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☆ Wegovy Maker Novo Nordisk’s Profit Surges on Weight-Loss-Drug Demand
▼ + stars: | 2023-11-02 | by ( Dominic Chopping | ) www.wsj.com time to read: 1 min

Diabetes drugs could become an effective way to treat behavioral issues and addiction. WSJ’s Daniela Hernandez breaks down the science on how they work and how they could change psychiatry forever. Photo illustration: Elizabeth SmelovWegovy maker Novo Nordisk reported soaring profit, boosted by blockbuster weight-loss drugs that have quickly made the Danish drugmaker Europe’s most valuable company. Surging demand for the drugs has supercharged the company’s stock price, tilted the scales of its home economy in Denmark and triggered a frenzy on Wall Street over how the treatments and others like it might affect other industries, including snack foods and airlines.

Persons: WSJ’s Daniela Hernandez, Elizabeth Smelov Organizations: Novo Nordisk Locations: Danish, Denmark

☆ Novo Nordish and Eli Lilly cash in on blockbuster weight-loss drugs
▼ + stars: | 2023-11-02 | by ( Manav Tanneeru | Samantha Delouya | ) edition.cnn.com time to read: +2 min

New York CNN —As prescriptions for weight-loss and diabetes drugs skyrocket, so too has revenue for drugmakers Novo Nordisk and Eli Lilly. On Thursday, Novo Nordisk, the Denmark-based company behind Ozempic and Wegovy, reported a 29% increase in sales to $8.4 billion for the third quarter. The pharmaceutical companies are two of the biggest beneficiaries of the recent weight-loss drug frenzy, with Novo Nordisk catapulting to Europe’s most valuable company in September. Novo Nordisk reported that its obesity care sales grew 174% in the first nine months of 2023, mainly driven by US demand. The success of Novo Nordisk and Eli Lilly’s drugs has inspired other companies to dive into the prescription weight-loss business, including WeightWatchers, now known as WW International.

Persons: Eli Lilly, Mounjaro, Wegovy, Novo, –, Eli Lilly’s Organizations: New, New York CNN, drugmakers Novo Nordisk, Novo Nordisk, Novo Nordisk catapulting, International Locations: New York, Denmark, United States, Novo

LONDON/COPENHAGEN, Nov 2 (Reuters) - Global brewers AB InBev (ABI.BR) and Carlsberg (CARLb.CO) this week played down concerns among some investors that demand for weight-loss drugs may lead to a sharp drop in beer drinking. But AB InBev Chief Executive Michel Doukeris likened the concerns to others, such as how cannabis could disrupt various sectors, which he said were often short-lived. Some clinical trials on rodents have found treatment with GLP-1 agonists reduces alcohol consumption, eases symptoms of alcohol withdrawal and more. AB InBev has a big U.S. business, but earns more revenue in the Middle Americas and has a large footprint in countries like Brazil. Such emerging markets often have lower obesity rates, while weight-loss drugs are unlikely to be available or affordable there any time soon.

Persons: Nordisk's Wegovy, Michel Doukeris, Jacob Aarup, Andersen, Moritz Kronenberger, Janus Henderson, Tom O'Hara, O'Hara, Wegovy, Emma Rumney, Jacob Gronholt, Matthew Scuffham, Alexander Smith Organizations: Global, AB InBev, Carlsberg, Nordisk's, InBev, Reuters, Budweiser, World Health Organization, WHO, Germany's Union Investment, Brewers, Pedersen, Thomson Locations: COPENHAGEN, United States, Brazil, Asia, China, Danish, U.S, London, Copenhagen

☆ Guatemala's First 3D-Printed Tiny Home Is Earthquake Resistant: Photos
▼ + stars: | 2023-11-02 | by ( Brittany Chang | ) www.businessinsider.com time to read: +4 min

Using a COBOD printer, 3DCP Group and Progreso have built what they say is Guatemala's first 3D-printed tiny home. Over the last few years, more US startups and real estate companies have been turning to 3D printing construction methods. Progreso, 3DCP Group, COBODNow, the global 3D printing community is welcoming one of its newest builds: an earthquake-resistant tiny home in Guatemala. Progreso, 3DCP Group, COBODProponents of 3D printing construction say the tech can build homes faster and cheaper with less waste and labor. AdvertisementAdvertisement"I hope that in decades from now, there'll be 3D printers on most construction sites around the globe," Lund-Nielsen said.

