Swedes send 76 million Christmas text messages

Swedes send 76 million Christmas text messages

Customers from the leading Swedish mobile providers Tele2, Telia, Telenor and 3 sent more than 76 million Christmas greetings via text message, creating a new Swedish record for SMS traffic on Christmas Eve.

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Attempted tax dodge ends up costing Swedish firms dearly

Several hundred Swedish companies will have to pay back a total of half a billion kronor ($70 million) in back taxes after having moved funds to Cyprus in order to evade taxes, reported Swedish Television (SVT).

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King and queen to launch new youth forum

In traditional Christmas speeches on December 25, Swedish King Carl XVI Gustaf and Queen Silvia announced the launch of a new forum for children and youth in honour of the 20th anniversary of the United Nation's Convention of the Right's of the Child.

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Swedes rush to sell unwanted Christmas gifts

As one of the busiest retail days of the year kicks off, one in every three Swedes will exchange their Christmas gifts this year, according to a survey. Many are also selling their unwanted presents online.

Geely to run Volvo as an independent brand

Geely to run Volvo as an independent brand

Volvo will remain intact if Chinese carmaker is successful in its bid to purchase the Swedish brand from US auto manufacturer Ford, according to Geely's top executive, who was quoted by the state-run Chinese media on Friday.