Norway’s oil fund earns $143 billion in first half of 2023

Norway’s sovereign wealth fund, the world’s largest, reported a 10% return, or $143 billion, in the first half of 2023, recovering from one of its worst years ever. The fund,…

NNR August 16, 2023

Analysis: U.S. Treasury’s Proposed Rule to Curb Anonymous Luxury-Home Purchases Aims at Curbing Money Laundering

The U.S. Treasury Department's forthcoming rule to end anonymous luxury-home purchases marks a significant step in the ongoing battle against money laundering and the illicit concealment of funds. This proposed…

NNR August 11, 2023

Gemfields to triple ruby processing capacity in Mozambique with new plant

LONDON, UK: Gemfields, a global leader in the mining and marketing of coloured gemstones, has announced that it will build a new processing plant at its Montepuez ruby mine in…

NNR August 7, 2023

Indosuez Wealth Management to acquire majority stake in Bank Degroof Petercam

PARIS, FRANCE: Indosuez Wealth Management, a subsidiary of the Crédit Agricole group, has announced an agreement with a view to acquiring a majority stake in Bank Degroof Petercam, a leading…

NNR August 4, 2023

The Office of Rail and Road proposes new charge for open access rail services to airports

LONDON, UK: The Office of Rail and Road (ORR), the independent regulator of Britain’s railways, has today published its proposal to allow Network Rail to charge open access rail services…

NNR August 1, 2023

Barkby Group completes disposal of Workshop Coffee

LONDON, UK: Barkby Group (AIM: BARK) has completed the disposal of Workshop Trading Holdings Limited, trading under the Workshop Coffee brand by way of a management buyout ("MBO"). The disposal…

NNR August 1, 2023

KOC’s Project Of Visual Flame Detection Systems

The installation of a CCTV visual flame detection system for the Kuwait Oil Company (KOC) pipeline from NTF to North Pier has been successfully finished, according to Aesthetix. Aesthetix employed…

NNR July 22, 2023

DNB Bank to buy back up to 1.5 percent of its own shares

OSLO, NORWAY: DNB Bank ASA, Norway’s largest financial services group, announced on Monday that it will buy back up to 1.5 percent of its own shares, or 23.1 million shares,…

NNR July 17, 2023

Magnora and Gamcap make significant progress in developing solar PV and BESS in the UK

OSLO, NORWAY: Magnora ASA (Magnora) and UK-based renewable energy developer Gam Capital Limited (Gamcap) have announced a joint operation to develop and finance a portfolio of utility-scale solar PV and…

NNR July 17, 2023

How to Buy Marijuana Plants Seeds in Pakistan

If you are looking for a way to buy marijuana seeds in Pakistan, you might be wondering about the legal risks and the best sources to get quality seeds. In…

NNR July 14, 2023

Pension SuperFund Capital eyes 70 pence/share takeover of STM Group

LONDON, UK: Pension SuperFund Capital, a pension risk transfer specialist, has reached an agreement in principle with STM Group, a cross border financial services provider, on the key terms of…

Bernice Miles July 11, 2023

Christie Group chief executive David Rugg steps down after 35 years

LONDON, UK: Christie Group plc, the leading provider of professional business services to the leisure, retail and care sectors, has announced that its long-serving chairman and chief executive David Rugg…

NNR July 11, 2023