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U.S. Marine Corps Awards Production Contract to Kongsberg for C-UAS Capability
Category: Business News
JOHNSTOWN, Penn. — The U.S. Marine Corps has awarded a production contract to Kongsberg Protech Systems USA to deliver remote weapon systems (RWS) as part of the Marine Air Defense Integrated System (MADIS) program, the company said Oct. 5. The indefinite delivery / indefinite quantity contract has a ceiling of $94 million and includes a […]
Source: Sea Power Magazine
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With Help From Tesla, Nearly 80% of Norway’s New Car Sales Are Electric
Category: Automobile / Transport
OSLO, Oct 1 (Reuters) – Demand for Tesla Inc’s (TSLA.O) mid-sized models helped push up electric car sales in Norway to nearly 80% of total car sales last month, data showed on Friday. The country has been a global leader in switching to electric vehicles and seeks to become the first to end the sale of petrol […]
Source: Reuters
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Entry Restrictions Will be Gradually Lifted
Category: Business News
In ‘A normal everyday life with increased emergency preparedness’, the Norwegian Government will remove entry restrictions in three phases. Phase 1 will begin on Saturday 25 September at 4 pm. From then, all EEA nationals, including people from other countries who reside in the EEA, may enter Norway. The same applies to people who live […]
Source: Regjeringen.no
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Norway to End Coronavirus-related Restrictions on September 25, 2021
Category: Business News
OSLO (Reuters) -Norway will reopen society on Saturday, the government said, ending its coronavirus-curbing restrictions, which have limited social interaction and hobbled many businesses. The Nordic nation joins a small but growing number of countries, including Denmark and Britain, which have removed all domestic restrictions limiting the spread of the coronavirus. “It is 561 days […]
Source: Reuters
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FOREX-Norway’s Crown Leads Charge vs. U.S. Dollar After Cbank Rate Hike
Category: Business News
Norway’s crown led currencies against a struggling dollar on Thursday after the Norges Bank became the first central bank in the developed world to raise interest rates in the post-pandemic era. Norway’s decision to hike interest rates a quarter of a percentage point to 0.25% overshadowed a decision by the Federal Reserve to start tapering […]
Source: Reuters
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