The Quotes are powered by

Front Page / Headline News


News Feed

Business video Feed

Finnish main News Feed

An Insider guide to the Icelandic capital Reykjavik and its surroundings

Tuesday, 17 September 2013Iceland
Iceland/Image from Granscole
Almost every body knows that Iceland and its capital city, Reykjavik is a wonderful place, but it has remained questionable as to how many people have really been there? However, Business Insider has sent someone there and he has this story to tell and these pictures to show. Check this out

A look at the New Saab carsImage: Saab united

SaabImage: Saab United

SCA Net Profit Rises Amid Higher Prices and Cost Savings

Friday, 18 October 2013

Swedish hygiene products and tissue producer Svenska Cellulosa AB, or SCA (SCA-B.SK) Friday reported rising third quarter profits compared with a year ago, and said its cost savings programs are progressing according to plan - Details from Dow Jones Newswire/ADVFN

TeliaSonera reports better than expected profits

Thursday, 17 October 2013telia
Swedish-Finnish telecommunications operator, TeliaSonera reports a profit before tax of Skr6.378 billion for the third quarter. That compares with profit of Skr5.785 billion kronor a year ago. Read more from Bloomberg News

Kongsberg Automotive wins EUR 25 Million contract in China & UK

Thursday, 17 October 2013
The Interior Business Area has recently won a significant contract for a new generation of seat actuators within its Light Duty Cable business unit.

Atlas Copco buys U.S. oil and gas service business

Thursday, 17 October 2013
Atlas Copco, announced that it has purchased the operational assets of Archer Underbalanced Services, a leading service provider of down-the-hole hammers, drill bits and compressed air packages to U.S. land-based oil and gas drilling companies.

Volvo closes cab production in Umeå, Sweden as it shift production

Thursday, 17 October 2013volvo
The Volvo Group announced that it has made a directional decision to implement changes in the European industrial structure for truck manufacturing.

Volvo debuts world's most beautiful electric car charger at V60 Plug-In Hybrid launch – New York daily News

Thursday, 17 October 2013volvoVolvo
Along with the world's first plug-in diesel hybrid, the Volvo V60 Plug-In Hybrid, Volvo also debuted what might be the world's most beautiful electric car charger at an event in Milan, Italy, reports New York daily News.

Danish Fraud Squad accuses eight bank chiefs of manipulating the market and earning big

Wednesday, 16 October 2013
Eight former bank executives are accused of market manipulation in Denmark worth some Dkr 6.9 million a legal prosecution just open was made public today.

Clothing giant H&M see sales fall

Tuesday, 15 October 2013

In September 2013, H&M Group total sales including VAT in local currencies increased by 7 percent compared to the same month the previous year. Sales in comparable units decreased by 2 percent.

Ericsson Declines as Barclays Warns on Earnings: Stockholm Mover

Monday, 14 October 2013barclays
Investment bank Barclays warns of tougher times ahead for Ericsson, but it tracks that on the flipside it brightens on rival Nokia - Bloomberg News.

Atlas Copco completes acquisition of Synatec

Monday, 14 October 2013
Atlas Copco, announces that it has closed the acquisition of Synatec, which provides quality improvement solutions mainly to the automotive industry.

Fake news about Samsung-buying a Swedish company brought confusion on the Swedish share of rushing

Friday, 11 October
A scandal has occurred in the morning during trading period in the Stockholm Stock Exchange that has brought intense confusion and consternation to the market.

Some 13000 Finn flee from Nokia profolio

Thursday, 10 October 2013Nikia
Over 13,000 Finns have gotten rid of their Nokia shares after Microsoft usurped the company. 

Fall in the price of grain but how will that be translated to the price for food

Tuesday, 08 October 2013wheat harvest
Improved harvest means that grain prices has had to fall. Over time, this should mean lower food prices but here in Sweden it will take some time for that to be realised.

Alfa Laval wins SEK 70 million vegetable oil order in Brazil

Friday, 04 October 2013
Engineering solutions and heat Transfer Company, Alfa Laval announces that it has won an order from a vegetable oil plant in Brazil.

Saab sells Acro seats to Norway

Thursday, 03 October 2013saab
Defence and security company Saab announces that it has received an order for new Acro seats in Braathens Regionals 340/2000 fleet, and thereby will Braathens Regional be the launch customer for the modification.

Norwegian, the airline company wants to launch a new airline

Wednesday, 02 October 2013Norwegian
Norwegian Airline Company, Norwegian has applied to start a new airline company from the Norwegian Civil Aviation authority.

Alfa Laval wins SEK 60 million-brewery order in Ireland

Wednesday, 02 October 2013
Alfa Laval announces that it has won an order to supply equipment to Diageo, a premium drinks manufacturer and owner of brands such as Guinness.

