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Two men have been arrested of trying to illegally smuggle the paws
Wednesday, 19 June 2013
Officials in China have confiscated more than 200 bear paws discovered
in the wheels of a van on the Russian border.
Two men have been arrested of trying to illegally smuggle the paws, which are considered a delicacy in some parts of China, into the country from Russia. Chinese media estimate the paws are worth 2.8 million yuan.
Kongsberg Automotive (KA) wins 3 new key contracts in China worth €116
Monday, 01 July 2013
Norway based automotive supplier, Kongsberg Automotive (KA) announced
that it has secured 3 new contracts with a combined value of
€116million over 5 years from various markets.
Only two Swedish companies have signed the agreement on safety in Bangladesh tailoring factory
Saturday, 29 June 2013
So far, 66 international clothing companies have signed the agreement
that will improve building and fire safety, as well as strengthening
workers' rights for textile workers in Bangladesh. But only two Swedish
companies have signed.
The Growing power of Spotify as Mayor Bloomberg Helped it Announce Its Big Hiring Spree in New York
Friday, 28 June 2013
Music streaming service Spotify along with New York City Mayor Michael
Bloomberg announced an expansion of the company's staff and a new
office today. Read more from Business Insider
Alfa Laval wins marine environmental order, worth SEK 170 million
Friday, 28 June 2013
Alfa Laval announces that it has won an order to supply Alfa Laval
PureSOx exhaust gas cleaning systems for retrofit installation onboard
vessels.
More Swedish companies are protecting their brands now than before
Thursday, 27 June 2013
More Swedish companies are applying for design and trademark
protection.
Moody's lowers rating on Swedish bank
Thursday, 27 June 2013
Moody's lowers the long and short term rating of Swedish
Länsförsäkringar Bank to A3/P-2 from previous A2/P-1, with outlook
stable.
SAS ordering jumbo jets worth Dkr18 billion for renewal of long haul fleet
Tuesday, 25 June 2013
Up to 18 new Airbus aircraft are reported to be on the way, ordered by Scandinavian airliner, SAS after signing a huge lease.
Ericsson gained contract to build and expand mobile network in Azerbaijan
Tuesday, 25 June 2013
Ericsson has received an order for a "major" network expansion from Azercell in Azerbaijan. The agreement covers 2G and 3G.
Recent speculation to create a Nordic air giant if Finnair and SAS merge
Monday, 24 June 2013
Finnair feels that there are potentials if it merges with SAS, according to Finnair CEO Pekka Vauramo.
Danish fashion firms sign more binding agreement with Bangladesh, two months after factory collapsed
Monday, 24 June 2013
Two months after a clothing factory in Bangladesh collapsed, killing 1,100 workers, Danish fashion companies are only now ready to commit themselves to signing the agreements which aimed at improving conditions for workers and guaranteeing their safety.
Danish wind Power Company, Vestas sells wind farms in Eastern Europe
Friday, 21 June 2013
Danish wind turbine manufacturer, Vestas sells wind farms in Romania
and Bulgaria.
Volvocar's
CFO quietly resigns
Thursday, 20 June 2013
Swedish Chinese owned automaker, Volvo Cars corporation said on
Thursday that its chief financial officer, Jan Gurander is stepping
down and will be replaced by his current deputy, Hans Oscarsson.
Associated Press buys into Swedish mobile video company, Bambuser
Thursday, 20 June 2013
The Associated Press buys into Swedish mobile video company Bambuser.
Nordea to sell card Payment Company
Thursday, 20 June 2013
Nordea believed, along with the other major shareholders to sell
payment solutions company, Nets. The deal is expected to be worth
between Skr9 and Skr11.5 billion.
Lower than expected profits from H&M
Wednesday, 19 June 2013
Clothing giant Hennes & Mauritz reported a profit before tax of
Skr6.125 million for the period from March to May, the second quarter
of its fiscal year. The corresponding period in 2012, earnings Skr7,053
million.
