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Google Cloud Announces Plans for First Cloud Region in Norway
Category: Business News
Google Cloud announced that it is bringing its first cloud region to Norway to support the country’s sustainable digitization and meet growing demand for cloud services locally and around the world. The new cloud region will help bring innovations from across Google closer to our local customers and provide them with a platform that enables […]
Source: Google
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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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