Nokia says India freezes some assets in tax dispute

Tuesday, 01 October 2013Nokia
Indian authorities have frozen the equivalent Skr4.1 billion ($333 million) of Nokia's assets in a tax dispute with the company. Details from Reuters

Ikea to sell solar panels in the UK

Monday, 30 September 2013solar panel
Swedish furniture giant says customers 'want to live more sustainably'- The Independent

Swedish AP funds defects from investing in American chain, Walmart

Monday, 30 September 2013Walmart
Swedish wealth fund, the AP Fund which manages Swedish pension money, is not satisfied with the U.S. retail giant, Walmart's treatment of its employees. As such the fund is withdrawing its investments on from Wallmart.

H & M's Sales rose 12 percent in the 3rd quarter

Thursday, 26 September 2013H&M
H & M 's sales in the quarter rose 12 percent in the 3rd quarter, measured in local currencies compared to the same month last year. Same-store sales increased 2 percent.

Volvo in saving mood as it launches austerity program that could affect 500 Swedish jobs

Tuesday, 24 September 2013Volvo

The Volvo Group has decided to combine a number of actions into a Group-wide efficiency program. The program will cost Skr5 billion, but the truck manufacturer refuses to disclose how many jobs will go.

Nokia gave false information on Elop’s contract - Reports

Tuesday, 24 September 2013Stephen Elop (left) and Microsoft CEO Steve Ballmer
Stephen Elop (left) and Microsoft CEO Steve Ballmer
Finnish media houses are reporting that the terms on the contract that engaged former Nokia CEO Stephen Elop contained false information.

Saab group announces jobs cuts Göteborg - efficiency measures

Monday, 23 September 2013Saab
Defence and security company Saab announces that it is to reduce its headcount by 150-175 employees within Business area Electronic Defence Systems in Gothenburg, Sweden.

Who was behind the IT collapse that brought down Swedish rail operations on Thursday?

Sunday, 22 September 2013SJ
We reported last Thursday on a cyber attack that brought the Swedish rail company, SJ, to a stand still. It emerged that a group of 16 years old Swedish kids have claimed responsibility for the attack.

Nordic giant bank, state owned Nordea accused on helping African dictatorship

Tuesday, 17 September 2013Nordea
The Nordic regions biggest bank and part state owned, Nordea has been accused of assisting an African dictatorship transfer and hide wealth in their bank's branches.

Ryanair in a ten-year deal with Stansted Airport that may result in some 7,000 new jobs being created.

Monday, 16 September 2013Ryanair
The Irish budget airline Ryanair has agreed a ten-year major venture with London-Stansted, airport which can generate up to 7,000 new jobs a

Danske bank forces out its CEO as Management change eminent in the bank

Monday, 16 September 2013Danske Bank
Danske Bank's Board of Directors has appointed Thomas F. Borgen as new CEO of the company, replacing Eivind Kolding whom the board thinks he does not have the required qualities to continue the banking operations.

Sales Growth for Fashion company H&M

Monday, 16 September 2013H&M
H&M Group total sales including VAT in local currencies increased by 14 percent in August 2013, comparatively.

Property company, Fabege invests in new podcast studio in Luma, Hammarby Sjöstad

Friday, 13 September 2013
In the past year, the podcast format has become very popular and Fabege is now opening a recording studio in Hammarby Sjöstad.

Atlas Copco again on Dow Jones Sustainability Index

Friday, 13 September 2013
Atlas Copco, a leading provider of sustainable productivity solutions, was included in the Dow Jones Sustainability Index for 2013/2014.

Swedish housing market over heating – would affect the economy

Friday, 18 October 2013housing
There are already talks of the Swedish housing market overheating. Reports on Swedish television hold that the temperature of the housing market in Stockholm in particular has risen to boiling levels.

Growth of Anti-semitism lead to the flight of Jews from Denmark

Friday, 18 October 2013The Danish Jewish Museum recently mounted an exhibition commemorating 40 years since the Polish immigration, the last significant group of Jewish immigrants to arrive in Denmark.
The number of people registered as Jews in Denmark has fallen by 25 per cent in the past 15 years, as the explosion of Anti-Semitism lead to the flight of Jews, according to Finn Schwarz, the president of the Danish Jewish community, reports JTA, the global Jewish news.

Iron Age pillars found in Uppsala, Sweden - Independent

Friday, 18 October 2013
Archaeologists in Sweden say they have unearthed the remains of unusually large wooden monuments near a pre-Viking burial ground writes The Independent

The Moderate party of Prime Minister Fredrik Reinfeldt is planning Red – Green killer as the election nears

Thursday, 17 October 2013
General elections in Sweden is nearing and the current incumbent Prime Minister, Fredrik Reinfeldt, is looking for ways to turn his party and coalition’s current low ratings into victory. As he has been trying to make some political turn around, he seems to have finally stumbled upon what could be described as a Red – Green killer.

Norwegian new prime minister, Erna Solberg presents her new ministers

Wednesday, 16 October 2013New Norwegian Prime Minister, Erna SolbergNew Norwegian Prime Minister, Erna Solberg / Granscole
The New Norwegian Prime Minister, Erna Solberg was this morning presenting her government ministers. The leader of the Progress Party, also known as the far right party, Siv Jensen becomes as expected, Norway's new finance minister.

