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Is Nokia's Olli-Pekka Kallasvuo getting sacked?

The world's biggest mobile phone maker saw its earnings slump in the face of smartphone competition from Apple and RIM.

Nokia posts 40 percent profit drop

 

Swedish banks likely to pass EU stress test

Swedish banks have turned the page in the recession-hit Baltics and lower loan-loss provisions lift their results. Highlights from Q2.

 

EU to open entry talks with Iceland next week

Membership talks to open despite differences over whale hunting and the bank collapse.

 

Swedish steel maker SSAB dives on poor outlook

The steel maker missed profit forecast and sees recovery slowing.

 

Volvo's profits rally as global demand recovers

Sales of trucks a leading indicator of activity in industry in general.

 

Nokia posts 40 percent profit drop

The Finnish mobile phone maker slashes its full-year forecasts.

Sony Ericsson swings to profit after price hike

 

Swedish diplomat blasts UN chief Ban Ki-moon

Outgoing UN leader Inga-Britt Ahlenius said in a leaked document that the UN is "drifting into irrelevance" under Ban's supervision.

Top Norwegian diplomat slams 'weak' UN chief

 

Swedbank wings to profit as loan losses drop

Sweden's fourth biggest bank sees strength in home markets.

Banks in spotlight ahead of stress test release

 

ABB 'more confident about the recovery'

Swedish-Swiss ABB says earnings fell – but it sees better second half.

 

Medvedev calls for visa-free EU-Russia travel

"There is no alternative to a visa-free system between Russia and the EU," Medvedev said at a press conference with Finland's president.

 

Björk and CEO in public spat over Iceland energy

Icelandic singer Bjork leds a public campaign against a Canadian energy firm's purchase of an Icelandic geothermal power group.

 

Nordea likely to pass EU stress tests

The Nordic region’s largest lender hit by financial turmoil.

 

Telenor multiplies net profit by seven

Economic environment in Asia fuels Norwegian telecoms operator Telenor – while its Swedish peer Tele2 grows in Russia.

 

Ericsson inks deal with Telefónica and Indra

Ericsson and Indra to take over Telefónica's pre-paid billing solution, related operation support systems and about 500 employees.

 

IMF warns that Sweden’s economy will slow down

The International Monetary Fund, IMF, is not as cheerful about the Swedish economy as Finance Minister Anders Borg is.

Full statement:  IMF Executive Board's outlook for Sweden

 

Rockets delayed Bildt's arrival at Kabul meeting

UN chief Ban Ki-moon and the foreign ministers of Sweden and Denmark were delayed arriving at a conference in Kabul
– after a rocket attack on the airport.

Danish FM slams Uzbekistan for blocking flight
Troop exit dates from Afghanistan 'dangerous'

 

Somali pirates free Norwegian tanker

Norwegian tanker released – after ransoms were paid to the pirates.

 

Sandvik swings to profit as order intake swells

Swedish tool and machinery maker Sandvik eyes growing demand.

 

TeliaSonera eyes stable earnings ahead

Swedish-Finnish telecoms giant reports quarterly profit rise.

 

Swedish family lived with 191 cats

Oddly: A 60-year-old Swedish woman lived in a Stockholm suburb with her mother, her sister, her son... and 191 cats.

 

Upbeat advertising markets boost Metro Int.

Swedish free daily eyes a "positive trend" as advertising recovers.

 

Nokia Siemens buys Motorola assets for $1.2 bln

Nokia Siemens will acquire Motorola's wireless network assets.

Moody's lifts Motorola outlook after Nokia deal
Ericsson wins massive order from China Mobile

 

Ten men charged in spectacular chopper robbery

The suspects allegedly made off with over 4 million euros after dramatic helicopter raid south of Stockholm.

 

US energy-efficient rebate boosts Electrolux

U.S. government rebate program for energy-efficient household appliances boosts demand, the Swedish company said.

 

Denmark's flexicurity model threatened

One of the most generous unemployment benefits schemes in the world is under threat after a broader austerity move.

 

Boliden profit jumps but undershoots forecast

 

Ericsson wins massive order from China Mobile

Ericsson becomes sole managed services partner for China Mobile Hebei through a three-year field maintenance agreement.

Nokia Siemens Networks eyes Motorola telecom

 

World's oldest champagne found in shipwreck

Divers have found bottles of champagne some 230 years old on the bottom of the Baltic which – described as tasting "fabulous".

 

Boots to open 100 pharmacies in Sweden

British health and beauty group looking for Swedish entrepreneurs to run pharmacies under the Boots brand.

 

ABB wins largest ever power link deal

North Sea offshore wind farms connected to Germany's grid.

 
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