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Norway wealth fund holds $1.2 bln stake in SpaceX

It held a 1.28% stake worth $62 billion in Nvidia, a 1.24% stake worth $52 billion in Apple, a 1.17% stake worth $50 billion in Alphabet, a 1.27% stake worth $35 billion in Microsoft and a 1.7% stake worth $34 billion in Taiwan Semiconductor Manufacturing, fund data showed.

Norway wealth fund holds $1.2 bln stake in SpaceX

We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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Asiana Shareholders Approve Korean Air Merger

The agenda for Asiana Airlines to be absorbed and merged into Korean Air was passed with overwhelming approval at the general meeting of shareholders.

  • Asiana Airlines shareholders approve merger with Korean Air on August 12.
  • 99.3% of shareholders approve merger agreement, signed May 14.
  • Integrated Korean Air set to launch December 17, 2023.

More from Wednesday 12 August →