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Market decline in morning trading as Stockholm recoil form yesterday’s impressive close

Friday, 30 September 2011
Inter-day trade
Stockholm stock exchange opened today's trading on the lower side of things on the last day of trading of the week.

Most dream to work for Google

Thursday, 29 September 2011
google
You are Swedish and you have what it takes to get the big job with some of the leading companies in the world or you are just reaming that you’ll want to work here or there.

Danish unemployment continues to grow
Thursday, 29 September 2011

The number of unemployed in Denmark rose in August for the fourth consecutive month

Stockholm Stock Exchange is trading okay but looking around and keeping its ears to the ground

Thursday, 29 September 2011

Stockholm Stock Exchange woke up depressed – mode could change later Wednesday, 28 September 2011

Historic rally on the Stockholm stock exchange as European markets regain their mojo

Tuesday, 27 September 2011

Stockholm Stock Exchange's general index OMXSPI rose by 5.7 percent on Tuesday. This is a historic trading day that have now been placed on number 20 on the list of the best trading days since 1987, according to statistics from OMX.

Denmark vehemently rejects the Euro single currency project Tuesday, 27 September 2011
A majority of Danes have vehemently rejected the Euro single currency in a way that has not been seen before.

Stockholm Stock Exchange woke up in another positive mode

Tuesday, 27 September 2011

Stockholm Stock Exchange starts down the up then what else?

Monday, 26 September 2011

No more save haven for Commodities as the financial turmoil starts hitting commodity prices

Monday, 26 September 2011

Commodity prices followed the downward path on Monday as market turmoil start infecting the sector, previous thought was the shelter to falling prices of stocks and shares.
Stockholm Stock Exchange starts down Friday morning as the market nervousness persists Friday, 23 September 2011

Base metals affected by exponential market falls or are the Chinese buying everything?

Thursday, 22 September 2011

Stock market collapse escalates as concern in the USA and the Europe makes the small Swedish market looks like a punching bag.

Thursday, 22 September 2011



Norway leaves  key interest rate unchanged
Wednesday, 21 September 2011
The Norwegian central bank decided today to keep interest rates unchanged. The Norwegian   krone strengthened as rates remained at 2.25 percent.

The Stockholm bourse in a surprise positive start in Tuesday's early trading Tuesday, 20 September 2011

Monday, 19 September 2011

Stockholm bourse opens down as uncertainty resurges with Grece again taking the lead




Sweden's most vulnerable communities are those where a single employer is dominant

Saturday, 01 October 2011

Photo: Oxelosund, Steel maker, SSAB, is main employer
Sweden is a country of 9 million people and many large companies. This is great yeah? Possibly, but when most communities are reliant on one employer, which may also be international, could that be a great thing?


Jens Stoltenberg to the White House

Saturday, 01 October 2011
Norwegian Prime Minister Jens Stoltenberg will meet U.S. President Barack Obama in the White House in Washington on October 20th.



Increase foreign ownership take over

Swedish Television market

Friday, 30 September 2011
There is a growing new trend taking place in the Swedish television sector in which the foreign money and owners are growing in the sector. They are buying more Swedish television production in an increasing rapid rate.


The Swedish Moderates party annihilate on opinion polls in one year

Friday, 30 September 2011
swedish Moderate party leader
The Swedish ruling Conservatives have lost heavily in a new opinion poll conducted for the Swedish daily, Dagens Nyheter published on Friday. Read more

    The cost for Norwegian terrorism acts now over a billion

    Friday, 30 September 2011
    Public spending after the terrorist attacks in Oslo has crossed Nkr1 billion and a bill is being passed to cover the extra cost that is not covered in the budget.
    Sweden’s IMF bill leaps more than two fold Thursday, 29 September 2011
    IMF
    The Swedish government has proposed to raise its capital contribution to the International Monetary Fund (IMF) to Skr45.2 billion, up from approximately Skr20.8 billion. The increase is made in a comprehensive review of IMF resources.

