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Persons: You'll, , Read, It's, We'll, you'll, there's, Homefront, they'll Organizations: Business, Card, Citi Strata Premier, Choice, Read, Choice Hotels, Penn National Gaming, Inc, Resorts, Amtrak, Barclays, Amex, Citi, Capital, American, Premier, Express, Hotels, Diamond, Avis, Cambria Hotels, Alaska Airlines, Aeromexico Club Premier, Czech Airlines, Spirit Airlines, Air, Zealand, Qantas Frequent Flyer, Australia, Alamo, Budget, Bed, Apple, Vinesse, Rocket, Aeromexico Club, Airlines, Virgin Australia, Clubs of America, Fisher House Foundation, Council, International, Polaris, Cosmopolitan, AARP Locations: Cambria, Econo Lodge, U.S, Canada, Mexico, Central America, Caribbean, Asia, Pacific, China, Japan, Europe, Clarion Clarion Pointe, Cambria Hotels, Czech
Shares of Nordea Bank , the Finnish lender, have been labeled "too cheap to ignore" by investment bank Berenberg. Net interest income – earned through the differences in rates offered to savers and borrowers — grew 7% year-on-year to 3.86 billion euros. "Trading on only 7.5x our [financial year] 2025 earnings — an 8% premium to the sector — we think Nordea is too cheap to ignore. However, the Berenberg analyst believes that Nordea's net interest income is relatively resilient, noting that "the market still underappreciates Nordea's [net interest income] stability, in our view, which contrasts favourably to that of more rate-sensitive Nordic peers." The analyst also said that recent challenges, including a slight miss on second-quarter net interest income expectations or a modest cost increase, should not deter investors.
Persons: , Frank Vang, Jensen, Hugh Moorhead, Banks, Moorhead Organizations: Nordea Bank, Moorhead Locations: Helsinki, Finland, Sweden, Norway, Denmark, U.S, Germany, Italy, Switzerland, Moorhead
DNB Asset Management, a Nordic fund giant managing nearly $90 billion as of the end of 2023, dumped a sizable portion of its Nvidia stake after the chipmaker's stunning 2024 run, according to a new regulatory filing. The sale came after Nvidia's jaw-dropping rally that pushed its market valuation above $3 trillion. Still, the rally in Nvidia has recently shown has signs of exhaustion as 2024's bull run broadened out to the unloved pockets of the market. DNB, with about 100 investment funds, had around $88 billion in assets under management as of 2023, according to the firm's website. The European giant had most of its top 10 holdings in the so-called Magnificent Seven stocks, including Microsoft , Alphabet , Nvidia, Amazon , Apple and Meta Platforms.
Persons: Jensen Huang Organizations: Nvidia, U.S . Securities, Exchange Commission, Microsoft, Apple
After a bout of burnout, the pair decided to quit their conversion business and prioritize building a van to travel in. Scarlett and Seth EskelundAfter five years of converting and selling vans, the couple was ready to build their dream oneIn 2018, Seth and Scarlett felt stuck. Since 2018, Seth and Scarlett converted 11 vans, including three they lived in; their builds typically took three to six months. Side-by-side images of the interior of the couple's $127,000 van build. And while they accomplished their dream van, Scarlett said, "You couldn't pay us to do it again."
Persons: , Scarlett, Seth Eskelund, Seth, It's, Scarlett Eskelund, Ram ProMaster, Scarlett Eskelund paddleboarding, van Scarlett, haves, Lula, Sasha, they've Organizations: Service, Business, The New York Times Locations: The, Colorado, Mexico, Canada
Expats in Denmark are among the happiest with their work lives, according to the latest Expat Insider survey from InterNations, the online global community for people who've moved abroad. 1 for where people are most satisfied with their jobs, career opportunities and work-life balance, among other aspects. Denmark ranks highest for two groupings: work culture and satisfaction, as well as work and leisure. Some 84% of expats in Denmark are satisfied with their work-life balance, compared to a global average of 60%; a similar share are happy with their work hours and, on average, work 39.2 hours per week, compared with 42.5 hours for the global average. Many of these factors contribute to the fact that Denmark consistently ranks as one of the happiest countries in the world, according to the annual World Happiness Report.
