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Britain pays it last respects to the Iron lad and bid farewell
Wednesday, 17 April 2013Imag: Reuters
This is how royalty, dignitaries, and admirers from all walks of life paid their final respects to Margaret Thatcher on Wednesday in the grandest funeral for a British leader in half a century. This was despite a few boos from the London crowd which stood as a reminder of her divisive rule Reuters reports
BBC News Feed
Business and Finance News videos
Telenor Reports increased profits for the first quarter
Friday, 26 April 2013The Norwegian telecoms operator Telenor 's underlying EBITDA earnings for the first quarter of 2013 was Nkr8.423 million against Nkr 7761 million same times last year in the first quarter of 2013.
Saab factory in China for the Chinese market will be operational within three to five years
Friday, 26 April 2013For the China market, it emerged today that within three to five years, Saab cars designed for the Chinese market will be built in the Chinese city of Qingdao.
Volvo Group Posts disappointing fort quarter report
Thursday, 25 April 2013Swedish automaker Volvo Group reported first-quarter 2013 loss attributable to equity holders of the parent compny of Skr304 million , or 0.15 kronor per share, as against a profit of Skr4.05, or 1.99 kronor per share, last year.
H&M’s charitable foundation receives donation from Stefan Persson family
Thursday, 25 April 2013The Stefan Persson family is donating Skr 500 million to H&M’s charitable foundation, the H&M Conscious Foundation.
Ericsson reports worse than expected 1st quarter of 2013
Wednesday, 24 April 2013Ericsson reported a pre-tax profit of Skr2.1 billion for the first quarter of this year. It's a real fall when compared to the same period last year and worse than expected.
Stefan Stern joins Investor as senior advisor
Wednesday, 24 April 2013Stefan Stern joins Investor on May 1, 2013, as a senior advisor and will focus on our long-term ownership commitment within the health care, care and education sector.
Nordic banking giant Nordea reports above expected profits
Wednesday, 24 April 2013Nordic regions' biggest bank Nordea AB, on Wednesday reported a consensus-beating rise in first-quarter net profit, blamed on narrowing loan losses. The bank said it expects credit quality to improve further in the current year.
Scania lighten up the Stockholm bourse, as light in the European tunnel becomes the truck maker into posting better numbers.
Tuesday, 23 April 2013Downward pressure on trucks in Europe is still strong and Scania CEO Martin Lundstedt is ducking the question whether the company will make money here.
Swedish banks SEB present interim reports that met expectation.
Tuesday, 23 April 2013Swedish big bank, SEB successfully provided interim first quarter report that met expectations. According to the Tuesday report, key interest income was largely as expected and emerged one of the leading sources of money for the banks.
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Swedish giant bank accused of discriminating against poor customers in Norway
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Atlas Copco completes acquisition of Rapid-Torc
More pain to the UK economy as HSBC takes the axe on more 3000 UK jobs
Tuesday, 23 April 2013Could heavy reliance on the financial sector soon to start hurting the UK ailing economy as HSBC start slashing jobs? More from the BBC
Swedbank also beat s expectation in its interim reports
Tuesday, 23 April 2013The other Swedish giant bank, Swedbank on Tuesday morning, also reported a quarterly report that showed an operating profit of Skr4.9 billion, slightly above market expectations.
From Frying pan to Fire: Newly elected TeliaSonera board Member, Sportify founder, avoided millions in tax
Monday, 22 April 2013Newly elected board member of Telia-Sonera, the scandal beaten Swedish state owned telecoms company, Spotify founder, Martin Lorentzon, tends to be adding more pain to the company than the change of ethical face the company claimed to be pursuing.
ABB to acquire Power-One to become a global leader in solar photovoltaic (PV) inverters
Monday, 22 April 2013Swiss - Swedish engineering group, ABB (NYSE: ABB), and Power-One, Inc. (NASDAQ: PWER), a renewable energy and power management solutions, today announced that their boards of directors have agreed to a transaction in which ABB will acquire Power-One for $6.35 per share in cash or $1,028 million equity value.
SAS compete better with low cost airliners as high competition and the quest for survival forces it to join the low costs routes.
