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Friday, September 26 2025
Northvolt's Bankrupt Unit: Directors Unlikely to Face Liability
The trustee for a bankrupt unit of Northvolt AB has found no basis to hold board directors personally liable for unpaid supplier claims of 6.8 billion kronor ($720 million), Bloomberg News reported. The report to the Stockholm…
Friday, September 26 2025
Russia’s Tax Service Seeks Bankruptcy of Tyumen’s Largest Timber Firm
Russia’s Federal Tax Service has filed a bankruptcy petition against the Tobol Timber Company, the largest timber firm in Siberia’s Tyumen region, over unpaid taxes exceeding 14.6 million rubles ($174,000), Russian media reported…
Friday, September 26 2025
Swiss Central Bank on Hold as Tariffs Threaten Slowdown
Switzerland’s central bank left its key interest rate at zero Thursday, ending a sequence of six straight cuts, despite the threat of slower growth as the economy adjusts to one of the highest tariffs set by President Trump, the…
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