Sweden Girds for Unprecedented Disruption to Dollar Flows Bloomberg News

Wednesday, 16 October 2013Ander Borg
Sweden is bracing itself for a U.S. default and will ensure its financial system has access to dollars in the event markets are disrupted, Finance Minister Anders Borg said, reports Bloomberg News.

Violent crime is falling in Sweden and across the western world – a Swedish compilation

Wednesday, 16 October 2013Police
The amount of violent crimes in Sweden and the world is falling as many murders and street violence is decreasing. In 2012, 62 people were killed in Sweden, it is half compared to the late 80s.

The Swedish prime minister and his government accused to satisfying it base rather than building for the future

Wednesday, 16 October 2013Social Democratic, Mikael Damberg, representing the Social Democrats as the party leader Stefan Löfven not parliamentarian.
Social Democratic, Mikael Damberg, representing the Social Democrats as the party leader Stefan Löfven not parliamentarian.The Swedish government has been accused of playing to its based – the working class and big businesses by borrowing up to 20 times to fund tax cuts rather than invest in good schools and improved education systems.

Production for the Swedish business sector up in August more than expected

Tuesday, 15 October 2013Production
Swedish business have seen their production increased by 1.0 percent in August compared to July in seasonally adjusted figures.

Economists Foiled by Guidance Pioneered by Riksbank – Bloomberg News

Tuesday, 15 October 2013Swedish central bank
The Riksbank has topped transparency studies for almost a decade. Now, Scandinavia’s biggest bank is faulting policy makers for confusing markets. More from Bloomberg

Norway Heats Up as Wealth Fund Nears $1 Trillion: Nordic Credit

Tuesday, 15 October 2013Norway’s incoming Prime Minister Erna Solberg
Norway’s incoming Prime Minister Erna Solberg / Granscole
Norway’s incoming Prime Minister Erna Solberg will have no shortage of cash for her campaign promises. The question is: how much does she dare use?- Bloomberg News

Far right Swedish politicians advocate child labour as a tool to end poverty in the world

Tuesday, 15 October 2013sweden democrats party
Swedish far right politicians from Sweden Democrats have come under intense fire when they propose that there should be increased conscription of children into the workforce as a means to reduce poverty in countries.

Three Americans win Nobel Prize in economics

Monday, 14 October 2013
Swedish television
Three Americans won the Nobel Prize in Economics for their analysis of financial assets

How a small aircraft almost collided with a paragliderVideo

Monday, 14 October 2013
A paragliders almost collided with a small aircraft in Sweden on Saturday, caught clean and clear on tape. The heart ranching near miss took place outside Enköping in Sweden.

Danish champion of environmental protection travelled first class around the world

Monday, 14 October 2013Lars Løkke Rasmussen, former Danish premier
Lars Løkke Rasmussen, former Danish premier / Granscole
A storm is brewing around the former Danish prime minister, the Venstre or Liberal Party leader, Lars Løkke Rasmussen. As chairman of the Danish partially state funded environmental organization, Global Green Growth Institute (GGGI), he has flown around the world on the most expensive flight tickets possible.

Sweden: Housing shortage hampers growth in metropolitan areas – something new?

Monday, 14 October 2013New housing
Where to live or, to put it plan, how to get a house to live in while going to work or while looking for work in three Swedish major cities has becomes almost impossible. If the houses are not exorbitantly expensive such that it is impossible to get a mortgage, the houses would not be there for one to either buy or rent. As a result, business authorities feel that such feat will stifle economic growth in Sweden in the long run.

Putting up the widow curtain early as the Swedish left party leader starts selecting which ministerial post he would hold

Sunday, 13 October 2013the lef party leaderLeader of the Left Party Jonas Sjöstedt
The Swedish general elections is still some months away but some political forces and personalities have started juggling for position. This is true with the leader of the Left party Jonas Sjöstedt who has two ministerial posts he would be interested in.

Russia jet fighters continue to taunt Sweden – provocation?

Saturday, 12 October 2013Sukhoi Su-34 Fullback / Airpower Australia
Russian fighter jets continue to tease Sweden by making surprise fly-by very close to Sweden, around the Baltic region and this time they have done it again with their new heavy attack machine the Su-34 Fullback.

And the Nobel Peace prize goes to The Organisation for the Prohibition of Chemical Weapons (OPCW)

Friday, 11 October 2013
The Organisation for the Prohibition of Chemical Weapons (OPCW) wins 2013 Nobel peace prize, the Nobel committee announced a few hours ago.

The Swedish conservative government's tax policy reminiscent of all conservatives politics - make the rich richer

Friday, 11 October 2013Fredrik ReinfeldtFredrik Reinfeldt, leader of the Conservative party address supporters in the Summer
More than 25 percent of the Swedish government's tax cuts and other initiatives programmed for next year will go to the tenth of the population who earn the most. A news analysis out today which has been examining the effects of the new government tax policy made that assertion.

