U.K. Business Leaders Optimistic but Cautious amid Economic Challenges

A new survey by J.P. Morgan reveals that U.K. business leaders are confident about their own performance but wary of the global and national economic outlook. While most executives expect…

NNR January 17, 2024

Wire

Houthi attacks disrupt global trade, boost air freight rates

The ongoing Houthi attacks on shipping vessels in the Red Sea have caused a major disruption in global trade, forcing many container ships to take longer routes and driving up…

NNR January 17, 2024

Wire

WealthArc and ZeroLink launch AI-powered chat service for wealth data

WealthArc, a Swiss-based provider of wealth data management solutions, has teamed up with ZeroLink, a leader in neurosymbolic knowledge graph technology, to create WealthArc AI & Analytics, a new service…

NNR January 17, 2024

Wire

BYD unveils AI-powered smart car system to boost its edge in EV market

BYD, the world's largest electric car maker, announced its new Xuanji smart car system on Tuesday, aiming to enhance its competitiveness in advanced technologies such as automated parking and autonomous…

NNR January 17, 2024

Wire

Compass Minerals appoints Edward C. Dowling Jr. as President and CEO

Compass Minerals (CMP), a global leader in essential minerals, has appointed Edward C. Dowling Jr. as its new president and CEO, effective from Jan. 18, 2024. Dowling, who joined the…

NNR January 17, 2024

Wire

BrainChip and MYWAI team up to deliver Edge AI solutions for industry and robotics

BrainChip Holdings Ltd, a pioneer in neuromorphic AI technology, and MYWAI, a leading AIoT solution provider in the EU, have announced a strategic partnership to deliver cutting-edge Edge AI solutions…

NNR January 17, 2024

Wire

Sixth Street hires Marcos Alvarado as Head of U.S. Real Estate

Sixth Street, a leading global investment firm, announced today that it has hired Marcos Alvarado as a Partner and Head of U.S. Real Estate, effective February 1st. Alvarado will lead…

NNR January 17, 2024

Wire

MLC CAD Systems acquires Equivaq Software

MLC CAD Systems, a leader in design and manufacturing solutions, has acquired Equivaq Software, a provider of PDM add-ons and consulting services. “This strategic move is a significant step forward…

NNR January 16, 2024

Wire

Emplifi appoints Ohad Hecht as new CEO

Emplifi, a leading customer engagement platform, today announced Ohad Hecht as its new CEO. Hecht, a former co-founder and CEO of Prodport and Emarsys, will focus on cultivating a winning…

NNR January 16, 2024

Wire

Synopsys to buy Ansys for $35 billion in biggest tech deal of the year

Synopsys, a leading provider of software for chip design, announced on Tuesday that it has agreed to acquire Ansys, a maker of simulation software for various industries, in a cash-and-stock…

NNR January 16, 2024

Wire

Shell sells Nigerian onshore oil and gas business for $2.4 billion

After nearly 100 years of running Nigerian onshore oil and gas, Shell has decided to sell its subsidiary there for up to $2.4 billion to a group of five companies,…

NNR January 16, 2024

Wire

Ken Porpora appointed CEO of Horizon Group Holdings

Horizon Group Holdings, a leading provider of residential plumbing, electrical, heating and air conditioning services, has appointed Ken Porpora as its new Chief Executive Officer. Ken Porpora has over 25…

NNR January 16, 2024