LONDON (Reuters) – As major oil companies prepare to spend billions on renewable energy assets to stay relevant in a low-carbon future, the industry’s patchy track record on takeovers is a red flag for some investors. Ten years ago, the world’s top energy comp... More »
OSLO (Reuters) – Equinor (EQNR.OL) on Monday announced the appointment of Anders Opedal as chief executive effective from Nov. 2 as the Norwegian oil and gas group looks to speed up a move into renewable energy. The new CEO, who had been executive vice preside... More »
OSLO (Reuters) – Norway began tearing down a landmark building adorned with giant murals by Pablo Picasso on Monday as part of efforts to rebuild government headquarters after a deadly far-right bombing. Oslo’s ‘Y block’ office building, with a Picasso drawing... More »
OSLO (Reuters) – The Norwegian government will make an exception for Tom Cruise and his crew to shoot parts of a new “Mission: Impossible” movie in Norway this autumn without imposing quarantine requirements, a minister said on Friday. Production of the sevent... More »
(Reuters) – EBay Inc (EBAY.O) is in advanced talks to sell its classified-ads unit to Norwegian group Adevinta ADEV.OL as the online auction pioneer seeks to refocus on its core marketplace business, the Wall Street Journal reported on Monday. The price of the... More »
OAKLAND, Calif. (Reuters) – Alphabet Inc’s (GOOGL.O) Google upended plans by European media companies to block it from harvesting data about their readers and slash some of its dominance in online advertising, seven people involved in the talks said this month... More »
LONDON (Reuters) – Famed for snapping up glitzy real estate and stakes in troubled international banks during the global financial crisis, sovereign wealth funds are investing more at home, a trend set to accelerate in the wake of the economic carnage wrought ... More »
OSLO (Reuters) – Norway will halt its COVID-19 track and trace app and delete all data collected so far after criticism from the Norwegian Data Protection Authority, the Norwegian Institute of Public Health (NIPH) said on Monday. The app was introduced by some... More »
LONDON (Reuters) – The European Central Bank beefed up its bond-buying programme on Thursday in its latest effort to support a euro zone economy pummelled by more than two months of shutdowns due to the coronavirus pandemic. HIGHLIGHTS: ** ECB increases size o... More »
FRANKFURT (Reuters) – Worldwide electric car registrations are set to fall 18% this year, but those of combustion engine cars are set to drop even faster, analysts BloombergNEF (BNEF) said on Tuesday, as the automotive sector is hammered by the coronavirus cri... More »
BRUSSELS (Reuters) – World leaders launched a pledging “marathon” on Monday – without the United States – to raise at least $8 billion for research into a possible vaccine and treatments for the coronavirus. Organisers included the European Union, non-EU state... More »
OSLO (Reuters) – Norwegian Air (NWC.OL) shareholders backed its financial survival plan on Monday, with more than 95% of votes cast supporting the conversion of nearly $1 billion of debt into equity and raising more cash from its owners. The approval follows w... More »
OSLO (Reuters) – Norwegian Air (NWC.OL) could run out of cash by mid-May unless its proposed financial rescue plan is approved by creditors and shareholders, the budget carrier warned on Monday. If approved by bondholders, leasing companies and shareholders, t... More »
SINGAPORE (Reuters) – Oil prices rose on Monday after major producers finally agreed their biggest-ever output cut, but gains were capped amid concern that it won’t be enough to head off oversupply with the coronavirus pandemic hammering demand. After four day... More »
BAKU/DUBAI/LONDON (Reuters) – OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic in an unprecedented deal with fellow oil nations, including the United States, that could curb global oil... More »
STOCKHOLM (Reuters) – A spike in novel coronavirus infections and deaths in Stockholm has raised questions about Sweden’s decision to fight the outbreak without resorting to the lockdowns that have left much of Europe at a standstill. Governments across Europe... More »
OSLO (Reuters) – Norway called on Friday for more money to help the Palestinian Territories get through the COVID-19 pandemic. Although there has only been one death and 161 reported cases of the coronavirus in the Palestinian Territories, the outbreak is expe... More »
