News in brief (9-15 November)
Here you'll find quick news about Swedish business and economy.
Click on the link to find the full story.
• Spies, lies, and racism at Ikea. A new book has scandalized the entire nation of Sweden, a country known for its stability and pride in its progressiveness.
•Still negative inflation rate in Sweden.
• Underwear company Björn Borg said its net profit fell 20 percent due to "tough market climate", but that it will make "aggressive investments" in product development and exports.
• Sweden wants EU bonus cap on hedge funds.
• Vattenfall AB denied on Tuesday a media report saying it was about to sell the power group's electricity network in Sweden, saying no decision had been taken.
• A 60 year old man has died from Swine flu, bringing the death toll in Sweden from the AH1NI virus to five, Swedish Radio said.
• Sweden's industrial production increased by 0.2 percent in September compared to August
• Swedbank is the only Swedish bank that will make a loss next year, due to heavy credit losses in Ukraine, Sweden's financial watchdog said in a stress test.
• Nordea, the Nordic region's biggest bank by value, said Swedish peer Swedbank was an attractive merger partner.
• Sweden's finance minister raised GDP forecasts for the Nordic country on Monday saying the economic gloom that has weighed on most of the world's major economies was lifting.
• Reynolds American, the second- largest U.S. tobacco company, is in talks to buy a Swedish maker of nicotine gum and mouth sprays, Niconovum AB.
Last Updated (Tuesday, 08 December 2009 14:23)






















