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Record profits for Samsung as it dominates Nokia

Friday, 27 April 2012
Samsung reported a record operating profit for the first quarter of this year, 5.85 billion dollars, almost doubling over the same quarter 2011.

AB Volvo's earnings higher than expected

Thursday, 26 April 2012

The vehicle manufacturer AB Volvo reports a profit before tax of Skr5.602 million for the first quarter of 2012. This compares with profit of Skr5.847 million a year ago

Earnings Fall at Astra Zeneca as CEO to resign

Thursday, 26 April 2012
Pharmaceutical giant AstraZeneca reported a profit before tax of $ 2.053 million, representing approximately Skr14 billion, for the first quarter of 2012. This compares with profit of $ 3.288 million a year ago.

Swedbank beat expectation as another Swedish post huge profits

Wednesday, 25 April 2012
Swedbank reported a strong report on Wednesday morning with net interest income positively impacted by the Bank's increased lending margins. A provision in Ukraine of Skr200 million weighed on credit losses.

Lumia 900 up for pre-order in Finland as Nokia struggle

Wednesday, 25 April 2012

On the day Apple announced a bone crushing growth, pioneer and Finnish beleaguered mobile phone maker, Nokia says it will begin taking Finnish orders for its latest Lumia phones midnight Tuesday

Electrolux improved and beat expectations

Wednesday, 25 April 2012
Good sales and higher prices mean that home appliance manufacturer Electrolux, with CEO Keith McLoughlin, managing to beat expectations for the first quarter. Both sales and profits were higher than analysts had expected.

Fall for Ericsson's profit as largest business unit saw weak performance

Wednesday, 25 April 2012
Ericsson delivered a mixed quarterly report on Wednesday morning.

Lower profit for SEB in its first quarter report but better than expected

Tuesday, 24 April 2012

SEB, with CEO Annika Falkengren, makes a profit of 3.7 billion in the first quarter. It was far worse than a year ago but better than experts had anticipated, as SEB managed to keep costs in check.

1700 workers may leave ST-Ericsson

Monday, 23 April 2012
ST- Ericsson, jointly owned by Ericsson, aiming to achieve annual savings totalling approximately $320 million, equivalent to Skr2.1 billion, in new and ongoing restructuring program when they were finalized at the end of 2013.

Alfa Laval fell in the market after reports

Monday, 23 April 2012
Engineering company, Alfa Laval saw its stocks fall on the market on Monday after its report release on Monday. The result was not in line with expectations of future prospects as such not bright enough for that market players to be excited.

Astra making multi billion business in the USA

Monday, 23 April 2012
AstraZeneca acquires US-based Ardea Biosciences for $32 per share, making the purchase price amounts to about 1.26 billion U.S. dollars including existing cash.

Is Microsoft’s business with Nokia costing it money? So far Yes! Friday, 20 April 2012
IT giant Microsoft's Windows Phone division made a loss in the first quarter. Payments to keep Nokia going are reported to be largely behind this decline.

Swedish defence group Saab reports boost in profits

Thursday, 19 April 2012
Defence and Security Company Saab’s operating income presented for the period January -March 2012 was Skr 398 million against Skr368 million for same period a year ago. This corresponds to an operating margin of 7.1 per cent over 6.7 same period in the past.

Metro Continues to make losses

Wednesday, 18 April 2012
Interim reports of the free newspaper group Metro International showed a loss after tax of €1.7 million, or about Skr11.6 million, for the first quarter.

Volvo lost U.S. dispute, would appeal

Monday, 16 April 2012
AB Volvo's subsidiary Volvo Powertrain has lost a dispute with the U.S. Environmental Protection Agency EPA and therefore has to pay more than $ 72 million, representing approximately Skr490 million in penalties and interest.

The price for slow reactions to reality as Nokia shares continues its tumbling on Thursday

Thursday, 12 April 2012

Finnish mobile phone giant Nokia's shares continued their downward spiral on Thursday following Wednesday’s profit warning.

Swedish military hardware producer, Saab receives order from the UK

Thursday, 12 April 2012
Swedish defence and security company, Saab and the UK Ministry of Defence (MoD) has signed a two year extension contract for the Deployable Tactical Engagement Simulation training system (DTES) Managed Service, used by the British Army.

