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Norway

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Oil giant Shell beats profit expectations despite weaker crude prices

Sagar8 months ago01 mins

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 a significant drop in third-quarter profit on weaker crude prices. Shell posted adjusted earnings of $5.4 billion for the quarter, beating analyst expectations of $5.05…

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Norway sovereign wealth fund invests $543 million in Manhattan offices

Sagar10 months ago03 mins

NEW YORK, NY – JUNE 28: People walk along 6th Avenue in front of One World Trade Center during a street festival on June 28, 2025, in New York City. (Photo by Gary Hershorn/Getty Images) Gary Hershorn | Corbis News | Getty Images Norway’s $2 trillion sovereign wealth fund intends to invest more than half…

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The 10 most and least affordable countries for expats in 2025

Sagar10 months ago03 mins

As rising living costs and global economic uncertainty continue to strain many financially, some expats have found that moving overseas can be easier on their wallet. For the fifth consecutive year, Vietnam is the most affordable country in the world for expats, ranking first out of 46 destinations when it comes to personal finances, according to the 2025…

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Equinor backs Orsted after Trump ramps up attacks on offshore wind

Sagar10 months ago03 mins

Picture taken on September 4, 2023 shows windmills at the Nysted Offshore Wind Farm constructed by Danish windpower giant Orsted in 2002-2003 in the Baltic Sea near Gedser in Denmark. Thomas Traasdahl | Afp | Getty Images Norwegian oil giant Equinor on Monday pledged to support Denmark’s Orsted with almost $1 billion of fresh capital,…

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OpenAI backs AI data center in Norway With 100,000 Nvidia GPUs

Sagar11 months ago03 mins

Jaque Silva| Nurphoto | Getty Images OpenAI on Thursday said it is launching a Stargate-branded AI data center in Norway, marking its first foray into Europe with such a project. British firm Nscale will design and build the site as part of a 50-50 joint venture with Norwegian energy infrastructure firm Aker. OpenAI will be…

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EVs are everywhere in Oslo. Here’s what Norway has done differently

Sagar11 months ago05 mins

Oslo Taxi’s Tesla model Y (L) and the NIO ET5 electric vehicle from Nio Inc, a Chinese multinational electric car manufacturer, drive through the Norwegian capital Oslo, on Sept. 27, 2024. Jonathan Nackstrand | Afp | Getty Images OSLO, Norway — Electric vehicles are pretty much everywhere you look in Norway. The wealthy Nordic country,…

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Norway’s obsession defies Europe’s Elon Musk backlash

Sagar12 months ago04 mins

An electric car at a charging station in the Norwegian capital of Oslo on Sept. 25, 2024. Jonathan Nackstrand | Afp | Getty Images OSLO, Norway — Tesla continues to find solace in Norway, defying a sustained European slump amid a backlash over CEO Elon Musk‘s incendiary political rhetoric. The U.S. electric vehicle maker recorded…

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  • Efforts to raise the minimum wage are running into resistance
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