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☆ Exclusive: Mondelez 'singled out' in boycott over Russia business, exec says
▼ + stars: | 2023-06-16 | by ( ) www.reuters.com time to read: +6 min

"If you look in most kitchen cupboards, you will see many products from food and beverage companies that have not exited Russia." Mondelez rivals in chocolate including Nestle (NESN.S) still operate in Russia as do many other consumer products companies. Reuters GraphicsShipments of all Mondelez products to Russia jumped to 45 million kilograms from 28.7 million kilograms in the same time periods, according to the data. Mondelez also said Thursday it was continuing to reduce its activities in Russia and expects further volume and sales declines. Jan Kæraa Rasmussen, head of environmental, social and governance (ESG) and sustainability at Mondelez investor PensionDanmark, said the Danish pension fund considers the "downscaling of their business in Russia a progression.

Persons: Vinzenz Gruber, Gruber, Mondelez, Mondelez's, Nestle, Nestle didn't, Jan Kæraa Rasmussen, PensionDanmark, Rasmussen, Jessica DiNapoli, Maurice Tamman, Terje Solsvik, Anna Driver Organizations: YORK, Reuters, Mondelez, SAS, Ukraine's National Agency for, Facebook, Russian Embassy, Nestle, confectionary, U.S . Securities, Exchange Commission, SEC, Thomson Locations: Europe, Russia, Nordics, Sweden, Norway, Nordic, Ukraine, Russian, Washington ,, Danish, New York

Over 50 cryptocurrencies worth over $100 billion in total and making up about 10% of the overall market, are now viewed by the SEC watchdog as securities, according to CCData. Among major players, for example, solana , polygon and cardano have sunk between 23% and 32%. Bitcoin and ether weren't named in the SEC's lawsuit, nor were stablecoins such as tether and USC Coin. By contrast, bitcoin investors who have held their coins for more than five months appeared relatively calm and accounted for just 1.9% of deposit volume. Investment products tracking altcoins have seen positive - albeit small - net inflows this year, in contrast to bitcoin and ether, Coinshares data showed on Monday.

Persons: Vetle Lunde, Ryan Rasmussen, solana, Lucas Kiely, Alex Thorn, Noelle Acheson, James Butterfield, Lisa Mattackal, Medha Singh, Pravin Organizations: U.S, SEC, K33 Research, solana, Securities, Bitwise Asset Management, Reuters Global Markets, Cardano Foundation, Solana Foundation, Reuters, Polygon Labs, Reuters Graphics Reuters, USC, BTC, ETH, Firmwide Research, Galaxy Digital, Pravin Char, Thomson Locations: cardano, altcoins, Bengaluru

☆ Iran Executions Surge as Government Cracks Down
▼ + stars: | 2023-06-11 | by ( Sune Engel Rasmussen | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/iran-executions-surge-as-government-cracks-down-9e893e4e

Persons: Dow Jones Locations: iran

☆ Taliban’s Opium Crackdown Piles Pressure on Spiraling Afghan Economy
▼ + stars: | 2023-06-08 | by ( Sune Engel Rasmussen | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/talibans-opium-crackdown-piles-pressure-on-spiraling-afghan-economy-b9a4dfcb

Persons: Dow Jones

☆ Sweden, Finland’s About-Face on NATO Membership Was Years in the Making
▼ + stars: | 2023-06-08 | by ( Sune Engel Rasmussen | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/sweden-finlands-about-face-on-nato-membership-was-years-in-the-making-8b86c324

Persons: Dow Jones Organizations: nato Locations: sweden

☆ Three Europeans return home after release by Iran in prisoner swap
▼ + stars: | 2023-06-03 | by ( Charlotte Van Campenhout | ) www.reuters.com time to read: +5 min

They arrived around 2:45 a.m. (0045 GMT) and were greeted by Belgian Foreign Minister Hadja Lahbib, Belgium's Belga news agency reported. Danish citizen Thomas Kjems flew on to Copenhagen, landing at around 11 a.m. (0900 GMT) on Saturday. Austrian Foreign Minister Alexander Schallenberg tweeted photos of the two Austrians arriving in Vienna. Iranian Foreign Minister Hossein Amirabdollahian tweeted on Saturday that he had told Lahbib that he hoped the prisoners' release would "open a new page" in Iran's relations with Belgium and Europe. Belgian government officials said that officially there were still 22 Europeans in Iranian prisons, but that no more Europeans would be exchanged for Assadi.

