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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

☆ Messi wins record eighth Ballon d'Or for best player in the world
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: 1 min

PARIS, Oct 30 (Reuters) - Argentina captain Lionel Messi won a record-extending eighth Ballon d'Or for the best player in the world on Monday, beating Norway's UEFA player of the year and treble winner Erling Haaland of Manchester City to the prestigious prize. Inter Miami's Messi, who last won the award in 2021, played a pivotal role in guiding Argentina to their first World Cup title in 36 years in Qatar last season. Reporting by Rohith Nair in Bengaluru; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Lionel Messi, Erling Haaland, Inter Miami's Messi, Rohith Nair, Ken Ferris Organizations: Norway's UEFA, Manchester City, Inter, Thomson Locations: Argentina, Manchester, Qatar, Bengaluru

Khan’s office has opened an investigation into potential war crimes by Israel in Gaza in the 2014 war. THE NUMBER OF CHILDREN KILLED IN THE CONFLICT SOARSThe number of children killed in the blockaded Gaza Strip since the start of the Hamas-Israel earlier this month has exceeded the number of children killed in armed conflict every year globally since 2019, international charity Save the Children said Sunday. It also mentioned the deaths of 33 children in the occupied West Bank and 29 children killed in Israel. The militant group Hezbollah, Hamas’ allies in Lebanon, has clashed with Israeli troops along the Lebanon-Israeli border since the Gaza war erupted on Oct. 7. PALESTINIAN RED CRESCENT SAYS ISRAEL ORDERS GAZA HOSPITAL TO EVACUATEJERUSALEM — A spokesperson for the Palestinian Red Crescent says Al-Quds Hospital in Gaza City received two calls from Israeli authorities Sunday morning demanding it evacuate.

Persons: Benjamin Netanyahu, “ ‘, ”, Israel, Karim Khan, Khan, “, Jason Lee, ” U.N, António Guterres, Guterres, Hamas ’, ” Guterres, Rishi Sunak’s, Emmanuel Macron, Macron, VATICAN CITY — Pope Francis, “ Let’s, ” Francis, Ibrahim Faltas, Jonas Gahr Støre, U.N, Israel’s, ” Tedros Adhanom, Tarik Jasarevic, Nebal Farsakh, ” Thomas White, ” Mahmoud, Abdallah Sayed Organizations: Saturday, Health Ministry, Hamas, West Bank, ICC, Criminal, Gaza, Gaza Health Ministry, Country, MINISTER, LONDON, UN, UNIFIL, VATICAN CITY, ISRAEL HELSINKI — Norway’s, NRK, “, United Nations, MINISTRY, FIRE, WHO, World Health Organization, JERUSALEM, Palestinian, Pentagon, UNITED NATIONS, . Security Council, United Arab Emirates Locations: Gaza, Israel, EGYPT, GAZA, Rafah, Egypt, Cairo, Kathmandu, ISRAEL, ”, LEBANON BEIRUT, Lebanon, Houla, Naqoura, Ukraine, Palestine, St, NORWAY'S, Norwegian, Norway, “, UN, FIRE KATHMANDU, Nepal, GAZA CAIRO, PALESTINIAN, Al, Quds, Gaza City, SYRIA DAMASCUS, Syria, Iranian, Iraq, U.S, Assad, GAZA'S, CAIRO, Gaza’s

SOELDEN, Austria (AP) — Norway's Ragnhild Mowinckel left the finish area of the season-opening women's World Cup race in tears Saturday after becoming the first skier to be disqualified for a forbidden type of wax on her skis. A rule in effect this season forbids the use of fluorinated wax in the pre-race preparation of skis. FIS banned the substance from its competitions after years of debate about the potential harm fluorinated wax can cause to health and the environment. We are not trying to cheat, because that is the worst thing for me,” Mowinckel told Norwegian broadcaster TV 2. Peter Gerdol, the women's race director of the International Ski and Snowboard Federation, said all skis were tested for the banned substance after both runs.

