Northvolt AB filed for bankruptcy protection in the US after a desperate bid to secure rescue funding fell short, leaving the ...
Needham&Co. began coverage of Foot Locker (NYSE:FL) and Skechers USA Inc (NYSE:SKX) stocks on Friday, assigning them Buy and Hold ratings, respectively.
Nike paid tribute to retiring tennis star Rafael Nadal ahead of his final match, by projecting the Spaniard's image near the Eiffel Tower 30 things Americans consider normal but no one else ...
Funds managed by Goldman Sachs Asset Management are set to write off almost $900 million on investments in Swedish battery ...
As the share leader in most countries, Nike is positioned to benefit. As a worldwide business, Nike has felt the effects of issues like the war in Ukraine, shipping delays, currency volatility ...
Northvolt calls its liquidity situation "dire" Operations to continue during restructuring, expected completion by Q1 2025 Scania lends $100 million for bankruptcy process Nov 21 (Reuters ...
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles. By Jack Ewing and Melissa Eddy Jack Ewing reported from New York and Melissa Eddy ...
2:45 Legault government grilled over Northvolt following massive layoffs Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the ...
STOCKHOLM, Nov 22 (Reuters) - Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.
Beleaguered Swedish battery manufacturer Northvolt announced today that it was filing for bankruptcy in the U.S., striking a blow to Europe’s ambitions for homegrown lithium-ion batteries.
Northvolt said it has only enough cash to support operations for about a week and said it has secured $100 million in new financing for the bankruptcy process. It said operations will continue as ...
(Bloomberg) -- Northvolt AB filed for bankruptcy protection in the US after failing to secure a lifeline for its battery-cell business in a faltering market for electric vehicles. The Swedish company ...