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Camilla Knudsen

Norwegian Air seeks to raise $350 million after suitor walks away

29 Jan 2019

OSLO Norwegian Air plans to raise 3 billion Norwegian crowns (269 million pounds) in a share sale to strengthen its finances, days after British Airways owner IAG ruled out a bid for the loss-making budget airline.

Norway keeps rates on hold, reiterates plan to raise them in March

24 Jan 2019

OSLO Norway's central bank left its main interest rate unchanged at 0.75 percent on Thursday, as expected, and reiterated plans to raise them in March, in line with its previous forecast.

Norway's PM Solberg forms majority centre-right government

17 Jan 2019

OSLO Norway's Prime Minister Erna Solberg struck a deal on Thursday to form a centre-right majority government by adding the small Christian Democratic Party to her minority three-party coalition.

Norway's electric cars zip to new record: almost a third of all sales

03 Jan 2019

OSLO Almost a third of new cars sold in Norway last year were pure electric, a new world record as the country strives to end sales of fossil-fueled vehicles by 2025.

UPDATE 3-Norway's central bank keeps rates on hold, sees slower tightening

13 Dec 2018

* Banks told to hold more buffer capital (Adds comment from news conference)

Norway biotech Ultimovacs plans IPO to develop cancer drug

03 Dec 2018

OSLO Norway's Ultimovacs plans to raise around 700 million Norwegian crowns ($82 million) in an initial public offering in early 2019 to help fund the development of its immunotherapy cancer drug.

With 'licence to expand', Schibsted spin-off eyes classified ad mergers

21 Nov 2018

OSLO A planned breakup of Norwegian media group Schibsted will allow its online classified advertising business to expand via mergers and acquisitions on three continents, the company's chief executive told Reuters.

UPDATE 2-Norway's central bank keeps rates on hold, repeats plan for Q1 hike

25 Oct 2018

* Economist: sees next hike in March 2019 (Adds economist, detail)

Schibsted's Norway investors fear losing out if ad unit listed abroad

18 Oct 2018

* Norwegian investors welcome planned IPO of fast-growing unit

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