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6.8M US Jobs Directly supported by majority foreign-owned firms

Business

Category: Financial / Investment

Statistics detailing the activities of U.S. affiliates of foreign multinational enterprises (MNEs) are now available from the U.S. Bureau of Economic Analysis.  The statistics, which provide new data for 2015, as well as revised data for 2014, offer details on the activities of U.S. affiliates of foreign MNEs, including their employment and compensation, sales, value added, capital […]

Source: https://blog.bea.gov/2017/08/16/statistics-on-the-activities-of-u-s-affiliates-of-foreign-multinational-enterprises-now-available-for-2015-revised-data-available-for-2014/


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Record-sized data centre planned in Norway

Business

Category: Financial / Investment

Plans to build the world’s “largest” data centre are being made public. The facility is set to be created at the Norwegian town of Ballangen, which is located inside the Arctic Circle. The firm behind the project, Kolos, says the chilled air and abundant hydropower available locally would help it keep its energy costs down. […]

Source: BBC


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Innovasjonsprisen til Thermo Fisher

Business

Category: Health

Thermo Fisher Scientific er tildelt Forskningsrådets innovasjonspris for 2017. Prisen ble overrakt av næringsminister Monica Mæland i Arendal kulturhus i dag. Thermo Fisher får prisen for å ha utviklet en helt ny variant av sitt produkt, som muliggjør rask og effektiv analyse av menneskelige gener og dermed bedre diagnostikk og behandling. Dette har de gjort […]

Source: LMI


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Nail-Biter Brewing in Norway Election as Labor Party Stumbles

Business

Category: Government

The decline in support for Norway’s largest party is turning next month’s parliamentary election into a tight race that could see smaller and more extremist factions emerge as kingmakers. Opposition Labor — Norway’s biggest political party since 1927 — is polling at 27.1 percent, the lowest since 2013, according to an NRK Norstat poll. If that […]

Source: Bloomberg


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Big Oil Dangles $19 Billion in Investments for Norway Tax Breaks

Business

Category: Energy

Norway’s oil industry says it has some major investments in store if the government can just come through with some tax incentives. It’s still hoping for tax breaks to encourage recovery of oil from older fields. Those failedto materialize over the past four years even as the industry went through its worst investment collapse in a generation. As […]

Source: https://www.bloomberg.com/news/articles/2017-08-13/big-oil-dangles-19-billion-in-investments-for-norway-tax-breaks


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