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Norway News

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On this day in 1066: Harald Hardrada, the last Viking to invade England, joins forces with the traitor, Tostig Godwinson

The 15-year-old Harald III Sigurdsson - better known as Harald Hardrada - escaped Norway in 1030 after the storied battle of Stiklestad. He served first in the army of Grand Prince Yaroslav of Novgorod-Kiev, then travelled to Constantinople, where he rose to command the Byzantine emperor's elite Var

TELEGRAPH - 2017-09-19 09:24:00

Norway's Oil Fund Hits $1 Trillion; Meanwhile, In Alberta..

Alberta and Norway may be two similar-sized oil jurisdictions, but when it comes to their approach to how to run the industry, they couldn't be more different. Case in point: Norway's sovereign wealth fund, which collects money from its offshore oil industry and invests it in stocks and bonds, reach

HUFFINGTONPOST - 2017-09-19 21:12:00

Crude Oil And Why The Correlation To The Dollar Is A Farce

The theory states that a weaker dollar should make oil cheaper and lead to increases in buying of black gold. However, the theory breaks down more often than not. Instead, I offer an alternative to the dollar that's far more tightly correlated to crude oil prices. Recently, a reader of one of my rec

SEEKINGALPHA.COM - 2017-09-19 18:00:46

Norway's sovereign wealth fund backs Praxair-Linde merger

The proposed $74B merger of industrial gases companies Praxair (PX+1.2%) and Linde (OTCPK:LNAGF, OTCPK:LNEGY) receive a boost as Norway's $1T sovereign wealth fund said it supports the deal. The world's largest sovereign fund says it will vote in favor of four key resolutions proposed by PX manageme

SEEKINGALPHA.COM - 2017-09-19 19:31:51

Norway's sovereign wealth fund hit $1 trillion for the first time

Norway's giant pension fund has hit a major milestone. The sovereign wealth fund has topped $1 Trillion in value for the first time. Yahoo Finance's Alexis Christoforous, Andy Serwer and Jen Rogers discuss what's behind the fund's meteoric rise and what are some challenges a fund of this size faces

CNBC - 2017-09-19 15:26:00

Norway's oil fund tops $1tn in assets for first time

Norway's oil fund, the world's largest sovereign wealth fund, has topped $1tn in assets for the first time in its history. The oil fund, which started in 1996, reached NKr7,811bn ($1.001tn) in market value on Tuesday. Officials confirmed it was the first time it breached the trillion dollar barrier

FINANCIAL TIMES - 2017-09-19 08:31:06

The World's Biggest Wealth Fund Hits $1 Trillion

Norway's sovereign wealth fund hit $1 trillion for the first time on Tuesday, driven higher by climbing stock markets and a weaker U.S. dollar. The milestone valuation was reached for the first time on Sept. 19 at 02:01 a.m. in Oslo, Norges Bank Investment Management said in a statement on Tuesday.

BLOOMBERG - 2017-09-19 07:17:16

Norway's $1 trillion wealth fund backs Linde-Praxair deal

OSLO (Reuters) - The proposed $74 billion tie-up of German industrial gases group Linde (LING.DE) and U.S. peer Praxair (PX.N) got a boost on Tuesday when the world's biggest sovereign wealth fund said it was backing the deal. The Norwegian fund, which also said the value of its assets had topped $

REUTERS - 2017-09-19 14:12:05

Volvo Receives Largest Ever Order of Fully Electric Buses for Trondheim, Norway

Volvo Buses has secured its largest ever order of fully electric buses. Tide Buss has placed an order for 25 Volvo 7900 Electric buses for the city of Trondheim, Norway. ESKILSTUNA, Sweden, Sept. 18, 2017 /PRNewswire/ -- Public transportation administration company AtB in Trondheim leads the way in

CNBC - 2017-09-18 11:18:00

Norway jails top policeman for smuggling hashish

A senior Norwegian police officer has been sentenced to 21 years in prison for taking bribes and aiding a notorious drug smuggler. Eirik Jensen, who was responsible for combating organised crime in the capital Oslo, was arrested in 2014. On Monday, a court found he had received at least 667,800 kron

BBC - 2017-09-18 21:36:48

Norway country profile

Europe's northernmost country, the Kingdom of Norway is famed for its mountains and spectacular fjord coastline, as well as its history as a seafaring power. It also enjoys one of the world's highest standards of living, in large part due to the discovery in the late 1960s of offshore oil and gas.

