Plus, Trump’s stock market honeymoon, Germany’s ‘debt brake’, and Francis Bacon at the National Portrait Gallery ...

The financial collapse of Swedish electric battery maker Northvolt dealt a blow to Europe's plan to set up its own industry ...

Sweden’s ambitions of having a strong electric vehicle (EV) battery industry are overshadowed by the financial collapse of ...

In this major development, Goldman Sachs will be writing off a monumental amount of nearly USD 900 million. This amount to Rs ...

The Swedish company, whose motto is "make oil history", has received more than $10 billion in equity, debt and public ...

For Northvolt AB, the Swedish startup that became a poster child for Europe’s electric-driving future, the route to collapse ...

The rules are different in private equity. The Financial Times reported over the weekend that Goldman Sachs would write down its $900mn investment in troubled battery maker Northvolt to zero. Earlier ...

Swedish electric vehicle (EV) battery developer and manufacturer Northvolt has collapsed into administration, with at least ...

Volkswagen, Northvolt's top shareholder, has significantly written down its 21% stake in the Swedish battery cells maker that ...

It was Europe's flagship battery production. At least, it wanted to be. The Swedish company Northvolt was placed under ...

The report highlights the swift downfall of Northvolt, which, in a matter of months, went from being hailed as Europe's best ...