Norway keeps rates on hold, will remain unchanged ‘for some time’
By Terje Solsvik and Victoria Klesty OSLO (Reuters) – Norway’s central bank kept its benchmark interest rate unchanged at 4.50% on Thursday, as unanimously expected …
norway
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 …
Inflation hurts investment outlook, Norway sovereign wealth fund CEO says
OSLO (Reuters) – Norway’s $1.5 trillion sovereign wealth fund faces growing obstacles to earning a return on its investments amid persistent inflation, already-high market valuations …
Norway wealth fund could invest $70 billion in private equity
By Victoria Klesty and Terje Solsvik OSLO (Reuters) -Norway’s $1.5 trillion sovereign wealth fund, the world’s largest, should include private equity investments in its portfolio, …
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 …
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 …
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 …
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 …
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 …
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, …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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. …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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, …
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, …
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 …
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 …
Norway companies see weaker outlook, central bank survey shows
OSLO (Reuters) – Norwegian companies see a further deterioration in their outlook for the next six months, a central bank survey showed on Tuesday. “Looking …
Norway police arrest Russian for flying drone amid heightened security
OSLO (Reuters) – Norway police arrested a Russian man at the airport in the arctic town of Tromsoe and charged him with flying a drone, …
Norway posts soldiers at oil, gas plants after Nord Stream leaks
OSLO (Reuters) – Norway’s military said on Monday it had posted soldiers to help guard major onshore oil and gas processing plants, part of a …
Norway to hike taxes by $3 billion on power firms, fish farms
OSLO (Reuters) – Norway’s centre-left government said on Wednesday it plans to increase taxes on electricity producers and fish farmers to raise an extra 33 …
Norway to hike rates by 50 basis points this week – Reuters poll
OSLO (Reuters) – Norway’s central bank is expected to raise its benchmark interest rate again this week and signal a continued rise in the cost …
Norway did not discuss price cap on its gas to EU -prime minister
OSLO (Reuters) – Norway’s prime minister and the head of the European Commission did not discuss setting a price cap for Norwegian gas sold to …
Norway paint maker Jotun exits Russia
OSLO – Norwegian paint maker Jotun said on Tuesday it will exit Russia with immediate effect after selling its local assets in the country to …
All oil and gas fields affected by Norway strike to be fully back up in days – Equinor
OSLO – All oil and gas fields that were affected by a strike in Norway’s petroleum sector are expected to be back in full operation …
Some Norwegian oil workers to strike from July 5, hitting 4% of oil output
By Gwladys Fouche and Terje Solsvik OSLO -Seventy-four Norwegian offshore oil workers at Equinor’s Gudrun, Oseberg South and Oseberg East platforms will go on strike …
Norway decision on helicopters ‘legally groundless’, NHindustries says
PARIS – NH Industries, which is owned by Airbus and Italy’s Leonardo, said on Friday it was “extremely disappointed” by Norway’s decision to return its …
Norway to ramp up offshore wind in drive to go green
By Nora Buli OSLO – Norway unveiled plans on Wednesday for a major expansion in offshore wind energy by 2040, aiming to turn a country …
Norway keeps rates on hold, remains on track for June hike
By Victoria Klesty and Gwladys Fouche OSLO – Norway’s central bank kept interest rates on hold on Thursday as widely expected and restated its plan …
Europe needs more gas from Norway, Equinor CEO says
OSLO – Europe needs more gas from Norway, and from Equinor, as the continent tries to wean itself from Russian gas, Equinor Chief Executive Anders …
Norway wealth fund unable to sell Russian stocks now, CEO says
OSLO – Norway’s sovereign wealth fund is currently unable to sell its portfolio of Russian stocks as the market for such assets is not functioning …
Norway rates to rise amid challenging trade-offs, central bank chief says
OSLO – Norwegian interest rates are set to rise amid strong domestic growth and a buildup of pressure in the economy, but the the war …
Deutsche Bank nominates former Norway wealth fund head to supervisory board
FRANKFURT – Deutsche Bank has nominated Yngve Slyngstad, the former head of Norway’s sovereign wealth fund, to its supervisory board, Germany’s largest lender said on …
Latvian Citizen Extradited from Norway Made Appearance in Federal Court for Role in Money Laundering Conspiracy
United States Attorney Dennis R. Holmes announced today that a Latvian woman has been indicted by a federal grand jury for her role in a …
Norway economy faces negative impact from Ukraine war, statistics agency says
OSLO – The Norwegian economy has recovered from the coronavirus pandemic but now faces a negative impact from Russia’s invasion of Ukraine, Statistics Norway (SSB) …
Investigation into a Broken Arrow Man Who Allegedly Ran a Child Exploitation Enterprise Leads to Rescue of Child Victims and Arrests Across U.S. and Norway
An investigation into a Broken Arrow man alleged to have been an administrator for a transnational child exploitation chat group has led to five additional …
Suspect In Norway Bow And Arrow Attack Had Been Flagged For Muslim Radicalization
The 37-year-old Danish man in police custody for allegedly killing several people in Norway with a bow and arrow was previously flagged for radicalization, according …
Man Kills Multiple People With Bow And Arrow In Norway, report
A man armed with a bow and arrow allegedly murdered several individuals at a town center in Norway on Wednesday night, according to police, The …