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Bloomberg: NASA Says Metals Fraud Caused $700 Million Satellite Failure
Category: Business News
A metals manufacturer faked test results and provided faulty materials to NASA, causing more than $700 million in losses and two failed satellite launch missions, according to an investigation by the U.S. space agency. The fraud involved an Oregon company called Sapa Profiles Inc., which falsified thousands of certifications for aluminum parts over 19 years […]
Source: Bloomberg
Published: May 1, 2019
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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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