Thursday, 18 April 2013Airliner SAS claims that it can compete better against low-cost carriers on several destinations, according to Swedish Flight Price Index.
Nokia performance better than expected as looses slimmed
Thursday, 18 April 2013Finnish mobile phone manufacturer, Nokia today announced its results for the first quarter and it's showed an improved performance evidenced in the reduction of looses.
Internet web browser and open source operations system, Firefox threatens boycott of TeliaSonera
Thursday, 18 April 2013Mozilla Firefox, the internet browsing and open source operation system is threatening Swedish / Finnish telecom operator, TeliaSonera a boycott and along withdrawing its security certificate from TeliaSonera.
Telecoms company TELE2 reports above expectation results
Thursday, 18 April 2013The Swedish telecoms operator Tele2, reported an operating profit before depreciation and amortization (EBITDA) of Skr1.488 million for the first quarter of 2013.
H&M to dress the Swedish teams for 2014 and 2016 Olympic and Paralympic Games
Wednesday, 17 April 2013H&M announce that it has secured the deal to dress the Swedish teams for the Winter Olympics and Paralympics in Sochi 2014, and the Summer Olympics and Paralympics in Rio de Janeiro 2016.
Analyst are now suggesting that the Swedish krona is not really as strong
Tuesday, 16 April 2013There have been shouts and cries that the Swedish Krona has been strengthening and that it has got too strong that it is becoming a force that is killing businesses especially the export sector.
China could fund a Skr100 billion Nordic railway track
Tuesday, 16 April 2013China wants to invest in a Scandinavian high-speed railway network which has so far obtained partial financing. Is this a way the Chinese wants to continue to penetrate the West or are they just doing business?
32 new pharmacies open in Sweden last year as the sector still attracts investors
Monday, 15 April 2013The Swedish pharmacies sector has attracted about 345 new pharmacies created in Sweden since 2009, meaning the sector continues to attract investors despite fears that there was a growing stifling competition in the sector.
Beyoncé starts work for an H&M campaign for the summer.
Monday, 15 April 2013Beyoncé shows off her incredible bikini body in tiny two-pieces for new H&M campaign, reports Daily Mail
Elekta's Beam Shaping Technology to boost Swedish Clinic cancer treatment efficiency
Friday, 12 April 2013Swedish Human care company, Elekta said Friday that Uppsala University Hospital is the first clinic in Scandinavia to treat cancer patients using radiotherapy systems...
Share holders of British Petroleum a.k.a. BP would be protesting against their the company and its Swedish chairman, Svanberg
Thursday, 11 April 2013On Thursday oil giant BP will be gathering for its AGM and it can be a loaded event. Some of the company's shareholders have promised to protest against the management's salaries and Chairman Carl-Henric Svanberg.
Atlas Copco acquires U.S. compressor distribution
Thursday, 11 April 2013Atlas Copco announces that its U.S.-based subsidiary, Quincy Compressor LLC has agreed to acquire National Pump & Compressor’s air compressor business in the state of Illinois, USA.
Saab automobile still in the News as one last one sold big at auction
Wednesday, 10 April 2013Saab automobile cars are still making wave in the market despite the fact that the company that use to make them has been wiped out of the corporate world.
U.K. Clinic aiming to benefit from the revolutionary efficiency in radiotherapy treatment when it starts using Elekta’s New Versa HD System
Wednesday, 10 April 2013Elekta’s new Versa HD™ system will assist the Christie NHS Foundation Trust to harness new linear accelerator to improve therapy for patients with head-and-neck, lung and prostate cancers.
Ericsson to buy Microsoft IPTV business
Tuesday, 09 April 2013Swedish telecom equipment maker Ericsson announced yesterday that has reached an agreement with Microsoft (NASDAQ:MSFT) to acquire its TV solution Mediaroom business.
Lundin Petroleum makes oil discovery off shore of Norway
Monday, 08 April 2013The oil company Lundin Petroleum has made a "potentially significant oil discovery" in the North Sea, through its wholly owned subsidiary Lundin Norway AS (Lundin Norway).
