet currencies gain. LONDON, Jan 14- Investors have become acclimatised to developed economies trying to boost growth by devaluing their currencies, taking away the one-way bets on exchange rates such actions created in the recent past. The Bank of Japan, the European Central Bank and Sweden's Riksbank are all creating new money...