NEWS

CNBC: WHO officials enroll first patients from Norway and Spain in ‘historic’ coronavirus drug trial

Category: Business News

The first patients in a “historic” drug trial to test treatments for the coronavirus have been enrolled in Norway and Spain, World Health Organization officials announced Friday. World health officials are testing four of the most promising drugs to fight COVID-19, including malaria medications chloroquine and hydroxychloroquine, an antiviral compound called Remdesivir, a combination of HIV […]

Source: CNBC

Hellenic Shipping: DNV GL’s remote surveys surge with 15,000 completed since launch

Category: Business News

DNV GL introduced remote surveys in October 2018. More than 15,000 surveys have been completed remotely since then.The impact of the global COVID-19 crisis has reinforced the value of DNV GL’s industry first remote survey services. With some 15,000 surveys and inspections undertaken since the launch in October 2018, customers have benefited from greater flexibility […]

Source: Hellenic Shipping

Forbes: How Norway’s Travel Industry Is Coping Amid Coronavirus Lockdown

Category: Airline / Travel

Tourism in Norway had been booming for a decade. Overnight stays in 2019 increased for the sixth successive year, hitting a new record of 35.2 million guest nights—a figure that excludes private rentals such as AirBnB and the ever increasing number of day visits from cruise ship passengers. Almost 170,000 people work in the tourism sector in […]

Source: Forbes

Published: March 3, 2020

Reuters: Hedge fund manager to lead Norway sovereign fund after $124 billion loss

Category: Business News

OSLO (Reuters) – Norway’s sovereign wealth fund, the world’s largest, named a London-based hedge fund manager as its new chief executive on Thursday and said it had lost $124 billion (104 billion pounds) this year as stock markets tanked due to the coronavirus pandemic. Norwegian-born Nicolai Tangen, until now chief executive of AKO Capital, which […]

Source: Reuters

Press Release: Biogen Foundation Commits $10 Million to Support COVID-19 Relief Efforts in the US and Around The World

Category: Business News

CAMBRIDGE, Mass., March 16, 2020 (GLOBE NEWSWIRE) — Biogen Inc. (Nasdaq: BIIB) today announced that the Biogen Foundation has committed $10 million to support global response efforts and communities around the world impacted by the COVID-19 pandemic. The funds will be used to address immediate critical needs, with the majority of donations going to support non-profit […]

Source: Biogen