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Hydro opens new aluminium recycling plant in Cassopolis, Michigan

Category: Business News

On November 16, Hydro opened the Cassopolis plant in the U.S., 18 months after breaking ground at the site. The USD 150 million Michigan plant will produce 120,000 metric tonnes of recycled aluminium annually. Hydro is now producing aluminium with the lowest carbon footprint in North America. “With the U.S. experiencing a manufacturing renaissance, this […]

Source: Hydro


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New IBM Study Explores the Changing Role of Leadership as Businesses in Europe Embrace Generative AI

Category: Business News

– IBM launches new European study of 1600+ senior leaders and C-level executives to explore how leadership is changing in the age of AI – 82% of leaders surveyed have already deployed generative AI or intend to deploy generative AI in the next year, driven primarily by pressure from employees, management, and investors – 96% […]

Source: IBM Newsroom


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What is Coming for Outbound Investment Screening?

Category: Business News

In this second article of our three-part series on outbound investment screening, we explore the outbound investment screening proposals from both the United States and the European Union and their future effects on Nordic companies. US Outbound Investment Screening Regulations Turning our attention first to the US outbound investment screening, we find that the US […]

Source: Sanctions Advisory


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Transforming for good – Top 10 Takeaways from Philip Morris International’s Integrated Report 2022

Category: Business News

Find out how Philip Morris International is making progress toward achieving its purpose and get detailed information about its strategic vision, performance, governance, and value creation. PMI’s sustainability materiality assessment is the foundation of its sustainability strategy—it allows PMI to identify, assess, and prioritize ESG topics. In line with the principles of double materiality,the concept […]

Source: Reuters


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Norway wealth fund CEO says it is using AI to deploy capital

Category: Business News

NEW YORK, Nov 8 (Reuters) – Norway’s $1.4 trillion sovereign wealth fund is using artificial intelligence to help manage its investments, its CEO Nicolai Tangen said in an interview at the Reuters NEXT conference in New York. The fund invests the Norwegian state’s revenues from oil and gas production in equities, bonds, property and renewable […]

Source: Reuters


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