Persons: who've, Denmark Saudi Arabia Belgium Netherlands Luxembourg United Arab Emirates Australia Mexico Indonesia Austria Ilana Buhl Organizations: Nordic, Denmark Saudi Arabia Belgium Netherlands Luxembourg United Arab Emirates, CNBC Locations: Denmark, InterNations, expats, Denmark Saudi Arabia Belgium Netherlands Luxembourg, Denmark Saudi Arabia Belgium Netherlands Luxembourg United Arab Emirates Australia Mexico Indonesia Austria, Texas, Copenhagen
watch nowThe stakes are high for the NATO alliance as the organization's 75th anniversary summit gets underway in Washington this week. "I think this NATO summit in Washington is an important moment for Joe Biden, he really has to show that he is with it, he's ready to continue to lead not only the United States of America but the NATO alliance," she told CNBC's Dan Murphy. Asked if the summit could be make-or-break for the transatlantic alliance, Gottemoeller replied: "I think it is an extraordinarily important summit for the NATO alliance; I wouldn't say it is a make-or-break. US President Joe Biden participates in the US-Nordic Leaders' Summit at the presidential palace in Helsinki, Finland, on July 13, 2023. US President Joe Biden travelled to Britain on July 9, 2023, to a NATO summit in Lithuania and will end the trip to Europe on July 13, 2023 in Finland.
Persons: Joe Biden, Donald Trump, Rose Gottemoeller, CNBC's Dan Murphy, Gottemoeller, Andrew Caballero, Reynolds, Trump, Vladimir Putin, Defence Lloyd J, Austin III, Rustem Umerov, Jens Stoltenberg, Charles Q, Brown Jr, Omar Havana Organizations: NATO, CNBC's, Nordic, AFP, Getty, Trump, Kyiv, Defence, Ukrainian Defence, United, Joint Chiefs Locations: Washington, U.S, United States, America, Helsinki, Finland, Britain, Lithuania, Europe, Ukraine, Russia, Brussels, Belgium
It seemed like I had just about reached everything I had wished for when my life took a turn. I have accidentally baffled many American parents by raising my children like kids are raised in the Nordics, embracing all types of weather and encouraging them to be independent. AdvertisementAt elementary age, I have them schedule their playdates so they call their friends' parents to organize them. And, after school, I suggest they skip homework to get that essential playtime outside after school instead (the American school day is two to three hours longer than the Finnish one, with less recess). I also don't spend much time entertaining my kids, allowing them to take the lead in creating their own fun.
Persons: I'm, , it's Organizations: Service Locations: Finland, Brooklyn, American
CNN —The NATO summit was long planned to celebrate the alliance’s 75th anniversary, to lock in longterm military support for Ukraine and even to future-proof the West against a possible second term for Donald Trump. But his achievements, including Sweden and Finland’s entry into the group, will be eclipsed at the summit by his battle to save his political future. She added: “At this critical time for our country, President Biden must seriously consider the best way to preserve his incredible legacy and secure it for the future.”Biden will also have an important audience overseas. “Is it going to be President Biden? On the eve of the summit, Biden’s campaign distributed a memo lauding his leadership in keeping Kyiv standing more than two years after the Russian invasion.
Persons: Donald Trump, Joe Biden’s, George H.W, Biden, Sen, Patty Murray, ” Biden, Trump, Vladimir Putin, Kurt Volker, ” Volker, CNN’s Wolf Blitzer, Volker, , Joe Biden, John Kirby, , They’ve, Adam Smith, “ We’ve, CNN’s Jake Tapper, Joe ”, Putin, “ Donald Trump, Republican nominee’s, Emmanuel Macron, Olaf Scholz, Justin Trudeau, Giorgia Meloni, Trudeau, Keir Starmer, CNN’s Alex Marquardt Organizations: CNN, NATO, Trump, Biden, United, Kyiv, Democratic, Senate, House Armed Services Committee, MSNBC, ABC News, Nordic, Republican, NATO Alliance, Canadian, Liberal Party, British Locations: Ukraine, Washington, George H.W . Bush, Sweden, Atlanta, Moscow, United States, Europe, Asia, European, Kyiv, Russian, Soviet Union, NATO, Toronto
I'm an American living in Denmark, and for the first time I am having to play by the cultural and legal rules of Danish summer vacation. When your child starts attending public school, schools close down during the summer period. In Denmark, enjoying a long summer vacation isn't just a perk — it's a right under the Danish Holiday Act, called Ferieloven. The Holiday Act says that employees should ideally inform their employers about their leave plans three months in advance for the main holiday period. AdvertisementNow that I'm a working parent in Denmark, I'm very grateful for getting to experience a new way of spending the summer holidays together with family.
