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April 3, 2025

Northvolt Bankruptcy: Wake-up Call for Europe’s EV Ambitions?

Brussels: When it was founded in 2016, Northvolt was hailed as European electric automakers’ best shot at reducing their dependence on Asian battery giants. Now, the Swedish battery maker is liquidating its assets in the US after a similar move in its…

Russia to Resume Domestic FX, Gold Sales After Hiatus

Ankara: Russia’s Finance Ministry announced on Thursday that it will resume foreign exchange and gold sales in the domestic market for the first time since January 2024.

According to Anadolu Agency, the ministry confirmed its decision to lift the su…