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Bloomberg: Norway’s $1 Trillion Wealth Fund Expands US Stakes Amid Rout
Category: Business News
Norway’s $1trillion sovereign wealth fund has been bulking up on stocks that got hammered during March’s historic market decline, adding to stakes in companies such as Carnival Corp. and Royal Dutch Shell Plc. The fund has acquired holdings of 5% or more in seven U.S.-traded companies since mid-March, according to filings by Oslo-based Norges […]
Source: Bloomberg
Published: May 1, 2020
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Reuters: Norway pledges $1 billion to vaccines against COVID-19, other diseases
Category: Business News
OSLO (Reuters) – Norway will give $1 billion to support the distribution worldwide of any vaccine developed against COVID-19 as well as for vaccines against other diseases, Prime Minister Erna Solberg said on Monday. Oslo made the pledge as part of a donor conference held on Monday by the European Union to raise 7.5 billion […]
Source: Reuters
Published: May 4, 2020
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Mercer Launches 2020 Global Talent Trends Study
Category: Business News
With headwinds to navigate, companies are looking for a beacon to guide their actions. Drawing on input from 7,300+ C-suite executives, HR leaders and employees in 34 countries, Mercer’s latest study reveals how organizations are transforming their workforce and workplace. By comparing what enables people to feel they are thriving and energized, and by taking […]
Source: Mercer
Published: May 5, 2020
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TechnipFMC vil kutte 700 stillinger i Norge
Category: Business News
TechnipFMC opplyser mandag om beslutningen overfor E24. – Vi ser at aktiviteten i markedet blir betydelig lavere de neste årene – vi snakker om en nedgang på i overkant av 30 prosent, sier kommunikasjonsdirektør Lars Ole Bjørnsrud. Av de 3.100 som jobber i TechnipFMC i Norge vil opp til 700 nå miste jobben, opplyser selskapet. […]
Source: E24
Published: May 4, 2020
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gCaptain: ARC Wins Major Global Household Goods Contract from U.S. Transportation Command
Category: Business News
U.S.-flag ro-ro carrier ARC has been awarded a major contract to provide global relocation services for the Department of Defense and U.S. Coast Guard. The Global Household Goods Contract, valued at over $7 billion, was awarded to ARC this week by the U.S. Transportation Command. ARC is a subsidiary of Oslo, Norway-based Wallenius Wilhelmsen. After […]
Source: gCaptain
Published: May 1, 2020
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