Persons: —, Ragnhild Mowinckel, Lara Gut, Mikaela Shiffrin, ” Mowinckel, Peter Gerdol, ” Gerdol, Rainer Salzgeber, Eric Willemsen Organizations: FIS, Federation, Twitter Locations: SOELDEN, Austria, Switzerland, Norwegian

☆ Worried about a slowdown? One asset management firm shares a way to hedge — and names 10 global stocks
▼ + stars: | 2023-10-27 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +2 min

They define that form of value as "combined yield, a blend of dividend yield, free cashflow yield and net buyback yield." "Combined yield has been the best performing of the long-short European factors that we track, year-to-date," the analysts said. Stock screen AllianceBernstein performed a screen of "High Combined Yield Stocks" in Europe for the final quarter of the year. Equinor is listed on both the Oslo Stock Exchange and Nasdaq, while BP is traded on the London Stock Exchange and Frankfurt Stock Exchange. BP is also traded on the New York Stock Exchange in the form of American depositary shares.

Persons: it's, AllianceBernstein, France's, Norway's, — CNBC's Michael Bloom Organizations: Tesco, BP, Oslo Stock Exchange, Nasdaq, London Stock Exchange, Frankfurt Stock Exchange, New York Stock Exchange, Systems, Deutsche Post Locations: Europe, Belgian, British, Swiss

☆ Big central banks hit pause, with rate cuts far off
▼ + stars: | 2023-10-26 | by ( ) www.reuters.com time to read: +5 min

On Oct. 23, Fed Chair Jay Powell said a strong economy and tight jobs market could warrant more rate rises. Interest rate futures show traders believe the BoE will not cut rates, now at their highest since 2008, until at least June 2024. "The Governing Council’s past interest rate increases continue to be transmitted forcefully into financing conditions," the ECB said, adding it would follow a "data-dependent" approach and future decisions would be based on incoming data. Prime Minister Jonas Gahr Stoere told parliament last week interest rates may have peaked. Reuters Graphics Reuters Graphics8) AUSTRALIAThe Reserve Bank of Australia held rates steady at 4.1% for a fourth meeting in October.

Persons: Jonathan Ernst, Jay Powell, BoE, Jonas Gahr Stoere, Michele Bullock, Naomi Rovnick, Harry Robertson, Alun John, Yoruk Bahceli, Samuel Indyk, Chiara Elisei, Kripa Jayaram, Pasit, Riddhima, Sumanta Sen, Vineet, Amanda Cooper, Giles Elgood Organizations: . Federal, REUTERS, European Central Bank, Federal Reserve, Bank of England, UNITED, Reuters, Reserve Bank of New Zealand, BRITAIN, Bank of Canada, BoC, ECB, Norges Bank, Reuters Graphics Reuters, Reserve Bank of Australia, Bank of Japan, Thomson Locations: Washington, Japan, hawkish, dovish, NORWAY, SWEDEN Sweden, SWITZERLAND, Swiss, Gaza, JAPAN

☆ Brazilian Oil Industry Gets Support From New Congressional Caucus
▼ + stars: | 2023-10-26 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +3 min

By Anthony BoadleBRASILIA (Reuters) - Brazilian lawmakers have set up a congressional caucus to represent Brazil's oil and gas industry, led by state-run producer Petrobras, and to back the company's plans to explore offshore fields near the mouth of the Amazon River. Petrobras has planned to explore in the so-called Northern Brazilian Equatorial Margin, following major discoveries in neighboring Guyana and Suriname. We have to explore for oil at the mouth of the Amazon," Pazuello said. The Parliamentary Front in Support of Oil, Gas and Energy, as the caucus is called, was launched on Tuesday with 217 members, or 42% of the lower chamber of Congress. He said the launch of the caucus received unprecedented support in Congress and was a non-partisan effort.

Persons: Anthony Boadle BRASILIA, Eduardo Pazuello, Luiz Inacio Lula da Silva's, Pazuello, Equinor, Washington Quaquá, Jair Bolsonaro, Anthony Boadle, Rod Nickel Organizations: Reuters, Petrobras, Wednesday, Mines and Energy Ministry, Gas, Energy, Lula's Workers Party Locations: Para, Guyana, Venezuela, Suriname, Brazil, Rio de Janeiro

Magnus Mæland, the municipality mayor, then angrily removed the Russian wreath — only to have a woman, described by Norwegian public broadcaster NRK as being Russian, put it back. In 2019, on the 75th anniversary, Russia’s Foreign Minister Sergei Lavrov laid wreaths at the monument and stood side-by-side with Norway’s foreign minister. On Saturday, Konygin gave a speech at the war memorial in the same Norwegian border town. Visiting locals from the Russian border town of Nikel faced the diplomat while residents from Kirkenes silently turned their back to him, according to the online outlet the Barents Observer. Locals had already placed a wreath at the monument before Konygin arrived, with the text “to our Ukrainian heroes from 1944 and 2022," according to the Barents Observer.