Chinese Youngman has lodge its bid for Saab

Tuesday, 10 April 2012saab
The Chinese company, Youngman, who persistently tried to get buy Saab automobile has, according to an informed source given its final offer for a bid for the bankrupt company before the deadline expired at 17 hours on Tuesday.

Sony to cut 10,000 jobs globally but not known how many would go in Sweden

Monday, 09 April 2012
Sony is reported to have been doing away with 10,000 posts, about 6 percent of its global work force, reports the Japanese newspaper Nikkei.

Nokia’s net strategy is to carry out intense US market campaign

Monday, 09 April 2012
Nokia’s next strategy is to launch its smart phones in the USA and that was done on Easter Sunday.

Finnish regulators heap pressure on Groupon - Reports

Friday, 06 April 2012

Online discount deal company Groupon has come under fire from Finnish regulators.

ABB appoints Prith Banerjee to Executive Committee as Chief Technology Officer
Thursday, 05 April 2012
ABB Ltd (ABBN.VX) Thursday said it appointed Prith Banerjee as Chief Technology Officer.

Statoil floored by Danish pharmaceutical as  Novo Nordisk becomes the largest in the Nordic countries

Wednesday, April 04, 2012
The Danish pharmaceutical company, Novo Nordisk has taken the throne as the Nordic region's largest listed company by market capitalization.

The Swedish service sector fell in March

Wednesday, 04 April 2012
Fall in Swedish purchasing managers’ index for services (PMI - services) fell by 1.5 index points to 52.6 in March but still in growth zone.

Americans continue to put their faith in Volvocars

Tuesday, 03 April 2012
Volvo Cars sold 6693 cars in the USA in March, an increase of 5.1 percent over the same month last year.


How they are all in it together - Sandvik President and Chairman pay themselves huge salaries
Tuesday, 03 April 2012
The CEO of Swedish engineering group Sandvik,  Olof Faxander as well as his board chairman, who approve salaries have received huge pay.

Gothenburg Biscuit factory laying off 70 worker

Tuesday, 03 April 2012
Göteborgs Kex has given notice to 70 employees at its facility in Kungälv, reports Goteburg Posten.

Hundreds of Nokia's outsourced Symbian developers leaving Accenture

Tuesday, 03 April 2012
Hundreds of former Nokia employees at the consultancy firm Accenture have left the company and claimed severance packages.

Fewer new cars sold in Sweden in March

Monday, 02 April 2012

In March 28 555 new cars were registered in Sweden, down 3.3 percent compared to March last year, reports Bil Sweden which keep the numbers.

Sweden at the bottom of the entrepreneurship despite the high rhetoric

Sunday, 01 April 2012
After an international comparison, it turns out conclusively without doubt Sweden is not very good for business. start-up

Nokia shifting to mobile phone TV application for its Lumia - Rumour

Saturday, 31 March 2012
Nokia-lumia
There is rumour that Nokia wants to launch TV application that will enable users to watch TV on their Lumia phones.

Worse than expected for clothing company, Hennes & Mauritz

Thursday, 29 March 2012
Hennes & Mauritz (H&M) reported a profit before tax of Skr3.701million against Skr3538 same time last year,  for the first quarter (December-February) in the split financial year 2011/2012.

The Buyers of Volvo Aero is revealed

Wednesday, 28 March 2012
The British engineering company GKN is likely to buy Volvo Aero within the coming months.

Television companies in Sweden should clarify their price principles as dodgy prices have been detected.

Wednesday, 28 March 2012
Cable TV companies operating in Sweden are urged to clean up their price jungle. This is because today, customers have no clear idea of the total cost of all package fees that are marketed.


The Swedish opposition promised to create more jobs in the healthcare and pharmaceutical if it takes power

Friday, 27 April 2012
The Social Democrats, the party leader, Stefan Löfven, suggests in an article in Swedish newspaper, Svenska Dagbladet a program to create jobs in the healthcare and pharmaceutical sector. A sector that has been loosing competitiveness in the past few year in favour of Denmark.

