Page 4 - Norway

Russia adds Norway to list of unfriendly nations for 'targeting' diplomats

Russia has added Norway to its list of unfriendly countries for allegedly targeting Russian diplomats abroad, further worsening its relations with the West. The Russian government published the order Thursday, which restricts the number of local staff the Norwegian diplomatic mission can hire in Russia to 27 people. In April, Norway expelled 15 Russian diplomats after accusing them of carrying out intelligence activities under diplomatic cover. Russia retaliated by expelling 10 Norwegian diplomats in what Norway said was an act of revenge. Norway's Foreign Ministry said it hasn't yet received official information from Russian authorities but that there is no basis for saying Norway is unfriendly toward Russia. Today's situation is due to Russia's war against Ukraine. Russia can itself choose to end the war, Norwegian Foreign Minister Anniken Huitfeldt told local media. Huitfeldt added that the two nations, which share a border in the Arctic, have an interest in functioning diploma

Meta faces $100K daily fine from Norway regulator over privacy concerns

Meta will face a hefty fine over advertising practices that violate user privacy, Norway's data protection authority said Monday, unless the Facebook and Instagram owner takes action to comply with the law. Norwegian regulator Datatilsynet says that behavioral advertising a common marketing model that profiles users by collection information like their physical locations, among other data without consent is illegal. Because of this, Datatilsynet imposing a temporary ban of such practices on Facebook and Instagram. During the ban, which starts August 4, Meta risks a fine of up to 1 million Norwegian kroner (nearly USD 100,000) each day. The ban will last for three months, or until Meta can show that it complies with the law, Datatilsynet said. This decision does not ban Facebook or Instagram in Norway," Tobias Judin, the Norwegian Data Protection Authority's international department head, stated in a release. "The purpose is rather to ensure that people in Norway can use these ...

Surprises from Central banks see June become bumper 2023 rate hike month

Seven of the nine central banks overseeing the 10 most heavily traded currencies that met in June hiked rates, while two opted for no change, Reuters data showed

Norway approves 19 oil, gas projects; resulting investments over $19 bn

Norway announced on Wednesday it approved 19 oil and gas projects on the Norwegian continental shelf, saying the total investments are worth over 200 billion kroner (USD 19 billion). "The projects are also an important contribution to Europe's energy security, said Terje Aasland, Norway's minister for petroleum and energy. Norway was the only net exporter of oil and gas in Europe, he said, adding, By carrying out these projects we ensure new production from the latter half of the 2020s, so that we can maintain high Norwegian deliveries. The projects consist of new developments, further development of existing fields, and investments in projects for increased extraction at existing fields. Norway, one of the world's wealthiest countries due to its vast oil and gas reserves, said earlier this month that it wants to open parts of its continental shelf for commercial deep-sea mining in line with the country's strategy to seek new economic opportunities and reduce its reliance on the oi

Norway to provide $23 mn for nuclear safety in Ukraine amid war with Russia

"A nuclear accident in Ukraine would have consequences not only for Ukraine itself, but also beyond the country's borders," she said in a press statement on Monday

'Hazardous' smoke from Canadian wildfires reaches Norway: Scientists

"People in Norway may be able to smell and even notice the smoke as a light haze but, unlike parts of the US that have seen hazardous pollution, they should experience no health impacts"

Infosys grows footprint in the Nordics with new proximity centre in Norway

New centre is expected to enable Infosys to attract, re-skill, and upskill local talent to work on global opportunities through next-gen technologies like cloud, AI, IoT, 5G, and software engineering

US aircraft carrier 'USS General Ford' arrives in NATO-member Norway

A US aircraft carrier arrived on Wednesday in Oslo with the Norwegian armed forces saying it gives them a unique opportunity to further develop cooperation and work more closely with our most important ally, the United States. The nuclear-powered ship USS General Ford entered the Oslo fjord escorted by a rapid dinghy-type boat with armed people on board. The Norwegian armed forces has said any boats must stay a half-kilometre (half-mile) away from the aircraft carrier and a no-fly zone was created over the area where the aircraft carrier was. Described as the largest aircraft carrier in the world, the vessel's first foreign call was broadcast live on Norwegian public television. Onlooker, some using binoculars, were seen on land watching as the large aircraft carrier glided deeper and deeper into the fjord and eventually reach the city of Oslo. The vessel will stay in the Norwegian capital until Tuesday. After that, it will take part in drills with the Norwegian armed forces. In

Norway sovereign wealth fund excludes Korea Gas, GAIL over Myanmar link

The Norwegian central bank on Thursday excluded two oil and gas companies from its $1.4-trillion wealth fund, the world's largest, citing ethical concerns over their ties to the Myanmar military.

