NEWS

Financial / Investment

Reuters: Alone among peers, Norway raises rates, eyes two more hikes

Category: Business News

OSLO (Reuters) – Norway’s central bank raised its main interest rate on Thursday, as expected, and said it may hike again in September and in the first half of 2020 as domestic strength trumps a global economic slowdown, strengthening the crown currency. The bank raised its key policy rate to 1.25% from 1.0%, in line […]

Source: Reuters

Published: May 4, 2024


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DN: Ny konsernsjef i DNB

Business

Category: Accounting / Financial

DNBs konsernsjef Rune Bjerke (58) har meddelt styret i banken at han ønsker å gå av fra 1. september i år etter nær 13 år som øverste sjef for Norges største bank. Styret i DNB har ansatt finansdirektør Kjerstin Braathen (48) som ny konsernsjef. Les hele saken HER.

Source: DN


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Reuters: Norway central bank survey sees stronger growth

Category: Business News

OSLO, June 11 (Reuters) – Norwegian companies in the last three months increased their output at the fastest pace since 2012 and production is set for further strong growth in the time ahead, a central bank business survey showed on Tuesday. “Enterprises expect output growth to remain firm ahead and are planning for solid investment […]

Source: Reuters

Published: June 11, 2019


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Bloomberg: Here’s What Lawmakers Want to Do With Norway’s $1 Trillion Fund

Category: Business News

Key lawmakers gave a nod to a range of changes for Norway’s $1 trillion sovereign wealth fund — from divesting some of its oil stocks, to an overhaul of its fixed-income holdings and tighter restrictions on coal investments. But even after one of the most eventful years in the fund’s history, more change could be […]

Source: Bloomberg


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Reuters: Norway clears way for Euronext to win Oslo Børs in Nasdaq bid battle (Video Link)

Category: Business News

Euronext won approval from Norway’s Ministry of Finance to buy up to 100% of Oslo Børs on Monday, effectively ending a five-month battle with Nasdaq for one of the last independent stock market operators in Europe. See video HERE.

Source: Reuters


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