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China, Europe
European markets edge lower as China stimulus rally fades; Sweden's central bank cuts rates
European stocks were slightly lower Wednesday, paring gains from the previous session on the back of Chinese stimulus measures.
European shares end higher as markets cheer China's stimulus plans
European shares ended higher on Tuesday, with China-exposed firms such as luxury giants and automakers at the helm of gains after China's central bank unveiled broad stimulus measures to aid its ailing economy.
Europe’s China-Reliant Sectors Surge as Stimulus Fuels Optimism
European stocks at the forefront of concerns over a slowdown in China rallied strongly on Tuesday, after Beijing announced a package of stimulus measures to revive the world’s second-largest economy.
EV, Europe and Northvolt
Northvolt lays off 1,600 workers, but it’s not the end for Europe’s battery champion
Europe’s attempt at building a battery manufacturing powerhouse announced that it had halted work on a factory expansion and laid off about 20% of its employees.
Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won't be affected
Swedish electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal's South Shore will proceed as planned, despite announcing on Monday its intention to lay off 1,
Europe’s battery champion slashes jobs as EV sales slow
Swedish battery company Northvolt announced Monday it is cutting 25 percent of its workforce in Sweden, or 1,600 people, as slowing electric vehicle sales cut demand. The bulk of the positions are in Skellefteå,
22h
Europe’s Heat Pumps Put America’s to Shame
In the United States, home heat pumps have been gaining traction (and government subsidies) as highly energy-efficient ...
11d
Sweden Will Offer Migrants $34,000 to Go Home
The government greatly increased a grant to encourage more immigrants to return home. Critics say it sends the wrong message ...
1d
Sweden’s Northvolt cuts 1,600 jobs amid EV slowdown
Northvolt’s job losses amount to 25% of its Swedish staff, and 20% worldwide.
2d
on MSN
Northvolt to axe 1,600 jobs as Europe's EV hopes stall
Northvolt plans to cut 1,600 jobs at its base in Sweden, or about a fifth of its global workforce, as Europe's biggest hope ...
El País in English
1h
A scientific rebellion to get Europe to approve a controversial Alzheimer’s drug
The new monoclonal antibody lecanemab has been greenlighted by the US and other countries, but the European Medicines Agency ...
2d
Sweden’s Northvolt to Cut 20% of Staff Amid Liquidity Crunch
Swedish battery maker Northvolt AB will shed 20% of its headcount globally and suspend the expansion of its main factory in ...
9d
Sweden will not take stake in Northvolt, prime minister says
The Swedish state will not take a stake in battery maker Northvolt and the company's future must be determined by its private ...
3d
Who is voting for the far-right in Europe?
The terminology is contested, but the far-right is usually divided into the "extreme right", which is overtly anti-democratic ...
11d
on MSN
Sweden To Offer Immigrants $34,000 To Leave Country
Amid growing public concern over immigration the right-wing populist Swedish Democrats came second in the 2022 Swedish ...
1d
Psychedelic therapies are coming to Europe, but face barriers before reaching patients
Today psychedelics are once again entering the mainstream. Research has picked back up, many European psychiatrists are ...
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