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Satanic Verses Victim The Norwegian publisher of Salman Rushdie's The Satanic Verses was shot in the back at his home outside Oslo by an unidentified gunman. William Nygaard, 50, was expected to recover fully from the attack. He is the third person to be injured or killed as the result of an association with the book...
...Whatever the fund's well-meaning guidelines, policing them across such a sprawling portfolio is ultimately impractical. "Is any one of these 7,000 companies behaving in ways that you would not be comfortable with?" asks Slyngstad. "Yes, of course." But his team, which is spread between Oslo, London, Shanghai and New York City, tries to use its heft strategically - for example, to pressure firms in a sector like Brazilian mining, in which exploitation of child labor persists. Nor will the environmentally unfriendly origins of the fund's cash prevent it from pressing for better ecological standards. Last year...
...expect the headquarters of Telenor, Norway's biggest telecom company, to reflect at least some of its Scandinavian side. Sure enough, meeting rooms are furnished with wooden floors, sleek tables and angular armchairs; there's even a breathtaking view of the Oslo Fjord. But look closer. The small silver plates and golden sculpted boats in one such room are from Bangladesh; the green-and-gold tea set, with its five matching cups, from Thailand. And the black-and-gold rug hanging on a wall is among the finest you would find anywhere in Pakistan...
...times its number in Norway. The area now accounts for some 30% of Telenor's $17 billion in annual revenues, and will generate 36% in a couple of years, according to estimates by investment bank Dresdner Kleinwort. Asia, says Arild Nysaether, telecoms analyst at investment bank Fondsfinans in Oslo, is simply "the most important part of Telenor." And it's a point not lost on bigger rivals. France Télécom, Europe's third largest operator, said in mid-April it was looking into a potential takeover of Telenor, among other options. (Telenor declined to comment...
...threat." That perception could ease Telenor's way into a fresh round of expansion in Asia. "We have a lot to offer in markets where Telenor is not present for the time being," says Baksaas, with Vietnam, Indonesia and the Philippines all on watch. Back at the firm's Oslo headquarters, meeting rooms could get even more eclectic...