Latest in World's largest sovereign wealth fund invests $740 million in London's Covent Garden
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World's largest sovereign wealth fund invests $740 million in London's Covent Garden
Norway's $1.8 trillion sovereign wealth fund on Thursday said that it struck a deal to buy a quarter of London's iconic Covent Garden.CNBC - Mar. 20 -
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 - Mar. 20 -
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 districtFinancial Times - Mar. 20 -
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 firmFinancial Times - Mar. 7 -
Indonesia names billionaire investor Ray Dalio as sovereign wealth fund adviser
Investors voice concern over governance at fund expected to manage state assetsFinancial Times - 3d -
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 -
Auto Legends adds $1M to its funding round in Coinbase Ventures deal
Auto Legends, a social drag racing Web3 game, has added $1 million in a strategic investment from Coinbase Ventures' Base Ecosystem Fund.VentureBeat - Mar. 6 -
Wealth managers dump investment trust shares
But retail investors buy into the troubled sectorFinancial Times - Mar. 8 -
FIFA details Club World Cup prize money with $125M target for the winner in $1BN fund
The winner of FIFA’s first 32-team Club World Cup in the United States could earn $125 million as details of a $1 billion prize money fund were finally published Wednesday. FIFA said it allocated ...Yahoo Sports - 1d -
FIFA details Club World Cup prize money with $125M target for the winner in $1BN fund
The winner of FIFA’s first 32-team Club World Cup in the United States could earn $125 million as details of a $1 billion prize money fund were finally publishedABC News - 1d -
'I could lose £100K despite Woodford investment fund redress scheme'
People who lost savings from a collapsed investment fund say a redress scheme has let them down.BBC News - 3d -
Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion
Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.CNBC - Mar. 13 -
Take a look inside the world's largest 3D printed housing development
The world's largest 3D printed community is now open and mostly sold. Take a look inside the homes and hear from residents about what it's like to live there.CNBC - Mar. 12 -
What will Trump mean for personal wealth?
Pension funds, retail investors and money managers are worrying about the future of American capital marketsFinancial Times - Mar. 10 -
UK minister in ‘active discussions’ with pension funds to invest more in private markets
Torsten Bell says government is ‘encouraging, not instigating’ investment in wider range of assetsFinancial Times - Mar. 11 -
Hollywood Filmmaker Charged With $11 Million Conspiracy to Defraud Netflix
Prosecutors say Carl Erik Rinsch used funds for a science-fiction series for personal investments. An arbitrator ruled in Netflix’s favor last year.The New York Times - Mar. 19 -
UN World Food Program to cut food aid for over 1 million people in Myanmar
The United Nations food agency says that more than 1 million people in the war-torn nation of Myanmar will be cut off from food assistance due to critical funding shortfallsABC News - Mar. 14 -
These tips for investing in mutual funds and ETFs help ground your portfolio
All-weather funds, European stock ETFs and an editor’s note.MarketWatch - Mar. 13 -
UK Treasury omits defence from National Wealth Fund priority sectors
Decision comes even as government joins other European countries in seeking to raise military spendingFinancial Times - Mar. 19 -
AstraZeneca to invest $2.5bn in China after scandal
London-listed drugmaker will establish research centre in BeijingFinancial Times - 6d -
Passive investing wins again
Evidence in favour of index funds grows more compelling despite concerns over AI stock boomFinancial Times - 5d -
'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 - Mar. 18 -
Pension funds don’t take ‘anywhere near enough risk’, says UK national wealth fund executive
Ian Brown tells FT that managers need to back infrastructure projects before construction under wider net zero pushFinancial Times - Mar. 16 -
Trump administration suspends $175 million in federal funding for Penn over transgender swimmer
The Trump administration has suspended approximately $175 million in federal funding for the University of Pennsylvania over the participation of a transgender athlete in its swimming programABC News - Mar. 19 -
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 -
Women's sports firm Monarch Collective ups fund size to $250 million
Monarch investors Melinda French Gates’ Pivotal Ventures and Hello Sunshine CEO Sarah Harden recently upped their funding.CNBC - Mar. 13 -
Derry City and Coleraine FC seek millions in stadium fund
Applications to the fund closed on Friday, with 41 clubs in the men's and women's game eligible to apply.Yahoo Sports - Mar. 19 -
London's Heathrow Airport to restart flights after fire causes closure
A fire at an electrical substation near London's Heathrow Airport closed one of the world's busiest airports.ABC News - 6d -
London's Heathrow Airport resumes some flights after huge power cut
London's Heathrow Airport, one of the busiest airports in the world, was shut down by a power outage caused by a fire at an electrical substation.CBS News - 6d -
Schools and hospitals get £180m solar investment
The government has announced the funding for 200 schools and hospitals apiece across the UK.BBC News - 6d -
Take a look inside the world's largest 3D printed housing development
Just outside Austin, in Georgetown, Texas, brand new planned communities sprawl out as far as the eye can see, which is pretty far in this part of the country.NBC News - Mar. 13 -
South Korea, World’s Largest ‘Baby Exporter,’ Admits to Adoption Fraud
A South Korean truth commission called for the country to apologize to those who were sent abroad “like luggage” so that adoption agencies could profit.The New York Times - 1d -
World Figure Skating Championships 2025: How to watch, schedule, preview
The 2025 ISU World Figure Skating Championships air live on NBC Sports and Peacock from Boston's TD Garden.Yahoo Sports - 3d -
'Frozen in time': Crash victims mourned at 2025 world figure skating championships
The first day of competition at the 2025 world figure skating championships at TD Garden also featured a poignant tribute.Yahoo Sports - 1d -
World Club Cup winner to score up to $125 million prize money
The winner of this year's expanded Club World Cup in the United States will receive up to $125 million in prize money, FIFA announced on Wednesday. "In addition to the prize money earmarked for the ...Yahoo Sports - 1d -
Nest pension fund says pledge to invest 30% in private markets is ‘not guaranteed’
State-backed retirement scheme will not compromise on value to meet targetFinancial Times - 21h -
Female-led start-ups are increasingly starved of funding
Investment decisions in the UK follow the same outdated patterns — even in booming AIFinancial Times - Mar. 19 -
Trump cancels $400 million in federal funds to Columbia University
The Trump administration announced Friday that it is canceling $400 million in federal grants to Columbia University, saying the school is not doing enough to protect its Jewish students against ...NBC News - Mar. 8 -
Trump's World Liberty Financial crypto project says it sold $550 million in tokens
World Liberty Financial said it completed its second token sale, bringing in $550 million.CNBC - Mar. 18 -
Trump administration halts funding for two cybersecurity efforts
The Trump administration has cut millions of dollars in federal funding from two cybersecurity initiatives, including one dedicated to helping state and local election officialsABC News - Mar. 10