DAVOS, Switzerland (Reuters) - The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary pressure in the United States was one of the biggest risks to financial markets this year.
Norway’s $1.8 trillion sovereign wealth fund last year returned 13%, or $222 billion, but missed its self-imposed target for the second year in a row despite gains from the booming US technology sector.
Diageo does not intend to sell its beer brand Guinness or its stake in Moet Hennessy, LVMH's drinks unit, the world's top spirits makers said on Sunday.
Norway’s sovereign wealth fund last year returned 13 per cent, or US$222 billion, but missed its self-imposed target for the second year in a row despite gains from the booming U.S. technology sector.
Saving petroleum revenue for future generations, the wealth fund has a value more than three times that of Norway's annual gross ... Reporting by Elisa Martinuzzi in Davos; writing by Gwladys ...
DAVOS, Switzerland (Reuters) - The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary pressure in the United ...
DAVOS, Switzerland (Reuters) - The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary pressure in the United ...
This is a collection of photos chosen by AP photo editors.
A speech by the U.N. chief, economic growth potential in places like China and Russia, the challenges of artificial intelligence and leaders from Spain to Malaysia are set to headline the agenda at the World Economic Forum’s annual event in Davos.
Norges Bank Investment Management — the official name of the $1.8 trillion fund — saw investments in equities gain 18% in 2024, it said in a statement on Jan. 29. After the value of real estate holdings fell, the fund missed the benchmark it measures itself against by 45 basis points, it said.
Norway’s colossal $1.8 trillion sovereign wealth fund, one of the world’s largest, posted a robust 13% return in 2024, translating to a staggering $222 billion gain. This impressive performance was largely fueled by the booming US technology sector.
The new president’s lukewarm attitude toward the North Atlantic Treaty is a ‘European strategic wake-up call,’ France’s Macron warns.