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Norway Sovereign Wealth Fund to Co-lead Class Action in SVB Bankruptcy

Norway's $1.5 trillion sovereign wealth fund, the world's largest, said on Friday it has been appointed by a U.S. court to co-lead an ongoing...

Denmark Withdraws 1,000-Crown Note From Circulation

The Scandinavian nation is set to remove the note, its largest denomination, as legal tender in 18 months time.Denmark, where cash is seldom used,...

12-Month Euribor Sees Largest Drop of Year

The most common reference rate for Finnish housing loans, the 12-month Euribor, fell to 3.794 percent on Monday.On Friday the figure was 3.902 percent. Jan...

Norway’s Wealth Fund Posts Loss of $34B in Q3

Norway’s Sovereign Wealth Fund, the world’s largest, posted a loss of 2.1% or $34 billion on Tuesday in the third quarter. Trond Grande, the deputy...

Finland’s Economic Outlook is Bleak, Finance Ministry Says

Economic forecasts published earlier this year predicted that the Finnish economy would pick up in the latter months of 2023.However, similar reports now seem...

Sweden’s Central Bank Raises Rates to 4%, in Line With Expectations

Sweden’s central bank hiked interest rates for the eighth consecutive time on Thursday, taking the main rate to 4%, as the country continues to...

Sweden’s H2 Green Steel Raises $1.6 Billion for Boden Plant

H2 Green Steel has raised equity funding of about 1.5 billion euros ($1.6 billion) to build the world's first large-scale green steel plant, the...

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