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New York Times: U.S. Is Nowhere Close to Reopening the Economy, Experts Say

Category: Business News

WASHINGTON — How long can we keep this up? It is still very early in the U.S. effort to snuff a lethal pandemic by shutting down much of the economy. But there is a growing question — from workers, the White House, corporate boardrooms and small businesses on the brink — that hangs over what is essentially […]

Source: New York Times

Published: April 6, 2020


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Fish Farmer: Norwegian exports defy coronavirus onslaught

Category: Business News

Remarkably, Norway saw its salmon exports increase last month despite the ravages to trade caused by the coronavirus pandemic. Its fish farmers exported 85,800 tonnes of salmon worth NOK 6.1 billion (£473 million) in March. This is an increase in volume of four per cent, while the value increased by NOK 103 million, or two per cent, on March last year. […]

Source: Fish Farmer

Published: March 4, 2020


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The Economist: The departing boss of Norway’s oil fund on building an asset manager

Category: Business News

There is a point in a conversation with Yngve Slyngstad when he invokes Bjorn Borg, the Nordic tennis star of the 1970s. The Borg approach—make sure you don’t lose; above all, be solid—is one Mr Slyngstad has instilled in Norges Bank Investment Management (NBIM), the organisation he has run since 2008 from within Norway’s central […]

Source: The Economist

Published: April 4, 2020


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Bloomberg: Norway May Join Oil Output Cuts for First Time Since 2002

Category: Business News

Norway, the biggest oil producer in western Europe, said it would consider cutting its output if there was a broad international agreement to curb supply. The Nordic nation, whose oil output is set to grow over the next few years, hasn’t been a part of coordinated international cuts to support prices since 2002. OPEC and other producing […]

Source: Bloomberg

Published: April 4, 2020


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World Oil: ExxonMobil joins COVID-19 fight, helping develop multi-use PPE for clinical settings

Category: Business News

IRVING, TEXAS – ExxonMobil and the Global Center for Medical Innovation (GCMI) have initiated multi-sector and joint development projects to rapidly redesign and manufacture reusable personal protection equipment for health care workers, such as face shields and masks, which are in short supply as a result of the COVID-19 pandemic. In response to the unprecedented […]

Source: World Oil

Published: April 2, 2020


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