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August 18, 2022

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Norway’s wealth fund loses record $174 bln in first half of 2022

Reuters
by Reuters00
$1.3 trillion fund owns about 1.3% of all listed stocks H1 return on investment was -14.4%, but ahead of benchmark All sectors saw lower returns, apart from energy OSLO, Aug 17 (Reuters) – Norway’s sovereign wealth fund, the world’s largest, made a record loss of 1.68 trillion Norwegian crowns ($174......
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Explainer: Why Europe faces climbing energy bills

Reuters
by Reuters01
A view of the Interconnector Greece-Bulgaria (IGB) gas pipeline that will carry gas from Komotini to Stara Zagora in Bulgaria, in Komotini, Greece, July 8, 2022. REUTERS/Alexandros Avramidis Register now for FREE unlimited access to Reuters.com Register Wholesale gas prices up 350% year-on-year High prices expected to continue this year......
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Manchester City thrash Bournemouth to continue fast start

Reuters
by Reuters01
MANCHESTER, England, Aug 13 (Reuters) – Manchester City made it two wins from two at the start of the Premier League season by thrashing promoted Bournemouth 4-0 at the Etihad Stadium on Saturday. The champions wasted no time getting into their stride in the sunshine as Norway striker Erling Haaland......
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U.S. offshore oil output to restart after pipeline fix

Reuters
by Reuters00
NEW YORK, Aug 12 (Reuters) – A damaged oil pipeline component that disrupted output at several offshore U.S. Gulf of Mexico platforms was repaired late Friday, a Louisiana official said, with producers moving to reactivate some of the halted production. A failed flange connecting two onshore pipelines operated by Shell......
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Oil leak contained at three U.S. Gulf platforms on pipeline outage, Shell says

Reuters
by Reuters01
Shell logo and stock graph are seen in this illustration taken May 1, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register HOUSTON, Aug 11 (Reuters) – Top U.S. Gulf of Mexico oil producer Shell (SHEL.L) said on Thursday it halted production at three U.S. Gulf of......
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Norwegian inflation raises expectations of faster rate hikes

Reuters
by Reuters01
People go about their day near Norway’s central bank building in Oslo, Norway May 31, 2017. REUTERS/Ints Kalnins/File Photo Register now for FREE unlimited access to Reuters.com Register Core inflation 4.5% year on year in July vs 3.6% in June Food prices up 10.4% year on year Norges Bank could......
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Deadly Haaland strikes twice to give Man City win at West Ham

Reuters
by Reuters01
LONDON, Aug 7 (Reuters) – New Manchester City signing Erling Haaland marked a fine Premier League debut by scoring in each half as the champions began their title defence with a clinical 2-0 victory over West Ham United at the London Stadium on Sunday. Haaland converted a penalty after 36......
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India cenbank raises rates 50 bps as inflation concerns remain

Reuters
by Reuters00
MUMBAI, Aug 5 (Reuters) – The Reserve Bank of India’s key policy repo rate was raised by 50 basis points on Friday, the third increase in the current cycle to cool stubbornly high inflation that has remained above the central bank’s tolerance band for six straight months. With June retail......
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Klopp praises Nunez as Liverpool win Community Shield

Reuters
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Soccer Football – Community Shield – Liverpool v Manchester City – King Power Stadium, Leicester, Britain – July 30, 2022 Liverpool manager Juergen Klopp reacts REUTERS/Tony Obrien Register now for FREE unlimited access to Reuters.com Register LEICESTER, England July 30 (Reuters) – Liverpool manager Juergen Klopp was full of praise......
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Nunez has instant impact as Liverpool beat City in Community Shield

Reuters
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LEICESTER, England, July 30 (Reuters) – Liverpool’s new striker Darwin Nunez scored a late goal on his debut as they drew first blood in this season’s rivalry with Manchester City after a 3-1 win in Saturday’s Community Shield. The Uruguayan, bought from Benfica for an initial fee of 75 million......
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SAS and pilots unions reach deal to end strike

