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Norway Readies First Offshore Wind Tenders to Spur Oil Industry Transition

Category: Business News

Norway will press ahead with North Sea wind power this year, awarding its first development licences as it spurs the transition of its oil and gas industry and despite its already plentiful renewables supply. The government has earmarked two areas in the North Sea for up to 4.5 gigawatts of floating and bottom-fixed wind turbine […]

Source: Nasdaq


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Norway’s Central Bank Looks Beyond Covid-19

Category: Business News

Norway’s central bank has signaled that it plans to take the plunge by making the country the first developed nation to shift from pandemic-era policy and raise interest rates by the end of the year. The oil-rich country’s central bank, Norges Bank, said Thursday that a faster-than-expected pickup in global economic activity coupled with notable […]

Source: The Wall Street Journal


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Intensifying Negotiations on Transatlantic Data Privacy Flows

Category: Business News

On March 25, 2021, EU Commissioner for Justice, Didier Reynders, and U.S. Secretary of Commerce, Gina Raimondo, made the following statement regarding the negotiations on transatlantic data privacy flows: “The U.S. Government and the European Commission have decided to intensify negotiations on an enhanced EU-U.S. Privacy Shield framework to comply with the July 16, 2020 judgment of […]

Source: The European Commission


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Biden Administration Launches Major Push to Expand Offshore Wind Power

Category: Business News

The White House on Monday detailed an ambitious plan to expand wind farms along the East Coast and jump-start the country’s nascent offshore wind industry, saying it hoped to trigger a massive clean-energy effort in the fight against climate change. The plan would generate 30 gigawatts of offshore wind power by the end of the […]

Source: The Washington Post


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Laerdal Million Lives Fund Raises $100M To Target Health Care Access, Education Startups

Category: Business News

The Laerdal Million Lives Fund launched a new $100 million venture capital fund Tuesday that will invest in commercial-stage companies focused on expanding health care access and education. The fund was established by the Laerdal family and its operating companies, primarily Laerdal Medical and Laerdal Global Health, which has a global impact goal of saving over 1 million lives […]

Source: Crunchbase


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