Bloomberg Swedes became more pessimistic as the central bank prepares to raise interest rates for the first time in seven years and politicians struggle to form a government more than a month after the nation’s inconclusive election. The economic tendency indicator fell to 108.0 in October from 111.2 in September, the National Institute of Economic Research said. Analysts surveyed by ...

Globalisation strikes again. The latest target is entrepreneurship. For decades, promoting startup firms through venture capital and other methods of business investment seemed a peculiarly American strength. It has nurtured countless tech firms, including titans such as Facebook, Google and Apple. Americans have been duly proud. It reinforced a sense of national exceptionalism, because other countries couldn’t easily duplicate it, ...

BT Group Plc’s pick to replace its boss Gavin Patterson, a former marketing director at Procter & Gamble Co., is Philip Jansen, a former marketing director at Procter & Gamble Co. Indeed, it was Jansen – currently co-CEO at Worldpay Inc. – who first brought Patterson into the telecoms world, hiring him at the turn of the millennium for a ...