Latest Stockholm News
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Sweden to send 160 troops in Mali mission
Deputies adopted a proposal from the centre-right government, which said that in "normal circumstances" the Swedish contingent would be around 70. The Swedish military will also provide materiel to the UN mission. "Armed extremist groups and criminal groups have since the beginning of 2012 committed extensive acts of cruelty which have caused great human suffering in ...
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Sweden May Unemployment 417000
The following is a press release from Statistiska Centralbyran, or SCB, the Sweden central government authority for official statistics. STOCKHOLM--In May 2013 the number of employed persons aged 15-74 amounted to 4.67 million (34,000). Compared to May 2012, this is an increase of 51,000 persons. The employment rate was 65.3 ( 0.5)%. The number of employed women increased by 34,000 and ...
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Top ten ways you know youve turned Swedish
For some foreigners living in Sweden, a natural "inner Swede" can develop that often doesn't show its face until you're back home again. The Local's Irishman Patrick Reilly lists the top ten ways this inner Swede can change your ...
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Extreme-right sites beat political party pages
The seven most popular far-right websites attract a total of 145,000 unique visitors a day, according to the report, which was prepared by the government-run Swedish Media Council and handed to the government on Tuesday. "I'm surprised to find out that (the sites) have seven times more visitors than the total of all parties in parliament," Ulf Dahlquist, the council's ...
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Sweden to sell risky 5.7-percent stake in Nordea
The sale of 230 million shares, worth 18.1 billion kronor ($2.8 billion) at Tuesday's market close in Stockholm, will take place on Wednesday. "The state's role is to regulate the banks, not to own them. Banking shares are risky assets," Minister for Financial ...
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SABMiller Swedish cider brands licensed
SABMiller and Sweden’s Kopparberg Brewery had entered into a co-operative agreement for the long-term licence of Kopparberg cider products in selected markets where the Swedish firm does not have an interest, SABMiller said yesterday. All Kopparberg cider products, including Pear and Naked Apple, would be available for distribution. The Australian unit was the first SABMiller operation to ...
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Nordic countries team up in Chinas tech trade
/enpproperty--> Nordic countries have joined an international race to team up with China in exploring science and technology opportunities. "Countries with a tradition of innovation gradually take the lead in social and economic development, which in turn make them internationally competitive," said Huang Xing, China's ambassador to Finland. Information and communication ...
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United to play AIK in Sweden for pre-season
Manchester United will conclude the preparations for the defence of its Premier League crown with a pre-season match against Swedish side ...
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Kungsleden AB Kungsleden purchases two properties in Gothenburg
KGLED01.OL ) purchases two warehousing and office buildings in Hgsbo in the municipality of Gothenburg at a total price of around SEK 71.5 million including transaction costs. The initial direct yield is approximately 8.3 per cent. The two properties have a total lettable area of around 13,700 square meters and the rental value amounts to SEK 10.2 million. The biggest tenants are ...
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3i confirms departures of UK Nordic private equity heads
(Reuters) - British buyout firm 3i Group Plc (III.L), which is carrying out a major restructuring, confirmed on Tuesday that the head of its UK private equity operation has left and that his counterpart in the Nordic region plans to leave soon. ...
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Roberta Vinci Carla Suarez Navarro post Netherlands victories
Carla Suarez Navarro gained the quarterfinals Tuesday at the grass-court Topshelf Open. Vinci, who titled at s'Hertogenbosch in 2011, breezed into the second round with 6-3, 6-3 decision over Estonian Kaia Kanepi. She next faces last week's Nuremberg, Germany, titlist Simona Halep. Spain's Suarez Navarro, meanwhile, posted a second-round triumph over ...
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Pirate Bay co-founder faces extradition to Denmark Swedish court rules
Security The Pirate Bay co-founder Gottfrid Svartholm Warg can be extradited to Denmark, a Swedish court has ruled. There, he will face several new hacking charges for downloading a large number of files from a Danish police database. Sweden's Nacka District Court ruled on Monday that Swartholm Warg "may be extradited to Denmark in accordance with the warrant from Denmark and he ...
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Swedens far right beats mainstream parties in cyberspace
STOCKHOLM (AFP) - Extreme-right websites in Sweden are far more popular than websites run by parties represented in parliament, said a report presented to the government on Tuesday.The seven top far-right websites attract a total of 145,000 unique visitors a day, according to the report, which was prepared by the government-run Swedish Media Council."I'm surprised to find out that (the ...
