Economics

Norway’s sovereign wealth fund should encourage companies within its portfolio to be more transparent about their tax affairs, according to the country’s Parliament. In a report by the Storting’s cross-party …

Foreign workers are leaving Norway like never before, new figures from Statistic Norway (SSB) show. Norway’s economic recession has led to high unemployment rates among foreign workers and according to …

Ryanair has come under attack for deciding to close its base near Oslo – a move that is expected to result in the loss of 1,000 jobs – after Norway …

Norges Bank Investment Management (NBIM) has welcomed the Financial Stability Board’s efforts to draft “homogeneous, appropriate and consistent” reporting guidelines for climate risks. The manager, responsible for Norway’s NOK7.1trn (€763bn) …

Norway’s largest farmer-owned dairy co-operative TINE are to open a new Jarlsberg cheese production facility in Ireland. The project will see TINE form a partnership with Dairygold’s existing speciality cheese …

The Norwegian Export Credit Agency (GIEK) has said that the sharp downturn in the offshore industry means that a massive 50 per cent of its NKr102 billion (US$12.3 billion) loan …

When Snøhetta was approached to develop and identity for Høyskolen Kristiania it developed a concept that would embrace the school’s holistic focus on the individual rather than education alone. Høyskolen …

European lobby group Airlines for Europe (A4E) said it is “astonished” that Norway’s government is pressing ahead with a new airline passenger tax despite evidence that such levies depress demand …

Norsk Titanium AS, the world’s pioneering supplier of aerospace-grade, additive manufactured, structural titanium components, today announced it has closed a $10 million growth debt facility with Harbert European Growth Capital …

Lexus is by far the car brand which the Swedish and Norwegian car owners are most satisfied with. It is the fifth year that Lexus is included in the AutoIndex …

The initial launch comprised two flavours, peach and lemon with a black tea base. The new addition to the range is a citrus green tea variant. Imsdal is Norway’s leading …

Departing IRO Pål Kildemo promoted to head of finance for primary metals division. Finance executive Stian Hasle has been promoted to lead the IR team at Norsk Hydro. Hasle has …

SHANNON Airport is well positioned to tap into any potential deal for a new carrier to fly to the United States, if the way is cleared by US authorites for …

Hillary Clinton is urging the White House to reject Norwegian Air’s application to fly to the United States over questions about its labor practices, adding her voice to a growing …

An oil-dependent economy straddling the Arctic Circle, battered by low prices but sitting on a massive savings account. That could describe Alaska, but it also describes Norway. Norway’s ambassador to …

Norway-based mobile operator Telenor Group has acquired Malaysia-based licensed money services business Prabhu Money Transfer Sdn Bhd, in order to reinforce its mobile financial services footprint in Asia. The terms …

Norway exported seafood worth NOK 21.3 billion in Q1 2016, – an increase of 22 per cent or NOK 3.8 billion compared with Q1 2015. For the month of March …

Oslo Guldsmeden was the first hotel in Norway to be awarded Green Globe certification. Green Globe recently recertified the property for the fourth consecutive year. The Oslo Guldsmeden is an …

The world’s largest sovereign wealth fund intends to take legal action against Volkswagen. It follows revelations the carmaker rigged exhaust systems of 11 million diesel cars worldwide and cheated official …

The Allied Pilots Association, certified collective bargaining agent for the 15,000 pilots of American Airlines, expressed strong opposition to the Department of Transportation’s decision to grant tentative approval to Norwegian …

The Director General of the Norwegian Air Investigations Branch (AIBN) said work has begun to put “together the puzzle” of what happened on board a fatal North Sea helicopter crash. …

The Norwegian government will tap into its wealth fund once again to sustain government operations, as the sting of a low-priced oil market burdens the Scandinavian country, according to Reuters. …

‘The arts are a key element of the global exchange of ideas and opinions, and it is important for Norway to make its voice heard here. This is one of …

Norway will take more money from its $858-billion sovereign wealth fund to combat a deeper-than-expected economic slowdown as the drop in oil prices continues to hurt western Europe’s top crude …