Persons: —, 14Trees, it's, Philip Lund, COBOD's, wasn't, Nielsen, Lund Organizations: 3DCP, Service, Central American, Kenyan, Nielsen, LinkedIn, 3DCP Group, Lund Locations: Progreso, Austin , Texas, Madagascar, Kenya, Guatemala, Denmark

Flags with the Novo Nordisk logo flutter outside their Danish company's offices in Copenhagen, Denmark, September 26, 2023. REUTERS/Tom Little/File Photo Acquire Licensing RightsCOPENHAGEN, Nov 2 (Reuters) - Novo Nordisk (NOVOb.CO) on Thursday reported record sales and operating profits for the third quarter but said it would keep in place restrictions on supplies of its hugely popular Wegovy weight-loss drug. Wegovy sales totaled 9.6 billion Danish crowns ($1.36 billion) between July and September, up 28% from the previous quarter and up eight-fold from the same period last year. In August, Novo said the curbs on Wegovy supplies would most likely extend into 2024. Sales grew 29% year-on-year to 58.7 billion Danish crowns ($8.33 billion), while operating profit (EBIT) rose 33% to 26.9 billion, both in line with preliminary numbers released last month.

Persons: Tom Little, Wegovy, Novo, Eli Lilly, Jacob Gronholt, Pedersen, Terje Solsvik Organizations: Novo Nordisk, Danish, REUTERS, Rights, European Union, U.S . Food, Drug Administration, Thomson Locations: Copenhagen, Denmark, U.S, United States

REUTERS/Andrew Kelly Acquire Licensing RightsMOSCOW, Nov 1 (Reuters) - Former Russian president Dmitry Medvedev sneered at the Danish brewer Carlsberg (CARLb.CO) on Wednesday for having thought it could quit Russia without penalty after the West sanctioned Moscow for its invasion of Ukraine. Carlsberg CEO Jacob Aarup-Andersen on Tuesday said Russia had stolen its business when President Vladimir Putin in July granted temporary control of its majority stake in the Russian brewer Baltika to the federal government. "Like their brethren in the Western menagerie, they abandoned everything in Russia for political reasons ..., refused to fulfil their obligations to Russian contractors. Carlsberg had eight breweries and about 8,400 employees in Russia, and took a 9.9 billion Danish crown ($1.4 billion) write-down on Baltika last year. ($1 = 7.0694 Danish crowns)Reporting by Reuters in Moscow and Alexander Marrow in LondonOur Standards: The Thomson Reuters Trust Principles.

Persons: Andrew Kelly, Dmitry Medvedev sneered, Jacob Aarup, Andersen, Vladimir Putin, Baltika, Carlsberg, Medvedev, they'd, Alexander Marrow Organizations: Carlsberg, REUTERS, Rights, West, Russia's Security, Reuters, Thomson Locations: Copenhagen, Denmark, Russian, Danish, Moscow, Ukraine, Russia, London

☆ Orsted’s losing US bets need rethink of UK plans
▼ + stars: | 2023-11-01 | by ( Yawen Chen | ) www.reuters.com time to read: +4 min

Turbulent news has buffeted the wind sector of late, from faulty turbines at Siemens Energy (ENR1n.DE) to Orsted’s own surprise impairments in August. After that surprise – largely caused by suppliers’ issues – Orsted’s stock price is just a fifth of its 2021 peak of 1,350 Danish crowns. That suggests investors are neither counting on future growth from its U.S. portfolio nor sufficiently factoring in Orsted’s earnings from operating projects. That’s a far cry from the annual average increase of 14% from 2023 onwards implied by Orsted’s EBITDA target of up to 55 billion Danish crowns in 2030. Hornsea Three would require capital investments of 48.5 billion Danish crowns, according to Bernstein.

