Norway Financial News

STOCKHOLM (Reuters) — American economic historian Claudia Goldin won the 2023 Nobel economics prize for «having advanced our understanding of women's labour market outcomes», the Royal Swedish Academy of Sciences said on Monday.

Netflix has officially confirmed that the highly-anticipated third season of Vikings: Valhalla, the sequel to the immensely popular series Vikings, will be the show's final installment. Fans can look forward to the last adventure of Leif, Freydís, and Harald, with the third season set for release in 2024. To provide a sneak peek, Netflix has unveiled initial on-set photos featuring Leo Suter as Harald Sigurdsson, Sam Corlett as Leif Eriksson, and Frida Gustavsson as Freydís Eiríksdóttir, all in character during the filming of the Viking heroes' thrilling final journeys. Jeb Stuart, the show's creator, expressed his gratitude for the opportunity to narrate the tales of Leif, Harald, and Freydis over three seasons. He emphasized his initial vision of showcasing how these iconic Viking figures evolved, and he believes that they have achieved precisely that. Stuart, renowned for his work on blockbuster films like Die Hard and The Fugitive, added that he hopes the audience will be thrilled by the new heights to which these heroes are taken in the upcoming season. Addressing potential disappointment among fans regarding the show concluding after only three seasons, Stuart explained that while there are undoubtedly more aspects of their lives to explore, it made sense within the storyline for the voyages of Leif, Freydís, and Harald to culminate with the third season. This decision was made to provide a satisfying conclusion to their journeys and character arcs.

The data breach that MGM Resorts is calling a cyberattack is expected to cost the casino giant more than $100 million

Narges Mohammadi, Iranian government, on Friday, criticised. The government called it a ‘biased and political’ action by the Nobel committee. "We note that the Nobel Peace Committee awarded the Peace Prize to a person who was convicted of repeated violations of laws and criminal acts," Foreign Ministry spokesman Nasser Kanani said in a statement.

Nobel Prize in Literature awarded to Norwegian author Jon Fosse "This prize is first and foremost a recognition of the very important work of a whole movement in Iran with with its undisputed leader, Nargis Mohammadi," said Berit Reiss-Andersen, the chair of the Norwegian Nobel Committee who announced the prize in Oslo. Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! "The impact of the prize is not for the Nobel committee to decide upon.

playwright, Jon Fosse has been awarded the prestigious Nobel Prize in Literature. In a press note, the Royal Swedish Academy of Sciences bestowed the prize on the author for his “innovative plays which give voice to the unsayable.” Along with the prize, the 64-year-old playwright was also awarded a hefty amount of money, about 11 million kronor. In an interview with Norwegian broadcaster NRK, the author said that he felt “overwhelmed and frightened” at winning the award. “I am overwhelmed and somewhat frightened. I see this as an award to the literature first and foremost, without other considerations,” he said during the interview.

Artificial intelligence chipmaker Graphcore said it needed to raise cash due to widening losses, according to a filing, as Nvidia's dominance in AI chips has chilled funding for startups looking to compete directly. Graphcore produces AI chips called intelligence processor units (IPUs) that aim to take on Nvidia. It reported pre-tax losses widened 11% to $204.6 million, according to a filing of its 2022 financial statements filed Wednesday. Revenue declined 46% to $2.7 million.

Norway’s oil and gas is helping to fuel the nascent recovery in US initial public offerings.

Check out the companies making headlines in midday trading.

By Karin Strohecker and Sumanta Sen

Nobel Prize season. October marks the time when the Nobel committees convene in Stockholm and Oslo to unveil the recipients of these prestigious annual awards. First in line, as is customary, is the Nobel Prize in medicine or physiology, set to be announced by a panel of judges at the Karolinska Institute in the Swedish capital on Monday.

OSLO (Reuters) — Two groups of investors, including U.S. private equity group Apollo Global Management (NYSE:APO), are bidding for Scandinavian airline SAS, Norwegian daily Aftenposten reported on Friday, citing unnamed sources.

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(Reuters) -Carnival on Friday forecast a smaller annual loss than previously estimated and reported a third-quarter profit, benefiting from higher ticket pricing and robust demand for its cruise lines.

By Gwladys Fouche

2018-Everyone is a Hero," which is based on the devastating Kerala floods of that year, has been chosen as India's official entry to the 96th Academy Awards, commonly known as the Oscars, set to take place on March 10, 2024, in Los Angeles. A unanimous decision by the Film Federation of India's 16-member jury propelled the Malayalam film into the global spotlight. Among the 22 titles vying for the prestigious Oscar slot were notable Hindi films such as «The Kerala Story,» «Rocky Aur Rani Kii Prem Kahaani,» «Gadar 2,» «Zwigato,» «The Vaccine War,» and «Mrs Chatterjee Vs Norway,» as well as regional gems like «Balagam» (Telugu), «Vaalvi» (Marathi), «Baaplyok» (Marathi), and «August 16, 1947» (Tamil).

Norwegian Geotechnical Institute (NGI) to explore feasibility of harnessing geothermal potentials that the state’s numerous hot springs offer. The intention of this MoU is to provide a facilitating mechanism for the two parties to work together on mutually agreed, progressive and supportive activities; aiming for further development in the field of Geotechnics and Rock Engineering by dealing with complex sub-surface geological and geotechnical issues faced by the state. To begin with, NGI will carry out geological, geochemical and geothermal investigation of few selected geothermal sites in Tawang and West Kameng districts that will include MT Survey to decipher the deeper geoelectrical configuration of geothermal springs (hot-springs) and feasibility to utilize the Geothermal Energy resources for further use. The MoU was signed by Repo Ronya, Secretary, Science and Technology, Government of Arunachal Pradesh, and Dr Rajinder Bhasin, Technical Expert, NGI, Norway, in presence of Chief Minister Pema Khandu, Science and Technology Minister Honchun Ngandam, Chief Secretary Dharmendra and Dr Vivek Kumar, Senior Advisor, Norwegian Embassy, New Delhi. Congratulating NGI and the department of science and technology, Chief Minister Pema Khandu said that it’s a right step towards green and clean energy production especially in the light of global warming concerns. “It’s a great coincidence that this MoU is being signed on World Tourism Day as its theme this year is ‘Tourism & Green Investment’ that perfectly goes in tandem with this new initiative,” Khandu pointed. He expressed optimism that the study will lead to development of renewable geothermal sources in Arunachal Pradesh and increase energy supply to meet present and

London | Europe is more likely to meet its potentially burgeoning demand for hydrogen via pipelines from nearby countries, not shipping from far-flung sources like Australia, a leading energy think tank has warned.

By Bansari Mayur Kamdar and Sruthi Shankar

Lockheed Martin fighter jets have landed on a motorway for the first time, footage from the Norwegian military showed, a step that enables them to reduce vulnerable time on the ground in times of war. The two Royal Norwegian Air Force aircraft landed in Tervo, central Finland, on Thursday afternoon as part of a military exercise. Immediately after landing, refuelling was carried out with the engines running, a so-called «hotpit refuelling», the Norwegian military said, before the planes took off again. «Fighter jets are vulnerable on the ground, so by being able to use small airfields — and now motorways — (this) increases our survivability in war,» Major General Rolf Folland, chief of the Royal Norwegian Air Force, said in the statement. Finland, which joined NATO in April, shares a 1,300 km (810 mile) border with Russia. Norway is a founding member of the alliance. Another type of F-35, the F-35B which is able to land vertically, has landed on roads before.

By Mark John