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

Saturday, 31 March 2012
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.

Sony Mobile announces layoffs in Lund, Sweden

Tuesday, 27 March 2012
Mobile manufacturer Sony Mobile is laying off 150 employees in Lund, Sweden according to news reports in Sweden.

Volvo Heavy equipment Chief tracks strong growth in machinery

Tuesday, 27 March 2012

Strong global growth will give their construction equipment a boost, according to Patrick Olney, president of Volvo Construction Equipment, which according to current industry, he tracks growth in annualized revenues of Skr25 billion.

Volvo recalls 115 000 cars in Sweden

Monday, 26 March 2012
Volvocars corps recalls 115 000 cars of this year's model, 15,000 of them in Sweden, Volvo Cars says it has to do with defect that could affect the airbags feature.

Astra Zeneca's lawsuit in the USA get turned down

Monday, 26 March 2012
A U.S. court in the State of Colombia rejects Astra Zeneca's lawsuit against the FDA.

Japanese-Chinese consortium reportedly bid for Saab

Friday, 23 March 2012
A Japanese-Chinese consortium is now involved in the battle to buy bankrupt Saab automobile factory in Sweden according to reports.

Swedish pharmaceutical market getting tougher as pharmacies stretch hard to compete for customers

Friday, 23 March 2012
Two years ago due to intense pressure from the EU, the Swedish government allowed the operation of private pharmacies in Sweden, refracting from the domination of the Sate owned Apotek. 

GM plans close plants in Europe

Friday, 23 March 2012
The vehicle manufacturer General Motors (GM) is planning to close one or two car plants in Europe as part of a savings program to save the loss unit Opel / Vauxhall.

Nokia Siemens Networks cutting over 600 jobs in Finland as Nokia also cuts 1000 jobs

Thursday, 22 March 2012

Nokia Siemens Networks (NSN) is to axe no more than 624 jobs from its operations in Finland, the company said on Thursday. Also other repots say Nokia will reduce 1000 jobs in Finland.

Bayer CEO see Organic Growth as the most Important Target - reports

Thursday, 22 March 2012
Bayer AG (BAYN.XE) views organic growth as the chemical and pharmaceutical company's most important target, Chief Executive Marijn Dekkers told journalists late Wednesday in Duesseldorf.

War on the Swedish telecom market as Telecom giant Tele2 go after competing Network 3

Wednesday, 21 March 2012
It is hard for Swedish telecom companies to get customers these as such competition is fierce. It not led to a heavy price war, literally, but it has led to company “A” watching what company “B” is doing – very closely.

The factors that determine the price of gold as it looks to be more volatile

Wednesday, 21 March 2012

Gold prices have not kept up on a flying start when the stock market opened this year. According to analysts, the price of gold is in an "ambivalent position".

Victor Muller, would accept a jobs in Saab

Wednesday, 21 March 2012

Victor Muller believes that a Saab sale can still be realized. He is also open for a job in his old company.

Bonus payments tearing Finnair apart as six board members fired by the minister responsible

Tuesday, 20 March 2012
The Finnish airline, Finnair is in crisis after a series of revelations about secret million euro bonus paid to top officials while cutting services as well as a flat business. 

China demand for Iron ore is slowing

Tuesday, 20 March 2012
China's demand for iron ore has "slowed down". Growth in demand for iron ore used to make steel is reported to be falling to "single digits if not already occurred."

Stora Enso is investing big in China for Sustainable competitive differentiation in the world’s fastest-growing packaging market

Tuesday, 20 March 2012

Stora Enso plans to build a  plantation-based integrated paperboard and paper mill in the city of Beihai in Guangxi in southern China.

Securitas pays no corporation taxes for over a decade in Sweden as the government still weak in making a strong statement

Monday, 19 March 2012

For over a decade, the security company Securitas has been paying absolutely no income tax in Sweden.

