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Saturday, June 6, 2026

Tag: economy

Tough times in the timber industry

One of Norwegian forest owners' most important local customers will be going out of business this weekend, when the Södra Cell Tofte cellulose firm...

Oil fund boss lands on powerful list

Yngve Slyngstad, who heads Norway's huge sovereign wealth fund fueled by the country's oil revenues, has been ranked as the world's third most-powerful investor...

New government may split oil fund

Norway's enormous sovereign wealth fund, known as the "oil fund," looks set to be split up into several different funds if a new, non-socialist...

Arctic community looks to the light

VARDØ: While Norwegians make the most of their short summer, hardy citizens of this small island city up in Norway's far northeast can't claim...

Forest products firm to shut down

Efforts to save what once was a major pulp mill on the Hurum peninsula southwest of Oslo have failed. The Swedish owner of the...

Tax refunds used to reduce debt

Nearly half the Norwegian population received tax refunds averaging NOK 10,000 (USD 1,600) last week, but there aren't many signs they went on shopping...

More economic warnings, ‘no crisis’

The sudden decline in the value of Norway's currency, lower oil prices and a rise in bankruptcies were all prompting another round of warnings...

‘Krone’ falls on bank board news

The value of the Norwegian krone fell sharply on Thursday, after the country's central bank left its key interest rate unchanged and indicated it...

Norway’s key interest rate unchanged despite ‘lower’ economic activity

The executive board of Norway's central bank, Norges Bank, announced on Thursday that it had decided once again to keep its "key policy rate"...

Economic growth grinds to a halt

Norway's booming, oil-fed economy of the past several years is showing clear signs of a slowdown, with some economists predicting that growth is "close...
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