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☆ Icelandic Volcano Calms Down but Risk Remains
▼ + stars: | 2024-01-16 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

Live video footage on Tuesday morning no longer showed signs of molten rock erupting from the ground, even as experts warned that new fissures could emerge at short notice. Grindavik resident Hrannar Jon Emilsson watched his almost-finished house burn down on live TV after the volcano erupted on Sunday. "You sit and watch the news showing everything go up in smoke," Emilsson told Icelandic independent broadcaster Channel 2. It was the second eruption on the peninsula of Reykjanes in four weeks, and the fifth since 2021. The Icelandic Civil Defence, the IMO and other experts are due to meet later on Tuesday to discuss the situation.

Persons: Hrannar Jon Emilsson, Emilsson, Gerhard Mey, Louise Breusch Rasmussen, Tom Little, Terje Solsvik, Bernadette Baum Organizations: Channel, Icelandic Meteorological, Icelandic Civil Defence Locations: REYKJAVIK, Iceland, Grindavik, Reykjanes, Reykjavik, Copenhagen

Workers at state-owned postal company PostNord joined the strike on Nov. 20 and stopped distributing the license plates to Tesla. The state-run transport agency turned down Tesla's request to pick up the license plates itself and also declined to send them via distribution channels other than PostNord. Tesla sued both PostNord and the transport agency in two separate lawsuits, first reported by Swedish business daily Dagens Industri. It said the refusal to deliver license plates could affect "a large number of consumers who ordered a new car from Tesla". The transport agency confirmed to Reuters on Monday that Tesla had filed a lawsuit, believing the agency had not kept its obligations to deliver Tesla's license plates.

Persons: Yves Herman, PostNord, Tesla, Metall, carmaker, Seko, Marie Mannes, Louise Breusch Rasmussen, Terje Solsvik, Bernadette Baum Organizations: REUTERS, Swedish Transport Agency, U.S, Workers, Dagens, IF Metall, Reuters, Thomson Locations: Drogenbos, Belgium, Swedish, Sweden, U.S

☆ Tesla sues Sweden over blocked license plates, business daily DI reports
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

The logo of a Tesla electric vehicle is placed on a car seen outside a dealership in Drogenbos, Belgium November 25, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsCompanies Tesla Inc FollowCOPENHAGEN, Nov 27 (Reuters) - Tesla (TSLA.O) has filed a lawsuit against the Swedish government's Transport Agency over a workers' strike that has blocked the U.S. auto maker's requests for license plates for new vehicles, business daily Dagens Industri reported on Monday. IF Metall, Sweden's biggest manufacturing union, is locked in a fight with Tesla to get a collective bargaining agreement for its mechanics in Sweden. Members of other unions, including postal workers, dockworkers and cleaners have since joined in a sympathy action, resulting in Tesla not getting license plates distributed, among other things. The Swedish Transport Agency was not immediately available for comment.

Persons: Yves Herman, Tesla, Metall, Louise Breusch Rasmussen, Marie Mannes, Terje Solsvik Organizations: REUTERS, Swedish government's Transport Agency, Dagens, IF Metall, Swedish Transport Agency, Thomson Locations: Drogenbos, Belgium, Swedish, Sweden

☆ Iceland shields geothermal plant from risk of volcanic eruption
▼ + stars: | 2023-11-14 | by ( ) www.reuters.com time to read: +2 min

[1/3] Streetworks continue, after cracks emerged on a road due to volcanic activity near Grindavik, Iceland obtained by Reuters on November 14, 2023. Iceland's Justice Minister Gudrun Hafsteinsdottir told state broadcaster RUV that a large dike has been designed to protect the Svartsengi geothermal power plant, located just over six kilometers from Grindavik. A spokesperson for HS Orka, operator of the power plant, told Reuters that the plant supplies power to the entire country although a disruption would not impact power supply to the capital Reykjavik. Seismic activity in southwestern Iceland decreased in size and intensity on Monday, but the risk of a volcanic eruption remained significant, the Icelandic Meteorological Office said in a statement. As of late Monday evening, the volcanic hazard assessment in and around Grindavik was unchanged from Sunday.

