ONFA Fintech expands digital banking platform with Metti Capital Funding

ONFA FINTECH USA, a subsidiary of METTITECH GROUP HOLDINGS, has secured strategic backing from Metti Capital Funding to expand its blockchain-based digital banking platform, the company announced. The move aims…

NNR May 18, 2025

Wire

Israel GDP grows 3.4% in Q1 as Gaza ceasefire provided brief respite

JERUSALEM: Israel GDP grew at an annualized rate of 3.4% in the first quarter, buoyed by a temporary Gaza ceasefire that allowed businesses to rebound before fighting resumed in mid-March,…

NNR May 18, 2025

Wire

AI trust issues: Why transparency and accountability are non-negotiable

For over two years, generative artificial intelligence has dominated tech conversations since ChatGPT’s explosive debut. Yet despite its rapid adoption, trust remains a glaring issue—hallucinations, flawed calculations, and embedded cultural…

NNR May 18, 2025

Wire

China imposes anti-dumping duties on U.S., EU, Japanese, and Taiwanese POM copolymer imports

BEIJING: China on Sunday announced anti-dumping duties of up to 74.9% on imports of POM copolymers—an engineering plastic used in auto parts and electronics—from the United States, the European Union,…

NNR May 18, 2025

Wire

GameSquare’s Zoned and Fortnite to develop SpongeBob SquarePants-themed games

Zoned, a subsidiary of GameSquare (Nasdaq: GAME), has signed a license agreement with Paramount Game Studios to develop SpongeBob SquarePants-themed games within Fortnite, the company announced Thursday. The partnership builds…

NNR May 15, 2025

Wire

Org Group has acquired tech recruitment firm, Venturi

MANCHESTER: Venturi, a Manchester-based technology recruitment specialist, has been acquired by international professional services firm Org Group as part of its expansion into Europe and the U.S., the companies announced…

NNR May 15, 2025

Wire

Qualcomm to develop AI data centers in Saudi Arabia, marking return to server CPU market

SAN DIEGO: Qualcomm has confirmed its reentry into the data center CPU market, partnering with Saudi Arabia’s state-backed AI cloud infrastructure project through a new collaboration with HUMAIN AI. In a press release,…

NNR May 15, 2025

Wire

Dick’s Sporting Goods to acquire Foot Locker in $2.4 billion deal

NEW YORK: Dick's Sporting Goods has agreed to buy smaller rival Foot Locker for $2.4 billion in a deal that sent Foot Locker shares soaring while dragging down Dick's stock, the companies announced Thursday. …

NNR May 15, 2025

Wire

Orbite and 7Lifestyle to provide exclusive astronaut training experiences

Orbite, the premier provider of space training and operations for space explorers, has announced a strategic partnership with 7Lifestyle, a leading concierge service catering to high-net-worth individuals (HNWIs), to offer elite clientele…

NNR May 15, 2025

Wire

Alibaba’s net income surged to $1.65 billion driven by AI and cloud growth

HANGZHOU: Alibaba Group Holding Ltd. (NYSE: BABA) announced strong financial results for the quarter and fiscal year ended March 31, 2025, with revenue growth fueled by its artificial intelligence and cloud businesses. …

NNR May 15, 2025

Wire

eToro shares surge in Nasdaq debut after $310 million IPO

eToro shares rose sharply in its Nasdaq debut on Wednesday, opening at $69.69—a 34% premium to its $52 IPO price—boosting its market capitalization to $5.6 billion. Shares remained up over…

NNR May 14, 2025

Wire

Boeing, GE Aerospace secure $96 billion aircraft deal with Qatar Airways

DOHA: Boeing and GE Aerospace finalized a $96 billion agreement to provide Qatar Airways with up to 210 aircraft, the White House announced. Boeing CEO Kelly Ortberg joined President Donald…

NNR May 14, 2025