Persons: Mads Nipper, Nipper, Orsted, Bernstein, Orsted’s, Francesco Guerrera, Oliver Taslic Organizations: Reuters, Siemens Energy, Reuters Graphics Reuters, U.S ., Thomson Locations: SINGAPORE, United States, New Jersey, Danish, U.S . East Coast

☆ Indonesia, Vietnam energy transition financing under G7-funded plans
▼ + stars: | 2023-11-01 | by ( ) www.reuters.com time to read: +5 min

South Africa was the first country to reach a deal under the JETP, securing a $8.5 billion financing pledge in 2021. Indonesia secured a pledge of $20 billion and Vietnam $15.5 billion in deals struck in late 2022. Without the plan, Indonesia's greenhouse gas emissions are expected to reach more than 350 million tons in 2030. How would the JETP financing be arranged? G7 donors as well as Norway and Denmark have pledged a total $10 billion public financing for Indonesia while the remaining $10 billion will come from public financing.

Persons: they'll, Quoc Khanh, Fransiska Nangoy, Khanh Vu, Francesco Guarascio, Robert Birsel Organizations: REUTERS, Rights, Climate, Asian Development Bank, Natural Resources, Reuters, European Union, Thomson Locations: Hanoi, Rights JAKARTA, HANOI, Indonesia, Vietnam, Africa, Senegal, INDONESIA Indonesia, Norway, Denmark, VIETNAM, EU

☆ How Novo Nordisk makes its weight-loss drug Wegovy
▼ + stars: | 2023-11-01 | by ( Maggie Fick | ) www.reuters.com time to read: +3 min

[1/2] A 0.25 mg injection pen of Novo Nordisk's weight-loss drug Wegovy is shown in this photo illustration in Oslo, Norway, August31, 2023. REUTERS/Victoria Klesty/Illustration/File Photo Acquire Licensing RightsLONDON, Nov 1 (Reuters) - Novo Nordisk (NOVOb.CO) is spending billions of dollars to boost output and ease shortages of its hugely popular, highly effective weight-loss medicine Wegovy. FILL-FINISHNovo has hired Catalent (CTLT.N), a large U.S. contract drug manufacturer, to fill injection pens for Wegovy at two of that company's plants: in Brussels and in Bloomington, Indiana. Novo has also hired another U.S. firm, Thermo Fisher (TMO.N), as a Wegovy pen filler. COMPONENTSThe Wegovy injection pens for the U.S. market slightly differ from those sold in the European markets including Norway, Denmark, Germany and UK, where it has so far launched.

Persons: Victoria Klesty, Catalent, Novo, Wegovy, Maggie Fick, Josephine Mason, Tomasz Janowski Organizations: REUTERS, Novo Nordisk, U.S, Novo, Reuters, PCI Pharma Services, autoinjectors, West Pharmaceutical Services, Stevenato, SCHOTT Pharma, Thomson Locations: Oslo, Norway, August31, Victoria, Danish, Novo, Denmark, U.S, Brussels, Bloomington , Indiana, Greenville , North Carolina, Greenville, Germany, Europe, Swiss

REUTERS/Alexander Demianchuk/File Photo Acquire Licensing RightsCOPENHAGEN, Oct 31 (Reuters) - Carlsberg has cut all ties with its Russian business and refuses to enter a deal with Russia's government that would make its seizure of the assets look legitimate, the brewer's new CEO said on Tuesday. The Danish group had since last year attempted to sell its Baltika subsidiary in Russia, following in the footsteps of many other Western companies exiting Russia since its invasion of Ukraine. "There is no way around the fact that they have stolen our business in Russia, and we are not going to help them make that look legitimate," said Jacob Aarup-Andersen, who took over as CEO in September. Carlsberg had eight breweries and about 8,400 employees in Russia, and took a 9.9 billion Danish crown ($1.41 billion) write-down on Baltika last year. Earlier this month, Carlsberg retaliated by ending license agreements for its brands in Russia that have enabled Baltika to produce, market and sell all Carlsberg products in the country.

