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    <title>The Local Sweden</title>
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    <description>Read the latest news and views from Sweden in English</description>
    <language>en-us</language>
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        <item>
        <title>
            Sweden earns $3.4 billion in Nordea share sale
        </title>
        <description>
            Sweden said Wednesday it had sold its remaining 7-percent share in the country&#039;s largest bank, Nordea, for 21.6 billion kronor ($3.4 billion) with the proceeds being used to reduce public debt. 
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            https://www.thelocal.se/20130925/50424
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        <pubDate>Wed, 25 Sep 2013 09:53:00 +0200</pubDate>
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        <title>
            Sweden sells 6.4-percent stake in Nordea
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            Sweden&#039;s centre-right government said on Wednesday it had sold 6.4 percent of Nordea, the largest Nordic bank, for 19.5 billion kronor ($3.05 billion).
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            https://www.thelocal.se/20130619/48578
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        <pubDate>Wed, 19 Jun 2013 14:02:00 +0200</pubDate>
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        <title>
            SAS earnings hit by Spanair bankruptcy
        </title>
        <description>
            Scandinavian airline SAS said Wednesday it improved its operating profit last year but that it was dragged into loss as its former subsidiary Spanair filed for bankruptcy.
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        <link>
            https://www.thelocal.se/20120209/39002
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        <pubDate>Thu, 09 Feb 2012 08:09:00 +0100</pubDate>
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        <title>
            35-year-old men &#039;lousy&#039; investors: Swedish study
        </title>
        <description>
            Stock market success is impossible to predict but according to new research, certain ‘crystal clear’ trends have been discovered.
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        <link>
            https://www.thelocal.se/20120117/38554
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        <pubDate>Tue, 17 Jan 2012 15:47:00 +0100</pubDate>
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        <title>
            SAS shares slump despite rise in profits
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        <description>
            Scandinavian airline SAS reported on Tuesday a slim third-quarter net profit, a switch from a deep loss in 2010, and maintained its positive outlook for all of 2011, but said uncertainty lay ahead.
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        <link>
            https://www.thelocal.se/20111108/37230
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        <pubDate>Tue, 08 Nov 2011 13:08:00 +0100</pubDate>
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        <title>
            H&amp;amp;M deliver upbeat report
        </title>
        <description>
            Swedish clothing giant Hennes &amp; Mauritz reported a profit before tax of 4.85 billion  kronor ($717 million) for the period June-August, the third quarter in the company&#039;s  irregular accounting period. 
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        <link>
            https://www.thelocal.se/20110929/36440
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        <pubDate>Thu, 29 Sep 2011 18:36:00 +0200</pubDate>
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        <title>
            Stock market continues downward slide
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            The Stockholm stock market continued to fall on Friday, with the OMXS-index dropping nearly 4 percent within 30 minutes of opening and finishing the week down nearly 11 percent.
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            https://www.thelocal.se/20110819/35640
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        <pubDate>Fri, 19 Aug 2011 12:53:00 +0200</pubDate>
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        <title>
            SAS shares jump as airline returns to profit
        </title>
        <description>
            Scandinavian airline SAS on Wednesday said it returned to profit in the second quarter as its passenger numbers increased, and maintained its outlook of full-year growth despite higher fuel prices.
        </description>
        <link>
            https://www.thelocal.se/20110817/35602
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        <pubDate>Wed, 17 Aug 2011 15:55:00 +0200</pubDate>
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        <title>
            Windfall on the cards for Spotify staff
        </title>
        <description>
            Employees of online music streaming service Spotify who took up the option to buy shares are set for a huge windfall.
        </description>
        <link>
            https://www.thelocal.se/20110812/35510
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        <pubDate>Fri, 12 Aug 2011 15:37:00 +0200</pubDate>
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            US economy crisis causes Pajala panic
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            The ongoing financial crisis in the US is causing growing concern among locals in the municipality of Pajala in the North of Sweden, whose future is largely dependent on an iron ore ore mine due to be opened by an American company.
