Friday, November 22

Tag: Nordic Countries

Israel and Qatar Explore Revival of Deal for Gaza Hostages
16Dec By adminNo Comments
World

Israel and Qatar Explore Revival of Deal for Gaza Hostages

Listen to article(2 minutes)Israeli and Qatari officials were set to meet in Norway on Saturday in an effort to revive talks about the release of hostages held in Gaza in return for a cease-fire and the freeing of Palestinian prisoners held by Israel, according to people familiar with the matter.Qatari Prime Minister Mohammed bin Abdulrahman Al Thani was due to meet David Barnea, director of Israel’s Mossad intelligence agency, in Oslo, the people said, describing the talks as exploratory. They added that Barnea is also likely to meet with Egyptian officials.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Norway Central Bank Surprises With Quarter-Percentage Point Rate Hike to 4.5%
14Dec By adminNo Comments
World

Norway Central Bank Surprises With Quarter-Percentage Point Rate Hike to 4.5%

Norway’s central bank surprised markets by raising its key policy rate Thursday, saying that a final hike in the current cycle was needed to ensure that inflation doesn’t remain too high for an extended period.Norges Bank increased its key policy rate by 25 basis points to 4.50%, versus a Dow Jones poll before the decision that had pointed to an unchanged rate of 4.25%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Vladimir Putin Harasses Finland – WSJ
25Nov By adminNo Comments
Business

Vladimir Putin Harasses Finland – WSJ

Vladimir Putin likes to stir up trouble with neighbors even when he isn’t invading them. Witness his latest effort to use migration to bedevil Finland.Finland announced that on Nov. 24 it will close all but one of its border crossings with Russia. Finnish authorities cited Section 16 of the country’s Border Guard Act, which allows closures to prevent a threat to national security and public order. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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EU Helps Finland Secure Its Borders Amid Migrant Influx From Russia
23Nov By adminNo Comments
World

EU Helps Finland Secure Its Borders Amid Migrant Influx From Russia

The European Union will help Finland bolster its borders following a recent surge of migrants trying to enter the country from Russia, whom Helsinki has accused of facilitating their passage.Frontex, the European Border and Coast Guard Agency, said Thursday it would send 50 border-guard officers and other staff, along with equipment such as patrol cars, to bolster Finland’s border-control activities. The reinforcement, including surveillance officers, support for registering migrants, document experts and interpreters, was expected to be on the ground as soon as next week, the agency said. Frontex currently has 10 officers working at the Finnish borders, it said.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Auto & Transport Roundup: Market Talk
20Nov By adminNo Comments
World

Auto & Transport Roundup: Market Talk

The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.1321 ET – Nikola’s departing finance chief Anastasiya Pasterick is heading to another hydrogen-powered vehicle company. Universal Hydrogen, a private company developing hydrogen-powered aviation, announces it has hired Pasterick as CFO. Nikola has faced a flurry of executive changes this year and said in a regulatory filing Friday that Pasterick would resign after several months in the CFO role. Universal Hydrogen notes Pasterick’s prior involvement with Nikola’s SPAC merger which took the company public in 2020 and her experience helping with the IPO of nLIGHT. Nikola shares drop 3.9% to $1. (ben.glickman@wsj.com; @benglickman)Copyright ©2023 Dow ...
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Icelandic Villagers Brace as Volcanic Eruption Looms
13Nov By adminNo Comments
World

Icelandic Villagers Brace as Volcanic Eruption Looms

Updated Nov. 13, 2023 11:21 am ETResidents of an Icelandic fishing town under threat from a volcanic eruption were allowed back to their homes for five minutes to collect pets and valuables as tremors continued to rock a peninsula jutting out into the North Atlantic, reviving memories of the 2010 eruption of the Eyjafjallajokull volcano and the disruption it caused the global aviation industry.Grindavik’s 3,400 people were evacuated on Saturday after seismologists detected a 9-mile-long underground corridor of semi-molten rock moving beneath the town toward the nearby Fagradaslfjall volcano, around 30 miles southwest of the capital, Reykjavik. By midday Monday, 30,000 earthquakes had been recorded over the past three weeks and the aviation alert was raised to orange to indicate a heighten...
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Novo Nordisk Invests Over $6 Bln to Boost Production Capacity
10Nov By adminNo Comments
World

Novo Nordisk Invests Over $6 Bln to Boost Production Capacity

Novo Nordisk will invest over 42 billion Danish kroner ($6.01 billion) to boost manufacturing capacity in Kalundborg, Denmark.Most of the new capacity will be dedicated to manufacturing active pharmaceutical ingredients, including for its blockbuster GLP-1 products for treating diabetes and obesity, which will increase the company’s ability to meet future market demands.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Novo Nordisk Earnings Continue to Surge on Blockbuster Weight-Loss Drug Demand
2Nov By adminNo Comments
World

Novo Nordisk Earnings Continue to Surge on Blockbuster Weight-Loss Drug Demand

Updated Nov. 2, 2023 3:27 am ETNovo Nordisk’s earnings soared by 56% in the third quarter, boosted by blockbuster weight-loss drugs that have quickly made the Danish drugmaker Europe’s most valuable company.However, the company said it will continue to restrict the supply of lower-strength doses of its Wegovy obesity medicine in the U.S. to safeguard supplies for current patients.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Orsted Books $4 Bln Impairments, Walks Away From Two US Offshore Projects
1Nov By adminNo Comments
World

Orsted Books $4 Bln Impairments, Walks Away From Two US Offshore Projects

Updated Nov. 1, 2023 3:33 am ETOrsted booked a 28.4 billion Danish kroner ($4.02 billion) impairment charge in the third quarter related to its U.S. offshore wind portfolio and said it will stop development of two wind farm projects off the coast of New Jersey amid spiraling costs and supplier delays.The Danish renewable-energy company had previously warned of up to DKK16 billion of impairments after flagging increasing supply-chain risks at U.S. projects, while a lack of favorable progress on U.S. tax credits and higher interest rates were also sending project costs higher.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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