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Time Magazine: Erna Solberg on How Norway Is Reopening With Cautious Optimism: ‘We Know Where the Risk Points Are’
Category: Business News
When COVID-19 started rapidly spreading throughout Europe in March, Norway was hard hit. But under Prime Minister Erna Solberg’s leadership, the country quickly adopted strict lockdown measures and ramped up testing. Five months later, Norway now enjoys one of the lowest fatality rates in Europe. “This is the rainiest day Norway has had since the […]
Source: Time Magazine
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Reuters: Adevinta buys eBay’s classifieds unit in $9.2 billion deal
Category: Business News
OSLO/LONDON (Reuters) – U.S. firm eBay Inc has agreed to sell its classified ads business to Norway’s Adevinta in a deal worth $9.2 billion, creating the world’s largest classifieds group, the companies said on Tuesday. Under the deal, eBay will receive $2.5 billion in cash and 540 million shares of Adevinta, making it the largest […]
Source: Reuters
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Equinor second quarter 2020 results
Category: Business News
Equinor reports adjusted earnings of USD 0.35 billion and USD 0.65 billion after tax in the second quarter of 2020. IFRS net operating income was negative USD 0.47 billion and the IFRS net income was negative USD 0.25 billion. The second quarter was characterised by Financial results impacted by the Covid-19 pandemic and very low […]
Source: Equinor
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Shifter: Bekreftet: Amazon skal utvide til Norge
Category: Business News
Den nær forestående etableringen i Sverige vil fungere som inngangsport til resten av Norden – inkludert Norge – for netthandelens Goliat. – På ingen måte for sent, men de har ikke god tid, sier gründeren bak We Are Brands om norske aktører. Det er en dårlig skjult hemmelighet at Amazon er i ferd med å […]
Source: Shifter
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US Chamber CEO Thomas J. Donohue in the New York Times: Why the US Chamber of Commerce Is Suing the Trump Administration
Category: Business News
Over the past few weeks, the Trump administration has decided to close the door to engineers, executives, information technology experts, doctors, nurses and others who come to the United States on work visas. It has attempted to ban international students from attending American colleges and universities that hold classes virtually in the fall. And it has shown an unwavering commitment […]
Source: New York Times
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