Tens of thousands of Norwegians sang the song the killer, Breivik hated to hear

Thursday, 26 April 2012

Thousand of people gathered in the squares all over Norway today to "re-conquer" the song the mass murderer Anders Behring Breivik say it has been used to "brainwash" Norwegian children.

Poor quality of university courses identified among Swedish schools of higher learning

Thursday, 26 April 2012
Linné University, one of the worse performing schools in the country
Swedish self critical attitude has means that much higher education courses in Sweden is of poor quality. Just over one in five training programs fail to meet required quality when those various academic programs were examines.

New challenge for Swedish Gripen as competitor step up game

Thursday, 26 April 2012
As the quest to strike a sale increases and every player juggle for position to strike a deal in a very competitive market, Saab which had hoped would secure a deal to sell its Gripen jet fighter to the Brazilian now starts seeing that dream becoming more difficult to meet.

Support for the Social Democrats in Sweden continues to increase

Thursday, 26 April 2012

Support for the Social Democrats in Sweden continues to increase and latest pools suggest that the support could rise to as much as 35.9 percent according to a new poll commissioned by Swedish television station, TV4 carried out by polling organisation, Novus for its April voter’s barometer.


Ikea comes under fire again accused of clearing core Russian forest in search for wood

Wednesday, 25 April 2012

Ikea contributes to the destruction of ancient forests in Russia in search of wood for his furniture according to Swedish television’s investigative report.



The British economy back to recession as official data show fall in growth

Wednesday, 25 April 2012
The British economy slid into its second recession since the financial crisis after official data unexpectedly showed a fall in output in the first three months of 2012, piling pressure on Prime Minister, David Cameron's embattled coalition government. Details from Reuters news agency

The Swedes continue to loose faith and support for their Royal family and the kingdom

Tuesday, 24 April 2012

The Swedish people continue to loose support and faith in their Royal family, a survey show.



Chinese premier Wen Jiabao’s visit to Sweden

Tuesday, 24 April 2012

Chinese Premier Wen Jiabao had an intense Tuesday during his visit to Sweden. In the morning he saw the car crash test process in the car crash lab in Volvo car corp., in Gothenburg and then in the afternoon he met King Carl Gustaf and Prime Minister Fredrik Reinfeldt.

Sweden to soon launch new banknotes – samples presented

Tuesday, 24 April 2012

The Swedish central bank, Riksbank has presented the winner of the design of Swedish nw bank notes. He is Göran Österlund proposal "Cultural journey" that will form the artistic basis for the new banknotes.

Swedish unemployment fall but increased employment among women

Tuesday, 24 April 2012
In March 2012 the number of employed persons in Sweden in the age group 15-74 amounted to 4 643 000. Compared to the same period last year, this is an increase of 78 000, of whom 74 000 were women.

Obama's anti Semitic envoy to racially charged Malmö

Tuesday, 24 April 2012
Sweden’s problem with racism is okay when it does not concern the Jews. When the Swedish racist mess with the Jews, the Americans will come to town.

As the Swedes struggle with a growing fat epidemic, more broken knees associated with heaviness

Tuesday, 24 April 2012
The Swedish people are getting too heavy for their knee joints. Today, many 45 year olds use knee prosthesis due to being overweight or obese according to news reports.

Volvo and Sweden expects that the visit of the Chinese premier here on Tuesday should be a boon to the company

Monday, 23 April 2012
On Tuesday, the Chinese Premier Wen Jiabao will be visiting Volvo Cars Corporation something being thought  that would boost the image of he company in china  and improve on its growth there.

Heavy beating of the Stockholm Stock Exchange at its opening Monday trading

Monday, 23 April 2012
Stockholm Stock Exchange began the trading week with a real shellacking on Monday, where mainly short - cycle manufacturing company, commodity-related and banks led the way down

Haarde, Iceland’s former PM found not guilty over the country’s 2008 financial collapse

Monday, 23 April 2012
On Monday it was announced in a sentencing decision by the Icelandic court that the former Prime Minister Geir Haarde had been found not guilty for the financial crisis that hit the country in 2008.

US global influence has declined – Swedish Finance Minister, Anders Borg

Sunday, 22 April 2012
Over the weekend it was eminent that the world's richest countries would inject new billion to the IMF, but the U.S. stood outside and did not move a muscle.

