Despite UK economic slowdown, Sterling has raised against dollar
Sterling rose against the dollar and edged up on the euro. This is despite official data showing Britain’s economy grew more slowly than previously thought before the recent Omicron variant surge in COVID cases. Official data shows that the British gross domestic product grew by 1.1% in the third quarter between July and September. This […]
Norway wealth fund diverts from China’s Yunnan Baiyao over pangolins
Norway’s $1.4 trillion wealth fund has divested from Chinese pharmaceutical firm Yunnan Baiyao. They say that this decision was because the company uses and sells body parts from pangolins, which is an endangered species. The fund also said that it had put Marfrig Global Foods, under observation for possible exclusion from its investments for contributing […]