Oslo- The Hurtigruten shipping company that operates the Norwegian coastal express Wednesday posted weaker third-quarter results over higher fuel costs and fewer passengers and said it would cut half its land-based staff.
The company posted a pre-tax profit of 60 million kroner (8.5 million dollars), a 81-million-kroner drop year-on-year.
The group reported 934 million kroner in sales for the quarter, compared to 978 million kroner in the corresponding business period last year.
Management said it aimed to trim costs by 35 per cent during 2009, resulting in 200 fewer land-based jobs, of which 80 in Norway.
Oslo - Citing the effects of the global financial turmoil, the fund that invests income from Norway's petroleum and gas riches for future pensions on Tuesday reported its lowest return to date.
The return on the fund during third-quarter 2008 fell 7.7 per cent measured in international currency, the central bank that manages the fund said.
The Norwegian Government Pension Fund - Global was worth 2.12 trillion kroner (299 billion dollars) at the end of the third quarter.
Oslo - Norwegian Crown Princess Mette-Marit on Monday began studies in leadership and management at the Norwegian School of Management.
"I am really looking forward to these studies," the 35-year-old princess told local media.
The six-month course includes studies of leadership drawn from classic works penned by the likes of Norwegian Henrik Ibsen as well as Norwegian explorers Fridtjof Nansen and Roald Amundsen.
"We focus on both modern theories and classics. We will study (Friedrich) Nietzsche, Soren Kierkegaard, Machiavelli and Joseph Conrad," said lecturer Kjetil Eikeset, an economist and philosopher.
Oslo - Norwegian salvage teams and representatives of a shipping company were Wednesday assessing how to prevent fuel leaking from a freighter that ran aground in the Oslo fjord, reports said.
Oslo (Norway), Nov 18 : Union Minister of Health and Family Welfare Dr Anbumani Ramadoss, who is on official visit to Norway met the Prime Minister of Norway Jens Stoltenberg at Oslo today and discussed issues pertaining to health sector cooperation between the two countries.
During this meeting, Dr. Ramadoss highlighted implementation of the National Rural Health Mission (NRHM), Imunisation Programme, maternal and child health programme, tobacco control measures, HIV/AIDS in India.
Stoltenberg appreciated Dr Ramadoss on the NRHM and the reduction in Maternal mortality ratio in India.
Oslo - Norway was set to introduce a European Union directive aimed at liberalising services despite a split in the red-green coalition, Prime Minister Jens Stoltenberg said Thursday.
"The service directive is good and important for Norway and will contribute to equal, secure and predictable rules for Norwegian companies," Stoltenberg told reporters.
Although Norway is not a member of the EU, it cooperates closely with the 27-nation bloc as member of the European Economic Area (EEA).
Oslo- The Hurtigruten shipping company that operates the Norwegian coastal express Wednesday posted weaker third-quarter results over higher fuel costs and fewer passengers and said it would cut half its land-based staff.
Oslo - Citing the effects of the global financial turmoil, the fund that invests income from Norway's petroleum and gas riches for future pensions on Tuesday reported its lowest return to date.
Oslo (Norway), Nov 18 : Union Minister of Health and Family Welfare Dr Anbumani Ramadoss, who is on official visit to Norway met the Prime Minister of Norway Jens Stoltenberg at Oslo today and discussed issues pertaining to health sector cooperation between the two countries.
Oslo - Norway was set to introduce a European Union directive aimed at liberalising services despite a split in the red-green coalition, Prime Minister Jens Stoltenberg said Thursday.
