Nordic News, Business and Life in Asia
In an effort to rationalise and further optimise the network between the Far East and the Indian Subcontinent and North Europe, Maersk Line will be merging the ICON service with …
Maersk Line rationalises Asia-Europe network Read MoreThis fall in Australia, a Sydney-area IKEA store opened an area called “Manland” where husbands and boyfriends could watch television, play table football and Xbox, and eat hotdogs while their …
Ikea: Selling Swedishly Read MoreThe Danish pharmaceutical company Lundbeck has entered into the largest cooperation agreement in the company’s history. Together with Japanese Otsuka Pharmaceutical Lundbeck will develop psychiatric medicines, the company wrote in …
Historic billion kroner agreement for Lundbeck Read MoreThe pressure on the big container business, Maersk Line, now compels the CEO of Denmark’s largest business group to adjust the expectations downwards.The container market is under such a strong …
Maersk Line downgrades Read MoreA new savings plan from Vestas. The fixed costs will be reduced by at least EUR 150 million (DKK 1.1 billion) with full effect from 2013. The Vestas organization will …
Blowing in the wind – huge Vestas savings Read MoreTotal E&P Norge has issued a Letter of Award to Maersk Drilling for one of two ultra-harsh environment jackups under construction in Singapore. The rig will be used for development …
Total reserves rig for Hild development drilling Read MoreThe Embassy arranged a programme to visit SKF and Volvo, two of the largest Swedish companies in Singapore employing some 250 people each. SKF and Volvo have both their HQs …
Leading politician from Göteborg visits SKF and Volvo Read MoreThe popularity of do-it-yourself furniture among Thai consumers will increase significantly after the country’s worst floods in 50 years, according to the Swedish home furnishing giant Ikea. Lars Svensson, the …
Ikea set for low-key opening Read MoreNew unrest is not exactly what Vestas needs. Therefore the sudden downgrading causes new worries. Delayed commissioning of a new generator factory may be a long and costly business.Vestas announced …
Downgrading exposes Vestas’ confidence crisis Read MoreSwedish telecom equipment manufacturer Ericsson Thursday said Sony Corp would acquire its stake in their joint venture — Sony Ericsson Mobile Communications — for Euro 1.05 billion ($1.47 billion) making …
Sony to acquire Ericsson’s stake in joint venture for $1.47 bn Read More