Police say that drone sightings have halted traffic at Copenhagen Airport in Denmark.

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• Sources say that ADQ is among the potential bidders for Italy's Catania Airport.

  Two sources familiar with this matter have confirmed that Abu Dhabi's sovereign fund ADQ is a possible suitor for the sale of Catania Airport's operator, in Sicily. The fund has also expressed an initial interest in the asset. Sources, who spoke on condition of anonymity, said that the sale process had not yet begun. However, interest is growing in the asset ahead of any potential launch. Catania, Sicily's principal airport, is Italy's fifth-busiest airport in terms of passenger traffic. The airport is operated under a long-term concession by SAC. This company is owned by the local authorities and chambers. SAC manages Comiso Airport, a smaller airport in southern Sicily. One person said that the proposed terms of sale would sell between 51% to 66% of SAC. LONG-RUNNING PROCESS OF PRIVATISATION People said that the asset's value could range between 500 and 600 millions euros ($580.60 - $696.72 Million). According to one person, the valuation is based on sector multipliers and core earnings expected of more than 30 million euros in this year. This reflects its concessions-based model which, typically, trades below airport freehold assets. The sources say that the Italian civil aviation authority ENAC has been reviewing the draft of the tender for sale. One of the sources added that a green signal is expected by the end of October. This would allow the process to begin in formally. ADQ declined comment. SAC and ENAC didn't immediately respond to our request for comment. In a letter to, Antonino Bellcuore (special commissioner of the Chamber of Commerce of South and East Sicily), which owns a 60.6% share in SAC, expressed his appreciation for ADQ's investment, stating that it demonstrated the value of the asset, and that the path towards privatisation was "the right thing to pursue." Since 2022, the privatisation of Catania Airport has been planned. Italian investment bank Mediobanca is the advisor to guide the sale. Since taking office as Italian Prime Minister in 2022, Giorgia Mello has pursued stronger relations with Gulf nations. Rome signed a strategic partnership this year with the United Arab Emirates. The UAE has committed to invest $40 billion in Italy, across key sectors. ADQ's total assets were $251 billion at the end of 2012, which included energy, transport, and logistics such as Abu Dhabi Airports, and state carrier Etihad Airways.

• Intelligence service: Danes at high risk of sabotage, says

  Thomas Ahrenkiel, Director of the Danish Defence Intelligence Service, said that there is a very high risk of sabotage being committed against Denmark's Armed Forces. Drone incursions Last week, six Danish airports (military and civilian) were temporarily closed in response to what Prime Minister Mette Fredericksen described as a hybrid assault on the country. Ahrenkiel, the Danish intelligence service, believes that Russia is waging an hybrid war both against Denmark and the West. Ahrenkiel, a reporter, said: "This means Russia is using military methods, including aggressively, to put pressure upon us without crossing over into an armed conflict." Troels Poulsen, Danish Minister of Defence, said that Denmark was not under any direct military threat. (Reporting and editing by Terje Solsvik, Anna Ringstrom and Jacob Gronholt Pedersen)

• Two trains collided in Slovakia, causing at least 20 injuries

  Emergency services and local media report that two trains collided on Monday in eastern Slovakia, derailing a locomotive and a carriage, and injuring 20 people. On Facebook, police footage showed the wreckage of the train, a locomotive, and a carriage, which had fallen off the tracks. Paramedics were nearby, treating the injured. The Slovakian rescue service reported that it sent two helicopters as well as several ambulances. TA3 broadcast that at least twenty people had been injured, and hospitals in the area were preparing trauma plans. No immediate reports have been made of any deaths. Police said there were 80 passengers in the trains. Slovak Railways stated that two trains collided where the tracks crossed and turned into a single track, and the cause is under investigation. In a press release, it stated that "at this time, the priority is to rescue and evacuate our passengers and staff." Police said the accident happened near a tunnel in the village of Jablonov nad Turnou. This is about 55 kilometers (34 miles), west of Kosice, the main city of eastern Slovak Region. (Reporting and editing by Alison Williams and Aidan Lewis in Prague, with Jason Hovet reporting from Prague)

