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Defence and security company, Saab has received the first order for its HUD-system following flight evaluations by the US Army Aviation end customer with the system installed on a Blackhawk helicopter.
Finnish utility company, Fortum Oyj said on Wednesday it will sell small-scale hydropower assets in Sweden for an undisclosed figure.
(Reuters) - Loss-making Scandinavian airline SAS said it will slash costs and sell assets to secure its future following media reports it was in financial difficulties.
Despite growing allegations of corruption carried out by the Swedish / Finnish state owned telecom giant, TeliaSonera, the company is not blacklisted by either banks or mutual fund companies.
Volvo Car Corp., Belgian operation based in Gent seems to be another problem in hat of the company as report holds that production there is on its way to reduction driven by declining demand.
Swedish - Swiss industrial group, ABB reports improved performance described by the company as solid performance in an uncertain market. It reported operating income of $ 1.146 million, against $1.194 million for the third quarter.
IKEA's already a massive furniture giant, but it's not slowing down anytime soon.
It has some really big plans for growth, reports Anna Molin at the Wall Street Journal.
Here's how large IKEA plans to be by 2020, according to the WSJ, reports business insider - continue here
Consumer electronics chain, Media Markt is laying off staff at its headquarters in Stocksund, Sweden. The office operates 170 people and the employees were informed on Tuesday.
Volvo Corporation submitted a grim report on Wednesday, which meant the company's shares had to plummet in the stock market in early trading.
Evidence that the Danish Financial sector is not yet healing has been evident in recent reports from the leading bank in the Nordic region, Nordea.
Nokia Corp. reports on Tuesday that wants to benefit from the current favourable lending conditions and to carry out bond offering to raise €750 million.
Nordic paper maker Stora Enso Oyj Tuesday said it plans to cut 520 jobs in an effort to reduce annual costs by EUR36 million, as it reported a higher-than-expected third-quarter operating profit and said it hopes to keep underlying profit on the same level in the last quarter of 2012. Detail from Market Watch
Norwegian aluminium producer, Norsk Hydro, said in its Tuesday reports how lower prices weighed heavily on its third-quarter earnings, as it posted a wider-than-expected net loss.
Swedish Swedbank, reported a better than expected quarter that was above expectation. Profit after tax amounted to Skr 3.511 million, 11 percent higher than the previous quarter, and 6 percent above the average forecast.
Things have not gone well for bus and truck manufacturer, Scania, which has operations in Södertälje, in Sweden has reported fall in earning but promise a better future outlook.
Volvo Car Corporation has appointed a new CEO after Stefan Jacoby, who is currently sick, suffering from a stroke since September.
Swedish / Finnish Telecom operator TeliaSonera is planning to save Skr2 billion in the next two years. This means that 2,000 positions will be eliminated, according to the company's interim report.
New car registrations in Europe fell by 10.8 percent in September, compared with the same month in the 2011, according to figures from industry association ACEA.
Oslo Stock Exchange has agreed to take over 100 percent of the shares in Swedish exchange, Burgundy.
Volvo Cars factory in Torslanda will be closed for a week blamed on the collapse in car sales. Fall in sales forces the Swedish auto maker to cut working days so as to slow production and reduce cost.
Sales for clothing giant, Hennes & Mauritz (H&M) rose 15 percent in September compared with the same month last year.
Swedish steel giant, SSAB has issued notice for dismissal of 450 employees in it region of operation in Borlänge, Oxelösund and Lulea.
The high-level austerity measures being adopted vehemently across various European countries are leading to nowhere as analysts see it costing more than healing the economies.
The Norwegians and the Danes have been the leading players in influencing the Swedish house market. The Danes, due to their own economic conditions at home, which has led to fall in the prices of Danish houses, have withdrawn from the Swedish property market.
Nordic Co-operation: Swedish unemployed are being out sourced to Norway where unemployment in falling and there in increased demand for labour. This particularly is moving to affect the youths who are the most affected by job market inflexibility.
