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Norway’s $1 Trillion Wealth Fund Moves a Bit Closer to Oil Exit
Category: Accounting / Financial
Norway’s $1 trillion sovereign wealth fund cleared a hurdle on its proposed path to exiting oil and gas stocks. The fund won support from key academics at Norway’s top universities, whose responses are part of a hearing process. But more weight will likely be given to the opinion of an expert group, which will give its view […]
Source: Bloomberg
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Røe Isaksen lader opp før tollkamp i USA
Category: Chemicals / Metals
Amerikanske handelstiltak og president Donald Trumps varslede høyere toll på aluminium og stål står øverst på agendaen når Røe Isaksen møter den amerikanske handelsministeren Wilbur Ross torsdag. USA-reisen starter allerede mandag. Da blir det tacomiddag i New York med norske tech-bedrifter som blant annet skal diskutere etablering på østkysten eller vestkysten og hva norske myndigheter […]
Source: Hegnar.no
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Den amerikanske toppsjefen tror han kan selge 7000 Kongsberg-missiler
Category: Defense / Security
For et par måneder siden inngikk Kongsberg sin største forsvarsavtale noen gang. Selskapet skal levere fjernstyrte våpenstasjoner og tårn til Qatar for rundt 15 milliarder kroner. Nå kan det ligge an til at konsernet igjen går til topps i en konkurranse i samme skala. I løpet av de nærmeste ukene skal det avgjøres om US […]
Source: Teknisk Ukeblad
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Norway Eases Off Dipping Into World’s Biggest Piggy Bank
Category: Accounting / Financial
Norway expects to withdraw less from its giant sovereign wealth fund this year as a recovery in oil prices is boosting the country’s coffers. Western Europe’s biggest oil and gas producer is turning the page on the oil industry’s deepest downturn in at least a generation after output cuts from OPEC and others, coupled with […]
Source: Bloomberg
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AmCham Statement on US Steel and Aluminum Tariffs
Category: AmCham News
AmCham Statement on US Steel and Aluminum Tariffs May 2018 The American Chamber of Commerce of Norway regrets the decision of the US authorities to not temporarily exempt Norway from tariffs and limits on imports of steel and aluminum. It is a destabilizing move, which is creating uncertainty for companies operating globally and could have […]
Source: AmCham
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