Pace of Demonetization
Pace of Demonetization Demonetization is the process by which some or all of the existing banknotes of a country are stripped of the legal tender…
Finance
Oil and Offshore crack in Oslo
Hegnar.no: Oil and Offshore crack in Oslo The oil prices have experienced the longest decline in 34 years. Huge values have disappeared for shareholders in…
More businesses go bankrupt in Norway
More businesses go bankrupt, less foreclose The number of bankruptcies in Norway increases by 13.4 per cent in October, according to the Analyst Company Bisnode. …
Diapers smuggled in large quantities
Norwegian diapers smuggled in large quantities Low diaper prices in Norway have led to smuggling with the aim to sell them on the black market…
Asks schools to disregard the teacher norm
Agency asks Oslo schools to disregard the teacher norm – Compliance with the teacher norm is not overriding the general economic framework, writes the Education…
Protests against road toll across Norway
Protests against exuberant road toll across Norway The dissatisfaction with existing and planned toll roads is massive in many parts of Norway. Families protest against…
Analyst predicts «extreme profitability» for Equinor
Pareto analyst predicts «extreme profitability» for Equinor Cost cuts and increased oil prices may mean another oil fairytale for Equinor. Over the next 2 years, they…
EU Economy Sees Weak 2nd Quarter
EU Economy Sees Weak 2nd Quarter Tuesday, July 31, saw the release of new EU economic indicators; with data reflecting that economic growth within the…
SAS Sale Completed
Norway has completed the sales of SAS The Ministry of Industry has sold its 37.8 million shares in SAS for about NOK 597 million. The…
Universal Basic Income Experiments Across The World
Universal Basic Income Experiments Across The World Norwegian social security system (NSSS) is popular across the world for providing welfare to its citizens. The rating…
MP’s demand insight in the Royal House
MP’s demand insight in the finances of the Royal House Several MP’s demand that the Norwegian Royal House publicize the use of money and the…
More look at fixed interest rates
Prospects of higher mortgages – more look at fixed interest rates The core interest rate is kept unchanged for a while yet, but experts expect…
Lessons from the Oracle of Omaha
Illuminating lessons from the Oracle of Omaha The Oracle of Omaha, the nick name for Warren Buffet, who is one of the most renowned investment…
Decline on Oslo Stock Exchange
Decline on the Oslo Stock Exchange (Oslo Børs) After two days of recovery, the main index on the Oslo Stock Exchange experienced a downturn on…
Norwegian households have control on their own finances
Norwegians could receive a control on their economy, said Finans Norge. Seven out of ten might pay an unexpected bill of NOK 25,000, according to…
Seadrill sells three rigs for almost NOK 2 billion
Seadrill sells rigs to Shelf Drilling John Fredriksen crisis struck Seadrill sells three rigs for a total of 225 million USD to the Dubai-based company Shelf…
Fears for UK finance jobs after Brexit
The smaller financial centers in the UK – which all together have far more employees than London – are fearing jobs losses after Brexit. The…
Half of finance jobs may ‘disappear’ off the face of the earth
The consulting analytics firm, ‘SAS Institute’, believes automation will render half of all jobs in finance in Norway redundant. Bank managers believe the analysis is…
Order books for Norwegian industry becomes leaner
Order reserves for the Norwegian industry fell by 26 percent from the third quarter last year to the third quarter of this year, according to…
900 million NOK for innovation in business!
Industry and Fisheries Ministry will distribute 900 million NOK to the business community through the Research Council. The funds will go to innovation projects. –…