Persons: Magnus Mæland, ” Mæland, Marit Bjerkeng, Harald Sunde, Sergei Lavrov, Nikolai Konygin, Konygin Organizations: NRK, Russia’s, Observer, Locals, Barents Observer, Soviet Union Locations: COPENHAGEN, Denmark, Russian, Kirkenes, Norway, Soviet, Norwegian, Russia, Ukraine, Nazi Germany, Nikel

☆ World’s largest sovereign wealth fund loses $34 billion as all asset classes fall in third quarter
▼ + stars: | 2023-10-24 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

Norway's $1.4 trillion sovereign wealth fund, the world's largest, on Tuesday reported losses of 2.1% in the third quarter, as all asset classes fell in value. The fund last reported a quarterly loss one year ago. "The stock market saw a weaker quarter compared to the two previous quarters," Trond Grande, deputy chief executive of Norges Bank Investment Management, said in a statement. Norway's gigantic sovereign wealth fund was established in the 1990s to invest the surplus revenues of the country's oil and gas sector. The fund reported a quarterly loss of 3.3% on its investments in unlisted real estate, while the third-quarter loss on its renewable energy infrastructure investments came in at 2.4%.

Persons: Trond Grande Organizations: Fund Global, Norges Bank Investment Management

☆ Norway's wealth fund posts $34 bln loss in Q3
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +1 min

A general view of the Norwegian central bank in Oslo, Norway March 6, 2018. The fund's return on investment was minus 2.1% for the July-September period, which was 0.17 percentage points stronger than the return on the fund's benchmark index. The fund invests the Norwegian state's revenues from oil and gas production in equities, bonds, property and renewable projects abroad. The fund had 70.6% of its value invested in equities by end-September, compared to 71.3% three months earlier. ($1 = 11.0656 Norwegian crowns)Reporting by Gwladys Fouche, editing by Terje SolsvikOur Standards: The Thomson Reuters Trust Principles.

Persons: Gwladys, Trond Grande, Gwladys Fouche, Terje Solsvik Organizations: REUTERS, Rights, Thomson Locations: Norwegian, Oslo, Norway, Rights OSLO

☆ American Brooksby suspended for 18 months on whereabouts failures
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +1 min

Brooksby previously told the AP that he had never failed a drug test or taken "bad substances". The ITIA said that Brooksby accepted the first and third missed tests but disputed the second one. Brooksby has 21 days to appeal against the decision to the Court of Arbitration for Sport (CAS). "The whereabouts programme is a vital tool in maintaining a clean sport," ITIA CEO Karen Moorhouse said in a statement. Reporting by Amy Tennery in New York; editing by Clare FallonOur Standards: The Thomson Reuters Trust Principles.

Persons: Jenson Brooksby, Norway's Casper Ruud, Carl Recine, Brooksby, Karen Moorhouse, Amy Tennery, Clare Fallon Organizations: Melbourne, Tennis Integrity Agency, AP, Sport, Thomson Locations: Melbourne, Australia, New York

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. REUTERS/Victoria Klesty/Illustration/File Photo Acquire Licensing RightsLONDON/NEW YORK, Oct 23 (Reuters) - The growth in demand for appetite suppressing anti-obesity drugs like Novo Nordisk's (NOVOb.CO) Wegovy presents opportunities for food manufacturers and the market's initially downbeat reaction may be overdone, investors say. Still, the stock market impact left some food manufacturers "trembling," said John Plassard, senior investment specialist at Nestle investor Mirabaud Group. The uptake in appetite suppressing drugs seems to be a U.S.-led dynamic, said My Nguyen, research analyst at Legal & General Investment Management America. "Elsewhere, trends such as wealthier, more mobile middle classes in emerging countries can support shifts towards snacking and convenience foods."

