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Norwegian maritime firm to invest $20 million in Louisiana expansion

Business

Category: Shipping & Offshore

Kongsberg Maritime, a Norwegian maritime technology firm, will invest $20 million to open a new 82,000-square-foot office and training facility in St. Rose. The move is a long-term bet on the Gulf of Mexico oil and gas market, which Kongsberg executives expect to remain strong despite slumping oil prices. The new facility will be located […]

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Published: July 23, 2018


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Jay-Z buys Nordic music streaming service WiMP

Business

Category: Entertainment & Lifestyle

Jay Z is close to acquiring the company behind WiMP, one of Spotify’s biggest streaming rivals, for $56 million, the Financial Times reports. WiMP is hugely popular in Scandinavian countries. It is a rival to Spotify and offers a similar music-streaming service. The company behind WiMP also runs Tidal, a Norwegian version of the service. […]

Source: Business Insider

Published: January 30, 2015


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Norway Regulator Raises Housing Market Warning

Business

Category: Property / Real Estate

(Bloomberg) — A combination of plunging oil prices and falling interest rates risks pushing Norway’s housing market beyond its breaking point, the financial regulator said. The economy of western Europe’s biggest oil exporter is now struggling to expand amid a slump in crude. The central bank cut rates in December and said there’s a 50-50 […]

Source: Bloomberg

Published: January 28, 2015


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Norway Has Figured Out How To Solve The Problem Of Music Piracy

Business

Category: Entertainment & Lifestyle

New data from Norway reveals that music piracy has completely collapsed in the country. Music Business Worldwide is reporting that the country has hit upon a way to rely on streaming to encourage residents to enjoy music legally. A new music industry survey asked people under 30 in Norway whether they illegally download music online. […]

Source: Business Insider

Published: January 27, 2015


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BASF i Brattvåg blir amerikansk

Business

Category: Health

BASF i Brattvåg er kjøpt opp av sin største kunde. No vert den tyskeigde omega-3 produsenten av fiskeolje amerikansk. Komande fredag klokka tolv, vert det markert ved BASF i Brattvåg at den tyskeigde omega-3 produsenten  skal over på amerikanske hender. Alle dei 47 tilsette blir med over i det som frå mandag formelt sett får […]

Source: Sunnmørsposten

Published: January 26, 2015


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