Persons: Alexander Demianchuk, Vladimir Putin, Jacob Aarup, Andersen, Aarup, We're, they're, Jacob Gronholt, Pedersen, Jan Harvey Organizations: REUTERS, Rights, Carlsberg, Thomson Locations: St . Petersburg, Rights COPENHAGEN, Danish, Russia, Ukraine, Russian

☆ ‍Orsted records $4 bln in impairments, ceases development of some US offshore wind projects
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +2 min

A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. The world's largest offshore wind farm developer has made a final investment decision on Revolution Wind, Orsted said in a statement, adding that it is expected to be completed by 2025. Development of the wind projects had been adversely affected by supply chain issues, increased interest rates and a lack of an OREC (offshore renewable energy certificate) adjustment on it's Sunrise Wind project, the company said. "Significant adverse developments from supply chain challenges, leading to delays in the project schedule, and rising interest rates have led us to this decision," Orsted chief executive officer Mads Nipper said. In August, Orsted said it may see U.S. impariments of $2.3 billion due to supply chain problems, soaring interest rates and a lack of new tax credits.

Persons: Tom Little, Orsted, Mads Nipper, Joe Biden, Gursimran Kaur, Christian Schmollinger, Michael Perry Organizations: REUTERS, U.S, Thomson Locations: Nysted, Denmark, Bengaluru

☆ Nordic Countries to Cooperate More on Returning Migrants to Countries of Origin
▼ + stars: | 2023-10-31 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +2 min

By Johannes BirkebaekCOPENHAGEN (Reuters) - The Nordic governments intend to step up their cooperation to return immigrants without legal residence in the region to their countries of origin, ministers from the five countries said in a joint press conference in Copenhagen on Tuesday. However, the Danish model has become more popular as anti-immigration voices have gained traction across the Nordic region. The ministers of Sweden, Finland, Denmark, Norway and Iceland have agreed to strengthen cooperation between diplomatic personnel in charge of returning migrants from the respective Nordic countries to their country of origin. The five countries also have agreed to arrange joint flights to take illegal residents to a third country through the European Border and Coast Guard Agency, Frontex. Lastly, the ministers agreed to "assist stranded irregular migrants in North Africa," who they say will be offered assisted voluntary return to their home countries and assistance in re-establishing themselves in the third country.

Persons: Johannes Birkebaek COPENHAGEN, Ulf Kristersson, Maria Malmer Stenergard, Mari Rantanen, Johannes Birkebaek, Louise Rasmussen, David Gregorio Organizations: Nordic, United Nations, of, European Border, Coast Guard Agency, Frontex, Agency, International Organisation for Migration Locations: Copenhagen, Denmark, Danish, Nordic, Swedish, Finland, Finnish, Sweden, Norway, Iceland, North Africa, Europe, Africa

Orsted, the world's largest offshore wind developer, said it would stop developing its 2,248-megawatt (MW) Ocean Wind 1 and 2 projects in New Jersey. The offshore wind industry has found itself in a perfect storm of rising inflation, interest rate hikes and supply chain delays. Norway's Equinor (EQNR.OL), BP's partner on those New York offshore wind developments, booked a $300 million impairment on the projects on Friday. Orsted, which in June announced plans to invest 475 billion crowns by 2030, said it was in the process of reviewing its investments and could introduce cost-saving initiatives. Orsted's share price has tumbled 52% since an August profit warning, cutting its market value to 112 billion crowns from 235 billion.

