Norway
European markets need to get their act together, CEO of Norway’s $2 trillion wealth fund says. ‘The winner takes it all’
Nicolai Tangen, chief executive officer of NBIM, at the Norges Bank Climate Conference in Oslo, Norway, on Oct. 21, 2025. Naina Helén Jåma | Bloomberg | Getty Images European markets are facing a crisis and must get their act together to fix it, the head of the world’s biggest individual investor has said. Speaking to […]
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Middle East war sends natural gas prices soaring, raising growth shock risk for Europe and Asia
A prolonged surge in natural gas prices triggered by the ongoing war in the Middle East risks denting European growth and hitting some Asian economies hard, analysts have warned. Global gas prices have soared this week amid fears of a lengthy disruption to energy flows through the Strait of Hormuz — a key shipping route […]
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World’s largest sovereign wealth fund’s bets on Big Tech and banking drive gains
A view of Bryggen, the historic Hanseatic Wharf in Bergen, Norway, on Sept. 16, 2024. Manuel Romano | Nurphoto | Getty Images Norway’s $2 trillion oil fund, the largest of its kind, generated an annual profit of about $248 billion last year, with strong gains in global equities driving a 15.1% return. Norges Bank Investment […]
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The world’s biggest sovereign wealth fund is using Anthropic’s Claude AI model to screen investments for ethical issues
Nicolai Tangen, CEO of Norges Bank Investment Management, addresses a press conference on his company’s annual results for 2024 at Norges Bank in Oslo, Norway, on January 29, 2025. Ole Berg-rusten | Afp | Getty Images Norway’s $2 trillion oil fund, one of the world’s biggest investors, said Thursday that it is now using AI […]
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World’s largest sovereign wealth fund posts record $1.4 billion annual return, driven by tech and banking rally
A view of Oslo seen from the roof of the Oslo Opera House in Oslo, Norway, on Thursday, Oct. 21, 2021. Bloomberg | Bloomberg | Getty Images Norway’s $2 trillion sovereign wealth fund posted a record $1.4 billion return in 2025, its management team said Thursday, thanks to rallying tech, financial and mining stocks. By […]
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CNBC Daily Open: The EU prepares to respond to Trump’s Greenland tariffs
President Donald Trump speaks to reporters on the South Lawn before boarding Marine One at the White House on Jan. 16, 2026 in Washington, DC. Tom Brenner | Getty Images If economic sanctions are designed to apply pressure without firing a shot, then U.S. President Donald Trump has aimed directly at America’s closest military allies. […]
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Machado presents her Nobel award to Trump, prompting incredulity in Norway
Venezuelan opposition leader and Nobel Peace Prize winner María Corina Machado waves to supporters outside the White House following a meeting with U.S. President Donald Trump on January 15, 2026 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images Norwegian lawmakers reacted with shock and dismay over Venezuela opposition leader María Corina […]
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Norway wraps up 2025 with 96% of its new car market fully electric, and Tesla’s sales are surging there
A Tesla car is being charged at a Tesla electrical vehicle charging station in Norheimsund, Norway on August 22, 2025. Sergei Gapon | Afp | Getty Images A record-breaking year for electric vehicle (EV) sales in Norway puts the country within touching distance of effectively erasing gasoline and diesel cars from its new car market. […]
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Three holds and a cut? Europe’s central banks are about to make their final calls of 2025
A projected illumination marking the 75th anniversary of the Schuman Declaration, on the Grossmarkthalle building at the European Central Bank headquarters in Frankfurt, Germany, on May 9, 2025. Alex Kraus/Bloomberg via Getty Images Investors are gearing up for the last interest-rate decisions of 2025, with four of Europe’s central banks announcing their monetary policies and […]
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‘Time to act now’: The push to develop Europe’s blockbuster rare earths discoveries
In this aerial view, the Kiruna Kyrka church is transported by road to a new location on August 20, 2025 in Kiruna, Sweden. The church, weighing 672,4 tons, is being transported as a whole to a new location 3 km away to avoid damages caused by LKAB´s iron ore mine. Bernd Lauter | Getty Images […]
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