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The first three Lockheed Martin’s 5th Generation stealth aircraft have arrived in Norway

Business

Category: Defense / Security

The Norwegian Air Force accepted three F-35A jets on Friday as part of plans to phase out aging F-16 fighters. The event marks the first delivery of the Lockheed-made fifth-generation aircraft to Norway’s Orland Air Force Station, where they will be permanently stationed, the Aviationist notes. The trio landed around 3 p.m. local time. The company unveiled the […]

Source: Sputnik News


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Erna Solberg number 46 in Forbes’ list of the 100 most powerful women in the world

Business

Category: Government

PM Erna Solberg (H) is ranked number 46 in Forbes’ list of the 100 most powerful women in the world. Dubbed Norway’s Angela Merkel, Solberg recently became the first Conservative prime minister to win a second term since 1985. Solberg has melded a conservative fiscal stance with a humanistic point of view that also emphasizes […]

Source: Forbes


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Tesla confirms building new biggest charging station in Europe – 42-stall Supercharger

Business

Category: Automobile / Transport

Tesla is still far from its goal to have 10,000 Superchargers online around the world by the end of the year, but they might still have a shot thanks to several new large stations coming online. The company confirmed that it is currently building a new 42-stall Supercharger station in Norway, which should become the biggest […]

Source: Electrek


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Norway Keeps Rates at Record Low to Back Recovery From Oil Slump

Business

Category: Accounting / Financial

Norway’s central bank kept its benchmark interest rate at a record low to help support an economic rebound from the worst oil-industry crisis in a generation.  The bank left the key deposit rate at 0.5 percent on Thursday, without giving updates on its forecasts since it’s a so-called interim meeting. Norges Bank still appears to […]

Source: Bloomberg


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Norway oil fund posts sixth straight quarter of gains

Business

Category: Accounting / Financial

Norway’s $1tn oil fund took advantage of benign market conditions over the summer to post its sixth consecutive quarter of positive returns. The world’s largest sovereign wealth fund returned 3.2 per cent in the third quarter with strong stock markets ensuring its equity portfolio gained 4.3 per cent while bonds delivered a 0.8 per cent […]

Source: FT


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