Forest company, Stora Enso eliminate 2,500 employees
Tuesday, 18 June 2013
The energy sector more important for the Swedish economy than thought
Tuesday, 18 June 2013
The energy industry is more important for the Swedish economy than
previously thought as it is expected that more people should be trained
for the industry to maintain the skills that will drive it forward in
the future.
Carnegie strengthens its investment banking team in Norway through the acquisition of NRP Securities
Monday, 17 June 2013
Sweden based leading Nordic integrated investment bank Carnegie,
announces that it has signed an agreement whereby Carnegie will acquire
NRP Securities, a part of the Norwegian Group Ness, Risan &
Partners.
Volvo Group launches noiseless electric buses in Gothenburg, Sweden, as its May Deliveries fell 9 percent
Monday, 17 June 2013
Swedish truck maker Volvo AB said Monday that it plans to launch a
buses system that glide noiselessly without emissions, pick up
passengers indoors and which are powered by a renewable source of
electricity. It comes as the company says its May delivery was down 9
percent.
Altor and Bain Capital submit offer to Cermaq ASA for EWOS
Monday, 17 June 2013
Altor Fund III GP Limited (“Altor”) and Bain Capital Europe, LLP
(collectively, “Bain Capital”), have submitted an offer to Cermaq ASA
for EWOS, valuing the business at NOK 6.2 billion (Enterprise Value),
with the intent to sign definitive agreements by mid-July.
Johan Dennelind appointed New President and CEO of TeliaSonera
Sunday, 16 June 2013
Swedish - Finnish telecoms company, TeliaSonera has had an appointment
of a new CEO to replace Lars Nyberg, who resigned in February. He is
Johan Dennelind.
British Airways makes order for 10 787 Dreamliner planes
Sunday, 16 June 2013
British Airways is reported to have made an order of 10 787 Dreamliner
planes, confirmed news reports from the UK according to Reuters news
agency. The deal is a worth about $2.5 billion (1.5 billion pounds)
...more from Reuters.
Norwegian registers its Dreamliner in Ireland not Norway - Why?
Saturday, 15 June 2013
Airliner, Norwegian has registered its new Dreamliner aircraft in
Ireland instead of Norway as the company escapes Norwegian labour laws.
Sweden enjoying a 25 percent increase in exports to emerging economies
Friday, 28 June 2013
Sweden seems to have successfully deviated its focus from the toxic EU
market to new and merging ones in the developing countries.
Swedish house price rise killing affordability as Swedban's Boindex fell for the first quarter
Friday, 28 June 2013
The Swedish house buying outlook measured by the Swedbank's Boindex
amounted to 135.0 for the first quarter of this year. This means it
fell from 135.5 in the fourth quarter of last year
Sweden waiting to have a social democrat government after the next elections
Friday, 28 June 2013
Eight out of ten voters who sympathize with the Swedish Red-Green
parties are beginning to feel comfortable that a social democratic
government will be in place after the election in 2014.
Img: Leader of the Social Democrats and Prime Minister in waiting, Stefan Löfven
Norway decries how immigrants stray in the country and take the jobs from the Norwegians
Thursday, 27 June 2013
Norwegian labour organisation LO is concerned that immigrants are
taking jobs away from the Norwegians.
Swedish companies start seeing Africa as a viable possible place to invest
Thursday, 27 June 2013
Swedish large cap companies have started shifting into Africa, a change
of stance from a country where most business executives here thought
that the Dark Continent was not fit for business purpose.
Where can one get a job in Sweden, which skills are in demand?
Thursday, 27 June 2013
Jobs are pretty scare in Sweden today but that depends on which
training one had gained. Which are skills that are in high demand thus?
Sweden joined EU finance ministers reach draft agreement on bank bailouts
Thursday, 27 June 2013
Finance ministers from the European Union (EU) have agreed an outline
plan on how to rescue troubled banks - without leaving taxpayers to
face the bill. From the Swedish side of the agreement table, the
Swedish Finance Minister, acknowledged that it was a "compromise Sweden
can live with" but was not fully satisfied.
