Search…

Norway's sovereign wealth fund acquires $5.3 billion stake in a German power grid company.

24/09/2025

The Norwegian Oil Fund, owned by the Norwegian Central Bank, announced on Wednesday that it will acquire a 21.8% stake in German electricity transmission operator TenneT Germany for 4.5 billion euros.

Latest

3 m ago

STOXX 600 automotive index recovers from a 1.7% decline and turns higher.

4 m ago

European car stocks rise, with BMW, Mercedes, and Volkswagen up 2% in Frankfurt, and Porsche up 1.4% in Frankfurt. On the news front, the United States officially lowered tariffs on EU cars.

7 m ago

The Nasdaq China Golden Dragon Index has expanded its gains and is currently up 4%. Among the popular Chinese concept stocks, Alibaba has risen by more than 10%, Baidu by more than 9%, JD.com by more than 7%, 51job by 16%, and Daqo New Energy by 13%.

7 m ago

The Nasdaq China Golden Dragon Index has expanded its gains, now up 4%. Among the popular Chinese concept stocks, Alibaba is up more than 10%, Baidu is up more than 9%, JD.com is up more than 7%, Wanguo Data is up 16%, and Daqo New Energy is up 13%.

8 m ago

Zhongci Electronics: The silicon carbide chip wafer process line is in the stage of product upgrade and customer introduction.

See all latest

+852 - 60190728

gmteight@futurecultural.com

Customer Support

Commercial Services