Norway’s $1.4 Trillion Wealth Fund Returns 10% on Tech Surge
Norway’s $1.4 trillion sovereign wealth fund returned 10%, or $143 billion, in the first half, indicating it’s back
2023-08-16 03:58
Sanofi Was Mystery Bidder That Lost Reata to Biogen
Biogen Inc. narrowly beat out Sanofi SA to clinch its $7.3 billion acquisition of Reata Pharmaceuticals, according to
2023-08-16 03:54
Global Household Wealth Drops for First Time Since 2008 Financial Crisis
Global household wealth fell last year for the first time since the financial crisis in 2008, as inflation
2023-08-16 00:56
Blackstone Names Harper BREIT President While Agarwal Goes on Leave
Blackstone Inc.’s $68 billion real estate trust said its president A.J. Agarwal will go on a sabbatical for
2023-08-15 23:59
Russia Discusses Return to Capital Controls to Stem Ruble Slump
Russia may partially reinstate capital controls to stem a slump in the ruble to levels not seen since
2023-08-15 23:28
Nigeria Inflation Quickens More Than Expected on Transport Costs, Food Prices
Nigeria’s inflation rate climbed to a fresh 18-year high on surging transport costs and food prices, adding to
2023-08-15 21:15
Italy’s Deputy PM Seeks Changes to Bank Tax, Reports Say
Italy’s Deputy Premier Antonio Tajani wants substantial changes to a controversial levy on banks’ extra profits, according to
2023-08-15 20:00
Legal & General Assets Decline as Outflows Combine With Rising Rates
Legal & General Group Plc’s asset management arm saw assets fall by £132 billion ($168 billion) as clients
2023-08-15 19:56
Surprise China Rate Cut Only Highlights Tough Choices Facing Xi
President Xi Jinping has resisted pulling the trigger on a major stimulus to revive the world’s second-biggest economy.
2023-08-15 19:23
Danish Drugmakers Offset Weaker Economy to Keep GDP Growing
Denmark’s economy expanded for the third consecutive quarter as Novo Nordisk A/S and other Danish drugmakers enjoy massive
2023-08-15 18:29
L&G’s Wilson Says UK Must Speed Up Reforms to Lure Investors
The UK needs to accelerate reforms to help attract more investments, according to Legal & General Group Plc
2023-08-15 17:28
Federer-Backed Shoemaker On Says Strong Franc Weighs on Sales Growth
Swiss shoemaker On Holding AG said the strength of the franc will dampen its ability to fully capitalize
2023-08-15 17:27