    Hundreds of journalism jobs are

    disappearing in Sweden as Media houses save big time

    Thursday, 29 September 2011
    Many of Sweden's largest media house are planning to build big savings packages as such most of them have planned to chop several hundred jobs.


    Doom and gloom faces Nokia workers as more job cuts rock the company once more

    Thursday, 29 September 2011
    Nokia
    Mobile phone manufacturer Nokia is planning again to reduce staff. In Finland, the staff cut would be about a further 300 people and Nokia's Salo factory gets a new role. Worldwide some 2500 workers would go world wide
    Inequality of taxation also rife in Sweden with lower taxes for those with high income Thursday, 29 September 2011
    swedish-taxes
    Sweden is a high tax environment and here the view is that everything single Swedish öre is taxed – yeah? Faults! A new report shows that high-income earners in Sweden pay lower taxes those low income earners.

    Fitch warns Nordic countries of potential crisis unless much is done to bring down costs

    Wednesday, 28 September 2011

    Credit rating organisation, Fitch has warned the Nordic countries to put their acts together or face crisis in the nearest future.

    When the Swedish opposition leader is just a ‘dog that can bark but can’t bite’ as Reinfeldt outperforms Juholt

    Wednesday, 28 September 2011

    juholt

    Swedish Prime Minister, Fredrik Reinfeldt has outperforms the Social Democrat party leader Hakan Juholt in a new poll. Even Green Party supporters, in the Red-Green coalition feel the greatest confidence in the Prime Minister than their own. Read more

    Stresses and cracks begin to emerge in the Swedish economyswedish-economy

    Wednesday, 28 September 2011
    The Swedish economy starts loosing its ‘mojo’ as open observations shows that the economy is weakening.

    Swedish households is depressed about the economy


    Swedish electricity market deregulation to be re-examined Wednesday, 28 September 2011
    Prices have skyrocketed but quality and customer services have not met up to the expectation that was the reason for the de – regulation in the first place. As such the government and the opposition have started looking into the issue.

    Painkillers can stop the growth of

    cancerous cells – Swedish study show

    Tuesday, 27 September 2011

    Painkillers can help to slow the growth of cancer tumours, according to a Swedish study.

    Continued downturn Swedish household loan growth

    Tuesday, 27 September 2011
    In August, growth of loans for households from monetary financial institutions (MFIs) in Sweden continued to drop.




    Anders Behring, the far right Norwegian mass murderer linked to the neo-Nazis

    Monday, 26 September 2011
    Norwegian police investigating the background of the Norwegian mass murderer have been following and reviewing mailing lists of suspected terrorist, Anders Behring Breivik’s computer. They found that he contacted a number of Germans, identified as neo-Nazis.

    Growth in the Swedish exports in goods in August

    Monday, 26 September 2011
    In August 2011 Swedish exports of goods amounted to SEK 96.6 billion, while imports of goods amounted to SEK 91.3 billion. As a result, the net trade balance was SEK 5.3 billion.

    Danger in Sweden as movement towards gender imbalance will be here in 4 years

    Sunday, 25 September 2011
    There is a gender imbalance brewing in Sweden and by 2015, there will be more men than women in Sweden - for the first time in centuries.

    Democracy good for economic growth and development – A Norwegian study

    Sunday, 25 September 2011
    sweden
    Democracy is a clear winner when it comes to the macro economic tool that can lead to sustained economic growth and development. A clear distinction is seem where poorer countries and the third world all bask in dictatorship of some sort. Read more

    Finnish True Finns Party’s Timo Soini to run for President

    Sunday, 25 September 2011
    Timo Soini, Chairman of the True Finns Party, the far right party that wants to see Finland only for Finns and a Finland that will not be part of the EU, has declared his readiness to stand as his party’s candidate in next year’s presidential election. This means that if he wins, he will be Finland’s next president. 

