Sunday, November 30, 2014

Meteorite in the desert solved the problem – Hufvudstadsbladet

Meteorite in the desert solved the problem – Hufvudstadsbladet

The most common mineral on earth is now – finally – got a name. Thanks a meteorite, ironically.

It sounds a bit strange, but it minerals which occur in greatest abundance on our planet has – until now – had no name. Not officially, anyway.

That which complicate the matter, the rules of the International Mineralogical Association. These requires that a mineral must first named after its crystalline form has been studied. And since the current mineral is stable only at pressures corresponding to that of several hundred kilometers deep, this has not allowed itself to be made.

Similar pressures may arise when asteroids collide with each other.

With luck falls remnants then down to earth and now researchers have found a tiny, tiny sliver of the mineral in a meteorite that tumbled down in the Australian desert in the dawn of time. Space merciless cold believed to have “captured” the atoms in a crystal.

The analyzes, reported in Science, shows that the splint consists of the same minerals that make up around 70 percent of the lower mantle. This jacket is between 660 and 2900 kilometers deep in the Earth’s interior. This is equivalent to not less than 38 percent of the earth’s entire volume, making the mineral to the most common on our planet.

The mineral has been named bridgmanit, in honor of the mineral pioneer and Nobel laureate Percy Bridgman .

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This year’s Christmas sweets can be pigs expensive – Swedish newspaper Svenska Dagbladet

This year's Christmas sweets can be pigs expensive – Swedish newspaper Svenska Dagbladet

Even crucial Christmas candy ingredients like sugar and cream have become more expensive.

– prices have risen to almost everything we need to make candy. Cocoa has risen a lot and nuts and almonds have risen insanely much. Walnuts, we can hardly find at all. At least not the fancy that we need for our chocolates, says Marie-Louise Ardebäck who together with his family runs the chocolate manufacturing in their own shop Ejes chocolate in Stockholm.

There are a number of converging factors in years affects the prices of julgodisets inputs. Cocoa farmers have had poor harvests due to fungus and adverse weather. Almond growers in California are affected by water and the Turkish hazelnut growers got frost too early.

And for the person who should turn up caramel, toffee and marzipan pigs contributes understood the usual price increases in the store to drive up costs. Sugar prices have risen 3.5 percent since last year and gräddpriset has gone up 0.7 percent.

For lovers of mint chocolate is there perhaps a comfort to world market price of peppermint oil has fallen 75 percent since the spring of 2012.

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Saturday, November 29, 2014

Signs of a turnaround for the exchange’s problem child – Business Week

Signs of a turnaround for the exchange's problem child – Business Week

One of the exchange’s big problem child may be facing a turnaround. The analysts will find plenty of good signs for the share.

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Now, the robots take over financial jobs

THE WEEK buying and selling tips
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“Buy shares that have already risen 60 percent”

“NEW CHANCE TO GET HOME SAFE MONEY”
After Lifco successful introduction has now VA’s analysts from Börspodden once again found an opportunity to bring home safe money ” .

MANY SIGNS OF REVERSAL OF COURSE loser
After an unexpectedly weak half-year report from Elekta again lowered forecasts, analysts Corps came to different conclusions. Not infrequently seen, however, positive comments and to radiation therapy company can actually be facing a turnaround.

According to the analysis Direkt noted the following Thursday’s report.

* Swedbank Markets raises its recommendation to buy. The Bank believes that Elekta will be able to turn the ship and points out that the second quarter probably represented the bottom. A gradual recovery ahead to the abandoned forecast of 7-9 percent sales growth offers a great upside.

* Morgan Stanley raises its recommendation to overweight. The last year has been tough for radiation therapy company but the analysts believe that the company faces a turnaround. Certainly, some investors have lost confidence in Elekta but with the significantly lowered the forecast, there may be reason to look at the company with new eyes according to Morgan Stanley

* Jefferies goes the other way and lowers its recommendation to underperform.

* Societe Generale maintained its buy recommendation but lowers its price target by a fifth to 110 crowns. The bank also think here on a fundamental turnaround but points out that it requires patience.

* Pareto Securities reiterates its sell recommendation and price target of 65 crowns. Analysis Hall points out that medical technology company must do a really good second half to meet its expectations. Someone who Pareto do not really believe in.

* Danske Markets reiterates its buy recommendation but lowered the price target to 90 crowns. Bank complain, however, that there is light at the end of radiation therapy tunnel. Improved cash flow, positive comments about the Versa HD and gamma knife Gamma and the continued recovery of software sales in the US are posted on the plus side.

* ABG Sundal Collier reiterates its retention recommendation but lowers its price target by 5 crowns to 73 crowns. Bank notes a number of plus factors such as gross margin and cash flow. Although the bank likes the long sighting opportunities, warned that results disappointments. The valuation itself is not appealing enough to recommend the purchase, according to the ABG.

* DNB Markets reiterates its buy recommendation but lowers its price target to 85 from SEK 100. There is good potential in the longer term there are risks shorter-term notes bank which justifies the price target cut but longer-term prospects gives köpbränsle.

* SEB Equities reiterates its retention recommendation, which was sunk earlier in the week from purchase. The focus is now directed to the company’s growth opportunities in terms of sales and profit after previously focused on cash flow and accounting principles. Target price is lowered slightly to 82 crowns.

