https://feeds.thelocal.com/ Read the latest news and views from Norway in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Norway's sovereign wealth fund, the world's largest, gained some 38 billion euros (380 billion kroner) in the first quarter, boosted by stock market investments, it said Wednesday. https://www.thelocal.no/20210421/norways-wealth-fund-gains-38-billion-euros-in-first-quarter Wed, 21 Apr 2021 15:28:15 +0200 norways-wealth-fund-gains-38-billion-euros-in-first-quarter Nav, Norway’s public welfare agency, is preparing to issue holiday pay on unemployment benefits before the summer, even though the scheme is yet to be adopted. https://www.thelocal.no/20210408/norway-to-issue-holiday-pay-to-furloughed-and-unemployed Thu, 08 Apr 2021 15:47:23 +0200 norway-to-issue-holiday-pay-to-furloughed-and-unemployed Norway's sovereign wealth fund, which is financed from taxes paid by the nation's oil and gas industry, said Wednesday it had made its first direct investment in renewable energy infrastructure. https://www.thelocal.no/20210408/norway-wealth-fund-buys-first-renewable-energy-stake Thu, 08 Apr 2021 11:57:30 +0200 norway-wealth-fund-buys-first-renewable-energy-stake Norway, which goes to the polls on Monday, is an island of prosperity in Europe, with so much money that it literally doesn't know what to do with it. https://www.thelocal.no/20130908/norway-oil-fund-riches-raises-state-coffers-dilemma Sun, 08 Sep 2013 12:40:00 +0200 norway-oil-fund-riches-raises-state-coffers-dilemma The Oslo Stock Exchange hovered at near standstill on Tuesday, with the main index climbing 0.04 percent in the first half hour of trading. https://www.thelocal.no/20130702/oslo-stock-exchange-at-mid-morning-hover Tue, 02 Jul 2013 13:24:00 +0200 oslo-stock-exchange-at-mid-morning-hover Norway on Tuesday lowered its growth forecast for this year to levels that will still see it outpace its European neighbours, but which could weaken the current government ahead of September's election. https://www.thelocal.no/20130507/norway-cuts-growth-forecast-amid-europe-turmoil Tue, 07 May 2013 17:26:00 +0200 norway-cuts-growth-forecast-amid-europe-turmoil Norway's biggest bank DNB said Wednesday it would compensate hundreds or even thousands of savers after the Supreme Court ruled it misinformed its customers about some of its products. https://www.thelocal.no/20130403/norways-biggest-bank-refunds-savers-for-bad-deals Wed, 03 Apr 2013 19:25:00 +0200 norways-biggest-bank-refunds-savers-for-bad-deals Moody's Investors Service on Thursday downgraded its long-term ratings on two Norwegian banks which it considers to be at risk if the European financial crisis deepens. https://www.thelocal.no/20120525/moodys-downgrades-norwegian-banks Fri, 25 May 2012 11:54:00 +0200 moodys-downgrades-norwegian-banks Norway's massive state pension fund will significantly reduce its exposure to crisis-hit European economies and will instead invest more in emerging economies, the Norwegian government said on Friday. https://www.thelocal.no/20120330/norways-oil-fund-to-cut-exposure-in-europe Fri, 30 Mar 2012 16:36:00 +0200 norways-oil-fund-to-cut-exposure-in-europe The current debt crisis should in the end be good for Europe since it will force the continent to adopt long-awaited reforms, the head of Norway's state pension fund said on Monday. https://www.thelocal.no/20111121/current-crisis-positive-for-europe-norway-oil-fund Mon, 21 Nov 2011 17:16:20 +0100 current-crisis-positive-for-europe-norway-oil-fund Norway’s 3-trillion-kroner ($521 billion) sovereign oil fund — or Government Pension Fund Global — aims to buy bigger than the one-percent of listed stocks worldwide that it already owns. https://www.thelocal.no/20111115/norway-oil-fund-poised-to-spend-big Tue, 15 Nov 2011 17:29:21 +0100 norway-oil-fund-poised-to-spend-big Sticking to a financial plan can be challenging, even if you are the world’s largest sovereign wealth fund. https://www.thelocal.no/20110909/norwegian-oil-funds-stock-dips Fri, 09 Sep 2011 19:33:48 +0200 norwegian-oil-funds-stock-dips