5 items across 4 digests
Norway's central bank raised interest rates to combat inflation while European stocks ended lower. Higher interest rates increase borrowing costs for technology companies and reduce investor appetite for growth stocks.
Blue Moon's Norway copper project has a net present value of $235 million and 19% internal rate of return over 13 years. This matters to mining investors because it represents a viable mid-tier copper development project with strong economics at current metal prices.
Hydrogen industry executives have formed a new company targeting a 50MW data center project in Vestland, Norway with the first phase launching in 2028. This represents a strategic convergence of energy and data infrastructure, potentially offering more sustainable computing solutions in regions with abundant renewable resources.
Fossefall is targeting a data center development in Rollag, Norway, at a former automotive plant site. Norway's cold climate and renewable energy resources make it attractive for energy-intensive AI and cryptocurrency operations.
Norway's $2 trillion sovereign wealth fund CEO warns that European markets face a crisis and need urgent action to remain competitive. The fund chief emphasizes a 'winner takes it all' dynamic in global markets, suggesting Europe risks falling behind in the investment landscape.
DailySand