* Carnegie reiterates its buy recommendation with a price target lowered to 95 crowns. The share is also added to Carnegie’s so-called Mover list. The valuation of the Elekta has fallen and is now slightly below the main rival Varian’s valuation. The bank also says that the company faces a turnaround and sales and profits will improve significantly in the coming quarters. In addition, there are signs that it lacerated cash flow is about to recover.

At 11:50 o’clock on Friday was listed medical technology shares up around 7 percent to 76 crowns. On Thursday, however, fell nearly 4 percent share in the wake of the disappointing report, however, after substantial price fluctuations. So far this year Elekta shares dropped 23 percent.

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Friday, November 28, 2014

Nevs requires prolonged reconstruction – Swedish newspaper Svenska Dagbladet

Nevs requires prolonged reconstruction – Swedish newspaper Svenska Dagbladet

But it may take a few weeks before the district court responds to Nevs request. First, the creditors have the chance to be heard.

Nevs, who had taken over most of Saab Automobile’s bankruptcy, had financial problems in the spring. The company’s basic idea is to build electric Saabs, but so far only a few hundred petrol cars built at the factory in Trollhättan.

Nevs now negotiating with two major Asian automotive manufacturers to get more capital. Rumors have pointed out Chinese Dongfeng and Indian Mahindra.

In August, Vänersborgs District Court to put Nevs in reconstruction for three months, the company’s own request. If you want to extend the time, an application must be made no later than Monday. And so it is.

– We believe we have grounds for an extension, said Nevs Communications Mikael Östlund.

The district court’s decision is delayed a bit. Nevs creditors must be heard, which is expected to take a week or two.

– It may also be necessary to have a meeting at which the administrator will be able to answer questions and comments, says alderman Anders Björk at Vänersborgs District Court .

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Households keeping growth – helagotland.se

Households keeping growth – helagotland.se

The GDP growth in the third quarter was 2.6 percent, according to figures from Statistics Sweden (SCB). It was slightly worse than expected.

-GDP was very much in line with the assessment made by the Riksbank’s done, so it was no surprise, says Annika Winsth, chief economist at Nordea.
-Däremot Was much stronger retail than expected, and it’s more important right now as we see it. Consumption is the engine of the economy.

Retail sales rose by 4.5 percent in October compared with the same month last year, according to Statistics Sweden. It was a larger increase than analysts had expected.

-We have a weak exports and mediocre investments, except in construction. When consumption is what should be the driving force. Therefore, it is crucial to follow, says Winsth.

New signals for amortization requirements may affect how households choose to spend their money in the future, says Annika Winsth. Therefore, it is important to carefully monitor household behavior.

Nordea do not think growth will accelerate next year:

‘Our assessment is that both the government and the Riksbank is too optimistic in their forecasts for next year unfortunately. Our assessment is that growth is more likely to be around 2 per cent in GDP and consumption, than nearly three percent they believe.

Finance Magdalena Andersson (S), however, thinks that the government is correct in their assessments.

– There was no significant change and no great difference compared with the forecasts government had in the budget, she said.

Nor NIER see any lift in sight. It is overall a more sprawling picture than usual, says Director of Forecasting Jesper Hansson.

-The sad thing is that the negative predominates. The outside world is weaker. Then hold domestic demand momentum. Households seem to continue to maintain growth.

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Thursday, November 27, 2014

High hopes for “Black Friday” – Swedish newspaper Svenska Dagbladet

High hopes for "Black Friday" – Swedish newspaper Svenska Dagbladet

And the concept has gained a foothold in Sweden.

The clamping Friday after the feast Thanksgiving is in the US synonymous with shopping. That’s when the trade figures will go from red to black, that is profit. The stores are uploading with offers and customers begin to queue up hours before the doors open. A bit like our gift ideas and.

Black Friday has even found its way here in Sweden. Last year, crashed several sites when shops focused on special offers. This year, including several electronics brands marketed the day.

– There is growing very strongly, especially in e-commerce but also in the physical trade, says Jonas Arnberg, chief economist at the Swedish Trade.

While consumers in the US bargain hunt engaged economists to count on the effects of the day, which now also been extended with “Cyber ​​Monday” after the e-commerce advent changed the rules for retailers.

– It is an interesting temperature gauge for the state in the US economy, especially when the household sector, says Torbjörn Isaksson, economist at Nordea.

But he does not think we should exaggerate the significance, but see it as an indication among many others.

Multiple signals suggest that there is a strong trade weekend, and the National Retail Federation predicts an increase for November and December trade of over four percent. Torbjorn Isaksson points out that employment developed strongly in the retail sector, which can be seen as a sign that one is in favor of state. Household debt relative to disposable income is the lowest in many years. The labor improved. House prices rise.

– In addition, energy prices have fallen, which is usually a good “boost” for US households.

Today, as not all shopping on the same day. In competition with the growth of e-commerce is taking the physical stores to all sorts of tricks. Walmart, the world’s largest retail chain, for example, spread out their Black Friday deals over five days a year. Bookstore chain Barnes & amp; Noble wants to attract customers with half a million autographed books by names such as Donna Tartt, George W. Bush and Hillary Clinton.

