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Total lifts dividend, plans growth as profits beat estimates

  Bloomberg Total SA raised its dividend by 1.6 percent and said it may give the go-ahead for almost a dozen new projects in the next 18 months after fourth-quarter profit beat analysts’ estimates. “We’re going to propose to increase the dividend as we have confidence in the future,” Chief Executive Officer Patrick Pouyanne told reporters in Paris. “My goal ...

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Norway expands slower than estimates as oil slump nears end

  Bloomberg Norway’s economic growth picked up slower than anticipated in the fourth quarter as western Europe’s biggest crude producer emerges from a protracted slump in its oil industry. Mainland gross domestic product, which excludes oil, gas and shipping, grew 0.3 percent from the previous quarter, Statistics Norway said on Thursday. Economists surveyed by Bloomberg had estimated a gain of ...

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Nordic wind crush comes too soon for Sweden

  Bloomberg The quest to supply everyt- hing from data server halls, insurance companies to large furniture stores with green electricity has flooded the Nordic region with wind power and crashed a $100 million renewable-certificates market. While that’s good for the environment and the image of companies from Google Inc. to Ikea Group, the growth in renewable energy has been ...

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