A record number of trucks looted in Sweden by thieves

Monday, 19 March 2012

Last year, the number of thefts from trucks in Sweden was recorded by nearly 20 percent, according to figures from the police whom radio Sweden checked

Nokia design chief sees a revolution in the future use of mobile phones as market seem to be happy with Nokia

Friday, 16 March 2012
Nokia’s Executive Vice President of Design Marko Ahtisaari says in an interview with the Finnish business magazine Optio that he is looking for the next big leap in mobile user interfaces.

Volvo trucks doing well in a very increasingly diverse global market

Friday, 16 March 2012
Volvo Group's total truck deliveries rose 3 percent to 18 395 in February, compared with same period last year according to delivery statistics from Volvo, beating analysts expectations.

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.

Swedish government in persistent is approval rating as the opposition Red-green gain majority - poll

Friday, 30 March 2012
The Swedish opposition, Social Democrats would have its own parliamentary majority with the Green Party and Left Party if elections where to be held today according to latest opinion poll as the alliance coalition of the Prime Minister Fredrik Reinfeldt starts living is rejection

The feeling of lost strategy - how SEB became the smallest of the big banks in Sweden.

Thursday, 29 March 2012
Has SEB lost the plot by coming the smallest of the Swedish top banks in terms of market capitalisation? Is it down to strategy missed of just bad luck even though their CEO, Annika Falkengren is one of the best paid in the industry in the region?

Swedish defence minister, Sten Tolgfors resigns after pressures from Saudi Arabian arms deal got exposed

Thursday, 29 March 2012

Swedish defence Minister, Sten Tolgfors, has been forced to resign what is described in Swedish press “he departs on his own accord”, referring to the Swedish prime minister's press secretary.

Desperate Britain back in recession
Thursday, 29 March 2012
The UK economy will contract in the first three months of 2012, urshering the country back into recession, the Organisation for Economic Co-operation and Development (OECD) say.

Surprise improvement Swedish retail trade in February

Thursday, 29 March 2012
Swedish retail trade sales volume increased by 3.4 percent in February compared to the same month last year official data show.

Explosion-threatening plateform where there is continued gas leak

Wednesday, 28 March 2012
A race against time and the weather is taking place in the North Sea, where the gas platform "Elgin" may explode.
Attempts to seal the leak is taking place in the shadows of the oil company BP's platform disaster in the Gulf of Mexico two years ago.

Racial problems in Malmo, Southern Sweden blamed not of the Mayor, Reepalu. No! “Blamed Mona Sahlin”

Wednesday, 28 March 2012

There is more racial tension in Malmö, Sothern Sweden than any other part of the country, Sweden. But as Malmo's most famous politicians, Mayor, Ilmar Reepalu (Social Democrats), is confronted about the break down racial cohesion and trust in the town, he has instead turned and blamed the Social problems on the former Social Democrat leader, Mona Sahlin.

Norwegian authorities warned violence if Mullah Krekar is detained

Wednesday, 28 March 2012

The former leader of the Islamic Council in Norway, Shoaib Sultan, warned that radical Islamists may be willing to commit violence in the country as a result of the arrest of the of  suspected terrorist Islamist leader Mullah Krekar this afternoon after he had made murder threats to many people on an internet chat site.

Looks strong but feeling weak – Swedish businesses and households barometer show a rise in positive perception

Wednesday, 28 March 2012

The so-called Swedish barometric indicator, which measures the total mood and the state among businesses and households in Sweden rose firmly in March.

New agreement provides wage increases for electrician

Wednesday, 28 March 2012
20 000 electrician would received on Tuesday a new collective agreement. The agreement provides a wage increase of 2.6 percent with effect from April 1.

Sales of non prescription drugs gradually

making a great impression in the Swedish supermarkets

Wednesday, 28 March 2012
Pharmacies in Sweden have lost 20 percent of the market for non prescription after deregulation of the pharmacy market two years ago.

Youth Unemployment in Sweden and the effect of poor political judgement

Wednesday, 28 March 2012
Youth unemployment is perhaps Fredrik Reinfeldt's the worst headache as prime minister. Reports show that trends in the past five years has been the worst in the municipalities run by the bourgeois parties.