• EU starts gradual rollout for digital border system

  On Sunday, the European Union's member states began implementing a new system of entry and exit at their external borders. This involves electronically registering non EU nationals. Over the next six months, the Entry/Exit System will be implemented. This automated system requires that travellers register at border crossings by scanning their passports, and taking their fingerprints and photographs. This move is intended to detect overstayers, combat identity fraud, and prevent illegal migration in the face of political pressure from some EU countries for a more aggressive stance. Magnus Brunner, European Commissioner for Internal Affairs and Migration, said in a press release that the Entry/Exit System was "the digital backbone" of our new European common migration and asylum framework. Six months to adjust Non-EU citizens must register their personal information when they enter the Schengen Area for the first time - this includes Iceland, Norway Switzerland and Liechtenstein. The facial biometric check will be required for subsequent journeys. On April 10, 2026, the system will be fully operational and passport stamping will be replaced by electronic records. Brunner stated that "every third country national arriving at the external border will be subject to identity verification, security screening and registration into the EU databases." On Sunday, at the Bajakovo crossing between Serbia, an EU member, and Croatia, which is a neighbouring state, hundreds, including many Serbians, stood in line for about 20 minutes, before entering booths to be fingerprinted and scanned. Dalibor Vranic from Serbia said, "There were five lanes available, so we spent about 20 minutes waiting in line, and two minutes each (in the booth). The process for British travellers who use the Port of Dover or the Eurotunnel Terminal at Folkestone, or the Eurostar Terminal at London St Pancras, takes place before they leave the UK. EES was only required to be checked on Sunday at Dover and Eurotunnel. Eurotunnel will begin passenger vehicle checks in November and Dover by the end the year. The Eurostar is introducing this new process to some business travellers starting on Sunday. Alex Norris, British Minister of Border Security and Immigration, said: "The UK and EU share a common objective to secure our borders. These modernisation measures will allow us to protect our citizens and stop illegal migration." Reporting by Lili Bayer and James Davey, Kate Holton and Aleksandar Vaovic in Belgrade. Mark Potter is the editor.

• EU starts gradual rollout for digital border system

  On Sunday, the European Union's member states began implementing a new system of entry and exit at their external borders. This involves electronically registering non EU nationals. Over the next six months, the Entry/Exit System will be implemented. This automated system requires that travellers register at border crossings by scanning their passports and taking their fingerprints and photographs. This move is intended to detect overstayers, combat identity fraud and prevent illegal migration in the face of political pressure from some EU countries for a more aggressive stance. Magnus Brunner, European Commissioner for Internal Affairs and Migration, said in a press release that the Entry/Exit System was "the digital backbone" of our new European common migration and asylum framework. Six months to adjust Non-EU citizens must register their personal information when they enter the Schengen Area for the first time - this includes Iceland, Norway Switzerland and Liechtenstein. The facial biometric check will be required for subsequent journeys. On April 10, 2026, the system will be fully operational and passport stamping will be replaced by electronic records. Brunner added that the six-month implementation period would allow member states, travelers, and businesses to adjust to the new procedure. The process will be completed at the border for British travellers who use the Port of Dover or the Eurotunnel Terminal at Folkestone, or the Eurostar Terminal at London St Pancras. From Sunday, EES will only be applied to freight and coach traffic at Dover and Eurotunnel. Eurotunnel will introduce passenger vehicle checks in November and Dover by the end the year. The Eurostar will begin the process with business travellers on Sunday. The British Minister of Border Security and Asylum, Alex Norris, said: "We recognize that EES will be a major change for British travelers. That is why we worked closely with our European Partners to ensure the implementation goes as smoothly and efficiently as possible." Norris stated that "the UK and EU share a common objective to secure our borders, and these modernisations measures will help protect our citizens and stop illegal migration." Reporting by Lili Bayer and James Davey. Kate Holton. Mark Potter edited the article.

