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3 weeks ago | 
bloomberg.com | Stephen Treloar
Norway’s seafood exports to the US surged 56% in the first quarter in advance of President Donald Trump imposing the steepest American tariffs in a century. Sales to the US made up about 11% of the 44 billion kroner ($4.2 billion) of seafood exported out of Norway in the first three months of the year — a record for that period, the Norwegian Seafood Council said in a statement on Thursday.
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3 weeks ago | 
news.bloomberglaw.com | Stephen Treloar
Nel Hydrogen US, a subsidiary of Nel, receives a purchase order for PEM electrolyzer stacks for about $6m from Collins Aerospace to be used by the US Navy to produce oxygen for critical life support onboard submarines.
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1 month ago | 
bloomberg.com | Stephen Treloar
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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1 month ago | 
ca.finance.yahoo.com | Stephen Treloar
(Bloomberg) -- Norges Bank decided to renew Nicolai Tangen’s term as chief executive of Norges Bank Investment Management after his first period comes to an end later this year.
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1 month ago | 
bloomberg.com | Stephen Treloar
The number of farmed salmon in Norway that died before harvesting declined last year, retreating from an all-time high. The Nordic nation’s salmon farming industry makes up more than half of global supply, benefiting from favorable conditions along its fjords and coastline that are difficult to replicate elsewhere. Production growth in the salmon farming industry is limited as biological boundaries are reached.
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1 month ago | 
news.bloombergtax.com | Stephen Treloar
Norwegian shipping billionaire John Fredriksen sold his 41% stake in Golden Ocean for $1.2 billion, exiting the dry bulk shipping company that he spun off from Frontline Plc more than two decades ago. Fredriksen-controlled Hemen Holding Limited sold 81.4 million shares to CMB.Tech, the Oslo-based company said in a statement. The transaction won’t trigger a mandatory takeover bid or similar offer, it said.
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1 month ago | 
news.bloomberglaw.com | Stephen Treloar
Norwegian shipping billionaire John Fredriksen sold his 41% stake in Golden Ocean for $1.2 billion, exiting the dry bulk shipping company that he spun off from Frontline Plc more than two decades ago. Fredriksen-controlled Hemen Holding Limited sold 81.4 million shares to CMB.Tech, the Oslo-based company said in a statement. The transaction won’t trigger a mandatory takeover bid or similar offer, it said.
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1 month ago | 
bloomberg.com | Stephen Treloar
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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2 months ago | 
bloomberg.com | Kari Lundgren |Stephen Treloar
Norges Bank received 82 applications for the job to run Norway’s $1.8 trillion sovereign wealth fund, as current chief Nicolai Tangen’s first period comes to an end. Tangen, 58, who is approaching the end of his first five-year term, reapplied for the position along with a slew of other applicants with backgrounds ranging from asset management to electricians and environmental campaigners, according to a list obtained from the central bank.
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2 months ago | 
fa-mag.com | Lisa Abramowicz |Jonathan Ferro |Stephen Treloar
Norway’s sovereign wealth fund was underweight on U.S. tech stocks last year, a move that hit 2024 returns but may have helped it weather recent turmoil caused by the challenge posed by Chinese artificial intelligence startup DeepSeek. Although technology stocks such as including Apple Inc., Microsoft Corp. and NVIDIA Corp. accounted for nine out of its ten largest holdings, the sector was underrepresented compared to its benchmark portfolio.
