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.

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.

Sweden's SSAB posted fourth-quarter operating profit above analysts' estimates on Wednesday, helped by resilient demand for its high-strength steel and other premium products despite generally weak European and North America markets.

Samuel Ersson has been named to Team Sweden's roster for the 4 Nations Face-Off. The Philadelphia Flyers goalie will replace Jacob Markstrom of the New Jersey Devils, who is expected to be out 4-6 weeks because of a sprained MCL in his knee sustained Jan. 22.

Stockholm Wood City is swapping polluting steel and concrete for a more climate-friendly construction material: timber.

Team Sweden has decided on Philadelphia Flyers goaltender Samuel Ersson as Jacob Markstrom's replacement for the 4 Nations Face-Off.

Team Sweden has announced Philadelphia Flyers goalie Sam Ersson as a late addition to their lineup for the upcoming 4 Nations Face-Off. With Jacob Markstrom of

Philadelphia Flyers' goaltender Samuel Ersson will replace the injured Jacob Markstrom on Team Sweden for the upcoming 4 Nations tournament. Tuesday's announcement came days after New Jersey Devils' netminder Markstrom was placed on injured reserve by the team with an MCL sprain he suffered in a collision with Boston forward Justin Brazeau in last Wednesday's game.

Barring any injuries, the Toronto Maple Leafs will have at least one player on each of the 4 Nations Face-Off rosters next month. Sweden’s lone Leafs representative, William Nylander, is no stranger to the national team program.

Philadelphia Flyers goaltender Samuel Ersson has been added to Sweden's roster for the upcoming 4 Nations Face-off as an injury replacement for New Jersey's Jacob Markstrom.