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Terje Solsvik

UPDATE 2-Lonely Norway raises interest rates, but less chance for another hike

5:03am EDT

* Crown currency initially strengthens before fading (Adds quotes, background, updates currency)

Norwegian Air's bondholders back debt relief plan

Sep 16 2019

OSLO Norwegian Air's bondholders have accepted the company's plea to postpone repayment of $380 million by up to two years, the carrier said on Monday, providing the loss-making airline some financial relief and sending its shares higher.

Europe orders urgent Airbus helicopter checks after Norway crash

Sep 11 2019

OSLO European regulators have ordered immediate checks on recently delivered versions of some Airbus helicopters after a crash in Arctic Norway last month killed five Norwegians and their Swedish pilot.

Airbus orders visual checks on some helicopter models after fatal Norway crash

Sep 11 2019

OSLO, Sept 11 Airbus has ordered checks on three types of helicopters following a fatal crash in Norway, Norwegian authorities said on Wednesday.

Populist surge spells trouble ahead for Norway's government

Sep 09 2019

OSLO Norwegians voting in local elections abandoned major parties in record numbers on Monday, according to early counts, opting for a plethora of smaller groups in the latest show of political discontent in Europe.

Equinor plans early Sverdrup start-up, $5 billion share buyback

Sep 05 2019

OSLO Equinor on Thursday launched a $5 billion share buyback and said its Johan Sverdrup oilfield, the largest North Sea discovery in more than three decades, will come on stream in October, a month earlier than planned, lifting its shares.

Norwegian Air asks for more time to pay off bonds

Sep 02 2019

OSLO Norwegian Air is asking bondholders for up to two more years to pay back $380 million of outstanding debt, in the loss-making airline's latest attempt to shore up its finances. | Video

Norway wealth fund wants to better tap growth potential of unlisted firms

Aug 28 2019

OSLO Norway's $1 trillion sovereign wealth fund, the world's largest, should have more freedom to invest in unlisted equities, its manager said on Wednesday, a proposal that could help the fund better capture the growth of U.S. tech firms.

UPDATE 2-Norway set for strong growth despite global trouble-fin min

Aug 28 2019

* 2019 expansion strongest in 7 years (Adds quote, background)

Norway wealth fund should move more investment to North America, central bank says

Aug 27 2019

OSLO Norway's $1 trillion sovereign wealth fund should shift billions in investments from European stock markets and instead invest more in the United States and other North American markets to seek higher returns, the fund's manager recommended on Tuesday.

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