Egypt aims to raise USD 1 billion (EGP 48.2 billion) this year by selling state assets through its ongoing privatisation programme, Egyptian Planning Minister Hala El-Said revealed in an interview with Asharq Business on 21 April. The government will also work to improve the following year, with an increased target of USD 1.5 billion (EGP 72.3 billion) set for 2025. Previously, in February 2024, Egypt’s Minister of Finance Mohamed Maait stated that the government is looking to raise USD 6.5...
A housing advocacy organization and migrants in Denver, Colorado, recently organized a protest against the city's "insufficient" plan to provide 1,000 migrants with six months of free housing and a number of other services, KMGH-TV reported.Denver Mayor Mike Johnston (D) announced an immigration program last week to address the increase in migrant arrivals. More than 40,000 illegal migrants have arrived in the city since December 2020.The mayor's new Denver Asylum Seekers Program aims to provide...
Since last September, Montana voters have heard various accusations lobbed against Tim Sheehy, a Trump-endorsed GOP Senate hopeful running to unseat Sen. Jon Tester (D-MT): He’s “shady,” a “so-called businessman,” and “cashing in on Communist China,” according to a flurry of political ads running in the Treasure State. The GOP primary ad buys were snagged […]
19 April 2024 – Alstom, global leader in smart and sustainable mobility,
Alstom announces the sale of its North American conventional signalling business. An important milestone in the implementation of the group’s deleveraging plan. 19 April 2024 – Alstom, global leader in smart and sustainable mobility, announced today that it has entered into a binding agreement with Knorr-Bremse AG to sell Alstom’s North American conventional signalling business for a purchase price of around €630 million1. This transaction is part of the comprehensive company action plan that...
State Street chief investment officer Lori Heinel believes a rate cut in June is "likely."
Norway's $1.6 trillion sovereign wealth fund underperformed its benchmark
Norway's $1.6 trillion sovereign wealth fund underperformed its benchmark
Norway's $1.6 trillion sovereign wealth fund underperformed its benchmark
Norway's $1.6 trillion sovereign wealth fund underperformed its benchmark
(Bloomberg) -- Norway’s $1.6 trillion sovereign wealth fund fell short of its benchmark in the first quarter, extending an underperformance seen in the final months of last year.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingElon Wants His Money BackSingapore Loses ‘World’s Best Airport’ Crown to QatarRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainNorges Bank Investment...
Norway’s $1.6 trillion sovereign wealth fund fell short of its benchmark in the first quarter, extending an underperformance seen in the final months of last year.