NEWS

Government

Norway’s $1 Trillion Wealth Fund Reveals Thinking on Oil Risk

Business

Category: Energy

The man running the world’s biggest wealth fund said snapping up oil stocks now could pay off down the line. It’s just not a good idea for Norway. The $1 trillion fund, built from Norway’s own production of petroleum, shockedmarkets in November when it announced a proposal to dump oil and gas stocks. The rationale was that given […]

Source: Bloomberg


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U.S. Chamber’s Donohue Comments on Prospects of Trade War

Business

Category: Financial / Investment

WASHINGTON, D.C. — U.S. Chamber President and CEO Thomas J. Donohue issued the following statement today: “The U.S. Chamber is very concerned about the increasing prospects of a trade war, which would put at risk the economic momentum achieved through the administration’s tax and regulatory reforms. We won’t drive the economy to over 3 percent growth or continue […]

Source: US Chamber of Commerce


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Abbvie-Direktør: Norge På ville veier

Business

Category: Government

Det er meningsløst at pasienter skal dø av sykdommer som det finnes behandling for. Innlegg: Lena Nymo Helli, norsk direktør i AbbVie, i Dagens Medisin. LEGEMIDDELINDUSTRIEN forsker frem, utvikler og gjør tilgjengelig medisiner som bedrer og redder liv. Dette er vi stolt av, og det innebærer et stort etisk ansvar. Vi må sette en pris på medisinene […]

Source: Dagens Medisin


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American companies concerned over unilateral US trade action

Business

Category: Government

US government plans to impose tariffs and limits on imports of steel and aluminium on the basis of national security, authorised under Section 232 of the Trade Expansion Act of 1962, would fail to appropriately address legitimate concerns regarding global overcapacity. It also risks a deterioration in transatlantic economic and political relations that could threaten […]

Source: AmCham.eu


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Successful F-35 drag chute test in Norway

Business

Category: Defense / Security

While The US Air Force is completing another round of cold-weather testing of the F-35A at Eielson Air Force Base in Alaska, Norway completed a successful verification of the drag chute system at Ørland Air Force Base in Norway February 16th. − Receiving the first three aircraft in November 2017 was a major milestone for […]

Source: Regjeringen


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