Ikea kept quiet about the discovery of pork in Moose lasagne
Monday, 08 April 2013There were "small" amounts of pork in a mosse lasagne that Ikea sold, which was stopped at the end of March. It is held that Ikea knew about the presence of pork but failed to inform customers about the discovery.
Volvo sells more cars in China than in Sweden
Friday, 05 April 2013During the first quarter of this year, China has emerged as Volvo's second largest market, overtaking Sweden. But total sales still look shaky for the Swedish Chinese own car marker.
Nokia Siemens Networks Gets 3G Network Deal in Thailand
Thursday, 04 April 2013Network equipment vendor Nokia Siemens Networks announced on Thursday that it has been selected by Thai operator AIS to deploy a 3G network in Thailand. Any amount in connection with the deal was not disclosed.
Atlas Copco completes acquisition of MEYCO
Wednesday, 03 April 2013Atlas Copco (Schweiz) AG has closed the acquisition of Switzerland-based MEYCO Equipment business.
Swedbank to discontinue operations in Ukraine and Russia
Monday, 01 April 2013Swedish banking group, Swedbank has announced that it has decided to discontinue its remaining operations in Ukraine and Russia and has signed a share purchase agreement regarding its Ukrainian subsidiary with Mr. Mykola Lagun, the majority owner in Delta Bank.
VimpelCom Interested in Tele2 Russia, Sees It as 'Attractive' - Source
Thursday, 28 March 2013One of Russia's big three telecommunications companies, VimpelCom Ltd. (VIP), could still be interested in the Russian business of Swedish telecom company Tele2 AB, a person close to VimpelCom told Dow Jones Newswires on Thursday.
Greater chances that Telia Sonera could loose profits made in Uzbekistan if found guilty
Thursday, 28 March 2013
TeliaSonera may miss out on all the profits the company has made in Uzbekistan, according prosecutor, Gunnar Stetler, who is investigating the company's suspected corrupt practices in the country said.
Continuous tussle between two aspiring personalities to lead Sweden in the future
Friday, 26 April 2013Although it is very easy for the Swedish people to develop fatigue in a political leader after he has been in office for long, the current and present prime minister, Fredrik Reinfeldt continues to be rated higher in the mind of voters.
Black people again on the breath of Swedish far right party - No good
Friday, 26 April 2013
A parliamentarian from the Swedish far right party, the Sweden Democrats, has come up again with another derogatory remark about the Black Africans.
The Europe crisis pushing more into forced prostitution in Sweden
Friday, 26 April 2013The Nordic countries have become an increasingly attractive market for forced prostitution in recent years blamed on the euro crisis in southern Europe. The number of trafficking victims in Sweden has risen sharply, according to new European statistics.
Norwegian oil fund now second biggest owner of Volvo Sweden
Thursday, 25 April 2013Despite reporting a disappointing result, its stock price continues to rise. Why? Because besides the growing order recorded in the order books, the Norwegian oil fund is increasing its ownership in the company.
Russian spy plane flew between Öland and Gotland and Sweden did nothing
Thursday, 25 April 2013Russian military has once again surprised Sweden with another military practise near the Swedish border and Sweden has not reacted. Sweden taken for a rise by Russian and sweden seem to accpt it.
Swedish governing coalition continued to be thumped in the polls by the opposition
Thursday, 25 April 2013The Social Democrats, the Left Party and the Green Party (red-Green Coalition) have together gained a 49.5 percent of voter support in the latest voters' opinion poll ran by Swedish television, TV4 conducted by polling organisation Novus.
British economy did not fall into a triple dip recession as previously feared
Thursday, 25 April 2013The British economy avoided the triple dip recession with an economy that grew better than expected to 0.3 percent in the first quarter compared with the previous quarter.
Workers of Indian owned Tata Consulting in Finalnd walk off the job
Wednesday, 24 April 2013Former Nokia workers employed by the Indian IT services firm Tata Consulting Services (TCS) have walked off the job. The workers are facing the axe as TCS looks to downsize its workforce in Finland, reports Yle Finland
Swedish banks moving away from handling cash
Wednesday, 24 April 2013Sweden’s banks are mostly phasing out manual cash handling as Swedes rely on credit cards, the Internet and mobile phones to make their payments. For the 20 percent of remaining cash transactions in stores, consumers turn to ATMs, reports Bloomberg news via Seattle Times.
