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Norwegian and Wideroe together operate 107 routes in Norway, five of which overlap

Watchdog says may stop Norwegian Air's Wideroe bid

Norway's competition watchdog warned today it may block Norwegian Air's bid for domestic rival Wideroe as it could lead to fewer and more expensive flights.

Business • 17 Nov

Norges Bank Governor Ida Wolden Bache said the bank may raise rates in December

Norway keeps interest rates on hold, eyes December hike

Norway's central bank kept its benchmark interest rate unchanged at 4.25% today, as widely expected, and said it would likely raise the cost of borrowing …

Business • 02 Nov

Since August 7, Facebook owner Meta has been subject to daily fines in Norway of $90,000 for breaching users' privacy by using their data for advertising

Facebook owner Meta faces EU ban on targeted ads

The European data regulator has agreed to extend a ban imposed by non-EU member Norway on "behavioural advertising" on Facebook and Instagram to cover all …

Business • 01 Nov

Norway's $1.4 trillion sovereign wealth fund holds stakes in over 9,200 companies globally, owning 1.5% of all listed stocks

Norway's wealth fund posts $34 billion loss in Q3

Norway's $1.4 trillion sovereign wealth fund, the world's largest, posted a loss of 374 billion Norwegian crowns ($33.80 billion) in the third quarter of 2023 …

Business • 24 Oct

Norway central bank raises rate, one more hike 'likely'

Norway's central bank has raised its key interest rate today, its 13th increase in two years, and warned that one more hike is "likely" in …

Business • 21 Sep

Power is almost exclusively produced from hydro in Norway

Free electricity boon for Norway's two biggest cities

Electricity was free in Norway's two biggest cities today, market data showed, the silver lining of a wet summer.

Business • 04 Sep

Norway's annual award of new offshore acreage for drilling is central to the country's strategy of extending oil and gas production for decades to come

Norway's exploration round attracts bids from 25 firms

Norway's latest offshore oil and gas exploration licensing round attracted bids from 25 companies, including Shell, ConocoPhillips, Aker BP and Equinor, the energy ministry said …

Business • 29 Aug

Norway's Equinor and its partners will inaugurate the world's largest floating offshore wind power farm today

Equinor opens world's largest floating wind farm

Norwegian energy firm Equinor and its partners will inaugurate the world's largest floating offshore wind power farm today, whose output will supply nearby oil and …

Business • 24 Aug

Norway's central bank raises rate to 4%

Norway's central bank raised its benchmark interest rate by 25 basis points (bps) to 4% today to curb inflation, as widely expected, and said it …

Business • 17 Aug

Meta Platforms will be fined one million crowns a day by Norway over privacy breaches unless it takes remedial action

Norway regulator to fine Meta over privacy breaches

Facebook and Instagram owner Meta Platforms will be fined one million crowns ($100,000) per day over privacy breaches unless it takes remedial action, Norway's data …

Business • 17 Jul

A general view of the waterfront in Kirkwall, Orkney

UK rejects breakaway bid by Orkney to join Norway

The UK has rejected a possible bid by the North Sea archipelago of Orkney to break away and join Norway, after the leader of the …

World • 03 Jul

The Nordic country was the first in the world to introduce a 40% gender quota on the boards of listed companies, in 2005.

Norway proposes gender quota for unlisted companies

Large and mid-size private firms in Norway must have boards comprising at least 40% women, Norway's government proposed in a bill today, in a further …

Business • 19 Jun

Norway central bank raises rate to 3.25%

Norway's central bank has raised its benchmark interest rate by 25 basis points (bps) to 3.25% today to curb inflation, in line with expectations, and …

Business • 04 May

Norway central bank raises rate to 3% - as expected

Norway's central bank raised its benchmark interest rate by 25 basis points (bps) to 3% today to rein in inflation and said it would likely …

Business • 23 Mar

The deliveries of the missile systems were a response to an urgent request by Ukraine's defence minister (file image)

Longer-range rockets part of $2bn US pledge for Ukraine

A new rocket that would double Ukraine's strike range in its war with Russia was included in a $2.175 billion US military aid package, the …

World • 03 Feb

Flyr's rivals include Norwegian Air and SAS

Norwegian airline Flyr says it faces liquidity crunch

Loss-making Norwegian airline Flyr said today it had failed to raise the cash it needs from shareholders and other potential investors, leaving it in a …

Business • 30 Jan

Norway's central bank keeps rate unchanged

Norway's central kept its key policy rate unchanged at 2.75% today, as expected by a majority of economists surveyed by Reuters, and said it aimed …

Business • 19 Jan

Norges Bank Governor Ida Wolden Bache says more hikes are on the way

Norway's central bank hikes rates by 0.25%

Norway's central bank raised its benchmark interest rate by 25 basis points to 2.75% today, as expected by economists surveyed by Reuters, and said it …

Business • 15 Dec 22

The beliefs of Princess Martha Louise of Norway (L) and her fiancé self-professed shaman Durek Verrett (2nd R) have raised eyebrows in no-nonsense Norway

Norway princess gives up royal duties 'to bring calm'

Norway's Princess Martha Louise has relinquished her royal duties in order to focus on her alternative medicine business with her fiancé, a self-proclaimed shaman.

News Lens • 09 Nov 22

Ida Wolden Bache, the Governor of Norway's central bank

Norway's central bank makes smaller rate hike

Norway's central bank raised its benchmark interest rate by 25 basis points to 2.5% today, in line with its own projections but less than economists …

Business • 03 Nov 22

Norway hikes rate by 50 basis points, more rises ahead

Norway's central bank raised its benchmark interest rate by 50 basis points today, as expected by most economists, and said it plans to hike again …

Business • 22 Sep 22

Russia is due to halt natural gas supplies to Europe via the Nord Stream 1 pipeline for three days at the end of the month

Gas prices soar on Russian supply risk, and outages

British and Dutch wholesale gas prices rose sharply today as the prospect of maintenance on the main Russian pipeline to Europe put markets on edge, …

Business • 22 Aug 22

Norges Bank's monetary policy committee raised the sight deposit rate to 1.75% from 1.25%

Norway central bank hikes rate by 50 basis points

Norway's central bank has raised its benchmark interest rate by 50 basis points (bps), as expected by most economists and said it will likely hike …

Business • 18 Aug 22

Freya was put down last Sunday amid fears she was a threat to the public, and was in a stressed state

Efforts to build statue of popular walrus in Norway

An online campaign has raised over €20,000 to build a statue in Norway for Freya, a beloved walrus that was euthanised by officials last weekend.

World • 17 Aug 22

The walrus, nicknamed Freya, pictured in July

Oslo walrus euthanised as crowds ignore safety warnings

A walrus nicknamed Freya that attracted crowds while basking in the Oslo fjord was euthanised, with Norway officials saying it was the only option but …

World • 14 Aug 22

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