Sweden’s TeliaSonera says Turkey’s Cukurova ordered to hand over Turkcell sharesSTOCKHOLM — Nordic telecommunications operator TeliaSonera AB on Friday said an arbitration court has ordered Turkey’s Cukurova group to transfer shares in mobile operator Turkcell Holding to the Stockholm-based firm for $3.1 billion. Sweden’s Securitas posts 6.7 percent rise in Q2 profits, to explore acquisitionsSTOCKHOLM — Swedish security firm Securitas AB on Friday reported a 6.7 percent increase in second-quarter net profits, in part thanks to stronger sales, and said it aims to explore acquisition opportunities in North America as they arise. Swedish princess wins suit against German publisher for publishing false storiesBERLIN — A Hamburg court has ordered a German publisher to pay Sweden’s Princess Madeleine $560,000 in damages for fabricating stories about her, the parties involved said Friday. Power company Vattenfall posts profit drop, seeks to restore trust after nuclear incidentSTOCKHOLM — Swedish energy group Vattenfall on Thursday posted a 36 percent drop in second-quarter earnings and said it needs to restore trust after a short circuit at a nuclear power plant in Germany raised concerns about safety there. Chavez recalls ambassador over Colombia’s report that rebels had weapons sold to VenezuelaCARACAS, Venezuela — President Hugo Chavez recalled his ambassador from Bogota on Tuesday and threatened to halt Colombian imports after the neighboring country said anti-tank weapons found in a rebel arms cache came from Venezuela. Misspelt name on GPS sends 2 Swedes looking for Capri island on wrong end of ItalyROME — Officials say a Swedish couple looking for the pristine waters of the popular island of Capri ended some 400 miles (660 kilometers) away in the northern industrial town of Carpi after misspelling the destination on their car’s GPS. Swedish-made anti-tank launchers sold to Venezuela found in hands of Colombian rebels.BOGOTA — Swedish-made anti-tank rocket launchers sold to Venezuela years ago were obtained by Colombia’s main rebel group, and Sweden said Monday it was demanding an explanation. Apartment fire kills woman, 5 daughters in StockholmSTOCKHOLM — A woman in her 40s and her five daughters were killed when they tried to escape an apartment fire in a Stockholm suburb, police and media reports said Sunday. EU to press for climate change dealARE - The European Union (EU) is hoping for progress in the run-up to a global climate change summit in December, Swedish Environment Minister Andreas Carlgren said Saturday. US envoy warns of imperfect Afghanistan poll, as Karzai campaigns in KabulGHAZNI, Afghanistan — President Barack Obama’s special envoy said Friday that Afghanistan’s upcoming presidential contest will be imperfect, but the country cannot be held to a democratic standard that even the U.S. struggles to achieve. Belgian regional government to give local Volvo plant a euro198 million loan guaranteeBRUSSELS — Belgium’s Flemish regional government on Friday said it was ready to give Ford Motor Co. subsidiary Volvo Car Corp. a euro198 million guarantee to help it upgrade a local plant. Bomb attack kills 2 American service members in southern AfghanistanKABUL — A bomb attack killed two American service members in southern Afghanistan on Friday, while the country’s president both applauded international troops’ effort at a campaign rally and promised to hold them more accountable for civilian casualties, house raids and arbitrary detentions. US: 2 American service members killed in bomb attack in southern AfghanistanKABUL — U.S. forces say two American service members have been killed in a bomb attack in southern Afghanistan. Afghan president calls for more accountability for international forces in campaign speechKABUL — A bomb attack killed two American service members in southern Afghanistan on Friday, while the country’s president both applauded international troops’ effort at a campaign rally and promised to hold them more accountable for civilian casualties, house raids and arbitrary detentions. Sweden’s TeliaSonera posts 8 percent rise in Q2 profits; sales up, savings pay offSTOCKHOLM — Nordic telecommunications operator TeliaSonera