Northvolt files for bankruptcy in Sweden, ending Europe’s biggest battery hope to challenge China’s electric vehicle industry

Stockholm | Battery cell maker Northvolt has filed for bankruptcy in Sweden, the company said on Wednesday, marking one of the country’s largest corporate failures and effectively ending Europe’s best hope of developing a rival to challenge China. The Swedish company has received more than $US10 billion ($15 billion) in equity, debt and public financing…

Sunterra files for bankruptcy protection

The company behind Bower Place shopping centre’s Sunterra Market has filed notice for protection under bankruptcy and insolvency laws to give it time for financial restructuring. Sunterra Farms Ltd., Sunterra Food Corp., Sunterra Quality Food Markets Inc., Sunwold Farms Ltd. and Trochu Meat Processors all filed notice on March 24 to creditors that they were…

Sunterra files for bankruptcy protection

The company behind Bower Place shopping centre’s Sunterra Market has filed notice for protection under bankruptcy and insolvency laws to give it time for financial restructuring. Sunterra Farms Ltd., Sunterra Food Corp., Sunterra Quality Food Markets Inc., Sunwold Farms Ltd. and Trochu Meat Processors all filed notice on March 24 to creditors that they were…

Village Roadshow Files for Chapter 11 Bankruptcy

Billboard Women in Music 2025 Village Roadshow Entertainment Group, the renowned film producer and financier that has backed “The Matrix,” “Ocean’s Eleven,” “Joker” and “The Lego Movie” franchises, has filed for bankruptcy protection in the U.S. The U.S. company filed for Chapter 11 in Delaware on Monday, with $223.8 million in asset-backed secured notes and…

NaNoWriMo Goes Bankrupt After Embracing AI

A quarter century after its inception — and less than a year after its “full-throated” defense of artificial intelligence in writing — the nonprofit behind the annual National Novel Writing Month (NaNoWriMo) challenge is closing its doors. Kilby Blades, a romance author serving as NaNoWriMo’s interim executive director, announced in a video and in emails…