Norway Pulls Out of Israel

Norway’s sovereign wealth fund, the world’s largest, has sold all its shares in Israel’s Bezeq (BEZQ.TA), which provides telecoms services to the Israeli settlements in the occupied West Bank, it said late on Tuesday. The decision to divest comes after the fund’s ethics watchdog, the Council on Ethics, adopted a new, tougher interpretation of ethics standards for businesses that aid Israel’s operations in the occupied Palestinian territories.