The US bank is the second-largest shareholder in Swedish battery maker Northvolt which has filed for Chapter 11 bankruptcy.

European markets are expected to open higher on Friday. The U.K.'s FTSE 100 index is expected to open 33 points higher at ...

Goldman Sachs (NYSE:GS) will take a nearly $900M hit after Swedish EV battery maker Northvolt filed for chapter 11 bankruptcy ...

Funds managed by Goldman Sachs will write off nearly $900 million after Swedish lithium-ion battery producer Northvolt filed ...

German Economy Minister Robert Habeck expressed cautious optimism about the future of financially troubled Swedish electric ...

Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...

Northvolt, once Europe's beacon for electric vehicle batteries, filed for U.S. Chapter 11 bankruptcy protection. CEO Peter Carlsson resigned amid production woes and financial instability. The firm's ...

This move is part of a strategic effort to restructure debt, scale operations and secure a sustainable foundation for ...

Northvolt transformed in a matter of months from Europe's best shot at a homegrown electric-vehicle battery champion to a ...

Northvolt's US unit files for Chapter 11 bankruptcy protection as CEO Peter Carlsson, who has led the startup since 2016, ...

The Swedish EV battery manufacturer, Northvolt AB, and certain of its subsidiaries voluntarily filed for Chapter 11 ...

The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 ...