Social Responsibility

In 2020, Kristina Knighten, 38, and her husband Paul Cordier, 46, finalized the purchase of their picturesque home overlooking Lake Iseo in Italy. They purchased this charming two-bedroom residence for €23,000 (approximately $24,973 USD). Describing their new home, Knighten shares with CNBC Make It, "It's the kind of house you picture as a kid, complete with a gable roof, center door, and quaint upstairs windows. It's ideally located, just steps from both the train station and the lake, and it almost seems too good to be true." The duo began the renovation in March this year, anticipating costs of around…

Norway’s government pension fund Global, the world’s largest sovereign wealth fund, posted a staggering profit of $138 billion in the first half of the year. This strong performance was driven primarily by strong returns in technology stocks, as investors flocked to the sector amid the burgeoning artificial intelligence (AI) revolution. The fund’s equity portfolio delivered an impressive 12.5% ​​return, underlining the impact of AI-related investments on its overall performance. However, the fund also faced challenges in other sectors, with its unlisted renewable energy infrastructure portfolio posting a negative 17.7% return due to rising capital costs. Despite this year’s solid performance,…

Following their release, former Israeli hostages are now facing the difficult process of rebuilding their lives. They are actively involved in advocating for the release of others still held in Gaza, while honoring the memory of those tragically lost in captivity. Their stories of resistance and hope continue to inspire a nation bound by complex geopolitical conflicts. These individuals, once bound to the harsh conditions of captivity, have returned to a reality that requires immense personal adjustment and resilience. Many of them have undertaken public speaking engagements, sharing their harrowing experiences to raise awareness and foster support for the ongoing…

In a significant philanthropic effort, the Bank of England recently announced that auctions featuring the first series of banknotes featuring the portrait of King Charles III successfully raised £914,127 (about $1.17 million) for various charities. These auctions, which included £5, £10, £20 and £50 notes, were held throughout the summer and saw considerable bidding activity. A highlight of the auctions was the sale of a £50 note, which fetched a record £26,000, while a £10 note with serial number HB01 00002 sold for an impressive £17,000. The proceeds from these auctions were distributed among the Bank of England’s designated ‘Charities…