Mauritius down; Norway, Singapore gain as FPI destinations in FY23

The total assets under custody (AUC) from Mauritius declined nearly 42 per cent to Rs 3.25 trillion at the end of March 2023, from Rs 5.55 trillion a year ago.

Norway's Norges Bank buys MCX shares worth Rs 50 cr in open market

Norway's Norges Bank - Government Pension Fund Global on Tuesday bought 338,000 shares of Multi Commodity Exchange of India (MCX) for over Rs 50 crore through an open market transaction

Norway Foreign Ministry donates 220 m Kroner for civilians in Afghanistan

Ministry of Foreign Affairs Norway in a statement has announced a donation of 220 million Norwegian Kroner to the United Nations and the World Bank

Drought from China to US hits hydro dams, slashing top clean energy source

Globally, hydropower generates more electricity than nuclear and more power than wind and solar combined. In countries like Norway and Brazil, dams generate more than half of total electricity

Fears over Russian threat looms on Norway's energy infrastructure

Norwegian oil and gas workers normally don't see anything more threatening than North Sea waves crashing against the steel legs of their offshore platforms. But lately they have noticed a more troubling sight: unidentified drones buzzing in the skies overhead. With Norway replacing Russia as Europe's main source of natural gas, military experts suspect the unmanned aircraft are Moscow's doings. They list espionage, sabotage and intimidation as possible motives for the drone flights. The Norwegian government has sent warships, coastguard vessels and fighter jets to patrol around the offshore facilities. Norway's national guard stationed soldiers around onshore refineries that also were buzzed by drones. Prime Minister Jonas Gahr Stre has invited the navies of NATO allies Britain, France and Germany to help address what could be more than a Norwegian problem. Precious little of the offshore oil that provides vast income for Norway is used by the country's 5.4 million inhabitants. ..

Sweden, Norway task force aims to cut electricity prices in Nordic region

Sweden and Norway announced that they were ready to launch a joint task force aimed at reining in the soaring electricity costs in the Nordic region

Norwegian energy firm Equinor completes Russia exit due to Ukraine war

Equinor had one asset left to divest from, a stake in the Arctic Kharyaga oilfield

Haaland taking English soccer by storm with back-to-back hat tricks

Erling Haaland is taking English soccer by storm. Back-to-back hat tricks. Nine goals in five games. No player has ever made as good a start to the Premier League as the towering Norway striker. Haaland's latest three-goal haul came in the first half of City's 6-0 thrashing of Nottingham Forest on Tuesday, three days after achieving the same feat in the second half against Crystal Palace. City was banking on Haaland being the heir to long-time striker Sergio Aguero and it's already looking as if that is the case. Aguero previously held the record for most goals in a player's first five Premier League appearances, with eight along with former Coventry striker Mick Quinn (from the early 1990s). Haaland has bettered that, and surely more scoring records will fall if he continues like this. For example, can he become the first player to score 40 goals in a single top-flight campaign in England since Tottenham's Jimmy Greaves in 1960-61? What Haaland wants is to win titles," Guardiola

24 foreign firms show interest in petroleum business in Sri Lanka: Minister

Twenty-four companies from India, the United Arab Emirates, Saudi Arabia, the US, China, Russia, the UK, Malaysia, Norway, and the Philippines are interested in the petroleum business in Sri Lanka

Norway, Germany to enhance cooperation on security, green transition

Norwegian PM Jonas Gahr Store met visiting German Chancellor Olaf Scholz in Norway's capital Oslo to discuss major challenges facing Europe, including security, climate issues and green transition.

Women's Euro 2022: Austria book quarterfinal slot after 1-0 win over Norway

A goal from Nicole Billa helped Austria book a Euro 2022 quarterfinal clash with Germany, defeating Norway by a margin of 1-0 here at The Falmer Stadium on Friday.With this loss, Norway has been eliminated from the competition. A draw would have been enough for the Norwegians to secure a runners-up spot in Group A but could not get it. They failed to bounce back from their 8-0 defeat to England.Austria could not take a lead in the 12th minute when Petterson fumbled Laura Feiersinger's shot onto her crossbar before the skipper Maren Mjelde scrambled the ball away.After a bad start, Norway tried easing themselves but the striker Ada Hegerberg or winger Guro Reiten could not get the ball enough to cause damage to their opponent.Pettersen denied Billa a goal eleven minutes before half-time. But she could not do much to keep the striker away from scoring as her header from Verena Hanshaw's 37th-minute cross helped Austria clinch the lead.Austrians tried looking forward to adding to their ..