PRESS DIGEST- Financial Times - August 26
Aug 26 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Headlines
- Norway's oil fund sells Caterpillar stake over Israeli allegations
- Porsche shelves plans to produce own batteries as EV demand slumps
- Data centre developers explore linking up to UK gas pipelines
Overview
- Norway's $2 trillion wealth fund, the world's largest, said on Monday it has divested from U.S. construction equipment group Caterpillar CAT.N as well as five Israeli banking groups on ethics grounds.
- German carmaker Porsche AG P911_p.DE has scrapped plans to produce high-performance batteries at its Cellforce unit, citing slow demand for electric vehicles and changed conditions in China and the United States.
- Developers looking to set up big data centres in Britain are exploring linking them up to the UK's main gas pipelines, as a boom in the industry triggers a rush for energy access.
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