Novo Nordisk faces challenges in the competitive GLP-1 market, but its strong brand and R&D create opportunities for ...

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(RTTNews) - NOVO Energy, the battery unit of Swedish luxury car maker Volvo Car AB (VLVOF, VOLCAR-B.ST), announced Monday around 50 percent reduction in its workforce, as part of its actions to ...

Volvo Cars' battery company Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after evaluating its business to take account of the bankruptcy of Sweden's Northvolt, which ...

STOCKHOLM (Reuters) - Volvo Cars' battery company Novo Energy said on Monday it will cut its workforce by 50% to reduce costs after evaluating its business to take account of ...

Founded in 2022, Novo Energy established an R&D center in Gothenburg, Sweden to enhance battery technology and vehicle integration. Novo commenced work on its first gigafactory in 2023.

As a dense but brief European earnings season draws to a close, a handful of big hitters spanning energy, commodities, pharmaceuticals and food delivery remain.

Earthstone Energy Inc. ESTE said Thursday it agreed to acquire Novo Oil & Gas Holdings LLC, a Delaware basin exploration and production backed by EnCap Investments L.P. At the same time, Northern ...

By Sukriti Gupta, Sanchayaita Roy and Shashwat Chauhan (Reuters) -European shares ended higher on Tuesday, boosted by healthcare and energy shares while investors assessed the latest phase of U.S.