Oil fund's new coal criteria exclude global trader

The world's largest investor, the Norwegian sovereign wealth fund, has excluded five companies and placed four under observation as a consequence of new rules for companies dealing in coal.
Photo: CHINA STRINGER NETWORK/REUTERS / X03234
Photo: CHINA STRINGER NETWORK/REUTERS / X03234

The executive board of Norges Bank, the central bank of Norway, now excludes five companies from the country's Government Pension Fund Global.

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