The head of the world’s second-largest sovereign-wealth fund is expecting things to get worse.
“I’m not optimistic,” said Nicolai Tangen, chief executive of Norges Bank Investment Management, a nearly $1.3 trillion fund that invests Norway’s oil wealth. “And I’m an optimistic man.”
Mr. Tangen, spe
Farallon has nominated three directors to the board of Exelixis, which develops cancer-fighting drugs.
Beijing is holding back its required green light for mergers that involve American companies as a technology war with Washington intensifies.
All those tech layoffs are starting to show up in employment statistics, but they still show little sign of spreading to other sectors.
