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Norway Makes First Deposit to Huge Wealth Fund Since 2016

Business

Category: Financial / Investment

Norway made the first deposit to its $1 trillion wealth fund in almost three years as climbing oil prices and a recovering economy again swell the coffers of western Europe’s biggest crude producer. The Finance Ministry put 1.9 billion kroner ($230 million) into the fund in June, cutting withdrawals this year to 7.9 billion kroner, […]

Source: Bloomberg

Published: September 24, 2018


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What New Tariffs Mean For American Businesses With Interests In Europe

Category: Business and Investment News

Canadian Prime Minister Justin Trudeau, French President Emmanuel Macron and congressional Republicans in the U.S. are speaking out against President Trump’s steel and aluminum tariffs, after he announced Thursday that he would officially place them on allies Canada, Mexico and the European Union. Here & Now‘s Peter O’Dowd speaks with Susan Danger (@AmChamEU_SDA), CEO of the American […]

Source: Wbur.org

Published: September 24, 2018


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US Chamber Comments on Proposed Auto Tariffs

Business

Category: Government

U.S. Chamber of Commerce President and CEO Thomas J. Donohue issued the following statement today in response to the Commerce Department announcement that it will launch an investigation under Section 232 of the Trade Expansion Act of 1962 into whether imports of vehicles and auto parts harm national security: “The U.S. Chamber strongly opposes the […]

Source: US Chamber of Commerce

Published: September 24, 2018


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F-35 and More: Half of Norway’s Defense Projects Late Due to ‘Time Optimism’

Business

Category: Defense / Security

A delay in equipment delivery could potentially amount to years, which may undermine the country’s security at a time when the Norwegian Armed Forces are going through a challenging period of major transformations involving the highly anticipated switch to US F-35 fighter jets, which are slated to become the new backbone of Norway’s military. Roughly […]

Source: Sputnik News

Published: September 24, 2018


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Avgiftssjokk fører til røde tall og nedbemanninger

Business

Category: Financial / Investment

Bedriftene som er berørt av avgiftssjokket på alkoholfrie drikkevarer og sjokolade- og sukkervarer, sliter nå i motbakke. I tillegg går den stadig økende grensehandelen direkte utover bedriftenes konkurranseevne. Det viser en fersk medlemsundersøkelse gjennomført av NHO Mat og Drikke. Stortingsflertallets vedtak om avgiftsøkning gir en direkte effekt på lønnsomhet, omsetning og bemanning i 1 av […]

Source: NHO

Published: September 24, 2018


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