Trends - Norway - Business Recorder

World

UN deforestation scheme under scrutiny after Indonesia debacle

KUALA LUMPUR: The collapse of a $1-billion deal to curb Indonesian deforestation has highlighted the pitfalls of a...

Published 12 Oct, 2021 09:49am

World

Norway’s giant wealth fund earns $111bn in first half

OSLO: Norway’s sovereign wealth fund, the world’s biggest, said Wednesday it earned more than $100 billion in ...

Published 19 Aug, 2021 04:15am

Markets

Norway, UK complete longest subsea power cable

OSLO: Britain and Norway have finished laying the world's longest subsea power cable, which will send wind and hydro...

Published 16 Jun, 2021 03:39am

World

UN Security Council to meet Wednesday over Middle East unrest

At least 28 Palestinians in the blockaded Gaza Strip and three Israelis have been killed in a sharp escalation of violence.

Published 12 May, 2021 10:41am

World

Norway and US sign new defence deal

OSLO: Norway and the United States on Friday signed a defence agreement paving the way for the Pentagon to invest in...

Published 17 Apr, 2021 03:28am

World

UK, EU and Norway agree deal on fishing quotas

OSLO: The EU, the UK and Norway have signed an accord on fishing quotas in the North Sea, the first such deal post...

Published 17 Mar, 2021 04:45am

World

India reviews AstraZeneca side effects after concerns in Europe

Denmark, Norway and Iceland paused use of the drugmaker's shot as a precaution after isolated reports of recipients developing blood clots.

Published 13 Mar, 2021 06:23pm

World

EU approves Johnson & Johnson Covid vaccine

The EU has so far approved three vaccines -- Pfizer-BioNTech, Moderna and AstraZeneca-Oxford. Three other vaccines are under "rolling review" by the Amsterdam-based EMA -- Novavax, CureVac and Russia's Sputnik.

Published 12 Mar, 2021 10:12am

World

Denmark, Norway, Iceland suspend use of AstraZeneca vaccine

Denmark however suspended the use of all of its AstraZeneca supply, as did Iceland and Norway in subsequent announcements on Thursday citing similar concerns.

Published 11 Mar, 2021 06:57pm

World

Norway approves AstraZeneca vaccine for over 65s

On Monday, Norway reported 632 Covid-related deaths since the beginning of the pandemic.

Published 09 Mar, 2021 05:03pm

Pakistan

Pakistan, Norway agree to enhance ties in diverse sectors

The Foreign Minister of Norway appreciated the role of Government of Pakistan in facilitating the signing of solar power project between Scatec and Nizam Energy.

Updated 04 Mar, 2021 06:03pm

Business & Finance

Pakistan, Norway discuss Trade & Investment

The Foreign Minister of Norway appreciated the role of Government of Pakistan in facilitating the signing of solar power project between Scatec and Nizam Energy.

Published 04 Mar, 2021 01:37pm

Markets

Norway union, oil firms agree wage deal, averting strike

Operator Equinor had said a strike could reduce Mongstad's storage and harbour capacity and disrupt production at fields responsible for a third of the country's crude output and more than 40% of natural gas exports.

Published 16 Feb, 2021 12:15pm

Markets

Norway to supply power from shore to more oil and gas platforms

OSLO: Norway has approved projects to supply power from land to several more offshore oil and gas platforms in order...

Published 14 Feb, 2021 03:49am

World

Norway, Denmark reserve AstraZeneca vaccine for under-65s

Health authorities in Germany, France and Sweden have also recommended the jab only be used on under-65s.

Published 04 Feb, 2021 05:31pm

Business & Finance

Norway's Telenor sees flat 2021 earnings, eyes Asia recovery in H2

Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) for October-December rose 0.9% year-on-year to 13.5 billion Norwegian crowns.

Published 02 Feb, 2021 11:45am

Business & Finance

Norway wealth fund posts 100bn euros gain in 2020

OSLO: Norway’s sovereign wealth fund, the world’s biggest, racked up gains of more than 100 billion euros in ...

Updated 01 Feb, 2021 09:06am

World

Norway cancels military manoeuvres to prevent spread of COVID-19

As the northernmost European member of the NATO alliance, and sharing a border with Russia.
"We have to take precautions to try to prevent the spread of the mutated variant of the virus," Bakke-Jensen said.

Published 26 Jan, 2021 04:40pm

Business & Finance

Israel debt-to-GDP ratio jumps to 73.1% during 2020 pandemic

Israel recorded a budget deficit of 11.7% of GDP last year, up from 3.7% in 2019.

Published 21 Jan, 2021 06:44pm

Markets

Norway plans to award Arctic oil drilling permits in Q2, minister says

"The output envisioned by the government from these permits will be in conflict with the goals set in the Paris climate agreement of limiting the rise in globale warming," he said.

Published 21 Jan, 2021 06:27pm

World

23 people die in Norway after receiving first dose of Pfizer vaccine

Results suggest that common side effects may have contributed to severe reactions in frail, elderly people.
The Norwegian Institute of Public Health said that it has updated the coronavirus vaccination guide with more detailed advice on vaccinating the elderly who are frail.

Published 16 Jan, 2021 11:32am