The Scandinavian countries have shown the way once more via the Legatum Institute’s annual prosperity index which shows Norway, Denmark and Sweden declared the most prosperous in the index, published in London on Tuesday.
The booming border trade between Denmark and Germany has emerged as a hot political issue in Denmark. Danes have been flocking to shops in Southern German border to buy their essentials there fore they are cheaper than in Denmark.
How Sandy is drowning the American east coast
Tuesday, 30 October 2012
Monster storm Sandy, one of the worst to hit the U.S., is drowning much of the East Coast on Tuesday night Swedish time. Over three million households were without electricity and cars are floated in the water masses in Manhattan.
Olkiluoto is different from other idyllic islands off Finland’s west coast. Instead of summer cottages where Finns sunbathe and enjoy saunas under tall birch and pine trees, this is where the nation will store its most toxic nuclear waste for the next 100,000 years.
Many Swedish and European flights to New York areas are being cancelled as hurricane Sandy strengthened bringing along with it a "life-threatening storm surge", the U.S. National Hurricane Center said early Monday.
The sales volume in Swedish retail grew by 4.6 percent in September, compared with the same month in the 2011, official data from statistic Sweden, and the retail research institute (HUI) show.
As it emerged on Saturday that the Race for the American presidency has been reduced to being decided based on race of the actors not what their plans for the future of the country hold, we here on Scandinavian companies and market, though worried about the effects of racism, we praise the American people for being exemplary and far different from Europe.
Swedish far right party, Sweden Democrats are the third largest political force in Sweden today according to recent opinion poll. Party leader, Jimmie Åkesson, has seen in the past months a growing leap in confidence.
Sweden will stop all economic aid to Uganda as evidence emerge that money donated to the country for economic development goes into private pockets.
Danish Prime Minister, Helle Thorning-Schmidt (Social Democrats - pictured) will veto the next EU financial perspective if Denmark does not get the discount of Dkr1 billion a year which the country has demanded.
Britain hopped out of recession in the third quarter after posting its strongest quarterly GDP growth in five years, of 1 percent growth.
Growth rate for Swedish household loans declined in September. The annual growth rate was measured at 4.5 percent, a decrease compared to August when it stood at 4.6 percent, new data from Swedish statistic office, Statistics Sweden (SCB) show.
A new jobs crisis package is on the way in Denmark as the Danish economy persistently remains at a very low performance level, not creating jobs as before. Danish Prime Minister, Helle Thorning-Schmidt (pictured) will preside over the deal later on Wednesday.
A new Swedish government policy will make it possible for children who live in the country without residence permits to be allowed to attend school from 1 July 2013.
H&M is in the sad side of the news once more - the same case it has been accused on in the past - paying it factory worker as if they were slaves.
The Scandinavian airliner, SAS has a new austerity package to enforce, a strategy described by Scandinavian media sources as a strategy to make its employees to resign, a cheaper alternative that laying them off.
Swedish real estate analysts feel that Swedish house prices might fall in the coming months.
Swedish furniture maker, IKEA is reported to expect to potentials increase in revenue by as much as 85 percent and more than double the amount of people expected to walk through the furniture maker's doors on an annual basis. Details here
Finnish unemployment reverses its falling trend and continues to rise. Last figures from the country's labour survey show that some 187,000 people were without jobs in September.
Finnish Prime Minister, Jyrki Katainen, was on Monday, attacked by a man with a knife, as he was receiving people in a political events in the city of Turku.
The Swedish housing shortage is acute in the Stockholm area but sales of real estate products are almost at a stand still. There are people seeking housing in the Swedish capital and around the major cities of the country but there are houses that cannot be rented out and also cannot be sold.
