German lender IKB said Wednesday it is considering suing US giant Goldman Sachs after losing €150 million in a fund that is the subject of fraud charges in the US.
Swedish mobile telecoms operator Tele 2 posted a pre-tax first quarter profit on Wednesday of 1.588 billion kronor ($220 million), beating market expectations.
A group of ambitious Berlin-based, non-space professionals are shooting for the moon. Meet the youngest team competing to win Google's $30-million Lunar X Prize for landing a robot on the moon with only their brains and private funding.
The head of Germany's Catholic Church has asked embattled Augsburg Bishop Walter Mixa to step aside from his duties until investigations into claims he beat children and misused Church funds can be completed.
Macho men, monotony, mosquitoes: Englishman Alec Forss heard all the clichés trotted out as he made known his plans to move to northern Sweden. But nothing could deter him from plunging headlong into the vast wilderness beyond the Arctic circle. Part one in a two-part series.
The British Ambassador to Sweden, Andrew Mitchell, is visiting Stockholm Arlanda Airport on Wednesday as the first BA flight ferries stranded Brits back to the UK.
Although spring has come to a screeching stop with snow and sleet in some parts of the country, things will gradually improve towards a drier and somewhat warmer weekend, the German Weather Service (DWD) reported Wednesday.
A new blog and Facebook page have been launched by an industrious Ericsson employee in Stockholm to help stranded travellers in Europe get home and encourage them to make the best of their impromptu stopover.
Air traffic authorities’ Wednesday decision to lift restrictions on German airspace – effectively declaring it safe to fly – was based on the same computer simulations previously criticised as insufficient by airlines, officials have told The Local.
A 21-year-old Norwegian handball star has sparked fresh concerns over Princess Madeleine's impending marriage by claiming she had an affair last year with prince-in-waiting Jonas Bergström.
Bank staff and police were forced to rescue a 62-year-old man in the Rhineland town of Mönchengladbach Tuesday night after he was accidentally locked in the bank’s vault at closing time.
Sweden is set to gradually open almost all of its airspace by 4pm on Wednesday, including Stockholm's three airports and one of Gothenburg's, the Swedish Civil Aviation Authority (Luftfartsverket - LFV) has confirmed.
The trial began on Wednesday of former Swedish Red Cross communications chief Johan af Donner, who quickly confessed to swindling the aid organisation and the Swedish Cancer Fund out of millions of kronor.
Germany's first-choice goalkeeper Rene Adler could be in danger of missing June's World Cup after breaking a rib in a Bundesliga match last weekend.
When Alan Newsome moved to Stockholm five years ago he signed up for a Swedish for Immigrants (Svenska för Invandrare- SFI) course, only to find that as a dyslexic he was denied support and was forced to quit.
The grounding of European flights from volcanic ash cost airlines US$1.7 billion in lost sales alone, the head of their main industry body said Wednesday, calling for "urgent" government help.
Sweden's Supreme Administrative Court (Regeringsrätten) has taken up the case of a researcher who is applying for access to classified security police (Säpo) documents relating to Stasi contacts in Sweden.
The world’s best beer has been the downfall of many a good man. In the case of American software engineer Gray Powell, the unparalleled power of German brewing was enough to tear a gaping hole in technology giant Apple’s legendary product security system.
Uppsala Municipality has been ordered to pay 60,000 kronor ($8,400) to the family of a girl of Somali origin who was forced to undergo an examination to check whether she had been circumcised.
The bodies of four Bundeswehr soldiers killed last week in Afghanistan in a rocket attack by Taliban insurgents arrived back on German soil early Wednesday morning.
Swedish telecom giant Ericsson has bought a majority stake in Korean firm LG and Nortel's joint venture company LG-Nortel for $242 million and will now become LG-Ericsson.
Sweden's airspace south of a line between Stockholm-Arlanda Ariport and Strömstad remained closed on Wednesday morning with the exception of Malmö. Airspace north of Stockholm remained open.
Air travel in Germany was set to creep back to normality Wednesday with the air traffic authority DFS announcing air space would be opened at 11 am for all regular flights.