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Volvo applies for massive European loan

Ford-owned Swedish car maker Volvo has applied for a 475 million euro loan from the European Investment Bank (EIB), the Swedish government said on Thursday.

Sweden offers ships to fend off pirates near Somalia

Sweden offers ships to fend off pirates near Somalia

Sweden plans to send naval vessels to assist an EU force protecting humanitarian aid from pirates off the coast of Somalia, pending approval by the Riksdag.

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New lift for Sweden’s minority languages

The Swedish government has promised to do more to preserve and promote the country’s official minority languages.

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Ericsson to announce 1,000 layoffs

Telecommunications giant Ericsson is set to give notice to 1,000 employees in Sweden later on Thursday, according to news agency TT.

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AstraZeneca profits up as more job cuts announced

Anglo-Swedish drugmaker AstraZeneca on Thursday reported 2008 annual net profits were up 9 percent to $6.10 billion, but that the company plans to shed 7,000 more jobs by 2013.

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What’s on in Sweden: January 30 – February 5

What's on in Sweden: Rodney Crowell and All That Remains in Stockholm; International Film Festival continues in Gothenburg; Dead Man Walking in Malmö.

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Nordea sold thongs and lingerie

The head office of Sweden's state-owned bank Nordea got its knickers in a twist this week on discovering that the website of its Polish subsidiary was selling thongs and see-through lingerie.

Club and concert tips: Stockholm, Gothenburg and Malmö

Club and concert tips: Stockholm, Gothenburg and Malmö

Reasons to be cheerful: All the latest weekend club and concert recommendations from The Local’s nightlife partners Djungeltrumman.

Malmö club and concert tips: Saturday, Jan 31

Malmö club and concert tips: Saturday, Jan 31

The Djungeltrumman club editor's tips.

Malmö club and concert tips: Friday, Jan 30

Malmö club and concert tips: Friday, Jan 30

The Djungeltrumman club editor's tips.

Gothenburg club and concert tips: Saturday, Jan 31

Gothenburg club and concert tips: Saturday, Jan 31

The Djungeltrumman club editor's tips.

Gothenburg club and concert tips: Friday, Jan 30

Gothenburg club and concert tips: Friday, Jan 30

The Djungeltrumman club editor's tips.

Stockholm club and concert tips: Saturday, Jan 31

Stockholm club and concert tips: Saturday, Jan 31

The Djungeltrumman club editor's tips.

Stockholm club and concert tips: Friday, Jan 30

Stockholm club and concert tips: Friday, Jan 30

The Djungeltrumman club editor's tips.

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Profits on the rise at Sweden’s H&M

Sweden's cheap'n chic fashion chain H&M on Thursday reported strong profit gains for the fourth quarter, bringing a welcome change to the stream of otherwise gloomy economic news.

Saab hit by new South Africa bribery probe

Saab hit by new South Africa bribery probe

A subsidiary of Swedish aerospace company Saab is under investigation for bribery in connection with the 1999 sale of JAS Gripen combat aircraft to South Africa.

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Zetterberg signs landmark contract with Detroit

Swedish star Henrik Zetterberg signed a 12-year multi-million dollar contract with Detroit in a deal that will likely keep him with the Red Wings for the remainder of his career.

Swede places second in prestigious cooking contest

Swede places second in prestigious cooking contest

Sweden’s 30-year-old culinary star Jonas Lundgren burnished his reputation and that of his homeland with a second place finish at the 2009 Bocuse d'Or cooking awards on Wednesday.