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Billion-dollar amounts at stake in Northvolt's crisis

Subcontractors to the battery manufacturer Northvolt, which last week applied for bankruptcy protection in the USA, have claims totaling 2. 5 billion kronor against the company.

Billion-dollar amounts at stake in Northvolt's crisis

Northvolt in crisis - "Dialogue is ongoing"

The crisis-stricken battery manufacturer Northvolt is considering applying for bankruptcy protection or bankruptcy, according to several media outlets citing sources. "The dialogue about future financing is ongoing," writes the company's press spokesperson Erik Zsiga to TT about the reports.

Northvolt in crisis - "Dialogue is ongoing"

Upward trend on the US stock exchange

The trading week on Wall Street began on Monday with cheerful figures. The Dow Jones industrial index closed at plus 0.

Upward trend on the US stock exchange

Volvo Cars: No Money to Northvolt

The car manufacturer Volvo Cars does not intend to participate in the financing that could save the crisis-stricken battery manufacturer Northvolt from bankruptcy, reports the news agency Bloomberg. Absolutely not, says Volvo Cars' CEO Jim Rowan.

Volvo Cars: No Money to Northvolt

Host Putin is greeted with respect by world leaders

Powerful and populous nations meet in Kazan under Russian leadership to strengthen the Brics group's influence. President Vladimir Putin wants to show that world leaders are on good terms with Russia – and he is greeted with accolades and respect.

Host Putin is greeted with respect by world leaders

Northvolt CEO: Will pay 287 million kronor according to plan

On Monday, Northvolt must pay a tax debt of 287 million kronor. The alternatives are bankruptcy, reconstruction – or personal payment liability for the board.

Northvolt CEO: Will pay 287 million kronor according to plan

Downturn for Dr Martens

The British shoe manufacturer Dr Martens' share is plummeting on the London Stock Exchange since the investment bank Goldman Sachs sold a large stake in the company at a significant discount. When the London Stock Exchange opened on Friday, the share plummeted by 13 percent.

Downturn for Dr Martens

Northvolt receives support from Volkswagen

Crisis-stricken Northvolt is supported by one of its major shareholders, German Volkswagen. To the news agency Bloomberg, a spokesperson states that the company is now backing Northvolt's production plans.

Northvolt receives support from Volkswagen

Mixed on the US stock exchange – banks weighed down

The leading indexes on the New York Stock Exchange went in different directions on Tuesday. The industrial-heavy Dow Jones index fell 0.

Mixed on the US stock exchange – banks weighed down

Major Bank: Lower Risk of US Recession

The risk of a scenario with recession in the American economy is becoming increasingly smaller, at least according to the major bank Goldman Sachs. In a market update to its customers, Goldman Sachs now estimates the risk of recession next year to 20 percent compared to the previous 25 percent.

Major Bank: Lower Risk of US Recession

Industrial shares took a beating on Wall Street

Companies sensitive to the business cycle took hard hits on the first trading day in June, after a report on US production showed negative numbers. The impact was clearly visible on the Dow Jones industrial index, which fell 0.

Industrial shares took a beating on Wall Street