"The motivation to work is weak among men from Africa." This is the view of Kai Haavisto, who is a politician of the Finnish far right party, True Finns as the party steps up to live to its racist over tone. It cmes at a time when Finland has seen a rise and expansion of far right organisations such as Finish defence league to join the True Finns.
Light Jogging prolong live than
heavy exercises - revisited
Monday, 22
October 2012
Regular gentle jogging will improve and prolong a healthy living than heavy exercises, challenging past theories that rigorous physical workups are good for long and healthy living.
The Board of Directors of the Volvo Car Group has appointed Hakan Samuelsson on Friday to be the new CEO of Volvo Cars.
The British unemployment continues to fall as the number of people out of work fell by 50,000 to 2.53 million in the three months to August, the country's Office for National Statistics (ONS) said.
Norway, which chose to remain outside the European Union and the euro currency, enjoys an enviably stable economy and a booming housing market — but it could be going down the perilous route taken by Spain and Ireland, according to economists and recent analysis.
A fraud investigation request put forward by Swedish Tobacco Company, Swedish Match, forces John Dalli, EU Commissioner for Health and Consumer Affairs to resigns as it turns out fraud was part of the problem.
The leader of the Swedish Social Democrats party, the biggest party in the country right now has been called to step up and show more what he is capable of. Stefan Löfven's honeymoon is hopelessly out as voters expect more of him than just being peaceful and quiet.
Denmark is a beacon of a glaring example of how gender gap in public institutions and how women take responsibility of the community and their personal life is evolving. Today most of the leading political parties running the country's affairs is made up of women, something seen only in Norway where women are present in top corporate boardrooms.
The Swedish population is growing and it has now been statistically shown that the in six years, the Swedish population will reach 10 million people.
As the heat on the hard action on Iran is hitting the USA on the eve of its presidential election, Sweden has fallen on the Israeli critical radar for its calls for the relaxation of sanction in Iran.
The Swedish Central banks and the Nobel committee has awarded the 2012 Nobel Prize in Economics to Alvin E. Roth of Harvard University, USA, and Harvard Business School USA and Lloyd S. Shapley University of California, Los Angeles, CA, USA
Sweden democrats have lost 81
municipal seats despite grwing popularity
Monday, 15
October 2012
Despite their growing popularity, the far right party, Sweden Democrats finds it hard to fill municipal seats as 81 seats are lost in various municipalities where it clearly won the votes
The European Union has been awarded this year's Nobel Peace Prize, reports the Norwegian broadcaster, NRK which claims to have been informed from a credible source. The prize for the crisis hit Europe is for its intense desire to promote peace despite difference among members.
Sweden has lost 142,000 dollar millionaires and now has only 343 000 of them left, according to Dagens Industri noted the report Global Wealth Report from commercial bank Credit Suisse.
Croatia has formally offered to buy eight Swedish JAS 39 Gripen fighter jets, version C / D of the Defence Export Agency (FXM) report Swedish media sources an radio Sweden
Saab in First Order for Head-Up Display System
Wednesday, 31 October 2012Defence and security company, Saab has received the first order for its HUD-system following flight evaluations by the US Army Aviation end customer with the system installed on a Blackhawk helicopter.
Finnish utility company Fortum sells hydropower
Wednesday, 31 October 2012Finnish utility company, Fortum Oyj said on Wednesday it will sell small-scale hydropower assets in Sweden for an undisclosed figure.
Electrolux Announces Commitment to American Red Cross Disaster Fund for Storm Relief - contributes up to $200,000 to aid victims
Tuesday, 30 October 2012Airline SAS to slash costs to secure future
Tuesday, 30 October 2012(Reuters) - Loss-making Scandinavian airline SAS said it will slash costs and sell assets to secure its future following media reports it was in financial difficulties.
Despite recent scandals - TeliaSonera is not blacklisted
Friday, 26 October 2012Despite growing allegations of corruption carried out by the Swedish / Finnish state owned telecom giant, TeliaSonera, the company is not blacklisted by either banks or mutual fund companies.
