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President Biden Signs Executive Order to Implement the European Union-U.S. Data Privacy Framework

Category: Business News

President Biden signed an Executive Order on Enhancing Safeguards for United States Signals Intelligence Activities (E.O.) directing the steps that the United States will take to implement the U.S. commitments under the European Union-U.S. Data Privacy Framework (EU-U.S. DPF) announced by President Biden and European Commission President von der Leyen in March of 2022.  Transatlantic data flows […]

Source: The White House


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US expected to publish Privacy Shield executive order

Category: Business News

The White House is expected to publish its long-awaited executive order on transatlantic data transfers next week, according to three officials with knowledge of the matter. The order is designed to address European concerns over surveillance practices in the United States and may be signed by President Joe Biden and then published as early as October 3, one of […]

Source: Politico


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Record Norwegian North Sea oil exports to help Europe fill Russian gap

Category: Business News

(Bloomberg) — Record exports of Norway’s Johan Sverdrup crude oil are set to help meet European refineries’ needs as a deadline to phase out Russian supplies draws closer. Loadings from the huge Johan Sverdrup field in the North Sea, operated by Norway’s Equinor ASA, will rise to 587,000 barrels a day in November, according to […]

Source: WorldOil / Bloomberg


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Orkla invests in US ice cream ingredients and announces intention to seek a partner to further accelerate growth of its ingredients business

Category: Business News

Orkla Food Ingredients (“OFI”) has entered into an agreement to purchase 84% of the shares in Denali Ingredients, which is a leading ice cream ingredients business in the USA. The purchase price on a 100% and cash and debt free basis is USD 200 million, equivalent to NOK ~2.2 billion. Denali Ingredients has seen strong […]

Source: Orkla


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How Norway Plans To Stay Ahead In The Climate Tech Game

Category: Business News

Norwegian startup stakeholders met this week during Oslo Innovation Week to discuss how to scale impactful solutions and overcome bottlenecks in order to stay ahead in the climate tech game. The Oslo Innovation Week is a collaboration between public and private, startup organisations and corporates, local and global companies. The conference has since 2005 been supported by […]

Source: Forbes


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