Nicolai Tangen, chief executive officer of Norges Bank Investment Management, at the Arendalsuka conference in Arendal, Norway, on Wednesday, Aug. 13, 2025. Carina Johenson | Bloomberg | Getty Images Norway’s sovereign wealth fund has proposed cutting the allocation of government bonds in its $2.3 trillion investment portfolio, chiefly affecting its holdings of U.S. Treasurys, as…
Nicolai Tangen, CEO of Norges Bank Investment Management, during a news conference in Oslo, Norway, on Jan. 29, 2025. Naina Helén Jåma | Bloomberg | Getty Images Norway’s $2.3 trillion sovereign wealth fund reported a record half-year profit of more than $182 billion on Wednesday, as a rally in Asian technology stocks helped the fund…
As Europe endures another summer of record-breaking heat, Asian travelers continue to flock to the continent, with little sign that soaring temperatures are dampening demand. The trend also reflects a broader diversification in Asian travel spending across Europe, as travelers spread their budgets across a wider range of destinations throughout the continent. Searches for European…
On the Eurostar platform at St Pancras International station in London, Great Britain, on 1 November 2025. Stephane Mouchmouche | Afp | Getty Images Gripped by drought, raging wildfires and a summer of weather extremes, countries across Europe are scrambling to address the widely underestimated climate challenge of extreme heat. Supercharged by the climate crisis,…
A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. Mark Blinch | Reuters The automotive industry’s increasing use of over-the-air technology to update vehicle systems makes it more susceptible to cyberattacks, analysts say, urging more intervention in the…
Voters in California will decide in November whether to impose a one-time, 5% tax on residents and trusts with a net worth of more than $1 billion. The proposal is deeply controversial, with opponents on both sides of the aisle warning that passage of the measure — the first of its kind in the U.S….
BP logos are seen at a BP petrol and diesel filling station southeast of London on June 15, 2020. BEN STANSALL | AFP | Getty Images LONDON — British energy major BP suffered a shareholder revolt at its annual general meeting on Thursday, following a tense clash with investors over corporate governance and climate transparency….
Conservative party leader Kemi Badenoch visits the Well-Safe Protector Oil Rig at Aberdeen’s South Harbour, on March 30, 2026 in Aberdeen, Scotland. Paul Reid | Getty Images News | Getty Images U.S. President Donald Trump has renewed his criticism of Britain’s energy policy, deriding the ruling center-left Labour government’s decision to ban licenses for new…
A prolonged surge in natural gas prices triggered by the ongoing war in the Middle East risks denting European growth and hitting some Asian economies hard, analysts have warned. Global gas prices have soared this week amid fears of a lengthy disruption to energy flows through the Strait of Hormuz — a key shipping route…
Norway government has accused China-backed hacking group salt storm Burglary in many organizations of the country. In a report Published on Friday, the Norwegian Police Security Service said the hacking group, which is working for the Chinese government, targeted vulnerable network devices to spy. Norway is the latest country to confirm incursions related to Typhoon…
