Volvo 'will pay Northvolt almost nothing,' not 'will not pay Northvolt,' in the headline and paragraph 1, and to say ...

Volvo Cars will not pay Northvolt any money for its 50% stake in their Novo Energy battery venture, which it had agreed to acquire, the automaker's quarterly report said on Thursday.

Cerruti will retain his role as chairman of the board of the Canadian entity, the statement said, adding that "Paolo will continue to support the growth and success of Northvolt North America from ...

The Connecticut company’s long-lived logo is now getting a new look tailored for the future and the dramatic shift to digital ...

This is a summary of a request from the Official Committee of Unsecured Creditors of Northvolt to hire Akin Gump Strauss Hauer & Feld as counsel, filed Jan. 13 with the U.S. Bankruptcy Court in ...

Northvolt, considered Europe's best chance to create an EV battery champion, downsized drastically last year and filed for U.S. Chapter 11 bankruptcy on Nov. 21 after financing talks with ...

European markets were stronger Thursday as investors assessed a rate cut from the Bank of England and a flurry of earnings.

Just one week after the Trump administration initiated a near-total freeze of U.S. foreign aid, the future of the U.S. Agency for International Development — the agency at the heart of America ...

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2-Year U.S. Treasury Note Continuous Contract $102.730-0.082-0.08% 5-Year U.S. Treasury Note Continuous Contract $106.344-0.047-0.04% 10-Year U.S. Treasury Note Continuous Contract $108.875 0.031 ...

Healthcare & Pharmaceuticalscategory Novo's Ozempic, Wegovy picked for US Medicare price negotiations January 17, 2025 Healthcare & Pharmaceuticalscategory Outgoing FDA chief flags online weight ...

The collapse of electric vehicle battery manufacturer Northvolt serves as a cautionary tale about the perils of unchecked ambition and overly aggressive expansion. But it also highlights the learning ...