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Norway’s Third-Quarter GDP Rebound Keeps Rate Hike in Play

Category: Business News

Norway’s economy eked out a slight gain last quarter, helped by unusually wet weather, likely keeping alive bets the central bank will extend tightening. Mainland gross domestic product, which excludes Norway’s offshore industry, grew 0.1% from the previous three months, when it was unchanged, the statistics office said on Thursday. The development was weaker than both a […]

Source: Bloomberg


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INTERNATIONAL TRADE ADMINISTRATION AND NORWEGIAN MINISTRY OF TRADE, INDUSTRY, AND FISHERIES LAUNCH COMPREHENSIVE DIALOGUE FOR COMMERCE AND SUSTAINABILITY

Category: Business News

WASHINGTON – Today, Under Secretary of Commerce for International Trade Marisa Lago and State Secretary Tore Onshuus Sandvik of the Norwegian Ministry of Trade, Industry, and Fisheries signed a memorandum of understanding to launch the U.S.-Norway Comprehensive Dialogue for Commerce and Sustainability. The new bilateral dialogue aims to facilitate increased engagement between the International Trade Administration and […]

Source: Trade.gov


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Hydro opens new aluminium recycling plant in Cassopolis, Michigan

Category: Business News

On November 16, Hydro opened the Cassopolis plant in the U.S., 18 months after breaking ground at the site. The USD 150 million Michigan plant will produce 120,000 metric tonnes of recycled aluminium annually. Hydro is now producing aluminium with the lowest carbon footprint in North America. “With the U.S. experiencing a manufacturing renaissance, this […]

Source: Hydro


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New IBM Study Explores the Changing Role of Leadership as Businesses in Europe Embrace Generative AI

Category: Business News

– IBM launches new European study of 1600+ senior leaders and C-level executives to explore how leadership is changing in the age of AI – 82% of leaders surveyed have already deployed generative AI or intend to deploy generative AI in the next year, driven primarily by pressure from employees, management, and investors – 96% […]

Source: IBM Newsroom


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What is Coming for Outbound Investment Screening?

Category: Business News

In this second article of our three-part series on outbound investment screening, we explore the outbound investment screening proposals from both the United States and the European Union and their future effects on Nordic companies. US Outbound Investment Screening Regulations Turning our attention first to the US outbound investment screening, we find that the US […]

Source: Sanctions Advisory


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