Considered the world’s largest sovereign wealth fund, Norway admits to losing a massive 188-billion-kroner (roughly equivalent to $21 billion) loss following a turbulent first half of the year. The country is expected to experience further challenges with the global...
A report by the Federal Reserve revealed that the wealth of United States households increased compared to last year’s figure, says US News. After suffering from a significant fall in 2018, US household wealth finally surges back up by...
Businesswoman and reality show star Kim Kardashian-West finally joined the ranks of Jeff Bezos and Elon Musk as she reached a net worth of $1 billion, according to Forbes. Her wealth is attributed to cosmetics and reality TV.
Kardashian-West has...
Norway’s $1 trillion sovereign wealth fund, which manages $1 trillion of the country’s assets, has been given the go signal to dump more than $13 billion in stocks linked to fossil fuels, becoming the largest fossil fuel divestment to...
The famous Lemonade performer is expecting a windfall of $300 million from Uber IPO. As Uber goes public on the New York Stock Exchange last Friday, May 10, 2019, early investors are slated to receive millions of dollars from...
Australian software solutions provider Bravura announced Monday, Oct 28, it is set to acquire leading microservices provider, FinoComp, for $25 million.
In a press release, the software company said that the latest acquisition deal is expected to help Bravura develop...
In a joint statement on Tuesday, October 20, 2020, SK Hynix and Intel announced that the latter would be selling its NAND flash memory business to SK Hynix. The deal is valued at a massive $9 billion all-cash deal....
Insurance broker Brunel Group is now set to venture into the financing planning market with the launch of its new independent financial planning and wealth management firm, Brunel Wealth Ltd.
In a press release, the insurance group said that the...
Last Monday, December 2, 2019, Axis Bank of India revealed its new line of wealth management services. The services are exclusive only for the growing ultra-rich Indian sector in the country.
Financial and wealth management services from the firm will...
The Scottish court has approved the judicial review of the Government's rejection to investigate the unexplained wealth of former President Donald Trump, amid continued requests to look into how he was able to buy 2 golf courses in Scotland.
Avaaz,...