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Some interim reports from Swedish companies between January - March 2013
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Nokia Launches New Device in Budget Smartphone Lineup - Dow Jones News
Three in ten kebab rolls sold in Sweden contain pig meat extracts
Wednesday, 24 April 2013Three out of ten randomly purchased kebab rolls sold in Sweden have been found to contain pork, although the sellers guarantee 100 percent beef.
What type of breast show more risk of cancer rejuvenation - those with dense or less dense issues? A new study separates the two
Tuesday, 23 April 2013A new study shows for the first time that researchers have been able to predict which women are at greater risk of breast cancer recurrence based on the nature of their breast composition. They have reviewed the effects of the drug tamoxifen on breast tissues, and determine that the denser the breast tissue, the greater the risk of cancer recurrence.
Swedish capital city Stockholm is among the fastest growing cities in Europe
Tuesday, 23 April 2013Stockholm has in the past, had what could be described as a docile population growth. However, in the past few years the city has grown enormously and fast in terms of the number of people living here and projection for the future shows that along with Oslo, and London, Stockholm is poised to see its urban structures increased as population growth expected to explode.
Fall in Swedish employment in the manufacturing sector
Tuesday, 23 April 2013In March 2013 the number of employed persons aged 15-74 years amounted to 4 643 000, reports Statistic Sweden
Provocation of just mistaken stray as Russian fighter plane practicing attack against Sweden
Monday, 22 April 2013Russian bomber and fighter jets trained at Gotska Sandön 3-4 km outside Swedish territorial waters for a long time on Friday night. Sweden is supposed to be prepared with at least two of its own Gripens fighter jets to counter and identify foreign flying objects like these, but none was ready. Instead, NATO planes turn out to be our saviour. This events has so far been kept secret for all this while.
Swedish far right party, the Sweden Democrats growing exponentially in southern Sweden as money keep son tumbling in
Monday, 22 April 2013If the election were held today, the Sweden Democrats, the radical far right party, would get 16 percent of the vote to the Regional Council of Skåne, Southern Sweden.
How the decennial insurance sector in Sweden became the silent most profitable industry in Sweden
22 April 2013In Sweden, the decennial insurance is quite popular within the building industry because by law all property builders and owner must take one. The nature of the industry has also been set up in such a way that only two big companies dominate the sector. With such monopoly power, profit maximisation and very little leakages make this the most profitable industry in Sweden.
Boat engines worth millions stolen in various Swedish ports
Sunday, 21 April 2013The epidemic of boat engine theft is getting strong in Sweden and it is a new phenomenon, which authorities are struggling to grapple with.
Volvocar's CEO, Hakan Samuelsson insists that the company is profitable in China despite contrary press reports
Sunday, 21 April 2013Imag: Svt
Volvo cars Corporation has been working very hard recently, more in defending itself from bad press rather than selling cars. Is their performance in the Chinese market leading them to multi-billion Krona looses are reported last week, the CEO disagreed.
Internal scandal of impropriety rocks Stockholm School of Economics
Friday, 19 April 2013Stockholm school of Economics has been rocked by an internal scandal that could over spill and tarnish the school's reputations.
Swedish political parties loose members but are expected to be fed with billions of taxpayer money
Thursday, 18 April 2013One great thing about the Swedish political system is that it is not awash with money like the type seen in places such as the USA. This means that political system would be less bias towards a particular interest group. But political parties are loosing members.
Stockholm remain stronger economically tan the rest of the country despite the economy
Thursday, 18 April 2013The Swedish economy slowed somewhat in the City of Stockholm but strengthened slightly in the county during the fourth quarter of last year, showing that Stockholm stand out as a powerful force in business in Sweden.
