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NEW YORK, June 20 (Reuters) - Savers Value Village (SVV.N) said on Tuesday it aims to raise up to nearly $320 million for an initial public offering that would value the U.S. thrift store operator at about $2.7 billion. Savers Value Village, owned by private equity firm Ares Management Corp (ARES.N), plans to sell up to 18.8 million shares at $15 to $17 apiece, regulatory filings showed. Based in Bellevue, Washington, Savers Value Village is one of the largest retailers of secondhand clothing, books, toys, shoes and household goods, with 317 stores in the United States and Canada. Revenue totaled $1.44 billion in 2022, up 19% from the prior year, while net income was flat at $84.7 million. Ares Management will retain an 88% stake in Savers Value Village after the IPO.

Persons: Morgan, Jefferies, Goldman Sachs, Chibuike Oguh, Lance Tupper, Richard Chang Organizations: YORK, Energy, Kodiak Gas Services, reinsurer Fidelis Insurance Holdings, Ares Management Corp, Revenue, Management, Canada's, Norges, Investment Management, J.P, UBS, underwriters, New York Stock Exchange, Thomson Locations: Cava, Bellevue , Washington, United States, Canada, Canada's Ontario, New York

☆ Eve agrees on potential sale of up to 150 flying cars
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: +1 min

SAO PAULO, June 20 (Reuters) - Electric aircraft maker Eve (EVEX.N), controlled by Brazil's Embraer (EMBR3.SA), said on Tuesday it has signed letters of intent for potential sales of its "flying car" to Voar Aviation, Nordic Aviation and Wideroe Zero. Under the new agreements, Eve said in a statement, Voar would operate its eVTOLs in Brazil's main metropolitan areas and popular tourist destinations, such as Sao Paulo, Florianopolis and Salvador. Wideroe Zero's parent Wideroe is already an Embraer customer for conventional jets, currently having three E190-E2 aircraft in its fleet. Its low-carbon unit envisions all domestic short-haul flights to be electric as part of Norway's goal of achieving carbon-neutral aviation by 2040. Reporting by Gabriel Araujo; Editing by Kirsten Donovan and Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Eve, Norway's, Gabriel Araujo, Kirsten Donovan, Louise Heavens Organizations: SAO PAULO, Electric, Brazil's Embraer, EMBR3, Voar Aviation, Nordic Aviation, Wideroe, Nordic, Embraer, Thomson Locations: Brazil's, Sao Paulo, Florianopolis, Salvador, Scandinavia

☆ Self-driving truck company Einride expands into Norway
▼ + stars: | 2023-06-16 | by ( Johannes Birkebaek | ) www.reuters.com time to read: +2 min

COPENHAGEN, June 14 (Reuters) - Swedish electric self-driving truck company Einride expects to reduce CO2 emissions in Norway by 2,100 tonnes over the coming three years as it partners up with Scandinavia's leading postal service, PostNord, the company said on Wednesday. Using Einride's electric trucks, PostNord will reduce its fossil-fuel-driven deliveries in Norway by more than 1,500 km (932 miles) per day. Many goods can be transported with zero-emission vehicles, resulting in a significant environmental benefit, according to assistant director of sustainability at PostNord Norway, May-Kristin Willoch. Swedish start-up Einride driverless electric truck is seen in Jonkoping, Sweden May 15, 2019. Self-driving technology for freight trucks has attracted investor attention in recent years as it is deemed cheaper and easier to roll out than self-driving cars.

Persons: Robert Falck, Kristin Willoch, Ilze, PostNord, Johannes Birkebaek, Mark Potter Organizations: REUTERS, Einride, Thomson Locations: COPENHAGEN, Swedish, Norway, Jonkoping, Sweden, Oslo, Denmark

Henriette Borgund knows attackers can find weaknesses in the defences of a big renewables power company - she's found them herself. She joined Norway's Hydro (NHY.OL) as an "ethical hacker" last April, bringing years of experience in military cyberdefence to bear at a time of war in Europe and chaos in energy markets. They're nervously monitoring a hybrid war where physical energy infrastructure has already been targeted, from the Nord Stream gas pipelines to the Kakhovka dam. It said Russia had tried to destroy digital networks and cause power cuts, and that missile attacks on facilities were often accompanied by cyberattacks. "Companies in the energy space, their core business is producing energy, not cybersecurity," said Jalal Bouhdada, CEO of cybersecurity firm Applied Risk, a division of DNV.

