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EXCLUSIVE Private equity bet on troubled Caribbean refinery blows up on retirement funds

U.S. private equity firm Arclight Capital Partners LLC, which invests the retirement savings of Maine teachers, NFL football players and Mayo Clinic doctors, lost hundreds of millions of dollars betting on a troubled Caribbean oil refinery, according to sources and documents reviewed by Reuters. ....

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Orsted plans $57 bln drive to be No.1 in green energy

Orsted (ORSTED.CO), the world's largest offshore wind farm developer, is ramping up its investment in renewables to $57 billion by 2027, seeking to become a global leader in green energy and fend off growing competition. ....

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Oil and gas stocks carry $126 bln cost for Norway's sovereign fund - research

Norway's sovereign wealth fund missed out on $125.8 billion in potential returns over a three year period by investing in oil and gas rather than green stocks, according to research from Global SWF, an industry data specialist. ....

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The Handmaid's Tale recap: Season 4, Episode 8, "Testimony"

Photo: Sophie Giraud/Hulu
From my extremely limited understanding of Emmy eligibility rules, “Testimony” falls under the “hanging episodes” rule that states that episodes aired after the May 31 deadline can still be considered as long as the screeners were available before that date. Which is great news for the cast of
The Handmaid’s Tale because this is clearly the Emmy clip episode especially for Elisabeth Moss, who has been treating this season like a greatest hits montage.
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We have another banger on our hands in a very strong season of the most emotionally exhausting show on my rotation. Even ....

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Norway's $1.3tn wealth fund unlikely to replicate past growth, chief executive says

But that is unlikely to continue, Mr Tangen told Reuters.
Now we have record low interest rates and record-high stock markets. With record-low interest rates, they are unlikely to go down further, Tangen said, adding that the relationship between risk and return was now different, for both bonds and stocks.
So we are extremely unlikely to have any kind of repeat of the last 25 years, he added.
When it first became a sovereign wealth fund it only invested in government bonds, with corporate bonds, stocks and real estate added later. Last year, the fund was allowed to take direct stakes in renewable projects. ....

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