Europe’s $12 billion Tesla battery rival produces its first lithium-ion cell
Northvolt has produced its first lithium-ion battery cell at its factory in Skellefteå, meeting its deadline to start production before the end of 2021.
Financial News
Top U.S. VC firms are struggling to find the right staff in Europe
There’s no shortage of European start-ups for U.S. venture capitalists to back but there’s a lack of staff for them to hire, industry sources told CNBC.
UK PM Boris Johnson to assess latest omicron data before deciding on new Covid curbs
Scotland, Wales and Northern Ireland have already started new curbs to help stop the spread of the omicron variant.
EV stocks soared on hype in 2021 — investors are betting 2022 will bring actual revenue
Through IPOs and SPACs, electric vehicle makers attracted billions of dollars in 2021 from investors, who are banking that the companies can build at scale.
Omicron up to 70% less likely to cause hospitalization than delta variant, UK government study finds
Of those admitted to hospital with omicron, 17 people had received their boosters, 74 were double vaccinated, and 27 were unvaccinated.
Three reasons the IMF is worried about cryptocurrencies
The IMF is concerned about cryptocurrencies, particularly because the market is growing at a significant pace.
Three new studies suggest omicron has lower hospitalization risk and is milder than other variants
“The current studies indicate something really good,” Ralf Reintjes, professor of epidemiology at Hamburg University of Applied Sciences, told CNBC Thursday.
From a bitcoin crash to regulatory crackdowns: Analysts give their top predictions for crypto in 2022
With heightened regulatory scrutiny and intense price fluctuations, some analysts are bearish on bitcoin’s prospects.
WHO urges holiday caution: ‘An event canceled is better than a life canceled’
The World Health Organization has called for some holiday gatherings to be canceled as the omicron Covid-19 variant spreads rapidly around the world.
Omicron casts a shadow over winter holidays as countries consider strict restrictions
Tighter restrictions are being considered around the world as spiraling cases of the omicron Covid-19 variant loom over the festive holiday period.