Sweden's Northvolt sells site meant for battery plant as reviews expansion COPENHAGEN, Sept 6 (Reuters) - Lithium-ion battery maker Northvolt said on Friday it had agreed to divest an industrial site in central Sweden that was originally intended to support its expansion as it undertakes a review of its growth plans. Northvolt said in 2022 it had agreed to buy an old paper mill in Sweden's Borlange which it would turn into a plant with a potential annual production of more than 100 gigawatt-hour

PRESS DIGEST-British Business - September 6 Sept 6 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - British pension funds are among the worst in developed economies for backing their home stock market, according to research that will fuel the debate about reform of UK retirement pots to boost the London Stock Exchange.

Japanese cars, beer gain ground in S.Korea as relations thaw Japanese car sales in S. Korea rise 31% in August as EV fires boost interest for hybrid cars S. Korean people's tours to Japan hit a record high this year S. Korea's imports of Japanese beer, whisky surge By Hyunjoo Jin SEOUL, Sept 6 (Reuters) - Japanese products, from cars to beer, whisky and clothes, have been rising in popularity in South Korea, rebounding from consumer boycotts in 2019 on the back of improving bilateral relations a

BMW plans to bring its first hydrogen car onto the market from 2028 BERLIN, Sept 5 (Reuters) - BMW BMWG.DE aims to bring its first hydrogen-powered vehicle onto the market in 2028, using fuel cell technology developed with Toyota Motor Corp 7203.T , the German carmaker said on Thursday. The company said the vehicle would be an existing model with a hydrogen fuel cell drive option, without giving further details.

UK Stocks-Factors to watch on Sept. 5 Sept 5 - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.19% * ROLLS ROYCE: Airbus AIR.PA and Rolls-Royce RR.L are preparing to brief airlines on the fallout from an engine emergency that prompted Cathay Pacific to review its fleet of A350s as pressure from airlines mounts for clarity, two people familiar with the matter said.