The wealth Sweden don’t know what to do with – help sought in spending Skr5 billion

Friday, 11 October 2013Swedish Krona
The Stockholm County Council has Skr5 billion at its disposal but is finding it hard to spend it. Now the County council’s finance Commissioner, Torbjörn Rosdahl is appealing to the local governments and the country to come up with ideas and helpful solutions on how to spend the money.

Two Swedish banks finance nuclear weapons

Thursday, 10 October 2013
Swedish banks, SEB and Handelsbanken are said to have provided financing for nuclear industry by presenting themselves as favourable lenders to new investments.

Four stabbed in a school in Finland

Thursday, 10 October 2013
Four youths have been stabbed at the Myllytulli vocational school in Oulu, Finland on Thursday morning. The suspect is a 16-year-old male student from the school.

Poverty is exploding in Europe and the Swedish dream tends to be a failed dream for the European influx

Thursday, 10 October 2013Begging
Austerity was said to be a tool that would revise the economy and within a very short time, turn the dying and troubling economies to growth. But that economic postulation has led to an explosion of hardship in a supposedly rich part of the world to beyond explanation.

Fewer children are dying in Sweden as the Swedes generally feel physically happier than previously thought

Thursday, 10 October 2013  children
Better healthcare and rear-facing car seats are some of the reasons why there has been a strong reduction in child deaths in Sweden. This has fallen by 20 percent in 15 years, and it is being seen as a positive development. This comes after a survey also show that Swedes are feeling more physically better than previously thought.

And the Nobel Prize for chemistry goes to ...

Wednesday, 09 October 2013 Image: Swedish television

Cyber Chemists Martin Karplus, Michael Levitt and Arieh Warshel have been awarded this year's Nobel Prize in Chemistry for the development of multi-scale modeling of complex chemical systems and virtual chemistryexperiments in the world of computers. Detail from the BBC

The Nobel Prize for Physics award was an hour late due to internal brawl

Wednesday, 09 October 2013Swedish television
There was a clash and altercation between the members of the awarding committee yesterday as they were about to announce the winner of the Nobel Prize for Physics.

The Swedish government could have given its fighter jets to Switzerland for nothing

Wednesday, 09 October 2013Saab Gripen
As the Swedish government has been working extremely hard to sell its Gripen fighter jets to Switzerland, and as it look like the deal has gone through, it is emerging that the deal in Switzerland could be worse for the Swedish government than has previously thought, in financial terms.

Finland keep education attainment high with high adult PISA score whereas Sweden slop Denmark and Norway hold middle table

Tuesday, 08 October 2013Educations
Finland is known for its impressive educational attainment on the global stage and this impression continues to hold.

Middle managers in Swedish listed companies being pushed to be stronger and riskier decision makers.

Tuesday, 08 October 2013
Hard economic times call for harder resolves and managers who can take quick decision to meeting the challenging business environment. This the route being carved out by Swedish list companies thus leaving behind their consensus management model.

Post natal depression also rife in father, a new Swedish study show

Tuesday, 08 October 2013father
It had concentrated on the mothers since she carried the foetus, give birth and later breast feed the baby but a new study is also linking fathers to post natal depression.

Southern Sweden finally becomes Sweden's economic growth motor

Tuesday, 08 October 2013OresundÖresund region in graphic / Granscole
Swedish economic growth will continues to push slowly along the bottom, through this year. However, Southern Sweden has its own wheels, which are spinning very fast and its emerging as the Swedish economic motor.

More young Swedish men pour into Syria to fight - Could western hypocrisy be blamed?

Tuesday, 08 October 2013fighting in Syria
They are here in Sweden, just as in the Nordic countries and most of western Europe  but don't feel at home and when the opportunity emerge for them to air out their frustration, they take the option which unfortunately is also extremely dangerous.

Sweden should sought out that unspoken exploitation of foreign workers

Tuesday, 08 October 2013
It is now becoming clear that Swedish companies, which used to show some ethics, are now becomes extremity dangerously exploitative, especially to guest workers from third world countries.

Swedish debt office excited and to raise tax collection forecast as the central government finance continues to improve

Monday, 07 October 2013taxes
State tax revenue has been 10 billion higher than expected for the past four months. The Debt Office is not raising its forecast for the tax collection.

A news research exposures Sweden's hidden and untold slavery and slave trade history

Monday, 07 October 2013Swedish slavery history unmasked / Swedish Television
New historical facts have emerged to show that Sweden was also as cruel as other European and Arab slave trade dealer countries in their treatment of the black slaves they bought from Africa.

Swedish Politics: How the American election debate style is shaping Swedish politics

Monday, 07 October 2013Swedish political leaders debateSwedish political leaders debate / Swedish television
When compared to the American presidential style debate, or even the British "Question to the Prime minister" - style debate in the British parliament, Swedish political leaders' debate has always been ignore as being boring and less charismatic in nature.

