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Moody's cuts outlook on Iceland

 

Oil giant Statoil warns of fallout from BP spill

Statoil could face difficulties because of the moratorium on deepwater drilling imposed in the Gulf following the BP oil spill.

 

Tourists killed Norwegian polar bear

The polar bear came into the tourist's tent, grabbed a man and pulled him for about 40 metres.

 

China approves Geely takeover of Volvo

Geely plans to expand Volvo's presence in China.

 

Emerging markets boost AstraZeneca profits

AstraZeneca faces a steep drop in sales over coming years.

 

Sweden plays key role in Wikileaks operations

Protection of journalistic sources is very strong in Sweden.

 

Pollution fight ends over Finnish paper mill

Argentina and Uruguay strike eco-deal over Finnish paper mill.

 

Trucks and tools put Europe on the move

Demand for Scania and Volvo trucks and SKF ball bearings vital indicators of activity in every sector of the economy.

 

Travelers stuck in Iraq, Lebanon after bankruptcy

Swedish travel company Flyhome filed for bankruptcy Wednesday.

 

Swedish carmaker Saab swings to profit

Saab turned a profit – while sales plunged almost 60 percent.

 

Nokia benefits as iPhone 4 delayed in S.Korea

Nokia happy as Apple struggles with government approvals in Korea.

Apple iPhone 4 spreads to Sweden on Friday

 

Iceland probes energy company takeover

PM wants to restore public ownership of Iceland's power groups.

Björk and CEO in public spat over Iceland energy
Iceland told to win back public over membership

 

Stieg Larsson first to sell one million books in Amazon's Kindle electronic bookstore

Over one million digital copies of the books in Larsson's Millennium Trilogy sold at Kindle.

Daniel Craig stars in Hollywood's Millennium Trilogy
Unpublished manuscripts by Stieg Larsson found
Stieg Larsson's partner turns down $2.82 million

 

Swedes – rich and happy

Happiness, seen as a combination of high income and psychological wellbeing, thrives in Sweden while personal wealth swells.

 

BP chairman Svanberg soldiers on as CEO leaves

Carl-Henric Svanberg survives to fight another day as BP appoints a non-Briton as chief executive for the first time.

White House warns BP on CEO change
Will BP's chairman Svanberg step down tonight?

 

Apple iPhone 4 spreads to Sweden on Friday

Apple's latest generation iPhone will become available starting Friday in more than a dozen additional countries.

 

Sanctions not enough to solve Iran nuclear row

Sweden's Foreign Minister warns that tough sanctions on Iran is not enough to resolve the nuclear dispute.

 

More commercials on TV in Sweden

New law means more commercials, product placements in programming and more money for the TV channels.

Upbeat advertising markets boost Metro Int.

 

Smart electricity meters boom in Europe

The largest electricity operators in Europe to roll out smart metering.

 

Bank shares climb on stress test relief


Banks gain on the Stockholm stocks exchange after Friday's verdict
– but the exams might not be tough enough to restore confidence.

Analysts' comments on bank 'whitewash'
All major Swedish banks pass EU stress testSeven European banks fail the tests

 

Per Olov Enquist wins Austrian literature prize

 

Arctic waters facing the threat of growing acidity

The icy waters around Norway's archipelago of Svalbard may seem clear – but are facing disastrous effects of acidification.

 

All major Swedish banks pass EU stress test

Sweden's major banks have enough capital to weather even more severe scenarios than what was assumed in the stress test.

Analysts' comments on bank 'whitewash'
Seven European banks fail EU stress tests   • German bank Hypo fails EU stress test
Five Spanish savings banks fail EU stress tests   • Greece's ATEbank failed EU stress tests   • All British banks pass European stress tests   ECB hails results of European bank stress tests   • All Nordic banks pass EU stress test

 

Swedish stocks down ahead of stress test results

WEEKLY UPDATE – Ericsson weigh heavily on the Stockholm stock market after disappointing earnings.

German bank Hypo fails EU stress test

 

World trade to grow 10 percent this year

WTO warns about growing competition for natural resources.

India develops 35-dollar 'laptop' for schools

 

Akzo Nobel says profits up sharply

Dutch-Swedish chemical group Akzo Nobel said its net profit soared – but it remained cautious over the economic recovery.

 

Scania upbeat about demand as profit booms

Swedish truck maker posts profit well above analysts' forecast.

 

Ericsson doubles profit – but misses forecast

Swedish telecom giant posts profit well below analysts expectations.

 

Heat wave warms Baltic Sea to tropical levels

A heat wave searing the Baltic region has warmed the usually frigid waters of the Baltic Sea to temperatures seen in more tropical climes.

Urgent measures needed to save the Baltic Sea

 

Swedish defense firm Saab cuts outlook

Saab's earnings hit by terminated customer contract.

 
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