Norges Bank

Isabel Schnabel: The future of inflation (forecast) targeting

Retrieved on: 
Thursday, April 18, 2024
Reproduction, Exercise, Finance, Journal of Economic Perspectives, Calibration, Frankfurt, Empirical evidence, American Economic Association, Great Moderation, Interest, Inflation, Norges Bank, Policy, Bank, The Economic Journal, Speech, Employment, ECB, Risk, University of Chicago Press, Communication, Sveriges Riksbank, Debate, OECD, European Economic Review, Watcher, Economic Policy (journal), Goethe University Frankfurt, Federal Reserve Bank, Depression, Christian Social Union (UK), Climate change, Projection, IPhone, Intelligence, Agriculture, Bias, Journal, Research, Disinflation, Harvard Business School, University, Food, Business cycle, Bank of England, European Central Bank, The, American Economic Journal, Uncertainty, Attention, Finance Secretary (India), Conference, Forecasting, Growth, Rotation, Environment, Reserve Bank, Federal, COVID-19, Washington, D.C., Metal, HICP, Federal Reserve, Working paper, American Economic Review, Cryptocurrency

Stock market development and familiarity (language and distance) are considered key determinants for home bias.

Key Points: 
  • Stock market development and familiarity (language and distance) are considered key determinants for home bias.
  • The literature neglects however that investors often invest in foreign funds domiciled in financial centers.

Central bank digital currency and monetary policy implementation

Retrieved on: 
Thursday, April 18, 2024
E41, Central bank digital currency, Atlantic Council, Research Papers in Economics, Remuneration, Norges Bank, People's Bank of China, Policy, Central Bank of Myanmar, Bank for International Settlements, Blog, Financial innovation, Sveriges Riksbank, Bank of Canada, Mechanics, Journal of Monetary Economics, Insurance, Bank of England, E42, Corridor, Quarterly Journal of Economics, Report card, Frankfurt, Appetite, American Economic Association, Digital rupee, Rosolin, RBI, PDF, Private, ECB, Committee, Inden, North Rhine-Westphalia, Bank, Canadian International Council, Social science, JEL, JMD, ECCB, Digital, Journal, Research, POC, European Central Bank, ENaira, M.A, Monetary economics, Section 5, Government, ISSN, The, Central bank, Finance, Buffer, Parliament, CBN, EONIA, Asset, ATM, Risk, International Monetary Fund, Interbank, Section 4, Ministry, Press release, Section 3, Human, Waterfall, Cryptocurrency, Economy, Swiss National Bank, PIB, Section 2, Conference, Reserve Bank, Reserve Bank of India, GBP, Progress, Road, American Economic Review, CBB, Digital currency, Agur, European Commission, International Settlement, Constraint, Money, Community business development corporation, City, Equivalence, Eligibility, Ministry of Finance, Report, Control, Civil service commission, EUR, Uncertainty, Eastern Caribbean Central Bank, Abadi, Rest, Reproduction, Fintech, IMF, Federal Reserve, LCR, Data
Key Points: 

    BXP Completes Sale of 45% Interest in Kendall Square Life Sciences Property

    Retrieved on: 
    Monday, March 25, 2024
    REIT, Science, Other Science, Commercial Building & Real Estate, Construction & Property, Norges Bank, Sale, AstraZeneca, NBIM, Kendall Square

    BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that it has completed the previously announced sale of a 45% interest in 290 Binney Street, a life sciences development located in Kendall Square in Cambridge, Massachusetts, to Norges Bank Investment Management.

    Key Points: 
    • BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that it has completed the previously announced sale of a 45% interest in 290 Binney Street, a life sciences development located in Kendall Square in Cambridge, Massachusetts, to Norges Bank Investment Management.
    • 290 Binney Street is a 16-story, 570,000 square foot laboratory/life sciences property currently under construction and 100% pre-leased to AstraZeneca, with initial occupancy expected in April 2026.
    • The properties – 290 Binney Street and 300 Binney Street – total 810,000 square feet and are each 100% pre-leased.
    • BXP retains a 55% interest in the joint ventures and provides development, property management, and leasing services for the ventures.

