Edition:
United States

Gwladys Fouche

Equinor reduces 2019 capex spending view after second quarter lags

Jul 25 2019

OSLO European oil major Equinor said on Thursday it expects less capital expenditure this year, partly due to further cost savings at its Johan Sverdrup oilfield, after reporting quarterly earnings slightly below forecasts.

Norsk Hydro shares jump as Brazil operations ramp up

Jul 23 2019

OSLO Aluminum producer Norsk Hydro has managed to ramp up operations at its Alunorte refinery in Brazil despite a cyber attack in March, the firm said on Tuesday, boosting its shares.

Norway's Telenor CEO sees decision on 5G supplier in fourth quarter

Jul 16 2019

OSLO Telenor expects to decide on its supplier of 5G technology in the fourth quarter of 2019, its CEO told Reuters, despite having as yet no clarification from Norwegian authorities as to whether Huawei can be one of them.

Norway's Adevinta says new French digital tax may hit earnings

Jul 15 2019

OSLO Online advertising group Adevinta said the newly introduced digital tax in France lacked clarity but would likely hit the Norwegian company's earnings as it posted second-quarter earnings roughly in line with expectations.

Aker BP makes oil discovery off Norway

Jul 12 2019

OSLO Norwegian oil firm Aker BP has made an oil discovery off Norway which could strengthen its hand in negotiations with sometimes partner Equinor on how to develop fields.

Norwegian Air CEO and co-founder Kjos announces his own departure

Jul 11 2019

OSLO Norwegian Air's Bjoern Kjos stepped down on Thursday as chief executive of the airline he co-founded and turned into Europe's third-biggest budget carrier by passenger numbers over more than 25 years. | Video

Norway's DNB bank sees growth in all areas as quarterly income in line

Jul 11 2019

OSLO Norway's DNB said it had seen growth in all business areas as the Nordic region's biggest bank by market value reported second-quarter results in line with expectations on Thursday.

UPDATE 2-Norway's DNB bank sees growth in all areas as quarterly income in line

Jul 11 2019

OSLO, July 11 Norway's DNB said it had seen growth in all business areas as the Nordic region's biggest bank by market value reported second-quarter results in line with expectations on Thursday.

Soviet sub that sank off Norway in 1989 still emitting radiation

Jul 10 2019

OSLO A Soviet nuclear submarine which sank off Norway in 1989 is still emitting radiation, researchers said on Wednesday following an expedition that used a remotely controlled vehicle for the first time.

Shares in Norwegian Air rise after IAG denies report of another offer

Jul 05 2019

OSLO/MADRID Shares in budget carrier Norwegian Air rose on Friday after British Airways and Iberia owner IAG denied a Spanish media report it was preparing another offer for the airline.

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