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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 X.com (link opens in a new browser window)
  • Tuesday, 4 November, 2025
    Elon Musk
    Norway’s oil fund to vote against Elon Musk’s $1tn pay deal at Tesla

    World’s largest sovereign wealth fund is a top-10 investor at US electric vehicle maker

    1 hour ago
    Elon Musk in profile wearing a dark suit, attending an event with a blurred crowd in the background.
  • Monday, 27 October, 2025
    Lithuania
    Lithuania warns it will shoot down suspicious balloons from Belarus

    Aerial violations have forced Baltic country to close its airspace several times, disrupting flights

    A State Border Guard officer examines a large balloon with a package attached, used for smuggling cigarettes at night.
  • Monday, 27 October, 2025
    Saab AB
    Saab ready to open plant in Ukraine for Gripen fighter jets

    Kyiv agrees to buy up to 150 aircraft from the Swedish defence company

    Ukrainian President Volodymyr Zelenskyy and Swedish Prime Minister Ulf Kristersson walk past a Gripen fighter jet
  • Thursday, 23 October, 2025
    Novo Nordisk AS
    Novo Nordisk’s new ‘king’ tightens his grip at obesity drug giant

    Boardroom shake-up at European drugmaker grants Lars Rebien Sørensen wide-ranging powers

    Lars Rebien Sorensen stands in front of an Ozempic injection pen and the Novo Nordisk logo on a blue background.
  • Wednesday, 22 October, 2025
    Arctic
    What bet should business make on the Arctic?

    While the region is promising, there are many hidden barriers to growth

    Colorful houses and apartment buildings on a snowy hillside in Nuuk, Greenland, with a person walking along a snow-covered road.
  • Tuesday, 21 October, 2025
    News in-depthSustainability
    Swedish start-up races to avoid Northvolt-style collapse

    Investors and creditors grow twitchy as Stegra scrambles to resolve worsening funding crisis

  • Thursday, 16 October, 2025
    Ikea
    Ikea boosts US production as Trump tariffs hit furniture makers

    Flat-pack group moves to increase domestic sourcing as it faces tariffs of up to 50% on wood products

    Bedroom furniture and décor, including a floral bedspread and rattan lamps, are displayed in an Ikea store window as a person walks by outside.
  • Tuesday, 14 October, 2025
    Jesper Brodin
    Sweden backs Ikea boss to lead UN refugee agency

    Jesper Brodin nominated by centre-right government after eight years in charge of furniture giant

    Jesper Brodin stands outside an Ikea store, wearing a white shirt with hands on hips, in front of a yellow wall.
  • Monday, 13 October, 2025
    Industrial metals
    Flagship green steel start-up in funding crisis as Europe’s low-carbon ambitions falter

    Stegra, formerly known as H2 Green Steel, struggles to plug gap of up to €1.5bn

  • Friday, 10 October, 2025
    Denmark
    Denmark to spend $8.7bn on F-35 jets and bolstering Arctic security

    Copenhagen faces up to Russian threat on Nato’s eastern flank and US pressure on Greenland with big defence deals

    Two Royal Danish Air Force F-35 fighter jets on the tarmac at Skrydstrup base, with trees in the background.
  • Friday, 10 October, 2025
    Nobel prizes
    Nobel Institute probes peace prize leak after Polymarket surge

    María Corina Machado’s odds surged on online betting site hours before official announcement

    Jørgen Watne Frydnes, chair of the Norwegian Nobel Committee, displays a photo of winner María Corina Machado on his smartphone in Oslo on Friday
  • Friday, 10 October, 2025
    María Corina Machado
    Nobel Peace Prize awarded to Venezuelan opposition leader María Corina Machado

    Win dashes hopes of Donald Trump after US president repeatedly claimed he should be awarded prize

    María Corina Machado smiling as she speaks into a microphone, with a Venezuelan flag visible in the background.
  • Thursday, 9 October, 2025
    US foreign policy
    US and Finland agree to build 11 icebreakers in Arctic security push

    Agreement comes as the Trump administration seeks to increase America’s presence in the region

    Donald Trump and Alexander Stubb sit side by side in the Oval Office during a meeting at the White House.
  • Wednesday, 8 October, 2025
    Nobel prizes
    Trump looms large over Nobel Peace Prize

    US president pressures Norwegian government and independent committee to select him on Friday

    Montage of Trump and Barack Obama holding Nobel certificate
  • Friday, 3 October, 2025
    Finland
    Finland unable to prosecute alleged Baltic Sea cable-cutters, court rules

    Helsinki court dismisses case against tanker crew because alleged sabotage was in international waters

    Finnish Coast Guard officers in a small boat approach the anchored oil tanker Eagle S
  • Thursday, 2 October, 2025
    EU defence
    France detains captain of oil tanker after Denmark drone incursions

    French prime minister says vessel belongs to ‘ghost fleet’ that has been used to subvert sanctions on Russia

    Aerial view of the tanker Boracay, blacklisted by the EU, immobilised off the coast of Saint-Nazaire, France.
  • Wednesday, 1 October, 2025
    Business InsightTech start-ups
    AI and Europe’s quest for a $1tn company

    Swedish start-ups show dilemma over choosing between selling up or betting on becoming huge

    Anton Osika poses with a thoughtful expression, resting his chin on his hand, in front of a beige curtain.
  • Wednesday, 1 October, 2025
    Mette Frederiksen
    Russia’s hybrid war is ‘only the beginning’, warns Danish PM

    Mette Frederiksen says Nato needs to adjust its response to Russian provocations

    Mette Frederiksen speaking while seated at a table, gesturing with her hands
  • Sunday, 28 September, 2025
    Denmark
    Denmark bans civil drones for a week after sightings over military bases

    Danish government says security measures are required ahead of two summits of European leaders

    Police vehicles and an officer are seen near Copenhagen airport
  • Friday, 26 September, 2025
    Europe Express
    Ministers meet to discuss drone defences after ‘hybrid attack’ on Denmark

    Also in this newsletter: meet Germany’s state modernisation minister

    Premium content
    Danish Defence Minister Troels Lund Poulsen speaks at a press conference, with another official seated beside him.
  • Friday, 26 September, 2025
    News in-depthEU defence
    Denmark drone incidents expose European airspace vulnerabilities

    Job of protecting critical national infrastructure grows more complex as Russia tests Nato members

    Silhouettes of drones layered over the European Union flag with yellow stars on a blue background
  • Thursday, 25 September, 2025
    Denmark
    Drones seen at 4 more Danish airports in ‘systematic’ attack

    Airfield used by military shut down for several hours as Europe remains on alert over airspace violations

    A police officer walks near a police car and a yellow vehicle by a restricted area sign after drones were observed in Danish airspace.
  • Tuesday, 23 September, 2025
    Denmark
    Denmark does not rule out Russian involvement in drone ‘attack’

    Nato accuses Moscow of ‘irresponsible’ behaviour over recent airspace breaches

    Police officers stand near a fence and a patrol car at Copenhagen airport after traffic was halted due to drone reports.
  • Saturday, 20 September, 2025
    Nato
    Russia breaches Nato airspace in Estonia

    Italian F-35 jets intercept Russian MiG-31 fighters over Baltic country’s territory

  • Thursday, 18 September, 2025
    Business InsightEuropean companies
    Europe needs to wake up to its internet network vulnerability

    Electricity blackouts show how whole swaths of the economy can be easily knocked out by simple cyber attacks

    Customers use mobile phone flashlights to browse shelves in a dark supermarket during a power outage in Barcelona, Spain on April 28, 2025.
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