    An increasing number of young homeless in Sweden
    Friday, 23 September 2011homeless sweden
    More and more children and young people are getting homeless in Sweden and sleeping rough. The City of Stockholm’s City Mission is now sending alarms and calling for the parliament and the government to takes this problem seriously. Read more

    Saturation of Chinese market now a threat to Saab’s future

    Friday, 23 September 2011

    Saab's hope for China to help it turn its fortune could be dashed as market authorities feel that the markets saturation could means the government's tighter roles for smaller companies.

    Finland continues to expanding household loans despite gloomy outlook

    Friday, 23 September 2011

    More Finns continue to take housing loans and the banks are also giving then as usual. It does not seen as if caution should be a key word anywhere there, as the micro and micro economic environment look uncertain.

    Swedish research show that it is easier to predict pregnancy problems
    Thursday, 22 September 2011
    In the future it may be easier to predict complications during pregnancy. This is a result from researchers in Linköping University who found a way to predict pre-eclampsia and other problems during pregnancy.

    Few women in Sweden received the top wages unlike men
    Thursday, 22 September 2011

    Women have gained ground in the Swedish glass ceiling workplace, something which we can say progress has been made   but it's the men who earn the most. Why still more disparity in pay?

    Nordea to count huge cost of its play with jewellery in Denmark

    Thursday, 22 September 2011
    The fall out of the Nordea’s

    involvement in the Danish jewellery company, Pandora and the subsequent dismissal of some top Nordea’s management employees will hit the banks’ third quarter earnings.

    Swedish households increased savings despite hard times

    Thursday, 22 September 2011

    Despite significant sales of shares and equity funds as well as an increased borrowing, Swedish households showed a positive financial savings.



    IMF expects low growth in Denmark this year and next year while the order Nordic countries grow better

    Tuesday, 20 September 2011
    nordic
    Danish economy has a hard time getting up to speed, as shown by new figures from the International Monetary Fund (IMF), Economic Outlook.

    Danish rail way company, DSB to mass layoffs under the weight of DSBFirst debacle


    Investigation into a Mass Murderer game choice and pay mates – Mass murderer Anders Breivik

    Tuesday, 20 September 2011

    The investigation of the Norwegian mass murderer Anders Breivik Behring continues. Now police are looking for his friends in the game world. Read more

    Finland seeking to sell water purification technology abroad

    Tuesday, 20 September 2011
    Pure water has the potential to become a real growth industry for Finland. The industry has made several Finnish companies now looking overseas.

    Swedish government throws in Skr 8 billion to strengthen the jobs market as the budget is presented today

    Tuesday, 20 September 2011
    The government claim that in order to safeguard jobs, it will proposes in the budget bill a social package of Skr8.1 billion for the period 2012-2014. Read more

    Finnish Unemployment declined in August

    Tuesday, 20 September 2011
    Unemployment figures looked somewhat brighter in August, announced Finnish statistic office, Statistic Finland.

    Denmark leads Nordic business freedom whereas Sweden lags

    Tuesday, 20 September 2011
    Denmark leads the Scandinavian countries as the economy with the most economic freedom, in a survey which Hong Kong tops again this year, while Sweden slag to 22 position.

    Swedish economy grew 4.9 percent

    Tuesday, 20 September 2011
    Sweden's gross domestic product (GDP) grew 4.9 percent in the second quarter compared to same period last year.
    Ikea owner Ingvar Kamprad buys into construction company, Peab
    Monday, 19 September 2011
    Construction Company Peab sells 8.6 million shares, representing 2.9 percent of the capital, the Ikea founder Ingvar Kamprad.



