SAS airline operator in the red over writedown and high fuel prices
Submitted by Marina Dimova on Wed, 11/05/2008 - 08:50.The SAS Group, the operator of the joint carrier Scandinavian Airlines, on Wednesday posted a pre-tax loss for third- quarter 2008, citing high fuel costs, the economic downturn and a goodwill writedo
Swedish study: Pet dogs can help children hone reading skills
Submitted by Marina Dimova on Mon, 11/03/2008 - 15:20.
Children can polish their reading skills by practising to read aloud to their dogs, according to a new Swedish study.
Two Swedish students at a teacher's training college presented the suggestion in a joint essay at the University of Skovde.
Swedish banks urged to team up against child pornography
Submitted by Marina Dimova on Mon, 11/03/2008 - 13:19.The Swedish government and banks unveiled plans Monday to cooperate in freezing payments to criminal organizations engaged in child pornography.
"If we can prevent the payments, we strike directly at the criminal activities of the gangs," Financial Markets Minister Mats Odell and Fredrik Sauter, chief executive of online bank Skandiabanken, said in a joint op-ed article in the daily Dagens Nyheter.
Home appliance maker Electrolux third quarter results improve
Submitted by Marina Dimova on Mon, 10/27/2008 - 09:07.
Swedish home appliance maker Electrolux on Monday reported higher third-quarter income 2008 but said the financial crisis was now affecting sales.
Skin creams can make skin drier
Submitted by Anna Tomova on Mon, 10/27/2008 - 08:32.Not all skin creams give the required effect, and can in fact make the skin drier, according to research conducted at the Uppsala University in Sweden.
Researcher Izabela Buraczewska has studied what happens in the skin at the molecular level the effects of various creams.
Swedish banking group Swedbank to issue new share offer
Submitted by Marina Dimova on Mon, 10/27/2008 - 08:01.Swedish banking group Swedbank on Monday said it planned to raise 12.4 billion kronor (1.51 billion dollars) by issuing new shares.
Swedbank is one of Sweden's four major banking groups. In recent weeks, Swedbank has been in the sights of analysts over its presence in the Baltic region where economic growth has slowed to standstill and fears of loan losses have increased.
Swedish Academy invites Italian author Saviano to lecture
Submitted by William Kaelin on Fri, 10/24/2008 - 18:53.Italian author Roberto Saviano, who has been threatened for his writings on the mafia, has been invited to give a lecture at the Swedish Academy, a spokesman for the body that selects the Nobel literature prize said Friday.
Heavy-vehicle makers Volvo, Scania post Q3 reports
Submitted by Marina Dimova on Fri, 10/24/2008 - 08:52.
Swedish heavy-vehicle makers Volvo and Scania on Friday said they were preparing to cut back production on lower demand as they reported third-quarter results.


London - Aero-engine maker Rolls-Royce said Thursday it would cut up to 2,000 jobs worldwide as a result of the current economic "uncertainties."
Washington - Buying a new computer usually involves comparing models. Comparisons are more difficult than they used to be, as the number of choices has grown and manufacturers have started marketing computers with specific uses in mind.
Indian authorities have issued a birth certificate to a Japanese baby born to an Indian surrogate mother, easing the way for her Japanese father to take her home, news reports said Saturday.