Bussiness

Saudi Arabia’s STC Group to become Telefonica top shareholder with…

Posted by September 5, 2023

The logo of Spanish Telecom company Telefonica is seen next to a traffic ligth at its headquarters in Madrid, Spain, May 12, 2021. REUTERS/Sergio Perez/File Pho

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Breakingviews – Shelved port deal will test Temasek’s private push

Posted by July 13, 2023

SINGAPORE, July 13 (Reuters Breakingviews) - Temasek is having a bad weather week. The Singaporean investor’s wholly owned port operator PSA International is

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Countries repatriating gold in wake of sanctions against Russia, study…

Posted by July 10, 2023

LONDON, July 10 (Reuters) - An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on

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Norway’s sovereign wealth fund acquires 16.6% stake in German offshore…

Posted by March 23, 2023

OSLO, March 23 (Reuters) - Norway's $1.3 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday it had agreed to buy a 16.6% sta

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Exclusive: Malaysia’s Edotco, backers plan stake sales in hot telco…

Posted by March 10, 2023

SINGAPORE, March 10 (Reuters) - Asia-focused telecoms tower firm Edotco Group, its Malaysian parent Axiata (AXIA.KL) and a Japanese backer are in talks with inv

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Saudi Arabia’s PIF says U.S. stocks value falls nearly $6…

Posted by February 14, 2023

DUBAI, Feb 14 (Reuters) - Saudi Arabia's sovereign Public Investment Fund held $30.9 billion worth of U.S. stocks at the end of 2022, down from $36.8 billion at

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Saudi Arabia includes Diriyah tourism project in PIF’s portfolio -SPA

Posted by January 9, 2023

RIYADH, Jan 9 (Reuters) - Saudi Arabia has included a Diriyah tourism project in the portfolio of its sovereign wealth fund, the Public Investment Fund (PIF), t

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Exclusive: Temasek’s PSA evaluates multi-billion dollar exit from Hutchison Ports-sources

Posted by December 9, 2022

SINGAPORE, Dec 9 (Reuters) - Port operator PSA International, fully owned by Singapore state investor Temasek Holdings, is considering selling its multi-billion

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EXCLUSIVE KKR raises $6 bln for biggest Asia infrastructure fund…

Posted by October 28, 2022

SINGAPORE, Oct 28 (Reuters) - KKR & Co Inc (KKR.N) has raised nearly $6 billion for its second Asia Pacific infrastructure fund at the first-close, marking

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After high profile sacking, UK civil servants fear for jobs…

Posted by September 27, 2022

Civil servants are fearfulMight feel unable to speak 'truth unto power'Some leave their positions, looking for new jobsLIVERPOOL, England, Sept 27 (Reuters) - "

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