Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "NORWAY'S"


25 mentions found


Norway wealth fund CEO Nicolai Tangen poses for a picture before a news conference held at the Norwegian central bank in Oslo, Norway January 31, 2023. The fund invests in 9,200 firms worldwide, for which it sets expectations on a range of issues, from children's rights to climate change. When talking to firms about responsible AI, the fund will concentrate particularly on the healthcare, finance and large tech sectors, because their use of the technology will have an especially strong impact on consumers. "They have to take responsibility for their development and use of AI," said Smith Ihenacho, adding the fund had already discussed AI with the large U.S. tech companies in its portfolio. In July, U.S. AI companies made voluntary commitments to the White House to implement measures such as watermarking AI-generated content to make the technology safer.
Persons: Nicolai Tangen, Will, Tangen, Carine Smith Ihenacho, Smith, Smith Ihenacho, Gwladys Fouche, Terje Solsvik, Jan Harvey Organizations: REUTERS, financials, Reuters, Companies, Microsoft, Nvidia, Tech, Thomson Locations: Norway, Norwegian, Oslo, Victoria, financials OSLO
Norway wealth fund posts $143 bln profit as AI surge lifts tech
  + stars: | 2023-08-15 | by ( ) www.reuters.com   time to read: +1 min
A general view of the Norwegian central bank, where Norway's sovereign wealth fund is situated, in Oslo, Norway, March 6, 2018. REUTERS/Gwladys Fouche/File Photo Acquire Licensing RightsARENDAL, Norway, Aug 15 (Reuters) - Norway's wealth fund, the world's largest single stock market investor, posted a profit of 1,501 billion crowns ($143 billion) in the first half of the year, driven by strong equity markets and a weak crown currency, the fund said on Tuesday. "The fund's equity investments had a strong first half after a weak 2022. The $1.4 trillion fund, which invests the Norwegian state's revenues from oil and gas production, owns on average 1.5% of all listed stocks worldwide. ($1 = 10.5224 Norwegian crowns)Reuters GraphicsReporting by Gwladys Fouche; writing by Nerijus Adomaitis; editing by Niklas PollardOur Standards: The Thomson Reuters Trust Principles.
Persons: Gwladys, Gwladys Fouche, Nerijus, Niklas Pollard Organizations: REUTERS, Rights, Equity, Technology, Thomson Locations: Norwegian, Oslo, Norway, Rights ARENDAL
Norway seen lifting policy rate to 4.0% this week
  + stars: | 2023-08-15 | by ( ) www.reuters.com   time to read: +2 min
"The risk of another double rate hike is clearly reduced," Handelsbanken said in an Aug. 11 note to clients. Norges Bank's monetary policy committee has said it will likely hike the policy rate to 4.25% in the course of this year to prevent a continued rapid rise in prices and wages that could see inflation become entrenched. The European Central Bank last month raised its key policy rate to 3.75%, but a narrow majority of economists polled by Reuters expect the ECB to temporarily pause its rate-hiking campaign at its September meeting. All 31 economists polled in the Aug. 10-15 period said Norges Bank would announce on Thursday that it will increase its policy rate by 25 bps to 4.00%. The poll's median prediction showed that the policy rate is expected to hit a peak of 4.25% later in the third quarter, although some predicted it could rise to 4.50% by the end of the year.
Persons: Handelsbanken, Terje Solsvik, Vijayalakshmi Srinivasan, Pai Sujith, Susan Fenton Organizations: Reuters, Norges, bps, Norges Bank, European Central Bank, ECB, Thomson Locations: OSLO, Norwegian, Bengaluru
Norwegian dam collapses after days of heavy rain
  + stars: | 2023-08-09 | by ( Jeremy Schultz | ) www.reuters.com   time to read: 1 min
A view shows the Braskereidfoss power plant as water flows over after a lock, in Braskereidfoss, Norway, August 9. The Braskereidfoss power dam on the Glomma River, Norway's biggest waterway, had been unable to open its hatches after its control room...moreA view shows the Braskereidfoss power plant as water flows over after a lock, in Braskereidfoss, Norway, August 9. The Braskereidfoss power dam on the Glomma River, Norway's biggest waterway, had been unable to open its hatches after its control room flooded. Water appeared to be flowing through it in a controlled manner following the breach, utility Hafslund said in a statement. NTB/Cornelius PoppeClose
Persons: Hafslund, NTB, Cornelius Poppe Locations: Braskereidfoss, Norway
Norway evacuates thousands from worst floods in decades
  + stars: | 2023-08-09 | by ( ) www.reuters.com   time to read: +1 min
A person walks in mud after extreme weather Hans hit Valdres, near Oslo, Norway August 8, 2023. NTB/Cornelius Poppe via REUTERSOSLO, Aug 9 (Reuters) - Norway evacuated thousands of people as rivers swelled to their highest levels in at least 50 years on Wednesday and homes and businesses were submerged or swept away by landslides. Innlandet county, one of Norway's worst hit areas, said many people were isolated by the floods and that first responders may not be able to reach those in need. On Monday, a Swedish train derailed when a railway embankment was washed away by floods, injuring three people. Authorities in Norway and Sweden maintained red alerts, their most severe flood warnings, for several regions on Wednesday.
