Apparel Group and Clarks Set to Open 20+ Stores in KSA

Apparel Group, a renowned global fashion and lifestyle conglomerate, has announced a significant strategic partnership with Clarks, a leading global footwear brand. The collaboration aims to accelerate the expansion of…

NNR June 8, 2023

Wire

UK Government to Host Global Conference on AI Safety to Address Risks and Ensure Secure Development

London, UK: The United Kingdom government has made a groundbreaking announcement, revealing its plans to host the world's first global conference on AI safety. Set to take place this autumn,…

NNR June 8, 2023

Wire

Volvo Unveils First Small Premium Electric SUV, the Volvo EX30, Available for Pre-Order

Milan, Italy: Volvo has officially unveiled its highly anticipated Volvo EX30, marking the company's entry into the small premium electric SUV market. The all-electric vehicle is now available for pre-order,…

NNR June 8, 2023

Wire

WhatsApp Introducing Channels for Admins to Reach a Wide Audience

WhatsApp, the popular messaging platform owned by Meta (formerly Facebook), plans to unvei a new feature called "Channels" that allows admins to send text, photos, videos, stickers, and polls to…

NNR June 8, 2023

Wire

Bank of Canada Raises Key Overnight Rate to 4.75%, Highest Level in 22 Years

In response to growing concerns about persistent inflation and strong economic growth, the Bank of Canada (BoC) has raised its key overnight benchmark rate to 4.75%, reaching its highest level…

NNR June 7, 2023

Wire

Wholesale Used Vehicle Prices in U.S. Hit Lowest Point of the Year as Sales Decline

In May 2023, wholesale used vehicle prices reached their lowest level for the year, reflecting a decline in sales amid high interest rates and inflated retail prices. Cox Automotive, a…

NNR June 7, 2023

Wire

Onebeat Raises $10M in Funding to Expand AI-Enabled Retail Platform

Onebeat, an AI-enabled retail-tech company based in Tel Aviv, Israel, has secured an additional $10 million in funding. The funding round was led by Magenta Venture Partners, with participation from…

NNR June 7, 2023

Wire

German Industrial Production Rises Below Expectations in April

Berlin, Germany: German industrial production showed a slower-than-expected increase in April, according to data released by Destatis, the federal statistical office of Germany. The figures indicate a mixed performance across…

NNR June 7, 2023

Wire

Brussels Airport and Shenzhen Airport Strengthen Ties with Sister Airport Relationship Agreement

Brussels, Belgium: Brussels Airport and Shenzhen Airport have solidified their strategic partnership by officially signing a Sister Airport Relationship agreement. This collaboration aims to foster closer ties between the two…

NNR June 7, 2023

Wire

UK Consumers Embrace Embedded Finance, Opting for Streamlined Payment Experiences

A new study from Marqeta, the card issuing platform, has revealed that embedded finance is experiencing significant growth in the UK, with consumers increasingly embracing the convenience it offers, particularly…

NNR June 7, 2023

Wire

Apple acquires AR startup Mira

Tech giant Apple has reportedly acquired Mira, a Los Angeles-based augmented reality (AR) startup. The news of the acquisition was revealed through the CEO of Mira on their private Instagram…

NNR June 7, 2023

Wire

Australia’s First-Quarter GDP Growth Below Expectations, Reflecting Slowdown

Australia's gross domestic product (GDP) expanded by 2.3% year-on-year in the first quarter, slightly below analyst expectations, according to data from the country's Bureau of Statistics. Economists surveyed by Reuters…

NNR June 7, 2023