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Richard Milne

Nordic and Baltic Bureau Chief

Richard Milne covers Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden for the FT. He was previously capital markets editor, European business correspondent, Frankfurt and Paris correspondents at the FT. He started as a graduate trainee in 2003. He won the business and finance journalist of the year in 2015 at the Press Awards for his coverage of Volkswagen's dieselgate scandal.
Email Richard Milne @rmilneNordic  on Twitter (link opens in a new browser window)
  • Wednesday, 11 December, 2024
    Financial services
    Klarna fined $50mn and reprimanded by Swedish regulator

    Buy now, pay later specialist found to have broken anti-money laundering rules

    The Klarna website on a laptop screen
  • Thursday, 5 December, 2024
    Business InsightNorthvolt AB
    Troubled Northvolt may struggle to find a buyer

    The one-time great European hope for the battery industry faces an uphill task to secure a financial rescue

    Northvolt former CEO Peter Carlsson at the Northvolt gigafactory near the town of Skellefteå, near the Arctic circle in Northern Sweden.
  • Wednesday, 4 December, 2024
    Behind the Money podcast28 min listen
    Why Northvolt failed to become Europe’s battery champion

    How battery maker Northvolt went from Europe’s best-funded startup to filing for bankruptcy

  • Thursday, 28 November, 2024
    Geopolitics
    China’s support for Russia has hurt its relations with Europe, say Nordic and Baltic states

    Leaders warn Beijing’s backing for Moscow and the war in Ukraine is having a negative impact

    (Left to right) Latvian foreign minister Baiba Braze, Norwegian prime minister Jonas Gahr Store, Polish prime minister Donald Tusk, Swedish prime minister Ulf Kristersson, Danish prime minister Mette Frederiksen, Finnish prime minister Petteri Orpo and Estonian prime minister Kristen Michal stand for a family photo during a meeting at the Swedish prime minister’s summer residence, Harpsund on November 27
  • Wednesday, 27 November, 2024
    Ikea
    Ikea warns of potential hit from Trump’s tariffs as earnings halve

    Net profit slides amid campaign to shield consumers from higher inflation

    A customer rests in an armchair inside an Ikea AB store in Khimki, Russia
  • Wednesday, 27 November, 2024
    EU defence
    Tusk calls for naval patrols in Baltic Sea to counter Russian sabotage

    Polish PM urges Europe to act against threats from Moscow without waiting for cues from US

    Polish Prime Minister Donald Tusk at a press conference in Warsaw, Poland
  • Tuesday, 26 November, 2024
    Geopolitics
    Chinese ship linked to cable sabotage urged to move into Swedish waters

    Stockholm steps up probe after two lines were cut in Baltic Sea

    Chinese bulk carrier  Yi Peng 3 in the Kattegat, Denmark, on November 20 2024
  • Monday, 25 November, 2024
    Deutsche Post DHL Group
    One killed as DHL cargo plane crashes in Lithuania

    Police refuse to rule out terrorism as possible cause after recent fires in packages sent from Baltic state

    Emergency workers in protective gear examine debris at the site where a DHL cargo plane crashed into a house near Vilnius, Lithuania. The area is strewn with wreckage and fallen trees.
  • Monday, 25 November, 2024
    FT Globetrotter’s guide to fine-dining in Copenhagen
    Koan: a thought-provoking addition to Copenhagen fine dining 

    Kristian Baumann’s haute mash-up of Korean and Danish cuisine is intense and dazzling

    Mandoo (fried Korean dumpling) nestling on edible flowers at Koan
  • Monday, 25 November, 2024
    FT Globetrotter’s guide to fine-dining in Copenhagen
    Geranium: delicate fine-dining, in a football stadium

    Is the first Danish restaurant to have won three Michelin stars still at the top of its game?

  • Monday, 25 November, 2024
    Northvolt AB
    The Northvolt dilemma: can European EVs avoid relying on Asian batteries?

