Norway
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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A cold gold rush? The race for the Arctic’s critical minerals is heating up
Traditional painted houses overlooking sea ice in the Old Nuuk district near the Sermitsiaq mountain in Nuuk, Greenland, on Thursday, April 3, 2025. Bloomberg | Bloomberg | Getty Images A global scramble to exploit the Arctic’s untapped resources appears to be kicking into overdrive. In a push to break China’s mineral dominance, countries around the […]
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European stocks lose ground as earnings hold the spotlight; Rheinmetall gains 2%
The City of London skyline at sunset. Gary Yeowell | Digitalvision | Getty Images LONDON — European stocks edged lower on Thursday, as investors reacted to another flurry of corporate earnings. The pan-European Stoxx 600 was down 0.07% as of 11:26 a.m. in London (6:26 a.m. ET), with most sectors and major bourses in negative […]
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Norway’s mega wealth fund to reject Elon Musk’s $1 trillion Tesla pay package
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Norway’s $2 trillion sovereign wealth fund said it will vote against Elon Musk’s trillion-dollar pay package at Tesla‘s annual shareholder meeting this week, rebelling against management guidance and threats from Musk to step down […]
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Oil giant Shell launches another $3.5 billion share buyback as profit beats expectations
The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images British oil major Shell on Thursday reported stronger-than-expected third-quarter profit, citing robust operational performance and higher trading contributions. Shell posted adjusted earnings of $5.4 billion for the quarter, beating analyst expectations of […]
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