STOCKHOLM (Reuters) – Airline SAS (SAS.ST) said on Monday it and Danish logistics firm Scan Global Logistics had established a direct cargo charter flight out of Scandinavia to Chicago in the United States, using regular passenger aircraft. The passenger trave... More »
BRUSSELS (Reuters) – The EU agreed on Friday to suspend requirements that oblige airlines to use at least 80% of their take-off and landing slots in order to keep them the following year until Oct. 24 due to the aviation industry crisis unleashed by coronaviru... More »
(Reuters) – Brazilian teenager Thiago Seyboth Wild became the youngest player to win on Latin America’s ‘Golden Swing’ since Rafael Nadal in 2005 when he outlasted Norwegian second seed Casper Ruud 7-5 4-6 6-3 at the Chile Open on Sunday. The 19-year-old wildc... More »
OSLO (Reuters) – Eight candidates have applied to head Norway’s sovereign wealth fund, the country’s central bank said on Tuesday, as its board prepares to decide who should steer the global portfolio of assets worth $1.1 trillion through a time of transition.... More »
(Reuters) – Viktor Hovland became the first Norwegian to win on the PGA Tour when he rammed home a 25-foot birdie at the final hole for a one-shot triumph at the Puerto Rico Open on Sunday. Hovland, who won the 2018 U.S. Amateur Championship and was making jus... More »
GOTHENBURG, Sweden (Reuters) – After more than 40 years in show jumping, Norwegian Geir Gulliksen beat riders less than half his age to score his first FEI World Cup win on Sunday, then survived an injury scare when his horse threw him during the prize ceremon... More »
OSLO (Reuters) – Norwegian headline inflation rate is forecast to ease in 2020 to 1.5 percent for the year from 2.2% in 2019, a publicly appointed commission said on Monday. With members from labor unions, employers’ federations and Statistics Norway, the comm... More »
BANGKOK (Reuters) – Thailand’s telecoms regulator raised 100.52 billion baht ($3.2 billion) in 5G spectrum auctions on Sunday, with operators snapping up 48 licenses ahead of an expected commercial rollout later this year. Thailand’s top mobile operator, Advan... More »
OSLO (Reuters) – Norway’s consumer prices rose sharply in January from a year earlier, official data showed on Monday, strengthening the crown currency ahead of a major policy speech by the central bank governor on Thursday. Core inflation, a key measure for m... More »
OSLO (Reuters) – Some 9,000 workers at Finnish paper mills will start a three-week strike on Monday after wage talks broke down, their labor union said in a statement, the latest in a series of labor conflicts to hit Finland. Another 6,000 employees at sawmill... More »
(Reuters) – Ultra trail runner Kilian Jornet beat base jumper Tom Erik Heimen in an unusual contest — one ran up and down a mountain while the other climbed up and flew down in a race last year, footage of which was released on Tuesday. The video shows the two... More »
AMSTERDAM (Reuters) – A rare Vincent van Gogh self-portrait, which had been contested as a forgery for decades, is a genuine work by the Dutch master, researchers have concluded after six years of study. The Van Gogh Museum in Amsterdam said on Monday that it ... More »
BRUSSELS (Reuters) – Telenor (TEL.OL) reiterated on Sunday Huawei would be involved in building Norway’s 5G network along with Ericsson (ERICb.ST), one of several companies to continue working with the Chinese company despite U.S. pressure. Still, on Friday, t... More »
LONDON (Reuters) – 1/AFTER PHASE ONE COMES PHASE TWO U.S. President Donald Trump and Chinese officials have agreed to a “phase one” trade deal that includes cutting U.S. tariffs on Chinese goods. Washington has agreed to suspend tariffs on $160 billion in Chin... More »
LONDON (Reuters) – Braving perils from blood-sucking leeches to tigers and using transport as basic as elephants, scientists have journeyed like “Indiana Jones” to remote locations to collect wild cousins of crop seeds in a project to help tackle climate chang... More »
OSLO (Reuters) – The sequel to Walt Disney Co’s 2013 hit animated musical “Frozen” is generating excitement among indigenous Sámi people in northern Europe, whose culture the movie has taken inspiration from. “Frozen 2” debuted in U.S. cinemas on Nov. 22 and i... More »