Persons: Gudrun Hafsteinsdottir, Louise Breusch Rasmussen, Johannes Gotfredsen, Jacob Gronholt, Pedersen, Christina Fincher Organizations: Reuters, Administration, Facebook, REUTERS Acquire, Rights, Iceland's, RUV, HS, Icelandic Meteorological Office, Thomson Locations: Grindavik, Iceland, Reykjavik, Icelandic

☆ Jewellery maker Pandora raises sales forecast after Q3 profit beat
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +2 min

Pandora products are seen at their store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. Pandora said it now forecasts full-year organic sales growth of 5%-6%, up from 2%-5% previously seen, and said it still expects an operating profit margin of around 25%. Operating profit fell to 920 million crowns ($132 million)from a year-earlier 978 million as costs rose, although this also beat analyst expectations for a profit of 875 million crowns in apoll published by Pandora. Improvement in like-for-like sales was driven by the U.S., as traffic picked up in the region given recent brand initiatives. The affordable luxury brand said its gross margin reached a record 79%, helped by cost savings and price hikes.

Persons: Andrew Kelly, Pandora, apoll, Alexander Lacik, Louise Breusch Rasmussen, Anna Ringstrom, Louise Heavens Organizations: Woodbury, REUTERS, Rights, Pandora, JPMorgan, Thomson Locations: Central Valley , New York, U.S

A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. Orsted, the world's largest offshore wind developer, said in August it may see impairments of 16 billion Danish crowns ($2.3 billion) on its U.S. offshore developments due to supply chain problems, soaring interest rates and a lack of new tax credits. 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. In Massachusetts, two offshore wind developers, SouthCoast Wind and Commonwealth Wind, agreed to pay local utilities to terminate deals that would have delivered around 2,400 MW of energy. Avangrid also canceled a contract to sell power in Connecticut from its proposed 804-MW Park City offshore wind farm.

Persons: Tom Little, Denmark's, Joe Biden, Orsted, Jacob Pedersen, Portugal, France's, Avangrid, Scott DiSavino, Louise Breusch Rasmussen, Ron Bousso, Jonathan Oatis, Josie Kao Organizations: REUTERS, BP, U.S, Analysts, Reuters, Commonwealth, Shell, Energias, Thomson Locations: Nysted, Denmark, U.S, Danish, New York, Massachusetts, Connecticut, Rhode Island and Massachusetts, In Massachusetts, Commonwealth, Spanish, Copenhagen, London, Bengaluru

☆ Danske Bank profits beat forecasts on interest income boost
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +2 min

COPENHAGEN, Oct 27 (Reuters) - Danske Bank (DANSKE.CO) on Friday reported a bigger than expected third-quarter profit, boosted primarily by high interest income, and narrowed its full-year earnings guidance, sending its shares up more than 6%. Danske Bank's results mirror those of rival Nordic banks SEB (SEBa.ST) and Swedbank (SWEDa.ST), which also beat analysts expectations when they published third-quarter results earlier this week. Danske, Denmark's biggest bank, narrowed its 2023 guidance for full-year net profit to a range of 19.5 billion-20.5 billion crowns, from 18.5 billion-20.5 billion previously. Danske's net interest income was up at 9.32 billion crowns from a year earlier 6.29 billion, and just above the 9.09 billion forecast by an LSEG poll of analysts. The bank said it expects net interest income to grow further based on the announced central bank rate hikes.

