Nordic News, Business and Life in Asia
Strong 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 MoreThe deadly attacks in Norway have drawn strong condemnation from around the world. The twin attacks hit the northern European country on Friday. A bomb exploded in downtown Oslo near …
Deadly Attacks in Norway Arouse Global Condemnation 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 MoreNorway has committed billions in funding to help preserve the world’s rainforests but much of the money remains sitting in bank accounts, reports Oslo-based Development Today. Prime Minister Jens Stoltenberg’s …
Funds to Save Rainforests Pile Up 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 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 MoreAirAsia X, the Malaysian based long haul, low fare affiliate of AirAsia has announced that beginning 24 October, 2011, AirAsia X will commence flights from Kuala Lumpur Low Cost Carrier …
AirAsia X Change to Gatwick Airport Read MoreThe Danish Ministry of Justice has decided to change the date for implementation of fingerprints and other biometric data in Danish passports. The initial date of 1 October 2011 for …
Deadline for Biometric Danish Passports Postponed Read MoreDanish A.P.Møller-Mærsk pays its bills on time, and suppliers and cooperation partners may be fully confident that the company will pay what it owes to them. This is the conclusion …
Economic Top Marks to A.P.Møller-Mærsk Read More