Swedish shoppers drove retail sales to their highest monthly gain since before the pandemic, adding to signs of recovery in household spending and bolstering the central bank’s view of no further easing.

While that success has been welcomed, it has put a strain on the prison system. In 2023, the latest year for which records are available, Swedish courts handed down prison sentences totalling just under 200,000 months, a 25% increase from the previous year and a doubling compared with 2014.

STOCKHOLM–Sweden’s central bank lowered its key interest rate on Wednesday, with policymakers signaling they might be finished with their monetary policy easing. The Riksbank cut its key interest rate by a quarter of a percentage point to 2.

Sweden's LKAB could supply around 18% of Europe's rare earth metal demand in the long term if its north Arctic Per Geijer mine enters production, the company said on Tuesday as it began construction of a related processing facility.

Swedish telecoms group Tele2 plans to cut more than 600 jobs in 2025 as it seeks to reduce costs and boost profitability, the company said as it reported a rise in fourth-quarter earnings on Wednesday.

Swedish authorities boarded a vessel suspected of being involved in an earlier underwater sabotage of cables in the Baltic Sea on Monday.

The Nordic country has opened an investigation into the damage, just weeks after NATO stepped up its military presence in the area following a series of similar incidents.

A man who repeatedly burnt the Koran in 2023 in Sweden, sparking outrage in Muslim countries, has been shot dead, media reported as police confirmed a man died in a shooting the day before.

An Iraqi man who carried out several Quran burnings in Sweden has died, a judge in Stockholm said Thursday. Swedish media reported that he was killed in a shooting in a nearby city.

A man who repeatedly burnt the Koran in 2023 in Sweden, sparking outrage in Muslim countries, has been shot dead, media reported Thursday as police confirmed a man

Salwan Momika, an Iraqi refugee involved in Quran-burning protests in Sweden, was shot dead on Wednesday night. Momika faced hate crime charges and ha