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☆ It's so cold in Finland right now that Celsius and Fahrenheit are the same
▼ + stars: | 2024-01-03 | by ( Jari Tanner | Associated Press | ) www.businessinsider.com time to read: +2 min

It's really, really, really cold in Finland and Sweden right now. It's so cold that Celsius and Fahrenheit are the same. That's minus 40 degrees. AdvertisementFinland and Sweden recorded their coldest temperatures of the winter Tuesday when thermometers plummeted as low as minus 40 degrees Celsius (minus 40 Fahrenheit) as a cold spell grips the Nordic region. Temperatures in the Finnish capital, Helsinki, were expected to hover between minus 15 and minus 20 C (around zero F).

Persons: It's, —, Nils Holmqvist Organizations: Service, SVT Locations: Finland, Sweden, Norway, Swedish, Nikkaluokta, Ylivieska, Helsinki, Arendal, Denmark

The fund is one of a growing number investors and policymakers pushing to put more women in company boardrooms. Its latest move comes as the fund takes stock of its ESG engagement with companies so far this year. This year for the first time the fund analysed the structure of all U.S. pay packages above $20 million to see if they aligned with long-term value creation. As a result of its analysis, the fund voted against more than half of pay packages above this level, the report showed. The fund voted against the pay of Coca-Cola's (KO.N) James Quincey, Apple's (AAPL.O) Tim Cook and PepsiCo's (PEP.O) Ramon Laguarta, the fund's voting record showed.

Persons: Carine Smith Ihenacho, Smith, Smith Ihenacho, James Quincey, Apple's, Tim Cook, Ramon Laguarta, Gwladys, Jane Merriman Organizations: ARENDAL, Reuters, Coca, Reuters Graphics Reuters, Thomson Locations: Norway, boardrooms, United States, Europe, Japan, Arendal

☆ Ukraine alone decides when conditions right for peace talks- NATO's Stoltenberg
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +2 min

ARENDAL, Norway, Aug 17 (Reuters) - It is up to Ukraine to decide when the conditions are right to join any negotiations following the Russian invasion, NATO chief Jens Stoltenberg said on Thursday, emphasising the alliance's unchanged stance after comments this week by a senior colleague. "It is the Ukrainians, and only the Ukrainians, who can decide when there are conditions in place for negotiations, and who can decide at the negotiating table what is an acceptable solution," Stoltenberg said. Speaking at a conference in the Norwegian town of Arendal, he added that NATO's role was to support Ukraine. "His (Jenssen's) message, and which is my main message, and which is NATO's main message, is, firstly, that NATO's policy is unchanged - we support Ukraine," Stoltenberg said. Reporting by Gwladys Fouche in Arendal and Victoria Klesty in Oslo; editing by Terje Solsvik and Keith WeirOur Standards: The Thomson Reuters Trust Principles.

Persons: Jens Stoltenberg, Stoltenberg, Stoltenberg's, Stian Jenssen, Jenssen, Volodymyr Zelenskiy, Gwladys, Terje Solsvik, Keith Weir Organizations: NATO, Kyiv, Victoria Klesty, Thomson Locations: ARENDAL, Norway, Ukraine, Norwegian, Arendal, Russia, Victoria, Oslo

☆ NATO official admits comments on Ukraine giving up territory to gain membership were a 'mistake'
▼ + stars: | 2023-08-16 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Stian Jenssen (left), Director of the Private Office of the NATO Secretary General, talks to the NATO Deputy Secretary General, Mircea Geoana during the informal meeting of NATO Ministers of foreign affairs on May 15, 2022 in Berlin, Germany. NATO official Stian Jenssen on Wednesday said comments he made the previous day regarding Ukraine ceding land in order to gain membership in the military alliance were a "mistake." Jenssen said during a panel debate in Arendal, Norway, "I think that a solution could be for Ukraine to give up territory, and get NATO membership in return," Norwegian newspaper VG reported Tuesday. A NATO press officer directed CNBC to the new VG article when asked for a statement from Jenssen, who is director of the private office of NATO Secretary-General Jens Stoltenberg. His words appeared to be criticized by Ukrainian presidential advisor Mykhailo Podolyak on social media, who called the concept of giving up territory for NATO membership "ridiculous."

Persons: Stian Jenssen, Mircea Geoana, Jenssen, Jens Stoltenberg, Mykhailo Podolyak Organizations: NATO, VG, CNBC Locations: Berlin, Germany, Ukraine, Arendal, Norway, Kyiv

☆ Ukraine angered by NATO official's suggestion that it could 'give up territory' to Russia and get NATO membership in return
▼ + stars: | 2023-08-16 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

A NATO official said Ukraine could give territory to Russia in order to join the military alliance. Ukraine's NATO membership has been a divisive issue among its Western allies. "I think that a solution could be for Ukraine to give up territory and get NATO membership in return," he said, per the Norwegian newspaper Verdens Gang. Ukraine's NATO membership has been a sticking point among its Western allies. "It's unprecedented and absurd when time frame is not set neither for the invitation nor for Ukraine's membership," Zelenskyy said last month.

Persons: Stian Jenssen, Jenssen, Mihaylo Podolyak, Podolyak, Volodymyr Zelenskyy, Zelenskyy Organizations: NATO, Service, Ukrainian, Norwegian, Gang Locations: Ukraine, Russia, Wall, Silicon, Arendal, Norway, Baltic States, France, Germany

☆ 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

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