Persons: I'm, I've, it's, Danes Organizations: Service, Danish Locations: Denmark, Danish, Wisconsin
Finland has a history of being the happiest country in the world, and it's among the most gender-equal, too. Many Nordic countries have generous paid leave policies, government-subsidized child care, free college (which can level access to high-paying jobs), pay gap reporting requirements and pay transparency policies. At Framery, a Finnish manufacturing company with roughly 400 employees, the difference between what men and women get paid is roughly 1%. Anni Hallila, Framery's head of people and culture, explains three strategies that helped them effectively close their business's gender pay gap. Salary reviews happen twice a yearFramery's compensation team does a pay audit for their workforce twice a year, Hallila says.
Persons: Anni Hallila, Hallila, Framery Organizations: Nordic Locations: Finland, Framery, Finnish
Tandem, an AI healthcare startup, has raised $9.5 million in seed funding. The startup uses AI to help clinicians reduce admin time, aiding efficiency. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTandem, an AI-powered healthcare startup, has raised $9.5 million in seed funding. This story is available exclusively to Business Insider subscribers.
Persons: , Lukas Saari Organizations: Service, McKinsey, Business Locations: Nordic
The Blue Lagoon geothermal spa near the fishing town of Grindavik, Iceland, on May 23, 2024. Iceland wants tourists to flock to its bubbling hot springs, picturesque ice caps and lunar-like lava landscapes — but not at the expense of its residents or natural environment. "We are trying still to mold the taxation system for the tourism sector for the future," Iceland's Prime Minister Bjarni Benediktsson told CNBC via videoconference. As I see it, we would want to go more toward accession fees to the magnets, as we call them, around the country," Benediktsson said. Iceland's government reinstated its so-called tourism tax at the start of the year, seeking to raise funds for sustainability programs and mitigate the environmental impact of mass tourism.
Persons: Bjarni Benediktsson, Benediktsson Organizations: CNBC Locations: Grindavik, Iceland, Amsterdam, Venice
US designates Nordic neo-Nazi group as terrorists
  + stars: | 2024-06-14 | by ( Jennifer Hansler | ) edition.cnn.com   time to read: +4 min
CNN —The US State Department on Friday designated a Nordic neo-Nazi group and three of its top officials as terrorists. It’s the second time in history that the US has designated a foreign White supremacist organization and its leaders as terrorists. The department designated the Nordic Resistance Movement (NRM) and three of its top officials – Tor Fredrik Vejdeland, Pär Öberg, and Leif Robert Eklund – as Specially Designated Global Terrorists on Friday, according to a statement from spokesperson Matthew Miller. The Trump administration in 2020 designated the Russian Imperial Movement (RIM) and its leaders as Specially Designated Global Terrorists. NRM is a transnational neo-Nazi organization founded in Sweden in 1997, with branches in Norway, Denmark, Iceland, and Finland, according to the State Department.
Persons: – Tor Fredrik Vejdeland, Pär Öberg, Leif Robert Eklund –, Matthew Miller, Biden, Trump, ” Miller, , , Harris Administration’s, , Ian Moss, Donald Trump Organizations: CNN, US State Department, Nazi, White, Nordic Resistance Movement, Terrorists, Russian Imperial Movement, State Department, United, US Intelligence Community, Biden, Department, Bureau, Counterterrorism Locations: Sweden, Norway, Denmark, Iceland, Finland, United States, Europe, South America, Australia, Canada, New Zealand, U.S
Read previewThe US dollar is in a state of "stealth erosion," the International Monetary Fund, or IMF, wrote in a report on Tuesday. This effect masked the shift of central banks and governments out of dollar reserves. Instead, the shares of "non-traditional reserve currencies" have risen, according to the IMF. These include the Australian dollar, Canadian dollar, Chinese renminbi, South Korean won, Singaporean dollar, and Nordic currencies. AdvertisementThe dollar's decline in FX reserves doesn't appear to be about sanctionsThe IMF's report comes amid ongoing discussions about de-dollarization.