Education business: Lund University leads in attracting international fee paying students most among Swedish universities

Sunday, 06 October 2013lund university
It is the most highly ranked Swedish university in the world university league table and that high ranking is paying off as Lund leads in the amount of international fee-paying students coming to study in Sweden

Shock of almost impossible house rents rise in Swedish major cities

Sunday, 06 October 2013swedish housing
Will Sweden continue to lead in economic and business competitiveness? The answer to that question has come under intense pressure recently when it emerged that it is almost impossible for a professional to rent a house and condominium in the Swedish biggest cities and their immediate peripheries.

Thousands of Swedish pensioners hit with manipulation in savings

Sunday, 06 October 2013Swedish pensioners
A large tangle of investment fraud is being rolled up by the Swedish Economic Crimes Bureau, which will have heavy consequences on pensioners who had hopped to have been involved in a form of attractive savings.

Swedish Politics: Swedish Workers' Union, LO craves the Left party in government

Sunday, 06 October 2013Left party Leader
Should the Social Democrats lead a new Swedish coalition government after the next forth-coming election, the Swedish workers union, LO craves to see the very left leaning - Communist-facing party in government.

Swedish Politics: The Red-green coalition cruising in opinion polls as they keep their lead to the finish line

Sunday, 06 October 2013
Source: Swedish Television
The Social Democrats, The Green party and the Left party, other wise known as the Red Green coalition continue to keep their lead in the Swedish voters minds as their support for theses parties and the coalition remain robot as election draws closer.

Swedish pensioners earn the same as 28 year olds

Friday, 04 October 2013elderly
The Swedish pensioners have been found to be more economically viable and despite economic stagnation which has stripped the youthful population of their incomes. It has been accounted that their earnings stand similar to those of able-bodied 29 years old workers.

Northern Swedish town of Umeå captures the limelight with 800 new IT jobs

Friday, 04 October 2013IT
The Umea IT industry is expanding and has started attracting many professionals. It is reported that nearly 800 new jobs have be created there over the past seven years.

Russia stops Swedes from adoptions of Russian children blaming homosexuality

Friday, 04 October 2013adoption
A new Russian law has come into effect, which bars countries that allow same sex relationships from adopting children in Russia. As such, Sweden has been told by the Russians that they cannot adopt Russian children given that same sex relationship here is legal.

Swedish urged top foreign universities to set up shop in Sweden

Friday, 04 October 2013Harvard UniversityHarvard University / Facebook
Officials from some Swedish business leaning organisations are calling for improvements in rules so that more and more of the best universities in the world could open branches in Sweden just as they are doing in other countries.

Fall in the value of the Norwegian Krone driven by weaker finances

Thursday, 03 October 2013

The Norwegian krone has weakened firmly against the Swedish krona in the past six months. When currency trading closed yesterday, the price stood at Nkr1 to Skr1.06, representing the lowest exchange rates this October, and also the lowest in six years.

The Swedish Social Democrats have been identified as leaders of ideas, as the election gets closer

Thursday, 03 October 2013Social democrats
The Social Democratic party in Sweden  have an advantage over their Conservative Moderate counterpart when it comes to design and presentation of important policy issues that affect voters as the elections gets nearer.

Finnish Financier, Wahlroos warns that the Euro is the biggest problems for Europe

Wednesday, 02 October 2013
euro The Finnish Financier, Björn Wahlroos who is the chairman of Nordea, is warning that one of the biggest problems facing Europe today and the world is the European single currency, the Euro. According to him, the strength of the currency makes no sense for business.

Swedish car sales improving better than thought

Tuesday, 01 October 2013new car registration
The Swedish car sales seem to have taken off in earnest after the summer.
According to the industry organization Bil Sweden's sales statistics presented today, sales increased by more than eleven percent in September this year compared with the same month last year.

Swedish PMI shot up September indicating a stable industrial climate

Tuesday, 01 October 2013Swedish PMI rose
The Swedish purchasing managers index (PMI) rose by 3.8 index points to 56.0 in September, and all constituent sub-indices contributed to the rise.

Moody's announces the credit strengths and challenges that drive the positive ratings of Denmark, Finland, Norway, and Sweden

Tuesday, 01 October 2013Moodys
The Aaa ratings and stable outlooks for Denmark, Finland, Norway and Sweden are driven by shared strengths and a sustained economic resilience relative to most other Aaa-rated peers.

Norway succeeds to form a government somewhat.

Tuesday, 01 October 2013
The Conservatives in Norway have finally succeeded to form a government with the Progress Party, Norway's Conservative leader Erna Solberg said yesterday.

Far right party, Sweden Democrat bent on curbing immigration to Sweden to save Skr118 billion

Monday, 30 September 2013sweden-democrats
The Swedish far right party, Sweden Democrats want to curb immigration to Sweden and feels that there is a possibility that such move will save the country Skr118.2 billion. 

New Swedish approach in cancer treatment treated without surgery

Monday, 30 September 2013Breast operation
Swedish researchers have developed a method described as a revolutionary model for cancer treatment with the use of intense heat into the tumour. This model is a treatment of breast cancer, which requires no surgery

Opposition coalition, the Red-Green maintain their position as they drive hard towards office in Sweden

Monday, 30 September 2013Social Democrats
The feeling that Sweden will have a brand news government in 2014 continues to remain strong after a new poll out shows that the Red-Green opposition coalition continues to hold their ground in voters' support with 51.7 percent.

