Norway's $1.8 trillion sovereign wealth fund, the world's largest, reported on Wednesday a record annual profit of 2.51 trillion crowns ($222 billion), driven by last year's tech rally.

Norway’s $1.8 trillion wealth fund ended 2024 with a tech-heavy top ten, just as the success of the artificial intelligence model developed by Chinese startup DeepSeek raises the specter of a correction in the AI-driven stock rally.

Norway's eurosceptic Centre Party quit the government on Thursday in a dispute over the adoption of European Union energy policies, leaving the centre-left Labour Party to rule alone eight months before an election.

Norway's government coalition collapsed on Thursday following a long dispute over the implementation of EU energy market regulations. The agrarian Centre Party, the junior partner of Prime Minister Jonas Gahr Støre's Labour Party,

The agrarian Center Party (Senterpartiet) left the center-left government of Prime Minister Jonas Gahr Støre, representing the Labor Party, on Thursday. According to Støre, the conflict arises from the Center Party's eurosceptic stance and its refusal to deepen Norway's relations with the European Union in terms of energy policy.