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Wednesday, November 26, 2014

AF should recruit 1500 – Swedish newspaper Svenska Dagbladet

AF should recruit 1500 – Swedish newspaper Svenska Dagbladet

If the government’s budget proposal goes through parliament, it means a substantial strengthening of money to AF. According to data from the AF to TT, it may mean that about 1000 advisers may be recruited next year. Other approximately 500 positions relating to compensation for people who have left the agency.

At the same time about 100 smaller offices around the country closed. There may be some resources released today are locked in rooms and direct service to job seekers.

For more of the contacts should be managed digitally, but job seekers will also have longer to travel to his mediation.

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Skanska denies tax dodging – Swedish newspaper Svenska Dagbladet

Skanska denies tax dodging – Swedish newspaper Svenska Dagbladet

Behind the construction of more than 50 billion is British investment company Innisfree and Swedish Skanska, the latter rejects the data as advanced tax schemes.

– Sorry to hear that they have so aggressive tax planning, says Torbjörn Rosdahl (M ), financial councilor in Stockholm county, in SVT’s Mission Review broadcast Wednesday night.

The alleged tax layup, planned with the help of auditing giant PWC, involves using the internal interest turbines reduce the corporate tax rate in Sweden and pick out interest income free of tax in Luxembourg. Until 2040, it is about interest transfers internally within the company spheres of 1.3 billion.

But Skanska refutes the information on the tax structure. There is no interest-spin. “The loans are designed to finance the construction of hospitals – nothing else,” writes Skanska in a press release prior to the television program broadcast.

None of the other parties involved, Innisfree, or PWC, like in the TV program respond to the moral in the shops. All indicate that the tax lay-ups done within the law.

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Tuesday, November 25, 2014

Continuing up on Wall Street – helagotland.se

Continuing up on Wall Street – helagotland.se

US stocks rose on Monday and the upturn is now in the sixth week. According to analysts, it is mainly China’s unexpected interest rate cut last week that continues to keep spirits up among investors.

The technology belonged to the winners and technology giant Apple acted as a locomotive with a price increase of 1.8 percent.

The energy sector continues to sagga, weight of the continuously falling oil price has fallen by about 30 percent since June. The oil group Exxon’s shares fell 1.1 percent.

The Dow Jones industrial index rose marginally 0.04 percent, while the Nasdaq composite index rose 0.9 percent.

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Spotify sales increased in 2013 – Swedish newspaper Svenska Dagbladet

Spotify sales increased in 2013 – Swedish newspaper Svenska Dagbladet

91 percent of sales came from the paying customers, the rest from advertisers. The annual figures were presented on Tuesday in Luxembourg, where Spotify is registered.

During the year, Spotify operates in 32 additional markets and is now available in 58 countries, mainly in Europe and the Americas. Spotify is not listed but is owned by its founders and a group of investors who have supported the company from its inception. A few weeks ago it was announced that Spotify will increase its staff 1500-2000 shortly.

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Monday, November 24, 2014

OIL: SAG fundamental change, $ 70 / barrel POSSIBLE – SG – Dagens Industri

OIL: SAG fundamental change, $ 70 / barrel POSSIBLE – SG – Dagens Industri

OIL: SAG fundamental change, $ 70 / barrel POSSIBLE – SG

                  2014-11-24 15:38
             

 STOCKHOLM () The last six months of lower oil prices is not just a temporary decline, but the result of a fundamental change in the market. Such changes occur only every ten or every twenty years and has major effects on rows of asset classes.
 It says French Societe Generale, which made an indepth study of the oil sector.
 Since June, when Brent crude reached $ 115 per barrel, the price has fallen by 30 per cent to today around 80 dollars.
 "What sets the price movement from the others we've seen recently is that the root cause of the excess supply is not temporary. Oil markets have undergone a structural change," writes Societe Generale.
 Oversupply associated with the high output growth of shale oil in the US, which means that the country's importance as oil importer decreases rapidly.
 "Moreover, Libya's output recovered sharply between June and October," notes Bank analyst Mike Wittner.
 Another factor that affects the supply is that global supply shocks decreased during the year, after increasing in 2012 and 2013. These include, for example sanctions against Iran.
 "Over a long period of accelerated disturbances significantly, which compensated for the increase in production in the United States. But now they do not increase anymore, they reduce" adds Mike Wittner.
 In addition, weaker demand in the wake of lower global growth than previously expected.
 The key to price developments in the near future, the OPEC meeting which starts on Thursday 27 November. Société Générale basic scenario is that Saudi Arabia will ultimately get with the other members on a production cut of 1-1.5 million barrels per day, which would result in an average price of around $ 90 per barrel for Brent crude during the 2015th
 To balance the market a real choice decrease of at least 1 million barrels. According to the bank, the likelihood of such an outcome is not higher than 60 percent.
 An alternative development is that the Saudis continue to do what they have said they will do, that is to say, they let the market take care of both supply and prices on their own without joint agreements within OPEC. The probability of this judge Societe Generale to 40 percent.
 Such a development would drive down the price of Brent crude to around $ 70 for 2015 and 2016. Not even lower prices are expected associated with the production of shale oil estimated to be about $ 65 per barrel.
 Falling oil prices would mean that the prices of other oil products, natural gas and coal drops. Also other commodities like corn, cotton and gold expected to be affected in the direction of lower prices.

