Barclays closes another 14 branches across UK amid shift to digital banking

Barclays will close another 14 branches at sites across the UK, two in Wales and 12 in England. It is the third time this year that Barclays has announced a…

NNR March 27, 2023

Wire

Zoom uses OpenAI technologies to the expansion of Zoom IQ

SAN JOSE: Enterprise Connect, Zoom Video Communications (NASDAQ: ZM) announced the expansion of Zoom IQ, a smart companion that empowers collaboration and unlocks people’s potential by summarizing chat threads, organizing…

NNR March 27, 2023

Wire

2023 would be another challenging year: IMF chief Kristalina Georgieva

The International Monetary Fund (IMF) managing director Kristalina Georgieva reiterated her view that 2023 would be another challenging year, with global growth slowing to below 3% due to scarring from…

NNR March 26, 2023

Wire

Block Inc. shares nosedive 19% after fraud allegations by Hindenburg Research

Shares of Block Inc., which operates through two segments: Square and Cash App., plunged 19% after short seller Hindenburg Research announced the payment company was its latest short position, alleging…

NNR March 23, 2023

Wire

Walmart is shrinking its workforce anticipating roughly flat or declining sales

Walmart is laying off hundreds of employees at e-commerce facilities across the country, as the largest private employer is shrinking its workforce as many retailers plan on roughly flat or…

NNR March 23, 2023

Wire

Bank of England hikes interest rates by 25 basis points to 4.25%

LONDON, UK: The Bank of England on Thursday hiked interest rates by 25 basis points as it grapples with persistent high inflation. The Monetary Policy Committee voted 7-2 in favor…

NNR March 23, 2023

Wire

Federal Aviation Administration announces measures to avoid disruptions at airports

The Federal Aviation Administration (FAA) has announced measures to avoid disruptions at airports serving New York City and Washington D.C. this summer. The agency said it will reduce flight requirements…

NNR March 23, 2023

Wire

Japan Airlines will buy 21 Boeing 737 MAX jets for $2.5bn

Japan Airlines (JAL) has announced to buy 21 Boeing 737 MAX to replenish its narrowbody fleet. Japan Airlines Co., Ltd., also known as JAL or Nikkō, is an international airline…

NNR March 23, 2023

Wire

General Motors to discontinue production of the Chevrolet Camaro in 2024

General Motors (GM) will end production of the Chevrolet Camaro form early next year, as the automaker transitions to all-electric vehicles. The automaker did not announce a replacement or next…

NNR March 22, 2023

Wire

Ford has unveiled its mid-sized electric Explorer SUV

Ford has unveiled its mid-sized electric Explorer SUV, a remake of its iconic and best-selling Explorer SUV. The model has been built on Volkswagen’s VWAGY modular electric drive matrix (MEB)…

NNR March 22, 2023

Wire

Unleash Digital with Everything as a Service

Themed "Unleash Digital with Everything as a Service", the second Huawei Cloud Summit Middle East & Africa kicked off in Dubai on March 21. The event brought together over 300…

NNR March 22, 2023

Wire

Retail apocalypse: Bed Bath & Beyond is closing 400 stores

Bed Bath & Beyond is closing 400 stores as it tries to stave off bankruptcy. Bed Bath & Beyond has fallen to the “retail apocalypse” over the past decade, but…

NNR March 21, 2023