Category: Business

Norway’s $1-Trillion Wealth Fund Seeks to Lower Exposure to Oil, Gas

Norway’s $1-Trillion Wealth Fund Seeks to Lower Exposure to Oil, Gas © REUTERS/ Nerijus Adomaitis/File PhotoBusiness20:26 21.11.2017(updated 20:36 21.11.2017) Get short URL110120 Norway’s central bank proposes to divest the Government Pension Fund Global (GPFG) – the world’s largest sovereign wealth fund – to divest from oil and gas due to the low return-on-investment (ROI). Kristian […]

Closer Than Canada, Bigger Than Norway: The Optimism of UK Brexit Minister

Closer Than Canada, Bigger Than Norway: The Optimism of UK Brexit Minister © AP Photo/ Philip ToscanoEurope16:07 21.11.2017Get short URL 0 32601 Brexit minister David Davis told a conference of business leaders that the UK is prepared for “no deal” with the European Union. David Davis, the UK’s Secretary of State for Exiting the European Union, on Tuesday, November […]

UK Parliament Tells Gig Economy Bosses ‘Pay Your Workers or Else!’

UK Parliament Tells Gig Economy Bosses ‘Pay Your Workers or Else!’ © REUTERS/ Simon DawsonBusiness16:55 20.11.2017(updated 17:04 20.11.2017) Get short URL 0 11610 UK Parliamentary Committees have recommended tougher action on apps providing insecure work as the Independent Workers Union of Great Britain (IWGB) welcomes new report but says it’s not enough. The UK House […]

Mutual Attraction: Why Russia Has Become So Attractive for Italian Business

Mutual Attraction: Why Russia Has Become So Attractive for Italian Business © Sputnik/ Vladimir AstapkovichBusiness17:36 20.11.2017(updated 18:05 20.11.2017) Get short URL129710 Speaking to Sputnik, Ernesto Ferlenghi, president of Confindustria Russia, a business association representing Italian and other foreign companies doing business in Russia, explained why despite the current sanctions environment, investing in the country has […]

Bitcoin Surges to New Record High of $8200

Bitcoin Surges to New Record High of $8200CC0Business17:56 20.11.2017(updated 18:59 20.11.2017) Get short URL 0 108 0 0 The Bitcoin cryptocurrency has rocketed almost 50% in value in just eight days; on Monday it reached a record high of almost $8,200. Bitcoin reached a record high of $8,241 on Monday, according to data from industry website Coindesk. The […]