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

At least eight companies have postponed or abandoned EV battery projects in Europe this year, including China's Svolt and ...

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

Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant ...

European markets are expected to open higher on Friday. The U.K.'s FTSE 100 index is expected to open 33 points higher at ...

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 ...

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

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 CEO Peter Carlsson, who has led the startup since 2016, ...

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