Klarna has become Sweden's next $1bn tech company. Michal Kaczmarski looks at how the company has simplified online payments to the benefit of buyers and retailers alike, and reports on its quest to replicate its existing success in Europe in the competitive US payments market.
Latest articles from Sweden
A bi-annual survey of northern European investors, conducted by Scandinavian bank SEB, found that, despite a slight dip in investor sentiment, companies were largely still pursuing their long-term growth plans in China.
The annual Cities of Opportunity Index by consultancy firm PricewaterhouseCoopers ranked London as the leading city.
According to the latest Index of Economic Freedom, compiled by US-based conservative think tank Heritage Foundation and newspaper The Wall Street Journal, a number of countries, particularly those in the Middle East, saw economic freedoms decline compared with last year.
This year's Bio International Convention attracted more than 15,000 attendees, among them an army of economic developers and elected officials hoping to secure investments into the sector. Michal Kaczmarski asked representatives why investors should bet on their locations and whether they see emerging markets as a source of opportunities or competition.
Many investment promotion agencies are just as keen to court start-ups as they are large multinationals, but their approach to attracting these smaller, more fragile companies may benefit from being more hands off than with their larger, established counterparts.
Mipim, an international real estate show hosted every year in Cannes, France, brings together thousands of developers and architects, as well as city and country officials eager to court potential investors. At this year's event, Michal Kaczmarski asked representatives from Brabant, Eindhoven, Frankfurt, Liverpool, Montenegro and the Chechen Republic what sets their locations apart from other destinations.
A ruling by World Bank arbitrators in favour of a group of Swedish investors over Romania looks set to cause ructions within the EU's corridors of power.
In 2012, merger and acquisition activity in the Nordic region experienced significant levels of growth, while in western Europe activity declined by almost the same amount.
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