Michael Bern Anderson +46 8 5191 7917
Direkt

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“The oil price case is not temporary” – Business Week

"The oil price case is not temporary" – Business Week

Oil prices have fallen sharply in the past six months – and it is not temporary, according to Societe Generale.

The last six months of lower oil prices is not just a temporary decline, but the result of a fundamental change in the market. Such changes occur only every ten or every twenty years and has major effects on rows of asset classes. It says French Societe Generale, which made an indepth study of the oil sector.

Since June, when Brent crude reached $ 115 per barrel, the price has fallen by 30 per cent to today around 80 dollars. “What sets the price movement from the others we’ve seen recently is that the root cause of the excess supply is not temporary. Oil markets have undergone a structural change,” writes Societe Generale.

READ ALSO: Rockefeller abandons oil

oversupply associated with the high growth of production of shale oil in the US, which means that the country’s importance as oil importer decreases rapidly. “Moreover, Libya’s output recovered sharply between June and October,” notes Bank analyst Mike Wittner.

Another factor that affects the supply is that global supply shocks decreased during the year, after increasing in 2012 and 2013 . This includes, for example sanctions against Iran. “Over a long period of accelerated disturbances significantly, which compensated for the increase in production in the United States. But now they do not increase anymore, they reduce” adds Mike Wittner.

In addition, weaker demand in the wake of a lower global growth than previously expected.

READ ALSO: The oil runs dry – about 53 years

The key to price developments in the near future, it is the OPEC meeting which starts on Thursday 27 November. Société Générale basic scenario is that Saudi Arabia is ultimately going to get with him the other members on a production cut of 1-1.5 million barrels per day, which would result in an average price of around $ 90 per barrel for Brent crude during the 2015th

In order to balance the market requires a real choice decrease of at least 1 million barrels. According to the bank, the likelihood of such an outcome is not higher than 60 percent.

An alternative development is that the Saudis continue to do what they have said they will do, that is to say, they let the market take care of both supply that prices on their own without joint agreements within OPEC. The probability of this judge Societe Generale to 40 percent.

READ ALSO: The price of petrol should have fallen – filling stations the opportunity to cash in

Such a development would push down the price of Brent crude to around $ 70 for 2015 and 2016. Not even lower prices are expected associated with the production of shale oil estimated to be about $ 65 per barrel.

Falling oil prices would mean that prices for second oil products, natural gas and coal drops. Also other commodities like corn, cotton and gold expected to be affected in the direction of lower prices.

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Notification of reduced tax deferred until 2016 – Today’s News

Notification of reduced tax deferred until 2016 – Today's News

     
     
     
 


 
     
     
     

         

                 

There will be continuing legal review of the parliamentary fraction of the threshold for state income tax. Taxpayers Association has after Monday’s ruling by the Supreme Administrative Court (SAC) decided to pursue the case. But the news of more than 900,000 Swedes tax reduction will be at least 2016.


                 
             

         

             
                 
                 
                 

                     

 

There will be continuing legal review of the parliamentary fraction of the threshold for state income tax. Taxpayers Association has after Monday’s ruling by the Supreme Administrative Court (SAC) decided to pursue the case. But the news of more than 900,000 Swedes tax reduction will be at least 2016.

– This was an anticlimax. But as long as there is an opportunity to clarify the issue, we want to contribute to it, says Joacim Olsson, president of Taxpayers, who backed up the private individual who appealed the decision.

 The Supreme Administrative Court lecturing in its ruling on Monday, the Tax Board, an agency in the Ministry of Finance, to the last summer raised the question whether it was consistent with the law to unravel a part of the budget. The center-right government wanted a year ago to give all for a monthly salary of 36,000 crowns a tax cut of up to 3,000 per year.

 
        
             
     
     
 

  It was wrong to at all to take up the case, stating the lawyers in that which is highest instance of tax cases.

 - This issue should not be examined at all in this order. This leaves the Riksdag’s decision last fall, says Thomas Bull, justices of the Supreme Administrative Court.

  It takes does not consider the Tax Board’s decision. The Board felt that it was consistent with the law to the Parliamentary majority with the red-green and the Sweden Democrats, by the year rev up that part of the budget that was about a tax cut for salary of 36,000 crowns.

 The Court’s decision means that any legal ambiguity that exists on the budget process remains.

 - To some extent, it is in the Parliamentary own hands to resolve the ambiguity. If Parliament wants it can either agree on amendments to the budget law or how to look at the practice. But if you want a judicial review of it here so it will take a few years before you finally have the answer, says Thomas Bull.

  The announcement was received with the disappointment of the organization Taxpayers who work for lower taxation.

 - I’m surprised that the Supreme Administrative Court concludes another procedure interpretation. It’s unfortunate because it leads to the question of uncertainty is extended, says CEO Joacim Olsson.

  HFD believe that a matter of a preliminary decision on someone’s tax “must refer to a relationship that is important to determine the basis for levying income tax.”

 The judgment states further: “Such a question can not relate solely tax calculations since this evidence established. In this case, the ruling request the income tax to be calculated for a given year and therefore, the question is rejected. “

  The question is thus back to square one. Now we need a new process initiated after the final tax determined for tax year 2014.