Persons: Thomas Kjems, Read, Dane, Asadollah Assadi, Olivier Vandecasteele, Assadi, Hadja Lahbib, Belgium's, It's, I've, Alexander Schallenberg, Hossein Amirabdollahian, Lahbib, Amirabdollahian, Massud Mosaheb, Kamran Ghaderi, Lars Lokke Rasmussen, Kazem, Ahmadreza, Louise Rasmussen, Tom Little, Charlotte Van Campenhout, Bart Biesemans, Andrew Gray, Francois Murphy, Hugh Lawson, Mark Potter, Frances Kerry Organizations: Copenhagen Airport, Europeans, Belgian Foreign, Austrian, Ministry, Austrian Friendship Society, Danish, Assadi, Iranian, Thomson Locations: Copenhagen, Denmark, Iran, BRUSSELS, DUBAI, Tehran, Belgian, Belgium, France, Oman, Danish, Vienna, Iranian, Europe, ., Swedish, Brussels, Dubai

[1/2] Denmark's Prime Minister and head of the Social Democrats Mette Frederiksen speaks on the Workers' International Day at Arbejdermuseet (The Workers Museum) in Copenhagen, Denmark, May 1, 2023. "There is great respect in Europe for the work she has done as prime minister and for the person she is in international cooperation," he said. Frederiksen, a career politician who is also head of the Social Democratic Party, became the youngest-ever Danish prime minister in 2019. Many see her as too dominant and hungry for power," former Danish defence and justice minister Hans Engell told Reuters. When former U.S. President Donald Trump in 2019 proposed buying Greenland, a sovereign territory of the Kingdom of Denmark, Frederiksen dismissed the offer as "absurd".

Persons: Mette Frederiksen, Ritzau Scanpix, Emil Nicolai Helms, Frederiksen, Biden, Monday Frederiksen, Joe Biden, Jens Stoltenberg, Jonas Gahr Store, Jacob Kaarsbo, Hans Engell, Donald Trump, Tayyip Erdogan, Viktor Orban, Engell, Jacob Gronholt, Pedersen, Louise Breusch Rasmussen, Sharon Singleton Organizations: Denmark's, Social, Workers, The Workers Museum, REUTERS, NATO, U.S, Atlantic Treaty Organization, Social Democratic Party, Reuters, Hungary's, Thomson Locations: Copenhagen, Denmark, Ukraine, COPENHAGEN, Washington, NATO, Russia, Europe, Nord, Greenland, Kingdom of Denmark

☆ Wind energy has a massive waste problem. New technologies may be a step closer to solving it
▼ + stars: | 2023-05-28 | by ( Laura Paddison | ) edition.cnn.com time to read: +8 min

It’s a problem that’s vexed the wind energy industry and provided fodder for those who seek to discredit wind power. But in February, Danish wind company Vestas said it had cracked the problem. It announced a “breakthrough solution” that would allow wind turbine blades to be recycled without needing to change their design or materials. Wind energy has been growing at a fast pace. It is the world’s leading renewable energy technology behind hydropower, and plays a vital role in helping countries move away from fossil fuel energy, which pumps out planet-heating pollution.