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Arlanda airport in Stockholm falls in rankings as Asia dominate
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China getting expensive and thus cheap China to outsource to will soon be a story of the past
Volvocars Corp., rejects reported billion looses in China
Thursday, 18 April 2013
We started this morning by reporting that Volvo Cars was making massive looses in its Chinese operations. Nevertheless, the Swedish Chinese owned automaker has had enough time to digest the news and came up later in the day with a full denial of that "allegation"
Swedish central bank, the Riksbank leave rate unchanged
Wednesday, 17 April 2013The Swedish central bank or the Riksbank has decided to leave its key interest rate unchanged at 1.0 percent. The Riksbank forecasts show that the rate will not be increased until the second half of 2014.
Is the Bastion of swedish tolerance Sweden, an immigration destination questioned
Wednesday, 17 April 2013An influx of refugees from countries such as Syria is fuelling a backlash against immigration in Sweden, for years seen by victims of conflict as a bastion of tolerance, Reuters.
Swedish food industry suffers from fall in confidence
Wednesday, 17 April 2013After the horse meat incidents in which horse meat has been sold as beef confidence in Swedish food industry has plummeted.
Easy to tell when Swedish people get tired of a political system but are they really ready to change as opposition continue to expand their lead.
Wednesday, 17 April 2013The Swedish Red-Green opposition coalition continues to increase its lead in the Swedish political scene with yet again another opinion showing that improved performance. One problem is that they have lost their majority.
IMF critical of Britain intense austerity and call on George Osborne to relax cuts
Wednesday, 17 April 2013Britain has been identified by the IMF as a country that should adopt less aggressive approach in its economic authority measures as the IMF look at the nature of world economic development in the future. Read more from the Guardian
The dream of buying a house in Stockholm should be suppressed as it becomes almost impossible
Tuesday, 16 April 2013People who aspire to buy a house in the Swedish capital, Stockholm should think again or just rob a bank. The price of property here has exploded such that it is now being popularly and openly said that buying a house in Stockholm is extremely hard.
Why does it look like climate changes seem to have reversed?
Tuesday, 16 April 2013With the excessively bitter cold this winter in the Northern hemisphere and also, a prolonged winter, it is getting hard for climate change scientists to sell their story. We were expecting a growing scorching earth but instead it has been getting colder - Why?
Five utility companies operating n Sweden risk heavy fines over operations efficiency
Tuesday, 16 April 2013During the winter of 2011/2012 there were 1.9 million power outages in Sweden. Of these 79 000 lasted more than 24 hours, in violation of act of operations requirements from such companies operating in Sweden. If these persist there will be fines.
Nordea hit with fine from the Swedish financial services authority
Tuesday, 16 April 2013Scandinavian giant bank, has been sanctioned by the Swedish Finansinspektionen (FI), Financial Supervisory Authority (SFSA) to pay Skr30 million for failing to manage assists of frozen accounts and money laundry.
Heavy criticism of the Social democrats after the dismissal of Muslim Omar Mustafa
Tuesday, 16 April 2013Photo/ SvD
The resignation of Omar Mustafa from the executive board of the Swedish Social Democrats party last weekend when it emerged that he headed an Islamic organisation that did not reflect the Social Democrat's inclusiveness principles has now sparked protest among various ranks of the party, especially the Islamic community.
About the explosions near finish line at Boston Marathon
Visit NBCNews.com for breaking news, world news, and news about the economy
Watch more from msnbcThe discovery of fighters in Syrian from Sweden becomes a headache for the Swedish security force, SAPO
Monday, 15 April 2013Swedish security police force, SAPO is worried that some 30 Islamist inspired people from Sweden have travelled from Sweden to fight or trained for battle in Syria.
Majority of British businesses prefer that Britain remains in the EU.
Monday, 15 April 2013The BBC reports that Business lobby group British Chambers of Commerce (BCC) says most UK companies want to stay in Europe, with some powers brought back home. Read from the BBC
Swedish unemployment rate will not decrease in the nearest coming years
Monday, 15 April 2013Swedish unemployment will remain above 8 percent for years, the government presented in its spring budget and which Scandinavian companies and market has seen.
