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Norway’s sovereign wealth fund boosted tech stock holdings

BLOOMBERG Norway’s $1.6 trillion wealth fund added to its bets in the biggest technology companies last year after interest in artificial intelligence drove a surge in the sector. The fund, the world’s single-biggest owner of publicly listed stocks, raised its holdings in Apple Inc, Microsoft Corp, Alphabet Inc, Amazon.com Inc, according to a list of holdings Norges Bank Investment Management ...

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Stocks muted before major earnings test for Wall Street

BLOOMBERG European stocks and US futures kept to small ranges as investors looked forward to a rush of major earnings for insights on whether the record-breaking rally on Wall Street can continue. Europe’s Stoxx 600 crept to a new two-year high as media and travel and leisure stocks led gains. US equity futures were steady after another record close on ...

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UAE takes part as part of 14th GFMD Summit’s Troika

DUBAI / WAM The UAE, represented by the Ministry of Human Resources and Emiratisation (MoHRE), participated in the 14th Global Forum on Migration and Development (GFMD) Summit in Geneva, Switzerland, held under the theme ‘The Impact of Climate Change on Human Mobility,’ alongside France — the current chair of the Forum — and Colombia — the upcoming chair. The three-day ...

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