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Saturday, 10 May 2008

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Finland country news

Despite a jump in Asian air traffic by 23 percent, Finnair posted a drop in pre-tax profits for the first quarter 2008 on higher turnover,... full story

Nordea predicts economic slowdown

Gyurcsany looks into Finnish experience

Forestry giant Mondi to buy Loparex mill in Finland

A new foreign minister takes over, backing NATO

Erotic texts to exotic dancer force minister to leave

NCC sale of office project to SEB is finally done

Better service for rural areas promised by TeliaSonera

Nokia signs USD 2 billion deal with Chinese group

Fortum gets stake in TGC-10

Political

Austrian Chancellor coming to talk on range of issues

Alfred Gusenbauer, the Austrian chancellor, is to visit Finland on April 13-14 on the invitation of Matti Vanhanen, the Finnish prime minister, the Finnish government... full story

Finland joins consortium buying transport planes

Government appoints forum to curb retirement woes

Iran must obtain nukes

Finland may join NATO response force this year

Forces to be withdrawn from UNIFIL

Calls for greater engagement in CDMs with India

Greenpeace members protest at nuclear reactor

Smoking ban in bars, restaurants begins June 1

Finland, Sweden to take part in NRF

more political news...

Business

Nordea posts better-thanexpected Q1 results

Nordic Bank Nordea posted its first-quarter interim report on April 29 showing higher profits than expected. The group’s operating profit stood at 885 million Euro,... full story

Don’t hang up, TeliaSonera to cut its corporate staff

It’s not fiction, Kemijarvi pulp mill closes down for good

Finnish Border Guard to acquire new helicopters

UPM-Kymmene to build composite mill in Germany

Suominen’s wiped, it will cut a total of 50 jobs now

Atria says it’s been a bad year, watch out

Another profit warning, this one from Kesko

Australia’s Vulcan to open a mine in Outokumpu

Air Baltic to open new route from Finland to Latvia

Economic

Business federation seeks to limit jobless benefits

The Director General of the Confederation of Finnish Industries (EK), Leif Fagernas, said that shortening the period when earnings-linked unemployment benefits are paid would help... full story

Gyrating railway cost estimate jumps to over 590 mln

Nord Stream spots mines in Gulf of Finland

Ramirent’s Q4 pretax up at 44 mln Euro

SRV posts 5 mln Euro loss in final quarter

Finland to sell OMX slice to Borse Dubai

UPM-Kymmene Q4 pretax slumps to 92 mln Euro

Kone profits jump by 150 mln Euro at 2007’s end

Kemira not doing well, profits fall short

Stora Enso to press charges for Kemijarvi takeover day

more business news...

more economic news...

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Bylines & Interviews

Russia’s Energy Build: Leverage, not Threats
By Chris Weafer, Chief strategist at UralSib Bank in Moscow

Azerbaijan creates alternatives, not competition
interview with Heydar Babayev, Azerbaijan’s Minister of Economic Development

Obama rises above racial politics in the United States
By Ray Bawarch, US-based author of the novel, “The Dirt People”

Towards a reform of the World Trade Organization
By MEP Prof. Dr. Georgios Papastamkos

IMF foresaw US mortgage crisis
By Lorenzo Bini Smaghi, ECB executive board member

IMF should ration loan conditions
By Alex Wilks, Eurodad coordinator, director Brussels office

Triple crisis, few solutions
By Peter Chowla, IMF specialist

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