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STOCKHOLM (AP) — A ferry that had ran aground last month off southeastern Sweden and started leaking oil into the Baltic Sea was pulled free on Wednesday and anchored nearby, the Swedish Coast Guard said. The Marco Polo, operated by the TT-Line of Germany, was operating a route along Sweden’s coast between the cities of Trelleborg and Karlshamn when it ran aground on Oct. 22 and started leaking oil. The ferry wasn't at risk of sinking despite taking on water, the coast guard said. Earlier, the coast guard said the ferry had suffered “extensive damage” and would eventually be towed into the harbor of Karlshamn. The inspection would be made by a salvage company hired by the TT-Line's insurance firm, the coast guard said.

Persons: Marco Polo, Sweden’s, Ulf Kristersson Organizations: STOCKHOLM, Swedish Coast Guard, SVT, TT Locations: Sweden, Baltic, Germany, Trelleborg, Pukavik, Solvesborg, Malmo, Karlshamn, “, Swedish

☆ The managers of a $5.8 billion fund that's beaten 99% of competitors in the past 15 years share how to find winning value stocks in 2023 using this simple, timeless process
▼ + stars: | 2022-12-05 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

The Tweedy, Browne International Value Fund has outperformed 99% of peers over the past 15 years. Few funds have been a better bet than the Tweedy, Browne International Value Fund (TBGVX) over the past three decades. Perhaps most impressive is that the $5.8 billion Tweedy, Browne International Value Fund has topped 99% of funds in its category in the past 15 years, according to Morningstar. Insider spoke with Wyckoff, Shrager, and Hill about their investing process and where they see opportunities for international stocks in 2023. Value stocks and international companies should outperform their growth and US-based peers, in his view.

☆ Some farmers in Europe are shutting operations and reducing production because of the energy crunch, adding to the global food crisis
▼ + stars: | 2022-09-08 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Europe faces a potential energy shortage this winter as Russia slows its natural-gas supply. The surge in natural-gas prices is hitting farms that rely on energy to produce food. A top Swedish tomato producer is halting winter plantings and Dutch greenhouses are scaling down. As energy is required throughout the food production process, farmers and food producers are feeling the pinch from red-hot prices with some halting or slowing output in the colder months ahead. That's because Nordic Greens had already locked in tomato prices earlier in the year when electricity prices were lower, explained the company's site manager Mindaugas Krasauskas.

Numai că nu a fost vorba despre un misterios fenomen meteorologic, cum au crezut mulți, ci despre efectul unei... noi metode agricole! Pentru a găsi originea culorii violet în care s-a colorat cerul la Trelleborg, trebuie să ieși din oraș și să mergi la Gislöv, o comună situată la 7 kilometri depărtare. În fiecare seară este aprins dispozitivul care emite, pe una dintre cele mai vaste culturi de tomate din Suedia, o lumină mov. Problema este că atunci când se evaporă apa, iar norii groși și joși plutesc în atmosferă, lumina se reflectă pe o suprafață vastă în atmosferă și de aici „luminarea” în mov a cerului. Pentru ei, este un pas înapoi, dar intenția nu a fost de a-i enerva pe localnici, au dat asigurări agricultorii.

Persons: Mikael Norén Organizations: Svt Locations: Suedia, Trelleborg

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