Persons: Danske, Louise Breusch Rasmussen, Terje Solsvik, Jane Merriman Organizations: Danske Bank, Thomson Locations: COPENHAGEN, Denmark's

☆ Novo Nordisk in $1.3 bln deal to buy hypertension drug
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +1 min

Flags with the Novo Nordisk logo flutter outside their Danish company's offices in Copenhagen, Denmark, September 26, 2023. REUTERS/Tom Little/File Photo Acquire Licensing RightsCOPENHAGEN, Oct 16 (Reuters) - Novo Nordisk (NOVOb.CO) has agreed to buy ocedurenone, a drug for uncontrolled hypertension with potential application in cardiovascular and kidney disease, from KBP Biosciences for up to $1.3 billion, the Danish drugmaker said on Monday. "This deal is closely aligned with our strategic focus on expanding from our core in diabetes into other serious chronic diseases, including through novel drug modalities," Novo said in a statement. The acquisition is expected to close before the end of this year, Novo said, adding that the deal will not impact its operating profit outlook for 2023. Ocedurenone is an orally administered drug that is currently examined in the phase 3 trial CLARION-CKD in patients with uncontrolled hypertension and advanced chronic kidney disease, Novo said.

Persons: Tom Little, Danish drugmaker, Novo, Louise Breusch Rasmussen, Terje Solsvik Organizations: Novo Nordisk, Danish, REUTERS, Rights, KBP Biosciences, CLARION, Thomson Locations: Copenhagen, Denmark, Rights COPENHAGEN, Danish

☆ Novo Nordisk raises full-year guidance again as US sales of Wegovy, Ozempic fly
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +2 min

The Danish drugmaker said it now expects sales growth this year between 32% and 38%, from a previous forecast of 27%-33%. It raised its full-year outlook for growth in earnings before interest and tax (EBIT) to 40-46% from the previous 31-37% range. Novo became Europe's most valuable company this year on soaring demand for weekly injection Wegovy and its lower-dose version Ozempic. The new sales outlook for this year primarily reflects higher expectations for profits related to sales of Ozempic and Wegovy in the United States. Operating profit grew 37% between January and September, with 47% growth in the third quarter.

Persons: Victoria Klesty, Danish drugmaker, Jeffries, Louise Breusch Rasmussen, Jacob Gronholt, Pedersen, Maggie Fick, Terje Solsvik, Susan Fenton, Emelia Organizations: REUTERS, Novo Nordisk, COPENHAGEN, Analysts, Barclays, Novo, Thomson Locations: Oslo, Norway, Victoria, United States, Danish, Wegovy, The Copenhagen, London

☆ Seismologists detected blast-like waves near broken Baltic Sea pipeline
▼ + stars: | 2023-10-13 | by ( ) www.reuters.com time to read: +3 min

[1/4] Estonian Navy conducts an undersea communications cable survey after a subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea was damaged, in the Gulf of Finland, October 10, 2023. Estonian Navy Handout/Handout via REUTERS/File Photo Acquire Licensing RightsCOPENHAGEN, Oct 13 (Reuters) - Nordic and Baltic seismologists said that they had detected blast-like waves on Sunday when a Baltic Sea gas pipeline ruptured but that the data was not strong enough to determine whether explosives were involved. Waves measured after explosions tend to leave different signals to those sent out by earthquakes, the seismologists said. But processing the data had separated the seismic waves from the background noise even though stormy weather in the Gulf of Finland, an arm of the Baltic Sea stretching eastwards into Russian waters, had complicated the analysis, seismologists said. In 2022, the Nord Stream gas pipelines under the Baltic Sea between Russia and Germany were damaged by explosions that authorities have determined were caused by deliberate acts of sabotage.

