Egypt Downgraded Deeper Into Junk by S&P on Currency Squeeze
Egypt was downgraded for the second time this month, as the North African nation struggles with a severe
2023-10-21 13:55
Norway Set to Rein In Spending of its Oil Riches
Norway’s government will cut spending from its $1.4 trillion sovereign wealth fund next year as it seeks to
2023-10-06 16:29
Egypt Downgraded by Moody’s on Dwindling Policy Options
Egypt’s credit score was downgraded by Moody’s Investors Service to one of the lowest rungs of speculative grade
2023-10-06 13:26
World’s Biggest Sovereign Fund Buoys Recovery in US IPOs
Norway’s oil and gas is helping to fuel the nascent recovery in US initial public offerings. Norges Bank
2023-10-05 15:20
Morgan Stanley Turns Bearish on Egypt, Warns Risks Building
Morgan Stanley is turning bearish on Egypt as the cash-strapped nation faces what the US bank called “mounting
2023-10-03 15:15
Birkenstock Draws Norwegian Wealth Fund to $1.6 Billion IPO
Birkenstock Holding Ltd. and its private equity owner are seeking as much as $1.6 billion from an initial
2023-10-02 22:46
Weight-Loss Drugmaker Carmot Therapeutics Is Considering IPO
Weight-loss drugmaker Carmot Therapeutics is exploring an initial public offering, according to people with knowledge of the matter.
2023-09-30 05:57
World’s No. 1 Stock Owner Calls Out Big Oil as Carbon Levels Go Up
A senior executive at Norway’s sovereign wealth fund, which owns a larger share of global stocks than any
2023-09-27 13:48
Egypt Keeps Rates on Hold After Inflation Shows Signs of Slowing
Egypt kept interest rates unchanged amid signs of softening inflationary pressures, likely refraining from further monetary tightening until
2023-09-22 14:15
Signs of Egypt’s Inflation Slowing Point to Rate Hold
Signs that record Egyptian inflation is finally starting to slow may prompt the central bank to keep interest
2023-09-21 13:50
Egypt Inflation Soars as Higher Food Costs Add to Currency Angst
Egyptian inflation soared to a fresh record, with consumer costs now increasingly at the mercy of whether authorities
2023-09-10 14:18
Astellas withdraws lawsuit challenging Medicare drug price negotiation plans
Japan-based Astellas Pharma on Wednesday withdrew a lawsuit filed against the U.S. government, days after its prostate cancer
2023-09-07 02:21