        </description>
        <link>
            https://www.thelocal.se/20110812/35500
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        <pubDate>Fri, 12 Aug 2011 11:24:00 +0200</pubDate>
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            Stockholm stock market recovers lost ground
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            The Stockholm stock exchange dropped by 4 percent at the opening of trading on Friday morning, but had recouped the losses by the afternoon amid mounting fears about the the global economy..
        </description>
        <link>
            https://www.thelocal.se/20110805/35370
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        <pubDate>Fri, 05 Aug 2011 11:56:00 +0200</pubDate>
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        <title>
            Carnegie trio cleared of price fixing
        </title>
        <description>
            Three former traders at investment bank Carnegie have been acquitted by Stockholm District Court on charges of illegal price manipulation.
        </description>
        <link>
            https://www.thelocal.se/20101215/30870
        </link>
        <pubDate>Wed, 15 Dec 2010 15:13:00 +0100</pubDate>
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        <title>
            Men cleared in record insider trading case
        </title>
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            Two men at the centre of Sweden’s biggest ever insider trading case have been sentenced to two years in jail for tax crimes, but have been cleared on the main charges of insider trading.
        </description>
        <link>
            https://www.thelocal.se/20100601/26970
        </link>
        <pubDate>Tue, 01 Jun 2010 18:08:00 +0200</pubDate>
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            Debt and Korea cause Stockholm market fall
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            Increasing concern about the European debt crisis and renewed tensions between North and South Korea caused share prices in Stockholm to fall sharply on Tuesday.
        </description>
        <link>
            https://www.thelocal.se/20100525/26852
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        <pubDate>Tue, 25 May 2010 21:10:00 +0200</pubDate>
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        <title>
            Foreign investors thrive on the Stockholm exchange: report
        </title>
        <description>
            The Stockholm stock exchange has retained its allure among foreign investors who now own 35 percent of its total value, new figures published on Friday.
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        <link>
            https://www.thelocal.se/20090731/21034
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        <pubDate>Fri, 31 Jul 2009 16:28:00 +0200</pubDate>
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        <title>
            Swedes&#039; assets shed billions in value
        </title>
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            Swedish households’ net wealth fell by 6.6 percent, or 185 billion kronor ($24.3 billion), during the third quarter of 2008, with losses from shares and funds accounting for 45 percent of the drop.
        </description>
        <link>
            https://www.thelocal.se/20081218/16446
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        <pubDate>Thu, 18 Dec 2008 15:42:00 +0100</pubDate>
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        <title>
            U-turn for Swedbank on capital concerns
        </title>
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            After reporting better than expected profits for the third quarter, Swedbank then saw its shares drop more than 10 percent on Thursday following an announcement that the bank may need to seek additional capital.
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        <link>
            https://www.thelocal.se/20081023/15166
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        <pubDate>Thu, 23 Oct 2008 14:16:00 +0200</pubDate>
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            US rate cuts &#039;positive for Swedish market&#039;
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            Interest rate cuts by the US Federal Reserve will push up stock markets in Sweden and the rest of Europe, analyst Peter Malmqvist of Nordnet says.
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        <link>
            https://www.thelocal.se/20080123/9744
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        <pubDate>Wed, 23 Jan 2008 10:05:00 +0100</pubDate>
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            Major fall expected in Stockholm
        </title>
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            Stock market analysts were expecting major falls in Stockholm on Tuesday following a huge falls overnight on Asian markets. 
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        <link>
            https://www.thelocal.se/20080122/9732
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        <pubDate>Tue, 22 Jan 2008 10:05:00 +0100</pubDate>
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            Fewer Swedes own shares
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            The number of Swedish share owners fell in 2007 to under 46,000, according to new figures from the Nordic Central Securities Depository.
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        <link>
            https://www.thelocal.se/20080117/9681
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        <pubDate>Thu, 17 Jan 2008 10:00:00 +0100</pubDate>
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