Norway’s sovereign wealth fund, the world’s largest, rose 692 billion kroner ($115 billion) last year as stocks rallied, forcing it to pare its equity holdings for the first time ever to comply with risk mandates.
AT&T Inc. executives huddled with small groups of investors in Barcelona this week to discuss their willingness to own cable assets and stretch their balance sheet for big investments in mature economies like those in Europe, said people with knowledge of the matter.
How do you create a $15 billion company in an industry that gives its primary product away? Line Corp. did it by getting smartphone users to pay for teddy bear icons and games with cute cookies and wicked witches.
Tesla Motors Inc., propelled by praise from Consumer Reports and plans to build a better battery and expand in Asia, has cemented its place as the highest-flying automobile stock in at least two decades.
Mexico wants to strengthen ties with China to take advantage of the nation’s growth after the world’s second-largest economy invested more in Central and South America in recent years, according to Mexico’s top diplomat.
Tesla Motors Inc.’s plan to build what co-founder Elon Musk bills as the world’s largest battery factory could shake up the power industry and trigger a bidding contest between states eager for the 6,500 jobs the $5 billion investment could create.