Economy

The state of the world economy
Economist: Business may have to handle the next crisis

The crises of recent years have caused central banks and governments to open their wallets and now global debt is approaching 100 percent of GDP. Soon we may be approaching the limit where we cannot repay. This is what SEB's senior economist Robert Bergqvist tells SvD.

But while we have "lowered the immune system" in public finances, private sector debt has decreased.

- I would like to describe it as us having transferred the power to handle the next crisis to the private sector, Bergqvist tells the newspaper.

Länsförsäkringar's chief economist Alexandra Stråberg notes that global cooperation has deteriorated. At the same time, our insight into resisting crises has increased, which can lead to wise investments and collaborations, she adds.

Gig Economy
Sources: Uber close to buying Foodora's owner

Uber finally looks set to succeed in buying the German owner of food delivery company Foodora, Delivery Hero. According to sources to the Financial Times, the parties are close to announcing a deal that values ​​Delivery Hero at 12.5 billion euros, equivalent to 137 billion kronor.

That corresponds to 41 euros per share. In May, the Swedish-founded Foodora owner declined an offer from Uber of 33 euros per share, which corresponded to approximately 108 billion kronor.

An announcement could come as early as Thursday, according to the newspaper's sources.

Space X stock market trip
Space X fell below subscription price for the first time

Elon Musk's space company SpaceX traded below $135 for the first time on Wednesday, which was the introductory price at the stock market listing last month, notes CNBC.

The rocket stock began its stock market trip like a real stock rocket and was up 67 percent at its peak, but has since struggled against headwinds.

Last week, SpaceX was included in the Nasdaq100 index, which means that index funds must buy the stock. At the same time, buying pressure has been limited by the fact that only a small percentage of the shares were released for sale.

At the close, the stock had recovered slightly and closed 0.6 percent lower for the day at $135.27. 

SAS future
Fuel prices rise – SAS may cancel more flights

SAS has canceled up to 5 percent of its departures in recent months, citing higher fuel prices in the wake of the Iran war. The airline's CEO Anko van der Werff does not rule out more flights being canceled, according to SR Ekot.

- We have no plans to cancel more, but we have to see what happens in the Middle East and how it affects oil prices, he says.

The price of a barrel of jet fuel peaked at over 200 dollars when the war broke out, but has since fallen back. In the past week, the price has risen again to around 127 dollars per barrel. Before the war, the price was around 100 dollars per barrel.

The price of crude oil has risen from under 70 dollars per barrel to over 80 dollars per barrel. 

Saab sales
"Saab's report will be bad - if the stock market gods are with me"

Stock market profile John Skogman's career as a day trader may soon be over - at least if you take him at his word, reports Affärsvärlden.

A year ago, he promised to end his career if Saab's share price is above 555 kronor on July 18 this year, that is, after Friday's interim report.

- If the stock market gods are with me, it will be a bad report, Skogman tells the newspaper.

Stock market profile has shorted Saab, which means that he will make a profit if the share falls. The reason is that he does not believe that the company can deliver as much as the market expects, due to problems in the supply chains.

On Wednesday, Saab's share closed at just over 522 kronor.