Kioxia’s market value set at $4.9 billion in IPO

Kioxia’s market value set at $4.9 billion in IPO

TOKYO (Reuters) -Bain Capital-backed Kioxia’s market value is seen around 750 billion yen ($4.85 billion) in its initial public offering, a regulatory filing showed on Friday. The IPO will have…
European EV battery maker Northvolt files for bankruptcy

European EV battery maker Northvolt files for bankruptcy

Investing.com — Stockholm-based battery manufacturer Northvolt on Thursday said it has filed for Chapter 11 bankruptcy protection in the United States, a move aimed at restructuring its debt and securing financial…
Take Five: Under pressure

Take Five: Under pressure

LONDON (Reuters) – World markets continue to assess what a Donald Trump administration will bring, as attention turns to an escalation of the war in Ukraine. The U.S. Thanksgiving holiday…