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Bloomberg: Norway’s Wealth Fund Surges $84 Billion in First Quarter
Category: Business News
Norway’s $1 trillion wealth fund gained $84 billion in the first quarter, or $16,000 per citizen, after it took advantage of a market sell-off late last year to build its massive portfolio. Return was 9.1 percent, or 738 billion kroner ($84 billion) Stocks rose 12.2 percent, bonds 2.9 percent and real estate 1.7 percent Fund […]
Source: Bloomberg
Published: May 5, 2019
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SSB: Tax statistics for personal tax payers
Category: Business News
The statistics for personal taxpayers give an overview of taxable income, income deductions and taxable assets, as well as taxes and tax allowances for people with a tax obligation in Norway. The statistics are based on data from the Norwegian Tax Administration. Click HERE to see the updated statistics.
Source: SSB
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Pressemelding: Yara og IBM samarbeider om fremtidens landbruk
Category: Business News
Oslo, Norge og Armonk, N.Y., 26. april, 2019: Yara International (OSE: YAR), et ledende globalt gjødselselskap, og IBM (NYSE: IBM), kunngjorde i dag en avtale om å bygge en global digital landbruksplattform, og å tilby helhetlige digitale tjenester og agronomisk rådgivning. De to selskapene vil sammen bidra til å øke den globale matproduksjonen ved å […]
Source: Mynewsdesk
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Press Release: TechnipFMC Awarded a Significant Integrated EPCI (iEPCI™) Contract for the ConocoPhillips TOR II Development
Category: Business News
LONDON & PARIS & HOUSTON–(BUSINESS WIRE)– TechnipFMC (Paris:FTI) (NYSE:FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from ConocoPhillips for the TOR II development, located in the Norwegian sector of the North Sea at a water depth of 80 meters. This contract covers the delivery and installation of a subsea production […]
Source: TechnipFMC
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Reuters: Norway’s wealth fund extends ownership of New York real estate
Category: Business News
Norway’s sovereign wealth fund will pay about $98 million dollars to extend the term of its ownership in a portfolio of New York properties and to acquire a few new, the fund said on Wednesday. “The partnership between Norges Bank Investment Management (NBIM), Trinity Church Wall Street and Hines has extended the remaining 72-year ownership […]
Source: Reuters
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