Persons: Organizations: Service, International Monetary Fund, Business, US Federal Reserve, IMF, Canadian, South Korean, greenback Locations: Russia, Moscow, Ukraine
The fight over Elon Musk’s pay package and the vote over whether to move Tesla’s headquarters to Texas have been the main focus of attention ahead of the company’s shareholders meeting on Thursday, but not for investors from Nordic countries. Tesla’s major shareholders in Sweden, Denmark and Norway are instead looking to the meeting to bring the issue of labor rights at the automaker to the fore. Behind the campaign is the strike of Tesla’s mechanics in Sweden. Now stretching into its sixth month, the dispute has drawn in unions from across the region that have joined in blockades aimed at bringing the U.S. carmaker to the negotiating table to reach a collective agreement with its Swedish workers. Several of the biggest shareholders in the Nordic countries are urging others to back a proposal that would require Tesla to respect the right of workers to assemble.
Persons: carmaker, Tesla Organizations: Elon, U.S Locations: Texas, Sweden, Denmark, Norway
Mining firm Rare Earths Norway says it has discovered Europe's largest proven deposit of highly prized rare earth elements, potentially reflecting a watershed moment for both the Nordic country and the broader region. One of the few deposits not owned or controlled by China, the discovery of continental Europe's largest rare earths deposit is considered a welcome boost in Europe's bid to break China's rare earths dominance. Alf Reistad, CEO of Rare Earths Norway, told CNBC that the discovery at Fen represents a "great milestone" for the company. "It is important to state that there is absolutely no extraction of rare earth elements in Europe today," Reistad said via videoconference on Monday. Rare Earths Norway said the rare earths deposit in Telemark, roughly 210 kilometers (130 miles) southwest of Oslo, is likely to underscore Norway's position as an integral part of Europe's rare earth and critical raw material value chain.
Persons: Alf Reistad, Reistad Organizations: Tech Co, Mining, Nordic, Rare, Norway, CNBC Locations: Mongolia, Baotou, Inner Mongolia, China, Norway, Sweden, Europe, videoconference, Telemark, Oslo
It marked the first time since 1991 that the Swiss air force has operated from a highway. During the Cold War, aircraft in Europe trained to operate from non-traditional airstrips and improvised runways to reduce vulnerability. To reduce their vulnerability to long-range strikes, the air force is focusing on disaggregating and using improvised runways to conduct operations. The fighter aircraft were quickly refueled while their engines were running — a tactic known as hot-pit refueling — before they took off again. Not only for the Norwegian Air Force, but also for the Nordic countries, and for NATO," Chief of the Royal Norwegian Air Force Maj. Gen. Rolf Folland said in a press statement at the time.
Persons: , Russia's, Rolf Folland, They've Organizations: Service, NATO, Business, Swiss, Swiss Army, Norwegian Air Force, Nordic, Royal Norwegian Air Force, Royal Auxiliary Air Force, Commando Locations: Ukraine, Swiss, Europe, Switzerland, Norway, Finnish, Finland, Michigan, Wyoming, Texas
AdvertisementI didn't work in tech when I lived in the Bay Area, but I do nowIn the Bay Area, I worked in marketing and graphic design and did off-and-on work in café management and the brewing industry. The Bay Area didn't fit into his free-spirit mentality, and he also needed a change. In the Bay Area, there was no getting into a job like this "by accident" for me. Moving out of the Bay Area felt like someone turned all the heat off before I boiled to deathWhen I left the Bay Area, I received the type of inner peace I never thought possible. Even people who stayed there feel the same way, they no longer live in that Bay Area, either.
