Cal-Maine Foods to acquire Echo Lake Foods for $258 million

JACKSON: Cal-Maine Foods, a leading U.S. egg producer, announced it has reached a deal to acquire Echo Lake Foods, a Wisconsin-based breakfast foods manufacturer, for approximately $258 million. The acquisition…

NNR April 9, 2025

Wire

Tessell secures $60 million to revolutionize database services

SAN RAMON: Tessell, a multi-cloud database-as-a-service startup, has raised $60 million in a Series B funding round led by WestBridge Capital. The new funding will support the company’s expansion efforts…

NNR April 9, 2025

Wire

US mortgage applications surge 20%, breaking a three-week decline

BOSTON: In a striking turnaround for the US housing market, mortgage applications surged 20% in the week ending April 4, according to the latest data from the Mortgage Bankers Association…

NNR April 9, 2025

Wire

Arla Foods, DMK Group announce plans for major dairy merger

VIBY J: Arla Foods and DMK Group have unveiled plans to merge, forming Europe’s largest dairy cooperative with more than 12,000 farmers and a projected annual revenue of €19 billion.…

NNR April 9, 2025

Wire

Stellantis halts production of Leapmotor EV in Poland

Emiliano Albensi/LaPresse 20/12/2012 Melfi Monti e Marchionne in visita alla Fiat di Melfi per presentazione piano industriale Nella foto: gli operai dello stabilimento Fiat di Melfi assistono ai discorsi di…

NNR April 8, 2025

Wire

Sizl raises $3.5 million to expand its cook-to-order kitchens

CHICAGO: Sizl, a cook-to-order delivery service based in Chicago, aims to change perceptions by delivering meals made with fresh ingredients in about 30 minutes. The company announced Tuesday that it raised $3.5…

NNR April 8, 2025

Wire

Insperial acquires UK-based aircraft upholstery manufacturer MGR Foamtex

THAME: Insperial has announced the acquisition of MGR Foamtex, a leading UK-based aircraft upholstery manufacturer. MGR Foamtex, founded in 1985 and headquartered in Thame, Oxfordshire, is renowned for its skilled…

NNR April 8, 2025

Wire

CRB names Vahid Ownjazayeri as President and CEO

KANSAS CITY: CRB Group, a global provider of sustainable engineering, architecture, and construction solutions, has appointed Vahid Ownjazayeri as its new President and CEO. Ownjazayeri, a seasoned executive with more than…

NNR April 8, 2025

Wire

Pakistan grants provisional license to Starlink

Pakistan has granted a provisional license to Starlink, marking a significant step toward the satellite internet provider’s official launch in the country, Pakistan Telecommunication Authority (PTA) Chairman Hafeez Ur Rehman…

NNR April 7, 2025

Wire

Trump and Hut 8 launches American Bitcoin Corp

Hut 8 Corp., a leader in energy infrastructure integrating power and digital technologies, announced the launch of American Bitcoin Corp., a majority-owned subsidiary focused on industrial-scale Bitcoin mining and strategic Bitcoin reserve…

NNR March 31, 2025

Wire

Ubisoft teams up with Tencent to launch new gaming subsidiary

Ubisoft, the French video game giant, announced on Thursday the creation of a new gaming subsidiary, backed by a €1.16 billion ($1.25 billion) investment from Chinese technology powerhouse Tencent. This strategic move…

NNR March 28, 2025

Wire

Workato acquires DeepConverse to enhance AI-driven customer support solutions

Workato, a leader in enterprise orchestration, announced Thursday its acquisition of DeepConverse, a platform specializing in generative AI-based support automation. The purchase aims to strengthen Workato’s capabilities in AI-driven customer…

NNR March 28, 2025