NEWS

Politics

A new ‘electric highway’ is going to connect Europe from Norway to Italy

Business

Category: Automobile / Transport

A few days after announcing its massive electric vehicle charging infrastructure expansion, European electric utility E.ON elaborated on its actual plan to rollout charging stations across Europe – including an ‘electric highway’ of ‘ultra-fast charging stations’ that will connect Norway to Italy. Aside from the announcement that they will have as many as 10,000 charge points by 2020 […]

Source: Elctrek


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Norway Oil Bosses Insist End Isn’t Nigh After $35 Billion Shock

Business

Category: Energy

Can Norway dump $35 billion in oil and gas investments, and simultaneously convince that same industry to throw money into the country’s own fossil-fuel future? After the initial shock of learning that Norway’s $1 trillion wealth fund wants nothing to do with it, the petroleum industry says both are in fact possible.  But the mood is shifting. […]

Source: Bloomberg


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The gaping US trade gap: A sign of weakness? Not necessarily

Business

Category: Government

President Donald Trump ripped into one of his favorite targets Thursday in Beijing: The United States’ “shockingly” large trade deficit with China. “I blame past administrations,” Trump declared, “for allowing this out-of-control deficit to take place and grow.” America’s lopsided trade relationship with China and with the rest of the world is a familiar theme for Trump […]

Source: ABC News


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U.S. Block of WTO Appeals Body Compromises System, Director Says

Business

Category: Government

The Trump administration’s decision to block new appointments to the World Trade Organization’s appellate body is compromising the ability of the system to resolve disputes, according to WTO Director-General Roberto Azevedo.  Speaking in Vietnam on the sidelines of Asia-Pacific Economic Cooperation forum meetings, Azevedo called for a quick resolution to the dispute, saying it was already impacting the […]

Source: Bloomberg


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Little-Known Oslo-Based Discounter Is Disrupting Big Airlines’ Profit Model

Business

Category: Airline / Travel

A foreign airline you have likely never heard of was just awarded the highest honor bestowed by an aviation industry website you probably didn’t know existed ― and it’s an honest-to-goodness big deal for the tens of millions of Americans who fly to Europe each year and, potentially, for the even larger number who in […]

Source: Forbes


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