Norway’s sovereign wealth fund proposes cutting U.S. Treasury holdings
Norway's $2.3 trillion sovereign wealth fund has proposed cutting its government bond allocation from 70% to 50%, a shift that…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Putin says peace deal chance exists as Zelenskiy confirms US negotiators to visit Moscow and Kyiv
Russian President Vladimir Putin said Thursday there is a chance of reaching a deal to end the war in Ukraine,…
Oman rejects Iran’s Hormuz fee-sharing plan, single-sourced report says
Oman has rejected an Iranian proposal to jointly charge fees on ships crossing the Strait of Hormuz, according to a…
Volkswagen to cut around 50,000 jobs in sweeping restructuring plan
Volkswagen's supervisory board has approved a restructuring plan that will cut around 50,000 jobs group-wide and could close plants, after…
Vance: US won’t talk to Iran until Tehran stops attacking ships in the Strait of Hormuz
U.S. Vice President JD Vance said Washington will not negotiate with Iran until Tehran stops attacking commercial ships in the…
