NEWS

Government

Norway to End Coronavirus-related Restrictions on September 25, 2021

Category: Business News

OSLO (Reuters) -Norway will reopen society on Saturday, the government said, ending its coronavirus-curbing restrictions, which have limited social interaction and hobbled many businesses. The Nordic nation joins a small but growing number of countries, including Denmark and Britain, which have removed all domestic restrictions limiting the spread of the coronavirus. “It is 561 days […]

Source: Reuters


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US to Lift Travel Ban on EU Citizens

Business

Category: Airline / Travel

Washington has agreed with its EU counterparts to lift travel restrictions for vaccinated citizens, three senior EU officials told POLITICO. EU ambassador to the U.S. Stavros Lambrindis also wrote on Twitter that he hoped there would be “a positive announcement soon” on the U.S. travel ban. European Commissioner for the Internal Market Thierry Breton is meeting the […]

Source: Politico


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Norway’s Center-left Labour Begins Coalition Talks as Anti-oil Greens Sidelined

Category: Business News

(CNN)Norway’s main opposition Labour Party is beginning coalition talks to form a government Tuesday after the ruling Conservatives lost their command in parliamentary elections and the anti-oil Greens failed to win enough seats to become the potential kingmaker.   Labour is likely to form an alliance with the country’s Center Party and the Socialist Left […]

Source: CNN


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World’s Biggest Wealth Fund Steps Up ESG Focus in Real Estate

Category: Business News

(Bloomberg) — The sovereign wealth fund of Norway says it’s working on a strategy update to ensure its $30 billion property portfolio lives up to the carbon neutrality goals mapped out in the Paris Agreement. “It’s time to walk the talk more,” said Mie Holstad, who oversees real assets at Norges Bank Investment Management. “What […]

Source: Bloomberg


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Norway’s Unemployment Surprise Cements September Rate Hike Case

Category: Business News

Norway’s unemployment fell more than expected, cementing the case for Norges Bank to begin post-crisis interest rate hikes later this month. The seasonally-adjusted registered jobless rate declined to 2.7% in August, compared with the median estimate of 2.9% in a Bloomberg survey of economists that was in line with the central bank’s expectation published in June. Norges […]

Source: Bloomberg


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