Browsing Tag
Norway’s
5 posts
Norway’s AutoStore unveils next-gen electric warehouse robot
Norwegian tech company AutoStore today unveiled the latest version of its warehouse storage and retrieval robot, as it seeks to boost the efficiency of its automated fulfilment system. Dubbed the R5 Pro, the electric cube-shaped robot is fitted with next-gen lithium titanium oxide batteries. The company says this allows the little robotic workers to toil
Norway’s $1.4T Sovereign Fund Closing Shanghai Office in Shift to Singapore
NBIM’s Asia investments include a stake in the Otemachi Park Building in Tokyo (Image: Mitsubishi Estate) Norges Bank Investment Management has begun the process of closing its representative office in Shanghai, as the overseer of Norway’s sovereign wealth fund continues to build up its Singapore branch as a hub of activity for all of Asia.
Norway’s sovereign wealth fund to divest Russian assets
Norway's sovereign wealth fund will divest its Russian assets in light of Russia's unprovoked invasion of Ukraine, Prime Minister Jonas Gahr Støre announced at a news briefing Sunday.Why it matters: Valued at $1.3 trillion, Norway's state-backed investment fund is the largest in the world. The fund's Russian assets consist of shares in 47 companies, and…
How To Make The Most Of Norway’s Atlantic Road
The Atlantic Road connects a large island to mainland Norway via a series of islets and skerries. Kjetil Rolseth Daniel Craig drove back and forth along Norway's Atlantic Road in his last appearance as James Bond in No Time To Die. It was the latest in a long list of TV and film appearances for…
Norway’s Big Lesson for Build Back Better
Scandinavia has long been looked at admiringly by democratic socialists in the United States for its generous welfare state. In the last few years, Norway in particular has gained attention from climate advocates for its remarkable success swapping internal combustion engine–powered cars for electric vehicles, which now account for 54 percent of new car sales; just…