Unilever to acquire Yasso Holdings in North America

Unilever plc, a multinational consumer goods company, announced on Thursday that it has entered into an agreement to acquire Yasso Holdings, Inc., a premium frozen Greek yogurt brand in the…

NNR June 15, 2023

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Liberty Mutual to Sell Western European Operations to Generali

In a move to sharpen its focus on its core markets, Liberty Mutual Insurance has announced the sale of its personal and small business operations in Western Europe to Generali…

NNR June 15, 2023

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Alibaba Expands E-Commerce Empire to Europe with Tmall Launch

Paris, France: In a major move that marks an escalation of its international endeavors, Alibaba, the Chinese tech giant, announced on Thursday its plans to expand one of its key…

NNR June 15, 2023

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Chicago-Based Fintech Startup Paro Secures $25 Million in Series C Funding

Chicago-based fintech startup Paro, which provides access to on-demand finance and accounting expertise, has secured $25 million in Series C funding. The round was led by Top Tier Capital Partners,…

NNR June 15, 2023

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EU lawmakers vote to regulate AI

European Union lawmakers have voted to regulate the use of artificial intelligence (AI) in the region. The draft law, known as the AI Act, would ban the use of real-time…

NNR June 15, 2023

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China cuts key lending rate to boost slowing economy

China’s central bank lowered its key medium-term lending rates on Thursday, in a much anticipated move as the economy’s post-Covid recovery continues to lose momentum. The People’s Bank of China…

NNR June 15, 2023

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Xpeng Motors receives approval to introduce assisted driving tech in Beijing

BEIJING: Xpeng, a prominent Chinese electric car brand, announced on Thursday that it has received approval to deploy its assisted driving technology to users in Beijing, the nation's capital city.…

NNR June 15, 2023

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Hitachi Energy to supply HVDC technology for subsea power link between France and Spain

Zurich, Switzerland: Hitachi Energy, a global technology leader focused on a sustainable energy future, has secured a significant order to supply four high-voltage direct current (HVDC) converter stations for the…

NNR June 15, 2023

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Siemens AG to Invest €2 Billion in Global Expansion of High-Tech Manufacturing

Munich, Germany: Siemens AG, the German industrial conglomerate, has unveiled plans to invest €2 billion ($2.2 billion) in expanding its high-tech manufacturing capabilities worldwide. This investment includes the construction of…

NNR June 15, 2023

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Majority raises $9.75mn to expand mobile banking services for migrants in the U.S.

Miami, FL: Majority, a Miami-based company specializing in mobile banking services for migrants in the United States, has successfully raised USD9.75 million in its recent funding round. The funding round…

NNR June 14, 2023

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Connext Labs raises $7.5M to boost blockchain interoperability

Connext Labs, a San Francisco-based startup that provides a blockchain interoperability protocol, has secured $7.5 million in strategic funding from a group of investors, valuing the company at $250 million.…

NNR June 14, 2023

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Vodafone and Three UK to create £15 billion mobile giant

Margherita Della Valle, chief executive of Vodafone, said: “This is a gamechanger for the UK and its ambitions to be a centre for future technology.” Vodafone and Three UK have…

NNR June 14, 2023