• Azeri BTC's daily oil exports for November are expected to increase by 3% m/m.

  The differential between Brent and Urals crudes dated on Wednesday remained unchanged, but the Azeri BTC plan for exports from Turkey's Ceyhan Port in November was set at 15,3 million barrels compared to the 15.4 million barrels exported in October. Calculations showed that Azeri BTC crude exports would increase by approximately 3% per day in November compared to October. Alexander Novak, Deputy Premier of Russia, said that the country has gradually increased its oil production. It was very close to achieving the output quota set by OPEC+ last month. PLATTS WINDOW There were no bids or offerings reported on the Platts Window for Urals, Azeri BTC Blend or CPC blend crudes on Wednesday. According to sources, the U.S. delayed sanctions against Serbia's Russian owned NIS oil company that runs Serbia's sole oil refinery for a week, until October 15. The Nova Ekonomija portal in Belgrade reported this on Wednesday. (Reporting and editing by Kirsten Doovan)

• Container traffic at Rotterdam's port is disrupted by a strike by lashers for higher wages

  On Wednesday afternoon, the largest seaport in Europe, Rotterdam, went on strike for 48 hours to demand higher salaries. Meanwhile in the neighbouring Belgian port's main port Flemish harbourpilots were protesting pension reforms. The FNV union said that all workers of International Lashing Services (ILS) and Matrans Marine Services (Matrans Marine Services), the two lashing firms active in the Dutch ports, stopped working at 3:15 pm (1310 GMT), and will continue their strike to the same time Friday. The FNV stated that during the two-day strike, no container ships can be unloaded or loaded at the port while lashers are securing the ship's cargo. Niek Stam, FNV's spokesman, said: "Without lashers, the entire port grinds to an halt." The Rotterdam Port Authority said that the strike would certainly affect traffic but it is too early to estimate its impact. International Lashing Services and Matrans Marine Service were not available for immediate comment. Port authorities in Belgium have reported that the maritime traffic at Antwerp-Bruges was severely disrupted for four days by Flemish harbourpilots who were protesting federal pension reforms. The port of Antwerp, which normally processes 60-80 ships per day, only processed 31 vessels on February 2, with some delayed or stranded, and others headed to other destinations.

• New York Times Business News - October 8, 2018

  These are the most popular stories from the New York Times' business pages. These stories have not been verified and we cannot vouch for the accuracy of these reports. Tesla unveiled on Tuesday new versions of two of its most popular models: Model Y, and Model 3. These will be sold for $40,000 each and $37,000 separately. A Los Angeles jury on Monday ordered Johnson & Johnson to pay $966 Million to the family a California woman, who died of a rare cancer. The company had been found liable after a lawsuit claiming that its baby powder products caused cancer. The New Jersey Attorney General is investigating whether Uber has misrepresented its safety to drivers and passengers. The European Union executive proposed on Tuesday a steep increase in steel duties as it raced against Chinese competition to protect the steel industry of the EU. This move is likely to impose painful cost on Britain and other trading partners. (Compiled by Bengaluru Newsroom)

