Financial services group HQ must immediately strengthen its finances and will temporarily sell its fund management company HQ Fonder to its principal owner Öresund for 850 million kronor ($105.07 million).
Germany's next generation of stars is ready to step up into the breach left by captain Michael Ballack, who was ruled out of the World Cup with an ankle injury, centre-back Arne Friedrich said Tuesday.
Daniel Westling will make the journey from man of the people to prince of Sweden when he marries Crown Princess Victoria next week. But new research shows that the future prince has aristocratic blood - and possibly even Russian blood - coursing through his veins.
The socialist Left Party has chosen one of its own MPs, former television journalist Lukrezia Jochimsen, to challenge Christian Wulff and Joachim Gauck for Germany’s presidency, media reported Tuesday.
A young policewoman has strangled her two children, aged five and 10, and then killed herself in Brandenburg, police announced on Tuesday.
Swiss-Swedish engineering firm ABB has launched a £860 million pounds ($1.25
As the dust settles on the German government's plans for a round of brutal belt-tightening, The Local breaks down the numbers and the details to see how it affects you.
A raft of unpublished manuscripts by the Swedish writer Stieg Larsson, author of the popular Millennium trilogy books, have been unearthed at Sweden's National Library (Kungliga biblioteket - KB) in Stockholm.
The Berlin Air Show welcomed the world's leading aerospace firms to the German capital on Tuesday, with Airbus's A380 superjumbo set to be one of the stars.
Despite Sweden's failure to qualify for this year's World Cup in South Africa, many Swedes plan to join in the fun when the month-long feast of football kicks off on Friday.
Critics are once again calling for an end to Germany’s hated GEZ public broadcasting licence fees ahead of a meeting of state premiers on Wednesday.
The Local is proud to present the fifth podcast of Portnoy’s Stammtisch, our regular column about life in Germany.
Swedish oil company Lundin Petroleum and the consortium it belonged to in the Sudan were involved in war crimes and crimes against humanity, according to a new report. The company has denied the accusations.
Sweden's Minister of EU Affairs Birgitta Ohlsson talks to The Local's Peter Vinthagen Simpson about freedom of expression in Sweden and Europe today; the euro and Sweden's status outside of it; and what can be done to encourage and promote universal European liberal values.
Court began proceedings started on Tuesday against two inmates who staged a dramatic jailbreak from a maximum-security prison in the Aachen area last year, keeping Germany on edge for five days as fugitives.
Sweden’s EU minister Birgitta Ohlsson has said she felt “quite safe” with her new British counterpart, after previously expressing concerns that the UK’s Conservatives would pursue a stridently anti-European programme.
The government’s plan for deep spending cuts sparked fierce debate on Tuesday, with some in the coalition defending the package while social justice advocates, unions and German cities slammed the plan as unjust.
A US-German investor and the US fashion group BCBG Max Azria are to acquire Karstadt, the famed but financially troubled German department store chain, Karstadt's judicial administrator said Monday.
Swedish artist Lars Vilks has joined a Facebook group entitled Kill Lars Vilks in order to engage in discussion with his antagonists as part of his ongoing art project to explore the bounds of free speech.
Metro services in Stockholm will be free of charge on June 19th, the day of the royal wedding of Crown Princess Victoria and Daniel Westling, the local transport authority, SL, has announced.
A second man of Serbian origin has been arrested by Swedish police on suspicion of having committed war crimes in Kosovo in 1999.