Norwegian police have arrested a ship suspected of damaging a telecoms cable between Latvia and Sweden last weekend, according to the Norwegian public broadcaster NRK.

An undersea fiber optic cable between Latvia and Sweden was damaged on Sunday, likely as a result of external influence, Latvia said, triggering an investigation by local and NATO maritime forces in the Baltic Sea.

Lufthansa said on Wednesday it had agreed to receive a stake of 10% in Latvian airline airBaltic, as the German airline seeks to strengthen its international network.

The Russian crew and Norway-owned shipping company are cooperating with the authorities, police say, days after Sweden detained another vessel.

In 2024, 6,116 gigawatt-hours (GWh) of electricity were distributed in Latvia's power grid, which is 1.6 percent more than in the corresponding period a year ago, according to the Electricity Supply Review published by Sadales Tikls power grid operator.

The infantry fighting vehicle sector is forecast to be the strongest segment across the global military land vehicle market.

A subsea cable connecting Latvia to Sweden’s Gotland island is the latest cable to be damaged in the Baltic Sea. Owned by Latvia’s State Radio and Television Centre (LVRTC), the cable’s Ventspils–Gotland segment was damaged early on January 26, at depths of 100m.

Latvia, a small Baltic country, is rapidly emerging as a potential fintech hub in the EU. The country is taking real strides to attract innovative financial companies, and it's worth exploring what sets Latvia apart.

Deutsche Lufthansa AG will buy a 10% stake in Latvian flag carrier AirBaltic AS as the German carrier group continues its consolidation push in Europe.

Lufthansa said on Wednesday it had agreed to receive a stake of 10% in Latvian airline airBaltic, as the German airline seeks to strengthen its international network. The stake will be issued in the form of convertible shares currently at a subscription price of 14 million euros,

Copyright 2025 The Associated Press. All Rights Reserved. Swedish soldiers disembarked in the port of Riga, Latvia, Saturday, Jan. 18, 2025, to join a Canadian-led ...

A subsea data cable between Latvia and Sweden was damaged early Sunday, sparking a criminal investigation, a third such incident in the Baltic Sea in the past three months.