Persons: Hans, Valdres, NTB, Cornelius Poppe, Terje Solsvik, Alexandra Hudson Organizations: REUTERS, Hove, TV2, Authorities, Alexandra Hudson Our, Thomson Locations: Oslo, Norway, REUTERS OSLO, Innlandet, Nordic, Finland, Sweden, Swedish
Norway federation chief apologises for disappointing World Cup
  + stars: | 2023-08-09 | by ( ) www.reuters.com   time to read: +2 min
Norway's troubled campaign came to a shuddering halt with a 3-1 loss to Japan in the last 16 on Saturday after internal disputes and disappointing results on the field. Klaveness acknowledged that Norway had enjoyed some luck on their way to the last 16 and expressed concern that recent overall performances had not been up to standard. "We have to realise that in three of the last four championships, we have performed lower than we expected," Klaveness added. That's what we've been doing in recent years and that's not what we're going to do. Klaveness said the objective was to complete an assessment of the issues by the end of August, covering the federation, players, coaches, and support staff.
Persons: Japan's Mina Tanaka, Read, Lise Klaveness, Norway's, Klaveness, we've, that's, Tommy Lund, Ken Ferris Organizations: Soccer Football, FIFA, Wellington Regional, Norwegian Football Federation, NRK, New Zealand, England, Thomson Locations: New Zealand, Japan, Norway, Wellington , New Zealand, Norwegian, New, Gdansk
REUTERS/Gonzalo Fuentes/File PhotoOSLO, Aug 8 (Reuters) - Meta Platforms (META.O) is asking a court in Norway to stop a fine the Nordic country's data regulator imposed on the owner of Facebook and Instagram for breaching users' privacy, according to a court filing. Meta Platforms will be fined 1 million crowns ($97,700) per day from Aug. 14 over privacy breaches, Norway's data protection authority told Reuters on Monday, in a decision that could have wider European implications. Meta Platforms is asking for a temporary injunction against the order, according to a court filing. Meta Platforms did not reply to a request for comment. The Norwegian data regulator, Datatilsynet, said Meta Platforms was seeking to stop the imposition of the fine.
Persons: Gonzalo Fuentes, Tobias Judin, Datatilsynet, Gwladys Fouche, Kirsten Donovan Organizations: Viva Technology, Porte de, REUTERS, Facebook, Reuters, Big Tech, European Data Protection, Thomson Locations: Porte, Paris, France, OSLO, Norway, Norwegian, Europe, Oslo
[1/5] A view of passenger train which was carrying more than 100 passengers and derailed between Iggesund and Hudiksvall in Sweden, August 07, 2023. TT News Agency/Mats Andersson via REUTERSSTOCKHOLM, Aug 7 (Reuters) - Heavy rainfall drenched southern Scandinavia on Monday, causing a train to derail and roads to flood in what officials in Sweden and Norway warned could become the most extreme wet weather system to hit the region in decades. A train carrying more than 100 passengers derailed in eastern Sweden as the rain partly washed away the railway embankment, injuring three people who were taken to hospital, police said. "This is an effect of climate change, with wilder and wetter weather in Norway," Stoere told public broadcaster NRK. Reporting by Anna Ringstrom in Stockholm and Terje Solsvik in Oslo; Editing by Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.
