The Norges Bank, Norway's central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023.Bloomberg | Bloomberg | Getty ImagesNorway's massive sovereign wealth fund on Wednesday posted first-half profit of 1.48 trillion kroner ($138 billion), primarily driven by robust returns on its investments in technology stocks.The so-called Government Pension Fund...
Hon Hai Group's headquarters in Taipei, Taiwan.Ceng Shou Yi | Nurphoto | Getty ImagesApple supplier Foxconn reported on Wednesday a 6% rise in second-quarter net profit, driven by strong AI server demand as the company touted "strong growth momentum" from the technology boom.The Taiwanese company, the world's largest contract electronics maker, said net...
In the rapidly evolving blockchain and crypto space, Fuse stands out as a pioneering platform committed to transforming financial systems. Fintech Review spoke with Mark Smargon, the CEO of Fuse to understand how their decentralized platform is making waves by providing cost-effective, scalable, and secure payment solutions. With a...
General view of the UBS building in Manhattan, New York City, on June 5, 2023.Eduardo Munoz Alvarez | View Press | Corbis News | Getty ImagesSwiss banking giant UBS on Wednesday smashed net profit expectations for the second quarter, as revenue came in higher than expected.Net profit attributable to...