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Norway wealth fund to vote against Chevron CEO being chair

Norway's $1.4 trillion sovereign wealth fund, the world's single largest stock market investor, said on Friday it would vote against CEO Mike K. Wirth continuing as chair of the board at oil major Chevron.

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Norway wealth fund to vote against Chevron, ExxonMobil CEOs being chairs

Norway's $1.4 trillion wealth fund said on Friday it would vote for resolutions urging oil majors Chevron and ExxonMobil to adopt tougher greenhouse gas reduction targets.

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Sticky US inflation reawakens rate hike fears

Things are really heating up in the American tech sector, which benefits the Nasdaq 100 and the S&P 500, but elsewhere, the mood is not exactly festive. The Dow Jones is lagging, European markets are dragging their feet, the UK is sinking further into a deep crisis with Gilts drifting, Germany is officially entering recession, Beijing is struggling to turn its economy around, and oil is down around 3%. New data shows US inflation is proving resilient. Here's the overall picture for this final session of the week. | 09:27am

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