Financial / Investment

Yara proposes NOK 20 per share dividend, establishes Clean Ammonia unit

Category: Business News

Yara reports improved fourth-quarter deliveries, offsetting the impact of higher energy cost. Fourth-quarter net income was USD 246 million (USD 0.93 per share) compared with USD 199 million (USD 0.73 per share) a year earlier. “Yara delivers its tenth consecutive quarter with improved capital returns, with increased deliveries and production offsetting the impact of higher […]

Source: GlobeNewswire

Published: February 9, 2021


Norway enlists experts to probe climate opportunities for SWF


Category: Accounting / Financial

The Norwegian government said it has appointed a panel of experts to look into financial climate risk and climate-related investment opportunities in relation to the country’s NOK11trn (€1trn) sovereign wealth fund. Read full article

Source: IPE

Published: February 5, 2021


DNBs New York-kontor: Ser store muligheter med Biden som president

Category: Business News

NEW YORK (E24): Leder av New York-kontoret til DNB, Mats Wermelin, mener USAs nye president Joe Biden vil være bra for norsk industri.

Source: minE24

Published: March 2, 2021


Bloomberg: CEO of Norway’s Wealth Fund Has Too Much Cash for Banks

Category: Business News

Norway’s banks can’t absorb the hundreds of millions of dollars in cash that the new CEO of the country’s wealth fund needs to deposit as part of an agreement he struck to allow him to take on the role. Nicolai Tangen, who started running the world’s biggest sovereign investor last month, agreed to liquidate his […]

Source: Bloomberg

Published: October 1, 2020


Reuters: Norway holds rates at zero, hike still two years away

Category: Business News

Norway’s central bank kept its policy interest rate on hold at a record-low zero percent on Thursday, as expected, and said any increase was still likely to be two years away, in line with its June statement. Economists polled by Reuters unanimously predicted rates would remain on hold on Thursday, but some had expected the […]

Source: Reuters

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