NEWS

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Favourable growth in the Norwegian economy

Business

Category: Financial / Investment

Economic growth is likely to pick up further over the next two years, and will already this year be above trend. Labour market conditions are set to improve further. Economic activity in Norway is on a rising path and the fall in unemployment continues. Growth is broad-based. Private consumption is going up and businesses are […]

Source: Regjeringen


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Statoil ASA, Norway’s biggest petroleum company, will change its name to Equinor

Business

Category: Energy

Statoil ASA, Norway’s biggest petroleum company, will change its name to Equinor as it seeks to broaden its energy reach beyond oil and gas production. “The world is changing, and so is Statoil,” said Chairman Jon Erik Reinhardsen in a statement. “The biggest transition our modern-day energy systems have ever seen is underway, and we […]

Source: Bloomberg


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Oil and Gas Leaders Warn Trump He Risks Harming Their Industry

Business

Category: Energy

President Donald Trump disagreed with executives of major oil and gas companies Thursday about the importance of keeping binding dispute settlement procedures in a renegotiated North American Free Trade Agreement, according to a person familiar with the discussion. Trump told roughly a dozen of the oil and gas industry leaders at a White House meeting that he […]

Source: Bloomberg


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IRS Announces End To Offshore Voluntary Disclosure Program

Business

Category: Accounting / Financial

The Internal Revenue Service (IRS) has announced that Offshore Voluntary Disclosure Program (OVDP) is coming to a close. The program, which has been around in its current form since 2014, will officially end on September 28, 2018. That gives taxpayers a little over six months to come forward with previously undisclosed foreign financial assets. “Taxpayers have had […]

Source: Forbes


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AmCham EU: The 2018 Transatlantic Conference

Business

Category: Trade

No two other regions in the world are as deeply integrated as the EU and the US.  The transatlantic economy is responsible for €5.2 trillion total commercial sales, and employs 15 million workers on both sides of the Atlantic. A strong, vibrant EU-US relationship delivers growth and stability for our businesses and citizens. The Transatlantic Economy Report 2018 presents the most up-to-date facts and […]

Source: AmCham EU


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