In a remarkable display of financial acumen and market responsiveness, Norway’s sovereign wealth fund, known as the Government Pension Fund Global, reported a staggering full-year profit of 2.5 trillion kroner (approximately $222.4 billion) for 2024. This achievement not only marks a significant fiscal victory but also surpasses the previous year’s record profit of 2.22 trillion
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As the world grapples with a stark rise in temperatures since 2023, the resulting consequences are echoing throughout the globe—manifesting in devastating phenomena such as wildfires in Los Angeles and catastrophic floods in Valencia. This sustained and alarming climb in global temperatures has mobilized scientists, who are racing to uncover the underlying causes. A significant
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On Tuesday, Starbucks unveiled its latest performance figures, which revealed a troubling pattern: same-store sales have dipped for the fourth consecutive quarter. This downward trend, indicating a sustained struggle for the coffee chain, was juxtaposed with a sense of optimism as earnings and revenue exceeded Wall Street’s forecasts. Despite the challenges faced in the U.S.
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China’s artificial intelligence (AI) sector has long been viewed through a lens of skepticism from international investors. Recent developments, particularly with the emergence of companies like DeepSeek, have begun to shift this perception significantly. DeepSeek’s entrance has not only startled investors but has also caused ripples across the U.S. stock market, which has predominantly relied
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In March 2023, a distressing event occurred at Sheffield Children’s Hospital that has since raised numerous ethical and professional questions regarding patient care and bereavement practices within healthcare institutions. The family of five-year-old Muhammad Ayaan Haroon, affectionately known as Ayaan, reported a harrowing experience during the final moments of their child’s life, which not only
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In an unprecedented move, the Medicaid reimbursement portals across all 50 states experienced a significant outage on Tuesday, following a federal funding freeze mandated by the Trump administration. This disruption in service has serious implications for the healthcare system, as it puts at risk the financial stability of numerous healthcare providers. Notably, Senator Ron Wyden
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