Topic: Sweden

The Brookings Institution analyzed the financial data of the world’s largest metropolitan areas. They defined "productivity" as gross domestic product on a per-job basis, and uncovered some interesting findings. Read ahead to see which were the most productive cities.

Activist group Wikileaks released a memo on Sunday allegedly written by private intelligence company Stratfor's CEO George Friedman. The jargon in the memo is like something out of a spy novel — but that was exactly Friedman’s point.

Chinese group Zhejiang Youngman Lotus Automobile has made a fresh bid for Swedish carmaker Saab, which went bust in December, Swedish radio reported on Thursday, citing sources.

World number one mobile network gear maker Ericsson reported a much lower-than-expected core profit on Wednesday and said it expected weak margins and cautiousness from its operator clients to continue in the short term. 

An extended bank holiday in the European Union to halt a steep market fall, a third party candidate winning the race for the White House, and 50 European banks being nationalized are just a few of Saxo Bank's "outrageous predictions" for 2012.

British Prime Minister David Cameron held talks on Wednesday with potential allies in the European Union as he seeks to avoid isolation after vetoing EU treaty changes to allow closer fiscal union by euro zone members.

Ailing carmaker Saab has received a first payment from China's Zhejiang Youngman Lotus Automobile as it struggles to stay in business.

Latvia's largest bank is scrambling to contain a run among depositors gripped by fears of the bank's imminent collapse.

Various industries made it onto the 2012 CareerBliss list, the 50 Happiest Companies for America , including financial giants, utility companies, pharmaceutical corporations and even the U.S. military. Retail and hospitality companies are new to the top 10 list this year.

General Motors said on Tuesday it would not support a proposed ownership structure for Saab that included a Chinese bank, moving the Swedish auto company closer to liquidation.

China's Pang Da Automobile Trade will continue talks with various parties including Saab on plans to invest in the crisis-hit Swedish carmaker, it said in a statement.

Saab's Dutch owner and China's Zhejiang Youngman Lotus Automobile have agreed that a bank in China will come in as part owner of the ailing carmaker,  according to a source familiar with the deal.