Australia approved Thursday the construction of a controversial coal mine near the Great Barrier Reef, paving the way for a dramatic and unfashionable increase in coal exports.
Environment
Jun 13, 2019
0
149
Investment funds owned by national governments -- known as "sovereign wealth funds" - now wield trillions of dollars in investment power globally, raising concerns that the funds could be used for political purposes and leading ...
Economics & Business
Feb 1, 2010
1
0
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
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
0
9
Norway's sovereign wealth fund, the world's biggest thanks to petrodollars, will sell off stakes in oil and gas exploration and production companies to reduce its exposure to black gold, the government said Friday.
Business
Mar 8, 2019
0
12
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
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
0
9
Oil-rich Norway moved Friday to target its huge sovereign wealth fund's investments more closely at boosting green businesses, but environmentalists said the proposals were not strong enough.
Energy & Green Tech
Apr 4, 2014
0
0
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 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