☆ How Peaceful Sweden Became Europe’s Gun-Murder Capital
▼ + stars: | 2023-05-22 | by ( Sune Engel Rasmussen | Photographs Ake Ericson For The Wall Street Journal | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/how-peaceful-sweden-became-europes-gun-murder-capital-a5b500a7

☆ India, China, Brazil should be engaged in possible Ukraine peace summit -Danish foreign min
▼ + stars: | 2023-05-22 | by ( ) www.reuters.com time to read: +1 min

COPENHAGEN, May 22 (Reuters) - Denmark would like to host a summit in July about how to find peace between Ukraine and Russia, but such a meeting would require engagement from India, China and Brazil, Danish Foreign Minister Lars Lokke Rasmussen said Monday. A peace summit should not just be attended by Ukraine's allies. "It is necessary to build interest and involvement from countries like India, Brazil and China," Lokke Rasmussen said, adding that "it is hard for me to see" Russia participating in such a summit. "If Ukraine finds that the time has come to have such a meeting, that would be fantastic. And then Denmark would obviously like to host the meeting," he said.

☆ Novo Nordisk: trial data of oral weight-loss drug comparable to Wegovy
▼ + stars: | 2023-05-22 | by ( Louise Rasmussen | ) www.reuters.com time to read: +3 min

The results are another boost for Novo Nordisk whose weekly Wegovy injection has transformed the weight-loss market since its U.S. launch in June 2021, capturing the attention of patients, investors and even celebrities worldwide. The Danish drugmaker said in a statement that the headline results were statistically significant and showed superior weight loss when compared to a placebo. A global launch of the oral 50 milligram (mg) semaglutide drug is contingent on portfolio prioritisations and manufacturing capacity, the company added without giving further details. The results are comparable to the company's Wegovy injection, said Martin Holst Lange, head of development at Novo Nordisk. Novo Nordisk has had supply issues and struggled to keep up with soaring U.S. demand for Wegovy.

☆ Evidence of the first recorded romantic kiss dating back 4,500 years has been discovered
▼ + stars: | 2023-05-21 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +3 min

New research into Ancient Mesopotamia suggests people kissed romantically 4,500 years ago. Ancient Mesopotamia is considered to be roughly the land that is now modern-day Iraq and Syria. It was previously believed the earliest evidence of romantic-sexual lip kissing in humans originated in South Asia 3,500 years ago. The new research challenges these theories and suggests kissing was common across many different regions and cultures, starting much earlier. While the exact origins of romantic kissing remain uncertain, the study said, there is some possible evidence that it may have occurred even before the advent of writing.

☆ Do No Harm, a group of 'medical professionals' fighting 'woke healthcare,' is behind many anti-trans laws
▼ + stars: | 2023-05-20 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

The AP analyzed 130 bills across 40 states, finding common language attributable to a group called Do No Harm. Do No Harm is one of several right-wing organizations advocating against trans inclusion in healthcare. Do No Harm is much newer, launching last year in an effort to shield "patients and physicians from woke healthcare." "We know that woke medical education and research are already impacting healthcare providers, and now federal and state policymakers are forcing woke policies into medicine," Kristina Rasmussen, executive director of Do No Harm, said in an April 2022 press release. Several other medical groups have joined calls to stop anti-trans policies from taking hold across the nation — like the American Academy of Pediatrics, the American Public Health Association, and the National Education Association, to name a few.

☆ Picket Line and Chill
▼ + stars: | 2023-05-16 | by ( Gina Cherelus | ) www.nytimes.com time to read: +1 min

The man apologized, but a friend of hers saw an opportunity. “My friend was like, ‘Now you owe her a drink,’” Ms. Starks said. I would be open to doing that.’”Matthew Rasmussen admitted that he had, on occasion, checked Grindr while at the picket lines to see who was nearby. He hit it off with a fellow picketer at CBS, and they spent most of the afternoon getting to know each other. He almost gave up searching for him after not finding him on Grindr and social media, but the man soon sent him a message.

☆ These European companies cut jobs this year
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +4 min

TECH* ERICSSON (ERICb.ST): the telecom equipment maker will lay off 8,500 employees globally as part of its plan to cut costs, a memo seen by Reuters said. * NOKIA (NOKIA.HE): the Finnish telecom equipment maker said on May 3 it plans to cut up to 208 jobs in Finland. * PHILIPS (PHG.AS): the Dutch medical equipment maker on Jan. 30 said it would cut 6,000 jobs to counter falling sales and after a massive recall of its respiratory machines. * SAP (SAPG.DE): the German software company said on Jan. 26 it planned to shed 3,000 jobs, 2.5% of its global workforce, to cut costs and focus on its cloud business. * EVONIK (EVKn.DE): the German specialty chemicals producer said on April 3 it would cut 200 jobs as part of restructuring of its pet food unit.