 The decision can then be appealed to the Appeal and then to the Supreme Administrative Court in that case again shall deal with the matter. Thus, it may take until 2016 or even longer before the issue was finally settled.


 

                     

                 
         

         
         
     
 
         
         
 
         
     

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Saturday, November 22, 2014

Volvo risk being fined billions of fouls – Expressen

Volvo risk being fined billions of fouls – Expressen

A number of truck manufacturers are suspected to have breached EU competition rules .

Now in danger Volvo billion in fines, and falls in the stock market, writes DI.se .

Truck manufacturers, Volvo, Scania, MAN and Daimler suspected of price collusion in the European market and face heavy fines.

It was on Thursday that the European Commission told about suspicions that truck manufacturers violated EU competition rules writes DI.se .

Right after the announcement fell Volvo’s shares on the Stockholm Stock Exchange. And the company may have to pay hefty fines – if the Commission considers that there is evidence of the suspected rule violations can truck manufacturers pay the equivalent of ten percent of its annual turnover in fines, according di.se. Last year, Volvo Group 272.6 billion crowns.

– This may cost the Volvo billions. When the European Commission come this far and look at what you are doing, it means that you have very strong evidence, says Hampus Engellau, automotive analyst at Handelsbanken, said.

Volvo and the other companies have been informed of the investigation and given the opportunity to comment.

“The Volvo Group is cooperating fully with the authorities and has previously announced that the Group is of the view that it is probable that the Group’s financial performance and cash flows may be affected materially adversely as a result of the Commission’s investigation “writes Volvo in a press release.

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Friday, November 21, 2014

China and Europe lifted Wall Street – Swedish Dagbladet

China and Europe lifted Wall Street – Swedish Dagbladet

On Friday, it was mainly the outside world that kept the American courses under the arms. An unexpected interest rate cut in China, where the central bank wants to boost the economy, contributed to the optimism. It also made a speech by the head of the European Central Bank, Mario Draghi, where he admittedly warned of low inflation but also opened the way for increased stimulus.

The Dow Jones industrial index rose 0.5 percent, while the Nasdaq composite index rose 0 , 2 percent.

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Thank you and hello to periods – Swedish Dagbladet

Thank you and hello to periods – Swedish Dagbladet

But freedom has its price in the form of more expensive phones.

– The feeling of being locked up does not work anymore, says Thomas Ekman, president of the operator Tele 2, which, after an audit revealed a compact dissatisfaction with bound subscriptions, decided to scrap the term.

– We want satisfied customers quite easily, and then we have to change that.

Now separated from the cell phone subscription, which means that the customer pays off the phone as normal, but are free to upgrade or downgrade or change operator.

All the major Swedish mobile operators offer, for some time, the ability to purchase a mobile cash and sign a separate subscription without period.

The operator Tres Communications Kamran Alemdar indicate that term is usually linked to the hardware itself, and that the price of abolishing term is an expensive mobile.

– We subsidize the phone if it binds up itself. How much depends on what phone you choose.

Although Telenor chose in June to distinguish your phone from the subscription.

– We see that customers want more flexibility, says Alexandra Carlsson, press officer at operator, and point to sustainability.

– We are looking to re-use customer phone, so that they have a longer lifetime.

Jan Nyquist, Head of Consumer Agency Legal advocates short or canceled periods .

As the buying public has become more enlightened, as it is easier to compare products and services, the competition intensifies, forcing industries to be more transparent.

– In general, industries become more open and generous with such open purchase.

Although the Enforcement Authority communicator Tina Häggmark welcomes abolition periods that she believes increases the likelihood of more to avoid getting into debt.

– It is never good to tie up your finances in the future, but it’s always best to save first and pay everything at once.

Therefore, the Enforcement Authority has had a partnership with the mobile industry to increase awareness among those who write in.

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Wednesday, November 19, 2014

Moves from the world’s largest Ikea store – Aftonbladet

Moves from the world's largest Ikea store – Aftonbladet

Ikea will be moving from a department store in the King’s curve. Instead, one should build a completely new near the old one. It states Fastighetsvärlden.

The department store in the King plot opened in 1965 and was the second that the company built for the department store in Älmhult. Now it plans to move to instead build an entirely new. The old building is not up to standard, says the company.

– We have a strong interest in our two stores in the Stockholm area. There is a big push, and now we can look at how we can create an even better experience for our customers in the King plot forward, says Anna Pilkrona Godden, Press Officer at Ikea Sweden, to Fastighetsvärlden.



The world’s largest Ikea Warehouses

The new building will have an area of ​​97,000 square meters, with a retail space of 57,000 square meters. It is still unclear what will happen to the old premises, but according Fastighetsvärlden be Huddinge have shown interest in taking over parts of the building.

The deal in King’s curve is the largest IKEA store in the world.

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Tuesday, November 18, 2014

Musk want to drive Tesla on Mars – Swedish Dagbladet

Musk want to drive Tesla on Mars – Swedish Dagbladet

The man in front of us unbuttoning the top two buttons of his white shirt with a quick motion. He is worth $ 9 billion according to Forbes magazine.

Elon Musk can, sloppily put, do what he wants, and he was once based payment service Pay-Pal are now trying to revolutionize the automotive and aerospace industries. At the same time.

He takes a sip of the rippling water in the drinking glass, watching SvD Enterprise’s envoy and says:

– What can we do better? What are we doing wrong?

