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Nordic Investment 2013

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Danske CEO aims to repair bank's image, boost returns

COPENHAGEN Two weeks into his new job as head of Danske Bank , Thomas Borgen is confident he can repair the bank's bruised image and revive returns for shareholders through keeping costs down, being more efficient and by sheer hard work.


Danish economy better than expected, minister says

COPENHAGEN The Danish economy is picking up more speed than expected, albeit from a low level, and the government will not add fresh stimulus, Minister for Economic and Interior Affairs Margrethe Vestager told Reuters.


Norway needs tight budget despite economic dip: minister

OSLO Norway's economic competitiveness is under threat so next year's budget must be tight even though oil revenues could allow the government to stimulate growth, Finance Minister Sigbjoern Johnsen said on Wednesday.


Maersk Line sees shipping overcapacity for five years

COPENHAGEN Maersk Line, the world's biggest container shipping company, sees no quick fix for overcapacity in the industry that it says will continue for at least five years.


Sweden's FSA says ready to force amortization if needed

STOCKHOLM Sweden's financial watchdog, one of Europe's toughest regulators, said on Wednesday it would probably opt to push home-owners to pay down their mortgages if it had to do more to restrain housing debt.


Helsinki bourse chief sees pick-up in listings

HELSINKI Companies are once more seeking to list on Helsinki's stock exchange after a dearth of initial public offerings (IPOs) in recent years, as new banking regulations make it harder for them to borrow funds, the president of Nasdaq OMX Helsinki said.


BlackRock sees strong ETF growth as Nordics catch up

COPENHAGEN BlackRock Inc , the world's largest money manager, predicts that Nordic countries will lead the way as investment in exchange-traded funds (ETFs) achieves unstoppable growth over the next few years.

Opera Software CEO says not aiming to sell firm

OSLO Fast-growing internet software maker Opera is neither seeking a buyer nor is it in the market for any big acquisitions, Chief Executive Lars Boilesen told the Reuters Nordic Investment Summit on Tuesday.


Finnish fund Ilmarinen to shift more to emerging markets

HELSINKI Finnish pension fund Ilmarinen plans to cut the proportion of its equities portfolio it invests in domestic companies over the next 10 years so it can shift more into emerging markets, its chief investment officer said.


Norwegian's grounded Dreamliner may fly again this week

OSLO Budget carrier Norwegian Air Shuttle said its grounded Boeing Dreamliner could return to short haul service as soon as this week and is so confident in the plane it will probably order more.

Global mining downturn to slow in 2014: FLSmidth CEO

COPENHAGEN Danish mining equipment maker FLSmidth & Co expects the current decline in demand to continue this year and next, although at a slower pace, as the world's mining companies hold back on spending. | Video


Summit Date Category
Financial Regulation 2017 Sep 25 - 28 Financial Services / Exchanges
Global Commodities 2017 Oct 9 - 13 Financial Services/Exchanges
Cybersecurity 2017 Oct 30 - Nov 2 Financial Services / Exchanges
Global Investment 2018 Outlook Nov 13 - 17 Financial Services/Exchanges

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