Elon Musk clashes with Norwegian oil fund CEO over pay package
Wednesday, January 29,2025,14:03
Elon Musk has come into conflict with Norway’s USD 1.4trn sovereign wealth fund and the Norwegian Freedom of Information Act. .. read more..
Andel drops bid for next offshore wind tender
Wednesday, January 29,2025,13:20
Andel will not be submitting a bid in the next offshore wind tender. “It would be irresponsible of us to invest billions of kroner if we can’t recoup them,” says Andel’s head of RE. .. read more..
Von der Leyen proposes fewer green rules to boost competitiveness
Wednesday, January 29,2025,12:09
EU will implement an ”unprecedented” simplification of rules, announces proposal. Green rules are among them. .. read more..
Candriam appoints new head of Nordics – to open office in Stockholm
Wednesday, January 29,2025,11:56
The global asset manager, which focuses on sustainable and responsible investing, wants to grow its market share in the Nordics. .. read more..
Elon Musk clashes with Norwegian oil fund CEO over pay package
Wednesday, January 29,2025,11:02
Elon Musk has come into conflict with Norway’s USD 1.4trn sovereign wealth fund and the Norwegian Freedom of Information Act. .. read more..
Novo Nordisk's holding firm aims to raise green investments tenfold
Wednesday, January 29,2025,10:15
Novo Holdings, the holding and investment company of the Danish Novo Nordisk Foundation, will dramatically increase its investments in the green transition over the next five years. .. read more..
BlackRock's head of Nordics sees digital infrastructure as "key theme" in 2025
Wednesday, January 29,2025,09:50
Nordic clients have a preference for whole portfolio solutions, BlackRock head of Nordics tells AMWatch in our International Managers Series . .. read more..
US technology stocks drive growth at Norway's giant sovereign wealth fund
Wednesday, January 29,2025,09:18
Despite its strong performance, the fund’s return was 45 basis points lower than the return on the benchmark index, making it third worst year in percentage terms, says CEO Nicolai Tangen. .. read more..
SEB's AUM drops in Q4 after 5% decrease in biggest division
Wednesday, January 29,2025,09:12
Despite positive net flows in Q4, SEB finished the quarter with a lower AUM than in Q3. The Private Wealth & Family Office division saw a dramatic drop. .. read more..
Danish Chamber of Commerce rejects Energy Island Bornholm
Wednesday, January 29,2025,09:09
The economics of Energy Island Bornholm must be rethought before it becomes profitable, says business organization. .. read more..
Vestas boom derailed as rivals set up record-breaking turbines in China
Wednesday, January 29,2025,08:35
Vestas’ 5% share price jump on Tuesday afternoon was converted into a 1.1% drop. .. read more..
Oil prices steady as traders weigh impact of Trump's tariff threats
Wednesday, January 29,2025,08:18
Weak reaction in oil prices despite warnings of tariffs from the US government. .. read more..
Danish authorities allows commencement of work on damaged Nord Stream 2 pipeline
Wednesday, January 29,2025,07:57
The ruptured gas pipeline between Russia and Germany, among others, needs some work, which has required Danish approval .. read more..
Danske Bank divests from fossil fuel companies
Wednesday, January 29,2025,06:56
Hundreds of fossil fuel companies are expected to be excluded after implementation of new investment policy. .. read more..
Kina vil teste rekordstore havvindmøller
Tuesday, January 28,2025,17:31
Hvem der skal levere møllerne til testcentret er ifølge branchemediet ikke annonceret. .. read more..
Danske Bank divests from fossil fuel companies
Tuesday, January 28,2025,14:53
Hundreds of fossil fuel companies are expected to be excluded after implementation of new investment policy. .. read more..
Suzlon reports strong growth and record order book
Tuesday, January 28,2025,13:34
The Indian wind turbine manufacturer notes solid growth. .. read more..
AP Pension suffered from broad focus on sustainability: "Difficult investment...