Persons: Victoria Klesty, Richard Saldanha, Wegovy, Kiran Aziz, Mark Schneider, John Plassard, Brian Frank, Frank, Nguyen, Richa Naidu, Matt Scuffham, Kirsten Donovan Organizations: REUTERS, Walmart, Nestle, Aviva, Novo Nordisk, EY, Industry, Health Sciences, Wellness, Mirabaud, Tyson Foods, Arcos Dorados, Legal, General Investment Management America, Germany's, Investments, Unilever, Coca Cola, Thomson Locations: Oslo, Norway, Victoria, United States, Denmark, Germany, Arda, Ural, U.S

☆ Photos show the recently discovered wreck of a World War II-era submarine more than 80 years after a German sub sank it
▼ + stars: | 2023-10-20 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Researchers discovered the wreck of a World War II-era submarine off the coast of Norway this year. The HMS Thistle was a British sub that sank after being hit by a German vessel in 1940. AdvertisementAdvertisementA crew of Norwegian maritime researchers said they stumbled upon the long-lost wreck of a World War II-era British submarine that was torpedoed by a German submarine in 1940 just seven months after the war began. The HMS Thistle was torpedoed by a German submarine in April 1940. The HMS Thistle wreck is more than 500 feet below the ocean's surface.

Persons: —, Kjell Bakkeplass, Oxley, Bakkeplass Organizations: HMS Thistle, Service, Norway's Institute, Marine Research, Institute of Marine Research, HMS, British Royal Navy, Institute for Marine Research, Norwegian, Thistle, Royal Navy Locations: Norway, British, Norwegian, German, Rogaland

☆ Norwegian monetary policy is 'starting to have an effect,' says DNB CFO
▼ + stars: | 2023-10-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNorwegian monetary policy is 'starting to have an effect,' says DNB CFOIda Lerner, CFO of DNB, Norway's largest financial services group, discusses earnings and the Norwegian economy.

Persons: Ida Lerner Locations: Norwegian

The NewNew Polar Bear is a container ship travelling between Europe and China via the Northern Sea Route in the Arctic. On Monday, it left the Baltic Sea and entered the North Sea to head north along the Norwegian coast. The KV Sortland followed the NewNew Polar Bear at a distance of 1 nautical mile, or about 1.8 km, for about 15 hours. NewNew Shipping, the owner and operator of the NewNew Polar Bear, declined to comment when contacted by Reuters. Oslo is closely monitoring the progress of the probe in the Baltic Sea incident.

Persons: Christian, Nerijus Adomaitis, Anne Kauranen, Gwladys Fouche, Bill Berkrot Organizations: REUTERS, Rights, Norwegian Navy, KV, KV Sortland, NewNew Shipping, Reuters, Navy, Andrius, Thomson Locations: Nord, Mukran, Ruegen, Rights OSLO, HELSINKI, Norwegian, Gulf of Finland, Norway, Russian, Baltic, Europe, China, Bergen , Marine, NewNew, Oslo, Helsinki, Andrius Sytas, Vilnius, Beijing

”It was a very strong moment for us — emotionally charged,” activist Ella Marie Hætta Isaksen told the VG newspaper after the meeting with King Harald and Crown Prince Haakon at the royal palace in Oslo. The activists say a transition to green energy shouldn’t come at the expense of the rights of Indigenous people. They have protested several times since the Supreme Court of Norway ruled in October 2021 that the construction of the turbines had violated the rights of the Sami, who have used the land for reindeer for centuries. They had asked for the meeting with the Norway's monarch, who has a ceremonial role as the country's head of state. The palace confirmed the meeting took place and “they presented their view" to the monarch and his son.

