Search Results for: Norwegian

British and Swiss banks have been fined a total of EUR344 million for operating a cartel coordinating their foreign exchange (forex) spot trades of the world’s 11 most important currencies – USD, EUR, GBP, Japanese Yen, Swiss francs; Canadian, Australian and New Zealand dollars; Danish and Norwegian krone and Swedish Kroner.…

INTRODUCTION

The concept of bespoke tailoring and couture has long been regarded as the apex of clothing and textile making, given that it matches a garment closely to its wearer and intended use. Until now, such personal apparel has inevitably been expensive, given runs are individualised – indeed, bespoke has been the antithesis of mass-produced fast fashion.…

While the estimation of sources of laundered money is made imprecise by its inherent covert nature, the United Nations Office on Drugs & Crime (UNODC) has estimated that the amount of criminal proceeds processed annually is 2%-5% of global GDP, or USD800 billion to USD2 trillion.…

European and US interest in carbon capture and storage/sequestration (CCS) and carbon capture utilisation and storage (CCUS) is continuing to surge as governments make ever more ambitious climate change commitments.

In tandem with improvements in technology mean capturing carbon dioxide (CO₂) emitted from industrial processes, power generation or directly from the air, and either storing or using it, CCS/CCUS is no longer viewed as a marginal solution with limited applications. …

THE TRANSPORT of edible oils and fats by sea is not just big business – it has become increasingly regulated under international convention and controlled by industry standards, with a view to improving efficiencies and reducing the risk of pollution and contamination.…

Last July (2020), Infracapital, the infrastructure team at UK-based investment managers M&G plc, invested EUR 110 million (USD130 million) in EnergyNest, a small Norwegian company that has developed a novel thermal battery technology. Its ThermalBattery (a trademark) batteries, consisting of a concrete-like storage material made from abundant, recyclable and non-hazardous geomaterials, store excess industrial heat until needed, enabling the transfer of industrial waste heat into electricity and renewable power in industrial heat processes.…

When a terminal extension at Norway’s Oslo Gardermoen Airport was opened in 2017, it became the first airport terminal in the world to achieve a rating of excellent under the international sustainability standard BREEAM.

It has subsequently achieved owner’s Avinor’s design objective of doubling floorspace and passenger capacity while reducing energy consumption by 50% compared with the existing terminal – which already had one of the best energy efficiency records in the world.…

Two cargo vessels in Norway are being built to pioneer the use of hydrogen fuel cells to power engines as the international shipping industry starts to take measures to reduce its carbon footprint.

A consortium in southwest Norway is tapping a combination of European Union (EU) and government funds to design and build two vessels in what has been given the concept name of the Topeka project.…

The paint and coatings industry in Indonesia still has ample room for growth amid booming infrastructure development, although it has had to struggle with the ongoing Covid-19 pandemic, say officials and industry experts. 

With the property sector being the primary growth driver Indonesian paint and coating sales, the high demand for new housing and the repainting cycle assures the steady demand for paint and coating products, said Mahendra Chahar, senior consultant at Frost & Sullivan.…

The paint and coatings industry in Indonesia still has ample room for growth amid booming infrastructure development, although it has had to struggle with the ongoing Covid-19 pandemic, say officials and industry experts. 

With the property sector being the primary growth driver Indonesian paint and coating sales, the high demand for new housing and the repainting cycle assures the steady demand for paint and coating products, said Mahendra Chahar, senior consultant at Frost & Sullivan.…