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
RBA Sees a ‘Credible Path’ to Inflation Target at 4.1% Rate
Australia’s central bank sees a “credible path” to return inflation to its 2-3% target with interest rates at
2023-08-15 10:59
Tiger Cubs Pared Tech Stakes as Other Asset Managers Dove In
Tiger Global Management, Maverick Capital and other so-called Tiger Cubs trimmed their holdings in technology stocks during the
2023-08-15 07:26
Clorox Takes Down Some IT Systems After ‘Unauthorized Activity’
Clorox Co. has taken some of its information technology systems offline after identifying “unauthorized activity” in its computer
2023-08-15 06:57
Grove Collaborative Changes CEO, Raises $10 Million After SPAC Flameout
Grove Collaborative Holdings is replacing its longtime chief executive officer after the seller of household essentials struggled since
2023-08-15 04:17
The Four Biggest Hurdles in America’s EV Transition
Since the Inflation Reduction Act was signed into law one year ago this week, there’s been $59 billion
2023-08-14 21:48
China Hedge Funds in Crisis After Losses, US Investor Retreat
Foreign investors are losing interest in China, and hedge funds that target the world’s second-biggest economy are paying
2023-08-14 08:19
Country Garden Poses New Risk for China’s Economy
One of China’s largest developers is wobbling and has less than 30 days to avoid a default on
2023-08-13 03:29
Adani Ports Names New Auditors After Deloitte Unit Resigns
Adani Ports said it appointed MSKA & Associates as the statutory auditors of the company, effective Aug. 12.
2023-08-13 00:23
GM, Ford Shares Slide With Strike Fears Fueling Investor Anxiety
The specter of crippling labor strikes and rising costs slammed stocks of the two major US automakers, putting
2023-08-12 00:29
Huawei’s Sales Grow Again as New Arenas Mitigate Sanctions Hit
Huawei Technologies Co. grew sales for a third straight quarter, after new businesses like cloud services and a
2023-08-11 16:17
Country Garden’s Losses Fan Worst Fears on China Property Market
Less than two years after China Evergrande Group’s default sent shockwaves around the world, an even larger Chinese
2023-08-11 11:54