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BP plans to sell a substantial stake in Aker BP, valued at 11.18 billion kroner, leading to a heavy fall in shares. The Oslo housing market is seeing a decline in bidding wars and an increase in 'cold' auctions, while financial experts issue warnings about interest rates, despite some believing the peak has been reached. Small savers have also fled funds after a market downturn, but Autostore reported strong third-quarter earnings, exceeding expectations and raising its revenue guidance.
E24:
Aker BP and Aker: Largest Sale Falls Heavily After Big Sell-off
BP plans to sell up to five percent of Aker BP, shares worth 11.18 billion kroner, with the remaining portion locked for 90 days.
Aftenposten:
Bidding wars absent from Oslo housing market; researchers see more cold auctions
Bidding wars are disappearing from the Oslo housing market, with researchers observing an increasing number of 'cold' auctions.
VG:
Mortgage Rates: Best Rates for Refinancing Here
Financial advice is offered on obtaining the best interest rates for mortgage refinancing.
VG:
Interest Rate Warning
A warning is issued regarding interest rates, likely concerning economic or financial conditions.
E24:
Interest Rate Warning
Experts believe the interest rate peak has been reached, but warn of a precarious economic balance.
E24:
Small Savers Flee After Fund Collapse
Retail investors have sold off funds worth 1.2 billion kroner following a significant market downturn.
E24:
Autostore: Beat Expectations and Increased Revenue Guidance
Autostore reported third-quarter earnings of $192 million before tax, exceeding expectations and raising its revenue guidance.
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