Mass killer Breivik still dangerous and should stay isolated in Norway jail, court hears
By Gwladys Fouche OSLO (Reuters) – Anders Behring Breivik, the far-right fanatic who killed 77 people in twin attacks in Norway in 2011, remains “very dangerous” and should be kept in isolation…
Norway wealth fund buys 45% stake in Boston properties
COPENHAGEN (Reuters) – Norway’s sovereign wealth fund on Tuesday said it had agreed to buy a 45% stake in two properties in Boston in a joint venture with U.S. based real estate…
Norway keeps interest rates on hold, eyes December hike
By Terje Solsvik OSLO (Reuters) – Norway’s central bank kept its benchmark interest rate unchanged at 4.25% on Thursday, as widely expected, and said it would likely raise the cost of borrowing…
Raytheon, Kongsberg to further develop NASAMS missile system, Norway says
COPENHAGEN (Reuters) – The Norwegian defence ministry on Tuesday said it had agreed a new collaboration with U.S. based RTX unit Raytheon and Norway’s Kongsberg Gruppen on further development of the NASAMS…
Norway to keep rates on hold this week, may hike in December: Reuters poll
OSLO (Reuters) – Norway’s central bank is expected to keep its key policy interest rate on hold this week but could hike borrowing costs again by the end of the year to…
Ex-Wagner commander arrested in Norway for attempting return to Russia
By Gwladys Fouche and Nerijus Adomaitis OSLO (Reuters) – Norwegian police have arrested a former commander of the Wagner mercenary group on suspicion that he tried to illegally cross the border back…
Norway raises rate to 4.25%, likely to hike again in Dec
By Terje Solsvik OSLO (Reuters) -Norway’s central bank raised its benchmark interest rate by 25 basis points (bps) to 4.25% on Thursday to curb inflation, as widely predicted, and, in a surprise…
Instant View: SNB leaves rates unchanged, Sweden and Norway hike again
LONDON (Reuters) – In a big day for central banks across Europe on Thursday, Switzerland shocked markets by leaving its interest rates unchanged, while Sweden and Norway met expectations with a quarter-point…
Norway should call off deep sea mining plans, key ally says
By Nerijus Adomaitis and Victoria Klesty OSLO (Reuters) – Norway’s minority government should withdraw its proposal to open a vast Arctic offshore area to deep sea mining and call at least a…
Norway court rules against Facebook owner Meta in privacy case
By Gwladys Fouche OSLO (Reuters) – Meta Platforms can be fined for breaching users’ privacy, a Norwegian court ruled on Wednesday, stopping an attempt by the owner of Facebook and Instagram to…
Facebook owner Meta asks Norway court to halt privacy fine
By Gwladys Fouche OSLO (Reuters) -Meta Platforms on Tuesday asked a court in Norway to stop a fine that the country’s data regulator has imposed on the owner of Facebook and Instagram…
Norway oil companies to boost investments, survey shows
OSLO (Reuters) – Norwegian oil and gas companies plan to invest more in 2023 and 2024 than previously thought, driven mainly by rising activity as well as cost inflation from a weaker…
Norway wealth fund trims overweight tech investments
ARENDAL, Norway (Reuters) – Norway’s sovereign wealth fund has recently reduced its overweight investment position in major tech firms, Chief Executive Nicolai Tangen told a press conference on Wednesday. (Reporting by Gwladys…
Norway seen lifting policy rate to 4.0% this week: Reuters poll
OSLO (Reuters) – Norway’s central bank is expected to raise its benchmark interest rate by 25 basis points (bps) to 4.00% this week to curb inflation, economists polled by Reuters unanimously predicted.…
Norway wealth fund excludes Power Construction Corp of China
OSLO (Reuters) – Norway’s $1.4 trillion sovereign wealth fund has excluded Power Construction Corp of China from its portfolio and placed London-listed Petrofac under observation. The Norwegian wealth fund, set up in…
Ex-Wagner commander who sought asylum in Norway wants to return to Russia
By Nerijus Adomaitis OSLO (Reuters) – A former commander of Russia’s Wagner group who sought asylum in Norway after crossing the Russian-Norwegian border in January said on Wednesday he wanted to return…
Norway government ups spending by $5.3 billion due to inflation, Ukraine aid
OSLO (Reuters) -Norway’s centre-left government said on Thursday it plans to spend an extra 56 billion Norwegian crowns ($5.3 billion) from its sovereign wealth fund in 2023 to compensate for soaring inflation…
Norway sovereign wealth fund excludes Korea Gas, India’s GAIL over Myanmar link
(Reuters) – The Norwegian central bank on Thursday excluded two oil and gas companies from its $1.4-trillion wealth fund, the world’s largest, citing ethical concerns over their ties to the Myanmar military.…
With F-150 Lightning in Norway, you can ford a fjord in an electric Ford
(Reuters) – Ford Motor Co will launch its popular F-150 Lightning electric pickup truck in Norway, the U.S. automaker said on Thursday, as it hopes to tap into high demand for electric…
Norway wealth fund to vote in favour of UniCredit remuneration plan
OSLO (Reuters) – Norway’s $1.3 trillion sovereign wealth fund, one of the world’s largest investors, will vote in favour of the UniCredit remuneration package, it said on Sunday. The Italian bank is…
Norway sovereign fund expects to recover some SVB debt investment
OSLO (Reuters) – Norway’s sovereign wealth fund said on Monday it expects to recover some of the investment it made in the bonds of collapsed U.S. bank SVB Financial Group. “This is…
Norway to order 54 new army tanks from Germany
OSLO (Reuters) -Norway will order 54 new German-made Leopard 2 tanks for its army from the Krauss-Maffei Wegmann Group, and will get an option to buy a further 18 tanks at a…
Norway police ban Koran burning protest after Turkey summons Oslo envoy
ANKARA/OSLO (Reuters) -Norwegian police on Thursday banned a planned anti-Islam protest including the burning of a copy of the Koran this week for security reasons, hours after the Turkish foreign ministry summoned…
Norway to raise spending from wealth fund to aid Ukraine, PM says
OSLO (Reuters) – Norway will increase the spending from its sovereign wealth fund in the coming years to fund military and civilian aid to Ukraine, Norwegian Prime Minister Jonas Gahr Stoere told…
Exclusive-Shell energy transition prompted talks to sell Norway business
By Ron Bousso LONDON (Reuters) – Shell held talks with Harbour Energy to sell its Norwegian oil and gas fields last year but could not reach a deal due to gas price…
U.S., UK, Norway, EU decry South Sudan violence -joint statement
WASHINGTON (Reuters) – The United States, United Kingdom, Norway and the European Union expressed horror at the escalation of violence in South Sudan’s Upper Nile state and urged delivery of humanitarian aid,…
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