BBC - 2017-09-18 08:36:35

From Australia to Norway - surfing Arctic waters

Unstad, Norway - The road to the northernmost surf school in the world is extraordinary, through a towering, pinnacled landscape fringed here and there by stunning beaches of white sand. The Lofoten Islands are about 220km inside the Arctic Circle, an ancient rocky archipelago reaching out from the

ALJAZEERA.COM - 2017-09-18 19:45:00

I Got Drunk on a Ferry to Learn What it Means to be Scandinavian

All around me people are eating breaded fish and drinking beer, and it is impossible to tell who's from Sweden, who's from Norway, and who's from Denmark. We are all Scandinavian. Drunk, overeating Scandinavians. A hammered Swede with a brisk, spiky 90's hairdo staggers past us as we are shown to ou

VICE - 2017-09-18 16:00:00

Norwegian ex-officer gets 21 years in corruption, drug case

HELSINKI - A Norwegian court has sentenced a former police officer to 21 years in prison for severe corruption and being an accomplice in one of Norway's biggest drug-smuggling cases. The Oslo District Court on Monday found Eirik Jensen guilty of helping in the import of 13.9 tonnes of hashish, gros

WASHINGTON POST - 2017-09-18 15:58:00

Norway Royal Salmon: 4.55% Dividend Yield With Possibilities Of Increasing In The Coming Years

Norway Royal Salmon is a company with little international coverage that belongs to a sector that is in its best moment in the last decades. Its operational structure is the most efficient in Northern Europe, providing wider margins. The company increased its dividend by 491.3% compared to the previ

SEEKINGALPHA.COM - 2017-09-18 14:26:40

Sikorsky Celebrates One-Year Anniversary of Forward Stocking Location in Stavanger

STAVANGER, Norway, Sept. 18, 2017 /PRNewswire/ -- Sikorsky, a Lockheed Martin company, is celebrating the first year of operations for its Stavanger, Norway-based Forward Stocking Location (FSL). The Stavanger FSL supports the largest S-92 helicopter operating region in the world and provides quick

BUSINESS INSIDER - 2017-09-18 14:00:00

DIARY-Top Economic Events to Nov 29

Sept 16 (Reuters) - For other diaries, please see: U.S. Federal Reserve Polling unit diary Today in Washington Political and general news ----------------------------------------------------------- This Diary is filed daily. ** Indicates new events -------------------------------------------------

CNBC - 2017-09-16 00:00:00

Journey for the Norway Building comes full circle

MADISON, Wis. (AP) - The Norway Building is home. The ornate, stave church replica has returned to its country of origin and was dedicated Saturday not only in front of hundreds of native Norwegians but more than 60 people who traveled from southern Wisconsin to help celebrate what will likely be th

WASHINGTON TIMES - 2017-09-16 05:38:26

Qualified Dividends Yielding 8%, 15 Straight Dividend Hikes, Strong Growth And Coverage

Management has raised the quarterly dividend for 15 straight quarters. This is not an LP; its payouts are qualified dividends. Looking for qualified dividends in the high yield space? We've had a good voyage so far in 2017 with Ocean Yield ASA (OTCQX:OYIEF), a diversified shipping company based in N

SEEKINGALPHA.COM - 2017-09-16 13:44:00

Norway's Scatec Solar in talks to boost Iran's solar power

Norwegian solar panel maker Scatec Solar CEO Carlsen poses for a photo in OsloThomson Reuters By Lefteris Karagiannopoulos OSLO (Reuters) - Norway's Scatec Solar is in talks to build its first solar power plants in Iran, its chief executive told Reuters, joining a wave of foreign energy firms loo

BUSINESS INSIDER - 2017-09-15 12:43:37