×

Europe Top News and Analysis Sweden

  • DUBLIN, Oct 5- Irish property developer Treasury Holdings is to be wound up, a Dublin court heard on Friday, making it one of the biggest and most high-profile casualties of a property crash that led the country into an EU/IMF bailout.

  • STOCKHOLM, Oct 5- The head of retail banking for Nordea, the Nordic region's biggest bank, said on Friday he sees loan losses in Denmark stabilising as the country's troubled real estate and agriculture sectors may have seen their worst.

  • DUBLIN, Oct 5- Irish property developer Treasury Holdings is to be wound up, a Dublin court heard on Friday, making it one of the biggest and most high-profile casualties of a property crash that led the country into an EU/IMF bailout.

  • *Nordic spot price for Saturday seen at 29.8 euros/ MWh. Saturday's delivery is expected to fall to 29.8 euros a megawatt-hour and to 27.8 euros for Sunday, compared to 32.23 euros on Friday, analysts at Point Carbon said. Wind power output in Denmark and Sweden was expected to gain by an hourly average of 920 MW on Saturday and by 1,890 MW on Sunday from Friday.

  • STOCKHOLM, Oct 5- Scandinavian airline SAS. said on Friday that its group passenger traffic rose 8.3 percent year-on-year last month after a 6.9 percent gain in August. The group said in a statement that its load factor improved by 1.9 percentage points to 76.5 percent.

  • STOCKHOLM, Oct 5- Volvo AB:. *signs letter of intent to divest crankshaft plant in Leganes, Spain to MAPE. *Says the transaction is not expected to have any material impact on the Volvo.

  • STOCKHOLM, Oct 5- ALFA LAVAL:. *Wins SEK 70 million energy-efficiency order in Russia. *says order is for compact heat exchangers for a refinery in Russia booked in late September and with delivery scheduled for 2013.

  • Embattled U.S. truck and engine maker Navistar International Corp, a rival of Sweden's AB Volvo, may close factories in its bid to cut costs, its newly named CEO Lewis Cambell said in a Reuters interview late on Thursday. For more on Volvo, click on ERICSSON.

  • Embattled U.S. truck and engine maker Navistar International Corp, a rival of Sweden's AB Volvo, may close factories in its bid to cut costs, its newly named CEO Lewis Cambell said in a Reuters interview late on Thursday. For more on Volvo, click on NORDEA, SAMPO.

  • Oct 04-=============================================================================== Summary analysis-- Investor AB----------------------------------- 04- Oct-2012=============================================================================== CREDIT RATING: AA-/Stable/A-1+ Country: Sweden Primary SIC: Holding companies, nec Mult. CUSIP6: 46145 A=============================================================================== Credit Rating History: Local currency Foreign currency 16- Dec-1997 AA-/A-1+ AA-/A-1+ 24- Jan-1994 A/A-1 A/A-1=============================================================================== Rationale.

  • OSLO, Oct 4- Nordic spot power prices were expected to remain steady as colder weather was likely to to support consumption, while lower hydro inflows allow hydro power producers to get better control of prices, analysts said on Thursday.

  • Oct 04-=============================================================================== Summary analysis-- L E Lundbergforetagen AB-------------------- 04- Oct-2012=============================================================================== CREDIT RATING: A+/ Stable/A-1 Country: Sweden Primary SIC: Investment offices, nec=============================================================================== Credit Rating History: Local currency Foreign currency 08- Jun-2007 A+/ A-1 A+/ A-1 24- Jan-2001 A/A-1 A/A-1=============================================================================== Rationale.

  • STOCKHOLM, Oct 4- Skanska AB:. *To construct hospital in Richmond, USA, for USD 80 mln, about SEK 545 mln. *Says awarded contract to construct a new Children's Pavilion at Children's Hospital of Richmond at Virginia Commonwealth University.

  • STOCKHOLM, Oct 4- Skanska AB:. *Awarded college contract in UK for GBP 33 mln, about SEK 355 mln. *Says contract included in order bookings for Skanska UK for the third quarter 2012, construction to begin immediately.

  • For more on the company, double click TELIASONERA. "As a company you have a responsibility to ask questions, and my impression is that TeliaSonera has not really thought through how things work in this kind of countries," Szyber said.

  • For more on the company, double click TELIASONERA. "As a company you have a responsibility to ask questions, and my impression is that TeliaSonera has not really thought through how things work in this kind of countries," Szyber said.

  • *Rebel crisis fuels tension in Africa's most volatile region. KIGALI, Oct 4- President Paul Kagame said on Thursday Western governments were "dead wrong" in blaming Rwanda for the rebellion in neighbouring eastern Congo and threatening Kigali with aid cuts, and he pledged to stand firm against his accusers.

  • STOCKHOLM, Oct 3- Hackers shut down the website of Sweden's central bank on Wednesday and targeted two other official sites after activist group Anonymous was reported to have threatened it would launch a cyber attack in support of Internet file sharers. Several websites in Sweden have come under attack this week and crashed.

  • *China, Europe services PMI disappoint. NEW YORK, Oct 3- Oil prices fell sharply on Wednesday as disappointing economic data from China and Europe reinforced concerns about slowing growth and a weakening demand for petroleum, even as supportive U.S. data strengthened the dollar.

  • *China, Europe services PMI disappoint. NEW YORK, Oct 3- Oil prices fell sharply on Wednesday as disappointing economic data from China and Europe reinforced concerns about slowing growth and a weakening outlook for petroleum demand, even as supportive U.S. data strengthened the dollar.