Persons: Nora Buli, Henriette Borgund, she's, shoring, Michael Ebner, cyberattacks, didn't, Swantje Westpfahl, James Forrest, Cem Gocgoren, Stephan Gerling, Mathias Boeswetter, Leonhard Birnbaum, Jalal Bouhdada, Nina Chestney, Christoph Steitz, America Hernandez, Paris Pavel Polityuk, Guy Faulconbridge, Pravin Organizations: REUTERS, Norway's Hydro, Reuters, Hydro's Oslo, Hydro, Ukraine, cyberattacks, Germany's Institute for Security, TRITON, Triton, Svenska, ICS CERT, University of Tulsa, E.ON, " Companies, Pravin Char, Thomson Locations: Norwegian, Fosen, Norway, Ukraine, OSLO, LONDON, FRANKFURT, Europe, Nord, Russia, Ukrainian, Moscow, United States, Russian, Capgemini, Saudi, Swedish, DNV, Oslo, London, Frankfurt, Paris, Kiev

An internal Union Investment document seen by Reuters shows that the firm received just 30 responses to its outreach. Although consumer goods manufacturers are particularly exposed, other sectors that import goods associated with deforestation, including commodities houses and industrials companies, will also face scrutiny. Consumer goods makers are counting on technology such as satellites and artificial intelligence to help eradicate deforestation from their supply chains. Several large consumer goods companies say they are close to meeting their ambitious zero-deforestation goals. "The EU rules make deforestation a financial risk as well as an environmental risk."

Persons: Ueslei Marcelino, Henrik Pontzen, Pontzen, Janus Henderson, Jonathan Toub, haven't, Snorre Gjerde, Christophe Hansen, Magdi Batato, Kit Kat, Nestlé, David Croft, Reckitt's, Arild Skedsmo, Richa Naidu, Kate Abnett, Matt Scuffham, David Evans Organizations: REUTERS, Reuters, EU, Germany's, Investment, Unilever, ESG, Union Investment, Nestle, Pepsico, Danone, L'Oreal, KLP, Aviva, Fidelity International, Reckitt, UN Food and Agriculture Organization, Consumer, Thomson Locations: Uruara, Para State, Brazil, NBIM, Nescafe, London, Brussels

☆ Oreo-maker Mondelez faces Nordic backlash over Russia business
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +2 min

OSLO, June 12 (Reuters) - Mondelez International (MDLZ.O), facing a widening corporate boycott in the Nordic region over its continued presence in Russia, said late on Sunday it had asked to meet with the Norwegian government to protect its local business. Airlines SAS and Norwegian Air, railway group SJ, hotel chain Strawberry, retailer Elkjop, shipping group Fjord Line and the Norwegian Football Association were among those announcing in recent days that they would stop selling Mondelez products. Although some Western companies sold their Russian assets after Moscow's invasion of Ukraine last year, others such as Mondelez have stayed despite pushback from employees in other countries. Nordic companies said their decision stop selling Mondelez products was based on an announcement this year by Ukraine's National Agency for the Prevention of Corruption to blacklist the snack maker and other groups. Mondelez said it maintained "limited" activity in Russia while halting investment and advertising, and had condemned the war.

