Stockholm - Swedish Crown Princess Victoria and her fiance Daniel Westling will not have to go house-hunting following their marriage next year. The Swedish cabinet Thursday decided to hand back the Haga Palace on the outskirts of Stockholm to King Carl XVI Gustaf, thereby allowing the crown princess and Westling to use the palace in future.
In a statement the 31-year-old princess said she "appreciated the generous offer" to live at Haga Palace.
Stockholm - Questions were raised Thursday over the impartiality of the Swedish judge who last week sentenced four men to year-long jail terms for operating the Pirate Bay website, which allows illegal file sharing. Swedish radio news reported that judge Tomas Norstrom is a member of two organizations engaged in copyright matters, including the Swedish Association for the Protection of Industrial Property.
The report said some of the lawyers who represented entertainment companies in the trial also belonged to the same associations.
Stockholm- Swedish banking group Swedbank Thursday posted a 2009 first quarter operating loss of 3.4 billion kroner (400 million dollars) and reported the write-down of its subsidiary in Ukraine.
Last year, the group that has 9 million private customers and 600,000 corporate customers at branches in Sweden, the Baltic countries and Ukraine, posted a first quarter operating profit of 3.7 billion kroner.
Total income in the 2009 first quarter increased 12 per cent to 9.4 billion kronor. Swedbank shares were down some 13 per cent in opening trading on the Stockholm bourse Thursday.
Stockholm - A Swedish nuclear watchdog Wednesday lifted its special supervision of a Swedish nuclear power plant that had been under observation since 2006.
The Swedish Radiation Safety Authority introduced stricter supervision of the Forsmark nuclear facility, north of Stockholm, after the shutdown of one of the three reactors in July 2006.
Subsequent probes brought into question safety procedures at Forsmark, and reports indicated problems with reporting and follow-up of maintenance.
Stockholm - Heavy-vehicle maker Volvo on Wednesday said it planned to give notice to some 1,500 employees in Sweden citing "the sharp decline on world markets."
Most of the cuts, about 1,300 employees, affect Volvo Trucks and Volvo's Powertrain division, which makes engines and gearboxes used in its heavy vehicles as well as construction machinery.
They are part of the Volvo Group that does not include Volvo Cars, the Swedish car maker owned by US giant Ford.
Stockholm - Swedish home appliance maker Electrolux recorded an increased pre-tax loss in the first-quarter of 2009, the group reported Wednesday, noting that most of its main markets declined in the first three months.
The group posted a pre-tax loss of 493 million kronor (57 million dollars), compared to a pre-tax loss of 149 million kronor in the corresponding business period 2008.
Net sales were up 6.7 per cent to 25.8 billion kronor.
Stockholm - Swedish Crown Princess Victoria and her fiance Daniel Westling will not have to go house-hunting following their marriage next year. The Swedish cabinet Thursday decided to hand back the Haga Palace on the outskirts of Stockholm to King Carl XVI Gustaf, thereby allowing the crown princess and Westling to use the palace in future.
Stockholm - Questions were raised Thursday over the impartiality of the Swedish judge who last week sentenced four men to year-long jail terms for operating the Pirate Bay website, which allows illegal file sharing. Swedish radio news reported that judge Tomas Norstrom is a member of two organizations engaged in copyright matters, including the Swedish Association for the Protection of Industrial Property.
Stockholm- Swedish banking group Swedbank Thursday posted a 2009 first quarter operating loss of 3.4 billion kroner (400 million dollars) and reported the write-down of its subsidiary in Ukraine.
Stockholm - A Swedish nuclear watchdog Wednesday lifted its special supervision of a Swedish nuclear power plant that had been under observation since 2006.
Stockholm - Heavy-vehicle maker Volvo on Wednesday said it planned to give notice to some 1,500 employees in Sweden citing "the sharp decline on world markets."
Stockholm - Swedish home appliance maker Electrolux recorded an increased pre-tax loss in the first-quarter of 2009, the group reported Wednesday, noting that most of its main markets declined in the first three months.