• Source: Turkey's southern highway project gets 1.7 billion euro funding

  A source familiar with this matter reported on Monday that Limak Holding, a Turkish company, has received a loan of 1.7 billion euros ($2 billion) from 14 institutions to help build a highway connecting Antalya and Alanya. The source told that 87% of the sustainability-linked credit, with a 14-year maturity, was provided by foreign-capital financial institutions. The agreement for financing was set to be signed in Ankara at a special ceremony on Monday. Source, who spoke on condition of anonymity before the ceremony, stated that the project should be completed in three years. Source: The funding process attracted 2.1 more requests than was required. The highway will reduce travel time between two popular tourist locations on Turkey's south coast from 2 1/2 hours to 36 min. Limak, a construction-to-energy conglomerate, will work with a financing consortium including the Asian Infrastructure Investment Bank, Islamic Development Bank, Silk Road Fund, Akbank, Deutsche Bank, Garanti Bank and Ziraat Bank, the source said. The Antalya - Alanya Highway is 122 km long (76 miles) and will include 84 km of highway, 38 km of connecting road following a corridor at the foothills the Taurus Mountains. $1 = 0.8578 Euros (Reporting and Writing by Ebru Tunicay; Editing by Jonathan Spicer; Ros Russell, Aidan Lewis).

• NTB reports that a drone sighting temporarily disrupts the traffic at Oslo Airport, Norway.

  Oslo Airport in Norway temporarily halted landings on early Monday morning after receiving a report about a drone near the airport. "One or two aircraft waited until the situation could be clarified." Avinor's spokesperson confirmed that no aircraft had left for alternate airports. Norwegian news agency quoted police as saying that they received a report at midnight from a Norwegian Air Pilot who thought he had seen three to five drones while approaching the airport. Avinor confirmed that there have been no more disruptions in air traffic. NTB reported citing the police that this observation was unverified. In recent weeks, drone sightings have caused chaos at European airports including those in Copenhagen, Oslo, and Munich. (Reporting and editing by Kim Coghill; Anna Ringstrom)

• Vilnius Airport suspends all traffic due to possible balloons in the airspace

  Lithuania suspended air traffic on Vilnius Airport because balloons may have flown in its airspace. Flights were diverted to other countries, said the airport operator late Saturday. In recent weeks, drone sightings have caused havoc in European aviation. This has happened at airports such as Copenhagen and Munich. "Attention: the airspace above Vilnius Airport has been closed," the airport stated in a website statement. The closure is expected to last up until 2:30 am local time (2330 GMT). Flights diverted to Poland and Latvia The airport website and airline announcements are the best places to check for updates, according to the statement. According to our information the decision was taken due to an alleged series of balloons headed toward Vilnius Airport. Flights have been impacted as a result," the airport announced on social media. The operator reported that most incoming flights had been redirected towards neighbouring Latvia and Poland while departures had been cancelled. One flight from Copenhagen was diverted to Denmark. In August, NATO member Lithuania said that it had declared an 90-km-long (56-mile-long) no-fly-zone parallel to its border with Belarus in response to drones coming from there. This would allow the armed forces of Lithuania to respond to violations. Lithuania, which is a staunch supporter of Ukraine shares a border of 679 km (422 miles) with Belarus, an ally of Russia. Vilnius, the capital of Lithuania, is located about 30 km away from the border. Reporting by Nerijus Adomiaitis in Oslo and Terje Solsvik Editing by Matthew Lewis, Rod Nickel

• Poland's connection with NATO strategic fuel pipeline will cost $5.5 billion

  Poland announced on Friday that the cost of its plan to connect to a NATO pipe-line network designed to provide fuel to troops in case of war will be 20 billion zlotys (about $5 billion). The ministry and the Polish pipeline operator PERN had signed an agreement earlier in the day to connect the pipelines of the country to the NATO network. Cezary Cezary Tomczyk, Deputy Minister of Defence said: "We're talking about...construction pipelines covering a distance up to 300 km...we're talking about one the largest investments made in the security and safety of the Polish State in the past 30 years." Poland has been trying to connect with the Central Europe Pipeline System of NATO, which was built during the Cold War and transports jet-fuel, diesel, gasoline and naphtha through Belgium, France and Germany. Since the Russian invasion of Ukraine in 2022 and, more recently, the drone incursions by Russia into Ukraine have increased the urgency for this NATO member on its eastern flank. NATO has allocated 60 millions zlotys (60 million dollars) to Poland for the completion of this project, which is expected take several years. Tomczyk said that the NATO has already made a decision on the design and planning of the investment.