Persons: Mondelez, Terje Solsvik, Gerry Doyle Organizations: Mondelez, Airlines SAS, Norwegian Air, SJ, Norwegian Football Association, Ukraine's National Agency for, Coop Norge, Thomson Locations: OSLO, Nordic, Russia, Norwegian, Norway, Sweden, Ukraine, U.S

It comes as hydrogen technology is getting a boost from favourable legislation in the United States and Europe, which are both seeking to strengthen the technology to help carbon dioxide-heavy industries, including steel and chemicals, to decarbonise. "A potential IPO would enlarge the financial flexibility of Thyssenkrupp Nucera and raise its profile as a leading supplier of technology for the production of green hydrogen," he said. The listing, which is run by Citi (C.N) and Deutsche Bank (DBKGn.DE), will primarily consist of new shares, Thyssenkrupp Nucera said. First-half sales were up 74% at 306 million euros, while the group's earnings before interest and tax rose 87% to 13.3 million euros. "With our electrolysis technology we want to shape a new era of the energy transition," said Werner Ponikwar, chief executive of Thyssenkrupp Nucera.

Persons: Nora, Italy's De Nora, DNR.MI, Miguel Lopez, Thyssenkrupp, Thyssenkrupp Nucera, De Nora, Nora's, Norway's Nel, Werner Ponikwar, Christoph Steitz, Tom Kaeckenhoff, Francesca Landini, Miranda Murray, Clarence Fernandez, Sharon Singleton Organizations: Reuters, Citi, Deutsche Bank, Thyssenkrupp, Britain's ITM, Energy, U.S ., Thomson Locations: FRANKFURT, DUESSELDORF, Ukraine, United States, Europe, U.S

☆ No rush to start clock at changeover, Djokovic argues with umpire
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: +1 min

[1/2] Tennis - French Open - Roland Garros, Paris, France - June 11, 2023 Serbia's Novak Djokovic speaks to the umpire during his final match against Norway's Casper Ruud REUTERS/Clodagh KilcoyneJune 11 (Reuters) - Novak Djokovic complained to the French Open final umpire that he was too quick to start the clock at changeovers in the first set on Sunday. The Serbian, chasing a record-breaking 23rd men's singles Grand Slam title at Roland Garros, expressed his frustration with Benoit Dumusois after losing a game that put his opponent Casper Ruud 6-5 up. "You start (the clock), I've not even come to the bench, why are you rushing?" "You can wait for us to sit down and call the score (and then start the clock). We're playing one hour and 10 minutes, it's a (possible) five setter in Grand Slam on clay."

Persons: Roland Garros, Serbia's Novak Djokovic, Norway's Casper Ruud, Clodagh, Novak Djokovic, Benoit Dumusois, Casper Ruud, I've, Djokovic, Dumusois, We're, Julien Pretot, David Holmes Organizations: French, Thomson Locations: Paris, France, changeovers

☆ Shaped by hardship, Djokovic grateful for 'tennis mother' and 'tennis father'
▼ + stars: | 2023-06-11 | by ( Julien Pretot | ) www.reuters.com time to read: +3 min

So there was a lot of adversity and it was a very challenging time for everyone in my country. But my parents still decided to support me in my dream, which was to become a professional tennis player and hopefully win Wimbledon and be number one in the world." Djokovic reaped the rewards of spending time with another major figure in his life, Jelena Gencic, who he called his 'tennis mother', with Pilic being the 'father'. His parents, Srdan and Dijana, were former skiers but had no tennis background, and Djokovic was grateful that they took a leap of faith with him. "He never played tennis.

Persons: Novak Djokovic, Djokovic, Niki Pilic's, Norway's Casper Ruud, Jelena Gencic, Pilic, Julien Pretot, Toby Davis Organizations: Wimbledon, Thomson Locations: Serbia, Munich, Germany

☆ French Open men's final to start under closed roof
▼ + stars: | 2023-06-11 | by ( ) www.reuters.com time to read: 1 min

[1/2] Tennis - French Open - Roland Garros, Paris, France - June 11, 2023 Serbia's Novak Djokovic walks out ahead of the men's singles final against Norway's Casper Ruud REUTERS/Clodagh KilcoynePARIS, June 11 (Reuters) - The French Open men's final between Serbia's Novak Djokovic and Norway's Casper Ruud will start under a closed roof with rain showers forecast in Paris on Sunday. The retractable roof was first used in the 2020 edition of Roland Garros and that year, as the tournament was played in September and October amid the COVID-19 pandemic, the final was effectively played indoors. Djokovic was thrashed in that final 6-0 6-2 7-5 by Spain's Rafael Nadal. The Serbian is looking to win a record-breaking 23rd men's singles Grand Slam title on Sunday. Reporting by Julien Pretot; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Roland Garros, Serbia's Novak Djokovic, Norway's Casper Ruud, Spain's Rafael Nadal, Julien Pretot, Hugh Lawson Organizations: Djokovic, Thomson Locations: Paris, France, PARIS

