News in brief (16 - 22 November)
Here you'll find quick news about Swedish business and economy.
Click on the link to find the full story.
• The Swedish opposition has accused the Minister for Enterprise and Energy of lying about Vattenfall's scandal.
• Swedish debt and currency market players believe the financial crisis has peaked but markets are still not functioning normally, a survey by the central bank showed.
• In October 4 458 000 persons were employed corresponding to 63.8 percent of the population. This is an employment rate decrease of 2.7 percentage points
• Labor leaders at Volvo Cars will today press China’s Zhejiang Geely Holding Group to disclose where it’s getting the financial backing for a bid to buy the Swedish carmaker from Ford Motor Co.
• World number two truckmaker Volvo said vehicle shipments fell sharply in October from last year, but a rise in deliveries compared with September offered hope
• Ericsson signs a 10-year contract to operate the nationwide play-out services of Swedish broadcasting company TV4.
• A Swedish online clothing and tech retailer has assumed ownership of The Pirate Bay’s logo and plans to market the iconic pirate ship on USB sticks.
• There are no signs of a new house-price bubble building in Sweden although there are reasons for caution, Swedish central bank said.
• Swedish fashion giant Hennes & Mauritz posted an unexpected 3 percent drop in sales at established stores in October, blaming the economic conditions in some of its major markets.
• No big changes in real estate prices. Real estate prices for one- or two-dwelling buildings have increased by 1 percent during the last three months (August through October)
• Cereals' production amounted to 5.2 tonnes this year, which matches the production level of last year.
Last Updated (Tuesday, 08 December 2009 14:23)






















