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WTO members say U.S. actions threaten trade body’s credibility
Category: Government
Nearly 50 countries expressed concern on Tuesday about the “serious threat” to the World Trade Organisation posed by unilateral trade actions, a pointed reference to U.S. import tariffs that have caused a global outcry. Delivering concluding remarks after a two-day informal meeting of the WTO members in New Delhi, Indian Trade Minister Suresh Prabhu did […]
Source: Reuters
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U.S. Department of Commerce Announces Steel and Aluminum Tariff Exclusion Process
Category: Chemicals / Metals
Today, the U.S. Department of Commerce announced its procedures for excluding products from the recently announced tariffs on steel and aluminum product imports. As directed by President Trump, the Department will publish the procedures in the Federal Register and will start accepting exclusion requests from U.S. industry on Monday, March 19, 2018, at 8:45 AM. […]
Source: Department of Commerce
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Favourable growth in the Norwegian economy
Category: Financial / Investment
Economic growth is likely to pick up further over the next two years, and will already this year be above trend. Labour market conditions are set to improve further. Economic activity in Norway is on a rising path and the fall in unemployment continues. Growth is broad-based. Private consumption is going up and businesses are […]
Source: Regjeringen
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Statoil ASA, Norway’s biggest petroleum company, will change its name to Equinor
Category: Energy
Statoil ASA, Norway’s biggest petroleum company, will change its name to Equinor as it seeks to broaden its energy reach beyond oil and gas production. “The world is changing, and so is Statoil,” said Chairman Jon Erik Reinhardsen in a statement. “The biggest transition our modern-day energy systems have ever seen is underway, and we […]
Source: Bloomberg
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Oil and Gas Leaders Warn Trump He Risks Harming Their Industry
Category: Energy
President Donald Trump disagreed with executives of major oil and gas companies Thursday about the importance of keeping binding dispute settlement procedures in a renegotiated North American Free Trade Agreement, according to a person familiar with the discussion. Trump told roughly a dozen of the oil and gas industry leaders at a White House meeting that he […]
Source: Bloomberg
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