HELSINKI (Reuters) – Finland’s national airline Finnair (FIA1S.HE) said on Sunday it was forced to cancel 276 flights scheduled for Sunday and Monday after attempts to settle a labor dispute at the Finnish postal service failed, leading several Finnish labor u... More »
DUBAI (Reuters) – Russia’s military export sales have not fallen despite U.S. sanctions, the head of state conglomerate Rostec said on Monday. Rostec, whose business includes weapons manufacturer Kalashnikov as well as Russian Helicopters and United Aircraft C... More »
BRASILIA (Reuters) – Brazil is determined to lure airlines to operate domestic flights in Latin America’s largest aviation market, and is taking meetings with at least three carriers, a senior government official told Reuters. “We are going to talk with Jet Bl... More »
LONDON (Reuters) – Uncertainty surrounding Britain’s exit from the European Union has hit science funding to the tune of almost half a billion euros and is putting off international researchers from coming to Britain, a leading institution said on Wednesday. A... More »
OSLO (Reuters) – Norway on Tuesday reported it’s first monthly trade deficit in almost two years, a rare event triggered by a sharp fall in its sale of natural gas and a decline in the price of crude oil, the country’s two most important exports. The September... More »
OSLO (Reuters) – Norway plans to spend less money next year from its $1.1 trillion sovereign wealth fund, the world’s largest, as economic growth remains strong and unemployment declines, the center-right majority government said on Monday. “The Norwegian econ... More »
STOCKHOLM (Reuters) – Swedish power group Vattenfall has won an order from Norway’s biggest dairy group Tine SA to run 200 charging stations for employees’ and customers’ electric vehicles. The state-owned utility said on Sunday the order, which includes payme... More »
CARACAS (Reuters) – Venezuela’s opposition said on Sunday a dialogue mediated by Norway’s Foreign Ministry to try to resolve the country’s political crisis had ended, six weeks after President Nicolas Maduro’s government suspended participation. The talks, mos... More »
STUTTGART, Germany (Reuters) – Automakers around the world are pushing hard for new networks that can charge electric cars fast. In Europe, some power companies and grid operators are testing whether it might be smarter and cheaper to move into the slow lane. ... More »
OSLO (Reuters) – Norway’s central bank is expected to keep interest rates on hold on Aug. 15 while signaling that a hike will likely follow later this year amid solid growth, above-target inflation and currency weakness, a Reuters poll of economists showed. De... More »
GREENSBORO, N.C. (Reuters) – North Carolina native J.T. Poston became the first player in 45 years to win a PGA Tour event without dropping a shot when he beat Webb Simpson by one stroke at the Wyndham Championship on Sunday. Not since Lee Trevino at New Orlea... More »
OSLO (Reuters) – Norwegian telecoms group Telenor (TEL.OL) said its second-quarter earnings would take a hit from “errors” discovered at Grameenphone GRAE.DH, its Bangladeshi telecoms division. “Grameenphone has discovered some erroneous omissions with regards... More »
OSLO (Reuters) – Online advertising group Adevinta said the newly introduced digital tax in France lacked clarity but would likely hit the Norwegian company’s earnings as it posted second-quarter earnings roughly in line with expectations. France’s Senate gave... More »
CARACAS (Reuters) – Venezuela’s opposition will meet with representatives of President Nicolas Maduro’s government in Barbados for talks mediated by Norway, the parties involved said on Sunday, as part of efforts to resolve an ongoing political crisis. Opposit... More »
OSLO (Reuters) – Norway’s $1 trillion wealth fund can invest again in miner Rio Tinto and retailer Walmart after their exclusions from the fund’s investments on ethical grounds were revoked, the board of the central bank said on Tuesday. The fund can also resu... More »
LOS ANGELES (Reuters) – A collection of love letters written by Canadian musician Leonard Cohen to the woman who inspired his song, “So Long, Marianne” is going up for auction next month, two years after both of them died. The archive of 50 letters from Cohen ... More »
SANTANDER, Spain (Reuters) – A Saudi ship, prevented by rights groups from loading an arms cargo at the French port of Le Havre on Friday, arrived at the Spanish port of Santander early on Monday. It was not clear what the Saudi ship was doing in Santander or ... More »