We are in Tesla’s temporary supply premises close to the severely delayed major airport in Berlin. A black shadow falls into the room from a window, a bilsiluett slowly whizzing past us on the other side of the wall. It’s the new Tesla Model S four-wheel drive and 700 elhästar now being launched.

– I want to show that electric cars are not slow golf carts that have hardly any scope.

But What is your vision of Tesla?

– forcing the introduction of electric cars and sustainable transport, he says quickly.

And he has a concrete goal, and it is beyond vitriolic sports and luxury cars.

– I told my girlfriend at the outset that the goal is to create a cheap electric car with a long reach. Had we been able to do that from day one we had done it. Now it is three years away.

To reach the the smaller electric car chiselled out a business plan back in 2004. It had four steps. First launch an expensive sports car, then a four-door luxury car which was still expensive, but did more – it is the current Model S. It took the established luxury car manufacturers on the bed in 2012 and is now in a hyper-speed version that does 0 to 100 kilometer per hour in unimaginable 3.2 seconds, which is on par with supercars like the McLaren F1.

The third step is an SUV that will be built on the Model S platform – and called the Model X. But where has it come spanner in the works. After four delays, it is said now that it will reach the market in late 2015th

Why is it late again?

– I am a perfectionist with the car so you can blame me.

What do you mean?

– There are some elements that are very complicated as gullwing doors that open upwards and the second row.

Elon Musk speaks quietly but quickly. The South African accent makes him sound relaxed and almost slurred at the same time.

We will enter the the fourth step and the goal of the company: a smaller and cheaper electric vehicle.

– In three years, in 2017, the Tesla “model 3″ is launched, a smaller car you can afford better with. It will cost 35,000 dollars, ie half the price of the Model S and be able to walk between 30 and 50 mil. Imagine an Audi A3 or A4.

This is what Elon Musk promised his girlfriend. But to be able to launch it, he succeeds with even a risky project: a giant battery factory in Nevada for $ 5 billion – which is the key to bringing down battery costs by 50 percent by 2020. In the fall, several pieces in it to say the least spectacular project fall into place, including a partnership with Panasonic. But still not all funding resolved.

And in the near term, it has also raised some questions. At the last quarterly report of 5 November he was forced to write down the forecast of the number of cars sold in 2014 from 35,000 down to 33,000 cars, which he says are related to the closed factory.

How many do you sell next year?

– We expect a 50 percent increase, so around 50,000 cars. If we are lucky will be the 60th 000th

Tesla has an ambitious goal to sell 500,000 cars in 2020.

Does the case still?

Here hesitate Elon Musk, speech flow stops.

– In 2020, I think … it is likely that it will be in 2020.

Last quarter, sales increased, but also the loss to $ 75 million.

When do you gain?

– Profit is not our goal. I have been clear when I talked to investors. We have strong growth and will lose money for many years to come.

But you have well a target when you are going to be profitable?

– I feel confident that we will be profitable at some point. But I’m not sure when the right time is.

So far, investors have confidence in Tesla, which was listed on Nasdaq in 2010.

Next, the course has increased considerably, from around 35 dollars to Tuesday’s low of around $ 260.

Elon Musk takes a sip of water. We come in the name Tesla. It comes from Nikola Tesla, who is regarded as the father of electromagnetism and alternating current.

– We wanted someone who revolutionized electricity and chose between Faraday and Tesla.

Michael Faraday was also one of the pioneers of electromagnetism and invented the electric motor.

Elon Musk laughs.

– We took actually not the name Tesla, but it made a jeppe in Sacramento in the US who did not want sell it to us.

Elon Musk light up, get a dreamy look in her eyes.

– He did not answer the telephone or letter. We had to send a representative who basically camped outside his door until he sold the damn brand.

What did it cost?

– 75 000 dollars, it was a lot for us in the beginning.

What was Sacramento man’s plan with Tesla?

– He was probably just crazy.

start talking about comparisons with other luxury car manufacturers, who have been much slower to electric vehicle development. He will return to the word risk.

– large corporations are generally slow to embrace new technology. It’s so much easier to do the same as last year but 5 percent better. That’s what big companies do.

He got up steam. Taking a sip of water.

– Making electric cars is another thing. When you take a big risk, especially when talking with investors.

He sighs.

– Finance guys always look in the mirror and ask me about successes with other electric cars, and I say, ” There are no “. That’s how it sounds. We must now show that it can be a success. Then it any other electric car manufacturers.

Audi CEO Rupert Stadler told me in October that Audi would never take the risk that premium automakers to make cars that handle 40 mil on electricity. What are you thinking about it?

– When they see that the Model S is a success, they will take the risk, because we have taken the risk to them. We want everyone to get better electric car manufacturers. That was also why we recently opened up our patent even if the deterioration of our competitive position.

Do you mean you did a great action that is fundamentally bad for Tesla?

He gets quiet. Seems to push off and the voice deepens.

– Many wondered if the patents. But there was nothing mysterious trick that will give us the advantage. It gives us the cons, but it is also consistent with our vision, he says, and meets up with eyes that do not fold.

He keeps coming back to his vision: to create sustainable transport and to speed up the development of electric cars.

