• Sweden edition

Handels

The following articles have been tagged with "Handels":

'Stockholm to outpace London growth by 2030'

Business & Money: 23 Apr 13
Stockholm's population is among the fastest growing among European cities, with a new report by the city's chamber of commerce suggesting that by 2030, the Swedish capital will overtake London as the fastest growing city in western Europe. READ »

Banks probed for peddling client names

Business & Money: 19 Apr 13
Several Swedish banks are suspected of passing on the names of customers who have been denied a mortgage to other lenders who offer higher interest rates to high-risk borrowers. READ »

Swedish bra saleswoman wins discrimination case

National: 10 Apr 13
The top Swedish labour tribunal on Wednesday found a Swedish lingerie shop guilty of gender discrimination after making female staff wear a pin stating their bra size. READ »

Karolinska Institute tops university list again

Education: 8 Apr 13
Stockholm's Karolinska Institute has come up trumps in an annual ranking of Sweden's top universities and colleges. READ »

Sweden's jobless a cash cow for coaching firms

Business & Money: 3 Apr 13
Private sector job coaching firms are earning double-digit profit margins from taxpayer-funded contracts with Sweden's Employment Agency to help unemployed Swedes back into the workforce. READ »

Borg: Cyprus has a week to avoid collapse

Business & Money: 20 Mar 13
Swedish Finance Minister Anders Borg has said that Cyprus has around a week to find a negotiated settlement to its financial travails or face the prospect of meltdown. READ »

Thousands of Swedes hit with porn surfing bills

Business & Money: 15 Mar 13
A Swedish company with a dubious past has sent out invoices to thousands of Swedes demanding payment for allegedly visiting pornographic websites. READ »

Sweden launches new trade promotion agency

Business & Money: 16 Jan 13
Sweden has launched a new investment and trade promotion agency, Business Sweden, to replace two previous organizations that helped Swedish companies expand abroad and attract foreign investment to Sweden. READ »

Four remanded after Stockholm bank raid

National: 14 Jan 13
Four men were ordered held on remand on Sunday, on the suspicion of their involvement in Thursday's armed bank robbery in northern Stockholm. READ »

Two arrested after bank robbery shoot-out

Business & Money: 10 Jan 13
Two men have been arrested after opening fire on police with automatic weapons in a north Stockholm bank robbery on Wednesday, while police in southern Stockholm were kept busy with another raid on an armoured car. READ »

Robbery attempt shuts parts of Stockholm metro

National: 3 Jan 13
The attempted robbery of a cash transit vehicle prompted Stockholm police to disrupt traffic at three central metro stations on Thursday as they attempted to chase down the robbers who reportedly used smoke bombs to aid their getaway. READ »

New app lets Swedes transfer cash via mobile

Science & Technology: 19 Dec 12
Sweden’s major banks have joined forces to launch an app allowing users to transfer money in real time using mobile technology, simplifying restaurant bill-paying and moving Sweden one step closer to being a cashless society. READ »

Swedish banks reported for WikiLeaks blockade

Business & Money: 18 Dec 12
Sweden's Pirate Party has filed a complaint with the country's financial system watchdog alleging Swedish banks have been complicit in a long-running blockade of donations to WikiLeaks. READ »

Social Democrats: no ban on welfare sector profits

Politics: 26 Oct 12
The Social Democrats said on Friday they would not call for a ban on profits by companies working in the welfare sector, arguing instead for stronger regulations, increased transparency, and tougher demands on quality. READ »

Nordea profit rise fails to meet forecasts

Business & Money: 24 Oct 12
Swedish bank Nordea announced a nearly 70 percent rise in third-quarter profits on Wednesday mainly thanks to higher lending and a tighter control on costs, but nevertheless failed to meet analysts' expectations. READ »

Swedish banks 'a safe haven' from euro crisis

National: 14 Oct 12
Swedish banks report having seen a boost in foreign investors seeking safer investments away from the troubled eurozone. READ »

Ikea slammed over anti-union bullying in Turkey

Business & Money: 7 Sep 12
Swedish unions have blasted furniture giant Ikea following reports that workers at Ikea stores in Turkey have been threatened and harassed over union membership. READ »