Persons: Ella Marie Hætta Isaksen, King Harald, Crown Prince Haakon, ”, Elle Nystad, Sami, Jonas Gahr Støre Organizations: VG, Ministry of Petroleum, Energy Locations: COPENHAGEN, Denmark, Norway, Norwegian, Oslo, “, Norway’s Fosen, Fosen

STOCKHOLM/AMSTERDAM, Oct 12 (Reuters) - Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with carriers including Dutch KLM cancelling flights while sister airline Air France mounted a special relief flight chartered by the French foreign ministry. Israel's parliamentary finance committee meanwhile approved a plan to provide a state guarantee of $6 billion to cover insurance against war risks to Israeli airlines. The framework will grant Israeli airlines cover against war risks, thereby ensuring the continuity of air operations. Foreign airlines have struggled to find a common approach and the head of European budget giant Ryanair (RYA.I) said it was up to governments to plot the way forward. PATCHY RESPONSEGermany's Lufthansa (LHAG.DE) said it was sticking to its plans for evacuation flights on Thursday and Friday, while continuing to ground commercial flights to Israel.

Persons: Ben Gurion, Ben Smith, Ed Bastian, Sasha Gainullin, Rafael Schvartzman, Obama, Anna Ringstrom, Bart H, Meijer, Tim Hepher, Joanna Plucinska, Julia Payne, Carolyn Cohn, Steven Scheer, Rajesh Kumar Singh, Doyinsola, Terje Solsvik, Deborah Kyvrikosaios, Diane Craft Organizations: Airlines, Dutch KLM, Air France, Palestinian, Israel's, Norwegian Air, Insurance, Reuters, Foreign, Ryanair, KLM, Boeing, Lufthansa, Dubai's Emirates, Delta Air Lines, International Air Transport Association, Regulators, U.S . Federal Aviation Administration, Thomson Locations: STOCKHOLM, AMSTERDAM, Israel, Palestinian, Tel Aviv's, Ben, Gaza, Tel Aviv, Eilat, Emirates, United States, Europe, U.S, Ben Gurion

A Norwegian Air plane is refuelled at Oslo Gardermoen airport, Norway November 7, 2019. Norwegian Air (NAS.OL) said it had cancelled a planned evacuation flight from Tel Aviv to Oslo due to a lack of insurance cover. The Dutch foreign ministry said it would send a military plane to Israel on Thursday instead. Norwegian Air had been due to fly Norwegian and other Nordic citizens stranded in Israel out of the country on Thursday evening. Germany's Lufthansa (LHAG.DE) was sticking to its plans for evacuation flights on Thursday and Friday.

Persons: Lefteris, Anna Ringstrom, Bart H, Meijer, Tim Hepher, Terje Solsvik, Deborah Kyvrikosaios Organizations: REUTERS, Rights, Airlines, Norwegian Air, Dutch KLM, Air, Norwegian, KLM, Air France, Nordic, Hamas, Lufthansa, Thomson Locations: Norwegian, Oslo Gardermoen, Norway, Rights STOCKHOLM, AMSTERDAM, Israel, Air France, Tel Aviv, Oslo, Paris

☆ Birkenstock IPO gets predictable shoeing
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +2 min

A sign is illuminated at the entrance to a Birkenstock shoe store in London, Britain, October 11, 2023. REUTERS/Toby Melville Acquire Licensing RightsNEW YORK, Oct 11 (Reuters Breakingviews) - Birkenstock’s (BIRK.N) IPO is a flop. The Birkenstock enterprise was gunning for a multiple of 19 times EBITDA, well above that of Europe's luxury conglomerates. And if the first-day stock woes stick, a suitor might soon walk all over Birkenstock. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Toby Melville, L, gunning, Oliver Reichert don’t, Bernard Arnault, Pamela Barbaglia, Jeffrey Goldfarb, Sharon Lam Organizations: REUTERS, Reuters, Tech, Compagnie Financiere, X, Qantas, Thomson Locations: London, Britain, United States, Europe, New York, Brussels

☆ Two killed by avalanches on Tibet’s Shishapangma as 50 were climbing
▼ + stars: | 2023-10-08 | by ( ) www.reuters.com time to read: +3 min

Shishapangma, at just over 8,000 metres (26,247 feet), is the world's 14th tallest peak. Two avalanches hit its slopes at elevations of 7,600 metres and 8,000 metres on Saturday, killing American climber Anna Gutu and Nepalese guide Mingmar Sherpa, Xinhua reported on Sunday. All climbing activity on Shishapangma was suspended because of the unstable snow conditions. Had one of the Pakistani climbers, Sirbaz Khan, reached the top of Shishapangma he would have become the first Pakistani to summit all 14 mountains over 8,000 metres. Among those who had previously died on Shishapangma was famed American climber Alex Lowe in 1999, also because of an avalanche.

