×

Europe Top News and Analysis Sweden

  • STOCKHOLM, Oct 9- Swedish regulators are worried banks have too many assets tied up as collateral for their borrowing and want them to start stating how much they have pledged, minutes of a meeting of regulators showed on Tuesday.

  • By Olof Swahnberg STOCKHOLM, Oct 9- ST-Ericsson's owners Ericsson. A sale or break-up of the firm was not mentioned in the release, but Ericsson's head of media relations said all options were being looked at.

  • *MegaFon says Russia focus is key advantage. By Megan Davies and Maria Kiselyova.

  • STOCKHOLM, Oct 9- Little has been done to meet some European Union members' objections to a planned bank union, Swedish Finance Minister Anders Borg, who has criticised the plan, was quoted as saying on Tuesday. Sweden is outside the euro zone, but its banks are active in euro zone countries Estonia and Finland.

  • STOCKHOLM, Oct 9- Telecoms gear maker Ericsson. Parents Ericsson and STMicroelectronics said earlier in the day they were working with an external advisor to determine the best course for ST-Ericsson. "We are looking at all possible solutions," Ola Rembe, head of media relations for Ericsson, said.

  • STOCKHOLM, Oct 9- Swedish engineering group Sandvik has looked at a possible sale of its Sandvik Materials Technology business but decided not to proceed with a deal, leaving the unit off the block for now, a company spokesman said on Tuesday.

  • STOCKHOLM, Oct 9- ST-Ericsson's owners Ericsson. The comments follow media reports that STM and Ericsson had engaged U.S. investment bank JP Morgan to review all strategic options, including the search for a new partner or the sale of some assets. Ericsson and STMicroelectronics said they supported ST-Ericsson in its ongoing cost cutting programme.

  • Most of the net buying has focused on non-euro countries UK and Sweden while investors were small net buyers of Italy in September, the analysts write. However Spain, which saw its main stock index rally strongly over the summer, has continued to see net selling.

  • STOCKHOLM, Oct 9- Swedish engineering group Sandvik has looked at a possible sale of its Sandvik Materials Technology business but decided not to proceed with a deal, a company spokesman said on Tuesday.

  • *Nordic spot price for Wed seen at 36.4 euros/ MWh. Tuesday delivery was seen firming to 36.4 euros per megawatt-hour, compared with 33.5 euros on Monday. Combined windpower output in Denmark and Sweden was forecast to fall from around 3,000 MW on Tuesday to 1,600 MW on Wednesday, while colder weather was to boost consumption by 850 MW to 44,200 MW.

  • STOCKHOLM, Oct 9- Skanska AB:.

  • STOCKHOLM, Oct 9- EQT Corp:. *Tampnet has a leading position in the North Sea and operates the largest offshore high capacity communication network in the world. *Tampnet serves both the Norwegian and UK parts of the North Sea ().

  • HELSINKI, Oct 9- The following stocks may be affected by newspaper reports and other factors on Tuesday:. Citing one source, the paper said CEO Olof Faxander had appointed investment bank Greenhill as an advisor on a sale earlier this year, but the process was stopped after objections from the board.

  • PARIS, Oct 9- European stocks are set to inch higher on Tuesday, halting the previous session's sell-off as expectations mount of further stimulus measures from China, although gains could be limited by broad worries over global growth and on whether or not Spain will request a bailout. ,for Germany's DAX and for France's CAC were up 0.2-0.5 percent.

  • VIENNA, Oct 9- Vienna's stock exchange said on Tuesday it feared losing even more trade as a result of a tax on financial transactions set to be introduced in Austria and some other euro zone countries.

  • WASHINGTON, Oct 8- U.S. telecommunications operators should not do business with China's top network equipment makers because potential Chinese state influence on the companies poses a security threat, the U.S. House of Representatives Intelligence Committee said in a report on Monday.

  • STOCKHOLM, Oct 8- Scientists from Britain and Japan shared a Nobel Prize on Monday for the discovery that adult cells can be transformed back into embryo-like stem cells that may one day regrow tissue in damaged brains, hearts or other organs.

  • WASHINGTON, Oct 8- U.S. telecommunications operators should not do business with China's top telecom gear makers because potential Chinese state influence on the companies poses a security threat, the U.S. House of Representatives Intelligence Committee said in a report on Monday.

  • KIEV, Oct 8- Austria's Erste Group Bank could decide by the end of the year to sell its loss-making Ukrainian unit. "Ukraine has not lived up to expectations of economic development and the group is considering the question of whether it should continue working on the Ukrainian market," Erste Bank spokeswoman Yelena Pavlovskaya said on Monday.

  • STOCKHOLM, Oct 8- Scientists from Britain and Japan shared a Nobel Prize on Monday for the discovery that adult cells can be transformed back into embryo-like stem cells that may one day regrow tissue in damaged brains, hearts or other organs.