News Norway: Norway the clear economic winners after England’s own goal with North Sea oil
A s England and Norway battle it out in the World Cup on Saturday evening, it is worth focusing on one economic story that sums up the different philosophies of both countries. In the late 1960s, both ...
News Norway: Norway: New Wave Of Bank Consolidation
The current wave of consolidation includes a three-way merger deal between Skagerrak Sparebank, Andebu Sparebank and Larvikbanken in southeast Norway. A new wave of consolidation is breaking over ...
News Norway: Norway: Proposed Capital Mandate Raises Small Bank Ire
New capital requirements could reduce the mortgage loan lending capacity for Norway’s small and medium-sized banks by up to $17.3 billion. Norway’s finance minister, Trygve Slagsvold Vedum, faces an ...
News Norway: Norway nets record seafood export sales
Fresh raw whole salmon chilled on ice. Credit: ElenVD/Shutterstock.com. Norway has reported “record” seafood export sales last year, driven by increased salmon volumes and higher prices for ...
News Norway: Norwegian salmon sees growing demand in China amid 'Haaland fever'
Norwegian salmon has seen rising demand from Chinese consumers, as reflected in booming exports, while the Nordic country's soccer star Erling Haaland has gained a growing following among Chinese fans ...
News Norway: Norway’s Gas Exports Set to Remain Close to 2024 Record High
Norway’s natural gas exports hit a record level in 2024 and are expected to remain close to this all-time high in the next few years, gas export system operator Gassco said on Thursday. Last year ...
News Norway: Norway wealth fund to announce measures on Israeli investments next week
By Gwladys FoucheOSLO (Reuters) -Norway's $2 trillion sovereign wealth fund will next week announce changes to the handling of its Israeli investments, Finance Minister Jens Stoltenberg said on Friday, ruling out any blanket withdrawal over the war in Gaza.The government on Tuesday said it had launched an urgent review of the fund's investments over ethics concerns linked to the war in Gaza and the Israeli occupation of the West Bank.
News Norway: CLWT Stock Surges To 4.5 Year Highs - What Is Euro Tech’s Norwegian Partnership About?
At the time of writing, CLWT stock was up 86%, hitting its highest levels in more than four-and-a-half years. Euro Tech has chosen Sea Clean AS to launch its hybrid ballast water port reception and ...
News Norway: Why Norwegian Cruise Line Stock Fell 24% in March
Cruise stocks have rebounded strongly from the pandemic, but Norwegian Cruise Line (NYSE: NCLH) has lagged behind peers like Carnival and Royal Caribbean, in part due to mismanagement and a decline in ...
News Norway: Norway plans to raise financial support for Ukraine, prime minister says
The Norwegian government will soon ask that parliament increases its financial backing for Ukraine, Norway's Prime Minister Jonas Gahr Stoere told public broadcaster NRK on Saturday. "I can say today ...
News Norway: Norway's government gives green light to fintech sandbox
Norway’s Ministry of Finance (MoF) is launching a regulatory sandbox to support the growth of fintechs and boost the adoption of their products and service. The primary objective is to use the sandbox ...
News Norway: Norway Savings contributes $1K for Lovell accessible trail project
LOVELL — Norway Savings Bank has contributed $1,000 to the Greater Lovell Land Trust for an accessible trail project. Established in 1985, GLLT is a nonprofit land conservation organization that aims to protect the ecosystems of the Kezar Lake, Kezar River, Cold River, and Sweden watersheds. GLLT conserves just over 7,500 acres of land through […]
News Norway: Norway Savings names new Senior Human Resources Officer
NORWAY — Norway Savings Bank is pleased to announce that Jackie Curtis has been appointed Senior Vice President, Senior Human Resources Officer. Curtis succeeds Richelle Wallace, who recently retired after serving at NSB for over 19 years. Since her arrival as NSB’s Vice President of Human Resources in 2022, Curtis has been instrumental in […]
News Norway: Norway Savings promotes personnel from within the company
Norway Savings Bank has promoted nine employees to vice president and assistant vice president positions. Bobbie-Jo Chase NORWAY SAVINGS BANK Bobbie-Jo Chase was promoted to vice president, deposit ...
News Norway: Norway Savings delivers $40k to Avesta Housing
From left, Rick Flagg, Norway Savings senior vice president and senior commercial banking officer; Rebecca Hatfield, Avesta Housing’s president and CEO; Holly Pepin, vice president and commercial loan ...
News Norway: Norway's new finance minister Stoltenberg says Trump talks key to averting tariffs
Former NATO chief Jens Stoltenberg, who became Norway's new finance minister on Tuesday, said engaging with the Trump administration on trade was key to avoiding tariffs as Europe braces for a potential transatlantic trade war. The appointment of the widely respected veteran politician and diplomat at a time of global trade tensions could give Norway's struggling Labour government a boost in opinion polls ahead of September's parliamentary elections. "My main advice is that one must spend time e
News Norway: Norway to provide bridging loan to Somalia
MOGADISHU, Somalia - The Government has proposed that Norway should provide a short-term bridging loan of NOK 3.135 billion to Somalia in 2020 to clear Somalia’s debt arrears to the World Bank’s ...
News Norway: The nordic model of microcredit: What we can learn from a norwegian smålån
The world of personal loans can feel shocking when you need money too fast. Lenders promise funding in as little as one business day. In Norway, they offer something called a smålån. To the untrained ...
