WEEKLY UPDATE – Swedish stocks dived in Friday afternoon trading as company earnings beat expectations, but fear about a double-dip recession still haunts the market.

Japanese-Swedish mobile phone maker increased selling prices.

The number of mobile phones in use worldwide has topped 5.0 billion, boosted by soaring demand in India and China.

The Swedish car maker will remain headquartered in Gothenburg.

Real estate prices on the island of Gotland has swelled by 13 percent.

A Swedish court has sentenced two brothers to jail for fire-bombing the home of a Swedish artist over a picture of Prophet Mohammed.

• 'Osama bin Laden still in Pakistan' Clinton said

Sweden's bearings maker SKF expects growing demand in Asia and Latin America as world economy recovers.

• Ericsson and AstraZeneca boost Wallenberg

Sweden is the 16th best nation in the world to die in. Full list.

• Children in Sweden have best lives
• Sweden's mortality rates world's second lowest

Sales of digitally streamed music increased 242 percent.

China plans to give mobile phone giant Nokia a licence to offer online mapping services; the first foreign firm to be approved.

• Nokia Siemens Networks eyes Motorola telecom

Volvo shows off technology that helps avoid hitting pedestrians.

"A bit more sweat and I'll have pedaled enough for a free meal!".

• Losing weight can come at great expense

A Swedish dairy has agreed to pay 266,000 dollar to a 77-year-old Greek after placing his picture on pots of Turkish-style yoghurt.

Swedish furniture giant IKEA has made its first major foray into the UK property market by buying up a site next to the Olympic Park.

• Ikea drops incandescent bulbs

"Chimpanzees can teach human leaders to be more humane. And that lesson will contribute to increased productivity and profitability", write authors Tommy Lundberg and Ola Berggren. 

Sweden's third-biggest bank swung to a net profit in the second quarter and was upbeat about falling loan loss provisions.

• Ericsson and AstraZeneca boost Wallenberg
• SEB sells German retail banking to Santander

Value of Investor AB’s investments rose during the second quarter.

Three men planned to use hydrogen peroxide to make a bomb.

• Norway extends detention for terror suspects

Private equity company Ratos makes 100 million dollar exit.

SEB to focus on merchant banking and wealth management.

WEEKLY UPDATE – Stocks in Stockholm rose during the week as confidence in the economic recovery strengthened further.

The Left Party's "upright position has led to some of the most saver-hostile moves that have been seen for a long time", writes Johan Tidestad, head of Swedish online broker Nordnet.

Europe's top court backs Sweden's ban on the advertising of online gambling on the grounds of public order.

• How to hit the jackpot playing the lottery

Sweden and Finland on Friday reported sharp gains in industrial output in May, mirroring improvements elsewhere in Europe.

• Sweden's economy a 'bright spot in Europe'

Norway's security police tricked a suspected terrorist cell arrested this week by swapping bomb-making material with harmless liquid.

• Central Oslo cordoned off over suspicious bag
• Three Al Qaeda suspects held in Norway

Business lawyers happy as number of merger and acquisitions swells.

The European Commission cleared the takeover earlier this week.

Three linked to Al-Qaeda held in Norway for planning attacks.

“Empower people to do the right thing, not just what’s expected”, said Jonas Ivarsson, President, Mercuri Urval Inc in the U.S.

• In the Spotlight -- a gateway to new customers and increased brand awareness

"I am no superman ... If you are looking for politicians made of steel you'll have to look elsewhere".