Nestlé to lay off 16000 workers in worldwide operational overhaul
VEVEY, Switzerland, Oct 17, 2025: Nestlé SA announced Thursday that it will eliminate 16,000 jobs globally over the next two years as part of a broad cost-reduction...
Month : October 2025
Apple upgrades Vision Pro with M5 chip and Dual Knit Band
CUPERTINO, California, Oct. 16, 2025: Apple on Wednesday announced a major update to its mixed-reality headset, unveiling the new Vision Pro featuring the M5 chip and an...
Apple debuts M5-powered MacBook Pro with faster AI
CUPERTINO, California, October 16, 2025: Apple Inc. has introduced a refreshed 14-inch MacBook Pro featuring its new M5 chip, delivering a marked upgrade in artificial intelligence performance,...
Rasmala Announces $500 Million Poseidon Fund Exit
Poseidon Fund delivers over 8x return to participating shareholders...
Graid Technology Announces Strategic License Agreement With Intel Corporation to Accelerate RAID Innovation
/ Graid Technology announced an agreement with Intel Corporation to enter into a license agreement granting Graid Technology the rights to develop, market, sell, and...
Banff upgrades transit to address tourist congestion
BANFF, Alberta, October 14, 2025: Parks Canada has introduced a series of traffic management and visitor flow measures in Banff National Park as it faces a record-breaking...
Padcom and General Holdings Sign Term Sheet for USD 55 Million Structured Investment
/ Potash and Agri Development Corporation of Manitoba Ltd. ("Padcom") and General Holdings Limited ("General Holdings"), a Dubai International Financial Centre (DIFC)-based private investment platform,...
Gaza ceasefire sees Trump hail Sisi’s mediation role
SHARM EL SHEIKH, Egypt, Oct 13, 2025: U.S. President Donald Trump on Monday praised Egyptian President Abdel Fattah El-Sisi for what he described as a critical contribution to securing a ceasefire...
Dutch government takes control of China‑owned chip firm
The Hague, October 13, 2025: The Dutch government has taken direct control of Nexperia, a Netherlands-based chipmaker owned by China’s Wingtech Technology, citing significant governance shortcomings and the need...
EU adds six new AI Factories to expand supercomputing capacity
BRUSSELS, October 11, 2025: The European Commission announced on Friday the addition of six new AI Factories to its growing network, marking a significant step in its efforts...