Norges Bank Investment Management (NBIM) announced on Friday that it acquired 45% interest in the United States logistics portfolio in a transaction valued at $1.07 billion.According to the agreement signed on December 20, 2024, and completed on January 1, Norges Bank's fund management...
Ukrainian Prime Minister Denys Shmyhal stated on Wednesday that the country had received a $1.35 billion grant from the United States. "The US Government provided the funding through the United States Agency for International Development (USAID) and in coordination with the US...
Norway's $1.6 trillion sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), reported on Thursday a return of 6.3% in the first quarter of 2024, translating to gains of $110 billion.The result represents a decline from the 7.9% return seen in the last quarter of 2023 and a...
The International Monetary Fund launched on Tuesday the Ukraine Capacity Development Fund (UCDF) to bolster technical assistance and training to support Ukraine's economic agenda, expecting to collect $65 million in donations from different countries.
In a statement, the IMF said that the fund...
KKR & Co. Inc. raised $6.4 billion for its second Asian infrastructure fund, bringing the total number up to $13 billion in assets under management for KKR's Asian infrastructure business, the Financial Times reported.
KKR's David Luboff, head of Asia-Pacific infrastructure, said in an interview with the...
Prosecutors questioned former Japanese Economy Minister Yasutoshi Nishimura over a scandal involving undeclared political funds by the Liberal Democratic Party's largest faction, sources close to the matter told Nikkei Asia on Saturday.
Once led by the late Prime Minister Shinzo Abe, the...
The White House urged Congress on Thursday to pass a short-term rule to fund the government and, in that way, buy time ahead of a long-term deal.
The announcement comes just as Congress could run out of money on September 30, triggering a shutdown that jeopardizes countless federal...
United Airlines Holding announced Tuesday the creation of an investment vehicle to back startups centered on decarbonizing air travel by accelerating research, production, and technologies associated with sustainable aviation fuel (SAF), the company said in a statement.
United Airlines Ventures...
The world’s largest startup investor in recent years, SoftBank Group Corp., is looking at launching a new startup investment giant fund, the Wall Street Journal reported Wednesday, citing people familiar with the matter.
The move has been thought of as part of an ongoing plan to find a way through...
French Economy and Finance Minister Bruno Le Maire announced on Monday the creation of a new €1 billion European technology fund that will bring together 10 to 20 funds.
"Our goal is to have ten technology companies worth over €100 billion each by 2030. There is no reason why we should leave...
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