World's largest sovereign wealth fund invests $740 million in London's Covent Garden

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  Norway’s sovereign wealth fund buys a quarter of London’s Covent Garden

  Shaftesbury Capital sells stake in estate, which includes shops, market and transport museum site. Business live latest updates Norway’s sovereign wealth fund, the world’s biggest, has made a ...
  
  The Guardian - 14h

• Norway’s oil fund buys into London’s Covent Garden estate

  Norges Bank Investment Management makes fresh bet on fortunes of UK capital’s retail and leisure district
  
  Financial Times - 17h

• PwC and Saudi Arabia’s sovereign wealth fund clash over hiring of executive

  ‘Friction and angst’ over Neom auditor preceded Public Investment Fund’s ban on Big Four firm
  
  Financial Times - Mar. 7
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  Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion

  Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.
  
  The New York Times - Mar. 13

• Trump's ambassador pick says "Canada is a sovereign state"

  "Canada is a sovereign state, yes," Pete Hoekstra said during his confirmation hearing Thursday.
  
  CBS News - Mar. 13

• 'Buy European': Airbus and others call for sovereign fund and higher Europe tech autonomy

  "Building strategic autonomy in key sectors is now a recognised urgent imperative across Europe," the letter from Airbus, Dassault Systemes and others said.
  
  CNBC - 2d

• Wealth managers dump investment trust shares

  But retail investors buy into the troubled sector
  
  Financial Times - Mar. 8
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  Women will get most of the $124 trillion 'great wealth transfer.' Here's why.

  As part of the ‘great wealth transfer,’ more than $100 trillion is projected to change hands in the coming decades.
  
  NBC News - Mar. 12

• What will Trump mean for personal wealth?

  Pension funds, retail investors and money managers are worrying about the future of American capital markets
  
  Financial Times - Mar. 10

More from CNBC

• Nike expects sales will plunge in current quarter as it faces tariffs, sliding consumer confidence

  Nike is trying to execute a turnaround under new CEO Elliott Hill.
  
  CNBC - 2h

• Accenture is DOGE's first corporate casualty as shares dive on warning that contracts will be cut

  Shares of Accenture slid more than 7% on Thursday after the consulting firm said tighter federal spending efforts have begun to weigh on its revenues.
  
  CNBC - 4h

• Trump signs order to increase critical mineral production in the U.S.

  The U.S. is depends on imports for some critical mineral needs.
  
  CNBC - 3h

• Micron shares jump on earnings beat, rosy guidance as data center revenue triples

  Micron shares rose in extended trading Thursday after the company reported better-than-expected results and issued guidance that topped estimates.
  
  CNBC - 4h

• Tesla owners are trading in their EVs at record levels, Edmunds says

  Data from Edmunds shows that Tesla owners have been trading in their vehicles at record levels since CEO Elon Musk joined Trump's White House.
  
  CNBC - 1h

More in Business

• Elon Musk received court summons in SEC suit over failure to properly disclose Twitter stake

  Elon Musk received a summons in connection with the SEC's lawsuit over his alleged failure to properly disclose his Twitter stake before buying the company.
  
  CNBC - 9m

• Japan core inflation rose 3% in February, bolstering expectations of interest rate hikes

  Japan's core inflation beat expectations and came in at 3% in February, government data showed on Friday, bolstering the case for further interest rate hikes.
  
  CNBC - 1h
• 

  Israeli cabinet sacks head of Shin Bet intelligence agency

  Move set to intensify split between Netanyahu government and legal authorities
  
  Financial Times - 1h
• 

  Why is UK wage growth so strong?

  Pay is out of line with the state of the economy, puzzling analysts and worrying the BoE
  
  Financial Times - 1h

• Tesla owners are trading in their EVs at record levels, Edmunds says

  Data from Edmunds shows that Tesla owners have been trading in their vehicles at record levels since CEO Elon Musk joined Trump's White House.
  
  CNBC - 1h