💨 Abstract
The Norwegian sovereign wealth fund has divested from 11 Israeli companies due to the ongoing humanitarian crisis in Gaza. The fund's managing entity, Norges Bank Investment Management, cited "extraordinary circumstances" and decided to transfer all remaining Israeli investments under direct management to strengthen due diligence. The fund plans to simplify its investment strategy in the region, reducing the number of firms monitored by its ethical council.
Courtesy: WTOP Staff
Suggested
AOL is finally shutting down its dial-up internet service -
Water polo players briefly leave the pool after shots fired near Under-20 World Cup game in Brazil -
Saved from militants, Timbuktu’s famed manuscripts return home after 13 years in Mali’s capital -
Why Niger is investigating the $5 million sale of the largest Mars rock found on Earth -
Israel plans to widen coming offensive beyond Gaza City into last areas not under its control -
What to know about the Putin-Trump summit in Alaska -
Half of Gen-Z job seekers have parents intervene. Career coach says don’t -
Prince Harry, Meghan and Netflix extend partnership for streaming programs -
Trump’s D.C. police takeover: The details -