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Jan Erik Back, CFO of Nordic Corporate Bank, SEB, tells CNBC that in quarter one demand and activity levels were slower than usual, but there are signs of a pickup.
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LONDON, May 21- Brent oil futures fell towards $104 per barrel on Tuesday on concerns that the U.S. Investors are focussing on the release of minutes of the Fed's last meeting and testimony by Fed Chairman Ben Bernanke to Congress, both scheduled for Wednesday.
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OSLO, May 21- Marine Harvest, the world's biggest fish farmer, may raise its $1.7 billion bid for rival Cermaq if the target company's shareholders drop plans to take over Peruvian fish feed maker Copeinca, it said on Tuesday.
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LONDON, May 20- European shares reached new five-year peaks on Monday, supported by strength in the autos and travel sector, where budget airline Ryanair's stock hit a record high on the back of strong earnings. Travel and leisure stocks gained 1.1 percent, led by a 6.9 percent jump in Ryanair after it reported expectation-beating earnings for the past year.
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*UK would need to negotiate new free trade rules with partners.
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WASHINGTON, May 15- More than 80 percent of the world's major oil and gas-producing and mining countries fail to meet "satisfactory standards" for managing their natural resources, according to a report tracking global resource mismanagement and corruption.
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*BG Group, OGX, Total, BP among winners at Brazil auction. RIO DE JANEIRO, May 15- For the first time in nearly five years, Brazil's flagging oil industry has received serious interest from private investors.
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*BG Group, OGX, Total, BP among big winners at Brazil auction. RIO DE JANEIRO, May 15- For the first time in nearly five years, Brazil's flagging oil industry has received a jolt of serious interest from private investors.
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WASHINGTON, May 15- Over 80 percent of the world's major oil and gas-producing and mining countries fail to meet "satisfactory standards" for managing their natural resources, according to a new report that tracks resource mismanagement and corruption.
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PARIS, May 15- A growing divide between rich and poor risks will yawn still wider if cash-strapped governments keep cutting back the welfare state, an industrialised nations' think-tank warned on Wednesday.
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RIO DE JANEIRO, May 14- Brazil's first auction for oil and gas rights in five years attracted a record amount of money on Tuesday, alleviating fears that government intervention and growth in new global supplies might dampen enthusiasm for the country's oil sector.
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RIO DE JANEIRO, May 14- Global energy companies were strong bidders on Tuesday at Brazil's first auction for oil and natural gas rights in five years, alleviating fears that government intervention and growth in new global supplies might crimp enthusiasm for the South American country's oil sector.
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*Melt of Greenland, Antarctica less severe than expected. OSLO, May 14- A melt of ice on Greenland and Antarctica is likely to be less severe than expected this century, limiting sea level rise to a maximum of 69 cm, an international study said on Tuesday.
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RIO DE JANEIRO, May 14- Global energy companies showed strong interest early on Tuesday at Brazil's first auction for oil and natural gas rights in five years, alleviating fears that government intervention and growth in new global supplies might crimp enthusiasm over the South American country's oil sector.
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*BP, Shell, Statoil are being probed. LONDON/ OSLO, May 14- European authorities have raided offices of oil majors Shell, BP and Statoil as part of a probe into suspected manipulation of oil prices, one of the biggest cross-border actions since the Libor rigging scandal.
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RIO DE JANEIRO, May 14- Brazil on Tuesday kicked off its first auction for oil and natural gas rights in five years, gauging whether government intervention and growth in new global supplies have crimped the interest that followed discoveries of huge offshore reserves in 2007..
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OSLO, May 14- Norway's oil and gas company Statoil said EFTA Surveillance Authority has inspected its office on Tuesday on the request of the European Commission on suspicions of anti-competitive behavior.
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May 13- Transocean Ltd said on Monday that Chairman Michael Talbert will step down later this year, in a move that comes just days before the culmination of a fight between the offshore driller and investor Carl Icahn in which Talbert was a target.
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Faster responses to emergencies for people living in the Arctic, including floods or forest fires, were also urgently need, the report said. Arctic nation foreign ministers will meet in Kiruna, Sweden, on May 15 and are due to agree ways to work together to prevent and deal with oil spills.
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JAKARTA, May 10- The president of Indonesia, home to the world's third-largest tropical forests and a powerful palm oil industry, has agreed to extend a ban on forest clearing, a government official said on Friday.
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NEW YORK, May 8- The euro leapt to a one-week high against the dollar and a more than two-week peak against the yen on Wednesday as upbeat German data eased worries about the region's largest economy and curbed expectations of a near-term interest rate cut in the euro zone.