But there’s a tricky query that basically foil the most part. His electric cars is not the solution to the world’s environmental problems as long as the electricity is produced by coal fired power stations – as in Germany where we are.

He breaks off. Becomes short cut.

– This is why we need a carbon tax. We need obviously sustainable energy production.

And the eyes flashes of even more life when he starts talking about the next question – which is extremely unusual for publicly-CEOs placing smallest hot air about.

Elon Musk start talking about space travel. For Mars. A huge smile spread out.

He has namely another visionary project: Space-X that will revolutionize space launch rockets and put people on Mars. One project he put in $ 100 million in. Yes, you read that right – $ 100 million. Recently he has also started a new project where 700 satellites with new technology to provide internet access to millions of people.

Which projects are most important?

– They are all equally important on each arena. Tesla is about solving the sustainable energy consumption. SpaceX is that we should be able to stay on multiple planets.

Some argue that you do not add enough very focused on Tesla. What do you say?

– Haha, I think I always hear that stuff all over the place, but it depends who you ask. I split my time 50/50 between Tesla and SpaceX. Maybe 5 percent otherwise.

One of the goals of SpaceX is to enable individuals to live on Mars.

Would you like Tesla Cars on Mars?

– Absolutely. I hope we all will live as long as we get to see people on Mars. It would be so amazing.

Recently, crashed Richard Branson’s commercial space shuttle Spaceship Two in the Mojave Desert.

To send people to Mars with SpaceX would be a big risk. Are you worried?

– Of course. But if we do not challenge the limits, we will never reach anywhere.

Elon Musk draws a deep sigh and his face becomes relaxed. The gaze disappears away.

– We will all die one day and … there are better and worse ways to die.

What do you mean?

– You can die from a disease – like cancer or you can go out in a spaceship and force limits. I think the second option is better.

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SAS is laying off 100 employees in Sweden for specialist requirements – TV4 – Dagens Industri

SAS is laying off 100 employees in Sweden for specialist requirements – TV4 – Dagens Industri

SAS is laying off 100 employees in Sweden for specialist requirements – TV4

                  2014-11-18 19:53
             

 (SIX) airline SAS has announced 100 cabin crew in Sweden in  day. The TV4 report in its evening broadcast.       The reason for the notice is in accordance with the TV channel an "infected brawl '  with the union cabin crew the opportunity to rest facilities during  long-haul flights. SAS will according element have ordered new  aircraft for long-haul routes that do not have collective agreement  opportunities for rest facilities.       "This is not a situation we want, but we have been in this  situation. I think we all have believed and hoped for a solution  but unfortunately we have not found one, says Margareta Vang, Director  cabin crew at SAS, to TV4Nyheterna.       To cover up the SAS at the end of the year to fly in staff  from Norway, where the staff does not object to the new  working conditions, reports TV4 on.    Anna Sundström  mailto: anna.sundstrom@six-group.se  www.blogg.six.seSIXNews  SIX News 

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Monday, November 17, 2014

Therefore Astra falls in the stock market – Dagens Industri

Therefore Astra falls in the stock market – Dagens Industri

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Attracts class action against Northland – helagotland.se

Attracts class action against Northland – helagotland.se

The lawyer, John Foreman, appeals via online broker Avanza savings economist Claes Hemberg that shareholders suffered losses of Northland shares purchased prior to 23 January 2013, in touch and authorize him to speak for them.

According to the Advocate Northland extensive assets despite being subjected to severe pressure and activity is down.

It’s been almost two years since Northland revealed with miljardhål in the budget. Among the participants in the support package that saved the company then was state LKAB, Folksam, Peab and Metso.

But despite Northland managed to avoid bankruptcy with new loans and capital contributions Spring 2013 has not been able to achieve profitability and cover the cost of necessary investments.

The

Northland, which in autumn terminated virtually all employees, presented last week a so-called scheme of arrangement in which major creditors would have to settle for 25 percent of the claim or defer payment for 2022.

The ongoing reconstruction has recently been extended by Luleå District Court.

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Sunday, November 16, 2014

No recognition from murder suspect 17-year-old – Swedish Radio

No recognition from murder suspect 17-year-old – Swedish Radio

The information from the prosecutor that 17-year-old admitted the murder in Norrahammar south of Jönköping in late October is not true.

The prosecutor Eleanor Dufva has had to backtrack and apologize for that she used an inappropriate expression. Aftonbladet she says that 17-year-old has admitted the facts, but that he has not recognized the killings.

The 17-year-old’s lawyer told the newspaper that this harmed his client and that he shall request that the confidentiality of the case lifted, so that the 17-year-old may be able to give his version.

A 16-year-old is also suspected , both detained and suspected of murder and attempted murder. It was the night of October 28 as a 17 year old was shot to death, and a 16-year-old was shot in Norrahammar. The two suspect fled in a taxi, which was stopped on E4 in Scania, where they could be arrested and later arrested.

The 17-year-old who died of his injuries had since the beginning of the fall has been on the run from treatment center Margretelund Lidköping. 16-year-old, who was injured, left the hospital before police could question him, but is now himself on suspicion of attempted murder in Malmö earlier this fall.

The prosecution for the shots in Norrahammar must be brought not later than 28 November.

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Police presence to Annie Lööfs housing – Aftonbladet

Police presence to Annie Lööfs housing – Aftonbladet

Center leader Annie Loof was not at home.