Tuesday, January 28,2025,13:07
AP Pension’s sustainable product delivered a return almost 10 percentage points below the top performer in this category. .. read more..
Germany is still a major consumer of liquefied natural gas from Russia
Tuesday, January 28,2025,12:52
Russian LNG is sent to Germany via pipelines from ports in Belgium and France. Imports set a new record in 2024. .. read more..
Robeco's new EMD strategies may prove attractive to Nordic investors
Tuesday, January 28,2025,12:01
The Dutch asset manager is expanding its fixed income lineup by launching two emerging market strategies to be managed by its new EMD team. .. read more..
Danish state fund invests DKK 187m in Brazilian solar project
Tuesday, January 28,2025,11:41
The solar farm will be built in a rural area in northeastern Brazil and will supply electricity to over 150,000 households. .. read more..
NKT expands prodution: Two plants open, third coming soon
Tuesday, January 28,2025,10:14
The cable maker has invested around EUR 100m, and now its factories in Sweden and the Czech Republic are ready for operation, with a Danish investment tentatively set for 2027. .. read more..
Analysis: The cost of turning your back on Elon Musk
Tuesday, January 28,2025,09:50
Should you stay or should you go? That’s the question for Tesla shareholders struggling with the way Elon Musk runs the company. But whichever approach investors choose, it comes with a price. .. read more..
Bulgarian shipowner denies deliberate sabotage of submarine cable
Tuesday, January 28,2025,09:20
The owner of the ship that was detained by Swedish authorities on Sunday admits that the ship may have caused cable damage. .. read more..
Nordnet increased customer savings by 25% last year – raises growth target
Tuesday, January 28,2025,09:18
The Nordic investment platform plans to establish operations in Germany – a market more than twice the size of the Nordic savings market. .. read more..
Siemens Gamesa plays minor role in parent group's new loss
Tuesday, January 28,2025,07:58
The manufacturer beats analysts’ forecasts. However, an accounting sneak peak shows a much bigger surprise affecting the group elsewhere, knocking 20% off the share price on Monday. .. read more..
Oil prices stay near two-week low
Tuesday, January 28,2025,07:33
”The general tone of caution towards risk, coupled with weaker Chinese PMI figures casting further doubt on the outlook for China’s oil demand, could act as a brake on oil prices,” says an analyst. .. read more..
From nuclear power to crypto: DNB contemplates next step
Tuesday, January 28,2025,07:01
Norway’s DNB Asset Management is considering starting a crypto investment fund, its Head of Equities, Knut Hellandsvik, says. .. read more..
Siemens Gamesa leverer vækstfremgang - men stadig underskud
Monday, January 27,2025,19:34
Selskabet havde en vækst i ordreindgang på godt 55 pct. i første kvartal 2024/2025. .. read more..
Trods nyt milliardtab spiller Siemens Gamesa ikke hovedrolle i regnskab
Monday, January 27,2025,19:34
Siemens Gamesa slår analytikerne på godt og ondt. På dagen for smugkig i regnskabet var det dog en langt større overraskelse, der påvirker andetsteds i koncernen, og som mandag slog 20 pct. af kursen. .. read more..
Hydrogen problems have spread like wildfire: Several projects shut down
Monday, January 27,2025,14:40
Several energy companies have struggled to find the financial viability of PtX projects for some time and have thus withdrawn or postponed the projects. .. read more..
Expects multi-million dollar efforts: “So many cable breaks can't be a coinci...
Monday, January 27,2025,14:19
The situation in the Baltic Sea calls for major investments in security for the energy sector, according to Green Power Denmark’s chief technology officer. .. read more..
Major Swedish asset managers remain invested in Temu's parent company
Monday, January 27,2025,13:25
Swedish asset managers face criticism for their investments of more than SEK 1bn (EUR 86.9m) in the parent company of Chinese e-commerce platform Temu. .. read more..
