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U.S. tops new tech usage ranking

The United States, Sweden and Japan topped a new ranking that measures how well countries use telecommunications technologies - networks, cell phones and computers - to boost their social and economic prosperity.
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Kosovo moves toward independence as EU nears unity

Kosovo Albanian leaders said on Monday they will start immediate talks with Western backers towards an independence declaration as the EU came closer to unity in support of the province's drive to secede from Serbia.
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Do food miles make a difference to global warming?

The U.S. local food movement -- which used to be elite, expensive and mostly coastal -- has gone mainstream, with a boost from environmentalists who reckon that eating what grows nearby cuts down on global warming.
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"Designer mice" pioneers win Nobel for medicine

The researchers who pioneered the creation of "designer mice" to track the role of different genes in human development and disease have won the 2007 Nobel medicine prize, Sweden's Karolinska Institute said on Monday.
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Qatar files OMX document, raises chance of bid war

The Qatar Investment Authority filed for regulatory approval to take a bigger stake in OMX on Tuesday, raising the prospect of a bidding war for the Nordic firm with rival Dubai and its ally Nasdaq.
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Sweden fines Carnegie, chief executive quits

The chief executive of investment bank Carnegie resigned on Friday after regulators called for sweeping management changes following a trading scandal and fined the bank 50 million Swedish crowns ($7.7 million).
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Diageo keen to buy Absolut vodka

British drinks giant Diageo Plc is very interested in buying Sweden's Absolut vodka valued at $6 billion and Chief Executive Paul Walsh says he can see solutions to any possible anti-trust problems arising.
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Cell phone use safe in the short-term

Cellular phones do not pose short-term health risks, but it remains too soon to say whether they can cause brain cancer or whether children face greater risks than adults, British scientists said on Wednesday.
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Nasdaq says OMX shareholders prefer its bid

Nasdaq Chief Executive Robert Greifeld said on Wednesday the unvarying response from OMX shareholders has been that they prefer its bid to a rival higher cash bid from Borse Dubai.
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European shares up, led by banks, but utilities fall

European share indexes rose on Monday as remarks by executives of Barclays and Deutsche Bank eased fears of losses from the recent credit market turmoil, but utilities fell after news of a big French merger.
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Dollar steady at start of busy US data week

The dollar steadied versus the euro and yen on Monday at the start of a busy week for U.S. data which should shed light on the extent to which the credit markets turmoil is taking a toll on growth.
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IKEA Asia revenue contribution to triple

Sweden's IKEA said on Friday the contribution from Asia-Pacific to the group's total sales could triple to 10 percent in 5 to 6 years, creating a huge challenge for the world's largest furniture retailer.
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Nasdaq seeks to sell LSE stake, focuses on OMX

Nasdaq is abandoning its 797 million pound ($1.58 billion) stake in the London Stock Exchange, five months after its takeover bid failed, as it focuses on buying Nordic exchange operator OMX. Nasdaq Stock Market Inc, which needs overseas acquisitions to gain an international foothold, is locked in a $4 billion bidding war with Borse Dubai for OMX.
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Borse Dubai bids $4 billion for Nordic OMX

Borse Dubai launched a $4 billion cash offer for Nordic exchange owner OMX on Friday, trumping an agreed deal with U.S. exchange Nasdaq, in a bid to create a group with global reach.
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Sweden weighing if Dubai OMX move already a bid

Sweden's financial regulator said on Friday it had requested information from Borse Dubai regarding its move this week to acquire shares in OMX and was considering whether a statement from the state-run firm may already represent an offer to buy all of OMX.
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Nissan gets testy with drunk drivers

Beer-breaths beware. A new concept car with breathalyzer-like detection systems may provide even greater traction for Japanese efforts to keep impaired drivers off the road.

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