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World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).Business - CNBC - October 22 -
Expect more emerging market sovereign defaults, says S&P
Countries exiting restructurings have lower ratings than in the past and may struggle to access capitalBusiness - Financial Times - October 14 -
Nvidia CEO touts India’s progress with sovereign AI and over 100K AI developers trained
Nvidia CEO Jensen Huang noted India’s progress in its AI journey in a conversation at the Nvidia AI Summit in India. India now has more than 2,000 Nvidia Inception AI companies and more than ...Tech - VentureBeat - October 24 -
How a U.S. sovereign wealth fund could help Americans and challenge China’s global influence
Direct investment in long-term international development projects could boost Americans’ well-being for generationsBusiness - MarketWatch - October 26 -
Saudi sovereign wealth fund announces $2 billion deal for new Brookfield Middle East platform
At least 50% of the capital will be allocated to investments in the kingdom and to expanding international companies' presence in the local market.Business - CNBC - October 30 -
Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister says
Global public debt hit a record $97 trillion in 2023, prompting the UN to call for urgent reforms for governments and financial systems around the world.Business - CNBC - October 31 -
World's largest crocodile in captivity dies
The huge saltwater crocodile Cassius was nearly 5.5m (18ft) long and lived in Australia.Top stories - BBC News - November 2 -
Blackstone plans to list some of its largest investments
Sluggish asset sales hit third-quarter profits at world’s biggest private capital groupBusiness - Financial Times - October 17 -
Costco Has a Magazine and It’s Thriving
Each month, 15.4 million copies of Costco Connection are mailed out to members. Another 300,000 are distributed via Costco warehouses. It is now the nation’s third largest magazine.Lifestyle - The New York Times - October 20 -
Indonesia leader sworn in with largest cabinet in decades
The ex-general, who was accused of rights abuse during his time in the military, was sworn in on Sunday.Top stories - BBC News - October 21 -
Abuser in 'UK's largest catfishing case' jailed for life
A 12-year-old girl in the US took her own life as she was being abused by a man from Northern Ireland.Top stories - BBC News - October 25