Stockholm council can opt out of Telia services because of its association with dictators

Saturday, 21 April 2012

The effects of Telia Sonera’s association with countries that violate human right could start costing it business and money at home. The city of Stockholm wants to be the one to shoot the first shot and withdraw from using the services of TeliaSonera when the next procurement of telephone subscriptions comes around.

Norwegian oil fund manager Yngve Slyngstad’s salary has increased by over 65 percent. Why? No one can explain why!

Saturday, 21 April 2012
Norwegian Oil fund manager,  Yngve Slyngstad has seen his salary increased by over 65 percent in two years. Neither Norges Bank nor those in the central bank and the Fund resources management could explain why such an astronomical rise has taken place even as the fund's performance remain questionable.

Poor economy forces Swedish Red Cross to cut workforce - 70 more to go

Saturday, 21 April 2012
Workforce retrench in the Swedish arm of Red Cross continue as its economy continues to remain weak after scandals of misused that hit the organisation in 2010.  Now the organization wants to terminate 70 employees as majority of its regional offices are to be closed

But the reasons why she resigned as Moderate party secretary was... – I mean Sofia Arkelsten!
Friday, 20 April 2012
The Swedish Conservative party – Moderates have struggled to keep regeneration and development of new proposals that can get through parliament. Therefore Sofia Arkelsten was forced to leave according to news reports.

Many people in Norway share Breivik’s ideas - Wikipedia Norway shows

Friday, 20 April 2012
The Norwegian version of Wikipedia, Anders Behring Brevik sympathizers and those who share his ideology are struggling to express their ideas there.

Danish industrial sector looking to increase investment but some authorities remain weary

Friday, 20 April 2012
The Danish industrial sector is looking at increasing its investment in the coming months projected to increase by 25 percent this year.



Nokia faces unexpected challenge in its transition routes. Looses mount in Q1

Thursday, 19 April 2012
Finnish mobile giant, Nokia Corp. (NOK), the world's biggest handset maker last year, Thursday said it has faced greater than expected competitive challenge in its ongoing strategy overhaul, as the company reported heavy losses for the first quarter.

Plastic surgery explodes in Sweden as every third young girl can imagine plastic surgery. What happens to the beautiful Swedish women we use to know?

Thursday, 19 April 2012

The view has always been that Swedish women are beautiful. But this has been in the eyes of outsiders as the Swedish women who are being though to be beautiful don’t see themselves that way. An evidence of lack of confidence in natural beauty of Swedish women is the explosion of cosmetic procedures carried out in the recent years.

Swedish central bank, Riksbank leaves rates unchanged

Wednesday, 18 April 2012

The Swedish central banks or the Riksbank chose to leave its key interest rate, the repo rate unchanged at 1.5 percent today. It was in line with expectations but other forecasters anticipate a lower interest rate at year end.

Are Finnish people turning the back on their far right party, True Finns?

Wednesday, 18 April 2012
true-finns
It looks like the Finnish people are openly rejecting their far right views by withdrawing support from the True Finn party. This is because reports show that the support for the party's radical ideas seems to be putting supporters off – some what! Or is it another hypocrisy?

Swedish Regional performance assessment – the best performing Swedish region in terms of   export

Wednesday, 18 April 2012
The Swedish region of Västra Götaland, in western Sweden is reported to be the best county of the country when it comes to exports Sweden


Did TeliaSonera secretly collaborate with dictatorships?

Wednesday, 18 April 2012

That security services are using  mobile operators to control the public in political events and in dictatorial countries have been reported in the past and Swedish companies have been identified as playing leading role. Most notable has been Ericsson but it has emerged that the Swedish – Finnish telecom company, TeliaSonera could have secretly worked directly with these dictators to eliminated challengers to the regimes.

Germany enjoys lowest unemployment while Spain basks in the highest joblessness - why?

Tuesday, 17 April 2012
Germany and Spain are a huge contrast when it comes to harder workers in Europe. Germany enjoys the lowest unemployment in recent years while don’t know what to do with all the unemployed people it has.

