Tag: economy

Markets fall, then rise on Trump’s win

Oil prices and the Oslo Stock Exchange both fell quickly after real estate investor and showman Donald J Trump emerged as the new US...

Farmers ready to fight trade pact

Norway's powerful farmers' lobby was out in force this week when the Norwegian Institute of International Affairs (NUPI) presented its analysis of how a Transatlantic...

Oil price concerns marred anniversary

Just as Norway's elite were gathering on Thursday to celebrate the 5oth anniversary of the country's oil industry comes warnings of a new oil price...

No change in central bank’s key rate, krone slightly stronger

The executive board of Norway's central bank (Norges Bank) has once again opted to keep its so-called "key policy rate" unchanged at 0.5 percent. The...

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,...
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