Persons: Joe Biden, Norway's, Mads Nipper, Nipper, Bernstein, Deepa Venkateswaran, Jacob Gronholt, Pedersen, Louise Rasmussen, Gursimran Kaur, Terje Solsvik, Michael Perry, Mark Potter Organizations: Wednesday, U.S, BP, Thomson Locations: U.S, New Jersey, New York, Danish, Copenhagen, Bengaluru

A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. Orsted, the world's largest offshore wind developer, said in August it may see impairments of 16 billion Danish crowns ($2.3 billion) on its U.S. offshore developments due to supply chain problems, soaring interest rates and a lack of new tax credits. Norway's Equinor (EQNR.OL), BP's partner on those New York offshore wind developments, booked a $300 million impairment on the projects on Friday. In Massachusetts, two offshore wind developers, SouthCoast Wind and Commonwealth Wind, agreed to pay local utilities to terminate deals that would have delivered around 2,400 MW of energy. Avangrid also canceled a contract to sell power in Connecticut from its proposed 804-MW Park City offshore wind farm.

Persons: Tom Little, Denmark's, Joe Biden, Orsted, Jacob Pedersen, Portugal, France's, Avangrid, Scott DiSavino, Louise Breusch Rasmussen, Ron Bousso, Jonathan Oatis, Josie Kao Organizations: REUTERS, BP, U.S, Analysts, Reuters, Commonwealth, Shell, Energias, Thomson Locations: Nysted, Denmark, U.S, Danish, New York, Massachusetts, Connecticut, Rhode Island and Massachusetts, In Massachusetts, Commonwealth, Spanish, Copenhagen, London, Bengaluru

☆ Safiullin stuns Alcaraz at Paris Masters
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +2 min

[1/5] Tennis - ATP Masters 1000 - Paris Masters - AccorHotels Arena, Paris, France - October 31, 2023 Russia's Roman Safiullin in action during his round of 32 match against Spain's Carlos Alcaraz REUTERS/Stephanie Lecocq Acquire Licensing RightsOct 31 (Reuters) - World number two Carlos Alcaraz crashed to a 6-3 6-4 loss to Russia's Roman Safiullin in the second round at the Paris Masters on Tuesday. The 20-year-old Spaniard seemed to recover as he again broke the feisty 45th-ranked Saffiullin's serve early in the second set to take a 3-1 advantage. Ninth seed Taylor Fritz's hopes of an ATP Finals berth diminished as the American withdrew before his second round match against Daniel Altmaier with an abdominal injury. The world number 10 will be out of the season-ending tournament should Denmark's sixth seed Holger Rune beat Dominic Thiem in his second round match. Reporting by Janina Nuno Rios in Mexico City; Editing by Toby DavisOur Standards: The Thomson Reuters Trust Principles.

Persons: Spain's Carlos Alcaraz, Stephanie Lecocq, Carlos Alcaraz, Saffiullin's, Novak Djokovic, Argentina's Tomas Etcheverry, Taylor Fritz's, Daniel Altmaier, Holger Rune, Dominic Thiem, Alexander Zverev, Hungary's, Hungary's Marton Fucsovics, Poland's Hubert Hurkacz, American Sebastian Korda, Argentine Francisco Cerundolo, Monfils, Karen Khachanov, Russian Andrey Rublev, Janina Nuno Rios, Toby Davis Organizations: Paris, Wimbledon, Swiss, Serbian, ATP, American, Hungary's Marton, Argentine, Thomson Locations: Paris, France, Russian, Turin, Mexico City

☆ The Strange Omission of Slavery from a Charleston Ghost Tour - The New York Times
▼ + stars: | 2023-10-30 | by ( Colin Dickey | ) www.nytimes.com time to read: +3 min

(The church discourages these stories; a plaque on the grounds reads: “The only ghost at St. Philip’s is the Holy Ghost.”)Leaving race out of any history is a striking blind spot — even in a ghost tour. Born into slavery, Vesey had purchased his freedom in 1799 after winning a lottery, and became a prosperous carpenter. Some websites will tell you to look for Vesey’s ghost at the Old Charleston Jail, a structure that’s stood since 1802. Long after my own tour, I tracked down two longtime ghost tour guides, Joy Watson and Randy Johnson, who regularly take visitors up to the old jail. They told me that they had never heard of any Vesey ghost sightings there.

