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Banking and Finance

Northvolt Appoints Markus Dangelmaier as CEO Amid Financial Restructuring

Northvolt AB has appointed Markus Dangelmaier as the CEO of Northvolt Ett AB, its sole operational battery cell production facility. The announcement follows a challenging period for the Swedish electric vehicle battery supplier, which recently filed for Chapter 11 bankruptcy protection in the U.S. after facing severe financial difficulties. At...
CEO Insider

China’s Richest Individual Criticizes E-Commerce Giants and Government Amid Economic Downturn

China’s wealthiest individual, Zhong Shanshan, recently criticized online shopping platforms, blaming them for igniting price wars that have hurt various industries as the country grapples with an economic slowdown. His unusually candid comments, which have largely been censored by state-controlled media, also targeted the Chinese government for its inaction, accusing...
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