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 ...

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

The Swedish manufacturer has long been a favorite among Western investors, securing over $15 billion in funding from ...

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

The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.

Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in Swedish battery ...

Goldman Sachs (NYSE:GS) will take a nearly $900M hit after Swedish EV battery maker Northvolt filed for chapter 11 bankruptcy ...

Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed ...

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