Persons: Stede Bonnet, Harriet Mackie, Sue Howard, Philip’s, Denmark Vesey, Vesey, Emanuel ”, Long, Joy Watson, Randy Johnson Organizations: Old, Philip’s, African Methodist Episcopal Church Locations: Holy, St, Charleston, Denmark, Haiti

☆ Danske Bank profits beat forecasts on interest income boost
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +2 min

COPENHAGEN, Oct 27 (Reuters) - Danske Bank (DANSKE.CO) on Friday reported a bigger than expected third-quarter profit, boosted primarily by high interest income, and narrowed its full-year earnings guidance, sending its shares up more than 6%. Danske Bank's results mirror those of rival Nordic banks SEB (SEBa.ST) and Swedbank (SWEDa.ST), which also beat analysts expectations when they published third-quarter results earlier this week. Danske, Denmark's biggest bank, narrowed its 2023 guidance for full-year net profit to a range of 19.5 billion-20.5 billion crowns, from 18.5 billion-20.5 billion previously. Danske's net interest income was up at 9.32 billion crowns from a year earlier 6.29 billion, and just above the 9.09 billion forecast by an LSEG poll of analysts. The bank said it expects net interest income to grow further based on the announced central bank rate hikes.

Persons: Danske, Louise Breusch Rasmussen, Terje Solsvik, Jane Merriman Organizations: Danske Bank, Thomson Locations: COPENHAGEN, Denmark's

☆ ATP roundup: Top seed Holger Rune squeaks into Basel semis
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +1 min

1 seed Holger Rune of Denmark got past Argentina's Tomas Martin Etcheverry 6-1, 3-6, 7-6 (6) Friday to reach the semifinals of the Swiss Indoors Basel. But on the 13th point, Rune hit a dead netcord for a flukey, if fortunate, point. Hurkacz rallied past Dutch opponent Tallon Griekspoor 6-7 (6), 6-4, 6-4, while Humbert beat Swiss wild card Dominic Stricker 6-4, 2-6, 6-2. 1 seed Daniil Medvedev of Russia needing three sets to beat countryman and eighth seed Karen Khachanov 6-3, 3-6, 6-3 in the quarters. 2 seed Jannik Sinner of Italy won 32 of 38 first-service points (84.2 percent) to beat seventh-seeded American Frances Tiafoe 6-3, 6-4.

Persons: Holger Rune, Denmark, Argentina's Tomas Martin Etcheverry, Rune, Felix Auger, Alexander Shevchenko, Hubert Hurkacz, Ugo Humbert of France, Hurkacz, Tallon Griekspoor, Humbert, Dominic Stricker, Daniil Medvedev, Karen Khachanov, Medvedev, Stefanos Tsitsipas, Croatia's, Italy, Frances Tiafoe, Andrey Rublev, Alexander Zverev Organizations: Swiss Indoors Basel, Russian, Swiss, Erste Bank, Thomson Locations: Canadian, Poland, Vienna

A 0.25 mg injection pen of Novo Nordisk's weight-loss drug Wegovy is shown in this photo illustration in Oslo, Norway, September 1, 2023. "Supply of Wegovy is the most important thing for specialist healthcare investors covering Novo right now," said Barclays analyst Emily Field. Some analysts said a firm date would ease concerns that Novo's supply constraints could allow rival Eli Lilly (LLY.N) to get ahead, when it launches its Mounjaro weight-loss drug. Eli Lilly, the world's most valuable drug company ahead of Novo, has said it expects U.S. approval for the drug, currently licensed for diabetes, to be used for weight loss by the end of the year. Novo is spending billions to increase Wegovy output and hiring more contract manufacturers to fill the pens.

