Norway
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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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WASHINGTON, Nov 30- Lockheed Martin Corp and the U.S. Defense Department have reached an agreement in principle on a fifth batch of 32 additional F-35 fighter planes, the Pentagon said on Friday, bringing nearly a year of negotiations to a close.
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*Greece funding deal unlikely next week- source. LONDON, Nov 6- Brent crude rose above $109 per barrel on Tuesday, tracking a rise in equity markets, while uncertainty over the U.S. election outcome and worries about euro zone crisis remained in focus.
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*Greece funding deal unlikely next week- source. LONDON, Nov 6- Brent crude held around $108 per barrel on Tuesday, as uncertainty ahead of the U.S. elections and renewed worries about Greece and the euro zone crisis headed traders' concerns.
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*Greece funding deal unlikely next week- source. LONDON, Nov 6- Brent crude held over $107 per barrel on Tuesday, as uncertainty ahead of the U.S. elections and renewed worries about Greece and the euro zone crisis headed traders' concerns.
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The $2.3- billion project by the small, British company London Mining Plc would also bring diesel power plants, a road and a port near Greenland's capital Nuuk.
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SINGAPORE, Nov 5- Singapore's Keppel Corp Ltd, the world's largest oil rig builder, said its unit agreed with Norway's Golar LNG Ltd to work on the conversion of up to three liquefied natural gas vessels into floating LNG vessels. Keppel did not give a value in its statement.
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*Raised exposure to US, Japan, Mexico, South Korea, Russia. OSLO, Nov 2- Norway's $660 billion sovereign wealth fund continued its long-term plan to cut investments in Europe in the third quarter, slashing its holdings of Spanish and French debt just as those countries try to recover investors' trust.
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LONDON/ FRANKFURT, Nov 2- From advertising and luxury goods to cars and heavy engineering, European industry is retrenching and abandoning its already modest growth targets, a worrying sign for investors who bought into the summer stock market rally.
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*North Sea supply expected to return, Angolan force majeure. LONDON, Nov 2- Oil fell on Friday as weak European data reinforced a gloomy picture for the demand outlook, with investors nervous ahead of U.S. non-farm payrolls data. Brent crude for December was down 31 cents to $107.86 a barrel by 0943 GMT, while U.S. crude for December was down 80 cents at $86.29.
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Nov 1- Overseas Shipholding Group Inc's warning that it may file for bankruptcy protection has companies that lease ships to the world's No. 2 tanker operator scrambling to find alternative customers and writing down the value of their OSG contracts.
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Exxon Mobil, the world's largest publicly traded oil company, reports a lower profit that topped expectations, as higher results from its refining arm counters a 7.5 decline in oil and gas output. (EXXON-EARNINGS/ moved, by Anna Driver, 320 words).
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BEIJING/ LONDON- Big Asian economies are slowly picking up after a year spent battling against global headwinds, according to business surveys and data released that showed renewed vim from China's factory sector and a rebound in South Korean exports (GLOBAL-ECONOMY/PMIS,, moved, by Lucy Hornby and Se Young Lee, 950 words).
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Gains in equity markets early in the day had lifted the euro above $1.30, but momentum faded as Wall Street turned negative and uncertainty remained about how to keep Greece afloat and when Spain may ask for a bailout.
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NEW YORK, Oct 31- The euro rose against the dollar on Wednesday and was headed for its third straight month of gains as U.S. stocks rose after a two-day closure for Hurricane Sandy, denting safe-haven demand for the U.S. currency. On Wall Street, the Dow and S&P 500 rose at the open as equity markets reopened following a damaging storm in the U.S.
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NEW YORK, Oct 31- The euro rose against the dollar on Wednesday and was headed for its third straight month of gains as U.S. stocks rose after a two-day closure for Hurricane Sandy, denting safe-haven demand for the U.S. currency. On Wall Street, the Dow and S&P 500 rose at the open as equity markets reopened following a damaging storm in the U.S.
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FRANKFURT, Oct 31- Germany's solar power systems market continued to grow strongly in September, putting Europe's biggest economy on track for a new installation record this year and increasing pressure on the ruling coalition to curb the spiralling costs to consumers.
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KETTERING, Ohio- President Barack Obama and Republican Mitt Romney briefly put aside their fierce battle for the White House on Tuesday, avoiding politics to focus on relief efforts after mammoth storm Sandy left millions of Americans struggling to recover.
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The euro, pound, Australian dollar and Swiss franc all posted gains against the US currency, helped by better-than-expected third-quarter corporate earnings in Asia and Europe.
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HERZLIYA, Israel, Oct 30- Lockheed Martin Corp said on Tuesday that it was making progress on resolving technical issues facing the cutting-edge helmet being developed for use by F-35 fighter pilots, and it cited positive initial reports from night flight tests of the system.
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LONDON, Oct 30- World shares rose modestly in subdued trading on Tuesday as investors waited to see the full impact of a massive storm that wrought destruction across the eastern United States.