NEWS

Business and Investment News

Relocation: Diversity as an Asset

Business

Category: Culture / Lifestyle

‘We work constantly with diversity – we are a ‘people’ company. In order to work more effectively with our customers, we mirror the diversity of our clients’ global workforce. Not only in terms of our foreign employees but also with regards to our Norwegian employees.’ says Gaute Sømme, CEO of Relocation AS. Gaute believes that […]

Source: Stavanger Chamber of Commerce


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Cheap pond hoppers: The impact of low-cost carriers

Business

Category: Airline / Travel

This summer, ultralow-cost carrier (ULCC) Norwegian Air will introduce 19 transatlantic routes, bringing its rapidly expanding number of flights between the U.S. and Europe to 43. Meanwhile, Wow, another ULCC, will make an entry into Pittsburgh and Chicago O’Hare by July, giving the Iceland-based carrier eight U.S. destinations barely two years after making Boston its […]

Source: Travel Weekly


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IBM and SAP Collaborate to Build New Infrastructure for Helse Vest in Norway

Business

Category: Education / Research

Helse Vest (the Western Norway Regional Health Authority) has entered into a $42 million contract with IBM (NYSE: IBM) and SAP to design and implement a wide-ranging finance and logistics support project. The contract value also covers OEM license maintenance.  Helse Vest is the second largest of the Norwegian regional health authorities, overseeing 50 hospitals and […]

Source: PR News Wire


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Exxon and Conoco Reiterate Support for Paris Climate Deal

Business

Category: Energy

President Donald Trump faces some unlikely opposition to the idea of pulling the U.S. out of the 2015 Paris climate accord: Exxon Mobil Corp. and ConocoPhillips, two of the world’s biggest oil producers.  Both companies reiterated their support Wednesday for the global agreement to cut greenhouse gas pollution amid reports that Trump planned to ditch […]

Source: Bloomberg


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Norway Bolsters Oil-Industry Defenses Against Foreign Takeovers

Business

Category: Defense / Security

Norway is seeking greater leeway to restrict foreign ownership of its offshore fields, a move seen to be potentially targeting a growing Russian interest in its resources. In recent proposed changes to industry regulations, the Norwegian government beefed up its possibility to reject non-European entities on grounds of national security from acquiring offshore oil and […]

Source: Bloomberg


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