    Endurant Energy Completes Geothermal System Installation for 555 Greenwich Street, A Milestone in NYC’s Sustainability Landscape

    Retrieved on: 
    Thursday, February 1, 2024
    Alternative Energy, Energy, Environment, Other Energy, Sustainability, NYS, Norges Bank, Heart, Trinity Church (Manhattan), Temperature, Carbon, Atmosphere, AECOM, Tishman, Climate, Platinum, LEED, Heat, Engineering, Renewable energy

    Endurant Energy (Endurant) has announced the completion of the geothermal system installation at the 555 Greenwich Street development for Hudson Square Properties, a joint venture of Trinity Church Wall Street, Norges Bank, and Hines—marking a pivotal juncture in New York City’s sustainable evolution.

    Key Points: 
    • Endurant Energy (Endurant) has announced the completion of the geothermal system installation at the 555 Greenwich Street development for Hudson Square Properties, a joint venture of Trinity Church Wall Street, Norges Bank, and Hines—marking a pivotal juncture in New York City’s sustainable evolution.
    • "That's why we entrusted the implementation of this critical technology to Endurant, whose successful execution of the geothermal program has put 555 Greenwich at the forefront of sustainable development in commercial real estate."
    • The system is currently operational, and 555 Greenwich is expected to receive LEED platinum certification—joining only 10 projects awarded that status in New York State.
    • “Out of the many geothermal projects we’ve completed over the last 20 years, the 555 Greenwich energy foundations project is one of the most special,” said Tony Amis, Endurant’s Senior Vice President, Geothermal.

    Global Alts 2024: The Largest Cap Intro Event is Set to Make Waves

    Retrieved on: 
    Wednesday, January 17, 2024
    Altimeter, Capital market, Head, Investment, Multimedia, Third Point Management, Goldman Sachs, Hewlett Foundation, Name, CIO, Norges Bank, Environment, Starwood Capital Group, LIV, General partnership, Galaxy Digital, Cryptocurrency

    NEW YORK, Jan. 17, 2024 /PRNewswire-PRWeb/ -- iConnections Global Alts 2024 is poised to redefine the landscape of capital introduction events with its ambitious agenda and an unprecedented lineup of speakers and networking opportunities. This highly anticipated event, scheduled from January 29th to February 1st, promises to be the largest gathering for alternative investment professionals, showcasing cutting-edge insights and fostering invaluable connections.

    Key Points: 
    • Global Alts 2024, the largest cap intro event, is set to redefine the industry with an exceptional lineup of speakers and networking opportunities.
    • This highly anticipated event, scheduled from January 29th to February 1st, promises to be the largest gathering for alternative investment professionals, showcasing cutting-edge insights and fostering invaluable connections.
    • Global Alts 2024 will set a new standard for capital introductions with projected 15,000+ one-on-one cap intro meetings.
    • Global Alts 2024 is already generating considerable excitement within the industry, and attendance is expected to reach record numbers.

    BXP Agrees to Sell a 45% Interest in Kendall Square Life Sciences Properties

    Retrieved on: 
    Tuesday, November 14, 2023
    REIT, Science, Other Science, Commercial Building & Real Estate, Construction & Property, Broad Institute, NYSE, AstraZeneca, Norges Bank, Heart, Boston, NBIM, Partnership, Kendall Square, Real assets, Self storage, BXP, Greater Boston

    BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that it has entered into agreements to sell a 45% interest in two life sciences development properties located in Kendall Square in Cambridge, Massachusetts, to Norges Bank Investment Management at a gross valuation of approximately $1.66 billion or $2,050 per square foot.

    Key Points: 
    • BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, today announced that it has entered into agreements to sell a 45% interest in two life sciences development properties located in Kendall Square in Cambridge, Massachusetts, to Norges Bank Investment Management at a gross valuation of approximately $1.66 billion or $2,050 per square foot.
    • The properties – 290 Binney Street and 300 Binney Street – total 810,000 square feet and are each 100% pre-leased.
    • BXP will retain a 55% interest in the joint ventures and will provide development, property management, and leasing services for the ventures.
    • “We are delighted to deepen our longstanding partnership with Norges Bank Investment Management,” said Owen Thomas, Chairman & CEO, BXP.

    Notification of Major Shareholdings

    Retrieved on: 
    Friday, November 3, 2023
    Acquisition, Shell plc, Security (finance), Norges Bank, Shell

    Norges Bank have advised Shell that Notifications 1 and 2 were not submitted to Shell in August 2022 as a result of an administrative error by Norges Bank.

    Key Points: 
    • Norges Bank have advised Shell that Notifications 1 and 2 were not submitted to Shell in August 2022 as a result of an administrative error by Norges Bank.
    • Notifications 2 and 3 are set out below:
      1a.
    • Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:
      5.
    • Date on which the threshold was crossed or reachedvi:
      % of voting rights attached to shares (total of 8.

