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Europe Top News and Analysis Sweden

  • --We think that tougher economic conditions in the remainder of 2012 and in 2013 could lead to further tightening of already tight covenant headroom and potential pressure on liquidity for Sweden- based leisure-product maker Dometic Group. --We are lowering our rating on Dometic to' B-' from' B' and the issue rating on Dometic's EUR202 million PIK note to' CCC' from' CCC+'.

  • STOCKHOLM, Oct 8- Scientists from Britain and Japan shared the Nobel Prize in Medicine on Monday for the discovery that adult cells can be reprogrammed back into stem cells which can turn into any kind of tissue and may one day repair damaged organs.

  • *China's telecom gear makers pose potential risk- panel draft. WASHINGTON/ HONG KONG, Oct 8- China's top telecoms gear makers should be shut out of the U.S. market as potential Chinese state influence on them poses a security threat, the U.S. House of Representatives' Intelligence Committee said in a draft of a report to be released on Monday.

  • STOCKHOLM, Oct 8- A British and a Japanese scientist won the Nobel Prize for Medicine on Monday for work on creating stem cells, opening the door to new methods to diagnose and treat diseases. Briton John Gurdon and Japan's Shinya Yamanaka equally share the prize of 8 million crowns, the Nobel Assembly at Sweden's Karolinska Institute said in a statement.

  • OSLO, Oct 8- Nordic spot power prices were expected to rise on higher exports to Germany and colder weather boosting consumption, analysts said on Friday. Consumption in Norway, Sweden and Finland is expected to rise by 960 MW to 43,400 MW as temperatures were forecast to drop by 1.8 degrees Celsius.

  • WASHINGTON/ HONG KONG, Oct 8- China's top telecoms gear makers should be shut out of the U.S. market as potential Chinese state influence on them poses a security threat, the U.S. House of Representatives' Intelligence Committee said in a draft of a report to be released on Monday.

  • For more on the company, double click on NOKIA. Dame Marjorie Scardino is preparing to give up her role as the vice-chair of the Finnish phone-maker Nokia, Financial Times reported on Sunday, just days after Scardino announced her departure from the helm of Pearson.

  • WASHINGTON/ HONG KONG, Oct 8- China's top telecoms gear makers should be shut out of the U.S. market because potential Chinese state influence on them poses a security threat, the U.S. House of Representatives' Intelligence Committee said in a draft of a report to be released later on Monday.

  • Dame Marjorie Scardino is preparing to give up her role as the vice-chair of the Finnish phone-maker Nokia, Financial Times reported on Sunday, just days after Scardino announced her departure from the helm of Pearson. Scardino, Nokia's vice-chair since 2007, was quoted as saying it was a "natural schedule" to leave the board next spring.

  • STOCKHOLM, Oct 8- IKEA, the world's largest furniture retailer, pushed ahead on Monday with a plan to open its first stores in India following the relaxation of rules on sourcing from local suppliers.

  • WASHINGTON, Oct 7- China's top telecommunications gear makers should be shut out of the U.S. market because potential Chinese state influence on them poses a security threat, the U.S. House of Representatives' Intelligence Committee said in a draft of a report to be released on Monday.

  • SINGAPORE, Oct 8- Indonesia is buying submarines from South Korea and coastal radar systems from China and the United States. Vietnam is getting submarines and combat jets from Russia, while Singapore- the world's fifth-largest weapons importer- is adding to its sophisticated arsenal.

  • *More sanctions on Iran being prepared in Europe. BRUSSELS, Oct 5- The European Union has begun discussing the possibility of a broad trade embargo against Iran, moving beyond the web of energy, business and financial restrictions imposed so far, in an effort to pressure Tehran not to build nuclear weapons.

  • 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.