OSLO (Reuters) – Norway’s sovereign wealth fund will pay about $98 million dollars to extend the term of its ownership in a portfolio of New York properties and to acquire a few new, the fund said on Wednesday. “The partnership between Norges Bank Investment M... More »
STOCKHOLM (Reuters) – Electric scooter sharing firm VOI Technology has raised $30 million in another fundraising round since being set up seven months ago for its European expansion and investment in research to fend off growing competition, it said on Monday.... More »
SEATTLE/PARIS (Reuters) – A rocket carrying six satellites built by Airbus SE and partner OneWeb blasted off from French Guiana on Wednesday, the first step in a plan to give millions of people in remote and rural areas high-speed internet beamed down from spa... More »
OSLO (Reuters) – Two crane ships early on Tuesday began raising a submerged Norwegian navy frigate which collided with an oil tanker in November and has remained stranded off Norway’s west coast since, the armed forces said. The accident injured eight people a... More »
(This Feb 7 story corrects to show, in fourth paragraph, that a temperature rise of 2°C is equivalent to 3.6°F, not 35.6°F) By Gwladys Fouche OSLO (Reuters) – Norway’s $1 trillion wealth fund will push the 9,000 firms it invests in to disclose more data on gre... More »
ARE, Sweden (Reuters) – Austria’s Ramona Siebenhofer was fastest in the downhill leg of the women’s combined at the Alpine skiing world championships on Friday, with American Lindsey Vonn back in action after crashing earlier in the week. Siebenhofer, winner o... More »
ARE, Sweden (Reuters) – Lindsey Vonn made up for lost time at the Alpine ski world championships on Friday by completing the downhill part of the women’s combined as preparation for the final race of her career. The U.S. great, who bows out after Sunday’s down... More »
ZURICH (Reuters) – Swisscom, Sunrise and Salt have paid a relatively modest 380 million Swiss francs ($379 million) for fifth-generation wireless frequencies that will tighten their grip on the Swiss mobile market. The three were able to secure an attractively... More »
STOCKHOLM (Reuters) – The scandal-plagued Swedish body that awards the Nobel Prize for literature said on Friday that one of its members would leave after an investigation determined she had leaked the names of winners. The poet Katarina Frostenson and her pho... More »
MILAN (Reuters) – European shares rose on Wednesday driven by the export-oriented autos and tech sectors as optimism grew that the United States and China could avoid a full-blown trade war that would further brake a slowing global economy. The pan-European ST... More »
LONDON (Reuters) – European shares edged up on Friday, buoyed by a bounce on Wall Street as a turbulent week drew to a close and investors licked their wounds after the region’s benchmark STOXX 600 sank to its lowest level since U.S. President Donald Trump’s e... More »
LONDON (Reuters) – Police have arrested a man and a woman after rogue drone operators crippled London’s Gatwick Airport for three days by repeatedly flying onto the airfield, sparking a major security response. Britain’s second-largest airport was back in oper... More »
LONDON (Reuters) – A beluga whale that was first spotted nearly three months ago in the River Thames is still feeding healthily east of the British capital and facing a lone Christmas hundreds of miles from its normal Arctic habitat. The white cetacean, which ... More »
OSLO (Reuters) – Norway’s Ultimovacs plans to raise around 700 million Norwegian crowns ($82 million) in an initial public offering in early 2019 to help fund the development of its immunotherapy cancer drug. “Our main investors are positive and will take a si... More »
TOKYO/LONDON (Reuters) – Oil prices rose by over 1 percent toward $79 per barrel on Tuesday due to growing supply outages, with Norway shutting one oilfield as hundreds of workers began a strike and Libya saying its production more than halved in recent months... More »
SEOUL (Reuters) – South Korean LG Display Co Ltd’s plan to build a new organic light-emitting diode (OLED) panel production facility in China has been approved by the Chinese government, the company said on Tuesday. The new China plant will be established thro... More »
