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Uniper, Fortum may extend use of Sweden's Oskarshamn 3 reactor by 20 years

Uniper, Fortum may extend use of Sweden's Oskarshamn 3 reactor by 20 years OSLO, Sept 18 (Reuters) - Germany's Uniper and Finland's Fortum are investigating the possibility of extending the operating life of their Swedish Oskarshamn 3 nuclear reactor by 20 years, the companies said on Thursday. The reactor, which opened in 1985, is currently due to close in 2045 but could remain operational until 2065 under a lifetime extension.
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Fortum, Uniper Investigate Lifetime Extension Of Nuclear Power Plant In Sweden

BRIEF-Fortum, Uniper Investigate Lifetime Extension Of Nuclear Power Plant In Sweden Sept 18 (Reuters) - Fortum Oyj FORTUM.HE : FORTUM, UNIPER INVES­TIGATE LIFETIME EXTENSION OF OSKAR­SHAMN NUCLEAR POWER PLANT IN SWEDEN Source text for Eikon: ( Full story ) Further company coverage: FORTUM.HE (Gdansk Newsroom)
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Fortum's Nuclear Services Signed Multi-Year Framework Agreement With Nuclear Decommissioning Assistance Programme

BRIEF-Fortum's Nuclear Services Signed Multi-Year Framework Agreement With Nuclear Decommissioning Assistance Programme Sept 16 (Reuters) - Fortum Oyj FORTUM.HE : FORTUM'S NUCLEAR SERVICES SIGNED MULTI-YEAR FRAMEWORK AGREEMENT WITH NUCLEAR DECOMMISSIONING ASSISTANCE PROGRAMME NUCLEAR DECOMMISSIONING ASSISTANCE PROGRAMME OPERATES UNDER EUROPEAN COMM
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Moscow takes control over assets of Western companies

FACTBOX-Moscow takes control over assets of Western companies Adds Raiffeisen and Linde, updates Commerzbank Sept 6 (Reuters) - Kremlin has been seizing assets of some Western companies in Russia through decrees signed by President Vladimir Putin and court orders related to lawsuits over halted projects or blocked funds amid Western sanctions. Below is a list of the companies affected so far.
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Finland's Fortum uses US nuclear fuel to cut Russia dependence

UPDATE 2-Finland's Fortum uses US nuclear fuel to cut Russia dependence Adds comments, background By Elviira Luoma and Anne Kauranen LOVIISA, Finland, Sept 2 (Reuters) - Finnish utility Fortum FORTUM.HE said on Monday it has successfully started using nuclear fuel from U.S.-based Westinghouse Electric as it seeks to replace Russian supply. Fortum's Loviisa power plant in Finland has depended on nuclear fuel from TVEL, a subsidiary of Russian state-owned power company Rosatom, but Fortum began lo
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Finland's Fortum starts using U.S. nuclear fuel in bid to reduce Russian dependence

Finland's Fortum starts using U.S. nuclear fuel in bid to reduce Russian dependence LOVIISA, Finland, Sept 2 (Reuters) - Finnish utility Fortum FORTUM.HE said on Monday it has successfully started using nuclear fuel from U.S.-based Westinghouse Electric as it seeks to replace Russian nuclear fuel at its Loviisa power plant in Finland. Reporting by
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Fortum And Port Of Rauma To Develop Site Suitable For Green Transition Project At Port

BRIEF-Fortum And Port Of Rauma To Develop Site Suitable For Green Transition Project At Port Aug 23 (Reuters) - Fortum Oyj FORTUM.HE : FORTUM AND THE PORT OF RAUMA TO DEVELOP A SITE SUITABLE FOR A GREEN TRANSITION PROJECT AT THE PORT Source text: https://www.fortum.com/media/2024/08/fortum-and-port-rauma-develop-site-suitable-green-transition-proje
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Adyen NV, Beazley, Nel ASA

EUROPE RESEARCH ROUNDUP-Adyen NV, Beazley, Nel ASA Aug 16 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adyen NV, Beazley and Nel ASA, on Friday. HIGHLIGHTS * Adyen NV ADYEN.AS : TD Cowen raises target price to EUR 1,620 from EUR 1,618 * Beazley BEZG.L : HSBC raises target price to 780p from 665p * Diageo DGE.L : HSBC cuts target price to 3,000p from 3,300p * Nel ASA NEL.OL : Berenberg cuts to hold from buy * ThyssenKrupp Nucera
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Fortum CEO says new nuclear not feasible at today's power prices

Fortum CEO says new nuclear not feasible at today's power prices HELSINKI, Aug 15 (Reuters) - Finnish utility Fortum FORTUM.HE CEO Markus Rauramo said on Thursday investing in new nuclear power base load is not feasible with the current low market power prices in Sweden and the Nordic region. Reporting by Anne Kauranen in Helsinki, editing by Anna
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Finland's Fortum says new nuclear not feasible at current prices