Then someone broke the door to her residence.

But the burglar alarm went off – and a large police force and SAPO sent to the scene.

Stockholm police command center received the alarm at 16.45 yesterday.

An automatic burglar alarm had been triggered in the Center leader Annie Lööfs villa Nacka.

– There was someone who had broken up a door but we have no idea if anyone was in there or not, says Jens Mårtensson, duty officer at Stockholm police länskommunikationscentral.

Extensive police presence

According to police, none of the residents of the villa at home when the alarm went off.

It is unclear whether the offenders successfully complete their plans or interrupted by, for example, the burglar alarm .

– There are no signs that anything was stolen at all. It may be that you had no idea where they broke into anywhere but there is SAPO leading that part of it all, says Jens Mårtensson.

The residents of the area describes an extensive police presence at Annie Lööfs Housing:

– It was both the police and the Security Service everywhere. At the house, and at the exit to the road out to the Värmdö-. They searched with dogs. It felt like all police officers throughout Nacka was looking at this.



Where in Poland

Police said that they handled the incident as an ordinary burglary – but explains the large blip of the it is a member of parliament who lives in the villa.

– So there will always be whether there is any security person says Jens Mårtensson.

A neighbor says that police knocked on doors in the area.

– They said it was about a burglary in the villa. And when I talked to them did not seem to have taken any of it yet.

At 23 o’clock last night came Annie Loof home to home with the broken door.

On Twitter, told the Center leader earlier in the day that she had a “wonderful weekend in Warsaw with excellent food, tourist spirit, shopping and relaxation for two days.”

Do not comment

At the Centre Party’s press office choose not to comment on the incident.

– I have no comment, says Elisabeth Bitterlich the Centre Party.

Also SAPO put the lid on:

– I have no information giving, says Sirpa Franzén, press officer at the Security Police.

Police headlining the event as attempted theft, alternatively theft – depending on whether the perpetrators managed to steal something or not from Annie Lööfs residence.

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Separate bids for Ikea in Slakthusområdet – Daily News

Separate bids for Ikea in Slakthusområdet – Daily News

     
     
     


         

                 

Is there an Ikea store at Slaughterhouse area in southern Stockholm? No, is the announcement from the representatives of the Green Party and the Left in the Stockholm City Hall, while the Social Democrats by no means closed the door to the furniture giant.


                 
             

         

             
                 
                 

                     

 

Will there be an IKEA store at the Slaughterhouse area in southern Stockholm? No, is the announcement from the representatives of the Green Party and the Left in the Stockholm City Hall, while the Social Democrats by no means closed the door to the furniture giant.

So it seemed, anyway position be on Friday evening. First, the paper wrote Årsta Enskede that there will be any of the project with reference to the policy’s new Stockholm rödgrönrosa majority of parties S, MP and V would be agreed to halt construction.

  However, there was no S-voice in the newspaper article – it was the only Green Party Åke Askensten and Left Party Clara Lindblom who spoke. Both said that when the project is not in S, MP and V’s draft budget for next year so there will be none of.

 
        
             
     
     
 

 - We had a meeting last Thursday and no doubt about Ikea was out of the question, said Åke Askensten, MP Member of the Development Committee, the newspaper Årsta Enskede.

 TT got hold of city planning commissioner Roger Mogert, heavy social democrat in Stockholm policy. And his message did not tally with Ash and sums Lindblom.

  If only the traffic situation can be solved, he believes that an Ikea can mean a lot to the development of the area:

 - It’s a long term project with great potential that can be very good, said Mogert, who also pointed out that Ikea previously been to “many constructive solutions in other cities, from Hamburg to Hong Kong.”

 To be continued.


 

                     

               
         

         
         
     
 
         
         
 
         
     

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Saturday, November 15, 2014

Norwegian Telenor suspected of bribery in Uzbekistan – Swedish YLE

Norwegian Telenor suspected of bribery in Uzbekistan – Swedish YLE

The Uzbek dictator’s daughter Gulnara Karimova . Picture: EPA / Sergei Ilnitsky

The Norwegian telecom giant Telenor suspected mutaffärer in Uzbekistan – that is, for a similar corruption scandal that Swedish-Finnish TeliaSonera earlier. It is the Norwegian newspaper The class struggle that comes with the revelation.

The newspaper publishes documents showing that Telenor, through a joint venture in Uzbekistan – Vimpelcom – will have paid bribes to enter the market in Uzbekistan. Also in this case, the daughter Uzbekistan diktatoriske President Karimov to be shot on the bribes.

In the TeliaSonera Hank must daughter Gulnara Karimova via intermediaries and company Takilant in Gibraltar have been over 200 million. Now these are under the Class Struggle of EUR 20 million through Takilant likely come presidential daughter to spare.

Telenor Communications Glenn Mandelid says the AFP news agency that Telenor is only a minority shareholder in Vimpelcom, so it is the responsibility that everything goes right. We have zero tolerance for corruption at Telenor says Mandelid.

When Telia Sonera began to be suspected of bribery in 2012 denied Telenor that it would deal with the same thing in Uzbekistan. TeliaSonera’s management – with CEO Lars Nyberg in the forefront – was later forced to resign due to the scandal.

Published . Updated

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