Home » Business and Investment News » Archive by category "Financial / Investment"

Norway Makes First Deposit to Huge Wealth Fund Since 2016

Business

Category: Financial / Investment

Norway made the first deposit to its $1 trillion wealth fund in almost three years as climbing oil prices and a recovering economy again swell the coffers of western Europe’s biggest crude producer. The Finance Ministry put 1.9 billion kroner ($230 million) into the fund in June, cutting withdrawals this year to 7.9 billion kroner, […]

Source: Bloomberg

Published: August 14, 2018


More

Preparing to Tighten, Olsen Says It’s Back to ‘Normal’ on Norway’s Krone

Business

Category: Accounting / Financial

Norway’s central bank is revealing how it tried to support its economy at the height of the oil crisis that hit the nation in 2014. It reached for the most powerful tool it had: the nation’s floating currency. In an interview in Oslo on Wednesday, Governor Oystein Olsen said that back then it was clear […]

Source: Bloomberg

Published: August 14, 2018


More

Norway Eases Off Dipping Into World’s Biggest Piggy Bank

Business

Category: Accounting / Financial

Norway expects to withdraw less from its giant sovereign wealth fund this year as a recovery in oil prices is boosting the country’s coffers. Western Europe’s biggest oil and gas producer is turning the page on the oil industry’s deepest downturn in at least a generation after output cuts from OPEC and others, coupled with […]

Source: Bloomberg

Published: August 14, 2018


More

Avgiftssjokk fører til røde tall og nedbemanninger

Business

Category: Financial / Investment

Bedriftene som er berørt av avgiftssjokket på alkoholfrie drikkevarer og sjokolade- og sukkervarer, sliter nå i motbakke. I tillegg går den stadig økende grensehandelen direkte utover bedriftenes konkurranseevne. Det viser en fersk medlemsundersøkelse gjennomført av NHO Mat og Drikke. Stortingsflertallets vedtak om avgiftsøkning gir en direkte effekt på lønnsomhet, omsetning og bemanning i 1 av […]

Source: NHO

Published: August 14, 2018


More

Norway Sticks to Tightening Plan as Rate Held at Record Low

Business

Category: Accounting / Financial

Norway’s central bank kept its signal intact to start raising interest rates in the second half of this year, undeterred by a cooling economic recovery in western Europe’s biggest oil producer. In an interim decision on Thursday, Norges Bank, as anticipated, held its key rate at 0.5 percent. The bank reiterated its message from March that […]

Source: Bloomberg

Published: August 14, 2018


More
Page 1 of 18
1 2 3 18

Archive