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Friday, June 5, 2026

Tag: economy

‘We’re crying with our clients’

Several top maritime lawyers who serve Norway's shipping industry are working even longer days than usual, as miserable shipping markets wreak havoc with the...

Central bank cuts interest rates

UPDATED: The executive board of Norway's central bank (Norges Bank) cut its key lending rate by a full half-point on Wednesday, because of concerns...

Aker chose ‘The Tromsø Solution’

The northern city of Tromsø was celebrating after industrial firm Aker Solutions chose what it called "The Tromsø Solution" for its Arctic base of...

Shopping season clicks into gear

Parking lots were full at many shopping centers in Norway through the weekend, with retailers legally allowed to stay open on Sunday during the...

Banks reluctant to cut dividends

Norway's central banker and its finance minister have called on the country's commercial banks to boost their own capital, to better meet financial turmoil....

Norwegians lining up for food

Lines at soup kitchens aren't just occurring in crisis-struck countries in southern Europe. Some people are waiting more than four hours for food handouts...

Fewer immigrants arrive in Norway

As the economy shows signs of slowing down in Norway, fewer immigrants from eastern Europe are arriving in the country looking for work. More...

Fredriksen vows to save Frontline

Norwegian shipowner and industrialist John Fredriksen, long ranked among the wealthiest men in the world, remains in command of Oslo-based tanker-owning company Frontline. Tankers...

Oil fund boss a long-term optimist

As chief of Norway's huge sovereign wealth fund, fueled by oil revenues, Yngve Slyngstad is one of the most powerful financial players in the...

Statoil in huge gas field deals

Norwegian oil company Statoil announced Monday that it was selling off five North Sea gas fields and greatly reducing its takes in three more,...
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