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

The European Central Bank's monetary policy is not set to remain too restrictive for too long, the institution's chief ...

Swedish battery manufacturer Northvolt last week filed for bankruptcy, one day after Ford announced 4,000 job cuts in Europe ...

Green industrial policy is failing in Europe, a warning to the next Trump Administration.

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

Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...

Northvolt's struggles emphasize obstacles in Europe's quest to cultivate a homegrown EV battery industry amidst bureaucratic and technical difficulties. The company's ongoing efforts to complete ...

This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...

German auto-parts giant Robert Bosch announced plans to cut up to 5,550 jobs across its operations, citing challenges from ...

Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...

Northvolt's US unit files for Chapter 11 bankruptcy protection ... As automakers continue to scramble for battery raw ...

The Swedish EV battery manufacturer, Northvolt AB, and certain of its subsidiaries voluntarily filed for Chapter 11 ...