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  • OSLO, June 1- Norwegian investigators looking into the cause of a fatal North Sea helicopter crash have sent a recommendation to European air safety authorities about a possible safety issue with the model's gearbox, they said on Wednesday. Since then the helicopter model, a workhorse of the oil industry, has been grounded for commercial flights in Norway and...

  • DUBLIN, June 1- Governments and travel companies must do more to share data to intercept and prevent attacks, the head of the World Travel and Tourism Council said on Wednesday, a day after the United States issued a warning to travellers over security in Europe. Travel and tourism shares fell on Wednesday after the United States said possible targets could...

  • *Focus on output levels ahead of OPEC meeting on Thursday. LONDON, June 1- Oil prices fell on Wednesday on expectations of high and rising exports from the Middle East, while concerns about China's economy weighed on the demand outlook. Iran's representative to the OPEC said Tehran would not commit to any oil output freeze and that any discussion of rationing...

  • Speakers: Eurogroup President Jeroen Dijsselbloem, European Commission President Jean-Claude Juncker, European Parliament President Martin Schulz, European Council President Donald Tusk, National Bank of Belgium member Hans Geeroms and International Monetary Fund Managing Director Christine Lagarde. FRANKFURT- German Bundesbank holds a bank...

  • Christian Blakseth charges his electric car's batteries in Oslo, Norway.

    Electric cars remain a noteworthy sight almost everywhere but Scandinavia, where Norwegians have bucked the trend by buying alternative-fuel vehicles.

  • Norway's wealth fund to sue Volkswagen

    CNBC's Landon Dowdy reports Norway's sovereign wealth fund plans to join a class action suit against Volkswagen over its emissions scandal.

  • Norway's role in tackling corruption

    Erna Solberg, prime minister of Norway, speaks to CNBC about how countries can tackle corruption and tax avoidance by businesses.

  • The impact of oil prices on Norway

    Erna Solberg, prime minister of Norway, says the country needs to diversify and create more jobs to avoid problems caused by low oil prices.

  • Erna Solberg

    Norway's arms-length relationship with the EU is popular among some British politicians, but the PM is unconvinced the U.K. should imitate it.

  • WEDNESDAY, MAY 11 LONDON- Bank of England's Financial Markets Infrastructure Supervision Director David Bailey speaks at the Futures and Options World Post Trade Event- 1300 GMT. LONDON- UK Finance Minister George Osborne discuss EU membership with the Parliament's Treasury Committee- 1300 GMT. LONDON- European Bank for Reconstruction and Development...

  • Workers load packages of corn flour at a distribution center of food company 'Empresas Polar' in Maracay, Venezuela.

    These countries not only face many supply chain risks, but they are not readily equipped to manage these risks, a study found.

  • They said the documents also showed the loophole in German tax rules had been exploited by some of the world's largest institutional investors including Blackrock and Norway's sovereign wealth fund to cut their tax bills. The report reignited a debate about tax avoidance in Germany, where politicians and government rounded on a scheme that Wolfgang...

  • LONDON, May 2- Oil prices edged back from 2016 highs on Monday as rising production in the Middle East outweighed a decline in U.S. output and a sliding dollar. Iraq's April exports from southern fields increased, as did seaborne exports from Russia, the biggest exporter outside OPEC. Brent was trading at $47.20 per barrel at 1130 GMT, down 17 cents from its last...

  • Halliburton, Baker Hughes scrapping $28B merger

    The world's biggest sovereign wealth fund is launching a crackdown on executive compensation.

  • LONDON, May 2- Oil prices retreated from 2016 highs on Monday as rising production in the Middle East outweighed a decline in U.S. output and a sliding dollar. Russia, the biggest exporter outside OPEC, also increased monthly crude for seaborne exports by more than 7 percent to 3.117 million bpd in April. Brent was trading at $46.77 per barrel at 0840 GMT, down 60 cents...

  • *Norway, Britain impose temporary flight ban. The 11 passengers and two crew on the flight from the Gullfaks B oil platform, operated by Norway's Statoil, were all Norwegian except for one British and one Italian national, according to the Rescue Coordination Centre for Southern Norway. Norway and Britain suspended commercial flights of the type of helicopter...

  • CNBC update: Norway helicopter crash

    Donald Trump leads in the polls in Indiana; at least eleven people are dead in a helicopter crash in Norway; and criminal-related questions may be banned from Federal job applications, reports CNBC's Sue Herera.

  • OSLO, April 27- Norway's Statoil beat first-quarter earnings expectations on Wednesday and said the global oil market was approaching a balance between supply and demand, offering a glimpse of optimism on the crisis-stricken industry. Cost-cutting helped the company beat analysts' forecasts, as its plan to slash $2.5 billion in costs on an annual basis from...

  • *Kuwait ends oil strike, reviving glut worry after failed Doha. The U.S. government's Energy Information Administration will issue official inventory numbers at 10:30 a.m. EDT EIA/S 3/ 8, following a much stronger-than-expected storage rise reported on Tuesday by American Petroleum Institute. "An expiration of more than $1.50 a barrel in the May-June...

  • Brent futures were down 94 cents at $43.09 a barrel at 0830 GMT. U.S. crude was down 98 cents, or more than 2 percent, at $40.10, after dipping below $40. "Kuwait is moving back to full production, and we expected that oil would come off more after the Doha deal fell apart, so we're seeing the impact of that now," said Bjarne Schieldrop, chief commodity analyst at SEB in Oslo.