Norwegian Kroner falls

October 16, 2008

The Norwegian Kroner has fallen steeply against the Euro and the US dollar.

Dead sheep shocks diver

October 16, 2008

Diver Hans Harald Ylvisåker was swimming 15 metres under the surface looking for crayfish. Instead he found a sheep with three of its legs tied to a stone.

Aftenposten to shut down English news service

October 16, 2008

Media house Aftenposten in Oslo, faced with a need to dramatically cut costs, has decided to shut down its nine-year-old English-language news service, "News in English."

Svalbard bans criminal

October 16, 2008

The Assistant Governor on Svalbard has barred a 28 year-old man from entering the Arctic archipelago for two years.

Stocks fall on Thursday

October 16, 2008

The main index fell 8.91 percent on Wednesday. The fall continued in early trading Thursday before the market regained some of the initial loss. In the early afternoon the index was down 4 percent.

Stock rally continues with huge gains

October 14, 2008

Shares traded on the Oslo Stock Exchange continued to jump in value on Tuesday, with several key companies logging double-digit gains.

Asylum center hit by threats

October 14, 2008

Another asylum center near Oslo was the target of vandalism and threats of a racist nature over the weekend. Meanwhile, a pastor from Sierra Leone who was involved in another allegedly racist incident feels his case has been resolved.

Coach desperate for victory

October 14, 2008

The future of Åge Hareide as coach of Norway's national soccer squad may well hinge on the results of Wednesday's now all-important match against the Netherlands. After Saturday's disappointing tie against Scotland, Hareide's team must win to keep any World Cup dreams alive.

Oslo stocks rebound

October 14, 2008

Share prices jumped on Monday, providing some needed cheer to companies, investors and brokers alike. The increase followed rises on Asian stock exchanges during the night.

Lukewarm reaction to government's crisis plan

October 14, 2008

Business leaders and local economists worry that Norway's emergency plan to tackle the international financial crisis, unveiled by the government late Sunday, offers too little protection, too late. Opposition politicians were lukewarm and the market seemed to have a mixed reaction.

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