Norway’s giant state investment fund has said it will increase its investment in the UK. The sovereign wealth fund, which has $1tn (£750bn) to invest from Norway’s oil and gas income, is already one of the biggest investors in UK assets.
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Norway’s Economy Expands Faster Than Estimated in Fourth Quarter
Norway’s economic growth accelerated more than estimated in the fourth quarter, reaching the fastest pace in more than four years, boosted by consumer spending in what were a weak three months for investments.
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Half of Sold Cars in Norway in 2018 Were Electric
Half of all passenger cars sold in Norway in 2018 were either electric or hybrids — a world record, according to the Norwegian Road Federation.