Persons: Mats Andersson, Gale, Hans, Jonas Gahr Stoere, wilder, Stoere, Anna Ringstrom, Terje Solsvik, Sharon Singleton Organizations: TT News Agency, REUTERS, Sweden, Norwegian Meteorological Institute, Norway's, NRK, Thomson Locations: Iggesund, Hudiksvall, Sweden, REUTERS STOCKHOLM, Scandinavia, Norway, North, Denmark, Finland, Stockholm, Oslo
The logo of Meta Platforms' business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman/File Photo/File PhotoOSLO, Aug 7 (Reuters) - Facebook and Instagram owner Meta Platforms (META.O) will be fined 1 million Norwegian crowns ($98,500) per day over privacy breaches from Aug. 14, Norway's data protection authority told Reuters on Monday. The regulator, Datatilsynet, had said on July 17 that the company would be fined if it did not address privacy breaches the regulator had identified. Meta Platforms did not immediately reply to a request for comment. Norway is not a member of the European Union but is part of the European single market.
Persons: Yves Herman, Datatilsynet, Tobias Judin, Meta, Meta's, Gwladys Fouche, Terje Solsvik, David Gregorio Our Organizations: REUTERS, Meta, Reuters, Big Tech, European Data Protection, European Union, Facebook, Ireland's Data, European, Thomson Locations: Brussels, Belgium, OSLO, Norway, Norwegian, Europe, Oslo
BRISBANE, Aug 6 (Reuters) - England's Sarina Wiegman is the lone female head coach remaining at the Women's World Cup after the elimination of South Africa on Sunday, which could bode well for the Lionesses Down Under if history has a hand in it. Twelve of the World Cup's 32 head coaches were women, including Desiree Ellis, whose Banyana Banyana were ousted in a 2-0 loss to the Netherlands in the round of 16. Since 2000, all but one of the major women's football tournaments – the Women's World Cup, Women's Euros and the Olympics – have been won by female-coached teams, according to the Female Coaching Network. Norio Sasaki, the man who coached Japan to World Cup gold in 2011, is the sole exception. Wiegman, whose European champions play Nigeria in the round of 16 on Monday, took over as Lionesses head coach in September 2021, and her squad went on a 30-game unbeaten streak that included just five draws.
Persons: bode, Desiree Ellis, Banyana, Norio Sasaki, Wiegman, Inka, Lori Ewing, William Mallard Organizations: BRISBANE, Olympics, Female, Japan, Nigeria, Thomson Locations: Africa, Netherlands, Australia, England, Spain
Norway fail to find balance as World Cup journey ends
  + stars: | 2023-08-05 | by ( ) www.reuters.com   time to read: +3 min
Coach Hege Riise tinkered with her side throughout the World Cup but never managed to find the lineup or tactics that would get the most out of her squad, and she faces an uncertain future after a third poor showing in four tournaments. "But (Japan) did well, we played solid defence at times but not quite good enough." Norway's defence was also shaky, with Hansen at left back and youthful central defender Mathilde Harviken targeted by opponents. If Riise, a World Cup winner with Norway in 1995, cannot mend the bridges she burned by dropping Graham Hansen, she may not have another chance to see if she can get the most out of a side that is now best known for being far less than the sum of its parts. Reporting by Philip O'Connor, additional reporting by Nick Mulvenney, editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.
Persons: Risa Shimizu, Mikalsen, Amanda Perobelli WELLINGTON, Hege Riise, Riise, Julie Blakstad, Emelie Haavi, Tuva Hansen, footers, Frida Maanum, Ingrid Engen, Vilde Boe Risa, Guro Reiten, Caroline Graham Hansen, Hansen, Mathilde Harviken, Maren Mjelde, Thea Bjelde, Ada Hegerberg, Sophie Roman Haug, Graham Hansen, Philip O'Connor, Nick Mulvenney, Christian Radnedge Organizations: Soccer Football, FIFA, Wellington Regional, Switzerland, Barcelona, Norwegians, Thomson Locations: New Zealand, Japan, Norway, Wellington , New Zealand, Tuva, Philippines
WELLINGTON, Aug 5 (Reuters) - Hinata Miyazawa scored her fifth goal of the tournament as Japan beat Norway 3-1 in a clash of former champions on Saturday to reach the quarter-finals of the Women's World Cup for the fourth time. "I'm very happy, I didn't think we would be able to come so far," Miyazawa told reporters. Norway, world champions in 1995, depart the World Cup before the quarter-finals for only the third time in nine campaigns. Space started opening up for Japan as Norway pressed forward and Miyazawa benefited in the 81st minute, taking a touch off Aoba Fujino's through ball and rolling it coolly into the net. "We met a very good Japan team," said Norway coach Hege Riise.
