May 2024
Norway, Ireland, Spain recognise Palestinian state in ‘historic’ move
Israel’s foreign minister branded the three countries’ decision a “distorted step”, which shows “terrorism pays” and immediately recalled its ambassadors.
For $490 million, last private land in Arctic archipelago can be yours
The massive tract of land could be an investment project for a high-net-worth individual looking to make an impact as an environmentalist.
How this founder built a $7.7b fortune by banning kids
Torstein Hagen created Viking Cruises with a focus on wealthy holiday makers travelling without kids. It’s now set to bring him a fortune.
April 2024
Norway’s $2.5 trillion fund turns developer on UK trophy properties
First Brexit, then the pandemic and now higher interest rates – all these events have disrupted the plans of premium real estate investors.
January 2024
Swimming with orcas in Arctic Norway
Sliding into the sea as a pod feasted on herring was thrilling enough. Then some humpbacks decided to crash the party.
May 2023
Andrew Forrest doubles down on Fortescue’s Norway bet
An uncharacteristically quiet unveiling of a second Norwegian project last week offers new clarity on the shape of Twiggy’s green hydrogen plans in Europe.
February 2023
Fortescue’s green projects kept secret to stoke ‘family’ rivalry
Fortescue may approve five new clean energy projects before Christmas - but the exact cost, location, products and rates of return remains a mystery.
Norway’s wealth fund loses 14pc as inflation, war hit markets
The world’s biggest single owner of equities lost more than $200 billion in 2022, its biggest loss since the 2008 financial crisis.
December 2022
In a wary Arctic, Norway starts to see Russian spies everywhere
European nations are suspicious that a desperate Kremlin is exploiting their open societies to deepen attempts at spying, sabotage and infiltration.
October 2022
Norway fears Russian drone attacks on its gas platforms
With Norway replacing Russia as Europe’s main source of natural gas, suspected Russian drones are buzzing platforms and refineries in the North Sea.
Big hydrogen warns newcomers that electrolyser dreams won’t come easy
As the likes of Fortescue build new hydrogen electrolyser factories, a Norwegian giant says only a fraction of the promises will be kept.
September 2022
World’s biggest wealth fund sets net zero target for firms
Norway’s $1.8 trillion sovereign wealth fund will require the companies it invests in to reach net zero emissions by 2050.
August 2022
World’s biggest wealth fund suffers record loss on tech bets
Meta, Amazon, Apple and Microsoft were the biggest single contributors to the Norwegian fund’s decline.
How to cruise to the most northerly settlement on earth
With just 2400 residents and a lot of ice, Svalbard’s main town of Longyearbyen will become easier to visit next year thanks to a new ship route.
Visiting Norway? Keep a lookout for Huldra the seducer
Great vistas, a rail journey like no other, a traditional music festival – this country has it all. And who knows, you might meet a sprite or two.
September 2021
Norway ends pandemic restrictions after more than a year
Norway on the weekend lifted social distancing rules, capacity limits on businesses and other pandemic-era restrictions that have been in place for more than a year.
Norway initiates move to a higher interest rate world
A hawkish shift among Western central banks this week culminated in Norway delivering the first post-crisis rate hike and the Bank of England signalling it may follow suit.
Norway’s oil habit at stake in election about climate change
The release of a landmark United Nations-backed report urging drastic measures to end carbon emissions has thrust climate change to the very heart of the campaign.
April 2021
In Europe’s wealthy north, property deals just hit a record
The Nordic property market is hotter than ever as a growing number of international investors compete to get a foothold before it’s too late.
March 2021
Norway spruiks electric vehicle success to Australia
With battery and plug-in vehicles accounting for 0.7 per cent of all car sales in Australia, Norway’s ambassador to Australia says subsidies and incentives for drivers may be needed to spark major change.