☆ Ingebrigtsen shatters world record in seldom-run two-mile event at Paris Diamond League
▼ + stars: | 2023-06-09 | by ( Lori Ewing | ) www.reuters.com time to read: +1 min

[1/5] Athletics - Diamond League - Meeting de Paris - Estadio Charlety, Paris, France - June 9, 2023 Norway's Jakob Ingebrigtsen poses as he sets a new world record and wins the men's 2 miles REUTERS/Sarah MeyssonnierPARIS, France, June 9 (Reuters) - Norwegian distance star Jakob Ingebrigtsen shattered the world record in the two mile race at the Paris Diamond League on Friday. The 22-year-old ran seven minutes and 54.10 seconds, smashing Daniel Komen's mark of 7:58.61 set in the seldom-run distance in 1997. It is a somewhat unusual distance and a pretty good record. It's fun to try things you haven't tried before," Ingebrigtsen told NRK before the race. Ingebrigtsen won gold in the 1,500 metres at the 2020 Tokyo Olympics and gold and silver at the 2022 World Athletics Championships.

Persons: Norway's Jakob Ingebrigtsen, Sarah Meyssonnier PARIS, Jakob Ingebrigtsen, Daniel Komen's, haven't, Ingebrigtsen, Lori Ewing, Christian Radnedge Organizations: Diamond, Paris, Charlety, Paris Diamond League, NRK, Thomson Locations: Paris, France

☆ Kipyegon smashes 5,000m world record, Ingebrigtsen breaks two-mile mark
▼ + stars: | 2023-06-09 | by ( ) www.reuters.com time to read: +1 min

"I did not think about the world record. "... when I saw that it was a world record I was so surprised. I just wanted to improve on my personal best, the world record was not my plan." Earlier on Friday, Norway's Jakob Ingebrigtsen smashed the 26-year-old world mark in the two mile race. The 22-year-old ran seven minutes 54.10 seconds at Charlety Stadium, shattering Daniel Komen's mark of 7:58.61 set in the seldom-run distance in 1997.

Persons: Kipyegon, Norway's Jakob Ingebrigtsen, Daniel Komen's, Lori Ewing, Ken Ferris Organizations: Paris Diamond League, Charlety, Thomson Locations: Kipyegon, Letesenbet, Valencia

☆ Norway police could have prevented last year's gay bar shooting, report says
▼ + stars: | 2023-06-08 | by ( ) www.reuters.com time to read: +2 min

[1/2] People embrace near the police line following a shooting at the London Pub, a popular gay bar and nightclub, in central Oslo, Norway June 25, 2022. PST also failed to share the intelligence it had about the shooter with police officers in charge of the surveillance of radicalised individuals. "This is a devastating report," Oslo's governing mayor, Raymond Johansen, told public broadcaster NRK. PST apologised to the victims, their relatives and the nation immediately after the report. The LGBTQ+ community is preparing for the one-year anniversary of the attack on June 25 and the annual Pride celebration on June 23-July 1.

Persons: Terje Pedersen, Raymond Johansen, Beate Gangaas, Marius Dietrichson, Gwladys Fouche, Hugh Lawson Organizations: NRK, Matapour, Thomson Locations: Oslo, Norway, OSLO

☆ Danske Bank raises profit goal, puts Norway retail unit up for sale
▼ + stars: | 2023-06-07 | by ( Nikolaj Skydsgaard | ) www.reuters.com time to read: +3 min

"Danske Bank has during recent years made fundamental changes to refocus the bank, reduce our risk exposure, develop our organisation and accelerate our commercial momentum," said CEO Carsten Egeriis. Rival Nordic banks Nordea (NDAFI.HE) and DNB (DNB.OL) both have long-term ROE targets of more than 13%, while Swedbank (SWEDa.ST) has a goal of at least 15%. Danske Bank is Norway's third-biggest bank after DNB and Nordea with a market share of close to 5%, regulatory data shows. Danske also said it would double investments into the strategic development of the bank, including digital platforms, expert advisory services and sustainability. It plans to maintain its dividend payout ratio of between 40-60% of net profit.