Persons: Hinata Miyazawa, Norway's Ingrid Engen, Risa Shimizu, Miyazawa, Alexandra Popp, Engen, Vilde Boe Risa, Reiten, Risa, Shimizu, Karina Saevik, Ayaka Yamashita, Hege Riise, Nick Mulvenney, Gwladys Fouche, Christian Radnedge Organizations: WELLINGTON, United, Germany, Norway, Thomson Locations: Japan, Norway, United States, Sweden, Spain, Philippines, New Zealand, Oslo
The stunning upsets sent twice German champions packing in their first exit from the group stage in nine editions of the World Cup. Revived Norway were a big group stage winner, brushing off a turbulent two weeks to squeeze into the knockout rounds on goal difference over New Zealand. Norway's advancement sealed New Zealand's fate, despite the Football Ferns having edged the Norwegians 1-0 for their first win at a World Cup at the tournament's opening match. South Africa are not used to dominating outside their own continent and the nation erupted in celebration after the Banyana Banyana knocked out Italy, quarter-finalists four years ago, to progress with their first ever World Cup win. China's Steel Roses, once titans of women's soccer with silver medals from the 1996 Olympics and 1999 World Cup, were shock losers in the group stage, bowing out in a 6-1 thumping by England.
Persons: Deneisha Blackwood, Read, Lorne Donaldson, we'll, Anissa Lahmari, Marta, Canada's, Christine Sinclair, Sam Kerr, Matildas, Tony Gustavsson, Kailen Sheridan, Winger Caroline Graham Hansen, Hege Riise, Banyana, Cyril Ramaphosa, Shui Qingxia, Shui, Lori Ewing, Michael Perry Organizations: Soccer Football, FIFA, Jamaica, Brazil, Melbourne, Australia, New Zealand, Colombia, ARM, Olympic, Football Ferns, U.S, United, debutants, England, Thomson Locations: New Zealand, Jamaica, Brazil, Melbourne, Australia, SYDNEY, Morocco, South Africa, Norway, Germany, Canada, China, Perth, South Korea, Brisbane, Korea, New, Eden Park, Portugal, United States, debutants Portugal, Italy, England
Big central banks hike again with end of tightening in sight
  + stars: | 2023-08-03 | by ( ) www.reuters.com   time to read: +5 min
LONDON, Aug 3 (Reuters) - Major central banks are tentatively eyeing the end of aggressive interest rate hikes as price pressures finally show signs of abating. So far, nine developed economies have raised rates by a combined 3,865 basis points (bps) in this cycle. This may have marked the end of a 20-month hiking cycle, with economists polled by Reuters expecting the central bank to stay put for the rest of 2023. Canada's inflation rate fell to 2.8% in June. Reuters Graphics10) JAPANThe Bank of Japan, the world's most dovish major central bank, kept its interest rate target at -0.1% in July, but shook markets by making its yield curve control policy more flexible.
Persons: Jerome Powell, BoE, Riksbank, Nell Mackenzie, Alun John, Naomi Rovnick, Harry Robertson, Chiara Elisei, Vincent Flasseur, Sumanta Sen, Pasit, Tomasz Janowski, Toby Chopra Organizations: UNITED, Federal Reserve, ZEALAND, Reserve Bank of New, Reuters, BRITAIN, Bank of England, bps, Bank of Canada, BoC, European Central Bank, ECB, Reserve Bank of Australia, Norges Bank, Swiss, Bank of Japan, Thomson Locations: Japan, Reserve Bank of New Zealand, NORWAY, SWEDEN, SWITZERLAND Swiss, JAPAN
Franck Fife/AFP/Getty Images Norway celebrates scoring in its 6-0 victory against the Philippines on Sunday. Aisha Schulz/AP Sweden's Amanda Ilestedt, center, heads the ball to score the opening goal against Italy on July 29. John Cowpland/AP Italy's fans cheer before their team's match against Sweden at Wellington Regional Stadium, New Zealand. John Cowpland/AP China's Wang Shuang celebrates after scoring against Haiti during a Women's World Cup match on Friday, July 28. John Cowpland/AP US forward Alex Morgan is surrounded by Vietnam defenders during their opening match on July 22.
