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Norway wealth fund posts record $213 billion profit in 2023, driven by tech stocks

Tech stocks contributed half of the fund s return, driven by a business breakthrough for artificial intelligence, an improvement in the general economic outlook and expectations for lower interest rates, the fund said.

Red seaDjibouti generalIsrael generalNicolai tangenNovo nordiskChina evergrande groupChina evergrandeNorway wealth fundRecord profitEconomic outlookInterest rates

Smoke and mirrors in the beef industry: Consumers, farmers suffer as meatpackers profit

Removal of labeling requirements has contributed to record profits for meatpackers, but consumers and producers are paying for it, writer says.

United statesWorld trade organizationNational cattlemen beef associationNational beefAmerican meat instituteMandatory countryOrigin labelingNorth american meat instituteNational cattlemenBeef associationNorth american free trade agreementAmerican beef labeling actStockyards actSpecial investigatorSenator grassleyCorporate consolidation

iTWire - TechnologyOne rolls on with consecutive profits, record SaaS fees

ERP Software as a Service (SaaS) provider TechnologyOne has announced its fourteenth consecutive year of record profit, record revenues, and record Sa.

United kingdomNew south walesCorruption commissionCommonwealth national antiDepartment of veteran affairsNet revenue retentionDigital experience platformLocal governmentThese local governmentNational anti corruption commissionSaas feesAsx tneRed chungRecord profitFinancial resultsDigital experience platform dxp

Mario-Themed Switch Console Proves a Hit for Nintendo in Japan

Mario-Themed Switch Console Proves a Hit for Nintendo in Japan
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Bank Windfall Profit Tax is Becomes a Swiss Political Discussion

With Swiss banks generating record profits in their interest-rate businesses, the topic of a windfall profit tax is back on the agenda. finews.com has made inquiries in Bern.

Simonetta sommarugaThomas aeschiSwiss people partySwiss bankers associationNational councilorEconomic affairsEnergy sector proposalSp national councillorSwiss national bankDemocratic partyWith swissPrime minister georgia meloniSocial democratic partyCouncilor simonetta sommarugaSwiss peopleFederal council