Despite all fears, the amount of Somali immigrants to Sweden fall

Sunday, 29 September 2013migrationsverket
Despite fears from various sections of the Swedish society, the amount of Somalis who want to come to Sweden after an immigration rule change recently, related to family reunions, has really dropped.

Pressures in the Swedish healthcare system as hospital beds become scarce.

Saturday, 28 September 2013hopitals
There are 2,400 fewer hospital beds in Swedish hospitals today compared to ten years ago, according to figures from the Swedish Association of Local Authorities and Regions (SKL).

Øystein Løseth, boss of Swedish Energy giant is seeking a new job career

Friday, 27 September 2013 / updated Saturday, 28 September 2013

Øystein Løseth, boss of Swedish Energy giant VattenfallCEO of Vattenfall, Øystein Løseth
The board of directors of the Swedish energy giant, Vattenfall will be in discussion soon about the future of the company's CEO Øystein Løseth. This comes after the Swedish business daily reports that he has signalled that he will not renew his contract with the company.

Former CEO of Swedish pension Fund Company, paid himself well and provided himself with a great pension

Saturday, 28 September 2013Anders Wiklander
The board of Directors of the property company, Norrporten owned by the Swedish wealth management company AP fund, is making a complaint about its former CEO, Anders Wiklander, for fidgeting with the company's account for his own self interest.

The Swedish government want to continue to sell more of its state owned companies

Friday, 27 September 2013Telia
The Swedish government is bent on selling more of its company stocks, the Financial Markets Minister, Peter Norman made that clear.

Swedish newspapers corporations making massive looses

Friday, 27 September 2013Swedish media
The big Swedish corporations, those that own Swedish newspapers are making money but not as it supposed to have been. Corporations in the newspapers business in Sweden are making losses.

Tax havens alive and kicking as over 200 Danish companies are registered in tax havens

Thursday, 26 September 2013Guernsey, Channel Islands one of the chronic tax havens used by Danish companies
Danish Ferry Company, BornholmerFærgen, luxury Gift Company, Georg Jensen and Bianco Shoes, are example of Danish companies that are registered in tax havens. They lead some more than 200 Danish companies that have whole of part of their ownerships in various tax havens.

Swedish household borrowing rate remains unchanged

Thursday, 26 September 2013Skr
Swedish household loans from banks and mortgage lenders in August amounted to Skr2850 billion, latest official data from Statistics Sweden show. This corresponds to a growth rate of 4.5 percent - just 0.3 percent more than last year at the same time.

Securita's skeleton in the cupboard exposed - Company branch in Montenegro reveals dirty business

Thursday, 26 September 2013Swedish security giant, Securitas bought a company known as Guardian Security.
The Swedish business magazine, business week, or Veckans Affärer is reporting on something that could tend to be disastrous to Swedish security company, Securitas.

Why are more Swedes seeking healthcare abroad as care sought in the EEA countries soar

Thursday, 26 September 2013The amount of Swedes seeking planned healthcare abroad
Today it has emerged that more Swedish people are seeking healthcare abroad. Why?

Swedish government accused of assisting the sales of weapons to the dictatorships

Wednesday, 25 September 2013armsGranscole
The Swedish government has been accused of secret dealing by facilitating the weapons industry sell arms to blacklisted dictatorships such as the United Arab Emirates.

Swedish Court of Appeal reduces Pirate-Bay founder's prison term

Wednesday, 25 September 2013Pirate Bay founder, Gottfrid Svartholm WargPirate Bay founder, Gottfrid Svartholm Warg / Granscole
A Swedish Court of Appeal is freeing Godfrey Svartholm Warg for his accusation of infringement against Nordea and lowering his prison sentence to one year.

Swedish household wealth decreased despite positive financial savings

Wednesday, 25 September 2013Swedish Kr
Swedish household wealth declined during the second quarter of this year, despite a positive financial savings, official data from Statistics Sweden (SCB), shows.

Swedish government sells its last shares in Nordic biggest bank Nordea

Wednesday, 25 September 2013Nordea
The Swedish government is doing away with its last holdings in the Nordic region's biggest bank, Nordea, seen as an attempt to clean up the financial figures before the election campaigns kick off in earnest. Opposition, Social Democrat is critical of the sale.

The Nordic countries not investing as expected in the tourist sector despite increased prospects

Wednesday, 25 September 2013Old train
Investments in tourism in the Nordic countries, such as hotels and ski facilities, in decreasing when at the same time travels and the number of tourists to the region is on the increase.

Vattenfall Hamburg, Germany forced to sell after unfavourable referendum

Tuesday, 24 September 2013Vattenfall
A referendum conducted in the German region of Hamburg means that Swedish energy giant, Vattenfall would loose its right to sell energy there, and this forced to sell it to the local authority there.

