NEWS

Financial / Investment

Norway oil fund posts sixth straight quarter of gains

Business

Category: Accounting / Financial

Norway’s $1tn oil fund took advantage of benign market conditions over the summer to post its sixth consecutive quarter of positive returns. The world’s largest sovereign wealth fund returned 3.2 per cent in the third quarter with strong stock markets ensuring its equity portfolio gained 4.3 per cent while bonds delivered a 0.8 per cent […]

Source: FT


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Oil firm Aker BP in $2 billion deal to buy Norway unit of Hess

Business

Category: Energy

Aker BP has agreed to buy the Norwegian unit of U.S. oil firm Hess in a $2 billion deal, the companies said on Tuesday. Hess is the latest global oil company to abandon or scale back its presence in Norway, following partial divestment by BP and Exxon Mobil in 2016 and 2017, respectively.  Aker BP […]

Source: Reuters


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DNBs USA-sjef Giacomo Landi ser flere likhetstrekk mellom 1987 og 2017

Business

Category: Accounting / Financial

– Det store spørsmålet mange stiller seg for tiden, er hvorfor ikke finansmarkedene er berørt av de politiske urolighetene i Washington. Jeg har ikke noe entydig svar på det. DNBs USA-sjef Giacomo Landi står bredbent på kanten av en halvferdig skyskraper i Hudson Yards, 395 meter over asfalten. Her er ingen vegger eller vinduer, bare […]

Source: Dagens Næringsliv


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Thinfilm and GlaxoSmithKline Bring NFC Technology to Leading Over-the-Counter Brand Flonase

Business

Category: Financial / Investment

OSLO, Norway, October 3, 2017 – Thin Film Electronics ASA (“Thinfilm”) (OSE: THIN; OTCQX: TFECY), a global leader in NFC (near field communication) mobile marketing and smart packaging solutions, today announced that GlaxoSmithKline (“GSK”) (LSE/NYSE: GSK), one of the world’s leading research-based pharmaceutical and healthcare companies has commercially deployed Thinfilm’s unique SpeedTap(TM) tags to create […]

Source: Thinfilm


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Boyden Industry Insights: The greening of oil & gas

Business

Category: Energy

Some US oil and gas producers are deploying methane control programs, with Exxon Mobil, the country’s biggest natural gas producer, in the lead. Exxon Mobil has announced a program to lower emissions of methane, one of the most harmful greenhouse gases, from its US oil and gas production and pipelines. It will focus mainly on […]

Source: Boyden


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