Volvo's Belgian Gent production operations may cut 300 jobs as demand ground to a halt
Thursday, 25 October 2012Volvo Car Corp., Belgian operation based in Gent seems to be another problem in hat of the company as report holds that production there is on its way to reduction driven by declining demand.
ABB reports improved performance
Thursday, 25 October 2012Swedish - Swiss industrial group, ABB reports improved performance described by the company as solid performance in an uncertain market. It reported operating income of $ 1.146 million, against $1.194 million for the third quarter.
iKEA plans a massive ground game of growth in the USA by 2020
Wednesday, 24 October 2012IKEA's already a massive furniture giant, but it's not slowing down anytime soon.
It has some really big plans for growth, reports Anna Molin at the Wall Street Journal.
Here's how large IKEA plans to be by 2020, according to the WSJ, reports business insider - continue here
Consumer electronic dealer Media Markt starts laying off its office workers
Wednesday, 24 October 2012Consumer electronics chain, Media Markt is laying off staff at its headquarters in Stocksund, Sweden. The office operates 170 people and the employees were informed on Tuesday.
Volvo group reports a very Difficult third quarter
Wednesday, 24 October 2012Volvo Corporation submitted a grim report on Wednesday, which meant the company's shares had to plummet in the stock market in early trading.
Danish branch of Nordea is bleeding dragging down Nordea's earnings
Wednesday, 24 October 2012Evidence that the Danish Financial sector is not yet healing has been evident in recent reports from the leading bank in the Nordic region, Nordea.
Nokia to launch a bond offering to raise €750m
Tuesday, 23 October 2012Nokia Corp. reports on Tuesday that wants to benefit from the current favourable lending conditions and to carry out bond offering to raise €750 million.
Stora Enso beats 3Q view, cutting 520 jobs - Market Watch
Tuesday, 23 October 2012Nordic paper maker Stora Enso Oyj Tuesday said it plans to cut 520 jobs in an effort to reduce annual costs by EUR36 million, as it reported a higher-than-expected third-quarter operating profit and said it hopes to keep underlying profit on the same level in the last quarter of 2012. Detail from Market Watch
Sharp fall for Norsk Hydro
Tuesday, 23 October 2012Norwegian aluminium producer, Norsk Hydro, said in its Tuesday reports how lower prices weighed heavily on its third-quarter earnings, as it posted a wider-than-expected net loss.
Swedish giant bank, Swedbank, report better than expected performance
Tuesday, 23 October 2012Swedish Swedbank, reported a better than expected quarter that was above expectation. Profit after tax amounted to Skr 3.511 million, 11 percent higher than the previous quarter, and 6 percent above the average forecast.
Truck maker, Scania enters rough times but still feels that the future is bright
Monday, 22 October 2012Things have not gone well for bus and truck manufacturer, Scania, which has operations in Södertälje, in Sweden has reported fall in earning but promise a better future outlook.
Atlas Copco opens a customer center in Burkina Faso
Monday, 22 October 2012New CEO at Volvo Cars corp., appoints new CEO
Friday, 19 October 2012Volvo Car Corporation has appointed a new CEO after Stefan Jacoby, who is currently sick, suffering from a stroke since September.
Troubled Telia planning to knock off 2000 people
Wednesday, 17 October 2012Swedish / Finnish Telecom operator TeliaSonera is planning to save Skr2 billion in the next two years. This means that 2,000 positions will be eliminated, according to the company's interim report.
European passenger car sales fell 7.6 percent over nine months; -10.8 percent in September
Tuesday, 16 October 2012New car registrations in Europe fell by 10.8 percent in September, compared with the same month in the 2011, according to figures from industry association ACEA.
Oslo Stock Exchange buys the Swedish stock exchange
Tuesday, 16 October 2012Oslo Stock Exchange has agreed to take over 100 percent of the shares in Swedish exchange, Burgundy.
