Norway suspends $2.1tn oil fund’s ethics rules to avoid selling Big Tech stakes
Market Intelligence Analysis
AI-PoweredNorway has suspended its ethics rules for its $2.1 trillion oil fund to avoid selling shares in Big Tech companies like Amazon, Microsoft, and Alphabet due to their involvement with Israel. This move is seen as a way to avoid forced divestment of these shares. The decision is likely to be met with mixed reactions from investors and stakeholders.
Market impact analysis based on neutral sentiment with 70% confidence.
Article Context
Jens Stoltenberg says move will avoid forced sale of shares in Amazon, Microsoft and Alphabet over their work for Israel
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