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Norwegian Wealth Fund

All articles tagged with #norwegian wealth fund

business2 months ago•2 min saved

Norway Wealth Fund to Reject Elon Musk's $1 Trillion Tesla Pay Deal

Norway's sovereign wealth fund plans to vote against Elon Musk's proposed $1tn pay package at Tesla, citing concerns over its size and risk, amid divided shareholder opinions and upcoming votes on the incentive plan that could make Musk the world's first trillionaire.

via The Guardian|

#business #elon-musk #norwegian-wealth-fund

world4 months ago•3 min saved

Norway's $2 Trillion Fund Faces Criticism Over Caterpillar Divestment

The Norwegian sovereign wealth fund, the largest in the world, decided to divest from Caterpillar and Israeli banks due to ethical concerns related to conflicts in Gaza and the West Bank, prompting criticism from the U.S. government and political figures, while Norway emphasizes its decisions are independent and based on ethical guidelines.

via CNBC|

#caterpillar-exit #ethical-guidelines #geopolitical-impact