Tag: economy

New aluminum giant wins praise

This week's sudden birth, in Oslo, of what's being called the world's biggest "aluminum solutions provider" was being hailed on Tuesday as everything from...

Oil fund invests in more real estate

Norway's bulging sovereign wealth fund, more popularly known as the "oil fund," announced more purchases in the international real estate market last week. After...

Jobless rate still high for immigrants

Norway's strong oil-fueled economy has kept the country's unemployment rate low for years, but it's still high for immigrants, especially those from Africa, South...

Historic industrial firm gears for stock spin-off

Borregaard, which has long played an important role in Norway's industrial history, is about to be spun off from its parent company of the...

The new budget’s household effects

The new state budget presented by Finance Minister Sigbjørn Johnsen on Monday may seem like pretty dry stuff, but it affects nearly every aspect...

Government rolls out ‘tight’ budget

Norway's left-center coalition government was rolling out what it called a "tight" state budget for the next year on Monday, but it nonetheless contains...

Government pushes own trade agenda

Just as Norway's government is sparking anger in Brussels over its intention to boost important tariffs on meat and cheese, it's also fighting a...

Norway loses world’s biggest rig firm

The mayor of Stavanger is among those left "sad" and "disappointed" after Seadrill, which Norwegian tycoon John Fredriksen built into the world's largest offshore...

Norway tops in kitchen remodeling

Norwegians are fixing up their kitchens like never before. Armed with purchasing power and a strong willingness to invest in their homes, Norwegians are...

Housing prices flatten out

A decline in the numbers of prospective buyers attending open house showings, and a rise in what brokers call "buyer selectivity," seemed to finally...
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