NEWS

The Norwegian American: Norwegian biotech startup fights children’s bleeding disorder

Category: Business News

There is a lot of activity in the health sector in Norway. One example is the recent startup Prophylix Pharma that is developing a medicine to combat a bleeding disorder in infants that is often fatal. The company’s concept was just bought by the American company, Rallybio, in Farmington, Conn. This was made possible by a recent […]

Source: The Norwegian American

US Chamber, Google Partner on Report Growing Small Business Exports: How Technology Strengthens American Trade

Category: Business News

Small business exports currently account for $541 billion and nearly six million jobs in the United States. However, small businesses face several barriers to exporting, primarily foreign regulations, tariffs and customs procedures, and payment collection issues. 73% of small businesses are not aware of digital resources that can help them reach customers around the world. […]

Source: americaninovators.com

Regjeringen: Første høring i Norges WTO-sak mot USA om stål og aluminium

Category: Business News

Et tvisteløsningspanel i WTO starter i dag første høringsmøte i stål- og aluminiumssaken mot USA. Norge innledet i juni 2018 tvistesak mot USA om tilleggstoll på visse stål- og aluminiumsprodukter i Verdens handelsorganisasjon (WTO). Vi mener tilleggstollen er i strid med WTO-regelverket. WTOs tvisteløsningsorgan opprettet i november 2018 et panel som skal vurdere saken, og […]

Source: Regjeringen.no

Published: November 6, 2019

Equinor: Oil and gas discovery in the North Sea

Category: Business News

Equinor and partners ExxonMobil, Idemitsu and Neptune have discovered oil and gas in exploration well Echino South, 35/11-23, by the Fram field in the North Sea. Recoverable resources are estimated at 6-16 million standard cubic metres of oil equivalent, corresponding to 38-100 million barrels of oil equivalent. “We are making one of this year’s biggest […]

Source: Equinor

Published: November 6, 2019

Bloomberg: Norwegian Workers Lash Out Against Oil Shame

Category: Business News

Ole Lie, a drilling supervisor who’s worked for Norway’s oil giant Equinor ASA since the 1990s, is feeling unloved as many are starting to turn their backs on an industry that’s made the Nordic country one of the richest on Earth. “I feel stabbed in the back,” said Lie, 54, who works on the Gullfaks C platform […]

Source: Bloomberg