Persons: Colombia's Manuela Vanegas, Franck Fife, Alexandra Popp, Ulrik Pedersen, Manuela Vanegas, Sajad, Jaimi Joy, Reuters Linda Caicedo, Phil Walter, Getty, Dominique Randle, Hannah Peters, Hali, Rafaela Pontes, Olivia McDaniel, Norway's Caroline Graham Hansen, Abbie Parr, Sophie Roman Haug of, Jessika Cowart, Buda Mendes, Ali Riley, Katie Bowen, Molly Darlington, Julia Stierli, Alessandra Tarantino, Ramona Bachmann, Sanka Vidanagama, James Elsby, Benzina, Edina Alves Batista, Hannah Mckay, Brenton Edwards, Panama's Aldrith Quintero, Jamaica's Deneisha Blackwood, Kameron Simmonds, Luisa Gonzalez, Allyson Swaby, Herve Renard, Wendie Renard, Debinha, Katie Tucker, Aisha Schulz, Amanda Ilestedt, John Cowpland, Rebecka Blomqvist, Wang Shuang, Maddie Meyer, Dumornay, China's Dou Jiaxing, Alex Pantling, Chloe Kelly, Carl Recine, Mary Earps, Andy Cheung, Janni Thomsen, Alex Greenwood, Lauren James, Justin Setterfield, Keira Walsh, Walsh, Argentina's Mariana Larroquette, Yamila Rodriguez, Cristiano Ronaldo, Lionel Messi, Matthew Lewis, Linda Motlhalo, Lars Baron, Osinachi Ohale, Bradley Kanaris, Dan Peled, Anthony Albanese, Matt Roberts, Jéssica Silva, Vietnam's, Saeed Khan, Fiona Goodall, Daphne van Domselaar, Julie Ertz, Brad Smith, Andrew Cornaga, Lindsey Horan, Joe Prior, Catherine Ivill, Amanda Perobelli, Canada's Vanessa Gilles, Ireland's Niamh Fahey, Louise Quinn, Murty, Katie McCabe applauds, Paul Kane, Kailen Sheridan, McCabe, Stephen McCarthy, Adriana Leon, Colin Murty, Jennifer Hermoso, David Rowland, Reuters Hermoso, Spain's Alexia Putellas, Mary Wilombe, Naomoto, Japan's Mina Tanaka, Daniela Solera, Sarina Bolden, Bolden's, Hannah Wilkinson, Bolden, Victoria Esson, Katelyn Mulcahy, Hagen Hopkins, Catalina Usme, Korea's Cho, Colombia's Jorelyn, Carolina Arias, Cameron Spencer, Reuters Usme, Kim Hye, Rebecca Welch, David Gray, Brazil's Marta, Matt Turner, Borges, Khadija Er, Victoria Adkins, Germany's Alexandra Popp, Asanka Brendon Ratnayake, Morocco's Fatima Tagnaout, Hamish Blair, Cristiana Girelli, Kim Price, Francesca Durante, German Portanova, Reuters Italy's Giulia Dragoni, Estefania Banini, Dragoni, Grace Geyoro, Mark Baker, Rebecca Spencer, Robert Cianflone, Bunny, Shaw, Estelle Cascarino, Portugal's Ines Pereira, Stefanie van der, Van der Gragt, Portugal's Jessica Silva, Silva, Joe Allison, Magaia, Sweden's Elin Rubensson, Amalie Vangsgaard's, Zhang Linyan, Denmark's Pernille Harder, Gary Day, Shui, Reuters England's Alessia Russo, Haiti's Tabita Joseph, England's Lionesses, Reuters Nicolas Delépine, Kerly Theus, Zac Goodwin, Jun Endo, Zambia's Agnes Musase, Reuters Aoba, Catherine Musonda, Alex Morgan, Carmen Mandato, Megan Rapinoe, Horan, Trần Thị Kim Thanh, Sophia Smith dribbles, Ane, Esther González, Costa, Costa Rica's Mariana Benavides, Katrina Guillou, Switzerland's Gaëlle Thalmann, William West, Uchenna Kanu, Chiamaka Nnadozie, Canada's Christine Sinclair, Steph Catley, Heather Payne, Australia's Kyra Cooney, Mackenzie Arnold, Ria Percival, Ada Hegerberg, Jan Kruger, Zealand's CJ Bott, Norway's Mathilde Harviken vie, Jose Breton, Benee, Ireland's, Niamh