Sweden delayed until 1 June Covid-19 restrictions relaxation due to the relatively high number of new cases, news wires reported. The current limit of eight people at public events will only be lifted after that date at the earliest, as the government once again postponed the planned easing of its Covid-19 measures.

Sweden will postpone a tentative plan to ease some Covid-19 restrictions due to the ongoing high levels of new infections, the government said on Thursday cited by Reuters. The Nordic country is experiencing a severe third wave of the virus and the number of patients treated in intensive care is at the highest level since the spring of last year.

The Swedish carmaker Volvo announced it would offerl offer a generous paid parental leave scheme to its 40,000 employees globally, BBC reported. The plan envisages payments over three years parenthood. The initiative is likely to cost Volvo a massive amount of cash. Parental leave benefit is often generous at Swedish companies, and now Volvo's scheme will apply to all of its employees, including China and the US.

Swedish police on Saturday dispersed hundreds of opponents of coronavirus restrictions who staged a protest in the capital Stockholm in defiance of a ban on large gatherings, news wires reported. According to Swedish daily Dagens Nyheter, demonstrators had travelled from several parts of Sweden. The protest was disbanded by police due to lack of permit for the public gathering.

Swedish police on Thursday said they were no longer investigating possible terror motives for the attack in the town of Vetlanda, where a man stabbed and injured eight people a day earlier, AFP reported.

A man in his 20s attacked on Wednesday afternoon people with a knife in the small Swedish town of Vetlanda, about 180 km southeast of Goteborg, and managed to stab and injure eight, news wires reported citing local police. Fortunately nobody has died, and the attacker was shot and arrested.

The Sweden based car maker Volvo announced it would switch to making only electric vehicles from 2030 and halt production of all cars with internal combustion engines - including hybrids, AP reported. The call comes in line with the companies strategy for reducing greenhouse gases.

The Swedish “buy now pay later” firm Klarna saw its market valuation nearly triple to $31bn as its fundraising round this week was heavily oversubscribed, Reuters reported. Klarna’s $1bn fundraising round was oversubscribed nearly four times and included a combination of new and existing investors.

The Swedish government warned on Wednesday of possible local lockdowns for the first time in the pandemic as it fears a new wave following an increase of cases in some regions after weeks of a relatively stable spread of the coronavirus, news wires reported.

A new study by Danderyd University Hospital and Karolinska Institute in Sweden shows that 96% of those infected in the spring still have antibodies after nine months.