Leading global paintmaker AkzoNobel announced Tuesday it was selling its chemicals arm to US-based investors Carlyle Group and Singapore's GIC for 10.1 billion euros ($12.6 billion), seeking to restore investor confidence ...
Business
Mar 27, 2018
0
11
Recently, a number of institutional investors, including Caisse de dépôt et placement du Québec in Canada and Norway's sovereign wealth fund, announced their intent to reduce their exposure in investments linked to fossil ...
Environment
Dec 11, 2017
0
11
Saudi Arabia's powerful crown prince on Tuesday announced plans to build a futuristic city run entirely on alternative sources of energy and said the ultraconservative kingdom must return to "moderate Islam."
Business
Oct 24, 2017
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9
Norway's sovereign wealth fund, the world's largest, has barred 15 more companies linked to coal operations, most of them American and Asian, the Norwegian central bank said on Wednesday.
Environment
Dec 21, 2016
0
16
Startups have long been the domain of venture capitalists. But with last week's staggering $3.5 billion investment in Uber from Saudi Arabia's Public Investment Fund, the tech world has been put on notice - sovereign wealth ...
Business
Jun 8, 2016
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9
Australia's city of Newcastle, which claims to be the world's biggest coal export port, said Wednesday it will pull money out of fossil fuel industries and invest in more sustainable enterprises.
Environment
Aug 26, 2015
1
29
Symantec will sell its Veritas information management business for $8 billion in cash with plans to funnel proceeds back into its main line of work, cybersecurity, and to buy back shares.
Business
Aug 11, 2015
0
22
Norway's parliament voted Friday to pull its sovereign wealth fund—the world's biggest—out of coal, in what is seen as a major victory for environmentalists.
Environment
Jun 5, 2015
1
39
Norway said Friday it would bar its state pension fund, the world's biggest sovereign wealth fund, from investing in the worst climate-polluting companies.
Environment
Apr 11, 2015
1
146
Singapore sovereign wealth fund GIC and a US-based private equity firm will acquire anti-plagiarism software maker iParadigms for $752 million, the firms said Tuesday.
Business
Jun 3, 2014
0
0
