Business

Norway earned record profits on gas sales last year, after the price of both gas and oil were pumped up by Russia's war on Ukraine. Now debate is flying over whether Norway has a moral obligation to donate more...

Norwegian government officials were back in court on Tuesday, trying to fend off another legal challenge to their refusal to stop searching for more oil and gas. On the eve of the next UN climate summit, they're on the...

Norwegian authorities still fear that Norwegian Air's proposed acquisition of short-haul carrier Widerøe will weaken competition within Norway's airline industry. They announced on Friday that they're evaluating whether to forbid the acquisition, and gave both airlines until December 8...

Never before have there been so many unsold homes on the market in Norway, nearly 20,000 not including those developers are trying to sell in new projects coming online. Prices also fell around 1 percent last month, but remain...

Norwegian authories have decided to evaluate whether Nordea's proposed acquisition of Danske Bank's private customers in Norway will weaken competition within the Norwegian market. It's already dominated by DNB and the banks are most concerned about the home mortgage...

Sales of new homes and holiday homes fell again last month, car sales have crashed and consumer price hikes are easing if not falling. That all helped prompt Norway's central bank to drop another hike in interest rates for...

An additional 8,700 people in Norway were registered last month as without work and using state welfare agency NAV to help them find jobs. That put the unemployment rate at 2.9 percent in October, still low but slightly rising. NAV...

Another Norwegian government ministry had to summon cleaning crews on Thursday, after being attacked by climate activists unhappy with government oil policy. Now oil advocates are speaking up, and urging the industry to "be more proud of the job...

Climate- and environmental advocates in Norway finally have something to cheer about, after a state commission concluded that the Norwegian government must launch a strategy to phase out oil and gas production as quickly as possible. The commission also...

A Norwegian cheese produced at a small dairy farm in Trøndelag won top honours over more than 4,500 others at the World Cheese Awards on Friday. It's the third time a Norwegian cheese has been crowned as "World Champion"...

Volkswagen (VW), long one of the major car dealers in Norway, has announced it will stop selling all models fueled by gasoline and diesel after New Year. The German producer and its Norwegian importer point to the massive rise...

Norwegian Air's bid to take over Norway's short-haul domestic airline Widerøe is in a holding pattern, while regulators continue to evaluate the deal. Competition authorities have said they need more time to decide whether the takeover would result in...

Norway's car dealers suffered another dramatic fall in new car sales last month. They were down 29.4 percent in September compared to the same month last year, and prospects for the months ahead are poor. Only 10,342 new cars were...

Never before have Norwegian banks ranked so low in terms of customer satisfaction. Ranking lowest are Norway's three biggest banks: DNB, Nordea and Danske Bank, with the latter two set to merge. Higher interest rates, along with the banks' tendency...

The number of unsold homes in Norway's capital has risen to its highest level since 2017. Prices fell by 1 percent in August, but apparently not enough to attract more buyers, while rising interest rates also cut into sales. Real...