Fury over strawberry vendor's baseball bat

Business & Money: 19 Jul 12
A strawberry vendor in western Sweden was given a baseball bat as a means of protecting herself, prompting unions to cry foul about sub-standard working conditions for street-side fruit sellers. READ »

Helping keep entrepreneurs ticking along in Stockholm

Study in Sweden: 16 Jul 12
The Stockholm School of Economics not only trains the next generation of executives, it also serves as a laboratory for budding entrepreneurs to get ventures like hi-tech watchmaker Mutewatch off the ground. READ »

Business degree prepares Chinese student for globalized job market

Education: 3 Jul 12
The globalization of the professional jobs market means that there is more pressure than ever on students to think strategically when choosing courses. For Wenwei Li from China, a Stockholm University MSc in banking and finance has helped secure a job as a financial analyst in Shanghai. READ »

Lundin stakes sold over rights probe rejection

Business & Money: 31 May 12
Swedish insurance giant Folksam as well as the Handels trade union are dumping their shares in Lundin Petroleum over the oil company's refusal to agree to an independent probe of suspected human rights violations committed in connection with its operations in Sudan and Ethiopia. READ »

Stockholmers spend more time commuting than on holiday: report

Business & Money: 28 May 12
Stockholmers commute for an average of 6.4 working weeks each year, which is more time than they spend on holiday, a new study has found. READ »

Three Swedish banks downgraded by Moody's

Business & Money: 25 May 12
Moody's Investors Service on Thursday downgraded its long-term ratings on three Swedish banks, believed to be at risk if the European financial crisis deepens. READ »

Sweden in narrow escape from loo roll shortage

Business & Money: 13 Apr 12
The looming toilet paper dearth in Sweden following threats of a solidarity strike among Swedish paper workers is over after retail employees on Thursday agreed to the mediators’ bid. READ »

Swedes face toilet paper shortage in wake of strike threat

Business & Money: 10 Apr 12
The threat of a toilet paper shortage looming large over Sweden on Wednesday after a labour union warned it would block deliveries from several Swedish toilet paper factories in a show of solidarity with another union group. READ »

Students opt for Swedish companies: survey

Business & Money: 14 Mar 12
Swedish students have their eye on home-grown companies when it comes to joining the work force after graduation, according to a recent survey. READ »

Americans in Sweden suffer US tax crackdown

Analysis & Opinion: 6 Mar 12
US citizens living in Sweden, as well as Swedish financial institutions, are grappling with the effects of a recent crackdown by US tax authorities that has left many US expats facing massive penalties, contributor Judi Lembke discovers. READ »

Live Blog: Sweden celebrates new princess

Lifestyle: 24 Feb 12
Sweden's Crown Princess Victoria gave birth to a daughter in the early hours of Thursday morning. The Local brings you all the latest news, reactions, and details surrounding Sweden's first royal birth in more than three decades. READ »

Handelsbanken posts strong 2011 report

Business & Money: 15 Feb 12
Handelsbaken, Sweden's second largest bank, on Wednesday reported much-improved earnings for 2011, largely thanks to a drop in credit losses. READ »

Stockholm ranked among world's top student cities

Education: 15 Feb 12
Stockholm beat out Helsinki and Copenhagen, as well as several other university towns in northern Europe in a ranking of the “Best Student Cities in the World” published this week. READ »

Swedish recruiters check jobseekers on the net

Business & Money: 13 Feb 12
40 percent of recruiters are checking potential employee’s social networking pages during the hiring process, a figure which has shot up from last year, according to a recent report. READ »

Bra-size name tag 'outrage' headed to court

Society: 17 Jan 12
A complaint from a former lingerie shop employee upset at being forced to wear a name tag displaying her bra size has prompted a Swedish union to file a discrimination lawsuit against the company that runs the store. READ »

Tougher demands for Sweden's biggest banks

Business & Money: 25 Nov 11
Sweden on Friday announced plans to beef up the capital adequacy requirements for the country's four largest banks to help protect the Swedish banking system amid the ongoing eurozone debt crisis. READ »

