Nordic News, Business and Life in Asia
Nordic Investment Bank (NIB) celebrated on 22 August 2011 the 25 Year Anniversary of co-operation between NIB and the People’s Republic of China. NIB operations with China started in 1985, when …
Nordic Investment Bank Celebrates 25 Years in China Read MoreVolvo Car Corporation today announced a new global brand strategy – “Designed Around You” – as an important part of the brand’s global revitalization plan. At the press conference in Beijing, …
New Volvo Brand Strategy Revealed Read MoreThe owner of Saab Automobile, Swedish Auto- mobile is now preparing a new issue. This according to a press release. The new issue is the second one in two weeks. …
New fresh Crowns to Saab After New Issue Read MoreNokia Corp plans to introduce phones using Microsoft Corp’s Windows operating system, based on China Mobile Ltd’s self-developed third generation (3G) mobile networks in the near future, said the company’s …
Nokia, China Mobile Open the Windows Read MoreThis year, significantly fewer berry pickers from outside the EU have arrived in Sweden since the requirements on the berry businesses has been tightened. After years of scandals with exploited …
Fewer Foreign Berry Pickers This Year Read MoreIn a bid to increase its automobile market share in India, Volvo has announced that it will make more low specification versions of its range available, with fewer safety features …
Volvo Cuts Safety Features on India Market Read MoreAarhus, the second largest city in Denmark, has chosen the sculpture Red Memory-Shy Boy by the famous Chinese artist Chen Wen Ling as the winner of exhibition Sculpture by the …
Danish Recognition to Chinese Artist Read MoreThe Royal Norwegian Consulate General in Shanghai is pleased to report an astonishing growth in the number of Chinese tourists visiting Norway. The number of tourist visas (ADS) issued at …
Chinese Tourism to Norway is Booming Read MoreSaab CEO and sole director, Victor Muller, will meet Wednesday with representatives of the four unions at its factory in Trollhättan in western Sweden, who are seeking answers as to …
Saab Unions Demand Answers from CEO Read MoreThis Special Issue of Focus Denmark, Invest in Denmark’s magazine, focuses on the challenges of getting to a fossil free future – and the many companies and people who engage …
New Green Issue of Focus Denmark Read MoreThe Royal Smushi House has opened a cafe, restaurant, bar, showrooms and a bakery in Sanlitun, Beijing. The Royal Smushi Cafe has given birth to a new phenomenon in China …
New Modern Restaurant in Beijing Read MoreDistributed every August, the annual Ikea catalogue is currently on its way to most households. It’s like an early Christmas of sorts for homes as Singaporeans troop to the stores, …
A Catalogue of Ikea Ideas Read MoreSwedish automaker Volvo Cars is recalling 1,303 imported S80 3.2 automobiles sold in the Chinese mainland over potential steering problems, China’s quality watchdog said on recently. The cars being recalled …
Volvo to Recall 1,303 Imported Cars in Chinese Mainland Read MoreFrom New Delhi to Shanghai to Johannesburg, a flood of cheap handsets from the likes of China’s ZTE Corp and India’s Micromax Informatics Ltd is destroying Nokia Corp’s top position …
‘No-brands’ Nobble Nokia in New Markets Read MoreSanta Fe has now completed the acquisition of Interdean, Europe’s Leading Relocation Company following the due diligence since the agreement was announced on 27 April 2011. Headquartered in London, Interdean offers …
Santa Fe’s Expansion in Europe Completed Read MoreMika Muukkonen picked up mountain biking a decade ago in his native Finland, but “little by little got sort of too old and too fat to ride cross country so …
Extreme Gravity: Downhill Biking with Mika Muukkonen Read MoreEmployees at beleaguered car maker Saab are cautiously optimistic after receiving their salaries for July this week and the news that further plans with Pang Da could take place over …
Saab Investors Line up new Meeting – Reports Read MoreAP Moeller-Maersk A/S, owner of the world’s biggest container shipping line, and 14 other carriers will seek a peak-season surcharge two months later than previously scheduled amid weaker-than-expected demand. The …
Maersk, Others seek Asia-US Peak-season Surcharge Read MoreAirline company Emirates launched its first passenger service to Scandinavia on Monday by establishing direct flights between Copenhagen, capital of Denmark, and its home hub in Dubai. According to Emirates, …
Emirates Launches Direct Dubai-Copenhagen Route Read MoreSwedish furniture firm Ikea has instructed its lawyers to consider whether a newly opened store in southern China constitutes an infringement of its trademark. “For us it is very important …
Ikea Lawyers Review Chinese ‘Copycat’ Store Read MoreSwedish Automobile, the Dutch firm which owns beleaguered automaker Saab, said Wednesday it was issuing new shares and should be able to pay some of its workers this week for …
Saab’s Owner Issues new Shares to Pay Staff Read MoreStrong demand for oil in countries like China and India will keep prices high, Sweden’s Lundin Petroleum said on Wednesday as it reported a doubling in second-quarter core profit. The …
Lundin Raises oil Output Forecast After Strong Q2 Read MoreJust weeks after five fake Apple stores caused a media uproar, a knockoff Ikea store was found in the same city of Kunming, a location now notorious for its large …
Chinese Furniture Store Painstakingly Mimics Ikea Read MoreFor many people the brand Lego epitomizes imagination and creativity. It has twice been named Toy of the Century, by Fortune magazine and the British Association of Toys. In recent …
Lego China Builds its Business Brick by Brick Read MoreNokia Oyj isn’t just losing mobile- phone market share to iPhone maker Apple Inc. The Finnish company’s dominance in China, the world’s largest wireless market, is being eroded as prices …
