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U.S. Chamber of Commerce: 2025 Economic Preview: A Year of Productivity-Driven Growth
Category: Business News
Barring an unforeseeable event, the economy should grow even better in 2025 than it did in 2023 and 2024, which means a growth rate above 3% with the gains being broadly enjoyed. This will contribute to more opportunities for workers and businesses to reach their American Dream. Read full article HERE.
Source: U.S. Chamber of Commerce
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Norway keeps interest rate on hold, eyes September cut
Category: Business News
OSLO, March 21 (Reuters) – Norway’s central bank kept its benchmark interest rate unchanged at a 16-year high of 4.50% on Thursday, as unanimously expected by analysts, and signalled it plans a single cut to the cost of borrowing this year, fewer than anticipated by most economists. “The rate path we’re presenting today indicates… […]
Source: Reuters
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Norway sovereign wealth fund to co-lead class action in SVB bankruptcy
Category: Business News
OSLO (Reuters) – Norway’s $1.5 trillion sovereign wealth fund, the world’s largest, said on Friday it has been appointed by a U.S. court to co-lead an ongoing U.S. securities class action relating to the now-bankrupt Silicon Valley Bank (SVB). SVB’s collapse in March was the trigger for the worst banking shock since the 2008 global […]
Source: Reuters
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Norway’s Third-Quarter GDP Rebound Keeps Rate Hike in Play
Category: Business News
Norway’s economy eked out a slight gain last quarter, helped by unusually wet weather, likely keeping alive bets the central bank will extend tightening. Mainland gross domestic product, which excludes Norway’s offshore industry, grew 0.1% from the previous three months, when it was unchanged, the statistics office said on Thursday. The development was weaker than both a […]
Source: Bloomberg
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What is Coming for Outbound Investment Screening?
Category: Business News
In this second article of our three-part series on outbound investment screening, we explore the outbound investment screening proposals from both the United States and the European Union and their future effects on Nordic companies. US Outbound Investment Screening Regulations Turning our attention first to the US outbound investment screening, we find that the US […]
Source: Sanctions Advisory
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