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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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DNBs USA-sjef Giacomo Landi ser flere likhetstrekk mellom 1987 og 2017

Business

Category: Accounting / Financial

– Det store spørsmålet mange stiller seg for tiden, er hvorfor ikke finansmarkedene er berørt av de politiske urolighetene i Washington. Jeg har ikke noe entydig svar på det. DNBs USA-sjef Giacomo Landi står bredbent på kanten av en halvferdig skyskraper i Hudson Yards, 395 meter over asfalten. Her er ingen vegger eller vinduer, bare […]

Source: Dagens Næringsliv


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Norway appoints its first female foreign minister

Business

Category: Government

Norwegian Defence Minister Ine Eriksen Soereide was named minister of foreign affairs on Friday, making her the first woman to hold the post in the Nordic country. She replaces Boerge Brende, who last month was appointed president of the World Economic Forum. The appointment leaves the top three government jobs, that of prime minister, foreign […]

Source: Reuters


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Datatilsynet: Taxiforbundet brøt loven under Uber-etterforskning

Business

Category: Automobile / Transport

Datatilsynet mener Taxiforbundet har brutt personopplysningsloven ved å la pr-firmaet Aabø & Co benytte seg av metoder som «bærer preg av skjult etterforskning» og «til en viss grad minner om skjulte avhør». Datatilsynet pålegger Norges Taxiforbund (NT) å informere alle berørte Uber-sjåfører om at forbundet har samlet opplysninger om dem i det skjulte. DN skrev i […]

Source: Dagens Næringsliv


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