International - Page 126

Norway’s mammoth sovereign wealth fund, boasting an impressive $1.5 trillion in assets, has recently assumed a pivotal role in an ongoing U.S. securities class action case associated with the now-defunct Silicon Valley

As the year 2023 draws to a close, U.S. stock markets find themselves in a state of significant gains after a tumultuous ride. Investors are now closely monitoring various factors that could

The Biden administration has compelled a Saudi Aramco-backed venture capital firm to divest its holdings in a Silicon Valley AI chip startup supported by Sam Altman, one of the co-founders of OpenAI,

Dell Technologies (DELL.N) reported third-quarter revenue that fell short of expectations, causing a 4% drop in its shares after the bell. This underperformance was attributed to a slower-than-anticipated recovery in the hardware

In a significant financial move, pet care company Rover Group (ROVR.O) has announced its plans to go private through a $2.3 billion all-cash deal with private equity firm Blackstone (BX.N). This announcement

Walt Disney’s Chief Executive Officer, Bob Iger, recently announced his definitive intention to step down when his existing contract concludes in 2026. Speaking at the New York Times Dealbook Conference, Iger also

U.S. health insurer Cigna is currently engaged in merger discussions with fellow insurer Humana, according to a knowledgeable source. The potential deal is estimated to surpass $60 billion in value, likely prompting

TotalEnergies, the prominent French oil and gas company, has announced its recent acquisition of a minority stake in the Xlinks Morocco-UK Power Project. This strategic move is seen as pivotal in helping

The Organisation for Economic Co-operation and Development (OECD) has advised the UK government to tighten its fiscal belt, a suggestion that may not sit well with Prime Minister Rishi Sunak, who is