Mabanaft sets up storage tanks for methanol at Port of Hamburg
Monday, January 27,2025,12:52
Shipping will need several types of new fuels to make the green transition, says German energy supplier Mabanaft, which will convert four storage tanks for methanol in Hamburg. .. read more..
CEO warns of US power crisis following Trump's renewables opposition
Monday, January 27,2025,12:28
”Renewables play a very important role,” says NextEra Energy CEO John Ketchum. .. read more..
Analysis: External review could decide decades-long struggle over ATP
Monday, January 27,2025,12:07
Years of criticism of ATP’s investments have made the pension fund realize that external reviewers must be brought in. The goal must be to ensure the best possible outcome for Danish pension savers. .. read more..
Vestas faces busy years in the US despite Trump's wind opposition, bank predicts
Monday, January 27,2025,11:49
Sydbank maintains its buy recommendation on Vestas. .. read more..
NIO introduces secondary market platform for its investors
Monday, January 27,2025,09:50
Investing in private assets requires a long-term investment horizon, but ”we do recognize that liquidity is a big concern to our investors,” Michael Moth Greve, CEO at NIO, tells AMWatch. .. read more..
Oil drops as Trump reiterates call for OPEC to lower prices
Monday, January 27,2025,08:53
“One way to stop it [the war in Ukraine, ed.] quickly is for OPEC to stop making so much money and lower the price of oil,” says US President Donald Trump. .. read more..
Folksam chief economist warns that lack of trust in democracy and media may a...
Monday, January 27,2025,08:52
The USA is no longer a full-fledged democracy, and inflation has had significant political repercussions, the chief economist of Sweden’s Folksam group says in a macroeconomic update. .. read more..
Ørsted at risk of downgrade after recent impairments in the US
Monday, January 27,2025,08:10
The energy company’s credit rating could take a hit after new large impairment losses on US wind project, writes Finans. .. read more..
Sweden seizes ship suspected of sabotage in Baltic Sea
Monday, January 27,2025,07:42
The Swedish Security Service has seized a ship suspected of damaging a subsea cable in the Baltic Sea. It’s the third incident of its kind in recent months. .. read more..
US Vice President says big tech still 'On notice' in clash over free speech
Monday, January 27,2025,07:00
”They can stop engaging in censorship, and if they don’t, you can be absolutely sure that Donald Trump’s leadership is not going to look too kindly on them,” says US Vice President JD Vance. .. read more..
Topchef advarer mod energikrise i USA efter Trumps udfald mod grøn energi
Friday, January 24,2025,20:30
Efterspørgslen på mere energi er her lige nu, og USA har ikke råd til at udelukke nogen muligheder, mener Nexteras topchef. .. read more..
ATP initiates external review of investment strategy
Friday, January 24,2025,14:05
The pension fund has asked the Danish Financial Supervisory Authority’s former CEO to lead a commission to review the investment strategy. .. read more..
Vestas supplier expects growth after "lean years"
Friday, January 24,2025,14:01
Niebuhr Gears has had a number of difficult years, but now growth awaits the company, which is investing millions in the future. The company’s owner does not see a re-elected Trump as an obstacle. .. read more..
Trump's first week in office had a moderating impact on oil prices
Friday, January 24,2025,13:18
The promise of increased oil production has sent oil prices plummeting. .. read more..
Norsk Kjernekraft signs cooperation agreement for new nuclear power plant
Friday, January 24,2025,12:30
”The South Koreans are world champions in building nuclear power plants,” says Norsk Kjernekraft CEO Jonny Hesthammer. .. read more..
Swedish prime minister says Northvolt teaches lessons to Europe
Friday, January 24,2025,12:01
“If other countries are doing more in terms of government intervention, then we need to think through how we combine government resources and private resources in the best way,” Ulf Kristersson says. .. read more..
Better Energy entered restructuring with DKK 1.5bn loss
Friday, January 24,2025,11:49
The solar company has written down the value of its assets by up to 75% and is left with major debt and negative equity. .. read more..