Persons: Baltic seismologists, Anne Strommen Lycke, NORSAR, seismologists, seismologist Bjorn Lund, Seismologist Jari Kortstrom, Heidi Soosalu, didn't, NORSAR's Lycke, Johannes Birkebaek, Louise Breusch Rasmussen, Ilze, Terje Solsvik Organizations: Estonian Navy, REUTERS, Rights, Reuters, Finland's National Bureau of Investigation, Sweden's University of Uppsala, University of Helsinki, Thomson Locations: Finland, Estonia, Baltic, Gulf of Finland, Handout, Rights COPENHAGEN, Finland's, Russia, Germany, Nord

☆ Denmark, Netherlands, US spearhead creation of future Ukraine air force
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +1 min

Netherlands' Air Force F-16 fighter jets fly during a media day illustrating how NATO Air Policing safeguards the Allies' airspace in the northern and northeastern region of the Alliance, July 4, 2023. REUTERS/Piroschka van de Wouw/File Photo Acquire Licensing RightsCOPENHAGEN, Oct 11 (Reuters) - Denmark, the Netherlands and the United States will spearhead a new international coalition to help Ukraine establish a future air force based on F-16 fighter jets, the Danish ministry of defence said on Wednesday. Denmark and the Netherlands were the first two countries to commit to donating F-16 jets to Ukraine, whose current air force has a fleet of ageing Soviet-era fighter jets, in its war with Russia. "This is a natural move following the leading role Denmark already has in relation to the military support for Ukraine and especially in relation to the donation of F-16 fighter jets," Defence Minister Troels Lund Poulsen said. Reporting by Louise Breusch Rasmussen, Johannes Gotfredsen-Birkebaek, editing by Andrew Heavens, William MacleanOur Standards: The Thomson Reuters Trust Principles.

Persons: de, Troels Lund Poulsen, Louise Breusch Rasmussen, Johannes Gotfredsen, Andrew Heavens, William Maclean Organizations: Air Force, Air, Alliance, REUTERS, Rights, Defence, TV2, Wednesday, Thomson Locations: Netherlands, Rights COPENHAGEN, Denmark, United States, Ukraine, Danish, Russia

☆ Sweden Halts Development Aid to Palestinians
▼ + stars: | 2023-10-10 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

COPENHAGEN (Reuters) - Sweden has temporarily halted development aid to Palestinian territories following a surprise attack by Hamas militants on Israel over the weekend, Development Minister Johan Forssell told a news conference on Tuesday. European Union foreign ministers are meeting on Tuesday to work out divisions among its 27 members over whether to continue aid payments to Palestinians a day after the European Commission backtracked on an announcement suspending all such aid. "We have a new situation after the 7th of October," Forssell told reporters. "Our decision today is that Sweden will ... pause development aid to Palestine until further notice." The government said it had also given the development agency SIDA the task of reviewing aid to Palestinians and to report by the start of December.

Persons: Johan Forssell, Forssell, Neighouring, Forsell, Louise Breusch Rasmussen, Simon Johnson, Tomasz Janowski Organizations: European Union Locations: COPENHAGEN, Sweden, Israel, Palestine, Neighouring Denmark

☆ Denmark to re-start ammunition production at repurchased arms plant
▼ + stars: | 2023-10-07 | by ( ) www.reuters.com time to read: +1 min

Soldiers from the Schleswig Infantry Regiment on drill at the Oksboel Shooting and Training Ground, Jutland, Denmark, March 16, 2023. "Ammunition production in Europe is under severe pressure, and we should also try to find solutions in Denmark to contribute where we can based on Danish needs," Lund Poulsen said in the statement. "It will take time before we are ready with production, but therefore it is also good that we are now getting started with the work," Lund Poulsen added. The plant had previously been owned by a private Spanish company and was in use until 2020. ($1 = 7.0433 Danish crowns)Reporting by Louise Breusch Rasmussen; Editing by David HolmesOur Standards: The Thomson Reuters Trust Principles.

