Sweden

SAS airline operator in the red over writedown and high fuel prices

SAS airline operator in the red over writedown and high fuel pricesStockholm - The SAS Group, the operator of the joint carrier Scandinavian Airlines, on Wednesday posted a pre-tax loss for third- quarter 2008, citing high fuel costs, the economic downturn and a goodwill writedown in its Spanish-based carrier.

The SAS Group posted a third-quarter pre-tax loss of 1.78 billion kronor (231 million dollars) compared to a pre-tax profit of 457 million kronor in the corresponding business period of 2007.

Third-quarter sales were 16.36 billion kronor, slightly up year- on-year.

Adequate Amount of Sleep Reduces Heart Attack Susceptibility

Adequate Amount of Sleep Reduces Heart Attack Susceptibility As 1.5-billion people around the world shift from Daylight Saving Time to normal standard time, according to research published in the New England Journal of Medicine by two Swedish doctors - Imre Janszky (Karolinska Institute) and Rickard Ljung (National Board of Health and Welfare) on the relation between sleep and heart attacks, an extra hour of sleep time will reduce the likelihood of heart attack.

Arab singer arrested on suspicion of drugs possession

George WassoufStockholm  - A Syrian-Lebanese singer was due to appear at a remand custody

Major Swedish bank to sign on to stability plan

Major Swedish bank to sign on to stability plan Stockholm - Swedbank, one of four major Swedish banking groups, Tuesday confirmed it planned to sign on to a stability plan approved last week.

The application to join the guarantee programme was to be filed shortly, the group said.

The guarantee fund is worth 1.5 trillion kronor (201 billion dollars) and banks would have to comply with restrictions concerning bonus payments and other benefits to top executives.

The scheme is initially scheduled to run until April 2009.

Extra Sleep Could Save Your Ticker

Extra Sleep Could Save Your TickerA study by Swedish researchers has found that the extra hour of sleep that the daylight savings time gives could prevent some people from having a heart attack. The research based on heart attacks in Sweden found that lack of sufficient sleep could adversely affect cardiovascular health and may even result in an increased likelihood of having a heart attack.

Swedish study: Pet dogs can help children hone reading skills

Stockholm - Children can polish their reading skills by practising to read aloud to their dogs, according to a new Swedish study.

Two Swedish students at a teacher's training college presented the suggestion in a joint essay at the University of Skovde.

"A dog doesn't judge and I can practice listening to my own voice and become more confident," Rebecka Dirfeldt and Cecilia Persson on Monday told Swedish radio.

The two said they had put the method to practise after spotting an article about specially-trained dogs in the United States that were trained to sit still while children read to them.

The two college students asked a number of 8-year-olds who had a pet dog to practise reading aloud to their pet.

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