Reuters
by Reuters00
STOCKHOLM/COPENHAGEN/OSLO, July 18 (Reuters) – SAS (SAS.ST) and pilots unions reached a wage deal on Monday, ending a strike over a new collective bargaining agreement that has grounded hundreds of flights and thrown the airline’s future into doubt. A majority of SAS pilots in Sweden, Denmark and Norway walked out......
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Smith rides back-nine charge to win the British Open

Reuters
by Reuters00
ST ANDREWS, Scotland, July 17 (Reuters) – Cameron Smith staged one of the greatest back-nine charges ever witnessed at a major championship coming from four shots behind to win the 150th British Open on Sunday as Rory McIlroy’s major drought continued. Smith, winner of golf’s unofficial fifth major, The Players......
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‘I want more’: Fajdek wins fifth straight world gold in men’s hammer

Reuters
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EUGENE, Ore., July 16 (Reuters) – Poland’s Pawel Fajdek produced the best throw of the year to secure an astonishing fifth successive World Championships hammer title on Saturday but said his success had left him hungry for more. Olympic champion and compatriot Wojciech Nowicki briefly held the lead after his......
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Boeing deliveries reach highest monthly level since March 2019

Reuters
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July 12 (Reuters) – Boeing Co delivered 51 airplanes in June to bring its first-half tally to 216 jets, up 38% from the same period last year, pushing its shares sharply higher on Tuesday. June’s deliveries exceeded the 50 threshold for the first time since March 2019 and included 43......
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Ruthless England smash record eight goals past Norway at Euros

Reuters
by Reuters00
BRIGHTON, England, July 11 (Reuters) – England hammered Norway by a record 8-0 margin in a sensational display at the Women’s European Championship on Monday, as the hosts became the first team to book a place in the quarter-finals and the first to score eight goals at a Euro finals.......
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U.N. Security Council struggles to strike Syria aid deal as mandate expires

Reuters
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UNITED NATIONS, July 10 (Reuters) – A U.N. Security Council mandate for U.N. aid deliveries to some 4 million people in Syria from Turkey expired on Sunday as diplomats struggled to find a deal with Russia, which traded barbs with the United States over the renewal of the operation. Ireland......
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Zelenskiy sacks Ukraine’s envoy to Germany, other ambassadors

Reuters
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Ukraine’s President Volodymyr Zelenskiy visits positions of Ukrainian service members, as Russia’s attack on Ukraine continues, in Dnipropetrovsk region, Ukraine July 8, 2022. Ukrainian Presidential Press Service/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register KYIV, July 9 (Reuters) – Ukrainian President Volodymyr Zelenskiy said on Saturday......
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Bouchard and Laengen out of Tour de France with COVID

Reuters
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Cycling – Giro d’Italia – Stage 12 – Siena to Bagno di Romagna, Italy – May 20, 2021 AG2R Citroen Team rider Geoffrey Bouchard of France finishes stage 12 REUTERS/Jennifer Lorenzini Register now for FREE unlimited access to Reuters.com Register DOLE, France, July 9 (Reuters) – Geoffrey Bouchard and Vegard......
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Norway oil and gas workers to strike on Tuesday, cutting output

Reuters
by Reuters01
Strike to start midnight local time (2200 GMT on Monday) Gas output could be cut by near 25% by Saturday, oil by 15% Government can intervene in special circumstances Union workers want higher pay rise than in negotiated deal OSLO, July 4 (Reuters) – Norwegian offshore workers will likely go......
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Norway strike could cut gas output by 13% next week, oil lobby says

Reuters
by Reuters01
OSLO, July 3 (Reuters) – A planned strike next week by Norwegian petroleum workers could cut the country’s gas output by 292,000 barrels of oil equivalent per day, corresponding to 13% of output, employers’ group Norwegian Oil and Gas Association (NOG) said on Sunday. Oil output could be cut by......
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