World's largest sovereign wealth fund posts $110 billion in first-quarter profit as tech stocks surge
Norway’s giant sovereign wealth fund on Thursday reported first-quarter profit of 1.21 trillion kroner ($110 billion).
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Bank of England to cut rates in May, Morgan Stanley says, retaining contrarian call
Morgan Stanley says that the Bank of England will cut interest rates as soon as May, in a notable sign of optimism amid waning market sentiment.
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BP trims down executive team, picks new head of its gas and low carbon energy business
British oil major BP on Thursday trimmed the size of its executive team down to 10 members.
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Tim Cook visits Singapore amid Apple's Southeast Asia expansion efforts
Tim Cook will meet with Singapore’s next leader to conclude a whirlwind tour around Southeast Asia as Apple expands in the region.
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After chip breakthrough, Huawei launches fresh lineup of phones to challenge Apple in China
Huawei launched the Pura 70 series of smartphones on Thursday in a bid to continue its resurgence in China and ramp up its challenge to Apple in the market.