Sweden to send Skr70 billion to the IMF account ad Japan steps up contribution to the body

Tuesday, 17 April 2012
Sweden is initially prepared to put up $10 billion, nearly Skr70 billion into the IMF account, according to the Swedish Finance Minister, Anders Borg, reports Reuters. Maximum Sweden will contribute is reported to be Skr100 billion.

The clash of two opposing economic views ends with "The budget is surprisingly slim"

Tuesday, 17 April 2012

A clash of the Swedish finance minister, Anders Borg and the untested Social Democrat’s economic spokes person, Magdalena Andersson, saw the the Social Democrats ask for one thing: How can the government bring down unemployment in with surprisingly slim budget, which looks more like a business report on what has already been done?

Global military spending stops increasing but there are still big spenders out there

Tuesday, 17 April 2012
The economic crisis is also evident in military purchases worldwide, according to the newest report from the International Peace Research Institute in Stockholm, SIPRI.

African Swedes calls for the departure a Swedish Minister

Tuesday, 17 April 2012

The Afro Swedes, the Association of Swedish people with black skin have called for the resignation of the Swedish Culture minister, Lena Adelsohn Roth for taking part in a ceremony which they describe as racist. See video

Norwegian mass murderer, Breivik breaks down in court for the first time after watching own propaganda film

Monday, 16 April 2012

Anders Behring Breivik who started his trial in an upbeat manner with a fist up, disowning the court seems to be human after all.

The announcement of the death of Maersk Mc-Kinney Moller

Monday, 16 April 2012

One of the cores of the Danish shipping empire, Maersk Mc-Kinney Moller was been reportedly dead. He was 98 years.

How the Swedish employment agency keeps huge surpluses while unemployment remains high in the country.

Monday, 16 April 2012
Sweden brags that it has a very clean public finance record but could this be because the government is not spending the money and chooses to sort of hoard it just in the name of being hailed as the best in public finance management? If not why is the employment agency keeping huge surpluses even hough the level of unemployment in the country has been increasing?

Confederation of Swedish enterprise believe that the government lack the strategy to confront globalization

Monday, 16 April 2012
An official of the confederation of Swedish industries has accused the Swedish government of lacking economic agenda for reform. A leading official of the organisation, Urban Bäckström want to see that the government grasps the challenges of globalization.

Swedish government feels the heat in winter and reduced growth forecasts

Monday, 16 April 2012
The Swedish tiger economy started limping a while ago after being battered somehow somewhere as the government now cut its growth forecast for 2012 from 1.3 to 0.5 percent in the Spring Budget, according to Finance Minister Anders Borg.

Far-right anti-Muslim network on rise globally as Breivik trial opens

Sunday, 15 April 2012
Report highlights UK role in the growth of groups that inspired Norway's mass murderer - external source
Photo of Jimmie Åkesson: - Leader of Swedish far right party, Sweden Democrats

A mild winter and early spring - weather continues to send mix messages. The return of Winter today cause road havoc

Saturday, 14 April 2012
The Stockholm area, parts of Södermanland and Uppland woke up today Saturday to welcome a partially wet, but still snow covered surface. The weather causes problems for local traffic in Stockholm raising the question whether winter is returning.

Allergy free groceries, a growth sector in Swedish food retailer as increase in the demand for Gluten free products grow exponentially

Saturday, 14 April 2012
The amount of people demanding allergy free groceries is exploding, begging the question - what is added in our food in the supermarket today of whether it has to so with life style or the environment.


H&M a big Swedish global fashion giant managed only by the Swedes as it leads Swedish companies that discriminate workers in terms to racial and cultural integration.

Friday, 13 April 2012
Imagine that other peoples of other countries with different colours and strips did not wear H&M’s cloths, shoes and the like, could the company be as great as it is today and could it have grown soo big in other countries as it has done today.

Swedish Corporate Bond Market Grows As Bank Credit Tightens

Friday, 13 April 2012
Swedish companies are increasingly turning to the bond market for financing as access to bank credit has tightened since the autumn in the wake of the euro-zone debt crisis and tough new financial regulation.

Swedish house prices remain unchanged generally but rose somewhat in the big cities

Thursday, 12 April 2012

Swedish Real estate prices for one- or two-dwelling buildings were unchanged during the first quarter 2012 compared to fourth quarter 2011offiial reports from statistic Sweden show.