Persons: Ritzau Scanpix, Mads Claus Rasmussen, Ritzau, Troels Lund Poulsen, Lund Poulsen, Louise Breusch Rasmussen, David Holmes Organizations: Schleswig Infantry Regiment, Danish Army Command, REUTERS, Rights, Thomson Locations: Jutland, Denmark, Rights COPENHAGEN, Ukraine, Europe, Elling, North Jutland, Spanish

☆ Sweden announces more military aid to Ukraine but no fighter jets for the moment
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +1 min

STOCKHOLM, Oct 6 (Reuters) - Sweden will send Ukraine a new military support package, worth 2.2 billion crowns ($199 million) and consisting mainly of artillery ammunition, Defence Minister Pal Jonson said on Friday. Jonson told a news conference the government had also formally tasked the armed forces with looking into whether Sweden would be able to send Jas Gripen fighter jets to Ukraine. He however also reiterated that Sweden would for domestic security reasons need to become member of NATO before it would be able to potentially spare any fighter jets. Sweden hopes to join the NATO defence alliance during the fall after its accession has been held up by member states Turkey and Hungary. The new military aid package will be Sweden's 14th to Ukraine since Russia's invasion, taking the total value of the Nordic country's such aid to just over 22 billion crowns.

Persons: Pal Jonson, Jonson, Jas, Palson, Emmanuel Macron, Olaf Scholz, Rishi Sunak, Volodymyr Zelenskiy, Anna Ringstrom, Louise Breusch Rasmussen, Essi Lehto, Philippa Fletcher Organizations: Jas Gripen, NATO, British, Thomson Locations: STOCKHOLM, Sweden, Ukraine, Turkey, Hungary, Granada, Europe, United States, Russia, U.S, Copenhagen

☆ Sweden pledges more military aid to Ukraine, considers fighter jets
▼ + stars: | 2023-10-06 | by ( ) www.reuters.com time to read: +2 min

Swedish Defence Minister Pal Jonson walks to pose for a family photo with other attendees during the informal EU ministerial meeting on defence in Toledo, Spain August 30, 2023. REUTERS/Isabel Infantes/File photo Acquire Licensing RightsSTOCKHOLM, Oct 6 (Reuters) - Sweden will send Ukraine a new military support package worth 2.2 billion crowns ($199 million) - consisting mainly of artillery ammunition - and is looking into sending fighter jets, Defence Minister Pal Jonson said. But he reiterated that Sweden would for domestic security reasons need to become member of NATO before it would be able to potentially spare any fighter jets. The new military aid package will be Sweden's 14th to Ukraine since Russia's invasion, taking the total value of the Nordic country's such aid to just over 22 billion crowns. "It is now important that more countries step up to support Ukraine."

Persons: Pal Jonson, Isabel Infantes, Jonson, Jas, Volodymyr Zelenskiy, Anna Ringstrom, Louise Breusch Rasmussen, Essi Lehto, Philippa Fletcher Organizations: Swedish, REUTERS, Rights, NATO, Thomson Locations: Toledo, Spain, Rights STOCKHOLM, Sweden, Ukraine, Turkey, Hungary, Granada, Russia, Europe, U.S, Copenhagen

☆ SAS slides 95% as Scandinavian airline's shareholders wiped out
▼ + stars: | 2023-10-04 | by ( Louise Rasmussen | ) www.reuters.com time to read: +2 min

COPENHAGEN, Oct 4 (Reuters) - SAS shares slumped by as much as 95% on Wednesday after the airline announced a financial restructuring on Tuesday to prevent bankruptcy, bringing on board big new investors and wiping out the stakes of its more than 250,000 owners. SAS (SAS.ST) said U.S. investment firm Castlelake and Air France-KLM (AIRF.PA) would become new major shareholders alongside the Danish state, and that the airline's stock will be delisted from the Stockholm, Copenhagen and Oslo exchanges. Scandinavian Airlines (SAS) flights are seen listed at Copenhagen Airport Kastrup in Copenhagen, Denmark, July 3, 2022. Shares in SAS, which have tumbled in recent years, traded down 83% at 1144 GMT to 0.05 Swedish crowns ($0.0045). "Management itself has come out to say there was a risk that the shares will become worthless.