Fahey, Vanessa Gilles, Coliin Murty, Sam Kerr, Kerr, Tony Gustavsson, Christine Sinclair, Ireland, Spain –, Japan's Hikaru Naomoto Organizations: CNN, Germany, Getty, Colombia, Reuters, Norway, Sunday, FIFA, AP, New Zealand, South, Jamaica, Brazil, France, Italy, Sweden, Wellington Regional, Haiti, China, Denmark, England, Argentina, Nigeria, Australia, Canada, Reuters Australian, Vietnam, Portugal, USSF, Ireland, Spain, Eden, Costa, Forsyth, AP Costa, Japan, New, Victoria, Panama, Morocco, Cristiana, Atlanta Primus, Zambia, Zambian, Costa Rica's, Getty Images, Zealand, AP Norway, Nations, FOX Sports, Telemundo, Seven Network, Optus Sport, BBC, ITV, Republic of Ireland, Super Falcons, coy Locations: Japan, Spain, Costa Rica, Zambia, Australia, Canada, Nigeria, AFP, Colombia, Philippines, AP Philippines, Sophie Roman Haug of Norway, New, Reuters, Morocco, South Korea, Perth, Reuters Jamaica, Brisbane, New Zealand, Reuters England, Reuters Argentina, Argentina, South Africa, Ireland, Portugal, Vietnam, United States, Netherlands, Wellington , New Zealand, Auckland , New Zealand, Costa Rican, Dunedin , New Zealand, AP Costa Rican, Reuters Switzerland, Norway, Switzerland, Sydney, Reuters Colombia, Panama, Adelaide, Germany, AP Argentina, German, Italy, Atlanta, Africa, China, European, Reuters England's Georgia, Ane Frosaker, Eurasia, Melbourne, Reuters Norway, Zealand, Eden, United Kingdom, Republic of, Republic of Ireland, Wellington
Since the first edition in 1991, the hosts have always qualified for the knockout stages and New Zealand will advance if they win. Qualification will also mark the first time in six attempts they have reached the knockouts. But with three points separating table toppers Switzerland and bottom side Norway, all four teams have a shot at qualifying for the last 16. We want to basically be in that mindset where it doesn't matter who's standing there on the actual pitch," she said. She was a bit stressed as well, because she was playing in her first World Cup," Abadia said.
Persons: Molly Darlington, Ada Hegerberg, Ballon, Felicitas Rauch, Giulia Gwinn, Carolin Simon, Martina Voss, Tecklenburg, Linda Caicedo, Nelson Abadia, Abadia, it's, Rohith Nair, Christian Radnedge Organizations: Soccer Football, FIFA, Zealand Training, New Zealand, Zealand, Football Ferns, Thomson Locations: New Zealand, Zealand, Dunedin , New Zealand, New, Molly Darlington AUCKLAND, Switzerland, Norway, Philippines, Germany, Colombia, Bengaluru
July 29 (Reuters) - Norway striker Ada Hegerberg will not play in their must-win Women's World Cup group game against the Philippines after failing to recover from a groin injury in time, coach Hege Riise said on Saturday. Hegerberg withdrew prior to kickoff in the second game after tweaking her groin in the warm-ups. The 2018 Ballon d'Or winner headed quickly down the tunnel to the locker room before Norway drew 0-0 with Switzerland. "She is not ready for this game, it came too early after her injury," Riise told reporters. Hansen had mentioned she had been removed from the leadership group by Riise last year.
