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DNB Bank Error Leads to Triple Payments for Some Norwegians
Business News

DNB Bank Error Leads to Triple Payments for Some Norwegians

A mistake at the major Norwegian bank DNB resulted in several Norwegians waking up on Thursday with large extra amounts on their salary account, while others were left without payments.
Vix Surge Signals Growing Recession Fears in US Markets
Business News

Vix Surge Signals Growing Recession Fears in US Markets

Vix, which is usually referred to as Wall Street's fear index, temporarily rose to over 60 on Monday morning. It is a surge upwards of 130 percent compared to the previous day
Stock Trading Resumes at DNB
Business News

Stock Trading Resumes at DNB

Major Bank Expects Only One Interest Rate Cut
Business News

Major Bank Expects Only One Interest Rate Cut

The Swedish Central Bank is lowering the interest rate to 2. 25 percent next week
Distribution Party on the Stock Exchange - "Must Be a Record"
Business NewsTop News

Distribution Party on the Stock Exchange - "Must Be a Record"

It's being loaded up for a record-breaking payout party on the stock exchange this spring. The payouts are increasing by 11 percent to a total of approximately 326 billion kronor next year, according to a fresh prognosis from the major bank SEB
Largest Interest Rate Cut in Ten Years Expected
Business NewsTop News

Largest Interest Rate Cut in Ten Years Expected

Everything points to the Swedish Central Bank making a double cut in the interest rate on Thursday. It would be the largest interest rate cut in over ten years
DNB acquires Carnegie for 12 billion kronor
Business News

DNB acquires Carnegie for 12 billion kronor

The Norwegian major bank DNB Bank has reached an agreement with the major shareholder Altor, with financier Harald Mix, to buy all shares in the Swedish investment bank Carnegie Holding AB. The price tag lands at 12 billion kronor
Norwegian Dinosaur Building: "Like Lego for Adults"
Entertainment News

Norwegian Dinosaur Building: "Like Lego for Adults"

The warning: This is how expensive the euro can become next year
Business News

The warning: This is how expensive the euro can become next year

Think you that the foreign holiday is already expensive? Then be prepared for the Swedish krona to become even weaker next summer. A major bank is now warning of a clear decline next year
Inflation report from the USA boosts the stock market
Business News

Inflation report from the USA boosts the stock market

An unexpectedly positive inflation report from the USA caused the Stockholm Stock Exchange to rise on Thursday. The broad OMXS index closed at plus 1
Strength signal from Norwegian major bank
Business News

Strength signal from Norwegian major bank

The Norwegian major bank DNB is feeling the morning air. The profit increased in the second quarter and the bank sees a positive trend in all customer segments, including rising housing prices, more seeking mortgages and higher real wages among Norwegian households
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