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OSL:KOG 21 September 2025

Norway’s Space Industry Is Skyrocketing – Inside the High North’s Satellite Boom

Norway’s Space Industry Is Skyrocketing – Inside the High North’s Satellite Boom

Norway opened Andøya Spaceport in 2023, making it the first satellite launch base on European soil. The country’s space sector generates about NOK 11.7 billion in annual revenue, exporting 81% of its output and employing around 2,700 people. In 2024, Norway launched Arctic broadband satellites with U.S. partners to boost connectivity above 65°N.

Stock Market Today

  • Sensex nudges up as oil prices drop and rupee strengthens
    May 21, 2026, 3:46 AM EDT. Indian shares edged higher on Thursday, with the BSE Sensex up 0.20% and the Nifty 50 gaining 0.30%. The rise followed a decline in Brent crude oil prices, which dipped 5.6% near $106 a barrel, and a rebound in the rupee supported by Reserve Bank of India dollar sales. Despite early gains fading, investor sentiment improved amid easing inflation pressures and stabilizing currency. Key earnings influenced moves, with Apollo Hospitals posting a 36% profit increase and Lenskart Solutions reporting 46% revenue growth. Caution persisted over Ola Electric due to a 5% revenue decline. Market momentum depends on crude oil trends and rupee stability as investors balance earnings strength against macroeconomic challenges like high U.S. bond yields.

Latest articles

Fed Officials Float Rate Hikes Again as Cut Hopes Wobble

Fed Officials Float Rate Hikes Again as Cut Hopes Wobble

21 May 2026
Federal Reserve minutes released Wednesday showed most officials see possible rate hikes if inflation remains above 2%. Markets and economists have pushed back expectations for rate cuts, with some now anticipating increases. The Fed’s benchmark rate held at 3.50% to 3.75% in April. The next FOMC meeting is set for June 16-17.
Treasury yields close in on 2007 highs, Wall Street takes note

Treasury yields close in on 2007 highs, Wall Street takes note

21 May 2026
The 30-year U.S. Treasury yield reached 5.128% early Thursday, near its highest level since 2007, with the 10-year at 4.593%. Treasury data showed the 30-year par yield at 5.11% Wednesday, down from 5.18% Tuesday. The average 30-year fixed U.S. mortgage rate rose to 6.56%, the highest in seven weeks, as mortgage applications fell 2.3%. Fed minutes showed most policymakers see more tightening if inflation stays above 2%.
Asia Chips Rally Lifts Nvidia, Samsung Shares

Asia Chips Rally Lifts Nvidia, Samsung Shares

21 May 2026
Asian stocks jumped Thursday, led by chipmakers after Nvidia forecast stronger revenue and Samsung Electronics reached a deal to avert a strike. MSCI’s Asia-Pacific index outside Japan rose 2.6%, with South Korea’s KOSPI up over 7% and Samsung shares nearly 8% higher. SK Hynix surged 11.3%. Japan’s exports climbed 14.8% in April, but its services PMI fell to 50.0, ending more than a year of growth.
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