Lightyear and BlackRock launche high-yield money market funds for Uk retail investors

LONDON: Investment platform Lightyear has launched three high-yield money-market funds for UK retail investors, in collaboration with BlackRock, according to international-adviser. Highlights: · The funds are designed to be a low-risk investment,…

NNR August 23, 2023

Wire

M&S to regain place on London’s blue-chip FTSE 100 Index

LONDON: Marks and Spencer Group (M&S) is set to regain its place on the FTSE 100 index after four years, following strong share price gains this year. Highlights: · M&S's strong…

NNR August 23, 2023

Wire

European business activity contracts to lowest since November 2020 amidst lingering economic challenges

European economies face renewed contraction, marked by a notable decline in business activity throughout August, reaching levels not seen since November 2020. LONDON: The Eurozone's flash composite Purchasing Managers' Index…

NNR August 23, 2023

Wire

Kasikornbank (KBank) eyes $1 billion deal to buy Home Credit Vietnam

Kasikornbank, Thailand’s second-biggest lender, is in talks to buy Home Credit Vietnam, a consumer finance provider, in a deal worth up to $1 billion, Reuters reported. The deal would further…

NNR August 23, 2023

Wire

IBM to sell weather business to Francisco Partners in streamlining move

International Business Machines (IBM) has entered into an agreement to divest its weather business to private equity firm Francisco Partners, as disclosed by the technology services giant on Tuesday. The…

NNR August 22, 2023

Wire

Telenor hires Google Cloud executive as CTO to boost AI capabilities

Telenor has appointed Amol Phadke, a former Google Cloud executive, as its new Chief Technology Officer (CTO) to strengthen its artificial intelligence (AI) activities, the Norwegian telecoms firm said on Tuesday. Phadke,…

NNR August 22, 2023

Wire

Microsoft sells Activision streaming rights to Ubisoft to win UK approval for $69 billion deal

Microsoft has agreed to sell the cloud streaming rights for Activision Blizzard’s games to Ubisoft Entertainment, in a bid to overcome the British regulator’s opposition to its $69 billion takeover of the…

NNR August 22, 2023

Wire

Astrocyte Pharmaceuticals raises $6 million to advance novel brain injury therapeutics

Astrocyte Pharmaceuticals, a company focused on clinical-stage drug discovery and development based in Cambridge, MA, with operations in Groton, CT, has secured $6 million in Pre-Series B funding. The financing…

NNR August 21, 2023

Wire

Apple’s Future Chip Development: Clues Emerge About A19 and M5 Processors for Upcoming Devices

Apple has yet to formally unveil details about the upcoming A17 Bionic and M3 chips, intended for the iPhone 15 and the latest Mac models. However, indications suggest that Cupertino…

NNR August 21, 2023

Wire

Goldman Sachs explores partial sale of private wealth business

Goldman Sachs has announced its contemplation of selling a portion of its wealth business that caters to high net worth individuals. The shift in focus aims to realign the bank's…

NNR August 21, 2023

Wire

Apple Watch Series 9: What to Expect from the Upcoming Release

As we approach Apple's highly anticipated September 2023 event, speculation is mounting about the unveiling of the Apple Watch Series 9. Given the watch's history of annual releases, it's a…

NNR August 21, 2023

Wire

Amazon implements new same-day delivery fee for Prime users on orders below £20″

LONDON: Amazon, the e-commerce giant, is rolling out a fresh policy that will introduce a same-day delivery fee for Amazon Prime members when their order totals less than £20. Subscribers…

NNR August 21, 2023