Persons: , Agata Pona, It's, we'd, would've, didn't, couldn't, joggers, Manseen Logan Organizations: Service, SUSO Digital, San Francisco Bay Area, Business, Whole Foods, Poland —, Stanford, Big Tech, Salvadoran Locations: Area, Poland, San Francisco Bay, Poznań, Silicon Valley, California, Portland , Arizona, Texas, Bay, mlogan@businessinsider.com
If true, the loss of a Polish shopping center by means of Russian arson would be shocking on its own. As NATO advances toward the July summit, it's become clear that more comprehensive discussions on addressing the Russian sabotage campaign must take place. Some of the earliest identified acts of Russian sabotage occurred in 2014 at ammunition depots in the Czech Republic killing two and causing $42.5 million in damage. Bulgaria has played a crucial role in supplying ammunition and shells to Ukrainian forces, especially in the early stages of the war. Matthias Merz/picture alliance via Getty ImagesWeapons and training facilities aiding Ukrainian forces are frequent targets.
Persons: , Donald Tusk, MAXIM SHEMETOV, Kaja Kallas, it's, Hannah Beier, Ozempic, Abrams, Matthias Merz, Russia, John MacDougall, Daniel Kochis Organizations: Service, Business, Reuters Estonia's, West, NATO, Scranton Army, BAE Systems, Denmark's Novo Nordisk, BAE, US Army, Getty Images, Energy, NATO Pipeline System, Deutsche Bahn, Investigators, DB, Getty, Kremlin, Ukraine, Center, Hudson Institute, United Locations: Polish, Poland, Wroclaw, Lithuania, Russia, Moscow, Russian, Estonia, Czech Republic, Vrbětice, Bulgaria, Scranton, Pennsylvania, United Kingdom, Ukrainian, Ukraine, Norwegian, Baltic, Bellheim, Germany, Czech, Europe, Berlin, France, Washington, Eurasia, United States, NATO
These are just some of the highlights of “Indigenous Histories,” an absorbing new show recently opened at Norway’s Kode Bergen Art Museum. Andreas Harvik/National Museum/Courtesy Kode Bergen Art Museum“Indigenous Histories” corresponds with fresh thinking about what is and what isn’t fine art. This piece "Oaivemozit/ Galskap/ Madness," from 2013 is part of the Sámi Dáiddamagasiidna (Sámi Art Collection). Sámi Art Collection/Courtesy Kode Bergen Art MuseumAlong with the vibrant color and cultural dynamism, there is righteous anger and political outrage on view, as artists grapple with the legacy of colonial oppression. Sámi Art Collection/Courtesy Kode Bergen Art MuseumThe climate emergency has changed orthodox opinions about Indigenous communities, says Katya García-Antón, who curated the Venice exhibition and is now director of the Nordnorsk Kunstmuseum in Tromsø.
Persons: Brazil’s, , Petter Snare, John Savio, Andreas Harvik, Duhigó, MASP, Katarina Spik Skum, , Philippa Moxon, she’d, Mick Namarari Tjapaltjarri, Máret Ánne Sara, Tate, Anders Sunna, Katya García, Marét Anné Sara, Antón, Djan Organizations: CNN, Bergen Art Museum, National, Bergen Art, Venice Biennale, Nordic, Norwegian, of Locations: Bergen, South America, North America, Oceania, Nordic, Brazil, Peru, Mexico, Canada, Australia, New Zealand, , Kode, Lapland, Zealand, Brazilian, Sápmi, Northern Territory, Norway, Venice, Swedish, Nordnorsk, Tromsø, Oslo, of Australia, Canberra
Finland's F/A-18 Hornets — which used to be the US Navy's standard fighter — are already compatible with NATO air forces. This puts several squadrons of stealth fighters on Russia's northern border, with the potential to penetrate and suppress Russian air defenses, and hit vital targets. "Both Finland's and Sweden's proximity allows NATO air forces to stage closer to the Baltics. Similarly, Sweden's Gotland island — located almost midway in the Baltic, about 60 miles from the Swedish mainland and 80 miles from the Baltic States — provides NATO with an advanced outpost. Their air forces are vital for this Nordic push, and will become very useful to further deter and defend the increasingly contested arctic space with Russia."