One in four Swedes a Stockholmer by 2020

National: 10 Nov 11
25 percent of all Swedes are expected to be living in the greater Stockholm area within the next ten years, according to a new study. READ »

Greece default 'a threat' to Sweden: minister

Politics: 5 Nov 11
Although the Greek PM Giorgos Papandreou won a narrow vote-of-confidence late Friday, Sweden's European Union Affairs Minister Birgitta Ohlsson warned that a default by Greece would directly threaten Sweden's economy. READ »

Vattenfall suing Germany over nuke phaseout

Business & Money: 3 Nov 11
Sweden's state-owned energy giant Vattenfall is reportedly planning to file suit against the German government over the closure of its nuclear power plants. READ »

Staff bra sizes on display at Swedish lingerie shop

Society: 1 Nov 11
The Swedish branch of a Scandinavian lingerie chain is under fire after making employees wear name tags displaying both their bust circumferences and cup sizes. READ »

Stockholm stock market up on Greek tax vote

Business & Money: 28 Sep 11
At the close of trading on Tuesday, the Stockholm stock exchange OMXS index had risen by 5.7 percent on the back of positive news from Greece. READ »

Swedish bank bans sneakers

Business & Money: 14 Sep 11
A manager at Swedish bank Handelsbanken has demanded "proper attire" from his staff, enforcing a total ban on sneakers even on "casual Friday". READ »

Lending scandal rocks Handelsbanken

Business & Money: 12 Sep 11
A high-ranking manager at Swedish bank Handelsbanken has been arrested on suspicion of having lent out millions of kronor to several companies in violation of the bank's regulations. READ »

'Avoid studying in large cities': minister

Education: 25 Aug 11
Sweden's housing minister Stefan Attefall suggested on Wednesday that students should avoid enrolling in universities in big cities where housing is scarce, drawing sharp criticism from a number of quarters. READ »

Stockholm stock exchange plummets

Business & Money: 18 Aug 11
The Stockholm stock exchange was down 6.2 percent on Thursday afternoon when trading closed, making the drop the steepest since November 2008. A broad fall among other European stock markets means fears of a recession are mounting. READ »

Stockholm stock market in record fall

Business & Money: 9 Aug 11
The Stockholm stock market fell 5.2 percent on Monday - the worst fall in nearly three years. READ »

Stockholm stock market in shaky opening

Business & Money: 8 Aug 11
As expected the Stockholm stock exchange opened sharply down on Monday although after an hour's trading had rebounded into positive territory as the market battled to digest the weekend's global finance developments. READ »

Former Swedish minister joins Goldman Sachs

Business & Money: 26 Jul 11
Former Swedish finance minister Eric Åsbrink has been given a new position as an advisor at the United States' largest investment bank Goldman Sachs. READ »

Swedish banks pass EU stress test

Business & Money: 16 Jul 11
Ten banks in Sweden, Norway and Finland passed European Union stress tests, their financial regulators announced on Friday. READ »

ONOFF staff left reeling after bankruptcy: union

Business & Money: 12 Jul 11
Swedish home electronics chain ONOFF's bankruptcy came as a surprise to employees who were ‘shocked’ to hear the news of the chain’s demise on Monday. READ »

Holding back wages 'last resort': experts

National: 23 Jun 11
The future of disaster-riddled carmaker Saab doesn’t look bright, according to several analysts, who say that holding back salaries is a company’s very last way out. READ »

Police face machine gun fire in bank robbery

National: 18 May 11
A branch of Handelsbanken in Flen in eastern Sweden was robbed on Wednesday morning by masked men armed with machine guns. Police later issued a nationwide-alert in hopes of catching the perpetrators. READ »

Loan loss fall boosts Handelsbanken profits

Business & Money: 27 Apr 11
Swedish bank Handelsbanken, the country's second largest by capitalisation, has posted a slight increase in profits on the back of a sharp fall in bad loan losses. READ »

Stockholmers pay half of Sweden's taxes: study

Business & Money: 18 Apr 11
Roughly half of Swedish tax revenues are generated by residents in and around the capital city of Stockholm, according to a new study. READ »