Nokia’s China Dominance Under Threat Read MoreIKEA, the global largest retailer of fittings, laid a foundation for a mall in Baoshan, Shanhai on July 26, 2011. This drives Shanghai, the financial hub of China, to become …
IKEA China 1st Multi-storey Mall Settled in Baoshan Read MoreWorkers at six New York City-area H&M stores, owned by a Sweden-based clothing retailer, won a two-month union-organizing campaign after their employer didn’t demand a secret-ballot election.The United Food and …
Workers at Six H&M Clothing Stores Join a Union Read MoreIKEA: It’s the largest home-furnishing chain in the world, and soon, it could be the first company of its kind to be powered solely on renewables.It’s IKEA, and it has …
IKEA’s Going Green with Vestas Read MoreThe European Investment Bank on Thursday confirmed a loan to Swedish carmaker Saab was approved on condition Russian businessman Vladimir Antonov did not take over, a report said. “The EIB …
Antonov Can’t Be an Owner in Saab: EIB Read MoreSwedish high street brand H&M; is teaming up with football icon David Beckham on a new line of men’s underwear. In what the company is calling “a significant relationship”, H&M; …
David Beckham Designs H&M Men’s Underwear Read MoreAs ThinkProgress reported last April, home furniture giant IKEA has set up shop at a manufacturing plant in Danville, Virginia for the past three years in order to gain access …
Huge Labor Victory After IKEA Outsourced Swedish Jobs Read MoreInnovation Center Denmark, Hongkong will be the fourth Danish innovation center. The existing centers are located in Silicon Valley (USA), Munich (Germany) and Shanghai (China). The innovation center in Hong …
New Design Innovation Center in Hong Kong Read MoreVestas the Danish Wind Turbine provider which was upstaged by Sinovel as the biggest wind energy company in the world has just got a lifeline.Note Vestas has been facing tough …
Vestas Upstaged by Sinovel Read MoreChina’s Geely Automobile Holdings Ltd (Owner of Swedish Volvo) announced that it will raise $153.8 million through a corporate bond sale aimed at repaying its bank loans and supplementing the operating …
Geely’s Liabilities Surge to $153.8 million Read MoreThe self-described perpetrator of Norway’s deadly bombing and shooting rampage is now held in solitary confinement. Anders Behring Breivik, who has admitted bombing the capital and opening fire on a …
Chinese Reflect on Norway’s Mass Killing Read MoreWhite-collar staff at cash-strapped Swedish carmaker Saab Automobile will not receive their salaries due on Wednesday, the firm has confirmed in a statement. The firm explained that the reason for …
No Payments to White-collar Workers at SaaB Read MoreYesterday, Danish and Chinese companies shared experiences within energy efficiency and management contracting at a match making session at the Danish Embassy in Beijing. The Danish Embassy in Beijing and …
Danish Embassy Hosts Energy Management Session Read MoreThis may come as a surprise: Chinese consumers are often more willing to drop a huge chunk of money on fashion—especially Western brands—than consumers in the US and Europe. When …
Fashion-Hungry Chinese Market Expected to Triple by 2020 Read MorePost Danmark has teamed up with its Chinese equivalent China Post for a comprehensive collaboration on knowledge sharing and stamp production, which will result in the publication of HC Andersen …
Post Danmark Teamed up With China Post Read MoreA supplier to Saab subsidiary Saab Automobile Tools has applied for the firm to be declared banktupt, according to a Reuters report. An official at Vänersborg District Court in western …
Supplier Applies for Saab Subsidiary Bankruptcy Read MoreEricsson AB, the world’s largest maker of wireless networks, reported a 66 percent increase in second-quarter profit, missing analysts’ estimates, on costs related to job cuts and slower services growth. …
Ericsson Second-Quarter Net Misses Estimates on Job-Cut Costs Read MoreSlumping into the red, Nokia on Thursday posted a loss of 492 million euros for the three months ended June, as decline in sales continued to hurt the Finnish mobile …
Nokia Slips Into Red; Records Quarterly Loss of 492 mn Euros Read MoreSuppliers to cash-strapped Swedish car maker Saab have tired of the ongoing financing uncertainty and have sought direct contact with Russian financier and would-be Saab investor Vladimir Antonov. The Saab …
Saab Suppliers Seek Antonov Contact Read MoreDuring the summer, a scandal has rolled up involving a Swedish authority, a law firm, and a company that lure Chinese people to Sweden with false work permits. Up to …
Chinese Lured to Sweden With False Work Permits Read MoreA maritime industry group posted videos Tuesday on YouTube showing two Danes and four Filipinos held hostage by Somalia pirates pleading for the Danish government and the ship’s owner to …
Pirate video: Danes, Filipinos Plead for Release Read MoreSwedish household appliance-maker Electrolux on Tuesday reported a profit slump because of high materials prices and weak demand, and warned of difficult trading conditions for the rest of the year. …
Electrolux Reports Steep Earnings Drop Read MoreLast week, yet another phase in a series of Sino-Norwegian collaborative projects on water supply and sanitation in North-Eastern China crossed the finish line. True to tradition, Norway’s ambassador to …
Water on the Margin Read MoreThe Beijing public health bureau has asked city hospitals to reduce the number of Caesarean sections. Last year, the Caesarean rate in Beijing was 51 percent, much higher that the …
Give Natural Birth a Chance Read MoreSwedish-Japanese mobile phone manufacturer Sony Ericsson posted a net loss of €50 million ($70 million) for the second quarter on Friday, saying that its supply chain had been hit by …
Sony Ericsson Figures Hit by Japan Disaster Fall Out Read MoreChina is entering a new generation of heating and cooling systems with more energy efficiency, said Preben Tolstrup, CEO of Logstor. Preben which unveil its plan of entering the Chinese …
Danish Firm Eyes China’s Heating and Cooling Market Read More