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…
Finance
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…
Can China Become a Super Power?
Can China Become a Super Power? The USA has multiple issues with China in the areas of technology, intellectual property, etc. Aggravating these issues, a…
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. –…
More foreign ownership
The total number of foreign-controlled enterprises in Norway continues to rise, and the strongest growth is in British, North-American and Swedish ownership. Enterprises controlled from…
Holiday money for the holidays-tax money in the piggy bank
Starting next week, both the holiday pay and reimbursed tax will be transferred to accounts in Norway,a staggering 165 billion kroner in total. Preliminary figures…
DNB refresh using “Vipps”!
After two and a half days difficulty to functioning DNB payment app, “Vipps” works again as normal, said by bank on its Facebook page. The…
Norway less expensive viewed from abroad
The price level in Norway viewed from abroad has decreased in the last two years. In 2013, the general price level in Norway was 55…
Decrease in government revenue
The central government’s fiscal account for the first quarter of 2016 shows a decrease in revenue of NOK 15 billion. Expenditure has increased by NOK…
Unemployment at 4.7 per cent
Adjusted for seasonal variations, there were 130 000 unemployed persons in March 2016, which is on a par with December 2015. The Labour Force Survey (LFS)…
The Oil Fund is joining the Volkswagen lawsuits
The Oil Fund is joining the lawsuit against Volkswagen after the disclosure of manufacturer’s vehicle emissions trickery, Financial Times reports. We have been advised by …