Go your own way – setting up a business in Sweden

Analysis & Opinion: 31 Mar 11
Fed up with trying to find a job in Sweden? Why not try starting your own business? As The Local's Geoff Mortimore discovers, it's not always easy, but there is plenty of help available, regardless of your Swedish language skills. READ »

Ericsson tips Volvo head as new board chair

Business & Money: 3 Mar 11
Swedish telecommunications giant Ericsson announced plans on Thursday to appoint Leif Johansson, the outgoing CEO of Swedish heavy vehicle manufacturer Volvo, as its new chairman of the board. READ »

Borg bashes Swedish banks' booming profits

Business & Money: 2 Mar 11
Sweden’s Finance Minister Anders Borg wants to put the squeeze on Swedish banks, where profits have swelled, shareholder dividends ballooned, and interest margins on mortgages doubled. READ »

Scania MAN merger on hold

Business & Money: 2 Feb 11
Swedish truckmaker Scania reported booming profits in its 2010 report published on Wednesday, advising that the proposed merger with Germany's MAN is on hold. READ »

Alliance faces defeat in sale of state-owned firms

Business & Money: 21 Jan 11
Sweden's ruling minority Alliance coalition may lose yet another vote in parliament after the Sweden Democrats announced their intention to support a motion to stop or restrict the sale of state-owned enterprises. READ »

Swedish watchdog fines two banks over funds

Business & Money: 20 Jan 11
The Swedish Financial Supervisory Authority has fined both Swedbank and Handelsbanken for shortcomings in their depositary bank functions, the agency said in a statement on Thursday. READ »

Swedes shy away from stock market: study

Business & Money: 19 Jan 11
The number of Swedes playing the stock market dropped in 2010, according to new statistics, while telecom firms Ericsson and TeliaSonera topped the list of Swedish firms with the most shareholders. READ »

Housing costs cause Swedish inflation spike

Business & Money: 13 Jan 11
A substantial increase in housing costs and higher prices for electricity and food raised Sweden's inflation rate to the unexpectedly high level of 2.3 percent in December, exceeding the central bank's target. READ »

New firm start ups at record highs

Business & Money: 1 Dec 10
The number of newly registered Swedish companies increased by 30 percent in November, according to new figures published on Wednesday. READ »

Swedish banks join fight against child porn

Business & Money: 24 Nov 10
Cooperation between Swedish banks and police to stop the purchase of child pornography images over the internet has proved effective, the national banking association announced on Wednesday. READ »

Handelsbanken profits up as loan losses fall

Business & Money: 20 Oct 10
Sweden’s Handelsbanken reported a 12 percent increase in net profits for the third quarter on Wednesday, as reduced losses on lending activities made up for falling net interest income. READ »

HQ Bank announces involuntary liquidation

Business & Money: 30 Aug 10
Swedish investment bank HQ has failed to find a solution to enable it to continue trading and the process of involuntary liquidation has been set in motion, the bank has confirmed in a statement. READ »

3 Swedish universities make top 100 list

Education: 18 Aug 10
Three Swedish universities, Karolinska Institute (KI) and Uppsala and Stockholm Universities, made the top 100 of the Academic Ranking of World Universities compiled annually by Shanghai Jiao Tong University. READ »

Swedish banks pass EU stress test

Business & Money: 24 Jul 10
Sweden's four main banks are well equipped to withstand the fallout from a financial crisis, according to the results of stress tests carried out on banks in the European Union. READ »

SKF reports hike in profits after sales boost

Business & Money: 15 Jul 10
Swedish industrial bearings giant SKF has reported an increase in second-quarter profits on the back of higher sales and production on 2009. READ »

Man held after Stockholm bank drama

National: 2 Jul 10
A man was arrested after police stormed a branch of Handelsbanken on Östermalmstorg in central Stockholm shortly before 2.30pm on Friday bringing an end to a hostage drama and suspected attempted robbery. READ »

