Rolls-Royce selling Bergen engines business for €63 million

Rolls-Royce , Bergen engines business, Langley Holdings, Langley is funding the deal, together with working capital requirements for the Bergen business going forward, from existing cash reserves. The agreed sale…

NNR August 4, 2021

Warwick, Solent, West London and Leiden to adopt Tribal’s cloud offerings

LONDON, UK: Tribal Group announced a series of cloud contract wins, demonstrating the attraction of the Group's expanding range of cloud offerings to the education market. The contracts have a…

NNR August 2, 2021

Literacy Capital buys majority shares in Oxygen Freejumping

Oxygen Freejumping is an operator of trampoline and adventure parks in the UK. LONDON, UK: Literacy Capital has completed an investment in OFJ Spring Topco Limited, the holding company for…

NNR July 28, 2021

Stephen Birrell joins Live Company Group board

LONDON, UK: Live Company Group plc has appointed Stephen Birrell as an independent Non-Executive Director with immediate effect, a news release said. Stephen is an experienced Non-Executive and is currently…

NNR July 27, 2021

CCLS holds conference on Pakistan-China relationship and CPEC

LAHORE, PAKISTAN: The Centre for Chinese Legal Studies (CCLS) at the Shaikh Ahmad Hassan School of Law (SAHSOL), LUMS, recently organised a virtual conference ‘CPEC: Pakistan-China Security and Strategic Cooperation’. The…

NNR July 23, 2021

UKGI to sell part of HMT shareholding in NatWest Group

Morgan Stanley will have discretion to effect a measured and orderly sell down of shares in the Company on behalf of Her Majesty's Treasury's (HMT). LONDON, UK: UK Government Investments…

NNR July 22, 2021

Top Blokes team member competes for the UK in Intel World Open

LONDON, UK: Semper Fortis Esports, the esports company focused on establishing esports teams, announced that Archie Pickthall, a member of its Top Blokes team, recently competed for Team Great Britain…

NNR July 19, 2021

Pakistan witnesses highest ever electric power generation during FY21

§ Power generation is up by 8.1% YoY to 14,361 GWh (19,946 MW) during Jun'21, compared to 13,288 GWh (18,455 MW) during Jun’20. The rise in generation is witnessed due…

NNR July 17, 2021

Semiconductor shortage: Intel to acquire GlobalFoundaries in $30 billion deal

NEW YORK: Intel Corp is in talks to buy semiconductor manufacturer GlobalFoundries Inc for about $30 billion, the Wall Street Journal reported. A deal could help Intel ramp up production of chips at a…

NNR July 17, 2021

Bank deposits up 10 percent, an all-time high

Banks Balance Sheets Fueled by Investment Book § Deposits of the banking sector have continued their upward trajectory, clocking in at PKR 19,795bn as at Jun’21, registering a 22% YoY jump…

NNR July 17, 2021

Balanced agriculture policies, value chain investments needed to curb food inflation

KARACHI, PAKISTAN: The government needs to introduce balanced agriculture policies and modernize the value chain to control food inflation and manage strategic reserves of certain commodities in Pakistan, according to experts…

NNR July 16, 2021

Emirat to transport 247 horses from Liege to Tokyo equestrian events

DUBAI: UAE: Emirates SkyCargo, the freight division of Emirates, is operating eight charter flights to fly 247 horses from Liege to Tokyo. The first flight with 36 dressage horses has…

NNR July 15, 2021