Edition:
International

Gwladys Fouche

Nordic fund KLP divests from Adani Ports over links to Myanmar military

Jun 22 2021

OSLO (Reuters) -Norwegian pension fund KLP is divesting from Adani Ports and Special Economic Zone Limited on the grounds the company's links with the Myanmar military breach the fund's responsible investment policy, KLP said on Tuesday.

Nordic fund KLP divests from Adani Ports over links to Myanmar military

Jun 22 2021

OSLO, June 22 Norwegian pension fund KLP is divesting from Adani Ports and Special Economic Zone Limited on the grounds the company's links with the Myanmar military breach the fund's responsible investment policy, KLP told Reuters on Tuesday.

Equinor CEO says governments need to open more offshore wind areas

Jun 21 2021

OSLO Countries worldwide should make more offshore areas available for wind farms than they do currently if they want to fulfil their climate ambitions, the chief executive of Norwegian oil firm Equinor told Reuters.

Norway relaxes COVID restrictions as infections plummet

Jun 18 2021

OSLO Norway will begin on Sunday the third major phase of its plan to reopen society from the pandemic as COVID-19 infections continue to decline, Prime Minister Erna Solberg said on Friday.

Oil and gas stocks carry $126 billion cost for Norway's sovereign fund - research

Jun 02 2021

LONDON/OSLO Norway's sovereign wealth fund missed out on $125.8 billion in potential returns over a three year period by investing in oil and gas rather than green stocks, according to research from Global SWF, an industry data specialist.

Ten years after Breivik attacks, survivors seek to confront far-right extremism

Jun 01 2021

UTOEYA, Norway Nearly 10 years after Anders Behring Breivik tried to kill her on the Norwegian island of Utoeya, Astrid Hoem is back there to explain to a group of teenagers how she ran for her life and hid in a beach cove while Breivik murdered others around her.

Norway's wealth fund unlikely to reproduce same high returns, says CEO

May 31 2021

OSLO Norway's $1.3 trillion sovereign wealth fund is unlikely to offer the same high returns in coming decades as it has over the past 25 years, its chief executive Nicolai Tangen said.

Norway's largest pension company to make $245 million 'dark green' investment

May 28 2021

OSLO Norway's largest pension company KLP said it had teamed up with Macquarie Asset Management to invest 200 million euros ($245 million) in a new fund targeting long-term loans in "dark green" infrastructure with zero or near-zero carbon emissions.

Norway should exclude J&J, AstraZeneca from vaccine scheme - panel

May 10 2021

OSLO Norway should exclude the COVID-19 vaccines made by AstraZeneca and Johnson & Johnson from its inoculation programme due to a risk of rare but harmful side-effects, a government-appointed commission said on Monday.

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