💨 Abstract
Swedish lithium-ion battery maker Northvolt has appointed restructuring expert Paul O'Donnell as chairman of its key battery cells plant, Northvolt Ett, in Sweden, following financial struggles. Northvolt has missed production targets and is considering filing for Chapter 11 bankruptcy protection as a survival option. The company's two largest shareholders are Volkswagen and Goldman Sachs.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
Suggested
Bank of Spain puts cost of October floods at 0.2%/GDP in fourth quarter
Bitcoin rises above $94,000 for the first time
Goa fast-tracks disposal of land rights claims by tribals, forest dwellers; 871 benefited so far
Subway Global CEO John Chidsey Inaugurates Subway's 850th Outlet at Elan Miracle Mall in Sector 84, Gurugram
Apple makes $100 million investment proposal for new plant in Indonesia
Mastering the Franchise Game: Unlock the Secrets to Building a Profitable Franchise Empire
Rugby-Single change for Pumas against France
Delhi HC questions forest official over plea for transplantation of trees from deemed forest
Ukrainian capital Kyiv under air raid alert amid missile threat
Coaches are glorified but it's the captain and players who win matches: Aaqib Javed
Powered by MessengerX.io