Persons: Andrew Kelly, Lind, Jacob Pedersen, Pedersen, Louise Breusch Rasmussen, Anna Ringstrom, Terje Solsvik, Alexander Smith Organizations: SAS, Air France, KLM, France, Scandinavian Airlines, Copenhagen, REUTERS, Lind Invest, Thomson Locations: COPENHAGEN, United States, Danish, Stockholm, Copenhagen, Oslo, Amsterdam, Paris, Denmark

☆ SAS stock dives 95% as restructuring announced
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +1 min

Scandinavian Airlines (SAS) flights are seen listed at Copenhagen Airport Kastrup in Copenhagen, Denmark, July 3, 2022. REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsCOPENHAGEN, Oct 4 (Reuters) - Shares in SAS (SAS.ST) tumbled 95% at market open on Wednesday after the Scandinavian airline announced new big shareholders late on Tuesday in a restructuring that will see the group delisted from bourses and existing ownership stakes erased. SAS said U.S. investment firm Castlelake and Air France-KLM (AIRF.PA) would become new major shareholders in the airline alongside the Danish state following bankruptcy proceedings. Castlelake will take a stake of about 32%, Air France-KLM will own around 20%, Lind Invest 8.6% and the Danish state will hold about 26%, SAS said. SAS shares, which already tumbled in recent years traded down 79% at 0742 GMT to 0.06 Swedish crowns ($0.0054).

Persons: Andrew Kelly, Lind, Louise Breusch Rasmussen, Anna Ringstrom, Terje Solsvik Organizations: Scandinavian Airlines, SAS, Copenhagen, REUTERS, Rights, Air France, KLM, Lind Invest, Thomson Locations: Copenhagen, Denmark, Rights COPENHAGEN, Danish, United States, Stockholm

☆ Saab wins expanded U.S. contract for anti-armour system
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: 1 min

The logo of Swedish manufacturer Saab is seen on a car in Prague June 13, 2012. REUTERS/David W Cerny/File Photo Acquire Licensing RightsCOPENHAGEN, Sept 18 (Reuters) - Swedish defence equipment maker Saab (SAABb.ST) said on Monday the U.S. Department of Defense has expanded a framework deal for AT4 anti-armour systems and Carl-Gustaf ammunition, and placed a new order worth $104.9 million for delivery from 2024 to 2026. The extension of the agreement, which was originally signed in 2019, will allow the U.S. to buy Saab's close combat solutions for up to $422 million, including the new order announced on Monday, Saab said. The latest order will support the U.S. army, U.S. Special Operations Command and the U.S. Marine Corps, Saab said. Reporting by Louise Breusch Rasmussen, editing by Terje SolsvikOur Standards: The Thomson Reuters Trust Principles.

Persons: David W Cerny, Gustaf, Louise Breusch Rasmussen, Terje Solsvik Organizations: Saab, REUTERS, Rights, U.S . Department of Defense, U.S ., Special Operations Command, U.S . Marine Corps, Thomson Locations: Swedish, Prague, Rights COPENHAGEN

View of the Ocean Explorer, a luxury cruise ship carrying 206 people that ran aground, in Alpefjord, Greenland, September 13, 2023. Danish Air Force/Arctic Command/Handout via REUTERS/File photo Acquire Licensing RightsCOPENHAGEN, Sept 14 (Reuters) - A luxury cruise ship that ran aground this week in a remote part of Greenland with 206 people on board was pulled free by a fishing trawler on Thursday. The Ocean Explorer cruise vessel had been stuck since Monday in mud and silt in the Alpefjord national park, some 1,400 km (870 miles) northeast of Greenland's capital Nuuk. The Ocean Explorer leaned to the side during the operation and passengers were not allowed to go outside, Hill said. Sydney-based Aurora Expeditions, which chartered the ship and organised the cruise, did not immediately respond to a request for comment.