    Swedish government makes available more scholarships to entice non EU students Sunday, 18 September 2011
    Out-of-EU-students who where a growing phenomenon in Swedish Universities have fled the country’s institutions of higher learning in their drove as high tuition fees became a reality not a fad. As such the government has realised that it has to entice them with funding. Read more

    The Swedish government and opposition Greens party agree on immigration policy

    Sunday, 18 September 2011
    As six out of ten environmentalists or Swedish Green party members would consider closer cooperation with the government, according to new opinion poll presented on Sunday, the Greens have entered into agreement with the government on immigration issues cutting flow of blood into the far right Sweden Democrats.  Read on

    Building improved relations with the neighbours - Denmark stops tightening customs controls with Sweden and Germany

    Sunday, 18 September 2011
    News government, led by the victorious Social Democrats in the last election will likely eliminated the borders controls implemented by the out going government and a brain child and the Right wing Danish People’s Party.

    Stockholm: World 25th most economically powerful city.
    Saturday, 17 September 2011
    Stockholm has emerged as the 25th most powerful city in which the world economic centres are compared in terms of their powers. Read more






    Why Swedish children are happier than British children – Britain loosing as a civilise place to live work and bring up children


    Swedish house prices continue to fall




    Telia compensated for brawl over Turkish Turkcell

    Friday, 30 September 2011
    The fight over the ownership of the telecom operator Turkcell has resulted in Cukurova asked to  pay $ 932 million, or over Skr6.3 billion, in damages to TeliaSonera.
    Lundin Petroleum makes more successful Oil discoveries, oil shares leap Friday, 30 September 2011
    Lundin Petroleum's adventures in the North Sea promises to be a real jackpot.

    lundin

    The company that

    partly owned the fields has reported that the field contain several times as much oil as previously thought by the company. Shares leaped on the news.

    Danish Jyske Bank buys collapsed FjordMors Bank

    Friday, 30 September 2011
    The large Danish bank, Jyske Bank buys parts of the collapsed Bank Fjord Mors.

    Better than expected for H & M as Asian Expansion the next big thing

    Thursday, 29 September 2011
    h&m
    Clothing giant Hennes & Mauritz (H & M) reports a profit before tax of Skr4.85 million for the the third quarter.

    Saab owner, Swedish automobile, is to sell sport car portfolio, Spyker to American buyers

    Thursday, 29 September 2011
    Muller
    Saab Automobile's holding company Swedish Automobile has reached an agreement with U.S. private equity firm North Street Capital to sell sports car business  Spyker,  according to a statement.

    Ikea breaks record at home and wants more aggressive expansion and employment

    Thursday, 29 September 2011
    Ikea
    Despite the economic slowdown furniture chain, Ikea, has hit a new record at home and is expecting to carry out hiring as it also plans more expansion in Sweden.

    Saab automobile expect the Chinese money to fall in soon

    Wednesday, 28 September 2011
    saab
    Saab automobile has been quiet in the news for a while. This is because work is still underway to attempt to prop the company back to operation. It is reported that case is on the way.

    SEB boss, Annika Falkengren does not rule out job cuts

    Wednesday, 28 September 2011

    One of the biggest challenges for the banking sector over the next few years is clearer ground rules, says SEB's CEO Annika Falkengren. She does not rule out job cuts, although the bank has already implemented major cutbacks.
    Practical signs of a Swedish economic fall or just change of shopping habits? More Stores are dying and the death is spreading Wednesday, 28 September 2011
    onoff
    More and more stores are being closed down in Sweden and now the question is whether the weakening Swedish consumer confidence is affecting the demand in the stores or just a changing pattern in Swedish peoples' purchasing system.

    Telia to speed up the deployment its 4G network

    Tuesday, 27 September 2011

    TeliaSonera has increases the speed of the deployment of its four G-network such that by the end of next year, 663 places in Sweden would have to have access to faster mobile broadband.

    SAS mock competitors with new gaming app

    Tuesday, 27 September 2011
    SAS takes advantage of its honorary grade of "Europe's most punctual airline"  and then tried to mock its competitions mocking game app for time wasters.

    Swedish people believe that they would get poorer as pensioners

    Tuesday, 27 September 2011
    A majority of Swedes believe that they will have lower living standards of living when they get retired compared to today.

