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Statement from President Joe Biden on EU Adoption of Adequacy Decision for U.S.-EU Data Flows

Category: Business News

“I welcome the European Commission’s adequacy decision for the EU-U.S. Data Privacy Framework—which will allow personal data to be transferred from Europe to U.S. companies safely and securely. Today’s announcement represents the culmination of years of close cooperation between the United States and the European Union, and affirms the strength of our transatlantic relationship founded […]

Source: The White House

Published: October 7, 2023


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Norway Retail Sales Surprise With Biggest Jump in 6 Months

Category: Business News

Norwegian retail sales rose more than expected in May, jumping the most in six months, led by hardware stores and petrol stations, in another sign that consumers show resilience to rising costs. Seasonally adjusted retail sales, excluding motor vehicles, rose 1.2% from April, compared with a median forecast of 0.2% gain in a Bloomberg survey […]

Source: Bloomberg


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Exxon CEO Tells Europe to Follow US Approach to Climate Action

Category: Business News

European leaders looking to tackle climate change should look to US policy and “let the market work” to avoid driving companies away with prescriptive regulations, Exxon Mobil Corp. Chief Executive Officer Darren Woods said. “I think it’s a huge mistake to be picking winners and losers and focusing on specific technologies,” Woods told the CEO Norway’s […]

Source: Bloomberg


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KONGSBERG to establish new depot for F-35 maintenance in Norway

Category: Business News

Kongsberg Defence & Aerospace (KONGSBERG) has together with the Norwegian Armed Forces decided to build a new depot in Rygge, Norway for the maintenance of airframes on the Norwegian F-35 combat aircraft. Read full article.

Source: KONGSBERG


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U.S. Chamber Welcomes Medical Supply Chain Resilience Act

Category: Business News

WASHINGTON, D.C. – U.S. Chamber of Commerce Senior Vice President for International Policy John Murphy issued the following statement welcoming the introduction of the Medical Supply Chain Resilience Act by Senators Tom Carper (D-DE) and Senator Thom Tillis (R-NC): “The Chamber strongly supports the Medical Supply Chain Resilience Act, which will strengthen supply chains for […]

Source: US Chamber of Commerce


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