☆ Bet365 must pay compensation to Danish soccer star Eriksen and others, court finds
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +1 min

The owner of Bet365, Malta-based Hillside Plc, was ordered to pay 4.7 million Danish crowns ($697,000) to the athletes, including badminton player and Olympic champion Viktor Axelsen, football player Simon Kjaer and goalkeeper Kasper Schmeichel. Manchester United midfielder Eriksen, whose image was used the most frequently according to the plaintiffs, was awarded the largest sum amounting to 1.45 million crowns, the verdict showed. While Bet365 had argued that its use of names and images should be regarded as editorial content, and was therefore not subject to payments, the court found instead that it amounted to marketing that required consent. Reuters was not immediately able to reach the company or its lawyers for comment. ($1 = 6.7433 Danish crowns)Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik and Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

☆ Volvo Cars to axe 1,300 jobs as it steps up cost cuts
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: +1 min

[1/3] lectric-powered Volvo XC40 cars are seen at the Auto Zurich Car Show 2022 in Zurich, Switzerland November 10, 2022. REUTERS/Arnd WiegmannCOPENHAGEN, May 4 (Reuters) - Volvo Cars (VOLCARb.ST) will lay off around 1,300 office-based employees in Sweden as it steps up cost cutting, the Sweden-based auto maker said on Thursday. The 1,300 positions equate to 6% of Volvo Cars' workforce in Sweden. Rowan said he could not yet specify where those jobs would be cut, but that focus would primarily remain on office-based positions. Volvo Cars shares were down 3.87% at 0848 GMT.

☆ Volvo Cars axes 1,300 jobs as it steps up cost cuts
▼ + stars: | 2023-05-04 | by ( ) www.reuters.com time to read: 1 min

COPENHAGEN, May 4 (Reuters) - Volvo Cars (VOLCARb.ST) will lay off around 1,300 office-based employees in Sweden as it steps up its cost cutting, the Swedish auto maker said on Thursday. While the group's efficiency drive had begun to show results, more was needed, Chief Executive Jim Rowan said in a statement. "Economic headwinds, increased raw material prices and increased competition are likely to remain a challenge to our industry for some time," Rowan said. About 1,100 jobs will be cut at Volvo Cars' main global operating unit, Volvo Personvagnar, while the remaining 200 positions will be identified after a review of the company's entities across Sweden, the group said. Reporting by Louise Breusch Rasmussen, editing by Terje SolsvikOur Standards: The Thomson Reuters Trust Principles.

☆ Russian Vessels Photographed at Nord Stream Site Days Before Blast
▼ + stars: | 2023-05-04 | by ( Sune Engel Rasmussen | ) www.wsj.com time to read: 1 min

Photo composite: Danish Defence Command via Reuters/Uwe DriestDenmark’s military said it photographed a number of Russian vessels near the blast site of the Nord Stream pipeline sabotage days before the explosions took place. Russian maritime activity isn’t unusual in the Baltic Sea, where the explosions that took the natural-gas pipelines out of commission last year. A senior European official familiar with the investigation into the explosions said the movements of the Russian vessels have long been known to investigators and have been dismissed as unlikely to be connected with the attack.

☆ Denmark to make $250 mln donation to Ukraine for military use
▼ + stars: | 2023-05-02 | by ( ) www.reuters.com time to read: +1 min

COPENHAGEN, May 2 (Reuters) - Denmark will donate military equipment and financial support to Ukraine worth 1.7 billion Danish crowns ($250 million), the Nordic country's Defence Minister Troels Lund Poulsen said on Tuesday. The minister also said Denmark will reduce its military presence in Iraq starting in early-2024 and instead focus on the Baltic countries, offering NATO a battalion to defend the region. The rest of the year, the troops will remain in Denmark, ready to be deployed to the Baltic states in case of a crisis, the ministry of defence said. "We must be prepared for the Danish presence in the Baltics to be long-term, and there is a need for balancing between having soldiers on the ground and being ready to deploy them from Denmark," Poulsen said. ($1 = 6.8051 Danish crowns)Reporting by Louise Breusch Rasmussen, editing by Terje SolsvikOur Standards: The Thomson Reuters Trust Principles.

