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Norway’s job vacancies at highest in a decade as economy recovers

Bloomberg The number of vacant jobs in Norway rose to the highest in at least a decade, underscoring the strength of momentum in the oil-rich economy after the central bank flagged another interest rate increase will come again in June. The number of vacancies, seasonally adjusted, rose to 71,800 in the first quarter, Statistics Norway said. That beat a previous ...

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BMW CEO defends track record despite weaker margins

Bloomberg BMW AG’s chief executive officer defended his track record at the company’s annual meeting, highlighting a luxury lead in the US and sales growth through a Chinese downturn, even as the carmaker battles to reverse weaker margins. BMW is struggling alongside rivals with a drop in demand after years of auto-industry growth, and record spending for a technology transition. ...

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Conservatives edge closer to victory in Australia elections

Bloomberg Australian PM Scott Morrison’s conservative government appeared poised to claim a come-from-behind victory in Australia’s election against the left-leaning Labor party. While opinion polls had pointed to a Labor win, with more than half the votes counted the Australian Broadcasting Corp predicted the Liberal-National coalition would form government, though it remained unclear whether it would get the 76 seats ...

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