The Norwegian police has received information on an imminent terrorist attack. Sevincer Vedat, managing editor at The Nordic Page talks to CNBC about what is known so far.» Read More
*Iraq's Mosul falls to militants, U.S. says situation' extremely serious'. LONDON, June 11- Oil futures rose to $110 a barrel on Wednesday as violence in Iraq prompted worries about the supply outlook, while a fall in U.S. stockpiles of gasoline pointed to seasonally stronger demand.
Treasury Secretary Jack Lew speaks before a breakfast meeting of the Economic Club of New York in New York. CAMBRIDGE, United States- U.S. Treasury Office of Financial Research Director Richard Berner speaks before the Inaugural Annual Public Conference of the Consortium for Systemic Risk Analytics in Cambridge- 1330 GMT.
LONDON- Bank of England's Andrew Gracie speaks to British Bankers Association cyber security conference- 0915 GMT. Speakers:- Portugal Finance Minister Maria Luis Albuquerque, IMF European Department Director Reza Moghadam, ECB Board Member Yves Mersch and National Bank of Poland President Marek Belka.
ASTANA/ ALMATY/ KYZYLORDA- European Bank for Reconstruction and Development President Sir Suma Chakrabarti visits Kazakhstan. PALM BEACH, United States- Federal Reserve Bank of St. Louis President James Bullard speaks on the U.S. economy and monetary policy before the Tennessee Bankers Association annual meeting- 1310 GMT.
The leaders of Canada, France, Germany, Italy, Japan, the UK, the United States, European Council President and European Commission President will attend. LONDON- 2014 IIF Spring Membership Meeting.
OSLO- Norges Bank Governor Oystein Olsen gives a lecture at the Historical Museum on the occasion of the exhibition "The heavy baggage" that marks Constitution Bicentennial 1814-2014. VILNIUS- Estonia, Latvia and Lithuania's central bank governors to meet in Lithuania. SYDNEY- Reserve Bank of Australia holds interest rate meeting- 0430 GMT.
*Marathon fails to sell smaller UK business. OSLO, June 2- Marathon Oil Corp is to sell its Norwegian business for $2.1 billion to oil exploration group Det norske, part of plans to shed assets in Norway and Britain to free up cash for the U.S. firm's shale activities in the United States.
*Greenpeace ship tried to block the drilling site. OSLO, May 31- Norway's Coast Guard on Friday evening towed away a Greenpeace ship that tried to block Statoil's rig from drilling the world's most northerly oil well in the Barents Sea, the environment group said.
MADRID- Bank of Spain Governor Luis Maria Linde to open economist conference in Madrid- 0800 GMT. CLEVELAND, United States- Federal Reserve Bank of Cleveland President Sandra Pianalto speaks before the Inflation, Monetary Policy, and the Public conference hosted by the Federal Reserve Bank of Cleveland- 1230 GMT.
OSLO, May 28- Norway plans to cut taxes, build more infrastructure and step up spending on research next year as it prepares to reduce its reliance on oil, Prime Minister Erna Solberg said on Wednesday.
*Q1 net operating income $890 mln vs forecast $523 mln. It expects rates for new-generation vessels to fall to $425,000- $475,000 per day, well below their peak around $650,000 per day last year.
Speakers:- Swiss Finance Minister Eveline Widmer-Schlumpf, former Austrian Finance Minister Maria Fekter and IMF's Chief of World Economic Studies Division in Research Department Thomas Helbling. TOKYO- Bank of Japan releases the minutes of its April policy-setting meeting- 2350 GMT.
*Manlio Cerroni dominated trash disposal in and around Rome. ROME, May 25- Italian businessman Manlio Cerroni thinks a monument would be a fitting recognition of his services to Rome. Several local politicians from the Lazio region, of which Rome is the capital, are also due to stand trial for collusion.
OSLO, May 20- More than a third of South Sudan's population, or 4 million people, will be on the brink of starvation by the end of 2014 as fighting rages in the world's newest country, U.N. officials said on Tuesday. Farmers should be planting their crops right now, " United Nations' aid chief Valerie Amos told a donors' conference in Oslo.
BRUSSELS, May 20- EU nations should conduct stress tests before winter to work out how vulnerable they would be in the event the crisis over Ukraine leads to a major disruption of natural gas supplies from Russia, a European Commission draft document seen by Reuters shows.
*Coal tops the list for deaths in energy sector. *Coal is also a major polluter. Coal mining is responsible for more fatalities than the production of any other energy source due to poor working conditions in producing countries such as China, Turkey, South Africa, Indonesia and Colombia.
*Norway to close back-up ship transmitter stations. LONDON, May 13- Europe has yet to fully wake up to the danger of maritime disasters caused by signal jamming and blackouts of satellite navigation devices, say the proponents of a back up system on trial in British and Dutch ports.
CAIRO/ OSLO, May 12- Egypt has secured a means of importing liquefied natural gas that will help it address an energy crisis, although the LNG import terminal to be provided by a Norwegian firm will not be in place in time to ease painful gas shortages this summer.
*Pvt equity has pumped $32 bln into shipping in past 2 yrs-fund mgr. SINGAPORE, May 9- The shipping industry faces a looming capacity glut as billions of dollars pumped into it by private equity have stoked a vessel-buying spree, threatening its prospects just as the sector is emerging from its worst downturn in three decades.
OSLO, May 8- Norway's energy boom is tailing off years ahead of expectations, exposing an economy unprepared for life after oil and threatening the long-term viability of the world's most generous welfare model.