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. Last week, the minister in charge of government ownerships, Heidi Hautala announced the firing of six members of the board who had been responsible for sanctioning the bonuses.
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."
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.
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
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.
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.
Wednesday, 14 March 2012 The UK ethical equity fund, Ecclesiastical Investment withdraws from Norwegian Statoil for its "unethical" investment in oil sands projects.
Tuesday, 13 March 2012 It was the dream for many so called education entrepreneurs to start their own school and cash easily from the government based on the amount of students they have.
Finnair flight attendants are resisting further wage cuts after a recent scandal over big bonuses for the company's executives. The company's pilots will also look again at whether to continue savings talks.
Monday, 12 March 2012 As other European countries struggling with high unemployment Norway expects that nearly 70,000 more people will get jobs in 2012 and 2013.
Saturday, 10 March 2012 Many Swedish pig farmers have gone out of business in recent years. This means that seems to means that likeliness for more expensive pork in the stores.
Friday, 09 March 2012 Volvo Car Corporation and the Chinese owner Geely are launching enhanced technology cooperation, with a focus on new technology including electric and hybrid cars.
Bonus imbroglio threatens saving negotiations at FinnairFriday, 09 March 2012 Finnair cabin crew are upset about the revelation that the company's management received one million in bonuses while staff agreed to pay cuts to help the company to be maintained.
Thursday, 08 March 2012 The CEO of SCA, Jan Johansson had a good return on his bonus even last year. The variable payment landed at about Skr 5.4 million and together with his salary, he gets Skr14.4 million, according to the company's annual report.
Thursday, 08 March 2012 The Swedish state – owned energy company, Vattenfall, had received harsh criticism in Germany because the company neglected to report that they used steel drums which contained radio active component but it was not reported and no action was taken by the company to redress the issue.
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.
Tuesday, 20 March 2012 Ewa Björling, Swedish Minister of Commerce (left) and Jörgen Holmquist Director-General of Internal Market and Services at the European Commission. 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.
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.
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
Monday, 19 March 2012 Swedish municipalities have pension liabilities of Skr216 billion leading to nearly four in ten municipalities insolvent in under generally accepted accounting principles.
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.
Sunday, 18 March 2012 An increasing number of people living in Finland have a mother tongue other than Finnish, Swedish or Sami. In fact, the country will soon boast of a large number of non native speakers to the number of the current Swedish-speaking Finns.
Sunday, 18 March 2012 The argument has always been that big corporations will employ more people and contribute more to the state treasury in the way of increased tax intake. This is one of the reasons why Sweden is so observed with big corporations and would do all to pursue them weakly when it come to checking if they are paying their fare share of taxation…Right? Wrong!
Friday, 16 March 2012 Iceland’s remarkable economic turn around continue and the island country has now decided to repay some of its loans earlier that previously scheduled. This has to do with the repayment of its loan of Ikr116 billion or some Skr6.2 billion to the IMF and its Nordic neighbours.
Thursday, 15 March 2012 Nine out of ten graduates with economics and business background in Sweden today have jobs within the first six months even though the subject sector has been declared over -crowded.
Thursday, 15 March 2012 The U.S. processor giant, Intel is partnering in Swedish IT Company Tobii Technology through an investment of Skr143 million, reports technology newspaper, Computer Sweden.
Thursday, 15 March 2012 The notes from secret talks with Saudi Arabia sent in an unencrypted e-mail via a private hotmail account of an under-secretary at the Swedish Department of Defense.
Thursday, 15 March 2012 Fashion chain H & M sales in stores open at least a year by 2 percent in February. The increase is due to the extra leap day in the month. But analysts would still be happy because sales were better than anticipated.
Wednesday, 14 March 2012 Southern Swedish travellers prefer to use the Danish international airport at Copenhagen to travel abroad more than using their own local airport at Malmo Sturup.
Wednesday, 14 March 2012 A shrinking number of Finns believes in life after death, according to the research institute of Finland’s Evangelical Lutheran Church. A third of Finns say there is no hereafter, writes the Christian newspaper Kotimaa.
Wednesday, 14 March 2012 Almost half of the population in Oslo, the capital of Norway in 30 years will be made up of people with an immigrant background. Of those seven out of ten would have come from countries outside the EEA a latest report from statistic Norway show.
Tuesday, 13 March 2012 Mortgage ceiling which the Swedish government implemented to try and dampen the extraordinary rise in the Swedish house prices as well as to combat the astronomical rise of Swedish household debt has been determined to have worked. But work in what context remains questionable.
Tuesday, 13 March 2012 The warm spring weather may means that the electricity prices in Sweden will fall and February's price rise shock becomes a distant memory. Electricity prices in March are 50 percent lower than last year.
Tuesday, 13 March 2012 The Danish Prime Minister, Helle Thorning-Schmidt has made it clear that gays and lesbians may soon marry both in the town hall and church in Denmark.
Tuesday, 13 March 2012 The Swedish EU commissioner, Cecilia Malmström is unveiling a bill at the EU level that will make it easier for police to crack down on crimes across the EU. In so doing will hit hard on the earnings of criminals and thus confiscate their earnings from criminality.
Tuesday, 13 March 2012
Design with graphic input from Parliament and Departments How productive are politicians? This question is very important in the wake of news that more Swedish politicians and ex- politician fixed their lives for good with increased pays and benefits. This is similar to company’s bosses that pay themselves big bonuses irrespective of the performances of their companies.
Monday, 12 March 2012 Becoming an entrepreneur and starting ones own business is often one of the world’s top dream aspirations for many people but many still have it hard to dare take the step and many also need help to get started.
Monday, 12 March 2012 It has now emerged that many of the visual gun carriages and anti-tank missiles Saudi Arabia purchased from Saab in recent years came from the Swedish armed forces' arsenal.
Monday, 12 March 2012 The Social Democrats party in Sweden has taken a giant step up and increase it support by 7.7 percentage points to 29.6 in the new YouGov opinion survey, indicating that leadership and “stuck in the past” ideology was dooming the party.
Monday, 12 March 2012 News that Sweden is not a land of opportunity for some set of immigrants is not new but that things have not changed for many years remain strange as more and more children of deprived background live in abject poverty in city lock outs.
Saturday, 10 March 2012 It has become more common in Sweden that company’s top management have become intrusive into the personal lives of those they want to employ. This is something illegal but with the job market here almost collapsing, employers can break the law and still sue the employee on top of it.
Friday, 09 March 2012 Despite all the media wrangling, Swedish Prime minister, Fredrik Reinfeldt is reported to have approved the participation of Sweden in the construction of the weapons factory in Saudi Arabia.
Thursday, 08 March 2012 The Swedish Inspectorate for strategic products, ISP, has given the green light to a long list of weapons that different companies have sold and those which they want to sell to Saudi Arabia. Two of these weapons are identified to have been used against protesters in Bahrain.