SSAB warns blast furnace repair to hit Q1 earnings

STOCKHOLM (Reuters) – Swedish steelmaker SSAB said on Wednesday that repair work after an unplanned outage at one of its blast furnaces in Raahe, Finland, would last through February with first-quarter earnings taking a 600 million Swedish crown ($65 m…

Harbour Energy’s Phil Kirk steps down

By Ron Bousso LONDON (Reuters) – Harbour Energy’s Europe Chief Executive Phil Kirk will step down at the end of the month, after helping transform the company from a small North Sea oil and gas firm to the basin’s largest producer. Harbour, which is le…

Novo Nordisk shares rise on upbeat outlook

By Nikolaj Skydsgaard COPENHAGEN (Reuters) – Shares in Novo Nordisk rose more than 3% on Wednesday after the Danish drug developer delivered a better-than-expected earnings outlook for 2022 despite missing fourth quarter operating profit expectations. …

Swedbank Q4 operating profit narrowly lags forecast

STOCKHOLM(Reuters) – Swedish bank Swedbank on Wednesday reported a slightly lower-than-expected operating profit for the fourth quarter as continued global supply problems held back economic growth in home markets. Swedbank’s fourth quarter operating p…