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

Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...

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

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

SINGAPORE (Reuters) — Bonds rallied, U.S. stock futures rose and the dollar eased in early trade on Monday as investors ...

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

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

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

Despite receiving over $10 billion in various forms of financing since its inception in 2016, Northvolt's inability to secure ...

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

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 ...