AB reported Friday an 8 percent rise in second-quarter net profits, boosted by higher sales and the benefits of previous cost-saving measures. Sweden’s Saab posts drop in Q2 profits, order bookings fallSTOCKHOLM — Second-quarter profits at Swedish aerospace and defense group Saab AB dropped 14 percent due to weaker demand, project delays and order cancellations, the company said Friday. The figures were not as bad as expected, however, causing shares to rally. Sweden’s TeliaSonera posts 8 pct rise in 2Q profits, sales upSTOCKHOLM — Nordic telecommunications operator TeliaSonera AB reported an 8 percent rise in second-quarter net profits Friday, boosted by higher sales and by reaping the benefits of previous cost-saving measures. Sweden’s Saab posts drop in 2Q profits, order bookings fallSTOCKHOLM — Second-quarter profits in Swedish aerospace and defense group Saab AB more than halved on weaker demand, project delays and order cancellations, the company said Friday. Fishing rights is the key issue as Iceland applies to join European UnionSTOCKHOLM — Iceland formally applied Thursday to join the European Union but said it would not accept a “rotten deal” for its fishing industry, a key sector of the island nation’s troubled economy. Fishing rights key issue as Iceland applies to join European UnionSTOCKHOLM — Iceland formally applied Thursday to join the European Union but said it would not accept a “rotten deal” for its fishing industry, a key sector of the island nation’s troubled economy. 2 passenger ferries collide in Swedish port, several passengers injuredSTOCKHOLM — Two large passenger ferries collided outside a port south of Stockholm on Thursday, injuring 15 people, police said. Iceland formally applies to join European Union during ceremony in StockholmSTOCKHOLM — Iceland’s foreign minister on Thursday handed over the country’s application to join the European Union, a move Icelanders hope will bring economic stability. Swedish construction group Skanska’s net profit rises 9 percent in Q2 as margins improveSTOCKHOLM — Skanska AB, the Nordic region’s biggest construction company, on Wednesday said net profit rose by 9 percent in the second quarter as an improvement in margins offset weaker revenues. Truck maker Volvo posts $718 million loss in second quarter, says markets stabilizingSTOCKHOLM — Swedish truck maker AB Volvo on Tuesday reported its third consecutive quarterly loss as sales plunged by one-third amid weak demand in the April-June period. Sweden’s Nordea posts 11 pct drop in 2Q profit, but raises full-year outlookSTOCKHOLM — The Nordic region’s biggest financial group, Nordea Bank AB, on Tuesday reported an 11 percent drop in second-quarter net profit, mainly due to higher loan losses and staff costs, but raised its full-year outlook. Sweden’s SEB bank posts 2Q loss amid large credit losses in the BalticsSTOCKHOLM — Swedish bank SEB AB on Monday posted a second-quarter loss as credit losses for its operations in the Baltic countries increased more than eight-fold. Lithuanian president slams censorship bill targeting material promoting homosexualitySTOCKHOLM — Lithuania’s new president on Thursday criticized a censorship bill passed by lawmakers in the Baltic country that aims to keep information about homosexuality away from children. Lithuanian president wants to amend censorship law targeting information about homosexualitySTOCKHOLM — Lithuanian President Dalia Grybauskaite says she is upset that lawmakers passed a censorship bill that aims to keep information about homosexuality away from children. Sweden’s Electrolux 2Q profit jumps despite weak market, beats analysts’ expectationsSTOCKHOLM — Swedish appliance maker Electrolux AB reported Thursday that profits surged six-fold in the second quarter, despite a weak market for home appliances, thanks to cost cuts and favorable currency rates. China carrying out ‘refugee espionage’ to keep an eye on Uighur’s abroadDALARNA - The arrest of a Uighur exile in Sweden on charges of ‘refugee espionage’ last month, suggests how far China may extend to keep an eye on the ethnic group, which it believes is a threat to the nation. |
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