OOps! the UK did not get into double deep recession
Thursday, 27 June 2013
The UK economy did not experience a double-dip recession at the end of
2011 and the first half of 2012, the British Office for National
Statistics (ONS) has confirmed. See BBC for details
Swedish arm forces would like to practice with NATO Force though not yet fully joining NATO
Wednesday, 26 June 2013
Sweden praised by NATO as "a reliable partner" for its participation in
NATO's military operations. Now the Swedish defence wants to practice
with NATO's rapid reaction force and also to participate in future
efforts though not being a full member yet.
Ingvar Kamprad moves back to Sweden after years of economic exile to Switzerland
Wednesday, 26 June 2013
The founder of Ikea, Ingvar Kamprad, now wants to get closer to my
family and friends and thus decides to move back to Sweden after 40
years of self imposed economic exile abroad.
The British hawkish Conservative Chancellor of the Exchequer persist on austerity cuts rather stimulus as the economy continues with uncertainty
Wednesday, 26 June 2013
Millions of public sector workers in the UK face losing automatic
annual pay increases as part of an £11.5billion cuts package unveiled
by Chancellor George Osborne as he presets the country's spending
review on Wednesday. Details from the BBC.
The new pollution map will influence house prices in Denmark.
Wednesday, 26 June 2013
A new map showing areas of high and low pollution to be released soon
is already determined to affect house prices in Denmark. Property
experts predict that homes close to much air-polluted areas as the map
will reveal will see its price fall.
Warning of life-threatening disease in smokes whitefish stock in Linköping, Sweden
Wednesday, 26 June 2013
A case of life-threatening disease, botulism has been linked to hot
smoked vacuum packed whitefish from Bexanders smokehouse in Linköping
Sweden. Fish product, produced in Stockholm and Nacka, has been sold in
Linköping.
The Swedish government wants to privatise its Universities and some people are not happy.
Wednesday, 26 June 2013
The Swedish government's proposal to make the country's state
universities and colleges to become private foundations, is worrying to
the both the country's unions and student unions.
Norwegian youth plans first summer retreat after the Utøya massacre
Wednesday, 26 June 2013
This year, the youths of Labour Party in Norway will be returning to
their summer camp for the first time since the terrorists attack and
mass massacre took place two years ago.
Putin arrives in Finland on working visit and it emerged that Russia can't turn over Snowden
Tuesday, 25 June 2013
Russian President. Vladimir Putin’s plane landed in Turku, Finland on
Tuesday two hours later than originally scheduled as he came for a
working visit to Finland. That visit though became overshadowed by news
about Snowden, the American wanted for allegedly leaking state secrete
to the Russia and China.
Swedish Far-right groups getting increasingly active
Tuesday, 25 June 2013
Swedish Far-right and xenophobic groups have become increasingly active
as racist and xenophobic tendencies and activities are increasingly
being registered around the country.
Swedish
companies lack cultural infusion compared to those from other Europeans
countries. Likely, it does not affect their business so who cares?
Tuesday, 25 June 2013
The Swedish government has been working hard for some years past to
instil some form for a blend of the Swedish culture into the way it big
companies present themselves out there. Such efforts have been
accounted to have failed.
Denmark counts deaths caused by environmental decay associated with increase pollution
Monday, 24 June 2013
Though Denmark is one of the most environmentally conscious countries
in the world, it believes that car exhaust emission and emissions from
wood stoves kill 67 people in Copenhagen a year
Sweden imposes Television tax to affect computer, decisions on smart phones and tables awaited
Monday, 24 June 2013
Watching television or films on personal computers in Sweden has now
attracted the Swedish government to stretch the television tax to PCs
blaming it on technological evolution. However, it remains unclear as
to whether it also applies to mobile phones and tablets.
Increased breast cancer cases in Sweden
Monday, 24 June 2013
There has been a surprise in crease in breast cancer cases in Sweden in
recent years - up by 20 percent in five years.
Sweden under pressure from the EU to clean its economic mess or face troubles in the furture
Sunday, 23 June 2013
From outside, Sweden may look as if its house is really in order. No!
it isn't and the country is currently running what many have been
describing as a time bomb that if remain unresolved or if no
proper
policy approaches are designed to resolve them, there would be serious
consequences. As such, the EU is asking Sweden to seat up cleans this
ASAP.