Persons: Anna Gutu, Gina Marie Rzucidlo, Tenjen Sherpa, Norway's Kristin Harila, Sirbaz Khan, Shishapangma, Alex Lowe, David Bridges, Ryan Woo, Christian Schmollinger Organizations: Xinhua, Sherpa, Thomson Locations: BEIJING, American, Pakistan, United States, Britain, Romania, Albania, Italy, Japan, Xinhua, Nepal

サマリー企業 Fosse is one of the world's most performed playwrightsAuthor was among bookies' favourites to winFirst Norwegian to win literature prize since 1928STOCKHOLM, Oct 5 (Reuters) - Norwegian author and dramatist Jon Fosse won the 2023 Nobel Prize in Literature "for his innovative plays and prose which give voice to the unsayable," the award-giving body said on Thursday. The prize is awarded by the Swedish Academy and is worth 11 million Swedish crowns (about $1 million). Fosse is the fourth Norwegian to win the Nobel Prize for literature, but the first since 1928. Alongside the peace prize, literature has often drawn the most attention, and controversy, thrusting lesser known authors into the global spotlight as well as lifting book sales for well-established literary super stars. Over the years, the literature prize has also picked winners well beyond the novelist tradition, including playwrights, historians, philosophers and poets, even breaking new ground with the award to singer-songwriter Bob Dylan in 2016.

Persons: サマリー企業, bookies, Jon Fosse, Anders Olsson, " Olsson, Fosse, Claude Régy's, andre namnet, Academy's Olsson, Alfred Nobel, Bob Dylan, Simon Johnson, Niklas Pollard, Johan Ahlander, Terje Solsvik, Angus MacSwan 私 Organizations: Swedish Academy, Norwegian Salvation Army, NRK Locations: Norwegian, STOCKHOLM, Haugesund, Norway's, Paris, Denmark, Swedish, Stockholm, Oslo

☆ Novo Nordisk owner readies for big Wegovy windfall
▼ + stars: | 2023-10-03 | by ( Maggie Fick | ) www.reuters.com time to read: +4 min

COPENHAGEN, Oct 3 (Reuters) - The CEO of Novo Holdings said on Tuesday the controlling shareholder of Danish drugmaker Novo Nordisk (NOVOb.CO) is ready for a huge windfall from the runaway success of weight-loss drug Wegovy. Novo Holdings invests and manages the wealth and assets of the Novo Nordisk Foundation, whose newly bulging coffers could make it a major philanthropist and environmental, social and governance (ESG) investor. He was speaking to a group of journalists in Copenhagen, where the investment company, its owner Novo Nordisk Foundation, and the drugmaker Novo Nordisk are all headquartered. [1/4]Novo Holdings A/S CEO Kasim Kutay speaks at Novo Nordisk Foundation in Hellerup, Denmark, October 3, 2023. Novo Holdings' early-stage investments team now has $200 million to deploy each year, Soren Moller, who heads the seed division, told Reuters.

Persons: Kasim Kutay, Wegovy, Kutay, I've, Morgan Stanley, Ali Withers, Peter Lawaetz Andersen, Andersen, Soren Moller, Maggie Fick, Josephine Mason, Louise Heavens, Catherine Evans Organizations: Novo Holdings, Novo Nordisk, Novo Nordisk Foundation, The Foundation, Holdings, Moelis, REUTERS, Foundation, Norway's Coalition, Reuters, Thomson Locations: COPENHAGEN, Danish, Copenhagen, Novo, United States, Hellerup, Denmark, Shanghai, China, Singapore, Boston, San Francisco

☆ Europe roaring towards Ryder Cup win after fast start in singles
▼ + stars: | 2023-10-01 | by ( Martyn Herman | ) www.reuters.com time to read: +2 min

ROME, Oct 1 (Reuters) - Europe were galloping towards reclaiming the Ryder Cup as they turned the scoreboard blue with a burst of birdies in the early singles matches against the United States on Sunday. With the Marco Simone course again bathed in sunshine and thousands lining the fairways, Europe set about taking the four points they needed to seal the deal in ruthless fashion. Europe captain Luke Donald top-loaded his singles order with world number three Jon Rahm, number four Viktor Hovland and number two Rory McIlroy, who was involved in some unsavoury scenes the night before, in the opening four matches. Outplayed virtually from the start of the 44th edition of the Ryder Cup, Zach Johnson's U.S. team had given themselves some hope by winning Saturday's afternoon fourballs 3-1 to trail by five points heading into the 12 singles duels. After the early action on Sunday, however, avoiding their worst-ever defeat could be a more realistic target.