OSLO (Reuters) – Norway’s REC Silicon (REC.OL), a supplier of silicon materials to the solar industry, said on Monday it would reduce nearly 40 percent of its workforce at one of its two plants in the United States, blaming the ongoing U.S.-China trade war. Th... More »
OSLO (Reuters) – Plastic waste and toxic chemicals found in remote parts of the Antarctic this year add to evidence that pollution is spreading to the ends of the Earth, environmental group Greenpeace said on Thursday. Microplastics – tiny bits of plastic from... More »
OSLO (Reuters) – Norway’s $1 trillion wealth fund voted against a motion at Shell’s annual meeting urging the energy giant to set climate targets, despite a push the fund is making for more firms to do so. Long-term investors with $10.4 trillion of assets unde... More »
OSLO (Reuters) – Shareholders in Norway’s largest company, Statoil (STL.OL), will approve on Tuesday the board’s proposal to drop “oil” from its name as its seeks to diversify its business and attract young talent concerned about fossil fuels’ impact on climat... More »
LONDON (Reuters) – The shipping industry has long been criticized by campaigners for allowing vessels to be broken up on beaches, endangering workers and polluting the sea and sand. Now, it is being called to account from a quarter that may have a bit more clo... More »
LONDON (Reuters) – In just over three weeks, U.S. actress Meghan Markle will join a select group of “commoners” to marry into a royal family when she weds Britain’s Prince Harry at Windsor Castle. Markle, 36, follows the likes of Kate Middleton, who married Ha... More »
OSLO (Reuters) – Norway’s high school graduates should refrain from running naked across bridges and having sex on roundabouts lest they give drivers “too much of a surprise”, the national transport regulator said on Wednesday. Norway’s annual post-graduation ... More »
OSLO (Reuters) – Norway’s foreign minister said her government was discussing whether to ask Washington to extend the stay of U.S. Marines in the country, a presence that has irked neighbouring Russia. Some 330 Marines are scheduled to stay until the end of 20... More »
WASHINGTON (Reuters) – Bowhead whales, the black filter-feeding giants of the Arctic that can live for 200 years devouring tons of tiny marine creatures, boast another remarkable quality. Their unique underwater songs make them wonderful “jazz” artists. Resear... More »
LONDON (Reuters) – A satellite company wants to bring reliable internet to airline passengers worldwide. But some investors don’t seem to be buying it. Inmarsat’s mission to bring wi-fi to passenger jets did instill great faith in some fund managers. But compe... More »
GENEVA (Reuters) – The number of pension funds and asset managers that refuse to invest in nuclear armament makers appears to be growing, although financing is still abundant, an annual survey by anti-nuclear campaigners said on Wednesday. The report, entitled... More »
A 5G sign is seen during the Mobile World Congress in Barcelona, Spain February 28, 2018. REUTERS/Yves Herman BARCELONA (Reuters) – The telecoms world is gearing up for 5G, the next generation wireless technology that promises to go beyond phones and link up e... More »
FILE PHOTO: Dallas Seavey, winner of the 2012 Iditarod, charges down the trail during the re-start of the Iditarod dog sled race in Willow, Alaska March 3, 2013. Seavey, 25, is the youngest musher to have won the Iditarod. REUTERS/Nathaniel Wilder/File Photo A... More »
The entrance to the international gene bank Svalbard Global Seed Vault (SGSV) is pictured outside Longyearbyen on Spitsbergen, Norway, February 29, 2016. REUTERS/Heiko Junge/NTB Scanpix OSLO (Reuters) – Norway plans to spend 100 million Norwegian crowns ($13 m... More »
((This Feb. 22 story corrects paragraph 4 to clarify NBIM’s partnership with Crown Estate)) By Noor Zainab Hussain and Esha Vaish (Reuters) – The sovereign wealth fund of Norway bought a 245 million pounds ($342 million) stake in British property group Shaftes... More »
Feb 13, 2018- Gangneung, South Korea- Aleksandr Krushelnitckii (OAR) during the mixed doubles curling bronze medal game during the Pyeongchang 2018 Olympic Winter Games at Gangneung Curling Centre. Mandatory Credit: James Lang-USA TODAY Sports GANGNEUNG, South... More »
Curling – Pyeongchang 2018 Winter Olympics – Mixed Doubles Bronze Medal Match – Olympic Athletes from Russia v Norway – Gangneung Curling Center – Gangneung, South Korea – February 13, 2018 – Aleksandr Krushelnitckii and Anastasia Bryzgalova, Olympic athletes ... More »
