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Norway investigators blame Airbus helicopter crash on gearbox failure


OSLO The fatal crash of an Airbus helicopter in Norway in April was probably the result of metal fatigue in the aircraft's gearbox, the country's Accident Investigation Board (AIBN) said in a preliminary report on Tuesday, backing earlier findings.


Norwegian court rejects Edward Snowden lawsuit on free passage 9:06pm BST

OSLO Former U.S. spy contractor Edward Snowden has failed in a legal bid to win guarantees from Norway that it would not extradite him to the United States if he went there to receive a free speech award, a Norwegian court said on Monday.

Norway trade unions say 755 oil workers could go on strike 27 Jun 2016

OSLO About 755 Norwegian oil workers could go on strike from Saturday if employers and unions fail to agree a new wage deal before a Friday deadline that would limit output from Western Europe's top producer, trade unions said on Monday.


Norway's central bank provides $2.7 billion liquidity to banks after Brexit 24 Jun 2016

OSLO Norway's central bank pumped 23.2 billion Norwegian crowns (2.00 billion pounds) into the country's banking system on Friday after Britain voted to leave the EU and the bank also relaxed certain requirements on primary dealers of government bonds.


Norway central bank chief says Britain likely to stay in EU 23 Jun 2016

OSLO Norway's central bank assumes that Britain will vote to remain in the European Union, but stands ready to handle any market turmoil resulting from the opposite outcome, Governor Oeystein Olsen said on Thursday.

Norway could send troops into Syria 22 Jun 2016

OSLO Norway might send troops into Syria, including special forces, the government said on Wednesday, after parliament authorised it to do so.


Philippine government, rebels to cease hostilities to aid peace talks 21 Jun 2016

DAVAO, Philippines The Philippines and communist guerrillas are planning to each declare ceasefires before formal peace talks resume next month in Norway, the first in 30 years, government and rebels negotiators said on Tuesday.

Brexit may muddle Nordic central banks' efforts to boost economies 20 Jun 2016

STOCKHOLM/OSLO A British exit from the European Union could make life harder for the central banks of Scandinavia, whose room to manoeuvre on monetary policy is already squeezed by record low interest rates and the backwash from the neighbouring European Central Bank.

Austria's Palfinger plans to buy Norway's TTS Group ASA 19 Jun 2016

VIENNA Austria's Palfinger Group on Sunday said it intends to buy Norway's TTS Group ASA for 5.60 Norwegian crowns ($0.67) per share, in a move that would put its marine business among the top three global ship equipment suppliers.


Incoming Philippines government says to resume talks with Maoist rebels 16 Jun 2016

MANILA Philippine President-elect Rodrigo Duterte has agreed to resume formal peace negotiations with Maoist-led rebels in Oslo next month, one of Duterte's senior advisers said on Thursday, after the talks stalled four years ago.