Elon Musk terminates $44bn Twitter acquisition deal

HOUSTON: Elon Musk has said he is terminating a $44bn deal to buy Twitter, saying the social media company did not provide information about fake or spam accounts on the platform. In…

NNR July 8, 2022

Wire

Merck & Co. seeks to acquire Seagen in a reportedly $40 billion deal

NEW YORK: Merck & Co. seeks to acquire Seagen in a reportedly $40 billion deal or more, the Wall Street Journal reported Thursday. While talks could fall apart, the companies are discussing…

NNR July 7, 2022

Wire

Pakistan’s central bank raises policy interest rate by 125 basis points to 15%

KARACHI, PAKISTAN: The Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) decided to raise the interest rate by 125 basis points to 15 percent. In addition, as foreshadowed…

NNR July 7, 2022

Wire

Andrey Sharonov elected Chairman of PhosAgro’s Board of Directors

MOSCOW, RUSSIA: The Board of Directors of PhosAgro, one of the world’s leading vertically integrated phosphate-based fertilizer producers, elected the independent director Andrey Sharonov as its Chairman at its first…

Chenos Kahn July 6, 2022

Wire

Airbus and BSNL officially deliver the Tactilon Agnet 500 critical communication service in India

VIENNA: After a phase of implementation and testing, the Tactilon Agnet 500 developed by Airbus Secure Land Communications (SLC) is now being fully operational in India in collaboration with Arubaito…

NNR June 21, 2022

Wire

VAALCO energy set to join Russell 3000 index

HOUSTON: VAALCO Energy Inc. (NYSE: EGY) is set to join the broad-market Russell 3000® Index at the conclusion of the 2022 Russell Indexes Annual Reconstitution, according to a preliminary list…

NNR June 14, 2022

Wire

REC Silicon and Ferroglobe announce MOU for solar supply chain expansion

MOSES LAKE, WASHINGTON: Hanwha Group investment and potential passage of SEMA legislation provides spark to expand U.S. production of polysilicon and metallurgical grade silicon. REC Silicon and Ferroglobe today announce…

NNR June 13, 2022

Wire

Elektros secures fleet from Tesla to launch all-electric vehicle rental car division

SUNNY ISLES BEACH: Elektros Inc. has started the purchase order process for several electric vehicles from Tesla Inc. to launch the company's heavily anticipated all-electric vehicle rental car division. This…

NNR June 8, 2022

Wire

Idexo launches token vesting management software

LONDON: Idexo, a simplified platform for building and growing web3 projects, announced the release of its Token Vesting Management Software. Now web3 projects founders and executive teams can provide a robust…

NNR May 19, 2022

Wire

Airbus consortium achieves milestone for critical cross-border communications

ELANCOURT: An Airbus-led consortium has reached a milestone by demonstrating the operability of its solution in Phase 3 of the BroadWay project to increase the interoperability of critical cross-border communications.…

NNR May 17, 2022

Wire

Afreximbank and African Petroleum Producers to create a multi-billion-dollar African Energy Bank

JOHANNESBURG: The African Export-Import Bank (Afreximbank), has signed a Memorandum of Understanding (MoU) with the African Petroleum Producers Organization (APPO) for the creation of a multi-billion-dollar energy bank. Aimed at…

Chenos Kahn May 17, 2022

Wire

Zoom signs deal to acquire Solvvy, elevate customer service experiences

CALIFORNIA: Zoom Video Communications (NASDAQ: ZM), on May 12th, signed a deal to acquire the conversational AI and automation platform, Solvvy to elevate customer service experiences to a global enterprise…

NNR May 14, 2022