Persons: Paul Cormarie, John Hoehn, Sweden's JAS, Finland's, Ian Valley, Hoehn, Cormarie, Michael Peck Organizations: Service, NATO, RAND, Corp, Modern, Institute, Business, Nordic, Gripen, UK's Royal Air Force, Finnish Air Force, US Army, , Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Ukraine, Finland, Sweden, West, Russia, Finnish, Swedish, France, Germany, Warsaw, Poland, Europe, Rovaniemi, US Army Sweden, Baltic States, Baltic, Norway, Norwegian, North, Estonia, Latvia, Lithuania, Gotland, , Pacific, United States, Taiwan, China, Forbes
Why Bolivia is Latin America’s next dining destination
  + stars: | 2024-05-28 | by ( Joe Yogerst | ) edition.cnn.com   time to read: +9 min
Capital city La Paz boasts three eateries — Gustu, Ancestral and Phayawi — currently ranked among the top 100 restaurants in Latin America. Bolivia’s food revolution has also spread to major cities such as Sucre as well as the Uyuni Salt Flats. Rather than fine dining, the ambience is decidedly casual, the tables spread across three floors of an old wooden townhouse in the boho Sopocachi neighborhood of central La Paz. Courtesy PhayawiZero-kilometer goes widerSucre, the nation’s judicial capital in south-central Bolivia, isn’t as cosmopolitan as La Paz when it comes to food. Courtesy Joe YogerstBut that’s not to say that Bolivia’s food revolution has reached every nook and cranny.
Persons: foodways, , Marsia Taha, ” Taha, Taha, Joe Yogerst, Gustu, Claus Meyer, Meyer, , We’re, Sebastián Giménez, It’s, quinoa, it’s, Guadalupe, Joy, Uyuni, Tania López, López, , Tika Organizations: CNN, La Paz, La, Nordic, Michelin, Mercado Central, padres, NASA, Hidalgo Tours Locations: Bolivia, South, Capital, Latin America, La Paz, Sucre, Bolivian, Gustu, Danish, Copenhagen, Lake Titicaca, Phayawi, Basque, altiplano, Argentina, San, city’s, El, Bolivia’s, Hidalgo, Sol
Read previewRussian President Vladimir Putin is targeting a strategic Swedish island that offers mastery over the Baltic Sea, the commander-in-chief of Sweden's army warned this week. Putin's goal is to gain control of the Baltic Sea," Micael Bydén told German news outlets, according to Politico's translation of his remarks. Sweden joined NATO in early March, and the alliance is now the dominant force in the Baltic Sea, thanks in large part to its control of Gotland. Advertisement"If Russia takes control and seals off the Baltic Sea, it would have an enormous impact on our lives — in Sweden and all other countries bordering the Baltic Sea," Bydén said. Swedish military officials watch a Swedish C-130H take off from a non-traditional runway on Gotland Island on October 23, 2021.
Persons: , Vladimir Putin, Putin, Micael Bydén, Bydén, Patrik Orcutt, Ulf Kristersson Organizations: Service, Business, NATO, Nordic, Russia's Ministry of Defence, Moscow Times, US Army, Politico, Sweden's, Financial Times, Gotland Regiment, US Locations: Swedish, Baltic, Gotland, Putin's, Sweden, Russian, Kaliningrad, It's, Rhode, Russia, Bydén, Moscow, Lithuania, Finland, Latvia, Ukraine
I feel so fulfilled by my life in Finland. I was introduced to cross-country skiing when I moved to Finland five years ago, and now it is one my favorite hobbies." Finland is the first place I lived after college and the first place my husband and I lived together. You can follow her journey and life in Finland on Instagram or TikTok. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Jade Ventoniemi, I've, Ventoniemi, Jade Organizations: Southern, NCAA, CNBC Locations: Finland, U.S, Florida, States, Lapland, Kuusamo, Southern USA, American, Lahti
Cars drive near an AMC Theater in New York City on March 29, 2023. The stock, alongside GameStop , surged this week after "Roaring Kitty," the man who inspired the massive short squeeze of 2021, posted online for the first time in nearly three years. The return of Roaring Kitty, whose legal name is Keith Gill, has led AMC shares to more than double since Friday's close. The last time these retail investors rallied around AMC and its stock surged, the movie theater chain was able to avoid bankruptcy. While the acquisitions bolstered the size AMC's theater network, they also levered the company's balance sheet, Handler said.
Persons: Roaring Kitty, Keith Gill, Adam Aron, Eric Handler, Roth, Handler Organizations: AMC, GameStop Locations: New York City
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