Tag: economy

Brexit fallout set to keep swirling

Markets were showing signs of recovery on Wednesday after the shock of Britian's exit from the European Union began to ease, but Norwegian analysts think...

Brende braces for the Brexit storm

Foreign Minister Børge Brende is advising Norwegians "to sit still in the boat" as the storm rises around Great Britian's pending withdrawal from the European...

Norwegian Air’s stock pounded

The Oslo Stock Exchange was having another bad day on Monday, with all its five most-traded shares falling once again. None dove as steeply as Norwegian...

Krone and stocks dive on ‘Brexit’

UPDATED: Norway's key financial markets and the value of its currency all took a sharp dive on Friday after British voters decided to leave the...

Political reaction muted in Norway

NEWS ANALYSIS: Norwegian politicians were mostly regretting British voters' decision to leave the European Union (EU) but reaction was muted and cautious, not least...

Pending FMC layoffs lead to calls for an ambulance

Around 500 employees at FMC Kongsberg Subsea are being warned of possible layoffs this month. Some of them reportedly are taking the news so hard that...

Norway’s anti-EU camp cheers Brexit

While most Norwegian government ministers were hoping Britain remains in the EU, those leading Norway's Nei til EU (No to the EU) movement were cheering...

‘We’re used to others deciding’

Norwegian Prime Minister Erna Solberg, who's long wanted Norway to join the European Union (EU) and thus have a say in forming its policy, was...

Key interest rate kept low and steady

Central bank boss Øystein Olsen capped off weeks of celebrating Norges Bank's bicentennial by announcing Thursday that its executive board had decided to keep...

Hundreds more set to lose their jobs

Subsea 7, the Norwegian-owned offshore firm that specializes in underwater seabed-to-surface engineering and construction services, is poised to lay off another 1,200 employees. The...
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