Five meals a day prevents youth obesity, news Finnish study suggests

Tuesday, 24 September 2013Fatness
A new study from Finland suggests that eating 5 regular meals a meals a day can assist in preventing weight gain and obesity. This throws more water on the questions of food and body mass development in which in some areas people are advised to eat less to cut down weight and in others, they are told to eat more at regular intervals.

Danish Labour cost increases most in the EU but economists here are not very worried

Tuesday, 24 September 2013Danish Krona
The cost of labour in Denmark in the private sector rose by 1.8 percent in the second quarter this year compared to similar quarter last year. It is more than the EU average, which has increased by 1.1 percent, latest data from Statistics Denmark shows.

Economic aid resources used to pay former minister Gunilla Carlsson's salary

Tuesday, 24 September 2013Gunilla Carlsson seen here with the Swedish prime minister Fredrik ReinfeldtGunilla Carlsson seen here with the Swedish prime minister Fredrik Reinfeldt
Fomer Minister for International Development Cooperation,  Gunilla Carlsson who served from 2006 to 2013, and who was retrenched from the government  last week is reported to have been having her pay from  the economic aid budget.

Gestapo - like register of the Roma by Swedish police considered illegal with a  registry of 4000 Roma

Monday, 23 September 2013Swedish police registering illegally Roma people
Swedish police have made what is being described as an illegal recording of details of exclusively Roma people in the country. According to the Swedish daily, Dagens Nyheter they have a register containing 4,029 Roma names something that resemble how the Jews were treated in Germans and it is said to be illegal here.

A Swedish Far-right New paper expecting press subsidies

Monday, 23 September 2013
Another far right-wing newspaper in Sweden, Nya Tider, has now applied for press subsidies as the Swedish government provide blanket subsidies to newspapers based on circulation.

Danish banks continue to struggle for their survival but the lack of evolutionary business models put more pressure

Monday, 23 September 2013leading Danish bank, Danske bank
Analysis of the Danish banking scene shows that the way the banks have driven their businesses in the past is now pushing them deeper into severe pressure, something that started when the financial crisis hit in 2008. Since then, several Danish banks have collapsed and recent review suggest that more are still to go.

The dream for gradates is to work with Google

Monday, 23 September 2013google
Students and graduates from the business, economics and technology fields dream to take a job at internet giant Google. Next most attractive is Ernst & Young, followed by Goldman Sachs.

Heavy gunfire rained as security forces thought to have entered the areas as over 1,000 were evacuated.

Sunday, 22 September 2013kenyan killins
59 people have been confirmed dead after the terrorist attack launched in Nairobi yesterday, according to Kenya's Minister of the Interior.

Ikea founder, Kamprad rejects family Feud accusation

Sunday, 22 September 2013
Ingvar KampradIt was reported recently that the founder and chairman of Ikea, Ingvar Kamprad and his three sons had been feuding after a book detailed  Komprad's Dutch deal in which he would continue to earn big from the Ikea brand name. When it was realised the sons ganged against their father in a high powered legal suit believed to be tearing the family apart. Now Komprad rejects the accusations.

Russian War Games on Baltic Border Spark Security Fears - Bloomberg

Friday, 20 September 2013Danisg F16
Danish F16 fighter jets Scrambled / granscole
It should be recalled that a Russian exercise this year simulating an air attack on Sweden was a “wakeup call” for the whole Baltic Sea area, Sweden’s Svenska Dagbladet newspaper cited Estonian President Toomas Ilves as saying Sept. 16. Bloomberg News

Swedish court rules that it is ‘okay’ to masturbate in public

Friday, 20 September 2013the law
A 65-year-old man who pleasured himself on a Stockholm beach acquitted of sexual assault because he ‘was not targeting a specific person’

Sweden's racism watch - how even the Social Democrats politician can't resist the allure of demeaning the black African, forced to leave his post

Thursday, 19 September 2013black in the darkBlack in the dark / Granscole
Last weekend leading Swedes wrote in their leading paper, calling for racial tolerance in the country. Among them who made the call is the leader of the Social Democrats. Unfortunately, one of his party members could not resist that joy of taking a poke on the African black man with derogatory, demeaning, and baseless accusation.

Danish People Party is reacting angrily about new rules opening Denmark for Syrian refugees - fear a flood of Syrian refugees in the country

Thursday, 19 September 2013Refugee situation in Syria's neighbouring countries
Danish People's Party or Dansk Folkepart (DF)  is naturally not a very immigration- friendly party as revealed when they were in office a few years ago. Therefore when the Danish refugee board announced yesterday that they want to open Denmark for Syrian refugees, very man people expected the DF to react sometimes and they are really on it now. Refugee situation in Syria's neighbouring countries /Granscole

The Swedish government budget proposed today could be sabotaged by the opposition. The Finance minister is getting politely annoyed

Wednesday, 18 September 2013Alliance
The reaction to the Swedish government's budge proposal announced a few hours ago by the minister of Finance, Anders Borg has started coming in, and it is not good for the minister. The Minister is thus reacting by getting really annoyed.