Persons: Carsten Egeriis, Danske, JP Morgan, Nikolaj Skydsgaard, Terje Solsvik, Jason Neely Organizations: Bank, Danske Bank, Danske, Nordic, Thomson Locations: COPENHAGEN, United States, Denmark

☆ Swiatek serves up double bagel as Gauff, Rune advance
▼ + stars: | 2023-06-03 | by ( Julien Pretot | ) www.reuters.com time to read: +2 min

PARIS, June 3 (Reuters) - Defending champion Iga Swiatek continued her imperious march towards a third French Open title in four years with a 6-0 6-0 humiliation of Wang Xinyu on Saturday to reach the fourth round. Gauff ended the run of fellow teenager Mirra Andreeva with a 6-7(5) 6-1 6-1 victory, recovering from a tough start against the 16-year-old Russian. Swiatek was in dazzling form on Saturday, dishing out a double bagel to Wang - the fourth time she has won a set 6-0 in the first three rounds. In the men's draw, Holger Rune took a step closer to becoming Denmark's first male Grand Slam singles champion when he powered past Argentine qualifier Genaro Alberto Olivieri 6-4 6-1 6-3. In the distance is a possible repeat of last year's quarter-finals as Norway's Casper Ruud overcame a slow start to down Zhang Zhizhen of China 4-6 6-4 6-1 6-4 and reach the fourth round.

Persons: Iga Swiatek, Wang Xinyu, Coco Gauff, Gauff, Mirra, Swiatek, Wang, Elena Rybakina, Sara Sorribes Tormo, I'm, Rybakina, Holger Rune, Denmark's, Genaro Alberto Olivieri, Norway's Casper Ruud, Zhang Zhizhen, Shrivathsa Sridhar, Ed Osmond Organizations: Wimbledon, Argentine, Thomson Locations: China, Paris

[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

☆ Ruud, Rybakina gain momentum at French Open
▼ + stars: | 2023-06-01 | by ( Shrivathsa Sridhar | ) www.reuters.com time to read: +2 min

Ruud, who was beaten by Rafa Nadal in last year's final, is aiming to capitalise on the 14-times champion's absence through injury this year and looked rock solid for much of his 6-3 6-2 4-6 7-5 victory over Italian qualifier Giulio Zeppieri. "It was a tough match," Ruud said. In a normal match I would have won 6-3 6-2, but here you have the chance to fight like he did. That's the only reason why I'm good at tennis, because I'm half Czech." Croatian Borna Coric was made to work hard by Pedro Cachin before the 15th seed prevailed 6-3 4-6 4-6 6-3 6-4 while it was the end of the road for Australian 18th seed Alex de Minaur who fell to a 6-3 7-6(2) 6-3 defeat by Tomas Martin Etcheverry.

Persons: Roland Garros, Norway's Casper Ruud, Sweden's Elias Ymer, Casper Ruud, Elena Rybakina, Linda Noskova, Ruud, Rafa Nadal, Giulio Zeppieri, Mirra Andreeva, Frenchwoman Diane Parry, Kayla Day, Madison Keys, Coric, Pedro Cachin, Alex de Minaur, Tomas Martin Etcheverry, Shrivathsa Sridhar, Pritha Sarkar Organizations: Sweden's Elias Ymer REUTERS, Wimbledon, Thomson Locations: Paris, France, PARIS, Czech, Prague, Croatian

☆ Ruud, Swiatek gain momentum at French Open as Sinner punished
▼ + stars: | 2023-06-01 | by ( Shrivathsa Sridhar | ) www.reuters.com time to read: +5 min