Swedish football premier league is marred by hooliganism but now the coordinator wants national registry setup

Wednesday, 11 April 2012
Swedish premier football league is not so wonderful as the Danish league of even the Norwegians league but Swedish league has one major problem – hooliganism. There is hardly a match in the premier league here without crow scuffle and this has been very worrying to many putting interested parties out of the game.

How non EU immigrants are duped off hundred of thousands for a Swedish job that was never there.

Wednesday, 11 April 2012
Fake job offers is the new form of human trafficking according to the Swedish authorities.




Voters believe Social Democrats Löfvens believed to be good for jobs policy

Wednesday, 11 April 2012
A majority of Swedish voters believe that the Social Democrats have a better policy than the Conservatives, when it comes to job policy, healthcare, education and environment.

Danish Prime Minister, Helle Thorning-Schmidt thinks the economic crisis in Europe is over

Tuesday, 10 April 2012
Helle-Thorning-Schmidt
Denmark holds the rotating presidency of the EU since January 2012 and it couldn’t have come at a time when the European crisis needed some strong leadership and courage to bring some hope back to the economy.



Swedish beauty industry in unexpected

unregulated despite the high risks associated with plastic surgeries operations

Tuesday, 10 April 2012
Sweden is a country where cosmetic the surgical sector is the most unregulated in the Europe but there is fight now for the sector to be regulated after various scandals.

More Danish pension immigrants would love to get retired in their own home countries than to get old in Denmark

Tuesday, 10 April 2012
Many immigrants in Denmark would be very happy to get old in their original homelands than to get stuck in an unfriendly Danish old people's home



Swedes buy a record amount of cosmetics

Monday, 09 April 2012
Sales of cosmetics and toiletries are at record high in Sweden with especially young women splashing on cosmetics. Last year the Swedes spent Skr15 billion - an increase of 30 percent in ten years on make up products.

Fall in the price of crude oil

Monday, 09 April 2012
The price of crude oil has fallen to just over a hundred dollars a barrel on the stock exchanges that have been opened up in Asia after the Easter break.
Swedish Finance Minister Anders Borg, to lean from Holland how to create jobs for theanders-borg youths. Sunday, 08 April 2012
Swedish minister of finance, Anders Borg has been hailed in the Swedish media as the best in the world when it comes to the management of pubic finances and for keeping Sweden sheltered from the past financial crisis. But if he is that good, why is Sweden having persistent problems with unemployment under his reign as minister of finance?

Urban migration very high in Sweden and Denmark

Sunday, 08 April 2012
Sweden and Denmark are the EU countries where Rural - Urban migration (urbanization) is the fastest.





International attention turned to Swedish sales of Saab arms to Algeria

Saturday, 07 April 2012
International attention has now turned to Sweden were various reports in some foreign medial sources show that Swedish arms companies are selling armaments to troubled countries. Next stop Algeria.

Racism row rocks British police a new confirmation that black people are still the undesirable in modern western societies

Friday, 06 April 2012
What ever wrong the black man has done that has made them persistently hated by the white folks will be left to posterity. From the US to all European countries people of black skin continue to be persecuted. Why?


Sweden to burns Italian Mafia garbage

Thursday, 05 April 2012
The mountain of garbage and waste that was found deposited on the streets in Italy is to be burnt in Sweden as the energy company Fortum is said to burn 6000 tons of Italian household garbage in Southern Stockholm.

UK missed recession by a whisker

Thursday, 05 April 2012
The U.K. economy narrowly avoided falling back into recession in the first quarter of 2012, an independent economic research group said Thursday.

Sweden heads the OECD countries in the provision of economic aid

Thursday, 05 April 2012
Sweden came out on top in the world in 2011 in terms of provision of economic aid as a proportion of gross national product (GNP), according to the economic cooperation organization OECD.

Sweden leads the world in IT usage

Thursday, 05 April 2012
Today came the report from the World Economic Forum ranking world's leading IT countries. The ranking reveal what has been the perception – that Sweden maintains its position as the world's leading IT nation, far ahead of both Japan and the United States.