Swedish growth hits European big league

Business & Money: 28 May 10
Sweden has exceeded analysts' economic forecasts with quarterly growth up 1.4 percent and year-on-year figures placing the country at the top of the European pile. READ »

Debt and Korea cause Stockholm market fall

Business & Money: 25 May 10
Increasing concern about the European debt crisis and renewed tensions between North and South Korea caused share prices in Stockholm to fall sharply on Tuesday. READ »

Stockholm markets recoil on debt crisis concerns

Business & Money: 11 May 10
The Stockholm stock exchange followed markets across Europe and Asia downwards on Tuesday morning after a day of significant gains on Monday and indicating that the recent turbulence remains. READ »

Tax agency grants day's grace

National: 4 May 10
The Swedish Tax Agency has extended the deadline for the submission of tax returns for those unable to file online on Monday after the system proved unable to cope with the high demand. READ »

Tax agency swamped with online declarations

Business & Money: 3 May 10
The Swedish Tax Agency website struggled to cope on Sunday as large numbers of people filed last minute online declarations, with many greeted with a message to try again in 15 minutes. READ »

Chinese pop star in Reinfeldt tax plea

Society: 28 Apr 10
Chinese superstar pop singer Wei Wei has appealed to Sweden's Prime Minister Fredrik Reinfeldt to intervene to settle a dispute with the Swedish tax authorities, which she claims have recently begun seizing her assets. READ »

Stockholm universities top student wish list

Education: 23 Apr 10
Stockholm universities are among the top choices for students this autumn, with medicine, law and economics the most popular fields of study, according to a new report. READ »

Volvo stock responds to positive report

Business & Money: 23 Apr 10
Swedish truck maker Volvo AB topped the list of winners as the Stockholm stock exchange opened for business on Friday after reporting positive interim figures. READ »

Robberies raise prospect of retail cash ban

Business & Money: 14 Apr 10
The head of the Swedish Work Environment Authority has raised the prospect of a ban on cash in Sweden's retail stores to help tackle the growing problem of robbery. READ »

Retail union calls off strike action

Business & Money: 8 Apr 10
The threat of strike action at Swedish retailers is no more after the union and employer groups concluded a new collective agreement. READ »

Karolinska tops university rankings: report

Education: 5 Apr 10
Karolinska Institutet (KI), Handelshögskolan in Stockholm, and the Swedish University of Agricultural Sciences (Sveriges lantbruksuniversitet – SLU) top the 2009 rankings of Swedish institutions of higher education. READ »

Unions postpone Easter retail strike

National: 29 Mar 10
Swedish retailers will not be hit with a strike over Easter after unions agreed to delay their strike notice by a week. READ »

Retail union announces Easter strike

Business & Money: 22 Mar 10
The Swedish Commercial Employees' Union has served notice of strike action from April 1st, covering 5,000 employees and affecting retail chains such as Ica, H&M, Ikea, Åhléns and Hemköp. READ »

Risk of Easter strike looms

National: 21 Mar 10
Negotiations between the Commercial Employees´ Union (Handelsanställdas förbund) and the Swedish Federation of Trade (Svensk Handel) employers' organisation have stalled, according to the trade union. READ »

Sweden's GDP growth at post-war low

Business & Money: 1 Mar 10
Sweden's GDP declined by 1.5 percent in the fourth quarter, making 2009 the worst year for growth since World War Two, according to a new report from Statistics Sweden (SCB). READ »

Handelsbanken ups dividend as profits slump

Business & Money: 18 Feb 10
Swedish bank Handelsbanken trumped market expectations despite reporting a slump in fourth quarter profits on Thursday. READ »

Nordea sees profits fall

Business & Money: 10 Feb 10
Nordic banking group Nordea has reported an operating profit of €592 million ($815 million) for the final quarter 2009, down on a profit of €781 million in the corresponding period of last year. READ »

Fewer student swindlers suspended for cheating

Education: 29 Jan 10
A tighter control of plagiarism across the Swedish education system is thought to be working after the number of students suspended on grounds of cheating at colleges and universities fell by 15 percent last year. READ »

