NEWS

Bloomberg: Citi Doesn’t See Oil Revival From Virus Until 4Q

Category: Business News

Citigroup Inc. slashed its price forecasts for commodities from oil to copper and iron ore as it said the impact of the coronavirus looks much worse than it initially thought. Oil came in for the most severe downgrades, with the bank cutting estimates for the first three quarters. Citi also reduced its first-quarter copper projection, […]

Source: Bloomberg

Published: February 3, 2020

Reuters: Electric cars grab 44% market share in Norway in January

Category: Accounting / Financial

OSLO (Reuters) – Electric cars accounted for a 44.3% share of Norway’s new car sales in January, rising year on year but falling short of the 50-60% range the industry forecast for 2020, data from the Norwegian Road Federation showed on Monday. In January 2019 electric cars made up 37.8% of sales in the Nordic […]

Source: Reuters

Published: February 3, 2020

MAREX: Huntington Ingalls Buys Kongsberg’s Hydroid UUV Division

Category: Business News

Huntington Ingalls Industries announced Wednesday that it has agreed to buy Massachussets-based marine robotics company Hydroid from its current owner, Kongsberg Maritime. HII and Kongsberg are also establishing an alliance to market their joint capabilities to the U.S. government. Hydroid is best known as the maker of the REMUS series of underwater unmanned vehicles (UUVs), […]

Source: MAREX

Published: February 5, 2020

Lakselaget Offers Scholarships to Minnesota and Norwegian Women

Category: Business News

Minnesota-based Lakselaget (Norwegian for “The Salmon Club”) will be offering scholarships for study in Norway and the US (Minnesota/North Dakota). The application deadline is March 1, 2020. Lakselaget offers scholarships to Minnesota women desiring to study in Norway and to Norwegian women wishing to study in Minnesota or at the University of North Dakota, Grand […]

Source: Lakselaget

KPMG ang. Microsoft-undersøkelse: Over halvparten av arbeidstiden er uproduktiv

Category: Business News

Det som kjennetegner de mest innovative virksomhetene i undersøkelsen «When change is the new normal», utført av Microsoft, London Business School og KRC Research, er at de lar de ansatte få mulighet til å fokusere på arbeidsoppgavene sine og legger til rette for en god arbeidsflyt. Undersøkelsen viser at mer enn halvparten av arbeidstiden til […]

Source: KPMG

Published: February 5, 2020