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Romanian beggar lands bumper lottery win
Photo: TT

Romanian beggar lands bumper lottery win

A Romanian man who slept under a bridge in a Swedish city and lived by begging recently landed a 210,000 kronor ($27,000) lottery win after buying a ticket on impulse, saying he now wants to build himself a house. READ  

Sweden joins 'The World' in Dubai project
The Heart of Europe project in Dubai. Photo: TT

Sweden joins 'The World' in Dubai project

Sweden is set to become an island in Dubai, complete with Viking longship-roofed villas, a floating restaurant and the chance to celebrate Midsummer with little risk of the customary rain spoiling the party. READ  

SAS to slash costs as profits nosedive
SAS profits took a dive in the fourth quarter. Photo: TT

SAS to slash costs as profits nosedive

Troubled Scandinavian airline SAS reported a sharp fall in net profits for the fourth quarter on Thursday and announced further cost-cutting measures to meet increasing competition from budget airlines. READ  

Sweden ranked fifth best country for business
Central Stockholm in the winter. Photo: Shutterstock.

Sweden ranked fifth best country for business

Forbes magazine has ranked Sweden as the fifth best country in the world for business. READ  

Zero percent interest rate extended in Sweden
Swedish coins. Photo: TT

Zero percent interest rate extended in Sweden

Sweden’s Riksbank is keeping its record low key interest rate at zero until at least the second half of 2016, it has announced. READ  

Nordic mining firm files for bankruptcy
The mine operated by Northland Resources in northern Sweden. Photo: Tornadalenmedia/TT

Nordic mining firm files for bankruptcy

Northland Resources, which employs over 800 people at its Swedish mine, have said that it will file for bankrupty citing a "dramatic fall" in iron ore prices. READ  

Nobel economist tells France to follow Sweden
Nobel Laureate Jean Tirole. Photo: TT

Nobel economist tells France to follow Sweden

Jean Tirole, the French Nobel Economics laureate for 2014 has urged his home country to follow similar economic reforms to Sweden, as he prepares to pick up his award in Stockholm later this week. READ  

Presented by Stockholm Business Region
Business in Stockholm: 'efficiency is money'
Stockholm Deputy Mayor Jan Valeskog speaks to business leaders at Stockholm City Hall. Photo: The Local

Business in Stockholm: 'efficiency is money'

Foreign companies are crucial to Stockholm’s future growth, the city’s deputy mayor emphasized this week, promising the Swedish capital is investing with international businesses in mind. READ  

My Swedish Career
Foreign students scrub their way to success
The green cleaners. Photo: Private

Foreign students scrub their way to success

Four international students who share a passion for sustainable development have filled a gap in the Swedish market for eco-friendly cleaning. For this week's My Swedish Career, we meet the founders of a new green business designed to make a lasting difference. READ  

Swedish store sweeps shelves of Nazi toys
Photo: TT

Swedish store sweeps shelves of Nazi toys

A department store in western Sweden is to clean up its toys section after customers complained over a number of miniature soldiers bearing Nazi symbols. READ  

Sweden economy shows unexpected growth
Sweden's economy is growing slowly. Photo: Shutterstock

Sweden economy shows unexpected growth

Sweden's economy expanded slightly more than expected in the third quarter of the year, according to statistics published on Friday. READ  

Skanska quits South America over corruption
File Photo: Gorm Kallestad/TT

Skanska quits South America over corruption

Swedish engineering giant Skanska has decided to pull out of the South American market after being dragged into a corruption scandal involving the Brazilian oil major Petrobras. READ  

Hospital in 'fairyland' tax haven claims
A model of the new Karolinska hospital being constructed in Stockholm. Photo: Bertil Enevåg Ericson/TT

Hospital in 'fairyland' tax haven claims

An estimated 1.3 billion kronor of taxpayers money set aside to build Sweden's most advanced hospital is alleged to have been channelled to a tax haven in Luxembourg by the companies behind the project. READ  

Sweden's Spotify turns up volume as losses fall
Spotify was created in 2008 in Sweden. Photo: Erik Mårtensson/TT

Sweden's Spotify turns up volume as losses fall

The world's biggest music streaming service, Spotify, has announced that its revenue grew by 74 percent in 2013 while net losses shrank by one third, in a year of spectacular expansion. READ  

Housing crisis limiting Sweden's growth
A housing development in Malmö. Photo: Flikr/Anders Bengtsson

Housing crisis limiting Sweden's growth

Sweden's economy won't expand as quickly as previously expected, says the Organisation for Economic Cooperation and Development (OECD) which has lowered its growth forecast for the country. READ  

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