financetom
Business
financetom
/
Business
/
Norway to settle $3 billion NH90 helicopter claim, sources say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Norway to settle $3 billion NH90 helicopter claim, sources say
Nov 2, 2025 11:16 PM

PARIS/OSLO, Nov 3 (Reuters) - Norway and leading

European aerospace groups are close to a legal settlement over

Oslo's $3.3 billion claim for damages from NHIndustries over

the cancellation of delayed NH90 sub-hunting helicopters, people

familiar with the matter said.

The settlement will avoid a rare public trial over the

defence procurement as well as a countersuit by NHIndustries and

owners Airbus, Leonardo and GKN Fokker for

hundreds of millions of dollars, ahead of a November 10 hearing.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Ackman's Pershing Square Holdings fund drops nearly 14% so far this year
Ackman's Pershing Square Holdings fund drops nearly 14% so far this year
Apr 9, 2025
NEW YORK, April 9 (Reuters) - Billionaire investor Bill Ackman's Pershing Square Holdings portfolio has lost nearly 14% so far this year, the firm told investors on Wednesday. The losses, through April 8, do not include gains seen on Wednesday, when markets surged after U.S. President Donald Trump paused most tariffs for 90 days. The losses, primarily incurred over the...
Ackman's Pershing Square Holdings fund drops nearly 14% so far this year
Ackman's Pershing Square Holdings fund drops nearly 14% so far this year
Apr 9, 2025
NEW YORK (Reuters) - Billionaire investor Bill Ackman's Pershing Square Holdings portfolio has lost nearly 14% so far this year, the firm told investors on Wednesday. The losses, through April 8, do not include gains seen on Wednesday, when markets surged after U.S. President Donald Trump paused most tariffs for 90 days. The losses, primarily incurred over the previous week,...
Exclusive-Chinese sellers on Amazon to hike prices or exit US as tariffs soar, association says
Exclusive-Chinese sellers on Amazon to hike prices or exit US as tariffs soar, association says
Apr 9, 2025
SHENZHEN, China (Reuters) - Chinese companies that sell products on Amazon ( AMZN ) are preparing to hike prices for the U.S. or quit that market due to the unprecedented blow from President Donald Trump's tariff hikes, the head of China's largest e-commerce association said. Trump said on Wednesday he would raise tariffs on Chinese imports to 125% from the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved