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Norway’s Central Bank Looks Beyond Covid-19
Category: Business News
Norway’s central bank has signaled that it plans to take the plunge by making the country the first developed nation to shift from pandemic-era policy and raise interest rates by the end of the year. The oil-rich country’s central bank, Norges Bank, said Thursday that a faster-than-expected pickup in global economic activity coupled with notable […]
Source: The Wall Street Journal
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POLL-Norway central bank rates seen on hold next week, hike draws nearer
Category: Business News
Norway’s central bank is expected to leave its key interest rate unchanged next week at a record low 0.0%, but it may warn of a steeper rise ahead than previously forecast, amid signs of economic recovery, a Reuters poll of economists showed on Thursday.
The 24 participants in the poll were unanimous in predicting no change in the policy rate when the outcome is announced on March 18, in line with the central bank’s own view.
Source: Reuters
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Yara proposes NOK 20 per share dividend, establishes Clean Ammonia unit
Category: Business News
Yara reports improved fourth-quarter deliveries, offsetting the impact of higher energy cost. Fourth-quarter net income was USD 246 million (USD 0.93 per share) compared with USD 199 million (USD 0.73 per share) a year earlier. “Yara delivers its tenth consecutive quarter with improved capital returns, with increased deliveries and production offsetting the impact of higher […]
Source: GlobeNewswire
Published: February 9, 2021
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Norway enlists experts to probe climate opportunities for SWF
Category: Accounting / Financial
The Norwegian government said it has appointed a panel of experts to look into financial climate risk and climate-related investment opportunities in relation to the country’s NOK11trn (€1trn) sovereign wealth fund. Read full article
Source: IPE
Published: February 5, 2021
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DNBs New York-kontor: Ser store muligheter med Biden som president
Category: Business News
NEW YORK (E24): Leder av New York-kontoret til DNB, Mats Wermelin, mener USAs nye president Joe Biden vil være bra for norsk industri.
Source: minE24
Published: June 19, 2021
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