Bully tact and lack of strategy force Swedish Telecom operators to want to block Skype usage

Wednesday, 28 March 2012
Swedish telecom operators are looking for ways to stop their customers from making free calls via services such as Skype and Viber. "We must take payment," said Charlotte Züger at Telia to radio Sweden.

Swedish plutonium secretly set sails to the U.S.A

Tuesday, 27 March 2012
Three kilograms of plutonium recently left Sweden to an address in the United States. The high safety rated products was shipped across the Atlantic in a hitherto secret cooperation with the United States, said Swedish Foreign Minister Carl Bildt.

Nordea feels that the Swedish economy will start to grow in the second half and Scandinavian economies will improve

Tuesday, 27 March 2012
Sweden's economy will start growing again from the middle of 2012, after a weak start of the year. The labour market will lag behind and situation is tipped to improve slightly until next
More on How government make polices – Youth unemployment in Sweden – Did expensive government policy helped create jobs for the youths?
Tuesday, 27 March 2012
As the Swedish youth continue to bask in persistent unemployment and with not sign that the situation will improve soon, the Swedish government has engage in various forms of reforms so as to ignite a means for them to get into employment. That reform has been very costly but has it assisted the youth into a form of jobs situation? Answer: Nope…

Interest rates for Swedish household loans continues to fall

Tuesday, 27 March 2012
Households' loans from Swedish monetary financial institutions (MFIs) showed decreasing interest rates in February. This explains the tendency where less loan are being demanded according official data and report.

How politician and governments make policies

Monday, 26 March 2012

The British economy has stagnated and the Prime minister, Cameron has deviated from many previous pre-election promises. Then it emerge that his party collects lots of money from very wealth people to give them access to him and to enable them influence government policy. This has given us a thought and we have asked the question - how do governments democratically make policies?

The pain of paying the high Swedish taxes as Local authorities accused for attempts to avoid taxes

Monday, 26 March 2012
It's not just private equity firms that are trying to carry out tax planning to avoid the high Swedish taxes, No! Municipal and counties are also working hard to avoid paying taxes through various tax planning mechanisms. In a review carried out by the Swedish Tax Agency some 25 municipal corporations had been rejected their interest deductions.

Swedish latest research points to future battery made of wood for sustainable energysolar-panel

Monday, 26 March 2012
There is still a vacuum in the a growing technological sector - lack good storage capability for electricity generated from solar and wind power so that it cane be used in a future time as needed for example, during nights and still days.

Where north meet south: New Zealand Minister labelled Finns: uneducated, unemployed

Sunday, 25 March 2012

An interest row has broken between New Zealand and Finland as New Zealand Transport Minister, Gerry Brownlee, described the Finns as a nation of uneducated, unemployed people with a high murder rate and little respect for women, in a recent parliamentary debate. The Finns have reacted in an angry manner.

Liberalisation fastest in Sweden than anywhere else in the developed economies

Saturday, 24 March 2012
Sweden is one of the few advanced economies where liberalization has been the fastest in the world in terms of deregulation, privatization and reforms on choice, a think tank, The Heritage Foundation said.

Swedish Lundin Oil company associated to the government linked to warlord in Sudan

Friday, 23 March 2012

Source: Aftonbladet
Another embarrassing information has emerged to confirm the strength of the Swedish oil company, Lundin petrolium, in the conflict in Sudan in which the company was accused to participate in the death of many people.

The Jewish community in Malmö fear for their lives as the Mayor Reepalu shows that he is not interested in protecting them.

Friday, 23 March 2012

The Jewish community in Malmö, southern Sweden have lost all trust in their Mayor, Ilmar Reepalu. This is confirmed and supported by a letter the top authorities of the Jewish leadership in Sweden wrote to the leader of the Swedish Social Democrats party earlier.

