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Intensifying Negotiations on Transatlantic Data Privacy Flows

Category: Business News

On March 25, 2021, EU Commissioner for Justice, Didier Reynders, and U.S. Secretary of Commerce, Gina Raimondo, made the following statement regarding the negotiations on transatlantic data privacy flows: “The U.S. Government and the European Commission have decided to intensify negotiations on an enhanced EU-U.S. Privacy Shield framework to comply with the July 16, 2020 judgment of […]

Source: The European Commission


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Biden Administration Launches Major Push to Expand Offshore Wind Power

Category: Business News

The White House on Monday detailed an ambitious plan to expand wind farms along the East Coast and jump-start the country’s nascent offshore wind industry, saying it hoped to trigger a massive clean-energy effort in the fight against climate change. The plan would generate 30 gigawatts of offshore wind power by the end of the […]

Source: The Washington Post


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Laerdal Million Lives Fund Raises $100M To Target Health Care Access, Education Startups

Category: Business News

The Laerdal Million Lives Fund launched a new $100 million venture capital fund Tuesday that will invest in commercial-stage companies focused on expanding health care access and education. The fund was established by the Laerdal family and its operating companies, primarily Laerdal Medical and Laerdal Global Health, which has a global impact goal of saving over 1 million lives […]

Source: Crunchbase


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KONGSBERG Signs Agreement Worth 1.7 Billion NOK for Deliveries to F-35 Joint Strike Fighter

Category: Business News

Kongsberg Defence & Aerospace AS (KONGSBERG) has signed a new agreement with Lockheed Martin Aeronautics (LMA) worth 1.750 MNOK for the F-35 Joint Strike Fighter program production lots 15-17. The agreement includes delivery of the F-35 Rudders, Vertical Leading Edges and Main Landing Gear Closeout panels for more than 500 aircraft. Production of these mission […]

Source: Kongsberg Defence & Aerospace


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Leading Oil and Gas CEOs Fall in With Biden’s Climate Change Campaign

Category: Business News

Chief executives of some of the largest U.S. oil companies promised to collaborate with the Biden administration in its campaign against climate change during a meeting Monday with White House National Climate Adviser Gina McCarthy. The oil industry leaders pledged support for federal regulations explicitly limiting emissions of methane from wells and other oilfield equipment […]

Source: World Oil


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