Business News

U.S.-EU Summit Statement

Category: Business News

Towards a Renewed Transatlantic Partnership The United States and the European Union represent 780 million people who share democratic values and the largest economic relationship in the world. We have a chance and a responsibility to help people make a living and keep them safe and secure, fight climate change, and stand up for democracy […]

Source: The White House


Equinor to Spend More on renewables as Oil Output Rises

Category: Business News

OSLO, June 15 (Reuters) – Equinor (EQNR.OL) will speed up investments in renewable energy and low carbon solutions as new oil and gas comes onstream ahead of peak production in 2026, the company said on Tuesday as the pressure mounts to prove it can adapt to a greener future. Read full article.

Source: Reuters


Norges Bank Sees Rate Hike in September Amid Hawkish Shift


Category: Accounting / Financial

Norway’s central bank is preparing for a series of quarterly interest-rate increases after the summer, in a move that puts it ahead of most of the rich world in unwinding the crisis policies triggered by the pandemic. Norges Bank will “most likely” raise rates in September, Governor Oystein Olsen said in a statement on Thursday. […]

Source: BloombergQuint


Norway Builds World’s First Electric Zero-Emission Fast Ferry

Category: Business News

Construction commenced in Norway for a fully electric passenger fast ferry, which is being called the first of its kind in the world. The vessel, which is due to enter service in the spring of 2022, is the first of three as part of a project to develop new modular methods for the design and […]

Source: Maritime Executive


America’s Image Abroad Rebounds With Transition from Trump to Biden

Category: Business News

The election of Joe Biden as president has led to a dramatic shift in America’s international image. Throughout Donald Trump’s presidency, publics around the world held the United States in low regard, with most opposed to his foreign policies. This was especially true among key American allies and partners. Now, a new Pew Research Center […]

Source: Pew Research Center

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