Persons: Marco Simone, Luke Donald, Jon Rahm, Viktor Hovland, Rory McIlroy, Zach Johnson's, Rahm, Scottie Scheffler, Scheffler, Norway's Hovland, Collin Morikawa, McIlroy, Sam Burns, Matt Fitzpatrick, Max Homa, Tyrrell Hatton, Brian Harman, Patrick Cantlay, Fitzpatrick, Justin Rose, Martyn Herman, Clare Fallon Organizations: Ryder, U.S, Thomson Locations: Europe, United States

☆ Fleetwood secures Ryder Cup for Europe after brave U.S. fightback
▼ + stars: | 2023-10-01 | by ( Martyn Herman | ) www.reuters.com time to read: +6 min

But I am so proud of my 12 guys," said Europe skipper Luke Donald, whose team seized control of the 44th Ryder Cup on Friday with a 4-0 sweep of the morning foursomes. The 32-year-old Fleetwood, who picked up three points from his four matches, had not expected to be centre of attention. Northern Ireland's McIlroy, playing his seventh Ryder Cup, beat dogged rookie Sam Burns 3&1. McIlroy, Europe's talisman, ended up with four points to take his career Ryder Cup tally to 18, and said it made up for the pain of Whistling Straits. But Fowler drove his tee shot into water at the par-four 16th and when Fleetwood found the green, Europe could breathe easy.

Persons: Ryder, Marco Simone Golf, Luke Donald, Phil Noble, Fleetwood, Hovland, McIlroy, Hatton, MacIntyre, Homer, Koepka, Thomas, Schauffele, Tommy Fleetwood, Marco Simone, Rickie Fowler, Zach Johnson, I'm, Donald, Jon Rahm, Viktor Hovland, Rory McIlroy, Collin Morikawa, Spain's, Rahm, Scottie Scheffler slugged, Scheffler, Brooks Koepka, Northern Ireland's McIlroy, Sam Burns, Patrick Cantlay's caddie, Justin Rose, Englishman Tyrrell Hatton, Brian Harman, Swede Ludvig Aberg, Max Homa, Matt Fitzpatrick, Xander Schauffele, Nicolai Hojgaard, Fowler, Martyn Herman, Clare Fallon, Ed Osmond Organizations: Country Club, Ryder, REUTERS, European Ryder, U.S, mojo, Briton, 44th Ryder, Northern, British, Thomson Locations: Rome, Italy, ROME, Europe, American, Whistling Straits, U.S, Bethpage

Here are some things to know about the Nobel Prizes:AN IDEA MORE POWERFUL THAN DYNAMITEPolitical Cartoons View All 1190 ImagesThe Nobel Prizes were created by Alfred Nobel, a 19th-century businessman and chemist from Sweden. Though Nobel purists stress that the economics prize is technically not a Nobel Prize, it’s always presented together with the others. The Nobel Prizes project an aura of being above the political fray, focused solely on the benefit of humanity. The Norwegian Nobel Committee is an independent body that insists its only mission is to carry out the will of Alfred Nobel. To date, 60 women have won Nobel Prizes, including 25 in the scientific categories.

Persons: Alfred Nobel, Dynamite, ”, it’s, Nobel, Barack Obama, Liu Xiaobo, Albert Einstein, Mother Teresa, Jean, Paul Sartre, Le Duc Tho, Henry Kissinger, Ales Bialiatski, that’s Organizations: STOCKHOLM, Karolinska Institute, Nobel Foundation, U.S, Royal Swedish Academy of Sciences Locations: Scandinavia, Stockholm, Oslo, Swedish, Sweden, NORWAY, Norway, Norwegian, Beijing, China, Ukraine, Russia, Europe, North America

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