    Västtrafik warns DSBFirst to seat up or risk butted out of western Sweden

    Tuesday, 27 September 2011

    Quality deficiencies in the provision of rail transport around Western Sweden by the Danish-owned DSB First raill company has means that Västtrafik which runs rail traffic operations in Western Sweden has given DSB First a warning to pull their acts together.
    Swedish Pension funds in trouble after the stock market collapse
    Monday, 26 September 2011
    pensioners
    Falling stock prices and low interest rates means that the Swedish pension companies’ debt grows. Since June, the company's debt increased by almost Skr100 billion.

    Husqvarna implements hiring freezes as the company’s economy weary

    Monday, 26 September 2011
    Husqvarna, a leading manufacturer of chain saws and lawn mowers, has implemented hiring freezes due to the decline in global demand and the uncertain economic situation.
    Swedish Minister of Finance feels that the crisis has reach a dangerous stage Sunday, 25 September 2011
    anders-borg
    The minister shows his concern about the European debt crisis which dominates the World Bank and International Monetary Fund's ongoing meetings in Washington.

    Ikea expanding impressively in China

    Friday, 23 September 2011

    Furniture giant Ikea will greatly increase its pace of expansion in China and open about three more stores per year over the next few years in the country.

    Dark summer for Swedish hotels sector

    Thursday, 22 September 2011

    Although spending a night in a Swedish hotel is a very expensive issue, it was expected that the summer will boost the difficult sector. But it turned out just the opposite as the summer became so tough for hotels in major cities.

    Volvo AB sets new financial goals for growth and profitability

    Thursday, 22 September 2011
    Volvo's board has decided to introduce new financial targets for the Group from 2012 onwards.


    Bomb threats in Ikea stores - tools of extortion

    Wednesday, 21 September 2011

    Furniture Company Ikea was a subject to blackmail, according to the company, but has given no details of the blackmail.

    Scania sees robust order intake as sales remain upbeat

    Wednesday, 21 September 2011
    scania
    Scania sees that demand for trucks remains stable as markets such as Brazil, Russia, India and China continue to drive growth.

    Swedbank starts withdrawing from aggressive eastern expansion as it reduces operation in Ukraine
    Tuesday, 20 September 2011

    Swedbank's operations in Ukraine will be reduced to cater only for business customers and the bank reduces aggressive expansion eastwards.

    Swedish alcohol retail monopoly, Systembolaget could start home delivery of alcohol
    Monday, 19 September 2011

    New evolution n the Swedish alcohol retailing is that which an order could be made at the local systembolaget shop or online and the strong beer or wine or spirit get delivered at home just as groceries are done these days

    A Satellite crashing to Earth next Saturday could fall on Sweden Saturday, 17 September 2011

    Around September 24, a dead satellite is expected to crash somewhere on the globe, according to NASA and it can land on Swedish soil.

    SEBanken want to save billions Friday, 16 September 2011
    Swedish giant bank SEB wants to tone down its perceived strong position by cutting down costs. It will keep costs unchanged at Skr24 billion until 2013.

    Sweden second best in IT country in the world

    Friday, 16 September 2011
    Almost every other person in the rich world is now carrying Internet in their pocket.

    Volvo truck sees growth in supplies as persistent shaky markets still have the zeal to grow

    Thursday, 15 September 2011
    Volvo-truck
    Good momentum in the U.S. and European market means that the Volvo Group's truck is showing a hefty delivery lift.


    The Chinese promised to invest Skr8 extra Billions in Saab

    Saab Automobile's Chinese partner, Youngman has really seen something unique about the brand and is working hard to keep the company.

    A Swedish Bank manager and three accomplices arrested and remanded for fraud

    A former manager of the Swedish bank,  Handelsbanken arrested suspected of having cheated at least some Skr9.5 million from his employer.

    Swedbank halt repurchase of own shares


    Alfa Laval wins Skr 100 million baby food order in India


    Gloom in an unclear Swedish jobs market as more layoffs announced


    Swedish city has some of the most expensive hotels