Travelling around Sweden this summer, be aware of road pirates: the police warns
Sunday, 23 June 2013
New
to Sweden from the Eastern Europeans flocking in to Sweden is the
growth of road pirates. These are people who stand by the roadside,
appealing for help and end up robbing you dry if they helped.
The Danish government loosens up the visa regulations to attract business travel
Sunday, 23 June 2013
Denmark misses out on investment and jobs when business travellers from
foreign companies must wait many days on their visa application. As
such there should be a rectification of the visa regime for it to be
made more flexible.
Danish driver, Simonsen killed in high-speed crash at Le Mans 24-hour race- CNN
Saturday, 22 June 2013
Danish driver Allan Simonsen died in a high-speed crash at the famous
Le Mans 24 Hour endurance race, organizers said Saturday reports CNN.
Worries in the Danish financial community as the Danish FSA has failed to check 21 banks for over three years
Friday, 21 June 2013
Analysts and financial officials in Denmark are worried that a serious
bank crisis may be looming in the horizon, because 21 banks have not
been visited by the Danish Financial Supervision Authority,
Finanstilsynet, (FSA) for three years.
Denmark could send troops to Mali and Golan Heights in the UN request
Friday, 21 June 2013
The Danes and the UN will have to wait a little longer for an answer
about what Denmark will contribute to the UN mission to the Galan
Height. But some movement are on the way for Denmark to contribute
forces to Mali.
Latvian fire fighters have successfully put off the fire tat was burning in the presidential palace in Riga, Latvia on Friday morning.
Friday, 21 June 2013
Reports hold that the fire has now been put under control.
Rwanda militia killer sentenced to life for genocide committed in 1994
Thursday, 20 June 2013
Sweden has successfully found Stanislas Mbanenande, 54, guilty of
perpetrating, directing, and committing the mass killing of people in
the African country of Rwanda in 1994. The Swedish court
has
therefore sentenced him for life in prison.
Pirate Bay founder, Gottfrid Svartholm Warg sentenced to two years in prison
Thursday, 20 June 2013
Troubled child and founder of the content sharing site, Pirate Bay,
Gottfrid Svartholm Warg has been convicted of computer hacking,
aggravated fraud and attempted aggravated fraud. He has thus been
sentenced to two years imprisonment.
British bank in capital shortfall - called to prop up their capital base ASAP
Thursday, 20 June 2013
Five
British banking groups had at the start of the year a total capital
shortfall of 27.1 billion pounds. Prudential Regulation
Authority(PRA), the part of the British central bank that monitor
banks says extra capital is needed at RBS, Lloyds, Barclays, Co-op and
Nationwide. Read more from
Guardian
Denmark getting more worried about persistently finding drugs bananas
Thursday, 20 June 2013
In three weeks, some 185 kilos of cocaine have been found among bananas
on the way out to Coop stores in Denmark. This makes drugs found in
bananas in Denmark a new questionable phenomenon. The police is now
looking investigation this phenomenon.
14 percent increase in Swedish people declared millionaires as the world added 1 million millionaires
Wednesday, 19 June 2013
The number of millionaires in Sweden grew by 14 percent to 69,000
individuals. These are people who have seen their wealth grow last year
- both in Sweden and abroad.
-
Swedish unemployment falls lower than expected
-
Swedish Government Affirms Commitment to Further Nordea Sales External Source . Dow Jones News via ADVFN
IMF branches into higher education - BBC reports
Wednesday, 19 June 2013
The International Monetary Fund (IMF) is set to join an
online university network and will run finance courses which will be
available
free to students around the world, the BBC reports.
Snowden has inquired about political asylum in Iceland- reports
Wednesday, 19 June 2013
Edward Snowden (pictured below), the man who recently exposed that the
Obama administration in the USA as wantonly reading and listening to
people's messages is reported to have knocked on the door of Iceland to
enquire the possibility of seeking political asylum there.
