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U.K. to Probe Greensill Contracts, Lobbying Amid Cameron Furore

Johnson Urges Quick Inquiry as Greensill-Cameron Row Grows Bloomberg 9 hrs ago Alex Morales and Kitty Donaldson © Bloomberg The building housing the headquarters of Greensill Capital in London, U.K., on Wednesday, March 3, 2021. Greensill is in the process of filing for insolvency in the U.K. after a swift crisis of confidence deprived it of major buyers of the loans it made and regulators stepped in to oversee its German bank. (Bloomberg) Prime Minister Boris Johnson said the results of an inquiry he ordered into how the now insolvent Greensill Capital secured U.K. government contracts should be published “quickly” and presented to Parliament.

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Angela Merkel: Por qué los políticos nunca piden perdón | Ideas

Angela Merkel: Por qué los políticos nunca piden perdón | Ideas
elpais.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elpais.com Daily Mail and Mail on Sunday newspapers.

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Norway Wants Its Wealth Fund to Stop Adding Emerging Markets

Norway Wants Its Wealth Fund to Invest in Fewer Companies Bloomberg 2 hrs ago © Bloomberg The wealth fund said it intends to become a global leader in sustainable investing. (Bloomberg) Norway’s $1.3 trillion wealth fund may be forced to exclude a number of stocks as the government seeks to adjust the portfolio by imposing the same ethical and environmental standards across its investments. Popular Searches The world’s biggest sovereign investment vehicle should follow a revamped set of guidelines that could result in a 25-30% reduction in the number of companies it holds, Finance Minister Jan Tore Sanner said in a speech on Friday. Companies in the portfolio will be cut to 6,600 from 8,800, though those represent only about 2% of the total market value, Sanner said in an interview. The plan includes not adding any more emerging markets to the index it tracks.

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Norway Wants Its Wealth Fund to Invest in Fewer Companies

Norway Wants Its Wealth Fund to Invest in Fewer Companies
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Why Shortages of a $1 Chip Sparked Crisis in Global Economy

Why Shortages of a $1 Chip Sparked Crisis in Global Economy Bloomberg 4/6/2021 (Bloomberg) To understand why the $450 billion semiconductor industry has lurched into crisis, a helpful place to start is a one-dollar part called a display driver. Hundreds of different kinds of chips make up the global silicon industry, with the flashiest ones from Qualcomm Inc. and Intel Corp. going for $100 apiece to more than $1,000. Those run powerful computers or the shiny smartphone in your pocket. A display driver chip is mundane by contrast: Its sole purpose is to convey basic instructions for illuminating the screen on your phone, monitor or navigation system.

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