Investment Management Corp. of Ontario has written down its $400 million investment in Northvolt, the electric vehicle ...

Stable cash flow and improvement in earnings in Denmark • Net sales were unchanged, at SEK 8,108 million (8,106) • The order backlog was SEK 14,929 million (17,000) • EBITA increased by 1 percent to S ...

Sweden’s state-owned pension investors, collectively known as the AP Funds, have fully written down their entire investment in bankrupt battery maker Northvolt AB.

Sweden’s state-owned pension fund AP2, Gothenburg, has written down its entire stake in bankrupt battery maker Northvolt, ...

NVent has a strong financial position. The company has an investment-grade BBB credit rating, underpinned by manageable leverage and strong cash flow generation. NVent has just over $2 billion of ...

CEO Beth Wozniak described 2024 as a transformative year for nVent, citing 9% sales growth in Q4 and 13% for the full year. She emphasized the divestiture of the Thermal Management business, which ...

Porsche SE , the holding firm of Porsche AG , said on Thursday it expects impairments on its stake in the carmaker to nearly ...