Persons: Ada Hegerberg, Hege Riise, Hegerberg, Ballon, Riise, Caroline Graham Hansen, Hansen, there's Caroline, Rohith Nair, Philip O'Connor, Lincoln Organizations: New Zealand, Switzerland, Thomson Locations: Norway, Philippines, Switzerland, New
Norway, Finland battle rapid spread of bird flu
  + stars: | 2023-07-28 | by ( Louise Rasmussen | ) www.reuters.com   time to read: +2 min
[1/2] People wearing protective suits collect dead birds, as there is a major outbreak of bird flu, in Vadso municipality in Finnmark in Norway, July 20,2023. Oyvind Zahl Arntzen/NTB/via REUTERS/File PhotoCOPENHAGEN, July 28 (Reuters) - Norway and Finland face record outbreaks of bird flu this year which have killed thousands of seagulls and other species, put livestock at risk and restricted travel in some areas, officials said. Avian influenza, commonly called bird flu, has circulated throughout Europe in recent years, leading to a cull in May and June of millions of birds on French farms alone and affecting the supply of poultry meat and eggs. The H5N1 virus strain has spread among poultry and wild birds for years but there have been sporadic outbreaks reported globally in mammals such as cats, mink and otters. Neighbouring Finland also said wild birds were heavily affected and that the H5N1 strain has now been found in 20 fur farms, up from 12 earlier this week.
Persons: Oyvind Zahl, Ole, Herman Tronerud, Louise Breusch Rasmussen, Terje Solsvik, Toby Chopra Organizations: Norwegian Food Safety Authority, Norwegian Food, World Health, Thomson Locations: Vadso, Finnmark, Norway, COPENHAGEN, Finland, Europe, Norway's Finnmark, Norwegian
SummaryCompanies Q2 profits slump 56% at Shell, 49% at TotalEnergies y/yOil, gas, LNG prices much lower in 2023 vs 2022TotalEnergies sees LNG prices recover somewhat in winterShell slows pace of share buyback programmeLONDON/PARIS, July 27 (Reuters) - Shell (SHEL.L) and TotalEnergies (TTEF.PA) reported sharp falls in second-quarter profit from bumper 2022 earnings as oil and gas prices, refining margins and trading results all weakened. Oil and gas prices soared last year in the wake of Russia's invasion of Ukraine but energy prices have dropped sharply this year as fears of shortages eased amid global economic challenges. Reuters GraphicsShell's shares were down 1.9% at 0755 GMT and TotalEnergies' slipped 0.4%, compared with a 1% decline in the European index of oil and gas companies (.SXEP). Prices for liquefied natural gas (LNG), a key product for both groups, dropped to $11.75 per million British thermal units (mmBtu) from around $33. Both Shell and TotalEnergies had flagged shrinking profit from refining crude oil into fuel and chemicals in the quarter.
Persons: TotalEnergies, Shell, Wael Sawan, Patrick Pouyanne, Ron Bousso, Shadia, America Hernandez, Susan Fenton Organizations: Shell, Reuters Graphics, Brent, Thomson Locations: PARIS, Ukraine, TotalEnergies
The earnings, which missed forecasts, follow bumper earnings in 2022 after energy prices surged in the wake of Russia's invasion of Ukraine, but were in line with its second-quarter performance two years ago. In June, Shell announced it would buy back at least $5 billion in shares in the second half of the year. Shell shares were down 1.7% by 0730 GMT, compared with a 1% decline for the broader European energy index (.SXEP). Reuters GraphicsWEAKER QUARTERThe lower results mainly reflected lower liquefied natural gas (LNG) trading results, lower oil and gas prices, lower refining margins, and lower sales volumes, compared with the previous quarter, Shell said. Oil and gas prices soared last year in the wake of Russia's invasion of Ukraine but energy prices have dropped sharply this year as fears of shortages have eased.
Persons: Shell, Wael Sawan, Sawan, Jefferies, Giacomo Romeo, TotalEnergies, Norway's, Ron Bousso, Christina Fincher, Jason Neely Organizations: Shell, Reuters Graphics, Benchmark Brent, Thomson Locations: Ukraine
LONDON/NEW YORK, July 27 (Reuters) - Chocolate and coffee makers including Italy's Lavazza and Cadbury-maker Mondelez are concerned about the "practicalities" of a new European Union law aimed at stopping deforestation. Several major investors told Reuters last month that concerns about their exposure to the issue could lead them to quit consumer goods makers with "risky" supply chains. Oreo-maker Mondelez told Reuters it is "not clear on how they (EU authorities) will control or implement this" law. "It is entirely possible to trace coffee supply chains, despite their complexity. Italian confectionary group Ferrero wants the EU to provide specific guidance on compliance for each commodity because supply chains vary greatly between them.