Persons: Gina Hill, Hill, SunStone, Essi Lehto, Louise Breusch Rasmussen, Terje Solsvik, Mark Porter Organizations: Danish Air Force, Arctic Command, REUTERS, Rights, Reuters, Maritime Group, Aurora Expeditions, Thomson Locations: Alpefjord, Greenland, Rights COPENHAGEN, Greenland's, Nuuk, Danish, Sydney, Denmark

☆ Sweden to consider sending fighter jets to Ukraine, SR radio reports
▼ + stars: | 2023-09-12 | by ( Louise Rasmussen | ) www.reuters.com time to read: +1 min

[1/2] Sweden's jet fighter JAS 39 Gripen E flies over the Gotland island in the Baltic Sea, May 11, 2022. TT News Agency/Henrik Montgomery via REUTERS/File Photo Acquire Licensing RightsCOPENHAGEN, Sept 12 (Reuters) - The Swedish government is considering donating Gripen fighter jets to Ukraine to help it fight Russia, Swedish public radio (SR) reported on Tuesday, citing unnamed sources. The government wants to know, among other things, how a handover would affect Sweden's defence capabilities and how quickly Sweden could get new Gripen fighters, SR reported. The Netherlands and Denmark have led a push to supply Ukraine with U.S.-made F-16 fighter jets to help counter Russia's air superiority in the war. According to the SR report, Ukraine hopes to receive one division of Gripen jets, made by Sweden's Saab <SAABb.ST>, or 16-18 planes.

Persons: JAS, Henrik Montgomery, Sweden's, Gripens, Louise Breusch Rasmussen, Terje Solsvik, Kevin Liffey Organizations: TT News Agency, REUTERS, Rights, Gripen, Sweden's Saab, NATO, Thomson Locations: Gotland, Baltic, Rights COPENHAGEN, Swedish, Ukraine, Russia, Sweden, Netherlands, Denmark, U.S, Turkey, Hungary

☆ Denmark to donate military aid package to Ukraine, worth $833 mln
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +1 min

Christiansborg Palace is lit in the colours of the Ukrainian flag to show support to Ukraine on the one-year anniversary of Russia's invasion, in Copenhagen, Denmark February 24, 2023. Ritzau Scanpix/Mads Claus Rasmussen via REUTERS Acquire Licensing RightsCOPENHAGEN, Sept 12 (Reuters) - Denmark will donate a package worth 5.8 billion Danish crowns ($833 million) to Ukraine, including tanks, infantry fighting vehicles, tank ammunition and anti-aircraft guns, the ministry of defence said in a statement on Tuesday. The full amount is distributed over three rounds - 4.3 billion this year, 1.4 billion in 2024 and 52 million in 2025, the ministry said. This is the twelfth and largest donation package Denmark has sent to Ukraine since Russia invaded the country in February 2022, the ministry added. ($1 = 6.9626 Danish crowns)Reporting by Louise Breusch Rasmussen, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

Persons: Ritzau Scanpix, Mads Claus Rasmussen, Lars Løkke Rasmussen, Louise Breusch Rasmussen, Ed Osmond Organizations: REUTERS Acquire, Rights, Thomson Locations: Christiansborg, Ukraine, Copenhagen, Denmark, Rights COPENHAGEN, Russia

☆ Luxury cruise ship carrying 206 people runs aground in remote Greenland
▼ + stars: | 2023-09-12 | by ( ) www.reuters.com time to read: +1 min

COPENHAGEN, Sept 12 (Reuters) - A luxury cruise ship carrying 206 people has run aground in remote eastern Greenland with the nearest help by sea days away, the Danish military's Joint Arctic Command (JAC) said on Tuesday. The Ocean Explorer ran aground on Monday in Alpefjord in a national park some 1,400 km (870 miles) northeast of Greenland's capital Nuuk, the JAC said in a statement. "A cruise ship in trouble in the national park is obviously a worry. A spokesperson for Australian cruise operator Aurora Expeditions said in an emailed statement everyone on board was safe and well. The Arctic command said it had asked a cruise ship located nearer to the Ocean Explorer to stay in the area so that it would be able to assist in case the situation changes.

