Tag: economy

Statoil optimistic in a new oil market

After years releasing a lot of bad news, the chief executive of Norway's biggest and arguably most important company now seems defiantly optimistic. Statoil CEO...

Telenor, Statkraft cut hundreds of jobs

Norwegian power company Statkraft and state-controlled telecoms firm Telenor announced more major jobs cuts on Thursday. At Telenor, the cuts were blamed on the...

Norwegians regain faith in the economy

For the fourth quarter in a row, surveys and key indicators suggest that Norwegians have regained confidence in the country's economy and have higher...

New oil minister bullish as usual

Terje Søviknes, a veteran politician from the conservative Progress Party, made his North Sea debut as Norway's new oil and energy minister this week when he...

Taxes can usher in sharing economy

A government-appointed commission has cleared the way for the sharing economy to spread in Norway, as long as new services like Airbnb lodging and Uber transport are taxed....

Lowest wage growth in 16 years

Average monthly wages grew by just 1.6 percent in September, the last month for which data was collected and analyzed by state statistics bureau SSB...

Immigration tests the welfare state

Norway has not succeeded in ushering refugees and many other immigrants into the workforce, notes the leader of a commission that's been studying the...

Stocks up, trade down with Trump

The so-called "Trump effect" is boosting some businesses in Norway, but troubling those involved in international trade who rely on long-term export income. The Oslo Stock...

Statoil insists it’s also ‘going green’

Even as Statoil promoted a "fantastic portfolio" of oil drilling projects for 2017 this week, three of them in the sensitive Arctic, top officials insist the Norwegian...

Leaders clash at NHO conference

Norway's national employers' organization NHO gathered some of the most powerful business and political leaders in the country on Thursday for its annual conference...
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