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Wednesday, June 17, 2026

Tag: economy

Strong sales stun the doomsayers

Cars sales are up, construction firms are busy, housing prices are higher than ever and unemployment figures are declining, even in some areas of...

Warnings issued over interest rates

High debt levels in Norway combined with a sudden spike in interest rates could quickly hit the country's economy harder than cutbacks in the oil...

Norway copes with a national tragedy

As grim work continued in the aftermath of Friday's helicopter crash near Bergen, Norwegian police could release the identities on Monday of eight of its victims....

Unemployment rate steady at 4.6 percent

Norways's state statistics bureau SSB (Statistics Norway) announced a seasonally adjusted unemployment rate on Thursday of 4.6 percent for February. SSB's numbers showed that...

Soap factory down the drain in Kristiansund

More than 100 years of making soap in Kristiansund were washed down the drain on Tuesday, when the board of the Lilleborg cleaning products unit...

Another job cut alarm sounds in Statoil

Norwegian oil company Statoil may need to cut as many as an additional 500 jobs, reported newspaper Stavanger Aftenblad on Monday. The cuts would...

Hotel guests hit hard by major strike

Norway's biggest hotel has closed its doors, guests have been forced to relocate against their will and one hotel manager took it upon himself to serve breakfast...

More jobs disappear at oil and offshore firms

National Oilwell Varco (NOV) has confirmed that another 520 of its employees will be laid off, the latest casualties of the sharp economic downturn...

Hurtigruten places biggest order ever

Norway's famed coastal shipping line Hurtigruten announced a major fleet renewal and expansion on Thursday, formally placing an order for up to four new passenger and...

‘Game of krones’ surprises players

Norway's krone was keeping currency players busy on Tuesday, zooming back up to a value higher than it was before OPEC ministers failed to reduce oil production...
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