Profits soar for Sweden's state-owned companies - Fri, 03 Sep 2010 Sweden's state owned companies are set to earn record-breaking profits this year, although not every company has had a stellar 2010. Carnegie takes over HQ Bank - Fri, 03 Sep 2010 Investment bank Carnegie has signed a deal to take over crisis-hit sector colleague HQ Bank, with payment amounting to 268 million kronor ($36.8 million) to settle employee stock options and client obligations. Trading halted by paper giant merger rumours - Thu, 02 Sep 2010 Trading in the shares in Nordic paper giants Holmen, Stora Enso and Norske Skog has been halted on Thursday amid rumours of a partial merger. Riksbank raises base rate to 0.75 percent - Thu, 02 Sep 2010 Sweden's Riksbank has raised the repo rate by 0.25 percentage points to 0.75 percent, a decision which was widely forecast. Improved outlook for Swedish economy: report - Wed, 01 Sep 2010 Swedes should expect higher economic growth and lower unemployment than previously forecast, according to a new report from the National Institute of Economic Research. |