Fall in sales forces Volvo to close production site
Monday, 15 October 2012Volvo Cars factory in Torslanda will be closed for a week blamed on the collapse in car sales. Fall in sales forces the Swedish auto maker to cut working days so as to slow production and reduce cost.
H&M Sales development for September - better than expected
Monday, 15 October 2012Sales for clothing giant, Hennes & Mauritz (H&M) rose 15 percent in September compared with the same month last year.
Swedish steel giant, SSAB laying off 450 blamed of efficient savings
Thursday, 11 October 2012Swedish steel giant, SSAB has issued notice for dismissal of 450 employees in it region of operation in Borlänge, Oxelösund and Lulea.
Austerity measures are killing economic growth and worsening debt situation in Europe - Report
Wednesday, 31 October 2012The high-level austerity measures being adopted vehemently across various European countries are leading to nowhere as analysts see it costing more than healing the economies.
Another example of Nordic co-operation, How Norwegians and Danes are influencing the Swedish real estate market
Wednesday, 31 October 2012The Norwegians and the Danes have been the leading players in influencing the Swedish house market. The Danes, due to their own economic conditions at home, which has led to fall in the prices of Danish houses, have withdrawn from the Swedish property market.
Swedish Unemployed outsourced to Norway
Wednesday, 31 October 2012Nordic Co-operation: Swedish unemployed are being out sourced to Norway where unemployment in falling and there in increased demand for labour. This particularly is moving to affect the youths who are the most affected by job market inflexibility.
Scandinavian leads the prosperity table - Norway: number 1
Tuesday, 30 October 2012The Scandinavian countries have shown the way once more via the Legatum Institute’s annual prosperity index which shows Norway, Denmark and Sweden declared the most prosperous in the index, published in London on Tuesday.
Booming border trade on the Danish - Germans border, will cost jobs in Denmark
Tuesday, 30 October 2012The booming border trade between Denmark and Germany has emerged as a hot political issue in Denmark. Danes have been flocking to shops in Southern German border to buy their essentials there fore they are cheaper than in Denmark.
How Sandy is drowning the American east coast
Tuesday, 30 October 2012Monster storm Sandy, one of the worst to hit the U.S., is drowning much of the East Coast on Tuesday night Swedish time. Over three million households were without electricity and cars are floated in the water masses in Manhattan.
Finland Builds Nuclear Dump at Island as Obama, Merkel Lag : Bloomberg News
Tuesday, 30 October 2012Olkiluoto is different from other idyllic islands off Finland’s west coast. Instead of summer cottages where Finns sunbathe and enjoy saunas under tall birch and pine trees, this is where the nation will store its most toxic nuclear waste for the next 100,000 years.
Thousands of flights cancelled as Hurricane Sandy hits the USA
Monday, 29 October 2012Many Swedish and European flights to New York areas are being cancelled as hurricane Sandy strengthened bringing along with it a "life-threatening storm surge", the U.S. National Hurricane Center said early Monday.
Impressive boost for Swedish retail sales
Monday, 29 October 2012The sales volume in Swedish retail grew by 4.6 percent in September, compared with the same month in the 2011, official data from statistic Sweden, and the retail research institute (HUI) show.
Obama's re-election could be hampered by the issue of racial prejudice. But at least, they give a black man the chance. Could one find something similar in Europe? Never.
Sunday, 28 October 2012As it emerged on Saturday that the Race for the American presidency has been reduced to being decided based on race of the actors not what their plans for the future of the country hold, we here on Scandinavian companies and market, though worried about the effects of racism, we praise the American people for being exemplary and far different from Europe.
Support for far right politics in Sweden just continues to be strong
Friday, 26 October 2012Swedish far right party, Sweden Democrats are the third largest political force in Sweden today according to recent opinion poll. Party leader, Jimmie Åkesson, has seen in the past months a growing leap in confidence.
