Low levels of natural antibodies leads to stroke
Submitted by Jason Ramsey on Sat, 02/13/2010 - 18:43According to a new study, main reason of a stroke can be absence of a kind of antibody in the immune system.
These findings by researchers at the Karolinska Institute in Sweden are believed to make way for a new vaccine that would enable a body in mustering up body's own ability to fight against arteriosclerosis and stroke.
Swedbank CRO Witnesses High Risk of Large Credit Losses in Sweden
Submitted by Harkamal Singh on Tue, 02/09/2010 - 18:33Swedbank AB still swims in the troubling waters facing high risks in Latvia and Ukraine despite economic improvements there, and credit losses in Sweden may rise from current low levels as interest rates rise and stimulus measures are withdrawn over the next year, the bank's chief risk officer revealed Tuesday.
SAS to Issue New Shares and Cut Jobs
Submitted by Sarabjit Heera on Tue, 02/09/2010 - 18:01In view of the losses reported in 2009, SAS, the Scandinavian airline group has decided to issue new shares to raise its capital and cut 700 jobs.
SAS lost 1.3 billion kronor, in the fourth quarter, last year.
Ericsson Profit as Per Expectations
Submitted by Dominic Haber on Mon, 01/25/2010 - 20:12Ericsson, one of the largest telecom-gear makers, reported fourth-quarter core operating profit supporting market expectations on Monday. It said it has upheld market share in unfavourable situations.
Excluding loss-making joint ventures and restructuring costs, Ericsson's quarterly operating profit, was 7.5 billion Swedish crowns almost alike the forecasts.
Study: Stress can cause heart diseases and suicides in men diagnosed of prostate cancer
Submitted by Amit Pathania on Wed, 12/16/2009 - 05:53A collaborated study conducted by researchers of Harvard University and Sweden’s Karolinska Institute found that emotional stress can increase the risk of cardiovascular events and suicide in patients with newly-detected prostate cancer.
Sweden’s TeliaSonera launches world’s first 4G wireless network
Submitted by Amandeep Dhaliwal on Tue, 12/15/2009 - 06:01The world’s first commercially-available 4G wireless mobile networking service has been launched by the Swedish carrier TeliaSonera. The 4G service, which boasts of speeds ranging between 20Mbps to 80Mbps, is initially available only in central parts of Stockholm, Sweden and Oslo, Norway.
Luxury Car Maker Spyker in Talks with GM over Purchase of Saab Automobile
Submitted by Aaron Ross on Wed, 12/02/2009 - 22:00Dutch luxury car manufacturer, Spyker, based in Netherlands, is currently in talks with General Motors over purchase of Sweden based Saab Automobile, merely weeks after the local Koenigsegg decided to drop its bid.
Heart attack risk doubles by suppressing workplace anger
Submitted by Jason Ramsey on Tue, 11/24/2009 - 10:53Swedish research suggests that men who don’t express their workplace anger openly if they are unfairly treated at work double their risk of a heart attack.
The researchers looked at 2,755 male employees in Stockholm who did not have a heart attack when the study began.
Ericsson reports drop of 71% in net profit
Submitted by Dominic Haber on Thu, 10/22/2009 - 14:07The Swedish manufacturer of wireless networking gear, Ericsson AB, reported Thursday weaker-than-expected profits for the third-quarter, citing declined demand for its products due to continuous fragile economic conditions.
Sony Ericsson expects to return to profitability in 2010
Submitted by Justin Sorkin on Sun, 10/18/2009 - 08:30Quoting the incoming Sony Ericsson chief executive Bert Nordberg, Dagens Industri paper reported that the company would expectedly return to profitability in 2010, if the market recovery takes root and the company’s forthcoming products do well.
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