BBC working very hard for fee payers but accused of putting students on the firing line in North Korea
Sunday, 14 April 2013The BBC secretly sent three journalists to accompany students to a field trip to North Korea disguised as a research, which turned out to be a TV documentary.The LSE is furious but the BBC is bullish.
Norwegian philanthropist launches efforts to seek funding for an Indian child with hydrocephalus
Sunday, 14 April 2013Norwegian philanthropist over the weekend were working hard to assist a child in India with a severe hydrocephalus seek treatment.
Conflict between democracy, freedom, religion, and culture in Swedish Social Democratic Party. Omar Mustafa must choose between Swedish political model or Islamic religious model
Saturday, 13 April 2013Sweden has its own difficulties when it comes to diversity of its people in public life. However, one thing is clear, Sweden leads in areas of freedom - freedom of warship, press, gender equality, and democracy among others in the world. So how should a typical Muslim work in a Swedish political party such as the Social Democrats?
Politics, internet and business - how the internet hit hard at Swedish political businessman with a weak spot for internet
Friday, 12 April 2013The virtual currency bitcoin has become a hot topic in financial circles, partly because of the extreme price movements.
Sweden ranked most socially advanced country, a new Social Progress Index rank countries using another methodology
Friday, 12 April 2013The new index - Social Progress Index, SPI, has completely ignores the traditional measure of economic growth, GDP, and focus instead on the social factors that measure the standard of living. That has placed Sweden on top of the world as the best country.
Sweden would start giving economic aid to Mali
Thursday, 11 April 2013Sweden will begin paying out bilateral aid to the Malian government again. The assistance, which was frozen after the military coup in March last year, is worth Skr250 million per year.
Swedish government wants to reduce the cost of investment in order to boost flagging business activities
Thursday, 11 April 2013Swedish government feels that it could reduce the cost of investment so that investors who buy into small companies should have the right to deduct half the cost, according to a government proposal presented in a bill.
Swedish "Bank customers are treated like cattle," an official accused
Thursday, 11 April 2013Swedish mortgage customer have been described as having some of the worse experiences such that their situation fit the way farmer sell cattle.
More Swedes - Seven out of ten workers prepared to work longer
Thursday, 11 April 2013At least seven out of ten older workers in the management sectors who are member of the worker union, Unionen is prepared to work longer today, but then working hours have become more flexible.
Not everyone cares for the Nordic "know-it-all" attitude, a US think tank said
Thursday, 11 April 2013
A US think tank has found that not everyone cares for Nordic self-righteousness. The finding emerged in a report on why Finland lost out in its campaign to gain a revolving seat on the United Nations Security Council, report Finnish broadcaster, Yle
Millions of Japanese cars recalled also in Sweden
Thursday, 11 April 2013Four Japanese automakers - Toyota, Nissan, Mazda and Honda - recall around three million cars worldwide, after the discovery of problems in passenger side airbags.
Sweden continues to be weary about the "provocative behaviour" of North Korea
Wednesday, 10 April 2013Sweden is worried about the provocative behaviours of North Korea especially when it emerged today, the deadline for war to start and that it will likely test fire a missile.
Train Crash in Sweden one dead
Wednesday, 10 April 2013One person has died, when a dozen people were injured and several taken to hospital by ambulance after a passenger train collided with a truck northwest of Nässjö in Småland.
Which are the most deplorable places in Sweden to live in? Sweden's
Wednesday, 10 April 2013Generally Sweden is a great place to live which everything looking from good to excellent when compared to other countries. But within Sweden there are some municipalities that are tough places to live in.
Handelsbanken batthing its workers with money as Oktogonen gets even richer
Wednesday, 10 April 2013Handelsbanken's strong stock market performance and rising dividends has significantly inflated the value of the employees' profit sharing scheme known as Oktagonen. This has meant that its workers are said to be awash with money.
Pork in halal sausages but not labelled
Wednesday, 10 April 2013The Swedish food authority continues to discover wonders. A salami from Slovenia, labelled "Halal" but which in reality contains about ten percent pork. The fun side is that it is not listed on the ingredients list. The Swedish food authority discovered the pig DNA in beef products when it was tested.
