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#FDIintheUSA: Nearly 7 Million American Jobs
Category: Financial / Investment
As Director of Investment Analysis, I am responsible for leading SelectUSA’s data evaluation efforts related to foreign direct investment (FDI) promotion in the United States. So, it was with great interest (and I’ll admit excitement) that I reviewed the newly released preliminary 2015 and revised 2014 FDI activity data from the Bureau of Economic Analysis (BEA), which follows the July release of 2016 […]
Source: International Trade Administration
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Cyclical bottom has been reached, but recovery will be slow
Category: Accounting / Financial
A highly expansive fiscal and monetary policy, weak krone and strong growth in house building have contributed to a shift in the economy. Low interest rates and high growth internationally are driving the upswing, while a stronger krone and less house building are curbing growth. Norway’s trading partners have passed the cyclical bottom and we […]
Source: SSB.no
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DNV GL: Energy Transition Outlook
Category: Automobile / Transport
At a time of uncertainty for energy stakeholders, the Energy Transition Outlook provides a balanced forecast of our energy future through to 2050, from an organization with an equal footing in fossil and renewable energy. Group President & CEO Remi Eriksen says, “Profound changes in the energy mix await us, and more than 70% of […]
Source: DNV GL
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World’s Biggest Wealth Fund Loses Taste for New Assets
Category: Accounting / Financial
The world’s biggest sovereign fund says expanding into new asset classes is now hardly worth the effort. That means the opportunities for raising returns that Norway’s wealth fund once saw in infrastructure and private equity (and spent years trying to get political approval to buy) no longer exist, according to Yngve Slyngstad, the chief executive […]
Source: Bloomberg
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Nabors Adds Robotic Drilling Systems
Category: Accounting / Financial
The main shareholders of Robotic Drilling Systems AS (RDS) Odfjell Drilling, Statoil Technology Invest, Investinor and Westcon have entered into an agreement to sell 100 % of the RDS shares to Nabors Industries (Nabors). As part of the transaction, the largest shareholder in RDS prior to the transaction, Odfjell Drilling and Nabors have signed a […]
Source: Subsea World News
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