☆ Assa Abloy Q1 beats forecast helped by higher sales and lower costs
▼ + stars: | 2023-04-26 | by ( ) www.reuters.com time to read: 1 min

Operating profit fell to 3.96 billion crowns from a year-earlier 4.00 billion. Analysts polled by Refinitiv had on average expected a profit of 3.69 billion crowns. Excluding restructuring costs the operating profit grew to 5.18 billion crowns. Assa Abloy said in a statement lower material costs, higher prices to customers, cost cuts and strong sales growth at in particular its Global Technologies and Americas divisions boosted profits. Group organic sales growth was 8%.

☆ MLB roundup: Astros drop Rays to 14-1 at home
▼ + stars: | 2023-04-26 | by ( ) www.reuters.com time to read: +13 min

Andrew McCutchen hit a three-run homer, Ke'Bryan Hayes a two-run double and Carlos Santana and Austin Hedges an RBI single apiece for the Pirates. Texas built a six-run lead before Nick Senzel put Cincinnati on the scoreboard with an RBI single in the seventh inning. Ruiz's homer and Joey Meneses' RBI single in the third against Jose Butto (0-1) provided an early cushion for Gray. The Brewers got single runs in the third and fourth, then pulled within 4-3 when Rowdy Tellez opened the sixth with his eighth homer. With two outs during Chicago's four-run eighth, Gomes lined an RBI single to right field for his fifth career four-hit game.

☆ A physicist explains why there's no real end to a rainbow and the only way to spot a perfectly circular one in the sky
▼ + stars: | 2023-04-24 | by ( Partha Chowdhury | The Conversation | ) www.businessinsider.com time to read: +5 min

To see a rainbow make a perfect, full circle, you'd need to see it from a plane in the air. This happens for very small droplets, such as a fine mist, or just after a rain shower when the air is just moist. You need very small water droplets in order for a rainbow to form. If you are flying a little above the cloud cover, keep a lookout for the small shadow of your plane on the clouds. The clouds are tiny water droplets, so chances are you may see a small circle of color around the shadow of the airplane.

☆ Man sets himself on fire in front of US embassy in Denmark
▼ + stars: | 2023-04-21 | by ( ) www.reuters.com time to read: 1 min

COPENHAGEN, April 21 (Reuters) - An 18-year-old Danish man set himself on fire in front of the U.S. Embassy in Copenhagen on Friday, police said. The fire was put out and the man was taken to hospital for treatment, in a conscious state and not in a life-threatening condition, police said. Police declined to comment immediately on the man's motive. Reporting by Louise Breusch Rasmussen, editing by Terje SolsvikOur Standards: The Thomson Reuters Trust Principles.

☆ Denmark, Netherlands to donate 14 Leopard 2 tanks to Ukraine
▼ + stars: | 2023-04-20 | by ( ) www.reuters.com time to read: 1 min

COPENHAGEN, April 20 (Reuters) - Denmark and the Netherlands will jointly donate 14 Leopard 2 tanks to Ukraine, the two countries said on Thursday. The Leopard 2A4 tanks, which will be bought from a third party and refurbished, are expected to be delivered in the first quarter of 2024, they said in a joint statement. "It is absolutely crucial for the hope of a peaceful and secure Europe that we do not let the Ukrainians fight the battle alone," Denmark's acting Defence Minister Troels Lund Poulsen said. In February, Denmark, Germany and the Netherlands also announced they will pool resources to restore at least 100 old Leopard 1 tanks from industry stocks and supply them to Ukraine this year and next. Reporting by Nikolaj Skydsgaard, Louise Rasmussen, editing by Terje SolsvikOur Standards: The Thomson Reuters Trust Principles.

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