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Northvolt applies for creditor protection in the USA

The battery manufacturer from Sweden has never made a profit and is struggling with quality problems and delays. Northvolt is now relying on insolvency proceedings under US law to facilitate a financial restart.

By Redaktion Table

No agreement on EUDR: what happens now

The EU Parliament and Council were unable to reach an agreement on the EU Deforestation Regulation (EUDR) on Thursday. The Council only wants to postpone the start of application, while the Parliament also wants changes to the content. A compromise is needed soon in order to adopt the postponement in time.

By Julia Dahm