    Jan Gurander proposed as new Chairman of Essity

    Retrieved on: 
    Monday, October 23, 2023
    Volvo, Norges Bank, Committee, Annual general meeting, AB, Annual, CFO, Corporate communication, AMF, Management, Essity

    STOCKHOLM, Oct. 23, 2023 /PRNewswire/ -- Jan Gurander has had a long and successful career within the Volvo Group, starting as CFO in 2014. He held the position of acting President and CEO during part of 2015 and was Executive Vice President from 2016 to 2022. Prior to his career at the Volvo Group, Jan Gurander has held the position of CFO in a number of international companies and has a background in the financial sector as well as extensive experience in the capital markets.

    Key Points: 
    • The Nomination Committee of Essity Aktiebolag (publ) proposes that Jan Gurander be appointed Chairman and member of Essity's Board of Directors at the Annual General Meeting in March 2024.
    • STOCKHOLM, Oct. 23, 2023 /PRNewswire/ -- Jan Gurander has had a long and successful career within the Volvo Group, starting as CFO in 2014.
    • Jan Gurander is currently a member of the Board of Directors of Skanska and Essity.
    • The Nomination Committee of Essity Aktiebolag (publ) comprises representatives of four of the company's largest shareholders and the Chairman of the Board, Pär Boman.

    Jan Gurander proposed as new Chairman of Essity

    Retrieved on: 
    Monday, October 23, 2023
    Volvo, Norges Bank, Committee, Annual general meeting, AB, Annual, CFO, Corporate communication, AMF, Management, Essity

    STOCKHOLM, Sweden, Oct. 23, 2023 /PRNewswire/ -- Jan Gurander has had a long and successful career within the Volvo Group, starting as CFO in 2014. He held the position of acting President and CEO during part of 2015 and was Executive Vice President from 2016 to 2022. Prior to his career at the Volvo Group, Jan Gurander has held the position of CFO in a number of international companies and has a background in the financial sector as well as extensive experience in the capital markets.

    Key Points: 
    • The Nomination Committee of Essity Aktiebolag (publ) proposes that Jan Gurander be appointed Chairman and member of Essity's Board of Directors at the Annual General Meeting in March 2024.
    • STOCKHOLM, Sweden, Oct. 23, 2023 /PRNewswire/ -- Jan Gurander has had a long and successful career within the Volvo Group, starting as CFO in 2014.
    • Jan Gurander is currently a member of the Board of Directors of Skanska and Essity.
    • The Nomination Committee of Essity Aktiebolag (publ) comprises representatives of four of the company's largest shareholders and the Chairman of the Board, Pär Boman.

    Hyperledger Foundation Adds Seven New Members; Moves Two Projects to Graduated Status

    Retrieved on: 
    Wednesday, October 4, 2023
    Cloud, Knowledge, Learning, LLP, Enterprise, JSCC, National Payments Corporation of India, DLT, Linux Foundation, Norges Bank, Associate, Certification, Organization, Digital asset, Linux, SAN, NPCI, NTT Data, Ecosystem, NTT, Cryptocurrency, Blockchain, Hyperledger, CBDC, Textile, Calipers

    SAN FRANCISCO, Oct. 4, 2023 /PRNewswire/ -- Today, Hyperledger Foundation, the open, global ecosystem for enterprise-grade blockchain technologies, announced seven new members, including Blocklabs, Deloitte, Japan Securities Clearing Corporation and Norges Bank. The global line-up of new members reflects the worldwide engagement in the Hyperledger ecosystem. To support its widespread member community, Hyperledger Foundation is also hosting two versions of its annual Member Summit. The member-only event, which gives attendees the opportunity to shape the community's plans for the next year, will be held in San Francisco in October and Tokyo in December. 

    Key Points: 
    • To support its widespread member community, Hyperledger Foundation is also hosting two versions of its annual Member Summit.
    • In addition, Hyperledger Cacti and Hyperledger FireFly each reached a major milestone when the Technical Oversight Committee (TOC) voted to move them to graduated status.
    • Both of these newly graduated projects are highlighted for their roles in CBDC deployments in a newly updated " Hyperledger in Action in CBDC ."
    • As such, pre-approved non-profits, open source projects and government entities can join Hyperledger Foundation at no cost as associate members.