Norway Business Daily
SEE OTHER BRANDS

Your business and economy news from Norway

Latest News

Read the latest news from regional and global sources, presenting different voices and perspectives.

Norway to spend 5% of GDP on defense

Norway to spend 5% of GDP on defense

Norway plans to raise overall spending on defense and broader security to 5 percent of GDP, its prime minister said yesterday, in line with a planned common goal among NATO states. Europe is scrambling to boost defenses against a potential Russian...

Norway Oil Drilling Workers agree wage agreement, averting a strike

Norway Oil Drilling Workers agree wage agreement, averting a strike

Norwegian unions reached a wage agreement, which prevented a strike on floating offshore drilling rigs, which would have disrupted exploration. Unions and company representatives announced the agreement Friday evening. The unions said 438 workers...

Norway Plans to Temporarily Ban New Bitcoin & Crypto Mining Centers to Conserve Energy

Norway Plans to Temporarily Ban New Bitcoin & Crypto Mining Centers to Conserve Energy

Today, the government of Norway announced its plans to introduce a temporary ban on establishing new Bitcoin and cryptocurrency mining data centres. The government concluded that it was better to redirect electricity to other industries and...

Which 9 European Countries Are Calling for an End to Trade with Illegal Israeli Settlements?

Which 9 European Countries Are Calling for an End to Trade with Illegal Israeli Settlements?

Nine European Union member states have officially urged the European Commission to submit concrete proposals to halt trade with Israeli settlements located in the occupied Palestinian territories. This was revealed in a letter reviewed by Reuters...

Close call for Celebrity cruise ship; Norwegian Cruise Line on ice

Close call for Celebrity cruise ship; Norwegian Cruise Line on ice

Close call for Celebrity cruise ship; Norwegian Cruise Line on ice originally appeared on Come Cruise With Me. Mother Nature hasn’t been kind to cruise ship captains and their crew in recent weeks. But in every case, the skilled captains of ships...

NZ Government’s progress overshadowed by global economic, political risks – Bruce Cotterill

NZ Government’s progress overshadowed by global economic, political risks – Bruce Cotterill

While we’ve had to be patient, and it took longer than expected for them to get their feet under the table, they’ve made good progress on many of those inherited difficulties. I’m not sure if it’s intentional, but over the last couple of weeks, it...

Norway bans new power-intensive crypto mining to conserve electricity

Norway bans new power-intensive crypto mining to conserve electricity

Norway will temporarily ban the launch of new crypto mining data centers in an effort to reduce energy usage. Norway is cracking down on energy-intensive crypto mining operations. On Friday, June 20, the Norwegian government announced a temporary...

Norway voters support $7.1 million municipal budget at Town Meeting

Norway voters support $7.1 million municipal budget at Town Meeting

NORWAY — Despite some unhappiness with the increase, Norway residents easily passed the $7.1 million municipal budget at the annual town meeting Monday. Approximately 50 residents gathered at Oxford Hills Comprehensive High School for the two-hour...

Norway eyes crypto mining ban amid local firms’ heavy investments in Bitcoin

Norway eyes crypto mining ban amid local firms’ heavy investments in Bitcoin

Norway is reportedly planning to introduce a temporary ban on the development of new data centres linked to crypto mining, Reuters reported on June 20. According to the report, the government is expected to implement the restrictions before the...

Norway, Honorary Vice Consul of Italy swears in Bergen

Norway, Honorary Vice Consul of Italy swears in Bergen

In the presence of Ambassador Stefano Nicoletti, the new Honorary Vice Consul of Italy in Bergen with Territorial Circumscription including Vestland County, Andrea Magugliani, was sworn in today at the Italian Embassy in Oslo. Dr. Magugliani is an...

Norway Savings Bank contributes $10,000 to Portland Community Squash as part of multiyear commitment

PORTLAND — Through the sport of squash, an organization in Portland is eliminating barriers for more than 300 families from over 30 countries. “Squash is the hook,” said Barrett Takesian, executive director of Portland Community Squash. “But our...

TPG offloads Rs 1,505 cr stake in Sai Life via block deals; Norges Bank, MFs step in

TPG offloads Rs 1,505 cr stake in Sai Life via block deals; Norges Bank, MFs step in

Global investment firm TPG offloaded stake worth Rs 1,505 crore in Sai Life Sciences through block deals on Friday, paving the way for a host of marquee investors to step in, including Norges Bank and leading Indian mutual funds. TPG sold over 2...

Norway turns the heat up on power-intensive crypto mining outfits

Norway turns the heat up on power-intensive crypto mining outfits

Norway revealed plans to temporarily ban establishing new data centers that mine cryptocurrency with the most power-intensive technology. On Friday, the Nordic country’s government said it aims to conserve electricity for other industries. The...

Veidekke lands $130.6m contract to build three new substations in Norway

Veidekke lands $130.6m contract to build three new substations in Norway

Norwegian state-owned enterprise Statnett has awarded a design and build contract to Scandinavian contractor Veidekke for the construction of three new substations in Vestland. The contract is valued at nearly Nkr1.3bn ($130.6m), excluding...

In Norway, Climate Goals Clash With Indigenous Herders’ Rights

In Norway, Climate Goals Clash With Indigenous Herders’ Rights

A recent climate initiative by the Norwegian government is facing opposition from the Saami Indigenous people, whose territories are directly affected. The proposed 54-kilometer power line would be built by the state-owned energy company Equinor...

Relief in Syria sanctions - a brief summary of key updates from US, EU, UK, and Norway

Relief in Syria sanctions - a brief summary of key updates from US, EU, UK, and Norway

On 23 May 2025, the US provided for an immediate relief of sanctions against Syria by the implementation of Syria General License (GL) 25. A few days later, the Council of the EU followed up with the adaptation of legal acts lifting all economic...

Norway to Temporarily Ban New Energy-Heavy Cryptocurrency Mining

Norway to Temporarily Ban New Energy-Heavy Cryptocurrency Mining

The Norwegian government plans to stop new data centers that use large amounts of electricity to mine cryptocurrency. This move aims to save power for other industries in the country. The government said the ban would be temporary and might begin...

Lottsift technical error may have lost hundreds of gambling tip-offs in Norway

Lottsift technical error may have lost hundreds of gambling tip-offs in Norway

Home > Sustainable Gambling > Responsible gambling > Lottsift technical error may have lost hundreds of gambling tip-offs in Norway 20th June 2025 | By Robert Fletcher The regulator has apologised for what it said was a "serious" error in its...

Norway to impose temporary restrictions on Bitcoin mining to save electricity

Norway to impose temporary restrictions on Bitcoin mining to save electricity

Key Takeaways Norway plans to temporarily ban new power-intensive crypto mining data centers to preserve electricity for other industries. Some miners in Norway are adopting sustainable solutions like heat recycling, despite increased...

Norway's 'Pant' bottle deposit system opens up new plastic containers

Norway's 'Pant' bottle deposit system opens up new plastic containers

Norwegian bottle deposit system, known as "Pant" has expanded to include a new plastic bottle that can be returned in exchange of money. Containers for Norwegian supplement Sana-sol will be the first outside of regular drinking bottles that can...

Share us

on your social networks:
AGPs

Get the latest news on this topic.

SIGN UP FOR FREE TODAY

No Thanks

By signing to this email alert, you
agree to our Terms of Service