Latest in 900mn Hit Northvolt
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Goldman Sachs takes $900mn hit on Northvolt investment
US bank is second-largest shareholder in Swedish battery maker which filed for Chapter 11 bankruptcy this weekBusiness - Financial Times - 8 hours ago -
Brookfield commits £900mn to backstop Canary Wharf refinancing
Canadian asset manager agrees to provide equity commitment if landlord cannot pay off bondsWorld - Financial Times - Yesterday -
Northvolt’s future hangs in balance as bankruptcy looms
Troubled European battery maker in race against time to secure short-term fundingBusiness - Financial Times - 6 days ago -
Northvolt, Europe’s Hope for a Battery Champion, Files for Bankruptcy
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.Tech - The New York Times - 2 days ago -
Battery start-up Northvolt files for bankruptcy protection in US
Europe’s big hope for homegrown manufacturing has struggled with production at its factory in northern SwedenBusiness - Financial Times - 2 days ago -
Northvolt CEO Peter Carlsson Steps Down
The Swedish battery maker said Carlsson will become a senior adviser as the company enters U.S. bankruptcy and initiates a debt restructuring. The search for a new chief executive is underway.Business - The Wall Street Journal - Yesterday -
‘There was so much promise’: How Northvolt tumbled into bankruptcy
Battery champion became a symbol of Europe’s ambitions and then its failings on its way to Chapter 11 proceedingsBusiness - Financial Times - Yesterday -
Volvo moves to buy out Northvolt from Gothenburg battery project
Chinese-owned Swedish carmaker is reviewing options for a potential partnershipBusiness - Financial Times - October 30 -
Northvolt chief warns of faltering green transition after battery maker’s bankruptcy
Europe’s best-funded start-up raised $15bn but was left with just $30mn in cashBusiness - Financial Times - Yesterday -
Northvolt CEO resigns as Europe’s big hope for a battery champion files for bankruptcy
The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the U.S.Business - CNBC - Yesterday -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - October 31 -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - October 31 -
Trump hits three battleground states
Former President Donald Trump held campaign events in Pennsylvania, North Carolina and Georgia on Sunday. Nikole Killion reports.Top stories - CBS News - November 3 -
Trump and Harris make final push to break US election deadlock
Presidential candidates descend on Pennsylvania as polls in most crucial swing state show a dead heatBusiness - Financial Times - November 5 -
How violence became a theme of America’s election
Voters are on edge after a campaign season characterised by ‘unprecedented’ levels of extreme rhetoricBusiness - Financial Times - November 4 -
FirstFT: Bitcoin hits a record high
Also in today’s newsletter, Kremlin denies Putin spoke to Trump last week and America Inc’s new chief executiveWorld - Financial Times - November 11 -
Typhoon Man-yi Pounds the Philippines With Rain and High Winds
The storm, a Category 4, regained strength on Sunday afternoon.World - The New York Times - 6 days ago -
The rehabilitation of KPMG in the UK
The years of audit failings and regulatory fines at its UK business are over, but some worry the firm is still losing ground to rivalsBusiness - Financial Times - 4 days ago -
China’s Baidu joins Meta in race to make AI-integrated smart glasses
Launch comes as Chinese internet groups jostle for dominance in hardwareBusiness - Financial Times - November 13 -
US hits Russia’s Gazprombank with sanctions
Move in effect bans state-owned bank from global financial system in blow to payments for Moscow’s war effortBusiness - Financial Times - 2 days ago -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - October 25 -
Beyoncé hits the campaign trail with Kamala Harris in Houston
Beyoncé joined Vice President Kamala Harris in Houston, Texas, while former President Trump spoke on Joe Rogan's podcast. NBC's Dasha Burns is in Detroit with more.Politics - NBC News - October 26 -
Mexico's Perez hits another bump in the road
Sergio Perez's self-proclaimed "terrible" season took another turn for the worse on Saturday.Sports - ESPN - October 27 -
Bozeman calls hit on Herbert 'one of dirtier plays'
Bradley Bozeman said what Nathan Shepherd did to Justin Herbert -- when Shepherd twisted and pulled down the QB long after he had thrown the ball -- was "probably one of the dirtier plays I've ever ...Sports - ESPN - October 28 -
Chile’s leftwing government hit by rape scandal
President Gabriel Boric’s flagging popularity falls further amid allegations against his former security secretaryBusiness - Financial Times - October 28 -
Trump hits 'nasty' Michelle Obama at Atlanta rally
Former President Trump attacked former first lady Michelle Obama during his rally in Atlanta on Monday, calling her “nasty” after Obama lobbed attacks at the former president while stumping for ...Politics - The Hill - October 28 -
FirstFT: Twin scandals hit PwC’s Asia profits
Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?World - Financial Times - October 29 -
Washington Post cancellations hit 250,000 – 10% of subscribers
Reader backlash against decision not to make presidential endorsement rolls on despite Bezos defense of decision. Deterioration of the Washington Post’s subscriber base continued on Tuesday, hours ...World - The Guardian - October 29 -
Biogen’s stock hit by soft sales of Alzheimer’s treatment
“We continue to see momentum with ongoing product launches and we are increasingly excited about the potential of our pipeline,” the company’s CEO said.Business - MarketWatch - October 30 -
Inheritance tax reforms to hit business owners and farmers
Tax relief to be capped on assets worth more than £1mnWorld - Financial Times - October 30 -
Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - October 31 -
Workers warned Budget tax rises will hit their wages
Economists say tax rises in the Budget will mean employers have less to give as pay rises.Top stories - BBC News - October 31 -
China warning hits another medical equipment maker
Smith & Nephew shares slumped on Thursday as it became the second health equipment company in a week to warn that Chinese sales were getting hit hard.Business - MarketWatch - October 31 -
Sabres Rising Star Is Hitting Brand New Level
This Sabres young defender is well on his way to having a breakout season.Sports - Yahoo Sports - October 30
