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Business News

How Oslo Learned to Fight Climate Change

Category: Business News

In September of 2019, roughly a dozen workers in Oslo, Norway, broke ground on the world’s first zero-emission construction site. They were widening a busy street into a pedestrian zone, using powerful machinery to break and lift slabs of asphalt. But the equipment was so quiet that nearby cafés and restaurants kept their front doors […]

Source: The New Yorker


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Extending contracts for drilling and specialist services worth NOK 20 billion

Category: Business News

Equinor is extending its contracts with Baker Hughes Norge, Halliburton AS and Schlumberger Norge AS for integrated drilling and well services on Equinor-operated fields on the Norwegian continental shelf (NCS). At the same time the company is extending its contracts for additional services with the same companies and 13 other suppliers. The contracts will apply […]

Source: Equinor


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Norway keeps rates on hold, remains on track for June hike

Category: Business News

OSLO, May 5 (Reuters) – Norway’s central bank kept interest rates on hold on Thursday as widely expected and restated its plan to raise the cost of borrowing in June amid rapidly rising inflation. Norges Bank’s monetary policy committee unanimously agreed to keep the rate steady at 0.75%, as predicted by a Reuters poll of […]

Source: Reuters


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Norse Atlantic Airways launches ticket sales between Norway and the United States

Business

Category: Airline / Travel

Norse Atlantic Airways has opened ticket sales for flights between Norway and the United States with the full launch of www.flynorse.com. This marks a milestone for the company and heralds a new era for consumers seeking good value, choice and friendly service when choosing to travel across the Atlantic.   Fares will start from an unprecedented […]

Source: Norse Atlantic Airways


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Privacy Shield 2.0: More Than “Lipstick on a Pig”

Category: Business News

The US and EU have announced a new privacy accord to guarantee transatlantic data flows. With political will and judicial common sense, it can succeed. A new Data Privacy Review Court should provide sufficient “democratic controls” over US government access to Europeans’ data.  Privacy activist Max Schrems successfully convinced the European Court of Justice that […]

Source: CEPA


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