In a normal match I would have won 6-3 6-2, but here you have the chance to fight like he did. Up next for Andreeva is 19-year-old Coco Gauff - a player who knows all about negotiating instant stardom, with last year's runner-up having subdued Julia Grabher 6-2 6-3 to set up the third-round showdown. American Kayla Day made no secret of her success after a stunning 6-2 4-6 6-4 win over compatriot Madison Keys, thanking her Czech roots for enhancing her tennis skills. Next for the 22nd seed is American 12th seed Frances Tiafoe, who beat Russian qualifier Aslan Karatsev 3-6 6-3 7-5 6-2. French presence in the singles' draws was ended altogether in the last match of the day when Arthur Rinderknech was knocked out by American ninth seed Taylor Fritz 2-6 6-4 6-3 6-4.

Persons: Roland Garros, Norway's Casper Ruud, Sweden's Elias Ymer, Gauff tames, Casper Ruud, Iga Swiatek, Elena Rybakina, Linda Noskova, Ruud, Rafa Nadal, Giulio Zeppieri, Zhang Zhizhen, Thiago Agustin Tirante, Suzanne Lenglen, Claire Liu, Mirra Andreeva, Frenchwoman Diane Parry, Karatantcheva, Coco Gauff, Julia Grabher, Kayla Day, Madison Keys, Daniel Altmaier, Altmaier, We've, Alexander Zverev, Slovakian Alex Molcan, Frances Tiafoe, Aslan Karatsev, Coric, Pedro Cachin, Alex de Minaur, Tomas Martin Etcheverry, Arthur Rinderknech, Taylor Fritz, Shrivathsa Sridhar, Julien Pretot, Pritha Sarkar, Ken Ferris Organizations: Sweden's Elias Ymer REUTERS, Wimbledon, Argentine, Croatian, Thomson Locations: Paris, France, PARIS, Czech, Prague, Slovakian, American, Tunisian

☆ World's biggest investment fund says firms mismanaging climate risk could face exclusion from next year
▼ + stars: | 2023-05-31 | by ( Sam Meredith | ) www.cnbc.com time to read: +4 min

Bloomberg | Bloomberg | Getty ImagesNorway's $1.4 trillion sovereign wealth fund says it is prepared to start dropping companies for mismanaging climate risk starting next year, adding to the decarbonization pressure that activist shareholders are already piling on firms. It comes shortly after the world's the biggest investment fund said it would vote for shareholder proposals at Chevron and Exxon Mobil's respective annual meetings on Wednesday. Norway's oil fund had refused to back similar shareholder proposals tabled in recent weeks at European oil majors, such as BP and TotalEnergies. Palpable frustrationNorway's oil fund has invested in more than 9,000 companies in 70 countries around the world and acknowledges that "companies care how we vote at AGMs." Bloomberg | Bloomberg | Getty Images

Persons: Carine Smith Ihenacho, Carine Smith, Ihenacho Organizations: Bloomberg, Getty, Chevron, Exxon Mobil's, Norges Bank Investment Management, CNBC, Protesters, Salle Locations: U.S, Paris

Companies Equinor ASA FollowBp Plc FollowWINNIPEG, Manitoba, May 31 (Reuters) - Norway's Equinor ASA (EQNR.OL) said on Wednesday that it will postpone its Bay du Nord Canadian offshore oil project for up to three years, due to rising costs. Ottawa backed Bay du Nord saying that it would produce relatively low emissions. "Bay du Nord is an important project for Equinor. "The (Bay du Nord) economics are positive but if you play around with costs and risk more, it's not going to be the best opportunity in their portfolio," he said. Bay du Nord would be so far from shore - 500 kilometers (311 miles) - that it falls in international waters.