Persons: Italy's, Mondelez, Giuseppe Lavazza, Lavazza, Christophe Hansen, Dirk Van de, Solidaridad, Julia Christian, Fern, Van de, Ferrero, Snorre, Matthew Scuffham, Catherine Evans Organizations: Cadbury, European Union, Reuters, European Commission, EU, Thomson Locations: EU
Norway government ministries hit by cyber attack
  + stars: | 2023-07-24 | by ( ) www.reuters.com   time to read: +1 min
OSLO, July 24 (Reuters) - Twelve Norwegian government ministries have been hit by a cyber attack, the Norwegian government said on Monday, the latest attack to hit the public sector of Europe's largest gas supplier and NATO's northernmost member. That weakness has now been shut," Erik Hope, head of the government agency in charge of providing services to ministries, told a news conference. The attack was identified due to "unusual" traffic on the supplier's platform, Hope said, declining to provide specifics. Norway is Europe's largest gas supplier after a drop in Russian gas flows and Western Europe's largest oil exporter. Norway's state sector has been hit by cyber attacks previously, including in June 2022, when a so-called distributed denial-of-service (DDoS) attack took place, blamed on a "criminal pro-Russian group".
Persons: Erik Hope, Hope, Gwladys Fouche, Louise Rasmussen, Terje Solsvik Organizations: NATO, Thomson Locations: OSLO, Norwegian, Norway, Norway's, Russia, Ukraine
Harman stays five clear as Rahm makes his move
  + stars: | 2023-07-22 | by ( Ed Osmond | ) www.reuters.com   time to read: +3 min
Harman, seeking his first major title, dropped two shots in the first four holes before birdies at the fifth, ninth, 12th and 13th took him to 12 under par, five ahead of American Cameron Young and six clear of Rahm. The 36-year-old Harman, world number 26, showed great courage and composure after his shaky start, particularly as it happened just after Rahm had completed his round to ramp up the pressure. "The start was tough, I hit a couple of loose shots," Harman told a news conference. World number three Rahm conjured up eight birdies in a majestic display of ball-striking to give himself a chance to win his third major crown and second of the year. "That's the best round I've played on a links golf course ever," Rahm told reporters.
Persons: Brian Harman, Paul Childs, Harman, Rahm, Fleetwood, McIlroy, Jon Rahm, American Cameron Young, I've, I'm, St Andrews, Viktor Hovland, Frenchman Antoine Rozner, Sepp Straka, Jason Day, Tommy Fleetwood, Rory McIlroy, Shubhankar Sharma, England's Alex Fitzpatrick, Matt, Cameron Smith, Scottie Scheffler, Scheffler, Ed Osmond, Hugh Lawson Organizations: 151st, Royal, REUTERS, SIX, Young, St, Thomson Locations: Royal Liverpool, Hoylake, Britain, U.S, England, British, American, Australia
It's half time at the Eden Park Stadium in Auckland, where underdogs New Zealand have held firm for the first 45 minutes against former World Cup winners Norway. The Scandinavians are among the tournament favorites this year, but despite dominating much of the play have been unable to break through the home side's defense and create a clear-cut chance. But it hasn't been all defending from New Zealand. The home side have enjoyed several threatening moments of their own going forward, much to the delight of the sold-out home crowd. In the final moments of the half, New Zealand kept the pressure on, with several opportunities in the box.
Persons: Norway's Ada Hegerberg, Julie Blakstad, Frida Maanum Organizations: New Zealand, Norway Locations: Eden, Auckland, Norway's, New Zealand
"Honestly it means the world," she told reporters. "Obviously, you know, we had such amazing support tonight, and I think that's what really made a difference for us." New Zealand's build up to the World Cup had been far from perfect, enduring a 10-match winless streak before beating Vietnam in a friendly earlier this month. New Zealand Prime Minister Chris Hipkins visited the squad in the locker room to offer his congratulations, coach Jitka Klimkova told reporters. Reporting by Amy Tennery and Nathan Frandino in Auckland; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.
Persons: Zealand's Hannah Wilkinson, Norway's Mathilde Harviken REUTERS, David Rowland AUCKLAND, Hannah Wilkinson, Wilkinson, I'm, Malia Steinmetz, we've, Chris Hipkins, Jitka Klimkova, Amy Tennery, Nathan Frandino, Peter Rutherford Organizations: Soccer Football, FIFA, New Zealand, Football Ferns, Zealand, Switzerland, Thomson Locations: New Zealand, Zealand, Norway, Eden, Auckland , New Zealand, Vietnam, Philippines, Auckland
Total: 25