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Sweden selling Nordea stake could raise $2.8 billion
, said it would sell up to 230 million ordinary shares in Nordea, worth some 18.1 billion Swedish crowns $2.8 billion (1.7 billion pounds) at current market prices, though such bloc sales are usually done at a discount.It will use the proceeds to reduce the national debt.On completion of the sale, Sweden's current 13.4 percent stake in Nordea - a legacy of the country's banking crisis ...
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Sweden to Cut Nordea Stake to 7.8 to Reduce National Debt
Nordea Bank AB (NDA) and use the proceeds to cut the Nordic nation's public debt. The government plans to reduce its stake in the Stockholm-based bank to 7.8 percent from 13.4 percent and will target Swedish and international institutional investors in an accelerated book building starting today, according to a statement. Based on today's closing price of 78.75 kronor, it would ...
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Nobel Prize winner for physics dies in Maine
SACO, Maine -- A physics professor who earned a Nobel prize for pioneering work that changed the way physicists think about phase transitions has died in Maine at age 77.Kenneth Wilson was in the physics department at Cornell University in Ithaca, N.Y., when he won the Nobel Prize in 1982 for applying his research in quantum physics to phase transitions, creating a mathematical tool called the ...
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UPDATE 1-Swedish government launches 5.7 pct stake sale in Nordea
Tue Jun 18, 2013 12:17pm EDT (Adds background, details) STOCKHOLM, June 18 (Reuters) - Sweden's government said on Tuesday said it was launching a sale of a 5.7 percent stake in Nordea, the Nordic region's biggest bank, as it revisited a long-standing ambition to privatise state assets. The Swedish government, which is Nordea's second biggest owner behind Finnish insurer Sampo, said ...
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Stora Enso in restructuring plan
Finnish paper and packaging company Stora Enso said on Tuesday it would shed 2,500 jobs, mostly in Finland and Sweden, citing a weak European economy and the company's poor profitability.The cuts were part of a restructuring plan announced in ...
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Abu Dhabi Ocean crew start 2014 Volvo Ocean Race preparation
Volvo Ocean Race (VOR). The team made history as the first Arabian contender in the nine-month, round-the-world, 2011/12 Volvo Ocean Race, lead by skipper Ian Walker, a British double Olympic medallist. Walker will head the crew again as Abu Dhabi Ocean Racing takes part in three races at the famous Cowes Week on the Isle of Wight off England's south coast, which runs from August 3 to 10. ...
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Transport chaos threatens Midsummer
A public transport strike appears likely to kick off on Wednesday night after unions and state-transport heads failed to agree on workers' pay and conditions after three days of ...
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Male nurse dons dress in shorts shortage rage
A male Swedish nurse has donned a dress to protest the lack of shorts at a hospital in southern Sweden, saying he had to fight the small battles for gender equality in the ...
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Ecuadors Assange talks with UK stall
Ricardo Patino said Ecuador will continue to provide political asylum to Assange, who walked into the embassy one year ago in a bid to avoid extradition to Sweden where he is wanted for questioning over rape and sexual assault allegations. A spokesman for the Swedish Prosecution Authority ...
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With help from Chinese auto plan Volvo hopes to thrive
Chairman of Zhejiang Geely Holding Group Li Shufu poses for a photo at an assembly line of the new Volvo automobile manufacturing plant in Chengdu, Sichuan province. CHENGDU, CHINA -- The assembly line crept along at a glacial pace. For the next few months, the workers at the sprawling plant on the outskirts of the Sichuanese capital of Chengdu will be carefully trained before the first cars ...
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Football - Red Devils arrange Stockholm date
The Red Devils will face AIK in Stockholm on August 6 as part of preparations for David Moyes' first full season in charge. Coming just seven days after United return from their five-country tour of the Far East and Australia, and ahead of testimonials for their own defender Rio Ferdinand and Swansea's Alan Tate, plus the Community Shield meeting with Wigan on August 11, it means ...
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Rostelecom Tele2 considering mutual MVNO pact
Rostelecom and Tele2 Russia have entered into talks regarding the introduction of mutual mobile virtual network operator (MVNO) agreements in the near future. ...
Sweden Feature
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Sweden remains committed to green goals
Sweden wants its national electricity grid to be entirely free of oil dependence by 2025 and recent developments in the offshore wind energy sector seem to be a step in the right direction.
Sweden is a country with a strong commitment to renewable energy and environmental sustainability. The national capital, Stockholm, despite being the largest city in the country and home to almost a quarter of the population, is one of the cleanest of all European capitals. Read more
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