Lars Eriksson 
Nokia started trading today as the top component of the Euro Stoxx 50, taking the place of Volkswagen and Wolters Kluwer, which each fell less than 1%. Engie also entered the index but its shares declined. In a related move, Barclays entered the Stoxx Europe 50 index, with its shares moving higher.
Trustpilot Group Plc CEO Adrian Blair said that increasing demand from major brands to improve their visibility in AI-powered searches resulted in a 35% rise in large customers on the platform during the first half of the year.
In an interview, Nicolai Tangen, head of Norway’s $2.3 trillion Government Pension Fund Global, said that the fund expects more challenging market environments ahead. He highlighted the fund’s risk‑aware strategy and suggested that Germany could adopt similar prudent investment practices.
In an interview, Nicolai Tangen, head of Norway’s $2.3 trillion sovereign wealth fund, said that harder times are certain for financial markets and described why today’s market situation is especially risky. He also suggested that Germany could learn from Norway’s investment strategy in dealing with the upcoming challenges.
Hong Kong-based luxury goods dealer New Sparkle Roll International Group Ltd is considering selling its stake in Danish audio brand Bang & Olufsen, according to people familiar with the matter.
CoinShares said that the recent flows into Bitcoin funds indicate that investors are trading the Federal Reserve’s potential September rate hike rather than abandoning Bitcoin, even as the cryptocurrency struggles to break the $80,000 level.
Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, intends to cut its exposure to U.S. government bonds dramatically. With a total asset base of about $2.3 trillion, the fund will reallocate the proceeds into other bond categories, reflecting a strategic shift in its fixed‑income portfolio.
The Novo Owner foundation, which controls Novo Nordisk, announced a $62 million investment to construct a quantum chip manufacturing plant in Copenhagen, marking a significant European entry into the emerging quantum technology sector.
NBIM suggested an overhaul of its bond portfolio, specifically cutting U.S. Treasury exposure, to boost the returns of Norway’s $2 trillion oil fund, and presented the proposal to the Ministry of Finance.
Oura Inc., the maker of health and fitness rings, has filed for a US IPO as its revenue has sharply increased, although the company’s losses are also growing.