NEWS

Trade

Norway wealth fund calls for independence, expertise on company boards

Category: Business News

Norway’s $970-billion sovereign wealth fund, the world’s largest, will ask the 9,000 companies in which it invests to ensure their board members have sufficient independence and expertise, it said in a series of policy papers on Friday. Directors should also ensure they have sufficient time to fulfil their obligations on the boards which they serve, […]

Source: Reuters


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Norway Stays the Course for Another Rate Increase in Early 2019

Business

Category: Financial / Investment

Norway’s central bank kept its key interest rate unchanged and reiterated its intention to tighten again early next year as policy makers proceed cautiously in unwinding the record stimulus unleashed over the past years. Norges Bank on Thursday held its benchmark at 0.75 percent, as anticipated by all analysts surveyed by Bloomberg. The krone traded […]

Source: Bloomberg


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Konkurransetilsynet: Hemmelighold gir mer medisin for pengene

Business

Category: Government

Ut fra et konkurransefaglig ståsted er det flere momenter som taler for at hemmelighold er til det beste for pasientene. Av Kurt Brekke, sjeføkonom i Konkurransetilsynet. Det har vært mye debatt om hemmelige priser på legemidler etter at BT i slutten av april skrev om at myndighetene bestemte at medisinkjøp til 20 milliarder kroner kan […]

Source: Konkurransetilsynet


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The US Returns to No. 1 in Global Competitiveness – Norway Drops to 16th

Business

Category: Trade

The United States is the most globally competitive nation in the world for the first time since the 2008-2009 global financial crisis, according to a new report. Singapore, Germany, Switzerland, and Japan rounded out the top five. The latest Global Competitiveness Report, conducted by the World Economic Forum, uses a new methodology that aims to better […]

Source: Forbes


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Ambassador Aas: World Must Strengthen, Not Abandon, Multilateral Trading System

Business

Category: Government

This month, the World Trade Organization (WTO) is hosting its annual Public Forum, a three-day marathon of open discussion on the latest developments in global trade. As many as 1,500 participants from governments, civil society, business and academia will explore ways to strengthen the rules-based system that has guided international trade for more than 70 years. […]

Source: Washington Diplomat


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