NEWS

Accounting / Financial

Bloomberg: Nasdaq and Euronext Intensify Battle to Take Over Oslo Bors

Business

Category: Accounting / Financial

The fight for Oslo Bors intensified on Monday as Nasdaq Inc. made a formal takeover bid while Euronext NV signaled it may raise its offer to buy Norway’s main exchange. Nasdaq is ready to pay 152 kroner a share for Oslo Bors VPS Holding ASA, valuing it at 6.54 billion kroner ($770 million), which is […]

Source: Bloomberg

Published: April 2, 2019


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KPMG: Verdens 10 største geopolitiske farer i 2019

Business

Category: Accounting / Financial

Geopolitiske spenninger som har bygget seg opp over tid, utgjør den aller største risikoen i år.– Alle piler peker i feil retning, sier Agathe L’Homme, analytiker i KPMGs Corporate Intelligence-avdeling. KPMGs alliansepartner Eurasia Group, et ledende selskap innenfor geopolitiske analysearbeid, har utarbeidet en liste over de ti største geopolitiske utfordringene de mener verden står overfor […]

Source: KPMG in Norway

Published: August 7, 2020


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Norway’s Biggest Bank Seeks Broader Profit Mix to Match Rivals

Business

Category: Accounting / Financial

DNB ASA finally feels it’s getting some respect from investors, but it has some way to go in matching its Nordic rivals on its income mix. With Nordea Bank Abp moved to Finland and Danske Bank A/S mired in a money laundering scandal, Norway’s DNB is now Scandinavia’s biggest bank by market value. While calling itself the largest Scandinavian bank […]

Source: Bloomberg


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Norway’s $1 Trillion Wealth Fund Moves a Bit Closer to Oil Exit

Business

Category: Accounting / Financial

Norway’s $1 trillion sovereign wealth fund cleared a hurdle on its proposed path to exiting oil and gas stocks. The fund won support from key academics at Norway’s top universities, whose responses are part of a hearing process. But more weight will likely be given to the opinion of an expert group, which will give its view […]

Source: Bloomberg


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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


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