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Swedish battery champion Northvolt facing financial meltdown as CEO resigns

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Sweden’s financially-strained electric car battery maker Northvolt announced Friday the resignation of its CEO Peter Carlsson, hours after the company sought bankruptcy protection in...
Bussiness

Shell blames lower oil prices, weaker margins and ‘accounting mismatch’ for slump in third-quarter profits

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British energy major Shell on Thursday announced a sharp drop in net profit for the third quarter, with the oil and gas giant hit...
Bussiness

Rightmove calls for ‘best and final’ offer after rejecting third Murdoch bid of £6.2 billion

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British online property website Rightmove on Monday said it had rejected a slightly improved offer from REA Group, an Australian online property business majority-owned...

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