According to the finance ministry in Oslo, the country has reaped 1,270 billion kroner (€107.7 billion) in additional revenue thanks to higher gas prices and production. It has been criticized for allocating only a fraction of this on aid to Ukraine.
Norway's central bank held its policy interest rate unchanged at a 17-year high of 4.50% on Thursday, as unanimously expected by analysts in a Reuters poll, and maintained plans to start cutting borrowing costs in March.
Norwegians don’t let the cold deter them from enjoying their capital city—and neither should you. Here’s how to enjoy Oslo in the winter.
Norway plans to require all new buildings to have a bomb shelter as part of its efforts to boost crisis resilience of its civil society after neighboring Russia’s invasion of Ukraine.
Norway's sovereign wealth fund said on Wednesday it has bought a 25% stake in a mixed-use property portfolio located in London's Mayfair district for 305.7 million pounds ($376.53 million).
Norway's sovereign wealth fund, a major global investor, said on Tuesday it is proposing that publicly listed companies should stop reporting quarterly earnings and instead opt for half-year results in order to encourage better long-term decision-making.
The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary pressure in the United States posed a risk to financial markets this year.
OSLO, Norway, Jan. 21, 2025 /PRNewswire/ -- Norwegian web browser company Opera [NASDAQ: OPRA] is setting up hygge desks in the most beautiful cabins across Norway and is looking for ten people to browse the web from them for a week.
Norway and Poland have announced their intention to form a strategic partnership focused on energy. Following a meeting in Oslo, the countries' leaders highlighted the importance of this partnership for security,
Bishop Frederik Hansen, who selected Lex tua veritas — “Your law is truth” — as his episcopal motto, succeeds Bishop Bernt Ivar Eidsvig in leading the increasingly diverse Catholic community within predominantly Lutheran Norway. The 45-year-old served in the Vatican’s diplomatic service under Cardinal Parolin until 2022.
A direct service between Oslo and Malmö will be available in the summer, Norway’s state-owned rail firm Vy announced on Wednesday.
The Royal Norwegian Air Force has become the first operator to fly the Lockheed Martin F-35 stealth fighter using what Oslo describes as being a "significant proportion" of sustainable aviation fuel.