Sweden cancels economic aid to Uganda after fraud is uncovered
Thursday, 25 October 2012Sweden will stop all economic aid to Uganda as evidence emerge that money donated to the country for economic development goes into private pockets.
Denmark threatens to Veto EU budget proposal if the EU fails to grant it demanded rebate
Thursday, 25 October 2012Danish Prime Minister, Helle Thorning-Schmidt (Social Democrats - pictured) will veto the next EU financial perspective if Denmark does not get the discount of Dkr1 billion a year which the country has demanded.
Britain hops off double deep recession after three quarters of persistent decline
Thursday, 25 October 2012Britain hopped out of recession in the third quarter after posting its strongest quarterly GDP growth in five years, of 1 percent growth.
Fall in Swedish household borrowing as household loans fall in September
Thursday, 25 October 2012Growth rate for Swedish household loans declined in September. The annual growth rate was measured at 4.5 percent, a decrease compared to August when it stood at 4.6 percent, new data from Swedish statistic office, Statistics Sweden (SCB) show.
Denmark to pass a job stimulus on Wednesday to stem unprecedented unemployment growth
Wednesday, 24 October 2012A new jobs crisis package is on the way in Denmark as the Danish economy persistently remains at a very low performance level, not creating jobs as before. Danish Prime Minister, Helle Thorning-Schmidt (pictured) will preside over the deal later on Wednesday.
Swedish education Minister, says children of undocumented allowed to go to school
Wednesday, 24 October 2012A new Swedish government policy will make it possible for children who live in the country without residence permits to be allowed to attend school from 1 July 2013.
H&M Splashed its factory workers with slave pay - Skr 500 a month
Wednesday, 24 October 2012H&M is in the sad side of the news once more - the same case it has been accused on in the past - paying it factory worker as if they were slaves.
SAS will force its workers to get lower pay in a bid to manage poor performace
Wednesday, 24 October 2012The Scandinavian airliner, SAS has a new austerity package to enforce, a strategy described by Scandinavian media sources as a strategy to make its employees to resign, a cheaper alternative that laying them off.
Swedish house prices fall?
Tuesday, 23 October 2012Swedish real estate analysts feel that Swedish house prices might fall in the coming months.
IKEA expects to see up to 85 percent in sale growth
Tuesday, 23 October 2012Swedish furniture maker, IKEA is reported to expect to potentials increase in revenue by as much as 85 percent and more than double the amount of people expected to walk through the furniture maker's doors on an annual basis. Details here
Finnish Unemployment continues to rise - how hits 7.1 percent
Tuesday, 23 October 2012Finnish unemployment reverses its falling trend and continues to rise. Last figures from the country's labour survey show that some 187,000 people were without jobs in September.
Finnish PM escapes knife attack in Southern Finland
Monday, 22 October 2012Finnish Prime Minister, Jyrki Katainen, was on Monday, attacked by a man with a knife, as he was receiving people in a political events in the city of Turku.
The Swedish housing market calls for improvisation - Buyers enticed with free rents
Monday, 22 October 2012The Swedish housing shortage is acute in the Stockholm area but sales of real estate products are almost at a stand still. There are people seeking housing in the Swedish capital and around the major cities of the country but there are houses that cannot be rented out and also cannot be sold.
"Black African people are lazy" - Finnish far right candidate, Kai Haavisto
Monday, 22 October 2012"The motivation to work is weak among men from Africa." This is the view of Kai Haavisto, who is a politician of the Finnish far right party, True Finns as the party steps up to live to its racist over tone. It cmes at a time when Finland has seen a rise and expansion of far right organisations such as Finish defence league to join the True Finns.
Light Jogging prolong live than
heavy exercises - revisited
Monday, 22
October 2012Regular gentle jogging will improve and prolong a healthy living than heavy exercises, challenging past theories that rigorous physical workups are good for long and healthy living.