Mass mistake or just plain inefficiency – how would twenty doctors missed spotting a cancer tumour that led to a patient to die

Friday, 23 March 2012cancer
Although the man was examined by at least 20 or maybe as many as 30 doctors they failed to discover his cancer of the oesophagus until it was too late. The man died a few weeks after it was discovered.

BAE Systems opens a fighter jet plant in Lancashire, UK

Friday, 23 March 2012
BAE Systems opens a new £150m ($240m) facility later to increase US F-35 jet fuselage production by extending its site in Samlesbury, Lancashire….reports the BBC

Margot Wallström Joins University of Lund in a new high-profile job

Thursday, 22 March 2012
Margot Wallström is reported to succeed Allan Larsson as Chairman of the Board of Lund University in a new high profile job for the Swedish heavyweight.

Swedish households continue to be cautious – fall in borrowing and increased savings

Thursday, 22 March 2012
Swedish households continue to be prudent in their choices of financial savings. During the fourth quarter last year households chose safer savings in the form of bank deposits and investments in bond and money market funds.

Tables PCs sell better those desktop PCs in the Swedish computer market

Thursday, 22 March 2012

Sales of surf boards in Sweden have doubled in one year such that at this moment, more internet plates are sold than desktop computers and net books. Apple still dominates the market.

British Royalty visit Sweden to help us learn

more about Social and cultural Integration and Environmental protection

Wednesday, 21 March 2012
British Royalty, Prince Charles and his wife and Duchess Camilla are travelling around Scandinavia on the behalf of the 60th anniversary of Queen Elizabeth.

Swedish household wealth fell in 2011

Wednesday, 21 March 2012

Falling home prices, higher interest rates and rising debt has eroded the Swedish people’s wealth. Last year it decreased by as much as Skr514 billion.

Foreign tourism to Sweden not as strong as previously thought

Wednesday, 21 March 2012

The Swedish tourism industry had believed in 2009 that tourism in Sweden would have doubled in turnover terms to Skr500 billion by 2020. It turned out that the figure had been an unachievable dream because tourist is not flocking to Sweden and the Swedish authorities thought.

More Swedish people die from Skin cancer than from road accident – a new study shows

Wednesday, 21 March 2012
Summer, sun - and skin cancer, this is the routes that lead to more Swedes evolving to their death. Although the Sun is a known risk factor leading to the development of skin cancer, Swedes continue to sun bath much as before. This year, 500 Swedes died of malignant skin cancer, more than they die in traffic, according to the Swedish Cancer Society.

Swedish football superstar, Zlatan sell house in Malmö and emigrate

Tuesday, 20 March 2012

Even wealthy Swedish star such as Zlatan Ibrahimovic have decided to leave Sweden. He is selling his house in his home town of Malmö and will move aborad and set up base some where else.

Criticism of new Swedish business with Saudi Arabia

Tuesday, 20 March 2012
Sweden has tried to sell a comprehensive monitoring system to Saudi Arabia, media reports in Sweden say. This has ignited more criticism for that Sweden is gradually looking at weapons export as its main economic stay.

Ewa Björling, Swedish Minister of Commerce (left)  and Jörgen Holmquist Director-General of Internal Market and Services at the European Commission.

Sweden leading the way for increased arms exports – another report show

Monday, 19 March 2012

Swedish arms export increased significantly more than average, according to a new report by the Swedish Peace Research Institute, SIPRI. The report also shows that Syria has increased its arms purchases many times over.

See also : Sweden’s arms exports hit record and the lucrative sector become Sweden main economic driver

How much do big Swedish companies' managers earn?

Monday, 19 March 2012

Earnings of head of Swedish Giant Corporation exposed in a different way by Swedish daily, Dagens Nyheter as questions about corporation tax payments in Sweden rage  on. See list and worth

Political wrangling in the U.S. could threaten the Norwegian's aircraft Purchase - reports

Sunday, 18 March 2012
Norwegian budget airline, Norwegian has announced that it was to make a purchase of a large number of planes from the USA but the company now fears that the political wrangling in the USA could affect the aircraft purchase business.

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