UPDATE 2-Finland's Fortum says new nuclear not feasible at current prices Recasts, adds CEO comments, details By Anne Kauranen HELSINKI, Aug 15 (Reuters) - Fortum FORTUM.HE doesn't believe investing in new nuclear generation capacity is feasible at current low Nordic power prices, its chief executive said on Thursday, after the Finnish utility surprised markets with better than expected second quarter results.
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Finnish utility Fortum Q2 profit falls less than expected

Finnish utility Fortum Q2 profit falls less than expected COPENHAGEN, Aug 15 (Reuters) - Finnish utility Fortum FORTUM.HE posted on Thursday a smaller-than-expected drop in second-quarter operating profit despite seasonally lower energy prices. Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik
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Fortum Expects To Reduce Recurring Fixed Cost Base By More Than EUR 50 Mln By End Of 2024

BRIEF-Fortum Expects To Reduce Recurring Fixed Cost Base By More Than EUR 50 Mln By End Of 2024 Aug 15 (Reuters) - Fortum Oyj FORTUM.HE : DURING Q2 OF 2024, NORDIC SPOT PRICES WERE UNDER PRESSURE ESPECIALLY IN MAY SPOT POWER PRICE VOLATILITY CONTINUED IN FINLAND AMID TRANSMISSION CONSTRAINTS AND PROLONGED NUCLEAR OUTAGES DUE TO TECHNICAL ISSUES AT
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Europe's STOXX 600 corporate earnings week ahead

DIARY-Europe's STOXX 600 corporate earnings week ahead Aug 9 (Reuters) - Diary of Europe's STOXX 600 (.STOXX) corporate earnings for the week ahead EUROPE'S STOXX 600 EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 12-Aug-2024 BMO HNRGn.DE Hannover Rueck SE Q2 2024 Hannover Rueck SE Earnings Release 13-Aug-2024 NTS KGH.WA KGHM Polska Miedz SA Half Year 2024 KGHM Polska Miedz SA Earnings Release 13-Aug-2024 NTS SQN.S Swissquote Group Holding SA Half Year 2024 Swissquote Group Hol
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Nordic corporate earnings week ahead

DIARY-Nordic corporate earnings week ahead Aug 9 (Reuters) - Diary of Nordic (OMXS30-SK, OBX-OS, OMXHPI-HE, OMXC20) corporate earnings for the week ahead NORDIC EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 15-Aug-2024 06:00 NIBEb.ST Nibe Industrier AB Q2 2024 Nibe Industrier AB Earnings Release Start Date Start Time (GMT) RIC Company Name Event Name 14-Aug-2024 06:30 HAUTO.OL Hoegh Autoliners ASA Q2 2024 Hoegh Autoliners ASA Earnings Release Start Date Start Time (GMT) RIC Co
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Buy the dip on Europe's AI winners, says MS

LIVE MARKETS-Buy the dip on Europe's AI winners, says MS STOXX 600 down 0.9% Volatility above 23 Tech leads fallers Some UK earnings please Wall St futures soft Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BUY THE DIP ON EUROPE'S AI WINNERS, SAYS MS AI beneficiaries were the first to feel the pain in the recent market sell-off, but Morgan Stanley equity analysts expect them to
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Attica Bank, Kuvimba Mining House, Leonardo, Asterion; updates Meta Platforms July 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1 930 GMT on Thursday: * * Attica Bank BOAr.AT , Greece's fifth largest lender, announced that it had finalised a deal to merge with the smaller Pancretan Bank in an effort to clean up its balance sheet and create a new banking organisation.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Meta, CommScope, Clayton, Dubilier & Rice, Schenker July 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday: ** Meta Platforms META.O has explored a multibillion-euro investment in eyewear group EssilorLuxottica ESLX.PA , the Financial Times reported.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions July 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday: ** Apax Partners, Bain Capital and CVC CVC.AS are each exploring potential bids for SoftwareOne SWON.S , two people with knowledge of the situation said, three months after the ouster of the Swiss software company's board.
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Fortum agrees to sell recycling and waste business to Summa Equity

UPDATE 2-Fortum agrees to sell recycling and waste business to Summa Equity Adds detail and CEO comment in paragraphs 3-7, changes story identifier STOCKHOLM, July 18 (Reuters) - Finnish energy group Fortum FORTUM.HE has agreed to sell its recycling and waste business to investment company Summa Equity for about 800 million euros ($875 million), it said on Thursday.
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Fortum To Sell Its Recycling And Waste Business To Summa Equity

BRIEF-Fortum To Sell Its Recycling And Waste Business To Summa Equity July 18 (Reuters) - Fortum Oyj FORTUM.HE : INSIDE INFORMATION: FORTUM TO SELL ITS RECYCLING AND WASTE BUSINESS TO SUMMA EQUITY FOR APPROXIMATELY EUR 800 MILLION TOTAL CONSIDERATION ON A DEBT- AND CASH-FREE BASIS IS APPROXIMATELY EUR 800 MILLION BASED ON BALANCE SHEET AVAILABLE AT SIGNING, FORTUM WOULD RECORD A TAX-EXEMPT CAPITAL GAIN OF APPROXIMATELY EUR 110 MILLION INAL CAPITAL GAIN WILL DEPEND ON BALANCE SHEET VALUE AT CLOSI
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