Norwegian mass murderer, Breivik was going to build the bomb in Sweden

Wednesday, 04 April 2012
Norwegian mass murderer, Anders Brevik Behring, planned to build and test his bomb on a deserted farm in Värmland, Sweden according to a Swedish television’s investigative news program.

New swedish DNA test for foetus would reveal whether the unchild has Down syndrome

Wednesday, 04 April 2012

As the Nordic countries continue their quest of creating the best form of humans, soon, a new DNA test for foetuses will be unvailed to sort out Down syndrome from the unborn.

Danish balance of payments moving to the positive territory

Wednesday, 04 April 2012
The Danish balance of payments remains in solid plus, new figures from Statistics Denmark show. At the same time trade data show that Danish exports continue to improve with a growth of 1.4 percent in February.

Swedish Prosecutor satisfied with decision to jail two Volvo officials

Wednesday, 04 April 2012
Swedish state prosecutor, Nils-Eric Schultz, is pleased with the conviction of two former executives of AB Volvo's subsidiary, Volvo CE, who paid millions of dollars in exchange for contracts in Saddam Hussein's Iraq.


Sweden announces Super Investment in research – upping its stance in international biomedical and engineering research

Tuesday, 03 April 2012
Sweden is to launch an international research, Science for Life lab, with a turnover of one billion a year.

Bankrupt Saab automobile’s liabilities larger than previously thought - Skr13 billion

Tuesday, 03 April 2012
saab
The bankrupt Saab Automobile’s liabilities has been accounted to stand at between Skr12 and Skr13 billion, and assets including land is a "a fraction of this." This low mismatch was not known before.

AB Volvo will train 1200 Swedish unemployed young

Tuesday, 03 April 2012
volvo
The Swedish truck and bus manufacturer AB Volvo wants to attract more young people in the Swedish industry and it is investing in a major training program.

U.S. state’s change of law could lead to the confiscation of Swedes shares

Tuesday, 03 April 2012
Over 6000 Swedes threaten to get rid of their shares when U.S. state change its ownership law.

Many Swedish graduates stock in unemployment questioning the tenet of higher education

Monday, 02 April 2012
More than one in five college graduates in Sweden are out of work a year after graduation. But the differences between them lie in the courses they studies and that difference is great a new media report show.

The resilience of women in turbulent time and in hard places – Example of how Swedish women with foreign background are fighting a tough Swedish business environment

Monday, 02 April 2012
Women in Sweden, who are not born in Sweden, described here in Sweden as women born abroad are very tough. More of them have chosen to become entrepreneurs in an environment where they have limited opportunities.

Alico Dangote, one of Africa's leading entrepreneurs to list company on the London  Stock Exchange
Monday, 02 April 2012
Talking about role models, Alico Dangote wants to be a force in the world market by trying to list his company into the veins of world business. Which other African companies are there operating that this level?

The Swedish purchasing managers’ index fell in March

Monday, 02 April 2012
The Swedish purchasing managers’ index, PMI, fell in March to 50.2, which was marginally down from 50.3 in February.

How overvalued are Swedish houses?

Sunday, April 01, 2012
The story that Swedish houses are over valued is not new but the question rests on how are the Swedish homes overvalued. An international study show the comparison.

Tension in Denmark as the right wings and the left wings descend on the city – 82 arrested

Saturday, 31 March 2012

The Danish police have arrested nearly 90 leftist counter-demonstrators in Aarhus, reports various Danish media sources, following the descend of far-right groups from across Europe who came to hold a “unity” rally in Denmark.

Norwegian oilfund to limit European exposure but to double in emerging Asia

Friday, March 30, 2012
The Norwegian wealth fund or oil fund's exposure to European markets will be reduced from over 50 to 40 percent according to the Norwegian the government's white paper on the Fund's management, which will was presented on Friday by Finance Minister Sigbjørn Johnsen (Pictured above).

The top ranking Swedish universities and collages are …

Friday, 30 March 2012
Which are the best universities in Sweden? Well, a business magazine, Focus, has ranked universities here based on the interest of students own preferences. That means big surprises in the list begging the question if this is the a god model to to classify universities a country.

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