Assange vows to stay in Ecuadorian embassy even if Swedish sex claims are dropped
Wednesday, 19 June 2013
Wikileaks website founder Julian Assange has vowed to remain in the
Ecuadorian embassy in London even if accusations of sex crimes are
dropped. His main fear had been that he would be Sweden would extradite
him to the USA to face charges in related to the wiki leaks.
Swedish government sells more Nordea shares after impressive initial demand
Wednesday, 19 June 2013
The Swedish government has put additional Nordea shares for sale this
morning, after the first put for sale last night saw record quick sell
out with interest to buy more. Sold share has already generated Skr
19.5 billion.
-
Swedish government sells more of its shares in Nordea
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Sweden Raises SEK19.5 Billion From Nordea Stake Sale. External sources: Dow Jones News via ADVFN
-
Swedish Consumer Confidence Rises on Brighter Outlook for Economy - external source: dow Jones News via ADVFN
Sweden increase internet security as Assange anniversary gets closer
Tuesday, 18 June 2013
Swedish cyber defence authorities are preparing against cyber attacks
as the anniversary of the master leaker, Julian Assange, the founder of
Wikileaks gets closer.
British cost of living persisted and strengthened in
May more than expected
Tuesday, 18 June 2013
British inflation rebounded more than expected in May, news data on
Tuesday show. One reason has been attributed to rising air fares and in
contrast to April's seven-month low. More from Reuters
Sweden welcomes moved by EU to help it export its unemployed youths to other EU countries.
Monday, 17 June 2013
Now Sweden is counting on the new EU rule to help assist it cut its
skyrocketing youth unemployment as the new policy from the EU that will
ease increased mobility of unemployed youths could see more Swedish
unemployed youths being forced abroad in order to reduce ballooning
unemployment at home.
Swedish security police, SAPO cannot stop Swedes going to fight in Syria
Monday, 17 June 2013
Adrenalin filled idle
Swedes with background from Muslim countries and
the Middle East are pouring into Syria to fight on the side of the
rebels. Even though Swedish security authorities fear that they'll be
radicalised and could cause mayhem when they return home, they cannot
do anything to stop them from going. 5 have been killed so far and
counting.
Jobs
market: Expected shortage of surgeons in the nearest future as about 60
percent are over 55 years old
Monday, 17 June 2013
More than half of Swedish surgeons will soon be retiring and the
shortage is expected to be large. This same problem is being faced by
many countries as well as healthcare planner meet in Gothenburg, Sweden
to discuss.
The state of the Swedish political parties this week - how are the parties faring with voters? Christian Democrats gained some grounds
Sunday, 16 June 2013
Difference between the various Swedish political blocks has
reduced as
the governing Alliance lost support among women, a new opinion poll
show.
Ecuadorean Foriegn minister Ricardo Patino arrives in Britain to discuss future of Julian Assange, as the WikiLeaks founder who fears to go to Sweden
Sunday, 16 June 2013
Ecuador's foreign minister Ricardo Patino visits WikiLeaks founder
Julian Assange holed up in the Ecuadorian embassy. Julian Assange
refuses to go to Sweden to be questioned about sex allegations. Read more from LBC
Danger highlighted in female boxing as Swedish boxing featherweight champion, Frida Wallberg knocked down cold in title defence fight.
Saturday, 15 June 2013
Swedish female boxing featherweight powerhouse, Frida Wallberg lost her
title defence game of the Featherweight WBC belt to the Australian,
Diana Prazak in a dramatic fashion that caused panic in the fight
auditorium.
A type of drug that transform a human to animal becoming very popular in Sweden
Friday, 14 June 2013
A type of drug that transforms a human being from human to an animal,
otherwise known as "deadly cannibal drug" or "zombie drug" has almost
made Sweden its home.
Risky areas in the Swedish housing market - Gothenburg for various reasons...
Friday, 14 June 2013
Despite Swedish house prices, expanding at astronomical levels
with
reports of the prices here being over valued, there is increased talks
of aspects of risk in some sectors of the market.
Pay gap between Women and men mangers in Swedish state own organisations show a massive gender-pay bias
Friday, 14 June 2013
Swedish top female managers working for the state owned corporations
struggle to earn maximum incomes when compared with their male
counterparts.
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