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Europe Top News and Analysis Sweden

  • --Sweden- based hygiene and forest products group Svenska Cellulosa Aktiebolaget SCA has transformed into a consumer products group with a focus on hygiene products. --We believe that the group's business risk profile will benefit from its increasing focus on relatively stable hygiene products and the divestment of more volatile packaging operations.

  • The report raised questions in Sweden about Ikea's commitment to gender equality, and the company released a statement expressing "regret" over the issue. "We should have reacted and realized that excluding women from the Saudi Arabian version of the catalogue is in conflict with the IKEA Group values," the company said.

  • *Nordic spot price for Tuesday set at 31.76 euros/ MWh. Tuesday's delivery settled 31.76 euros a megawatt-hour from 31.02 euros on Monday. The day-ahead contract was quoted on the financial market in a bid-ask range of 31.5 euros and 32.5 euros a MWh by 1000 GMT.

  • STOCKHOLM, Oct 1- World number two truck maker AB Volvo said on Monday it had finalised the sale of its aerospace business to British engineering group GKN Plc for 6.9 billion Swedish crowns.

  • *Says agreement is five-year contract with LKAB for maintenance services at LKAB's mines, in Malmfalten, in northern Sweden.

  • STOCKHOLM, Oct 1- Sweden's manufacturing sector shrank for a second month in September and by more than expected, data showed on Monday, pointing to a rapid slowdown in the economy and raising expectations for another interest rate cut this year.

  • HELSINKI, Oct 1- The following stocks may be affected by newspaper reports and other factors on Monday:. The EU Commission has informed the Finnish steel company that the divestment of its Swedish melting and coil operations may not be enough to permit the approval of the Inoxum deal with Thyssenkrupp, Outokumpu said.

  • HELSINKI, Oct 1- The following stocks may be affected by newspaper reports and other factors on Monday:. The Norwegian telecoms group is expected to raise its stake in Vimpelcom by another 3.5 percent on Monday when an option by Egyptian tycoon Naguib Sawiris' Weather Investments expires.

  • *Tele2 AB enters into loan agreement with nordic investment bank. *Says loan agreement with nordic investment bank totalling EUR 74. *Says for the complementary financing of the Tele2 Mobile network expansion in.

  • AMSTERDAM, Oct 1- Royal Imtech NV:. *Imtech: imtech: new order for sustainable technology in karolinska hospital,. *Imtech says the orders for this project currently run to 34 million euro.

  • --We are affirming our' BBB-' long-term corporate credit rating on Alimentation Couche-Tard Inc.. after the company completed the acquisition of Statoil Fuel& Retail ASA, a Scandinavian convenience store and motor fuel retailer.

  • fx_fix_1_200.jpg

    China's trade report disappoints and Sweden talks tough — it's time for your FX Fix.

  • Chef Marcus Samuelsson visits Macy's Herald Square on July 2, 2012 in New York City.

    Marcus Samuelsson has exploded onto the crowded food scene. See how the former

  • According to the National Association of Convenience Stores, 2011 was a good year for the industry. Sales  prompting NACS Chairman Tom Robinson to conclude that “one-stop shopping and speed of service for refreshments, food and fuel… continues to resonate with our customers.”Perhaps no convenience store chain in the U.S. is as well-known as 7-Eleven, originator of the Slurpee and the Big Gulp. It operates over  throughout the country, but nearly twice that amount is found in Japan, home of Seven

    CNBC presents a list of 10 foreign-owned brands, businesses and landmarks that are perceived by the public to be as American as it gets.

  • SAAB

    Swedish automaker Saab has a rosier future in the China market after several years of uncertainty and a slew of potential suitors. The Caixin reports.

  • Julian Assange

    WikiLeaks' founder Julian Assange has taken refuge in Ecuador's embassy in London and asked for asylum, officials said on Tuesday, in a last-ditch bid to avoid extradition to Sweden over sex crime accusations.

  • In case you're feeling short on bad news from the euro zone, this strategist is watching an ominous capital shift.

  • The Brookings Institution recently issued a report the compared per-capita gross domestic product and changes in employment data from 2010 to 2011 in 200 of the world’s largest metropolitan areas. The report found that these areas produced 48 percent of global output despite accounting for only 14 percent of the world’s population and employment.In other findings: Ninety percent of the fastest-growing economies were outside North America and western Europe; U.S. metropolitan areas outperformed t

    The Brookings Institution analyzed the financial data of the world’s largest metropolitan areas and uncovered some interesting findings. Check out which cities were the most productive.

  • SAAB

    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.