Edition:
United States

Gwladys Fouche

Telenor buys majority stake in Finland's DNA for $1.7 billion

Apr 09 2019

OSLO Telenor will enter Finland's telecoms market after agreeing to buy a controlling stake in the country's third-largest mobile firm DNA, completing its presence in the Nordic region.

Norway to cut 10 EM countries from wealth fund's fixed-income benchmark

Apr 05 2019

OSLO Norway's sovereign wealth fund, the world's largest, will streamline its $300 billion fixed-income portfolio by cutting emerging market bonds from the benchmark index it tracks, the Finance Ministry said on Friday.

Passengers airlifted from crippled cruise ship in storm off Norway

Mar 23 2019

OSLO Rescue helicopters evacuated more than 150 people from a luxury cruise ship which suffered engine failure on Saturday in stormy weather off the west coast of Norway, police and rescue workers said. | Video

UPDATE 7-Passengers airlifted from crippled cruise ship in storm off Norway

Mar 23 2019

* Passengers evacuated by helicopter (Updates number of people, evacuation numbers, injuries, adds company comment)

Aluminum maker Hydro battles to contain ransomware attack

Mar 19 2019

OSLO Norsk Hydro, one of the world's largest aluminum producers, battled on Tuesday to contain a cyber attack which halted parts of its production, the latest example of the damage hackers can cause to business and industry.

Norwegian Air to seek compensation from Boeing for MAX groundings

Mar 13 2019

OSLO Norwegian Air said on Wednesday it will seek compensation from plane maker Boeing for costs and lost revenue after grounding its fleet of 737 MAX 8 aircraft in the wake of the Ethiopian Airlines crash.

Norwegian Air to seek compensation from Boeing for MAX groundings

Mar 13 2019

OSLO Norwegian Air said on Wednesday it will seek compensation from plane maker Boeing for costs and lost revenue after grounding its fleet of 737 MAX 8 aircraft in the wake of the Ethiopian Airlines crash.

Norway wealth fund's watchdog turns spotlight on India shipbreaking

Mar 13 2019

OSLO The ethics watchdog for Norway's $1-trillion wealth fund will focus this year on shipbreaking on India's beaches, which endangers workers and pollutes the sea and sand, and will also look into pollution caused by pharmaceutical companies.

Euronext extends Oslo Bors takeover offer on same terms

Mar 11 2019

PARIS/OSLO European exchange group Euronext on Monday extended its offer for Oslo Bors, while keeping the terms unchanged, as its battle with Nasdaq for control of Norway's stock market operator escalates.

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