Persons: JAC, Brian Jensen, Louise Breusch Rasmussen, Terje Solsvik, Nick Macfie Organizations: Arctic Command, Explorer, Aurora Expeditions, Thomson Locations: COPENHAGEN, Greenland, Danish, Alpefjord, Greenland's, Nuuk

[1/2] Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023. The Panama Canal Authority has reduced maximum ship weights and daily ship crossings in a bid to conserve water. Container ships are the most common users of the Panama Canal and transport more than 40% of consumer goods traded between Northeast Asia and the U.S. East Coast. Some shipping executives are bracing for more reductions later this year, noting that in 2020 a less severe drought prompted canal operators to reduce crossings to 27 per day. "The Panama Canal is just the latest example."

Persons: Aris Martinez, Max, Drew Lerner, Peter Sand, Steve Ferreira, STRI's Steven Paton, Paton, Brian Bourke, Lisa Baertlein, Marianna Parraga, Elida Moreno, Louise Breusch Rasmussen, Deepa Babington Organizations: Monrovia NSU CHALLENGER, REUTERS, ANGELES, Evergreen Marine, Pacific, Panama Canal Authority, Northeast, U.S ., Smithsonian Tropical Research, El Nino, Central American, Canal Authority, SEKO Logistics, Thomson Locations: Cocoli, Panama, Panama City, HOUSTON, China, U.S, Northeast Asia, U.S . East Coast . U.S, United States, Chile, Brazil, Suez, Gatun Lake, El, U.S . East Coast, Los Angeles, Houston, Copenhagen

☆ Missile hits Swedish SKF factory in Ukraine, killing three
▼ + stars: | 2023-08-15 | by ( ) www.reuters.com time to read: +1 min

STOCKHOLM, Aug 15 (Reuters) - Swedish bearings maker SKF (SKFb.ST) said on Tuesday its factory in Lutsk, Ukraine was hit by a missile overnight, killing three employees. Ukrainian officials said Russian air strikes had hit two western regions of Ukraine and other areas on Tuesday, killing three people and wounding more than a dozen. "Last night there was an attack on the city of Lutsk in Ukraine and our factory has been hit in that attack," SKF's spokesperson Carl Bjernstam said. The world's biggest maker of industrial bearings has around 1,100 employees in Ukraine, the majority of whom work at its Lutsk factory, according to the company's latest earnings report. The report also stated the factory in Lutsk accounted for around 0.5% of SKF's total production volumes in 2022.

Persons: Carl Bjernstam, Bjernstam, Louise Breusch Rasmussen, Anna Ringstrom, Alexandra Hudson Organizations: Marine Mannes, Alexandra Hudson Our, Thomson Locations: STOCKHOLM, Swedish, Lutsk, Ukraine, Russian, Stockholm, Copenhagen

☆ Denmark to look for 'legal tool' to prevent Koran burnings
▼ + stars: | 2023-07-30 | by ( ) www.reuters.com time to read: +1 min

COPENHAGEN, July 30 (Reuters) - The Danish government will seek to "find a legal tool" that would enable authorities to prevent the burning of copies of the Koran in front of other countries' embassies in Denmark, Foreign Minister Lars Lokke Rasmussen told the national broadcaster DR on Sunday. "The burnings are deeply offensive and reckless acts committed by few individuals. These few individuals do not represent the values the Danish society is built on," Rasmussen said separately in a statement. Both countries have said they deplore the burning of the Koran but cannot prevent it under rules protecting free speech. Reporting by Louise Breusch Rasmussen Editing by Frances KerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Lars Lokke Rasmussen, Rasmussen, Louise Breusch Rasmussen, Frances Kerry Organizations: DR, Thomson Locations: COPENHAGEN, Danish, Denmark, Sweden

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