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Thursday, June 18, 2026

Tag: economy

Darker days for Norway’s Statoil

Statoil, hit by a string of serious accidents lately, had to deal with more bad news on Thursday when its third-quarter financial results showed...

Telenor’s job cuts ‘shocked’ workers

After years of major expansion abroad, Norway's state-controlled telecoms firm Telenor is consolidating and cutting back at home. Nearly 200 employees at Telenor offices...

Embracing an uncertain future

The dive in oil prices has pushed thousands of people in Norway out of once-secure jobs in the oil and offshore industry. As job losses...

Oil can’t grease many more budgets

With less money flowing into state coffers from Norway's offshore oil fields, and the return on that money reduced as well, even Finance Minister Siv...

Better numbers can cheer government

As the price of Norway's crude oil broke through the USD 50 mark this week, the value of the country's currency also rose. Finance...

Oslo stocks rose with the oil price

Statoil's share price jumped more than 5 percent and the main index of the Oslo Stock Exchange was up nearly 2 percent on Thursday,...

Labour defiant as economy recovers

NEWS ANALYSIS: Thursday's decision by Norway's central bank to scrap another interest rate cut illustrates how the country is recovering from the economic shock...

Still no change in key interest rate

Norway's central bank (Norges Bank) seemed to follow the advice of a vast majority of local economists on Thursday in deciding to keep its key...

Home prices go through the roof

Now even real estate agents are sounding the alarms over Norway's rapidly rising prices for single-family homes and apartments. Figures released on Monday show...

Economist quits DNB for NHO

One of Norway's most high-profile economists will be leaving the country's biggest bank, DNB, after 18 years. Øystein Dørum has been wooed over to...

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