Norway home to world’s first floating wind turbine
The Norwegian-based energy giant, Statoil, has opened the lines on the world’s first floating wind turbine off the coast of Norway. The water-based su...
Business
Information and news on Business and Finance related issues
NFL partners with Nordic Internet marketing company
The Internet marketing agency Nordic eMarketing has entered a very successful partnership with the American National Football League (NFL).
IT Factory’s Bagger found guilty of fraud
The saga of Stein Bagger, the disgraced ex-CEO of the defunct IT Factory, has finally come to a close as a Danish court found him guilty on 61 counts ...
Sweden ready for world’s first permanent nuclear waste dump
Half a kilometre beneath the Swedish town of Oskarshamn is the Aespoe Hard Rock Laboratory, an underground maze of tunnels running four kilometres thr...
Norway’s StatoilHydro and Russia’s Gazprom reach agreement
A Memorandum of Understanding has been signed by StatoilHydro’s President and CEO Helge Lund and Gazprom’s Management Committee Chairman Alexei Miller...
Norway claims overfishing in Barents Sea greatly reduced
Illegal fishing activity in the Barents Sea appears to have been greatly reduced thanks to the joint efforts of the Norwegian and Russian governments....
Finnair could trim up to 1,200 jobs
Like most airlines around the world, Finnair is struggling to find ways to cut costs as the number of global air travellers continues to slump. The Fi...
Central Bank of Iceland policy rate lowered
The Monetary Policy Committee has decided to lower the Central Bank of Iceland’s policy rate by 100 basis points to 12.0 percent. Overnight lend...