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Posted inWire

Ripple gets green light to operate in Singapore amid US regulatory woes

Blockchain company Ripple has received in-principle regulatory approval to operate in Singapore, in a rare moment of good news for the cryptocurrency industry globally as it faces tightening policy back…
Posted by NNR June 22, 2023
Posted inWire

Veon to invest $600 million in Ukraine’s Kyivstar amid war

Veon, a global telecoms company, said on Wednesday it would invest $600 million in the infrastructure of its Ukrainian subsidiary Kyivstar, the country’s largest mobile network, which has been damaged…
Posted by NNR June 21, 2023
Posted inWire

Intel to sell 20% stake in IMS Nanofabrication to Bain Capital for $860 million

Intel Corporation announced on Wednesday that it has agreed to sell an approximately 20% stake in its IMS Nanofabrication GmbH (IMS) business to Bain Capital Special Situations, in a transaction…
Posted by NNR June 21, 2023
Posted inWire

YouTube to launch its first official shopping channel in South Korea

YouTube, the world’s largest online video platform, announced on Wednesday that it will launch its first official shopping channel for live commerce in South Korea on June 30, Yonhap news…
Posted by NNR June 21, 2023
Posted inWire

Chinese electric car company, Nio gets $738.5 million investment from Abu Dhabi fund

ABU DHABI, UAE: Nio, a Chinese electric car company, announced Tuesday that it received $738.5 million in new capital from a fund owned by the Abu Dhabi government. The fund,…
Posted by NNR June 21, 2023
Posted inWire

UK inflation remains high in May as consumer prices rise by 8.7%

The UK inflation rate remained high in May, as consumer prices rose by an annual 8.7%, unchanged from the previous month, according to the Office for National Statistics (ONS). On…
Posted by NNR June 21, 2023
Posted inWire

Globe Invest makes cash offer to takeover Best of the Best Plc at 535 pence/share

LONDON, UK: Globe Invest Limited (GIL), a company owned by billionaire Teddy Sagi, has announced that it has made a recommended cash offer to acquire the online competition company Best…
Posted by NNR June 20, 2023
Posted inWire

Hyundai Motor to invest $85 billion in EVs and batteries by 2032

Hyundai Motor Co, the South Korean automaker, has announced that it will invest about 109.4 trillion won ($85.4 billion) in the next decade to meet the growing demand for electric…
Posted by NNR June 20, 2023
Posted inWire

Airbus signs record $50 billion deal with IndiGo

Airbus and Indian airline IndiGo announced on Monday a record $50 billion deal for 500 single-aisle A320 family aircraft. The deal is the largest ever by number of aircraft and…
Posted by NNR June 20, 2023
Posted inWire

Alibaba announces leadership shakeup amid challenges, CEO Daniel Zhang steps down

Alibaba Group Holding, the Chinese e-commerce giant, announced on Tuesday that its Chairman and CEO Daniel Zhang will step down from those roles and focus on the cloud business, as…
Posted by NNR June 20, 2023
Posted inWire

Bitterroot Bio emerges from stealth with $145M to develop immunotherapies for heart disease

Bitterroot Bio, a biotech company that aims to develop immunotherapies for cardiovascular disease, has announced its emergence from stealth mode and a $145 million series A funding round, the largest-ever…
Posted by NNR June 19, 2023
Posted inWire

Opnfi and actyv.ai partner to offer B2B embedded finance solutions in emerging markets

Opnfi, a company that provides a B2B embedded finance (EmFi) platform, and actyv.ai, an AI-powered enterprise SaaS platform with embedded B2B buy now pay later (BNPL) and insurance, have announced…
Posted by NNR June 19, 2023

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All news and articles on NewsnReleases are based on press releases, corporate announcements and analysts’ reports issued to London Stock Exchange (LSE), Euronext, Singapore Exchange (SGX), Japan Stock Exchange (JPX), Dubai Financial Market (DFM), Saudi Stock Exchange (Tadawul), Qatar Stock Exchange (QSE), BSEIndia, Australia Stock Exchange etc.

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