Friday, October 4

Business

Saudi Arabia adjusts economic outlook and expects higher deficits
Business

Saudi Arabia adjusts economic outlook and expects higher deficits

More news - News 24 hours Saudi Arabia has revised its economic projections, now forecasting slower growth and higher budget deficits in coming years. This adjustment reflects the government's cautious approach in the face of uncertainties in global economic conditions and domestic fiscal challenges. With growth expectations revised downwards, forecasts point to challenges arising from fluctuating oil prices and increased government spending on infrastructure and public services. These projected higher deficits are part of a broader strategy to manage the country's fiscal health while continuing to finance major development projects. This development is a key component of Saudi Arabia's Vision 2030, which aims to diversify the economy and reduce dependence on oil revenues. Investment...
Klarna partners with Adyen to extend “buy now, pay later” services to traditional retailers
Business

Klarna partners with Adyen to extend “buy now, pay later” services to traditional retailers

More news - Recent news In a strategic move to improve the shopping experience, Klarna has announced a new collaboration with Adyen, a move set to extend its popular “buy now, pay later” options into the realm of physical retail. This partnership aims to integrate seamless payment solutions that meet the evolving needs of in-store shoppers. This initiative marks a significant step for Klarna as it moves its deferred payment services from online platforms to tangible store settings, allowing customers to enjoy the flexibility of staggered payments throughout their in-person shopping journeys. Adyen's proven expertise in payment technology will be instrumental in implementing these services smoothly and securely. The collaboration is expected to empower retailers by offering them an ad...
China investigates Calvin Klein parent company for supply chain problems in Xinjiang
Business

China investigates Calvin Klein parent company for supply chain problems in Xinjiang

More news - Recent news The Chinese government has launched an investigation into the operations of Calvin Klein's parent company, focusing on alleged disruptions in the Xinjiang supply chain. This move highlights current concerns regarding supply chain transparency and human rights in the region. The investigation aims to examine sourcing practices that have been linked to the Xinjiang region, known for its controversial human rights record. Authorities are concerned about how these practices could affect both local and international labor standards. The investigation comes at a critical time when global brands are under increasing pressure to ensure their supply chains are free from ethical breaches, including forced labour. The outcome of this investigation could have significant ...
The rise of birria in American cuisine
Business

The rise of birria in American cuisine

More news - Latest news Birria has emerged as a culinary sensation, captivating food enthusiasts and making a prominent appearance on restaurant menus nationwide. This traditional Mexican dish, known for its rich, savory flavors, has transcended its regional origins to become a staple in several culinary establishments across the United States. Restaurants from coast to coast have embraced birria, incorporating it into various innovative dishes beyond classic tacos. These include birria burritos, birria-topped fries, and even birria-infused munchwraps, demonstrating the dish's versatility and widespread appeal. The deep, complex flavors of birria, featuring slow-cooked meat marinated in a blend of spices and chilies, offer a comforting, hearty meal option that resonates with a wide a...
Hoda Kotb is leaving NBC’s “TODAY” morning show
Business

Hoda Kotb is leaving NBC’s “TODAY” morning show

More news - News 24 hours Hoda Kotb has officially announced her departure from the iconic morning show "TODAY" on NBC. This startling revelation marks the end of a significant chapter for both Kotb and the program, which has enjoyed years of his charismatic hosting. Kotb's exit from "TODAY" was shared during a heartfelt segment on the show, in which she expressed her deep gratitude to her colleagues and viewers who have supported her throughout her journey. Her decision to leave opens up new avenues personally and professionally, although specific details about her future endeavors remain undisclosed at this time. The news of Kotb's departure was met with an outpouring of well wishes and reflections on his impactful career at NBC. Known for her vibrant personality and empathetic int...