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Recent incidents have highlighted the vulnerability of undersea cables in the Baltic Sea. Two key telecommunications cables, one connecting Finland to Germany and the other linking Sweden to Lithuania, suffered damage in mid-November. Both cables have now been repaired, with operations fully restored, as confirmed by the Finnish network operator, Cinia, and the Swedish telecom company, Arelion. The incidents prompted joint investigations by Finnish, Swedish, and Lithuanian authorities, with s..

Sweden is calling for cooperation from China following the alleged sabotage of key data cables in the Baltic Sea. The Chinese cargo ship Yi Peng 3 was reportedly in the vicinity of the damaged cables, raising suspicions of intentional interference. Swedish officials have declared the region a 'high risk' zone and initiated a joint investigation involving multiple nations. As investigations progress, the potential involvement of Russian intelligence in orchestrating these actions cannot be over..

Poland has proposed a police mission to safeguard infrastructure in the Baltic Sea following recent incidents that suggest sabotage. Polish Prime Minister Donald Tusk made this proposal at a summit involving Nordic and Baltic states, citing damage to telecommunications cables between Germany, Finland, Sweden, and Lithuania. These incidents have raised suspicions of deliberate attacks, with German Defense Minister Boris Pistorius labeling them as sabotage, and a Chinese vessel, Yi Peng 3, coming..

Northvolt, the Swedish battery manufacturer, is currently navigating significant financial turmoil after filing for Chapter 11 bankruptcy protection in the United States. This development raises questions about the future of its planned battery factory in Heide, Germany. Despite these challenges, German Economy Minister Robert Habeck expresses cautious optimism regarding the factory’s prospects. He believes that the project remains vital for Northvolt's strategy, provided the company can restr..

The Swedish battery manufacturer Northvolt has filed for creditor protection under US Chapter 11 bankruptcy laws to address its financial challenges. Despite these difficulties, construction of their battery factory in Heide, Schleswig-Holstein, continues, remaining a strategic priority. Northvolt has secured a bridge loan of $100 million and access to $145 million in collateral, primarily from its partner, Scania. The decision to seek Chapter 11 protection aims to restructure Northvolt's debts..

Swedish battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the United States, aiming to restructure its substantial debt load. With liabilities amounting to $5.8 billion and only $30 million in liquid assets, the company faces significant financial challenges. Despite these hurdles, Northvolt is pushing forward with its plans to construct a battery factory in Heide, Germany, which will operate independently of its parent company's financial struggles. Northvolt's..

Swedish battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the United States, seeking to restructure its finances amid significant financial woes. The company aims to access $245 million to stabilize operations, with support from stakeholders such as Scania, Volkswagen, BMW, and Goldman Sachs. This move is crucial to addressing Northvolt's challenges, including quality issues and production delays, which led to job cuts and the sale of subsidiaries. Despite these..