Category: Accounting / Financial
Norway’s oil riches are allowing the country to avoid the slow growth, slow inflation trap that’s gripping much of the developed world. Its central bank on Thursday raised its key interest rate for a second time since September and signaled there’s more to come. After delivering a rate increase to 1 percent, Norges Bank Governor […]
Source: Bloomberg
Published: December 23, 2024
Category: Accounting / Financial
Norwegian exchange operator Oslo Bors has recommended that its shareholders accept a sweetened buyout offer made by U.S.-based Nasdaq Inc on Monday, and reject a bid from Euronext. Nasdaq is the preferred owner for Oslo Bors from an “industrial and strategic perspective,” Oslo Bors said, reiterating earlier statements endorsing Nasdaq’s bid. Earlier on Monday, Nasdaq […]
Source: Nasdaq
Published: March 4, 2019
Category: Accounting / Financial
Norway’s clout in financial markets far outweighs its economy, which is about a 10th the size of Germany’s. The central bank’s $1 trillion investment fund plows the Nordic nation’s oil income into public securities and has become the biggest of its kind, owning about 1.4 percent of global stocks. Yngve Slyngstad, who grew up in Asker […]
Source: Bloomberg
Published: February 2, 2019
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
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: December 23, 2024