Swedish retirement age to increase to 68 as people are expected to work longer
Tuesday, 09 April 2013The Swedish working scenarios is being designed such that people will be required to keep on working up until 68 years old.
Sweden's biggest real estate website to start receiving payments for its services
Tuesday, 09 April 2013Swedish biggest real estate website Hemnet is changing its approach in its business and would want any real estate dealer to pay Skr600 in order to advertise on the site.
Critics of the British Iron Lady, Margaret Thatcher celebrate and talk openly about their disdain of the form PM
Tuesday, 09 April 2013Just a few hours after the British Iron lady, strongly admired and remembered around the world died, admirers worldwide are mourning but her enemies and critics are having a field day blasting her legacy up and down the country. Read more from Reuters
At least 70 Swedes exposed as among those banking in tax havens
Monday, 08 April 2013At least 70 Swedes are among those exposed in the leaked material brought to light recently in relations to secret banks accounts in tax havens.
How a graphic mistake put the Swedish television news program on global prime time news
Monday, 08 April 2013A graph accident on Swedish television morning round table news became world news when North Korea dictator, Kim Jong Un got an invite to the Swedish news round table.
Greedy SJ-boss forced to resign after revelation of the extent of his greediness
Monday, 08 April 2013The boss of the Swedish rail monopoly, SJ, Jan Sundling, (pictured) has been forced to resign after his greedy attitude was exposed recently by Swedish television's investigative program.
Persistent increases in rents in Stockholm partly driven by a new law
Monday, 08 April 2013The market for renting a second hand homes has changed a lot after the new law on leasing, especially in Stockholm. Apartments in the capital have become more and more expensive to rent.
How a ship carrying Uranium for A-bomb passed through Sweden without any one knowing.
Sunday, 07 April 2013Something that left anarchist, green peace and all the anti nuclear activists cursing, last Monday afternoon, March 25, a ship carrying nuclear material and 68 kg of enriched uranium ripe to making for two nuclear bombs sneaked passed through the Swedish port of Helsingborg without any one knowing.
Sweden received more asylum seekers in the first quarter of 2013 though far below forecast.
Sunday, 07 April 2013Sweden received more that expected amount of asylum seekers in the first quarter of this year with Syrians making the largest amount. However, it still falls below forecast but the immigration system is not worried about any influx.
Swedish jobs market discriminatory practices largely driven by the employment services discriminatory practices.
Sunday, 07 April 2013Sweden is very quick to criticise other countries that discriminate against their minorities. Here especially in the job market, discrimination is very rife and today the Eastern Europeans are the one facing what the African have grown accustomed to - discrimination.
As North Korea told embassies that they would not be protected, Sweden is concerned
Saturday, 06 April 2013On Friday, North Korea's Foreign Ministry called the foreign embassies, including the Swedish, to a meeting on the situation in North Korea. In it, North Korea announced that it couldn't guarantee the security of the Western embassies after 10 April.
Swedish business sector has never had such a dark quarter
Friday, 05 April 2013Sweden has never had so many business bankruptcies in the first quarter like this year. Not since 2009 as the spat of bankruptcies explosion in the country's corporate sector is worrying to both observers and market analysts.
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483 Danish companies into bankruptcy in March
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Scores of Finnish companies have tax-haven Panama roots
The Swedish government criticises the opposition's lowest unemployment calls. "How can they achieve that," Borg ponders.
Thursday, 04 April 2013The Swedish government via its finance minister, Anders Borg has criticised the opposition, Social Democrats for making a very bold and "unrealistic" statement that they have an approach to make Sweden have the lowest unemployment in Europe.
Wao! - Top EU innovative countries - Sweden on top, Britain falling over
Thursday, 04 April 2013Sweden, Germany, Denmark, Finland in that order where classed as the EU's most innovative economies according to the Innovation Union Scoreboard 2013.
Emergence of new hazardous substances in consumer products such as toothpaste
Thursday, 04 April 2013A new alarmed has been made for a list of products testes recently, which show, contain dangerous substances that could harmful to the human metabolism.
