Nothvolt number one and number two shareholders, namely Volkswagen and Goldman Sachs, will write down their stake in the ...

The write down reflects the challenges faced by Northvolt, including missed production targets and a slower-than-expected ...

Plus, Northvolt’s bankruptcy leads to investor losses and Blackstone teams up with energy giant in new financing deal ...

Peter Carlsson, the CEO and co-founder of Northvolt, quit the company last week and in doing so revealed that it needed a ...

At the end of 2023, Volkswagen reported the book value of its shareholding in the Swedish firm at 693 million euros (USD 726 ...

Swedish battery company Northvolt’s bankruptcy filing could affect Canadian pension plans, even though its subsidiary’s ...

Volkswage has significantly written down its 21% stake in Northvolt that filed for bankruptcy protection in the U.S. last ...

HSBC downgraded Wall Street banks Goldman Sachs (NYSE:GS) and Morgan Stanley (NYSE:MS) to Hold from Buy as the stocks' recent rallies have more than reflected their improved fundamental outlooks. As ...

While all bedrooms may be different, there are usually a few universal details. For starters, there always seems to be "the ...

A local manufacturing facility is set to permanently close, according to a WARN notice. On Jan. 22, 2025, the idX plant in ...

Export credit agencies (ECAs) from France, Germany and Japan have US$668mn of exposure to Swedish battery maker Northvolt, ...

Trump Vows to Hit Mexico, Canada and China With Tariff on Day 1 President-elect Trump promised a 25 percent tariff on Canada and Mexico, and an additional 10 percent on China, blaming the flow of ...