Elon Musk’s The Boring Company raises $675mn Series C funding

NEW YORK: Elon Musk founded The Boring Company announced Series C funding round of $675 million, led by Vy Capital and Sequoia Capital, with participation from Valor Equity Partners, Founders…

NNR April 21, 2022

Wire

Elon Musk offers to buy Twitter for $43 billion

Elon Musk has made an offer of $54.20 per share in cash, representing a 54% premium over the Jan 28. closing price and a value of about $43 billion to…

NNR April 14, 2022

Wire

eDriving signs international collaboration with Bosch Service Solutions

LONDON: eDriving, a Solera company and a leading provider of digital driver risk management solutions, today announced an exciting new international collaboration with Bosch Service Solutions, a leading provider for…

NNR April 12, 2022

Wire

SHEIN, the B2C fast fashion e-commerce platform, will raise $1.0bn

SHEIN describes itself as “an international B2C fast fashion e-commerce platform (that) focuses on women's wear, but also offers men's apparel, children's clothes, accessories, shoes, bags and other fashion items.…

NNR April 6, 2022

Wire

Bernard Pryor appointed Managing Director of Karo Mining Holdings

PAPHOS, CYPRUS: Tharisa Plc, the platinum group metals (PGMs) and chrome co-producer listed on the Johannesburg and London stock exchanges, announced that Bernard Pryor has been appointed as Managing Director…

NNR April 4, 2022

Wire

Meta, NIBAF collaborate to up-skill women entrepreneurs

KARACHI, PAKISTAN: Meta is collaborating with the National Institute of Banking and Finance (NIBAF), a subsidiary of the State Bank of Pakistan (SBP) to train and up-skill Pakistani women entrepreneurs in…

NNR April 1, 2022

Wire

Etalon to acquire YIT Corporation’s Russian business for RUB 4.59 billion

MOSCOW, RUSSIA: Etalon Group Plc, one of Russia's largest and longest-established development and construction companies, announced that its Board of Directors has reviewed and approved the strategic acquisition of YIT…

NNR April 1, 2022

PSX Wire

Coworking space startup, Colabs, secures $3 million in seed funding

LAHORE, PAKISTAN: Coworking space startup, Colabs, has secured $3 million in seed funding in a round led by Indus Valley Capital, Zayn Capital and Fatima Gobi Ventures. Colabs co-founder and CEO Omar…

NNR March 25, 2022

Wire

Samsung Electronics appoints new chief executive officer

LONDON: Samsung Electronics Co., Ltd., on March 16, 2022, announced the appointment of Kye Hyun Kyung as one of its Chief Executive Officers.

NNR March 16, 2022

Wire

Etalon Group announces changes to Board of Directors

MOSCOW: Etalon Group Plc, one of Russia's largest and longest-established development and construction companies, announced changes to the membership of its Board of Directors. Etalon Group's Board of Directors has accepted…

NNR March 11, 2022

Wire

Google is buying cybersecurity firm Mandiant for $5.4 billion

LONDON, UK: Alphabet Inc's Google is buying cybersecurity firm Mandiant Inc for $5.4 billion. A shift to remote working during the pandemic, as well as the Russia-Ukraine conflict, has fueled…

NNR March 8, 2022