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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.

Largest Interest Rate Cut in Ten Years Expected

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.

DNB acquires Carnegie for 12 billion kronor

Norwegian Dinosaur Building: "Like Lego for Adults"

Norway's first two genuine dinosaur skeletons are being assembled at the Natural History Museum in Oslo right now. > This is huge fun! It's like Lego for adults, says Jørn Hurum, professor of paleontology.

Norwegian Dinosaur Building: "Like Lego for Adults"

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.

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

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.

Inflation report from the USA boosts the stock market

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.

Strength signal from Norwegian major bank