OSLO Norwegian Air plans to raise 3 billion Norwegian crowns ($353 million) in a share sale to strengthen its finances, days after British Airways owner IAG ruled out a bid for the loss-making budget airline.
OSLO Norway's central bank left its main interest rate unchanged at 0.75 percent on Thursday, as expected, and reiterated plans to raise them in March, in line with its previous forecast.
* Says balance of risk points to rising rates
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OSLO Norway's Prime Minister Erna Solberg struck a deal on Thursday to form a centre-right majority government by adding the small Christian Democratic Party to her minority three-party coalition.
OSLO Almost a third of new cars sold in Norway last year were pure electric, a new world record as the country strives to end sales of fossil-fueled vehicles by 2025.
* Banks told to hold more buffer capital
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OSLO Norway's Ultimovacs plans to raise around 700 million Norwegian crowns ($82 million) in an initial public offering in early 2019 to help fund the development of its immunotherapy cancer drug.
OSLO A planned breakup of Norwegian media group Schibsted will allow its online classified advertising business to expand via mergers and acquisitions on three continents, the company's chief executive told Reuters.
* Economist: sees next hike in March 2019
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* Norwegian investors welcome planned IPO of fast-growing