Alpine Skiing – Pyeongchang 2018 Winter Olympics – Women’s Slalom – Yongpyong Alpine Centre – Pyeongchang, South Korea – February 16, 2018 – Frida Hansdotter of Sweden reacts during the victory ceremony. REUTERS/Mike Segar PYEONGCHANG, South Korea (Reuters) – ... More »
Feb 10, 2018- Gangneung, South Korea- South Korea president Jae-in Moon- IOC president Thomas Bach- North Korea nominal head of state Kim Long Nam- and Kimm Yo-jong, sister of North Korean leader Kim Jong Un pose for a picture with the women’s hockey team from... More »
Biathlon – Pyeongchang 2018 Winter Olympics – Men’s 10 km Sprint – Alpensia Biathlon Centre – Pyeongchang, South Korea – February 11, 2018 – Arnd Peiffer of Germany finishes. REUTERS/Murad Sezer PYEONGCHANG, South Korea (Reuters) – German biathlete Arnd Peiffe... More »
FILE PHOTO: Volunteers for the upcoming 2018 Pyeongchang Winter Olympic Games walk in Pyeongchang, South Korea, January 22, 2018. REUTERS/Fabrizio Bensch PYEONGCHANG, South Korea (Reuters) – Egg sandwiches. Bacon and eggs. Egg salad. Eggs on toast. Scrambled e... More »
When Aksel Lund Svindal discovered that he would have to undergo knee surgery for the second time in a year, his reaction was simply: "Here we go again". More »
MOSCOW (Reuters) – Russia said on Friday it had re-established contact with Angola’s first national telecoms satellite AngoSat-1. The connection had been lost after the satellite launched from the Baikonur cosmodrome on Tuesday. “Telemetry information received... More »
FILE PHOTO: The Souyz-2 spacecraft with Meteor-M satellite and 18 additional small satellites launches from Russia’s new Vostochny cosmodrome, near the town of Tsiolkovsky in Amur region, Russia November 28, 2017. REUTERS/Stringer MOSCOW (Reuters) – The Kremli... More »
FILE PHOTO: Swiss drugmaker Novartis’ logo is seen at the company’s plant in the northern Swiss town of Stein, Switzerland October 23, 2017. REUTERS/Arnd Wiegmann ZURICH (Reuters) – The U.S. Food and Drug Administration has granted priority review for Novartis... More »
LONDON (Reuters) – While most musicians seek to avoid a frosty reception at concerts, for Norwegian composer and performer Terje Isungset a chilly feeling is nothing to fear: he performs with instruments he makes himself out of ice. A recent performance at Lon... More »
OSLO (Reuters) – Norway’s Opera Software has changed its name to Otello Corporation, it said in a statement on Monday. The developer of software for advertising, telecoms, games and other online business also plans to change its current OPERA ticker on the Osl... More »
Alpine Skiing – FIS Alpine Skiing World Cup – Men’s Alpine Giant Slalom – Alta Badia, Italy – December 17, 2017 – Austria’s Marcel Hirscher celebrates after winning the Men’s Giant Slalom. REUTERS/Stefano Rellandini ALTA BADIA, Italy (Reuters) – Austrian Marce... More »
LONDON (Reuters) – Sudan’s president is wanted for crimes against humanity, the economy has lost much of its oil output and the government is in arrears with the IMF. And yet Osama Faisal’s target of boosting foreign investment tenfold is not quite as daunting... More »
Japan’s Defence Minister Itsunori Onodera attends a news conference at Defence Ministry in Tokyo, Japan August 8, 2017. REUTERS/Issei Kato TOKYO (Reuters) – Japan is to acquire medium-range, air-launched cruise missiles, capable of striking North Korea, a cont... More »
VOSTOCHNY COSMODROME, Russia (Reuters) – Russian space agency Roscosmos said on Tuesday it had failed to establish contact with a newly-launched weather satellite. The Meteor-M was launched earlier on Tuesday from Russia’s new Vostochny cosmodrome in the Far E... More »
Nov 26, 2017- Lake Louise, Alberta, CAN- Kjetil Jansrud of Norway takes the podium in the finish area after his run during the men’s Super G race in the FIS alpine skiing World Cup at Lake Louise Ski Resort. Mandatory Credit: Sergei Belski-USA TODAY Sports (Re... More »
The euro had its worst day against the dollar in 16 months on Thursday after the European Central Bank began weaning the euro zone off loose monetary policy, while U.S. Treasury yields rose slightly, hurt by weak demand at an auction of 7-year notes. More »
Uber said on Monday it would suspend its unlicensed service UberPOP in Oslo until Norway introduces new rules, as the U.S. ride-hailing app adopts a more conciliatory tone with national authorities. More »
