Record gains on Stockholm exchange
Sweden

Record gains on Stockholm exchange

The Stockholm stock exchange recovered some of the ground lost in recent weeks with a massive 8.8 percent rise on Monday.

Bavarian police search for murdering hitchhikers
Germany

Bavarian police search for murdering hitchhikers

Police in Bavaria are hunting two killers after a man called them saying he had been locked in the boot of his own car by a knife-wielding hitchhiker and an accomplice.

Germany puts together €480-billion rescue plan
Germany

Germany puts together €480-billion rescue plan

Chancellor Angela Merkel announced an unprecedented €480-billion ($643-billion) rescue package for Germany’s banks on Monday, as part of coordinated international effort to stem the global financial crisis.

placeholder image
Sweden

Sweden-based former dissident bears no grudge against Kundera

A former Czech pilot now living in Sweden said he bore no ill will against Milan Kundera following reports on Monday that the writer informed on him to the secret police in the 1950s.

DAX surges higher on bank rescue plan
Germany

DAX surges higher on bank rescue plan

Germany’s leading stock index the DAX surged ahead on Monday, as bank shares were buoyed by the government’s plans to set up a massive rescue package for the financial sector.

Riksbank sees ‘light at end of the tunnel’
Sweden

Riksbank sees ‘light at end of the tunnel’

As it announced further measures to ease strained credit markets on Monday, the Riksbank said that the recent international action to restore confidence to the markets had brought light to the tunnel of the global financial crisis.

placeholder image
Sweden

Swedish county declares open season on pesky woodpecker

A resolute woodpecker has residents on the island of Öland off Sweden’s southeastern coast wanting to put down their hammers and reach for a handgun.

Germany arrests BND’s top spy in Iran
Germany

Germany arrests BND’s top spy in Iran

A power struggle between the German intelligence services and prosecutors has resulted in the country’s most important spy in Iran being revealed, which Berlin reportedly fears could lead to massive diplomatic problems with Tehran.

East ghost, west ghost: spooky walks in Sweden
Sweden

East ghost, west ghost: spooky walks in Sweden

As the days shorten, candles are lit, cinnamon buns are munched and we all run the risk of overdosing on autumnal cosiness, Matt O’Leary recommends a trip to the spookier side of life with a chain-rattling, cobweb-blowing ghost walk.

American wins Nobel Prize for Economics
Sweden

American wins Nobel Prize for Economics

US economist and columnist Paul Krugman has been awarded the 2008 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.

German engineer alleges lies in Kaprun fire catastrophe trial
Germany

German engineer alleges lies in Kaprun fire catastrophe trial

A German expert witness on Monday reportedly said evidence about the cause of an inferno in an Austrian ski train that killed 155 people was manipulated in order to hide crimes which contributed to the fire.

Troubled German chip maker Qimonda to slash 3,000 jobs
Germany

Troubled German chip maker Qimonda to slash 3,000 jobs

The distressed German memory chip maker Qimonda unveiled on Monday a restructuring programme which will affect 3,000 jobs in a total 13,500 worldwide.

Sweden unveils new crisis measures
Sweden

Sweden unveils new crisis measures

The Swedish government announced on Monday it plans to put forward a new legislative proposal in the coming days to help bring stability to financial markets.

Charges filed in captive woman case
Sweden

Charges filed in captive woman case

Formal charges were filed on Monday against the 58-year-old man who is believed to have held his girlfriend captive for nine years in a small cabin outside of Eksjö in central Sweden.

Economy and the Left dominate party debate
Sweden

Economy and the Left dominate party debate

Following a week of downbeat news about the economy and layoffs, as well as speculation about the Left Party's role in a future Social Democratic-led government, leaders of Sweden's seven major political parties squared off in a televised debate on Sunday night.

Berlin parents helpless as childcare workers strike
Germany

Berlin parents helpless as childcare workers strike

Parents in Berlin found themselves in the middle of a public sector strike on Monday, as both teachers and childcare givers walked off the job to increase pressure on the city in an ongoing wage dispute.

placeholder image
Sweden

Nalbandian claims Stockholm Open title

Argentinian tennis star David Nalbandian overcame home favourite Robin Söderling on Sunday to claim a 6-2, 5-7, 6-3 victory in the Stockholm Open.

Berliners rush to ride ‘candy bomber’ before Tempelhof closes
Germany

Berliners rush to ride ‘candy bomber’ before Tempelhof closes

Germans are flocking to take a last flight in a 1940s-era plane from doomed Tempelhof Airport, the historic hub of the Berlin Airlift which is to close at the end of the month.

German health insurers reject medical marijuana coverage
Germany

German health insurers reject medical marijuana coverage

German state health insurance providers have rejected coverage of medical marijuana with a doctor’s prescription, daily Passauer Neuen Presse reported on Monday.

placeholder image
Sweden

Arson suspected following car fires

Eleven cars were completely destroyed and two more were damaged by smoke and flames following a fire at a car dealership in Varberg in western Sweden.

British Airways flight makes emergency landing at Schönefeld
Germany

British Airways flight makes emergency landing at Schönefeld

A British Airways passenger plane on its way to India made an emergency landing at Berlin’s Schönefeld airport due to technical problems on Sunday, Berlin police reported.

placeholder image
Sweden

Swedish boats take Volvo Ocean Race lead

The two ships belonging to Swedish team Ericsson took the lead Sunday of the Volvo Ocean Race around the world one day after it departed from Spain while Spanish team Telefonica Blue's ship had to make a stop to repair steering damage.