Norway Financial News

Yemen’s Houthi rebels likely fired an Iranian-made anti-ship cruise missile at a Norwegian-flagged tanker in the Red Sea in December, an assault that now provides a public, evidence-based link between the ongoing rebel campaign against shipping and Tehran

Goyal Wednesday said the four-member European nation bloc European Free Trade Association (EFTA) is keen to invest in India and the domestic industry should take advantage of that opportunity. Goyal, who is visiting Switzerland on Sunday to take forward the EFTA commitments, said that this $100 billion commitment is for foreign direct investments and not portfolio investments. Iceland, Liechtenstein, Norway, and Switzerland comprise the EFTA. In March, India and EFTA signed a free trade agreement under which New Delhi received an investment commitment of $100 billion in 15 years from the grouping while allowing several products such as Swiss watches, chocolates and cut and polished diamonds at lower or zero duties.

investing $300 million to acquire a majority stake in renewable energy (RE) firm Fourth Partner Energy, two people aware of the development said.

Kochi: The Udupi Cochin Shipyard Limited (UCSL), a wholly owned subsidiary of the Cochin Shipyard Limited (CSL), has bagged a Rs 1,100 crore-worth international order for eight 6300 TDW dry cargo vessels. CSL said it has won an international order from Wilson ASA, Norway, for the design and construction of four 6,300 TDW dry cargo vessels. «An agreement has also been entered into for an additional four vessels of the same type, which will be formally contracted within September 19, 2024,» a CSL release said. CSL said the new order was a continuation of the contract awarded in June 2023 for the design and construction of six 3800 TDW dry cargo vessels, which are now at advanced levels of construction at the yard at Udupi in Karnataka.

Also Read- Titan share price in focus as stock trades ex-dividend today. Details hereDr.

Greenko Group is in talks with state-run power financier REC to raise funds for its green hydrogen and green ammonia project of 600 MW capacity, said two people close to the development. Greenko is looking to secure ₹2,200-2,400 crore from REC. Upon achieving financial closure, the company will enter into firm and definitive agreements with the lender, one of the persons said. The project has an offtake agreement with Norway's Yara and received pre-certification for ammonia. An offtake agreement is a contract to buy or sell goods in advance of production, which will facilitate financing for the project. Greenko has signed a term sheet with Yara Clean Ammonia in May this year, the trader and distributor of ammonia, for the supply of renewable ammonia from Phase 1 of AM Green's ammonia production facility in Kakinada, Andhra Pradesh.

Foreign and Commonwealth Office (FCO) has issued a warning after more than 14 cases of meningococcal disease were detected in those who were returning from Saudi Arabia after undertaking the Umrah pilgrimage. The Travel Health Pro website which is supported by the FCO listed down these cases and revealed that as of June 21, a total of 5 such cases were reported from the US, four in France, three in the UK and one each in Norway and in the Netherlands. The situation is being monitored by the health authorities in the UK. Invasive meningococcal disease is a significant cause of meningitis and septicaemia. It is a bacterial infection which results in the death in one among ten cases.

The Norwegian government has signed a deal to start stockpiling grain, saying the COVID-19 pandemic, a war in Europe and climate change have made it necessary

Mint. An email sent to Khaitan seeking comment went unanswered. Shareholders at other large Indian companies have also been voicing their displeasure in recent times, such as when Wipro sought to award former chief executive Thierry Delaporte a ₹36 crore cash severance last month.

Cruise lines are the perfect examples of a luxurious travel while getting the complete feel of a luxurious hotel's comfort and delicacies. They offer you some of the best on-sea experiences and try to make every moment of yours extremely memorable, whether you are travelling with your partner, friends or family. However, the biggest challenge for people in the US is choosing the perfect cruise line for the next vacation, in case you are planning for this summer. There are an array of deals and experiences being offered by multiple cruise lines, making it incredibly tough for you to choose the best one that suits your needs.

rate decision from the Bank of England (BoE) later in the day, while the dollar was on the back foot as it awaited fresh market catalysts. Currencies were trading in tight ranges following a holiday in the United States and as investors looked not only to the BoE but also central bank decisions in Switzerland and Norway.

Asian stocks took a breather on Thursday, hovering near their highest in two years as traders waited for more U.S. policy clues, while sterling was steady before a Bank of England meeting where rates are expected to remain unchanged. Apart from the BoE, investors will also watch out for central bank decisions from Switzerland and Norway on Thursday to set the tone for global rates outlook.

Central bank decisions in Britain, Switzerland and Norway are expected to provide more evidence that the global rate cutting dash is slowing to a crawl, while retail sales data from the United States and China will provide a consumer health check. A supply crisis puts cocoa markets in the spotlight and Europe gears up for a summer of sports with the Euros 2024 tournament kicking off in Germany.

Meta Platforms will not launch its artificial intelligence assistant Meta AI in Europe for now following a request from the Irish privacy regulator on user data harnessed from Facebook and Instagram, the U.S. social media company said on Friday. The move by Meta came after complaints and a call by advocacy group NOYB to data protection authorities in Austria, Belgium, France, Germany, Greece, Italy, Ireland, the Netherlands, Norway, Poland and Spain to act against the company.

Musk's long-term commitment to Tesla amidst ongoing legal challenges. Notably, the vote comes amidst a backdrop of shareholder concerns and legal disputes surrounding the initial 2018 pay package, recently invalidated by a Delaware court.

Stocks that traded heavily or had substantial price changes on Monday: CrowdStrike, KKR rise; Huntington Bancshares, Tesla fall

Norway’s sovereign wealth fund managed by Norges Bank Investment Management said Saturday it will vote against Elon Musk’s hefty CEO compensation package during Tesla’s annual meeting on Thursday

Masdar Energy of the UAE, Singapore's Sembcorp, JSW Energy, Torrent Power, Sekura Energy and ONGC, have submitted non-binding bids to acquire 760 MW of operational assets in India that have been put on the block by Italy's Enel Group, said people aware of the development.

Anand Mahindra shared a video of R Praggnanandhaa with the caption, «Now, it was the world #2 in the bag...»

Norway Chess competition.“Incredible Praggnanandhaa! Beating both World No.1 Magnus Carlsen and No.2 Fabiano Caruana in classical chess at #NorwayChess is mindblowing. You’re on a roll and still just 18! Keep the tricolour flying high.

chess sensation R Pragananadhaa continued with his dominating ways in the ongoing Norway Chess competition as he defeated the world number two player Fabiano Caruana in round five in a classical chess game on Saturday night.