Skavlan loses viewers back home

Norwegian talk show host Fredrik Skavlan quickly zoomed to Scandinavian stardom when his show that started on Norway’s NRK, Skavlan, also started being carried several years ago by Swedish broadcaster SVT1. Now he’s losing viewers back home in Norway, though, after he moved the show from NRK to Norway’s national commercial TV station TV2. Skavlan […]

Berit Svendsen lands at Vipps

Norway’s most high-profile female executive, Berit Svendsen, has swapped one state controlled company for another. After feeling compelled to resign from Telenor last month she’s now accepted responsibility for building up the new Vipps electronic payment system, which was launched by Norway’s biggest bank DNB. “Vipps is a little Norwegian pearl that can be a […]

Oslo Stock Exchange tops all the others

The Oslo Stock Exchange (Oslo Børs) has provided better returns for investors this year than any other stock exchange in the world. The small but financially mighty bourse reflects the effect rising oil prices have had on the resurgent Norwegian economy, and even the economic redevelopment of the neighbourhood surrounding it. Surrounded by a fenced-in […]

Obama tickets sold for NOK 32,000

Former US President Barack Obama was due to arrive in Oslo on Wednesday, under vastly different circumstances than when he made a triumphant landing to accept his Nobel Peace Prize in 2009. This time Norwegians are paying him cash to come, and lots of it. Obama will be speaking to around 3,000 business leaders and […]

Norway set to ‘talk back’ to US at UN

Norwegian Prime Minister Erna Solberg and her foreign minister, Ine Eriksen Søreide, smiled for cameras ahead of Tuesday’s opening of the UN General Assembly in New York. Both, however, are “sad” and disappointed over how US President Donald Trump’s rhetoric is putting years of international cooperation at risk, and they intend to speak along entirely […]

DNB raises its mortage rates

Norway’s biggest bank, DNB, didn’t waste any time in raising interest rates on its home loans. It became the first Norwegian bank on Friday to warn customers that rates would rise by a quarter-point from November 4. DNB’s increase comes just a day after Norway’s central bank announced the same increase in its key policy rate. […]

Svendsen mulls ‘exciting’ offers

Berit Svendsen, the highly rated executive who felt compelled to leave Telenor earlier this month, says she’s had “incredibly many nice messages and exciting offers” since her headline-grabbing resignation. Management experts think the company has suffered because of it. “Seen from the outside, it seems like a lot of energy is used on internal positioning […]

Interest rates begin to creep upwards

The executive board of Norway’s central bank cautiously raised interest rates on Thursday for the first time in seven-and-a-half years, but not as much as predicted. An increase was widely expected and even viewed as good news because it’s a sign of renewed strength in the Norwegian economy, while some economists question whether the rise […]

NHO’s boss will be missed

Colleagues at Norway’s national employers association NHO were all but mourning the looming loss of their boss, Kristin Skogen Lund, after she confirmed that she was resigning the powerful position to accept a new job as chief executive of Schibsted Group, the large Norwegian media company. Lund formerly headed Schibsted’s biggest newspaper, Aftenposten, and staff there were […]

Norway ready for post-Brexit talks

The Norwegian government has a delegation ready to launch more formal negotiations over Norway’s looming bilateral relationship with the UK once it leaves the EU. Talks may start soon, even as the UK’s own Brexit negotiations with the EU remain complicated and the result highly unclear. News bureau NTB reported  this week that the UK […]