Persons: Victoria Klesty, Wegovy, Novo, Emily Field, Eli Lilly, Markus Manns, Manns, Catalent, Jefferies, Jacob Gronholt, Pedersen, Maggie Fick, Josephine Mason, Jane Merriman Organizations: REUTERS, Novo Nordisk, Wegovy, Barclays, U.S . Food, Drug Administration, Union Investment, Thomson Locations: Oslo, Norway, Victoria, COPENHAGEN, United States, Danish, Germany, Novo, U.S, Brussels, London

[1/3] A scientist drives his snowmobile across an icefield of the arctic near Ny-Alesund, Svalbard, Norway, April 10, 2023. Secretary of State Antony Blinken announced the opening of the station, in Tromsoe, northern Norway, in June, as a means for the US to have a "diplomatic footprint above the Arctic Circle", he said. Tromsoe is the largest city in Arctic Norway, located about 400km (250 miles) to the west of Russia. Tromsoe is also the seat of the Arctic Council, a polar body comprising the eight Arctic states of Russia, the US, Canada, Finland, Norway, Iceland, Sweden and Denmark. Cooperation within the Arctic Council between Moscow and the Western Arctic states was put on hold after Russia's invasion of Ukraine in February 2022.

Persons: Lisi Niesner, Antony Blinken, Andreas Oesthagen, Washington, Tromsoe, Gwladys Fouche, Terje Solsvik, Deborah Kyvrikosaios Organizations: REUTERS, Rights, Fridtjof Nansen Institute, Reuters, Arctic Council, Cooperation, Thomson Locations: Ny, Alesund, Svalbard, Norway, Rights OSLO, United States, Washington, Ukraine, Tromsoe, Oslo, Arctic Norway, Russia, Canada, Finland, Iceland, Sweden, Denmark, Moscow

☆ ATP roundup: Andrey Rublev wins in Vienna, lands Finals spot
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +2 min

Rublev had 21 winners against six unforced errors while reaching the Finals for the fourth straight year. Arnaldi had 19 winners and 11 unforced errors. Croatian wild card Borna Gojo had 22 winners and five unforced errors while upsetting sixth-seeded Tommy Paul 6-3, 6-4. Shevchenko, from Russia, had 40 winners and just eight unforced errors while outlasting third-seeded Taylor Fritz 6-7 (7), 7-6 (6), 7-6 (5). Griekspoor of the Netherlands need just 84 minutes to complete a 6-4, 6-3 win over Australia's Alex de Minaur, the No.

Persons: Andrey Rublev, Russia's Daniil Medvedev, Brendan Mcdermid, Italy's Matteo Arnaldi, Rublev, Arnaldi, Daniil Medvedev, Medvedev, Bulgaria's Grigor Dimitrov, Sinner, Lorenzo Sonego, Gojo, Tommy Paul, Tsitsipas, Tomas Machac, Frances Tiafoe, France's Gael Monfils, Basel Dominic Stricker, Alexander Shevchenko, Tallon Griekspoor, Ugo Humbert, Casper Ruud of Norway, Taylor Fritz, Alex de Minaur, France's Humbert, Nicolas Jarry of, Holger Rune, Argentina's Sebastian Baez, Felix Auger, Botic van de Zandschulp Organizations: Russia's, Russia's Daniil Medvedev REUTERS, Erste Bank, France's Gael, Swiss, Basel, Shevchenko, Denmark, Thomson Locations: Flushing Meadows , New York, United States, Vienna, Croatian, Czech Republic, Switzerland, Stricker, Russia, Netherlands, Nicolas Jarry of Chile, Canada

☆ Achieving the 'American dream?' A lot of it depends on where you grow up
▼ + stars: | 2023-10-27 | by ( Hakyung Kim | ) www.cnbc.com time to read: +7 min

We are thought to be the country of the American dream, [where] once you start from the bottom, you move to the top. Measures of mobilityThere are two measures of mobility: relative and absolute. "We have less [relative] mobility in this country than we do in other developed nations, especially in Europe and developing European countries. "We are thought to be the country of the American dream, [where] once you start from the bottom, you move to the top. The U.S. only ranks behind England for having the world's highest university tuition fees, according to data from the OECD.

