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norway

Economy 1 year ago

US 'very troubled' by Norway wealth fund's divestment from Caterpillar

President Donald Trump’s administration said on Wednesday it was "very troubled" by the Norwegian sovereign wealth fund's divestment of US construction equipment group Caterpillar, and is engaging with Norway's government on the issue.

Markets 1 year ago

Norway sovereign fund expects to sell more Israeli stocks over Gaza, West Bank

Norges Bank Investment Management (NBIM), an arm of Norway's central bank, which held stakes in 61 Israeli companies as of June 30, in recent days divested stakes in 11 firms.

Markets 1 year ago

Norway sovereign wealth fund posts negative return of $39.7 billion

"The quarter has been impacted by significant market fluctuations. Our equity investments had a negative return, largely driven by the tech sector," Nicolai Tangen, head of the Norwegian sovereign fund, said in a statement.

Regulations 1 year ago

PREMIUM
Norway, UK asked to reassess climate funding over claimed nepotism

At least 12 members of the Indonesian Solidarity Party (PSI), including PSI secretary-general Raja and deputy chair Andy Budiman, have been appointed to the program’s Operation Management Office (OMO).

Europe 1 year ago

Norway PM worried by Musk involvement in politics outside US

Elon Musk, a close ally of United States President-elect Donald Trump, last month endorsed a German anti-immigration, anti-Islamic political party ahead of that country's national elections in February, and recently made remarks on British politics.

Society 1 year ago

PREMIUM
Indonesia to receive $60 million from Norway for limiting deforestation

This time, Indonesia will receive US$60 million from Norway for emissions reductions from decreases in deforestation and forest degradation from 2019 to 2020.

Environment 1 year ago

Norway suspends deep-sea mining projects: Govt

Norway, Western Europe's biggest oil and gas producer, had planned to become one of the world's first countries to start handing out rights to tens of thousands of square kilometers of seabed.

Economy 1 year ago

Norway faces WWF in court over deep sea mining

The World Wide Fund for Nature's (WWF) Norwegian chapter will have its day in court Thursday, after it sued Norway for opening up its seabed to mining before performing sufficient impact studies.

Europe 2 years ago

Eagle that attacked toddler in Norway linked to other incidents: Authorities

On Sept. 7, the golden eagle swooped down on a 20-month-old girl who was playing on the family farm in central Norway.

Europe 2 years ago

'Russian spy' whale was shot dead: Animal rights groups

Nicknamed "Hvaldimir" in a pun on the Norwegian word for whale, hval, and its purported ties to Moscow, the white beluga first appeared off the coast in Norway's far-northern Finnmark region in 2019.

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