Persons: Justin Trudeau's, ”, Trond Bokn, Equinor's, Equinor, Newfoundland & Labrador Premier Andrew Furey, it's, Mark Oberstoetter, Wood Mackenzie, Rod Nickel, Nia Williams, Marguerita Choy Organizations: ASA, Bp, Equinor ASA, Ottawa, Newfoundland & Labrador Premier, BP, Wood, Sierra Club Canada, Columbia, Thomson Locations: WINNIPEG , Manitoba, du Nord Canadian, Bay, Nord, Newfoundland, Norway, Brazil, Winnipeg , Manitoba

☆ The harness-wearing beluga whale believed to be a Russian spy has popped up in Sweden, puzzling scientists who noted he's traveling 'very quickly away from his natural environment'
▼ + stars: | 2023-05-29 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

A beluga whale wearing a harness that read "Equipment St. Petersburg" appeared in Norway in 2019. Officials said they believed the trained whale was a Russian navy asset that may have escaped. They also said in the Cold War Russia used beluga whales to sniff out mines and torpedoes. The closest beluga whales live farther north, in the Arctic Ocean and the frigid waters north of Norway and around Greenland. Or it could be loneliness, as belugas are a very social species – it could be that he's searching for other beluga whales," Strand said.

TOKYO, May 28 (Reuters) - Proxy adviser Institutional Shareholder Services (ISS) has recommended that shareholders of Toyota Motor Corp (7203.T) vote in favour of a resolution urging the automaker to improve disclosure of its lobbying related to climate change. ISS in a report also said it regarded three of Toyota's four outside board director nominees as not truly independent. Toyota's board said the fluidity of such disclosure made the proposal unsuitable for enshrining in the articles of incorporation. A spokesperson previously said few firms globally have made climate policy engagement-related disclosure to the extent of Toyota. "Toyota does not provide shareholders with enough information to evaluate its lobbying activities," ISS said.

☆ Norway's sovereign wealth fund votes against Chevron and Exxonmobil
▼ + stars: | 2023-05-26 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

London CNN —The world’s biggest investor in the stock market wants ExxonMobil and Chevron to do more to tackle the climate crisis. Norway’s sovereign wealth fund, which holds $1.4 trillion in total assets, announced Friday that it would back calls for the US oil companies to set more aggressive emission reduction targets. It said it would support motions proposed by climate activist group Follow This at the companies’ annual shareholder meetings next Wednesday. ExxonMobil and Chevron (CVX) have urged shareholders to reject them. It holds a 0.86% stake in Chevron and a 1.13% stake in ExxonMobil, according to the latest fund data.

☆ On its first deployment, the US Navy's newest aircraft carrier makes historic visit near NATO's northern frontline with Russia
▼ + stars: | 2023-05-24 | by ( Christopher Woody | ) www.businessinsider.com time to read: +5 min

US Navy aircraft carrier USS Gerald R. Ford arrived in Oslo for a port call on Wednesday. The Ford is the first US aircraft carrier to visit Norway in 65 years, according to the US Navy. During a major NATO exercise in late 2018, USS Harry S. Truman became the first US aircraft carrier to sail into the Arctic in nearly 30 years. Rick Burgess, called it "an honor, joy, and thrill to visit Oslo and show our cherished partner the Navy's newest class of aircraft carriers." USS Gerald R. Ford in the Oslo fjord with Norwegian navy vessels on May 24.

☆ Norway faces backlash from campaigners for 'reckless' pursuit of Arctic oil and gas
▼ + stars: | 2023-05-22 | by ( Sam Meredith | ) www.cnbc.com time to read: +6 min

Norway oil and gas giant Equinor and Vår Energi, one of the country's largest exploration and production companies, confirmed to CNBC that the minister recently issued this call. Frode Pleym Head of Greenpeace NorwayIt is estimated that roughly two-thirds of the country's undiscovered oil resources lies off the country's northern coast in the Arctic's Barents Sea. The alternative to oil and gas is not more oil and gas, it is more energy efficiency and renewable energy." A spokesperson for Equinor told CNBC that the company hoped to see "new attractive acreage in the Barents Sea." Separately, a mid-April study from gas infrastructure operator Gassco said building a pipeline to transport gas produced in the Arctic Barents Sea could be worth re-examining due to the country stepping up its gas exports to Europe.

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