Sweden can send criminals to serve their sentences in prisons abroad, a government-appointed commission said on Wednesday, as the country struggles to handle an influx of new inmates arising from a wave of gang crime.

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.

The Swedish government said Wednesday that it was examining the possibility of sending some inmates to serve their sentences in prisons abroad, anticipating heavy pressure on its own prisons in the coming years.

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.

Swedish authorities have seized a ship over the “aggravated sabotage” of an undersea fibre-optic cable linking Latvia with a strategically important island in Sweden.

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

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.

Since the start of the 2022-23 season, Newcastle’s most deadly assister-goalscorer combination in the Premier League is Murphy to Isak with eight, ahead of Bruno Guimaraes to Isak (six) and Guimaraes to Almiron (four).

EA UFC has a new update coming on Thursday, but there are still at least five Alter Ego characters that would be excellent additions to the game.

The Swedish government said Wednesday that it was examining the possibility of sending some inmates to serve their sentences in prisons abroad, anticipating heavy pressure on its own prisons in the coming years.