    Governments, carmakers and investors must recraft the region’s strategy after the fall of the Swedish group

    Workers at the Northvolt gigafactory near the town of Skellefteå, near the Arctic circle in Northern Sweden.
  • Saturday, 23 November, 2024
    Northvolt AB
    Goldman Sachs takes $900mn hit on Northvolt investment

    US bank is second-largest shareholder in Swedish battery maker which filed for Chapter 11 bankruptcy this week

  • Friday, 22 November, 2024
    News in-depthNorthvolt AB
    ‘There was so much promise’: How Northvolt tumbled into bankruptcy

    Battery champion became a symbol of Europe’s ambitions and then its failings on its way to Chapter 11 proceedings

    The Northvolt gigafactory near the town of Skellefteå
  • Friday, 22 November, 2024
    Northvolt AB
    Northvolt chief warns of faltering green transition after battery maker’s bankruptcy

    Europe’s best-funded start-up raised $15bn but was left with just $30mn in cash

    Peter Carlsson speaks to journalists in Stockholm
  • Thursday, 21 November, 2024
    Northvolt AB
    Battery start-up Northvolt files for bankruptcy protection in US

    Europe’s big hope for homegrown manufacturing has struggled with production at its factory in northern Sweden

    Workers at the Northvolt gigafactory near the town of Skellefteå, near the Arctic circle in northern Sweden
  • Wednesday, 20 November, 2024
    Business InsightIPOs
    Klarna’s US listing is a sad reflection of Europe’s failings

    Until there is a single market in areas from services to capital markets, more companies will choose American exchanges

    Sebastian Siemiatkowski, chief executive of Klarna
  • Wednesday, 20 November, 2024
    China
    Chinese vessel spotted where Baltic Sea cables were severed

    Swedish investigators looking into movements of bulk carrier travelling from Russia to Egypt

    A submarine telecommunications cable being laid on the bottom of the Baltic Sea
  • Tuesday, 19 November, 2024
    Germany
    Severing of Baltic Sea cables likely to be sabotage, Germany says

    Defence minister Boris Pistorius says it is unclear who was responsible for ‘hybrid’ warfare tactic

    Boris Pistorius speaks to the press, surrounded by microphones from various media outlets
  • Monday, 18 November, 2024
    Europe
    Germany and Finland ‘deeply concerned’ about severed undersea cable

    Foreign ministers do not rule out sabotage as part of Russia’s ‘hybrid warfare’

    Finnish foreign minister Elina Valtonen and her German counterpart Annalena Baerbock in Porvoo, Finland, in June
  • Sunday, 17 November, 2024
    Northvolt AB
    Northvolt’s future hangs in balance as bankruptcy looms

    Troubled European battery maker in race against time to secure short-term funding

  • Friday, 15 November, 2024
    News in-depthCorporate Person in the News
    Klarna’s Seb Siemiatkowski — from burger flipping to billionaire club

    Swedish entrepreneur born to Polish immigrants seeks to list the ‘buy now, pay later’ fintech in New York

    A montage of Sebastian Siemiatkowski, a Klarna bag and the Klarna logo
  • Wednesday, 13 November, 2024
    Klarna AB
    Fintech Klarna files for IPO in US

    Swedish buy now, pay later pioneer submits documents for widely anticipated flotation

    Klarna app on a phone
  • Tuesday, 5 November, 2024
    Business InsightElectric vehicles
    Norway shows just how China has advanced in cars

    Brands such as MG, BYD and Xpeng are making big inroads into country’s auto market, competing on quality as well as price

    A BYD 07 EV model electric car is displayed at the Beijing Auto Show
  • Thursday, 31 October, 2024
    Global Economy
    Western consumer groups unconvinced by China’s economic stimulus efforts

    Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidence

    A bar worker carries a tray of Carlsberg beer in Copenhagen, Denmark
  • Thursday, 31 October, 2024
    AP Møller-Maersk AS
    Maersk chief predicts intensifying trade tensions after US elections

    Increasing gap between export growth from China and west could lead to increasing hostilities, says Vincent Clerc

    The Gudrun Maersk container ship is docked at the Yangshan Deepwater Port in Shanghai, China. The ship is heavily loaded with stacked shipping containers, and large cranes are positioned above.
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