Peder Holk Nielsen, CEO at Novozymes, discusses the EU election results in Denmark, where the far-right came out on top, and says that businesses would rather Europe "come together" on a number of issues.» Read More
*Q1 EBITDA 937 mln DKK vs 814 mln average forecast. COPENHAGEN, May 13- Danish jeweller Pandora raised its annual revenue forecast after quarterly results beat analysts' estimates, providing further evidence its turnaround plan is working and sending its shares to an all-time high.
LONDON, May 5- The yen rose to a two-week high against the dollar on Monday after a survey showed China's manufacturing activity contracted for a fourth straight month, bolstering the safe-haven Japanese currency. In Europe, the biggest mover was the Swedish crown, which lost ground after a report showed industrial production weakening.
LONDON, May 5- European stocks slipped in thin trade on Monday after soft Chinese manufacturing data, while simmering tensions in Ukraine underpinned safe-haven government bonds and gold.
*PEDv killed millions of piglets in North America, Asia. PARIS, May 2- France will ban imports of live pigs, pork-based byproducts and pig sperm from the United States, Canada, Mexico and Japan to protect against a virus that has killed millions of piglets in North America and Asia, a farm ministry official said on Friday.
*IMF cuts Russia 2014 growth forecast to 0.2 percent. MOSCOW, April 30- The International Monetary Fund slashed on Wednesday its already modest 2014 growth forecast for Russia, warning that Ukraine- related sanctions were scaring off investors and were pushing the economy towards recession.
Fracking presents no risk to Novozymes’ bioenergy business, the firm’s CFO told CNBC on Thursday, after it beat first-quarter profit expectations.
*Sector facing multi-billion-dollar funding shortfall. LONDON, April 17- Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector recovering from its worst downturn since the 1980 s. Avance Gas listed this week in Oslo.
*Some companies are shelving or cancelling projects in Russia. WARSAW/ MOSCOW, April 2- Elektrobudowa, a Polish firm that builds power plants, is interested in buying its partner out of a Russian company they jointly own, but there is a problem: the partner firm is owned by a pro-Moscow Crimean politician on the EU's sanctions list.
WARSAW/ MOSCOW, April 2- Elektrobudowa, a Polish firm that builds power plants, is interested in buying its partner out of a Russian company they jointly own, but there is a problem: the partner firm is owned by a pro-Moscow Crimean politician on the EU's sanctions list.
*Shares in Prysmian rise on lower than expected fine. BRUSSELS, April 2- U.S. investment bank Goldman Sachs, the world's top cablemaker Prysmian, Nexans and eight other cable firms were fined a total of 302 million euros by European regulators for running a cartel.
BRUSSELS, April 2- Investment bank Goldman Sachs, the world's top cablemaker Prysmian, Nexans and eight cable firms were fined a total of 302 million euros by EU antitrust regulators on Wednesday for running a cartel. Prysmian received the biggest penalty at 104.6 million euros, which included a joint fine of 37.3 million euros with Goldman Sachs.
MOSCOW, March 24- Russia is at risk of recession as investors pull money out of the country, with growth likely to evaporate if capital outflows reach $100 billion, the head of its largest bank, state-owned Sberbank, said on Monday.
COPENHAGEN/ FRANKFURT, March 21- A deepening economic standoff between Russia and the West over the future of Ukraine has rippled through trading floors and boardrooms, with exporters scrambling to protect revenues and some global financial firms halting services.
COPENHAGEN/ FRANKFURT, March 21- A deepening economic standoff between Russia and the west over the future of Ukraine has rippled through trading floors and boardrooms with exporters scrambling to protect revenues and global financial firms halting services.
This has driven rates on the main routes between Asia and Northern Europe to loss-making levels. The so-called P3 alliance is between the world's three biggest container shipping lines- Maersk Line, a unit of A.P. Moller-Maersk, Switzerland- based MSC Mediterranean Shipping Company and France's CMA CGM.
*China widens yuan trading band, adds risk to market. SHANGHAI, March 17- The Chinese central bank's decision to relax its grip on the yuan has been welcomed as a sign of financial liberalisation, but it is aggravating concerns among foreign executives and investors about their exposure to China in the near term.
MOSCOW, March 14- Russia's central bank on Friday kept lending rates on hold after raising them two weeks ago and said it would fight for financial stability after the standoff with the West over Crimea, which has sent the rouble and stocks tumbling.
COPENHAGEN, March 13- Shares in Danish outsourcing company ISS jumped by more than 15 percent from the offer price after they returned to the Copenhagen stock market on Thursday.
LONDON/ OSLO, March 5- Closer cooperation between China and the United States, the top two greenhouse gas emitters, on combating global warming is boosting prospects for a U.N. deal meant to be agreed next year, the U.N.' s climate chief said on Wednesday.
RIO DE JANEIRO/ LONDON, Feb 25- Brazil's real on Tuesday gained for a fifth session in a row as investors turned less pessimistic on the country's fiscal prospects, but Turkey's lira hit a two-week low versus the dollar after the latest twist in a government corruption scandal.