Norway's pension fund snubs

The Norges Bank-managed state pension investment fund has reportedly blacklisted several large international corporations, including the world's largest retailer Wal-mart, for "alleged human rights and labour abuses."

"The main reason is not to contribute to unethical investments so the Norwegian people can sleep better at night," said Gro Nystuen, leader of a national council of ethics that oversees the fund's investments in up to 4,000 companies worldwide.

The council periodically reviews in

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