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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
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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
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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: November 23, 2024
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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
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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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