International Business News - Sweden http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The Swedish government says it is drafting a law that will allow record and film companies to pursue Internet users sharing music and movies illegally. http://www.ibtimes.com/articles/20081204/swedish-govt-mulls-new-anti-file-sharing-law.htm Thu, 04 Dec 2008 07:34:02 EST Sweden's central bank on Thursday cut its key interest rate by a record 1.75 percentage points to 2 percent to soften the fall in the economy triggered by the global financial crisis. http://www.ibtimes.com/articles/20081204/swedish-riksbank-cuts-interest-rate-by-1-75-points.htm Thu, 04 Dec 2008 06:02:19 EST Swedish truckmaker Scania AB on Wednesday said it will halt its truck production in Europe for one month because of a drop in orders. Scania's spokesman Hans-Ake Danielsson said five plants and around 9,000 of Scania's 11,800 production staff will be affected by the temporary closure. The stoppage will run from Dec. 19 to Jan. 19, including public holidays. http://www.ibtimes.com/articles/20081203/scania-suspends-truck-production-for-1-month.htm Wed, 03 Dec 2008 08:52:31 EST The Swedish government on Wednesday said it's ready to support U.S.-owned automakers Volvo and Saab but doesn't want to take over the troubled brands. http://www.ibtimes.com/articles/20081203/sweden-ready-to-support-but-not-buy-volvo-saab.htm Wed, 03 Dec 2008 07:59:34 EST Shaking hands with yourself is an amusing out-of-body experience. The illusion of having your stomach slashed with a kitchen knife, not so much. Both sensations, however, felt real to most participants in a Swedish science project exploring how people can be tricked into the false perception of owning another body. http://www.ibtimes.com/data/articleimgs/187195-sweden-body-swapping.jpg http://www.ibtimes.com/articles/20081202/body-swap-illusion-tricks-mind-in-new-study.htm http://www.ibtimes.com/articles/20081202/body-swap-illusion-tricks-mind-in-new-study.htm Tue, 02 Dec 2008 08:53:46 EST The Swedish government confirmed Monday it is in talks with General Motors Corp. and Ford Motor Co. after a report that the U.S. automakers are seeking support for their struggling Swedish brands Saab and Volvo Cars. http://www.ibtimes.com/articles/20081201/sweden-talks-to-us-carmakers-about-saab-volvo.htm Mon, 01 Dec 2008 07:38:30 EST Sweden has slipped into recession as the economy shrank for the second consecutive quarter, the Scandinavian country's statistics agency said Friday. Statistics Sweden said seasonally adjusted gross domestic product fell 0.1 percent in the third quarter, compared to the previous quarter. GDP also fell 0.1 percent in the second quarter, the agency said. http://www.ibtimes.com/articles/20081128/sweden-in-recession-as-3q-gdp-falls.htm Fri, 28 Nov 2008 06:17:39 EST Scandinavian airline operator SAS AB wants to increase its ownership in Estonian Air by buying the Estonian government's 34 percent stake in the troubled airline, a SAS spokesman said Thursday. http://www.ibtimes.com/articles/20081127/sas-wants-to-increase-stake-in-estonian-air.htm Thu, 27 Nov 2008 11:24:39 EST Besides death threats from zealots and mobsters, writers Salman Rushdie and Roberto Saviano said Tuesday that questions about their integrity hurt the most. http://www.ibtimes.com/data/articleimgs/181843-sweden-saviano-rushdie.jpg http://www.ibtimes.com/articles/20081125/writers-rushdie-saviano-discuss-death-threats.htm http://www.ibtimes.com/articles/20081125/writers-rushdie-saviano-discuss-death-threats.htm Tue, 25 Nov 2008 16:45:50 EST Swedish fashion retailer H&M AB on Tuesday said Britain's Matthew Williamson will design its summer guest collection. The company said a women's collection by Williamson will be launched globally on April 23 and a summer collection for both men and women in mid-May. http://www.ibtimes.com/articles/20081125/matthew-williamson-to-design-collection-for-h-m.htm Tue, 25 Nov 2008 08:48:17 EST Skanska AB, the Nordic region's biggest construction group, said Tuesday it will slash 3,400 jobs, or almost 6 percent of its work force, due to a weakening in the construction market. http://www.ibtimes.com/articles/20081125/swedens-skanska-to-cut-3-400-jobs.htm Tue, 25 Nov 2008 06:26:16 EST Lars G. Nordstrom isn't the only CEO being criticized these days for earning too much money during the world financial crisis. But he may be one of the few who has reacted by deciding to work for free. http://www.ibtimes.com/articles/20081122/swedish-ceo-says-he-will-work-for-free.htm Sat, 22 Nov 2008 12:30:39 EST Swedish engineering firm Sandvik AB Thursday announced a series of production cuts and layoffs, among which 1,040 permanent workers in Sweden, saying the negative impact of the global financial crisis has accelerated in the fourth quarter. http://www.ibtimes.com/articles/20081120/engineering-firm-sandvik-cuts-jobs-production.htm Thu, 20 Nov 2008 03:34:02 EST Swedish health officials say they will remove transvestism, fetishism and sadomasochism from the country's official list of diseases and mental disorders. http://www.ibtimes.com/articles/20081119/sweden-says-transvestism-is-not-a-disease.htm Wed, 19 Nov 2008 13:08:33 EST Sweden's financial markets minister is warning that the government's bank guarantee scheme could become compulsory for the country's main banks unless more of them sign up for it. http://www.ibtimes.com/articles/20081115/sweden-banks-may-have-to-join-guarantee-scheme.htm Sat, 15 Nov 2008 11:35:57 EST Sweden's financial markets minister warns that the government's bank guarantee scheme could become compulsory for the Nordic country's main banks unless more of them sign up for it. http://www.ibtimes.com/articles/20081115/sweden-banks-may-have-to-join-guarantee-scheme.htm Sat, 15 Nov 2008 10:27:36 EST A man who falsely told the FBI that his son-in-law visiting the United States had links to al-Qaida and supported the "Muslim world's revenge on U.S. terror" had his prison sentence reduced on Thursday. http://www.ibtimes.com/articles/20081113/reduced-sentence-for-swedish-man-in-al-qaida-scam.htm Thu, 13 Nov 2008 14:11:15 EST Twenty-four hours after the Swedish state announced it would take control of troubled investment bank Carnegie for illegal trading, the company's chief executive finally faced media Tuesday, saying his firm had not intentionally broken the law. http://www.ibtimes.com/articles/20081111/swedens-carnegie-ceo-law-broken-unintentionally.htm Tue, 11 Nov 2008 07:35:44 EST Swedish truck and bus maker Volvo AB Tuesday said it will lay off nearly 1,000 staff at its powertrain unit in Sweden and the United States as the global financial crisis continues to weigh on the demand for heavy vehicles. http://www.ibtimes.com/articles/20081111/volvo-to-cut-1-000-jobs-in-sweden-north-america.htm Tue, 11 Nov 2008 10:35:27 EST Sweden's annual inflation rate fell back to 4.0 percent in October from 4.4 percent in September, mainly due to lower fuel prices, the national statistics agency said Thursday. http://www.ibtimes.com/articles/20081111/swedish-inflation-rate-for-oct-down-to-4-percent.htm Tue, 11 Nov 2008 04:21:47 EST