The scale of Offshore account holders to be released soon in a grand journalistic exposure
Thursday, 04 April 2013The secrets f tax haven revealed in which is review of a shady operation that has branches all over the world came to light in a global collaborative project with investigative journalists.
The Social Democrat party wants to make Sweden a country with the lowest unemployment in Europe - how?
Wednesday, 03 April 2013The Swedish opposition party, the Social Democrats are poised to make Sweden a country with the lowest level of unemployment in Europe. Enjoying a growing support from the voting public, the party seem to have secured an understanding of what the Swedish voters really want now - Jobs.
How the unemployment sector in sweden became a gold mine for big recruiting businesses
Wednesday, 03 April 2013As the economic situation in Sweden has led to many people becoming unemployed, as well as the youth, it was expected that getting people back to work was government priority. Rightly so, the private sector was conscripted hoping for efficiency and results. But it turned out that the high unemployment in Sweden is a gold mine for private recruiting companies fleecing out of the tax payers.
Swedish football star, Zlatan Ibrahimovic caught in the French tax squabble and forced to pay 75 percent in taxes
Wednesday, 03 April 2013For those with revenue over Skr9 million or a Million euro such as Swedish football star, Zlatan Ibrahimovic and other super-rich footballers in the French league will not escape the French high tax rules.
Swedish PMI jumped in March 52.1 as increasing orders driving growth in manufacturing
Tuesday, 02 April 2013The Swedish purchasing managers' index for the industrial sector rose to 52.1 in March from 50.9 the month before. Corresponding month last year, the purchasing managers' index was 50.2.
Far right party, Sweden Democrats is attractive to Swedish Entrepreneurs
Tuesday, 02 April 2013The Swedish radical far right political party, the Sweden Democrats is gaining astronomical support from Swedish entrepreneurs, more that other parties such as Centre Party and the Green Party, a new opinion poll show.
Continued fall in Swedish car sales and new car registration but the future might look bright
Tuesday, 02 April 2013The Swedish car market continues to crumple under intense economic climate as car sales and new car registration keeps sliding. But with the economy rebounding, the future looks bright.
Social Democrats continues to edge ahead in opinion polls in Sweden
Monday, 01 April 2013Swedish Social Democrats party continues to move forward in voters support according to news opinion poll release on Easter Monday.
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Swedish Social Democrat crave more ethnic diversity in the party as it continues to renew and rejuvenate itself
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Who is winning the Swedish political fight on the best policy on job creation?
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Irrespective of anything, Swedish premier, Fredrik Reinfeldt continues to remain popular among voters
Sweden ponders what to do with North Korean refugees in Sweden as the North and South Koreas talk war
Monday, 01 April 2013Sweden has thought of repatriating some North Korea refugees back to South Korea although the two countries are currently taking war. But that situation can change if an all out war break out.
Sweden to crush economic aid to some Latin America countries
Sunday, 31 March 2013Swedish economic assistance or economic aid to some countries in Latin America are to be crushed and stopped, in a proposal from Gunilla Carlsson, head of the Swedish International Development Cooperation (SIDA).
Climate change bringing changes in the way of life of the Greenlanders
Sunday, 31 March 2013
Greenland is changing driven by climate change. as the ice there melts due to growing rise in temperature, it exposes something there that had not been expected before - lots of minerals, cultivable land and lost of access, according to this reports from the Independent Newspaper.
Ikea founder dubbed frugal billionaire because he lives in modest house, eats at his store's cafe and shops at local market
Friday, 29 March 2013The founder of Ikea who is a billionaire has bee catalogued by various British media networks as a frugal billionaire because he lives a very modest life. Contrary to way wealthy people in British live - arrogant, reserve, high walled buildings and in segregatory manner, British tabloid papers are surprise that a Swedish billion lives this so simple like an ordinary person. Read on here from the Daily Mail and from The Daily Express
How Finland is stepping to assist the unemployment exploiting in Finland
Thursday, 28 March 2013Finland has skill shortages in some sectors of its economy. As it looks around to resolve these problems, the explosive unemployment in Spain is looking as a fertile ground to fish for workers. Spain and Portugal appears to have the skills they need.
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