06:13 AM EDT, 09/04/2024 (MT Newswires) -- Norway's sovereign wealth fund could look into RTX (RTX), General Electric, and General Dynamics ( GD ) and potentially divest stakes in companies found to be in violation of its ethics standards, Reuters reported late Tuesday, citing a letter from the fund's ethics council.

The fund's ethics council sent a letter to Norway's finance ministry last week to detail the recently expanded definition of unethical corporate behavior, the report said.

The letter did not name specific companies but non-governmental organizations had claimed that RTX, General Electric, and General Dynamics ( GD ) make weapons used by Israel in its operations in Gaza, the report said.

RTX, General Electric, General Dynamics ( GD ), and Norway's sovereign wealth fund did not immediately respond to MT Newswires' requests for comments.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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