NEWS

Forbes GLOBAL 2000 – How The World’s Biggest Public Companies Endured The Pandemic

Category: Business News

World business leaders faced impossible decisions a year ago. Initiate layoffs, or wait for government money? Pay rent, or meet payroll? Which factories do we mothball first? How do we liquidate all this inventory? Chapter 11 now or later? Yet even as airlines and retailers collapsed, oil prices plunged below zero and death counts soared […]

Source: Forbes

Statement by Secretary Antony J. Blinken on May 17

Category: Business News

On behalf of the Government of the United States of America, I congratulate the people of Norway as you celebrate the 207th anniversary of Constitution Day. The United States and Norway share a strong commitment to global peace, economic development, human rights, and democratic values. As NATO Allies, we are bolstering our collective defense capabilities […]

Source: US Embassy in Norway

How an Oil Company Becomes a Renewables Company

Category: Business News

There are energy-transition commitments, though, and then there are energy-transition results. And on the latter side, one company shines: Norway’s state-owned oil producer, Equinor ASA. It posted more than $2.6 billion of earnings in the first quarter of 2021, 49% of which was from renewable energy. Last quarter, Equinor earned more from renewables than it did from oil and gas exploration and production.

Source: Bloomberg

Published: June 5, 2021

Patentrettigheter på koronavaksiner: Positive signaler fra USA

Category: Business News

– Det er veldig positivt at USA nå signaliserer at de vil engasjere seg for å finne en løsning i forbindelse med patentrettigheter på koronavaksiner som er mindre vidtrekkende enn forslaget som opprinnelig lå på bordet, og som det var stor uenighet om, sier utenriksminister Ine Eriksen Søreide – Norge har hele tiden arbeidet for […]

Source: Regjeringen.no

Published: May 5, 2021

Policy rate unchanged at zero percent

Category: Business News

Norges Bank’s Monetary Policy and Financial Stability Committee has unanimously decided to keep the policy rate unchanged at zero percent. In Monetary Policy Report 1/21, which was published on 18 March, the policy rate forecast indicated a gradual rise from the latter half of 2021. Economic developments have been largely in line with the projections in the […]

Source: Norges Bank

Published: May 6, 2021