Big fat Greek bailout 'unlikely': Borg

Business & Money: 9 Dec 09
Sweden’s finance minister Anders Borg warned Greece on Wednesday that European countries were unlikely to help the Mediterranean nation solve its current budget crisis. READ »

US retailer incurs Swedish union wrath

Society: 29 Nov 09
The Stockholm branch of Urban Outfitters, a US clothing retail chain, has found itself under fire after sacking its entire workforce after they voiced demands a collective union agreement. READ »

Bankers blindsided by con artist's creamy cake

Society: 16 Nov 09
A well-dressed Swedish fraudster treated bank employees to cake as thanks for helping him make off with 12 million kronor ($1.75 million) in cash and gold. He has now been sentenced to eight years in prison. READ »

Handelsbanken beats forecasts despite profit dip

Business & Money: 28 Oct 09
Sweden’s Handelsbanken on Wednesday announced lower quarterly profits which nevertheless beat forecasts on the back of a jump in earnings from basic lending operations. READ »

Stockholmers 'fund the rest of Sweden': report

Politics: 21 Oct 09
Stockholm-area taxpayers help fund the rest of Sweden to the tune of 14 billion kronor ($2 billion) a year to put the country’s municipalities on an equal financial footing. READ »

Obama to 'shut down' Öresund Bridge

National: 30 Sep 09
Even though US president Barack Obama isn't setting foot in Sweden, his planned visit to Copenhagen on Friday is expected to cause headaches for Malmö-area businesses and commuters. READ »

Swedish banks' bonus bonanza continues

Business & Money: 29 Sep 09
The four main Swedish banks, some of which have requested bailout money from shareholders and the state, are expected to dish out a whopping 5.4 billion kronor ($769 million) in employee bonuses for 2009. READ »

Bank explodes in Malmö smash and grab raid

National: 24 Aug 09
A bank cash dispenser on Södra Förstadsgatan in Malmö exploded at 5am on Monday morning in what police believe to be a spate of connected robbery attempts. READ »

Collapse in Swedish residential construction

Business & Money: 19 Aug 09
Residential construction collapsed by 45 percent during the first half of 2009, new figures show. Analysts warn of housing shortages and high prices as a result. READ »

Swedish consortium enters battle for Volvo

Business & Money: 15 Aug 09
A new consortium dominated by Swedish owners has at the last minute joined in the battle to purchase Volvo Cars from Ford, according to media reports. READ »

Early signs of recovery in Stockholm

Business & Money: 5 Aug 09
The wave of unemployment is expected to subside, business has picked up and the number of consulting jobs has increased in Stockholm, according to new figures from the Stockholm Chamber of Commerce READ »

Two Swedish banks surprise on the upside

Business & Money: 21 Jul 09
Sweden's two largest banks exceeded market expectations, with Nordea and Handelsbanken both boasting profit increases in their second quarter reports on Tuesday. READ »

Strike could threaten Midsummer schnapps

Business & Money: 15 Jun 09
An unofficial strike at a Swedish alcohol retail monopoly warehouse south of Stockholm is currently underway, possibly threatening the supply of Sweden's favourite holiday beverage. READ »

Latvia fears prompt rollercoaster ride for Swedish bank shares

Business & Money: 4 Jun 09
Share prices of Sweden’s leading banks recovered somewhat on Thursday after major drops on Wednesday in the wake of fears that Latvia may devalue its currency. READ »

Swedish banks able to survive increased losses: Riksbank

Business & Money: 2 Jun 09
While Swedish banks are expected to suffer increased losses due to the credit crisis through 2010, the Riksbank believes the country’s banks have sufficient capital to deal with the situation. READ »

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Highlights
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Blog Update: Boston Blatte

20 May 15:25

Hockey. Hockey. Hockey. »

"BANG!!!! BANG!!!! BANG!!! In the midst of the Stanley Cup’s Eastern Conference semifinals series, every Bostonian knows it is all about Bruins ice hockey. Oh right. I am in Sweden, home of the 2013 International Ice Hockey Federation GOLD Champions. And there is certainly no doubt ice hockey fever has taken over Sweden. A lot of Swedes,..." READ »

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