Swedish man, Hakan Samuelsson appointed new CEO for Volvo Cars
Friday, 19 October 2012The Board of Directors of the Volvo Car Group has appointed Hakan Samuelsson on Friday to be the new CEO of Volvo Cars.
British unemployment falls
Wednesday, 17 October 2012The British unemployment continues to fall as the number of people out of work fell by 50,000 to 2.53 million in the three months to August, the country's Office for National Statistics (ONS) said.
CNBC: Norway’s Housing Boom Could Lead to Spain-Style Bust.
Wednesday, 17 October 2012Norway, which chose to remain outside the European Union and the euro currency, enjoys an enviably stable economy and a booming housing market — but it could be going down the perilous route taken by Spain and Ireland, according to economists and recent analysis.
Swedish Match's "snus" investigation pushed EU commissioner, John Dalli to force to resign
Tuesday, 16 October 2012A fraud investigation request put forward by Swedish Tobacco Company, Swedish Match, forces John Dalli, EU Commissioner for Health and Consumer Affairs to resigns as it turns out fraud was part of the problem.
Swedish opposition leader, Löfven, called to step up, as honeymoon with voters seem over
Tuesday, 16 October 2012The leader of the Swedish Social Democrats party, the biggest party in the country right now has been called to step up and show more what he is capable of. Stefan Löfven's honeymoon is hopelessly out as voters expect more of him than just being peaceful and quiet.
How Denmark leads in real modern evolution in gender politics the Danish government is now controlled by women
Monday, 15 October 2012Denmark is a beacon of a glaring example of how gender gap in public institutions and how women take responsibility of the community and their personal life is evolving. Today most of the leading political parties running the country's affairs is made up of women, something seen only in Norway where women are present in top corporate boardrooms.
Swedish population will hit 10 million in six years as immigration leads to fastest population growth
Monday, 15 October 2012The Swedish population is growing and it has now been statistically shown that the in six years, the Swedish population will reach 10 million people.
Israel attack Swedish Foreign Minister, Carl Bildt in relations to his Iran stance
Monday, 15 October 2012As the heat on the hard action on Iran is hitting the USA on the eve of its presidential election, Sweden has fallen on the Israeli critical radar for its calls for the relaxation of sanction in Iran.
Two, Alvin E Roth and Lloyd Shaple win this years Nobel Prize in Economics
Monday, 15 October 2012The Swedish Central banks and the Nobel committee has awarded the 2012 Nobel Prize in Economics to Alvin E. Roth of Harvard University, USA, and Harvard Business School USA and Lloyd S. Shapley University of California, Los Angeles, CA, USA
Sweden democrats have lost 81
municipal seats despite grwing popularity
Monday, 15
October 2012Despite their growing popularity, the far right party, Sweden Democrats finds it hard to fill municipal seats as 81 seats are lost in various municipalities where it clearly won the votes
European Union wins the Nobel peace prize
Friday, 12 October 2012The European Union has been awarded this year's Nobel Peace Prize, reports the Norwegian broadcaster, NRK which claims to have been informed from a credible source. The prize for the crisis hit Europe is for its intense desire to promote peace despite difference among members.
Fall in the amount of Swedish millionaires
Friday, 12 October 2012Sweden has lost 142,000 dollar millionaires and now has only 343 000 of them left, according to Dagens Industri noted the report Global Wealth Report from commercial bank Credit Suisse.
Croatia to buy eight Swedish Gripen fighter jets
Thursday, 11 October 2012Croatia has formally offered to buy eight Swedish JAS 39 Gripen fighter jets, version C / D of the Defence Export Agency (FXM) report Swedish media sources an radio Sweden
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Chinese Writer, Mo Yan win 2012 Nobel prize in literature
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TeliaSonera is being investigated for bribery in Nepal
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Tax cut proposal for Stockholm
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Dramatic increase in the number of redundancies in Sweden but not surprising