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Saturday, June 6, 2026

Tag: economy

Stocks recover but krone stays weak

Norwegian share prices and foreign exchange rates continued to swing in the midst of more market turbulence on Thursday. Share prices rose, but the krone remained weaker...

Unemployment rate rises to 4.5 percent

The numbers of Norway's jobless residents swelled to 124,000 in June, according to new seasonally adjusted numbers released Wednesday by state statistics bureau SSB...

Solberg: ‘Norway is not in crisis’

Prime Minster Erna Solberg held firm on Wednesday that Norway's economy is still not in any crisis, despite this week's market turbulence and the...

Krone falls and rises with wild market

Norway's currency continued its wild ride this week, both falling and recovering along with markets that grabbed attention worldwide. The krone gained against the US...

More job losses, in shipping and media

Solstad Offshore, based in the picturesque town of Skudeneshavn on Norway's west coast, doesn't see any prospects for improvement in the oil industry and...

Oslo shares fall in global market dive

UPDATED: The value of shares in companies traded on the Oslo Stock Exchange took a dive when the market opened Monday morning. The steep decline...

Job uncertainty grips Norwegians

After reaping the benefits of a super-strong economy and enormous wealth creation for the past decade, Norwegians now face rising uncertainty as jobs disappear following the sharp...

Labour loses as unemployment rises

While many Norwegian politicians still hesitate to use the word "crisis" when describing the consequences of much lower oil prices for Norway's economy, rising unemployment...

Another 160 jobs lost, at Wärtsila

The Norwegian operations of Wärtsila, a major supplier to the oil and offshore industry, announced Thursday it was cutting so many jobs that as many as 160...

Law firm hosts seminars for foreign workers facing layoff

UPDATED: A law firm in Stavanger, a city hit hard by the ongoing downturn in the oil and offshore industry, decided to host an...
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