FIFA, the governing body of soccer in the world, announced on Friday that Qatar is banning all beer sales at and around its World Cup stadiums in a dramatic U-turn just two days before the enormous soccer tournament gets underway…. Read More ›
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Target’s Holiday Projections Is Hampered By ‘Stressed’ Consumers, Stock Is Down 17%
US Retailer Target Corp forecasted a surprise drop in holiday-quarter sales, blaming rising inflation and “dramatic changes” in consumer spending for a drop in demand for everything from toys to electronics. Shares of the big-box retailer fell more than 17% in… Read More ›
Coca chewing gets a stylish new look with bubblegum flavor and TikTok followers
Chewing coca has emerged as Bolivia’s newest fashionable trend, with flavors ranging from bubble gum to passion fruit and TikTok stars promoting it. For centuries, Andean villagers have chewed coca leaves, the primary component of cocaine, to combat the effects… Read More ›
As The UK Economy Begins To Contract, A Recession Looms
As the nation enters what is anticipated to be the longest recession in history, the UK economy contracted between July and September. During the three months, the economy shrank by 0.2% as rising prices hit both households and businesses. When… Read More ›
After Terminating Its Partnership With Ye, Adidas Issues A Profit Warning
Due to the German sportswear giant’s termination of its partnership with Kanye West’s Yeezy brand, Adidas on Wednesday lowered its full-year guidance. Ye, formerly known as Kanye West, had a contract with the company terminated on October 25 as a… Read More ›
Elon Musk’s Twitter Acquisition Drives Impetus To Dogecoin
Elon Musk’s purchase of Twitter has given dogecoin, the meme cryptocurrency he popularized, a new leash of life. After the Tesla magnate closed the $44 billion deal, the price of Dogecoin doubled. On October 27, it was trading at about $0.07 when… Read More ›
EU Wants Airbnb And Its Rivals To Share Booking Information With Authorities
According to proposed EU regulations, Airbnb and other short-term home rental businesses will need to share information on the number of users of their platforms, the European Commission announced on Monday. This is part of a light-touch approach to regulating… Read More ›
After Predicting A Recession In The U.S. And Europe, Barclays Lowers The Outlook For China’s GDP
Based in part on predictions of a decline in global demand for Chinese goods, Barclays lowered its forecast for China’s economic growth to 3.8% for the coming year. Recessions are expected in the United States and Europe next year, according… Read More ›
Will Donald Trump Re-Enter The Twitter Sphere?
When Donald Trump was banned from the social media site, ostensibly for life, he was very critical of it. Twitter stated that the permanent suspension was “due to the risk of further incitement of violence” after the Capitol Hill riots…. Read More ›
According To WHO, Deaths Due To Tuberculosis Increased During The Pandemic, Offsetting Years Of Decline
According to the World Health Organization, between 2019 and 2021, tuberculosis deaths are expected to have increased globally, reversing years of decline as the COVID-19 pandemic severely hampered efforts to combat the disease. The COVID-19 pandemic has hampered global efforts… Read More ›