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.
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.
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.
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.
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.
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.
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.
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).
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.
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
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?
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.
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.
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.
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.
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.
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.
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.
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
year. 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…
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.
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?
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.
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.
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.
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.
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, 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.
Friday, 23 March 2012 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.
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.
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.
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.
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.
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.
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.