Tag: economy
Bank worker swindled 5.5 million
A former employee of Norwegian bank DnB NOR has confessed to gross embezzlement, fraud and falsification of documents that amounted to NOK 5.5 million...
Key suspects reject Nordea fraud guilt
Several of the five suspects in the Nordea fraud case, one of the biggest such cases in Norwegian history, began answering questions in an...
Interest rates unchanged as stocks fall
The Norwegian central bank, Norges Bank, has decided to hold interest rates at 2.25 percent in light of continuing global economic uncertainty, despite having...
Stock Exchange rallies despite fears
Norwegians have begun predicting the possible consequences of the unfolding drama in international markets for the country, as the Oslo Stock Exchange itself put...
Oslo Stock Exchange continues fall
The Oslo Stock Exchange's main index fell by 5.65 percent to 344.39 by the end of trading on Monday, as turbulence in the international...
Statoil in massive North Sea discovery
Norwegian part state-owned oil and gas enterprise Statoil has found new oil deposits in the North Sea that could represent the largest new discoveries...
Stocks and oil fund take further hit
The Oslo Stock Exchange (OSE) fell to a new low for the year on Friday despite promising unemployment figures from the USA, while the...
Economy prospers despite EU crises
UPDATED: Revised forecasts suggest that the Norwegian economy will do better than originally expected this year, giving many consumers more money than they may...
Lithuania criticizes Norwegian bank
The Lithuanian state finance regulator has attacked Norwegian bank DnB NOR for "unprofessional behaviour" after it allegedly sold structured savings products to amateur investors...
Part of Sellafield nuclear plant closes
Part of the British nuclear energy plant Sellafield is to be closed down as a consequence of the after-effects of the Fukushima incident in...
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