Persons: Friedman, John Friedman, that's, It's, haven't, Kreg Steven Brown, Brown, Juan Palomino, there's, Susan Thompson Buffett Organizations: Opportunity, Brown University, Harvard University, . Census Bureau, World Bank, U.S, Washington Center for Equitable, Universidad Complutense de Madrid, England, OECD, Susan Thompson Buffett Foundation, Biden Locations: Dallas, Texas, U.S, Europe, Denmark, China, South Africa, Morocco, American, Germany, Canada, Japan, France, Scandinavian, Nebraska

☆ Italian mother wins court case to evict two sons in their 40s
▼ + stars: | 2023-10-27 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +2 min

At least for a 75-year-old woman in the northern Italian city of Pavia who won a court order after suing to have her sons, aged 40 and 42, removed from her house, a court clerk in Pavia told CNN Friday. Both men are employed, the court documents state. On average, Italians leave their parental home at the average age of 30, according to Eurostat 2022 data. Croatia is the highest in the European Union, with an average age of 33.4 years. By contrast, offspring in Finland, Sweden and Denmark start life on their own at the average age of 21, according to the same data.

Persons: ”, Simona Caterbi, Caterbi Organizations: CNN, La Provincia Pavese, Italy’s, European Union Locations: Italian, Pavia, Croatia, Finland, Sweden, Denmark

[1/4] A view of the turbines at an offshore wind farm near Nysted, Denmark, September 4, 2023. Time is short: The EU has a legally binding goal to nearly double renewable sources as a share of total energy by 2030, to 42.5%, requiring a rapid expansion of offshore wind. But of the governments surveyed, only Britain and Poland said they had invested or budgeted for steps to improve the security of offshore infrastructure. It requires a lot of effort from the government side," said Mattia Cecchinato, senior adviser for offshore wind at WindEurope. It said it would establish a permanent coast guard base close to where offshore wind farms are planned.

Persons: Tom Little, Thomas Almegaard, Vladimir Putin, Mads Nipper, Orsted, Ewa Skoog Haslum, James Appathurai, Germany's RWE, Anitta, Mattia Cecchinato, Rasmus, Krzysztof Jaworski, Orsted's Errboe, Benjamin Mallet, Riham, Elizabeth Piper, Toby Sterling, Andrius Sytas, Marek Strzelecki, Sara Ledwith Organizations: REUTERS, Reuters, Baltic Seas, EU, NATO, NewNew, Sweden's, Soaring, Emerging, Research, Solutions, Internal, Fund, Military, Naval Operations Centre, Polish Navy, Thomson Locations: Nysted, Denmark, Europe, Baltic, Nord, Finland, Sweden, Estonia, Russian, Russia, NewNew Shipping, Netherlands, Britain, Poland, Germany, North, Swedish, Copenhagen, Moscow, Sofia, European, Anitta Hipper, Belgium, Norway, France, Lithuania, Latvia, Baltic . Poland, Paris, Berlin, London, Amsterdam, Vilnius, Warsaw

☆ U.S. Opens Its Northernmost Diplomatic Station, in Arctic Norway
▼ + stars: | 2023-10-26 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

Secretary of State Antony Blinken announced the opening of the station, in Tromsoe, northern Norway, in June, as a means for the US to have a "diplomatic footprint above the Arctic Circle", he said. Tromsoe is the largest city in Arctic Norway, located about 400km (250 miles) to the west of Russia. Norway and Russia share a border in the Arctic. Tromsoe is also the seat of the Arctic Council, a polar body comprising the eight Arctic states of Russia, the US, Canada, Finland, Norway, Iceland, Sweden and Denmark. Cooperation within the Arctic Council between Moscow and the Western Arctic states was put on hold after Russia's invasion of Ukraine in February 2022.

Persons: Antony Blinken, Andreas Oesthagen, Washington, Tromsoe, Gwladys Fouche, Terje Solsvik, Deborah Kyvrikosaios Organizations: Fridtjof Nansen Institute, Reuters, Arctic Council, Cooperation Locations: Fouche OSLO, United States, Washington, Ukraine, Tromsoe, Norway, Oslo, Arctic Norway, Russia, Canada, Finland, Iceland, Sweden, Denmark, Moscow

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