The CEO of Swedish truck manufacturer Scania has ruled out an alliance with German competitor MAN in order to save billions on the production line, despite rumours of a deal involving Volkswagen.
Germany's beleaguered defence minister, Karl-Theodor zu Guttenberg, has said the West should abandon hopes of creating a democracy in Afghanistan.
The head of Germany's main railway union Transnet said he does not expect Germany's railway operator Deutsche Bahn to follow through on its threats to cut 14,000 jobs in the next few years.
A new "Nietzsche Encyclopaedia" aims to prove that philosopher Friedrich Nietzsche, often considered a forerunner of Nazi ideology, was the victim of a much deeper falsification scandal than had previously been thought.
Russia's biggest bank Sberbank said Friday it has made a proposal to General Motors seeking compensation for losses it incurred after the US auto giant dropped plans to sell its Opel unit.
German Environment Minister Norbert Röttgen on Saturday had harsh words for the USA and China over the failure of this month's Copenhagen climate conference.
Customers from the leading Swedish mobile providers Tele2, Telia, Telenor and 3 sent more than 76 million Christmas greetings via text message, creating a new Swedish record for SMS traffic on Christmas Eve.
Several hundred Swedish companies will have to pay back a total of half a billion kronor ($70 million) in back taxes after having moved funds to Cyprus in order to evade taxes, reported Swedish Television (SVT).
In traditional Christmas speeches on December 25, Swedish King Carl XVI Gustaf and Queen Silvia announced the launch of a new forum for children and youth in honour of the 20th anniversary of the United Nation's Convention of the Right's of the Child.
As one of the busiest retail days of the year kicks off, one in every three Swedes will exchange their Christmas gifts this year, according to a survey. Many are also selling their unwanted presents online.
Volvo will remain intact if Chinese carmaker is successful in its bid to purchase the Swedish brand from US auto manufacturer Ford, according to Geely's top executive, who was quoted by the state-run Chinese media on Friday.