15 h. ago UK’s National Wealth Fund seals £1.35bn loan to build North Sea power cables

Energy firm ScottishPower is building offshore cables to carry wind power from Scotland to England, in a move ministers say will bring down bills.

Economics

22 h. ago Trump’s sovereign wealth fund idea is born of envy rather than sense

Unlike Middle Eastern kingdoms, the US is a debtor nation

Politics

3 d. ago World's biggest investor managing $1.8TRILLION reveals his strategy for dealing with Trump's tariffs

Nicolai Tangen, the chief executive of Norges Bank Investment Management - Norway's $1.8 trillion sovereign-wealth fund - revealed how he is grappling with Trump-imposed tariffs.

Economics

8 d. ago Carney gave a eulogy for Canada’s old relationship with the US. Now he must redefine it

Prime minister pledges to reduce country’s reliance on US trade – but must navigate competing visions for the futureCanada election live – latest updatesIn his victory speech early on Tuesday, Mark Carney wasted little time calling both for a dramatic reshaping of his government’s relationship with the United States, arguing that threats from Donald Trump cast doubt Canada’s ability to function as a “free, sovereign, and ambitious” nation.The former central banker and investment executive had for months focused his electoral campaign on the threats from Canada’s largest trading partner and longtime political ally. Continue reading...

Politics

1 week ago I saved $36,000 by not buying anything new – here are seven reasons you should do the same

Life was genuinely better once I got off the consumerist hamster wheel, and it could be for you tooIn 2013, I thought: “Hey, wouldn’t it be FUN to see if I could buy nothing new for an entire month?” (which, I recognize, is not most people’s idea of fun). And, thus, my no new things challenge was born.At first, the premise scared the crap out of me. I thought I would be chomping at the bit for the one-month mark to arrive. But the challenge welcomed so many incredible benefits and ushered so much ease into my life that I carried on – for nearly two years. Yep, 683 days of shopping my own closet, gifting experiences and thoughtful secondhand finds, outfitting my life with creative upcycles, and thoroughly enjoying an inbox free from constant promotions and receipts. Continue reading...

Economics

2 w. ago Kuwait’s sovereign wealth fund sues over City of London skyscraper

Willis Building owner says tower at 50 Fenchurch Street will obstruct light

Economics