The Swedish government released its budget today wants to invest Skr24.2 billion

Wednesday, 18 September 2013Ander borg
The Reinfeldt government has just released its last budget before the election of 2014 and one aim here is that the state will strengthen reforms through its financial department so that some Skr25 billion would be invested. Nevertheless, the most worrying unemployment will continues to remain high.  Image/Swedish Ministry of Finance

American intelligent organization, NSA accused of spying on bank transactions

Tuesday, 17 September 2013visa
The Americans intelligent organisation, NSA has been accused of spying on banking transaction in which Swedish and Scandinavian people and their business payments and money transfers might have been affected.

Swedish house prices rise continue to record levels despite warning alarms of a bubble

Tuesday, 17 September 2013swedish House
Swedish house prices continue to increase despite various warnings that house price rise in the Swedish real-estate sector is not economically healthy.

Sweden continues to increase its borrowing in USD - increased by 22 percent

Tuesday, 17 September 2013Skr
At the end of August debt securities with Swedish issuers amounted to SEK 6 091 billion, an increase of SEK 137 billion compared to the previous month.

Heavy weight political debate in Swedish television  - Social Democrats Löfven vs Conservative Reinfeldt

Monday, 16 September 2013Stefan Löfven vs Fredrik Reinfeldt
It is just less than a year left before the general election in Sweden, and a few minutes ago, completed a debate between the head of government, Fredrik Reinfeldt and the head of the opposition, Stefan Löfven. The debate was dominated by the economy, taxes, unemployment, education, welfare and the direction of Sweden.
Image/Stefan Löfven vs Fredrik Reinfeldt in a TV political bout / SVT

Swedish far right party growing impressively, new opinion poll show

Monday, 16 September 2013sweden democrats
Swedish celebrities and activist could be out on the streets to demonstrate against fascism, Nazism and legalisation of racism in Sweden but internally there are those who will do all they can to make it a policy that Sweden remains a white only country.

Swedish king celebrates d with dancing at the palace 40 years ion the thrown and throws a public party

Sunday, 15 September 2013swedish King
Today, Swedish King, Carl XVI Gustaf celebrates 40 years as the king of Sweden. This called for lots of people to the palace where there was dancing, pump and fanfare.

Tax increases expected on alcohol in Sweden in line with the new budget

Saturday, 14 September 2013tax increase in sweden
Sweden to increase taxes on alcohol - that is, taxes on wine and beer to go up  by seven percent and the tax on spirits and very strong alcohol is to increased by a percentage point according to components of the governments upcoming autumn budge.

Messy racist demonstration in central Stockholm, Sweden as police injured and protesters arrested

Saturday, 14 September 2013Pasty of teh swedes demostrating in Stocholm on Saturday
Just as various high profile Swedes are seeking peaceful co-existence between the various races that have found themselves in this northerly end of the world, there are still those who are bent at cleansing the country of those they deem not fit to live with them

Swedish celebrities waking up to the realism that Sweden is a rough place for non - whites and call for improvement in diversity

Saturday, 14 September 2013ooss alla
Fighting racism in Sweden - "oss alla" signatories / imag Aftonbladet
This is not the first time Swedes of "substance" or Celebrities, talk the talk that Sweden should become a more tolerant place in terms of race, gender, sexual orientation etc.. First failure seems to have triggered a new call for "Oss Alla" meaning all for Sweden. Are the celebrities here ashamed? It it Obama's visit? Maybe… 

ID fraud alert in Sweden - seem to have gone out of control as new wave of fraudulent identification cards in circulation

Saturday, 14 September 2013ID fraud exploding in Sweden
Id theft continues to increase in Sweden and the police have been grappling with the problems in which counterfeit identification cards are bought online with hijacked information and then used to buy expensive stuff on credit in stores.

Denmark to call for Eastern European police officers to help stem the wave of burglaries in the country

Saturday, 14 September 2013Lithuanian police
The coming of a wave of Eastern Europeans into Denmark has changed they way their open society use to be. There has been an explosion in cases of  burglary, car thefts, boat engine theft among others, something that has baffled Danish police. The only clue they have is that Eastern Europeans are behind most of these crimes. This has made the Danish political forces to seek help from  Eastern European police.

Africans continued to find Sweden a terrifying place for them to live in as the explosion of African-phobia crimes continues to persist

Friday, 13 September 2013Police brutality in sweden
There will be a demonstration in the Swedish city of Malmö this weekend as Africa-Sweden once again show their frustration to the Swedish society for it's persistent disdain of them. Just the colour of the black skin kills the Swedish man and the hate becomes so strong that the death of a black African is the best way for them to show their dislike for that race.

Asylum seekers are queuing Swedish embassies after the country's recent generous asylum offer

Friday, 13 September 2013Syrian- Crisis
After the Swedish government decided last week to grants permanent residency to Syrians who had come to Sweden, and claimed to have been fleeing the conflict, a long queue of people has suddenly emerged outside Sweden's embassies in the Middle East.