The move will see 3% to 5% of the bank’s global workforce of 46,500 cut, sources familiar with the matter told The Post.

STOCKHOLM—Truck maker Scania agreed to buy Northvolt’s heavy industry business, as the battery maker continues to work through a restructuring process. “This acquisition will provide access ...

Goldman Sachs plans to trim its staffing by 3% to 5% in an annual performance review process this spring, said a source ...

Sweden's Northvolt has agreed to divest its Systems Industrial division, a key developer and manufacturer of battery systems for heavy industry sectors. Northvolt’s Systems Industrial division ...

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. The funds had invested 5.8 ...

Investment Management Corp. of Ontario has written down its $400 million investment in Northvolt AB, the electric vehicle battery maker that filed for bankruptcy protection last year, according to ...

One of the world’s largest investment banks continues to buy up crypto, according to a Bitcoin and Ethereum, the world’s two largest cryptocurrencies. The financial firm held about $1.3 ...