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Norway’s Kahoot to Explore Secondary U.S. Listing: CEO

Category: Business News

Softbank-backed Kahoot is to explore a secondary listing in New York or another major European exchange as it looks to take advantage of soaring investor demand for growth and tech stocks, its chief executive told Reuters. The Norwegian e-learning company, which made a switch from Oslo’s junior bourse to its main stock exchange on Thursday, […]

Source: Reuters


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Katherine Tai Confirmed as U.S. Trade Rep in 98-0 Senate Vote

Category: Business News

Katherine Tai easily won Senate confirmation as U.S. Trade Representative, putting the former congressional staffer at the center of thorny decisions on enforcement and tariffs that President Joe Biden inherited from Donald Trump. The Senate approved Tai, the first woman of color to serve in the job, in a 98-0 vote on Wednesday. She joins […]

Source: Bloomberg


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Regjeringen oppretter ny eksportaktør

Category: Business News

Regjeringen vil opprette en ny eksportenhet, som skal forvalte 75 millioner kroner og sikre medvirkning og medfinansiering fra næringslivet.  – Eksport og handel på tvers av landegrenser er helt avgjørende for verdiskapingen i Norge. Derfor oppretter vi nå en ny eksportaktør som skal koble bedriftene og virkemiddelapparatet sammen med markedsmulighetene i verden, sier næringsminister Iselin […]

Source: NTB


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Norges Bank Proves Its Hawk Status as Rate Hike Moves Closer

Business

Category: Accounting / Financial

Norway’s central bank brought forward the timing of what will probably be the rich world’s first cycle of interest rate hikes since the pandemic broke out. The Oslo-based bank, which kept its main rate unchanged at zero on Thursday, as predicted, said it now expects to start raising its benchmark deposit rate in the “latter […]

Source: Bloomberg


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Norway Consumer Group Calls for Grindr to be Made to Delete Any Illegal Data

Category: Business News

Norway’s influential Consumer Council called on Wednesday for the country’s data protection watchdog to order Grindr to identify and erase any personal data gathered illegally. Datatilsynet, Norway’s Data Protection Authority, said in January it planned to fine the LGBTQ+ dating app 100 million Norwegian crowns ($11.8 million) for allegedly illegally disclosing user data to advertising […]

Source: Reuters


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