NEWS

Business News

Opinion: Trust is the secret sauce that Warren Buffett and others value highly in companies

Category: Business News

For his 100th birthday last week, George P. Shultz, distinguished businessman, cabinet member and scholar, wrote an op-ed in the Washington Post reflecting on the single most important quality in American institutions and life: Trust.

Source: MarketWatch

Published: January 23, 2021


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ConocoPhillips Announces Significant Oil Discovery in the Norwegian Sea

Category: Business News

ConocoPhillips (NYSE: COP) today announced a new oil discovery in production license 891 on the Slagugle prospect located 14 miles north-northeast of the Heidrun Field in the Norwegian Sea. ConocoPhillips Skandinavia AS is operator of the license with 80 percent working interest. Pandion Energy AS is license partner with 20 percent working interest.

Source: ConocoPhilips

Published: January 23, 2021


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Update: Aon Confirms EU Antitrust Probe of Merger with Willis Towers Watson

Category: Business News

Aon plc confirmed that the European Commission (EC) has initiated a review of the company’s proposed $30 billion bid for Willis Towers Watson.

Source: Insurance Journal

Published: January 23, 2021


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Norway Is Seen Leading the Way in Post-Covid Interest Rate Hikes

Business

Category: Accounting / Financial

Norway’s central bank said it may be able to raise interest rates earlier than previously thought, reinforcing the view it will be the first among holders of the world’s major currencies to tighten policy as the economy recovers.

Source: Bloomberg

Published: January 23, 2021


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Shell and Equinor develop smart inventory management system with Microsoft Azure

Category: Business News

Building on news of the recent Strategic Alliance with Shell, Microsoft will be supporting Shell and Equinor with the co-development of the tool, which runs on Microsoft Azure.

Source: World Oil

Published: January 23, 2021


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