UK labor market shows signs of weakness ahead of employer tax hike

LONDON: Britain’s labor market showed signs of weakening ahead of this month’s increase in a tax on employers, data released Tuesday showed. However, strong wage growth persisted, complicating the Bank of…

NNR April 15, 2025

Wire

Intel to sell majority stake in Altera to Silver Lake for $8.75 billion

Key Details: - Deal Structure: Intel will sell 51% of its Altera business to private equity firm Silver Lake, valuing Altera at $8.75 billion. - Ownership Post-Deal: Intel retains 49%…

NNR April 14, 2025

Wire

Sony announces PlayStation 5 price increases

Sony has announced price hikes for some PlayStation 5 (PS5) gaming consoles in multiple markets, including the United Kingdom, Europe, Australia, and New Zealand. The price increases, effective Monday, come as…

NNR April 14, 2025

Wire

Kraken launches commission-free stock and ETF trading for U.S. clients

SEATTLE: Cryptocurrency exchange Kraken on Monday announced the initial rollout of commission-free trading for over 11,000 U.S.-listed stocks and exchange-traded funds (ETFs), expanding beyond digital assets for the first time.…

NNR April 14, 2025

Wire

British Steel secures industry support for Scunthorpe plant after government takeover

SCUNTHORPE: More than a dozen companies have offered to help British Steel secure raw materials for its Scunthorpe plant after the British government took control of the business under emergency…

NNR April 14, 2025

Wire

Tapcheck raises $225 million in equity and debt funding

NEW YORK: Tapcheck, a leading provider of on-demand pay solutions, announced Monday that it has raised $225 million in combined equity and debt financing to accelerate its growth. The funding…

NNR April 14, 2025

Wire

Gen Z investing platform Alinea Invest secures $10.4 million in Series A Funding

NEW YORK: Alinea Invest has raised $10.4 million in a Series A funding round to expand its investing platform tailored for the Gen Z market, the company announced Tuesday. The…

NNR April 10, 2025

Wire

AI and cybersecurity pioneer Matt Kraning joins Menlo Ventures as partner

MENLO PARK: Menlo Ventures, a leading venture capital firm, announced Tuesday that Matt Kraning has joined as its newest partner. Kraning, a seasoned entrepreneur and technologist, will focus on investments…

NNR April 10, 2025

Wire

Atlantica Sustainable Infrastructure Ltd. acquires transmission line in Uruguay

MONTEVIDEO: Atlantica Sustainable Infrastructure Ltd. has officially acquired a 132-mile transmission line in Uruguay, further strengthening its footprint in the region. This transmission line, operational since 2019, is under a lease agreement…

NNR April 10, 2025

Wire

Waymo’s driverless fleet embarks on Tokyo data collection mission

Waymo, the self-driving technology company under Alphabet, is set to begin testing its driverless vehicles on public roads in Japan next week, marking its first international endeavor. The milestone "road…

NNR April 10, 2025

Wire

Ancoris acquires Sundown Solutions to form new tech business, Telana

SIMONSTONE: Sundown Solutions, a Lancashire-based technology consultancy, has been acquired by Bracknell-headquartered Ancoris to create a new tech business named Telana, the companies announced Tuesday. The financial terms of the…

NNR April 10, 2025

Wire

BYD brings luxury Denza EVs to Europe as trade disputes loom

Stocks reverse losses after president temporarily eases trade war measures MILAN: Chinese electric vehicle giant BYD is expanding its presence in Europe with the launch of its premium Denza brand,…

NNR April 9, 2025