New oil and gas exploration licensing round agreed upon by Norway
The Norwegian parliament has ordered the country’s government to begin a new oil and gas exploration licensing round, which will allow for an increase...
Business
Information and news on Business and Finance related issues
Pipar\TBWA Backs AI Startup Aida.Social in their Expansion Push
Icelandic creative agency Pipar\TBWA has taken a notable step into the world of AI-driven marketing, confirming its investment in Norwegian-British te...
Sweden orders online casino to pay 12 million Krona for violating excessive gambling rules
The online casino Videoslots has been ordered by Sweden’s Gambling Authority, Spelinspektionen, to pay 12 million Krona for failing to counteract exce...
Key interest rates at Denmark’s central bank cut by 25 basis points
The key interest rates at Denmark’s central bank have been cut by 25 basis points following the European Central Bank’s reduction of its m...
Iceland cancels its whaling season for the second year in a row
Hvalur HF, Iceland’s largest whaling company, has announced that it’ll not be participating in the country’s whaling season for the second year in a r...
Final coal power plant in Finland officially shuts down
Finland’s Salmisaari coal power plant in Helsinki has officially shut down, making it the final coal power plant in the country to close its doors. Th...
Sweden to increase spending for defense to 3.5% of GDP
Sweden’s Prime Minister Ulf Kristersson has announced that the country aims to increase its spending on defense to 3.5% of GDP by 2023. This ann...
Digital approval system to automate heat pump subsidies launched in Denmark
A new digital approval system has been launched in Denmark by the Danish Energy Agency, which automates heat pump subsidies and is set to streamline t...