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Published on May 21, 2025

CEO Who Bragged About Replacing Human Workers With AI Realizes He Made a Terrible Mistake

The company's net losses just doubled. Do No Klarn Swedish buy-now-pay-later company Klarna, whose CEO once bragged about its automated customer service AI bots doing the work of "700 full-time agents," is now in deep trouble. The fintech …

Source: Futurism - Neutral
Published on May 21, 2025

Klarna Posts $99M Loss in Q1 2025 as Credit Defaults Surge Amid U.S. Economic Uncertainty

The Swedish “Buy Now, Pay Later” (BNPL) fintech Klarna announced a first-quarter 2025 net loss of $99 million, more than twice as much as it lost in the same quarter the previous year ($47 million). The company blamed rising consumer defaults for the loss, …

Source: London Daily Digital - Pending
Published on May 21, 2025

Japan’s economic journey: lessons from rise and stagnation

Japan’s economic story is a rollercoaster of triumph and cautionary tales. From the ashes of World War II to global dominance in the 1980s, and then a prolonged stagnation, Japan’s trajectory offers valuable lessons for nations and policymakers. By diving …

Source: Business Recorder - Neutral
Published on May 20, 2025

UK Moves to Regulate Growing Buy Now, Pay Later Industry Amid Concerns for Consumers

The United Kingdom is taking steps to regulate the burgeoning buy now, pay later (BNPL) sector with the aim of protecting consumers from taking on untenable debt. The country’s Financial Conduct Authority (FCA) this week fielded proposals surrounding the …

Source: Sourcing Journal - New York - Neutral
Published on May 18, 2025

Week Ahead for FX, Bonds: PMI Data in Focus as Investors Gauge Impact of Tariffs on Economy

A general view of interior of a Nucor steel factory in Blytheville, Arkansas, U.S., March 28, 2025. REUTERS/Karen Pulfer Focht - karen pulfer focht/Reuters Below are the most important global events likely to affect FX and bond markets in the week …

Source: Yahoo Finance - Center-left

05 days 01:18:02

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Published on May 21, 2025 - 22:57 GMT

Syrian Foreign Minister Hails EU Move to Lift Sanctions on Syria

(MENAFN) Syrian Foreign Minister Asaad al-Shaibani praised the European Union's recent decision to remove economic sanctions on Syria, describing it as “a new historic achievement” for the nation. “We, together with our people, have achieved a historic …

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Published on May 21, 2025 - 22:56 GMT

EU Approves Defense Loan Plan

(MENAFN) As part of an increasing drive for Europe to enhance its own defense capabilities, the European Union member states have reached a consensus on a substantial EURO150 billion (USD170 billion) loan initiative. This financial package is designed to …

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Published on May 21, 2025 - 15:11 GMT

TCT Expands Support for EU Financial Sector with Simpler DORA Compliance

TCT Portal supports compliance for virtually any regulation, including PCI DSS, GDPR, ISO standards, and now DORA ROCHESTER, MI, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Total Compliance Tracking (TCT), a global leader in compliance …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 22:56 GMT

Syria Welcomes EU’s Removal of Sanctions

(MENAFN) Syrian Foreign Minister Asaad al-Shaibani expressed gratitude for the European Union’s decision on Tuesday to eliminate economic sanctions against Syria, describing the development as “a new historic achievement” for Syrians. This milestone, he …

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Published on May 21, 2025 - 15:15 GMT

TCT Expands Support for EU Financial Sector with Simpler DORA Compliance

TCT Portal supports compliance for virtually any regulation, including PCI DSS, GDPR, ISO standards, and now DORA ROCHESTER, MI, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Total Compliance Tracking (TCT), a global leader in compliance …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 21, 2025 - 23:00 GMT

Fajon in Brussels: EU must unite even more and raise its voice in humanitarian efforts

SLOVENIA, May 20 - "We are following with great concern the increase in humanitarian crises around the world and the reduction in funds for development cooperation and humanitarian aid. This puts the EU, as a global donor, to an important test that we …

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Published on May 21, 2025 - 12:06 GMT

World ESG & Climate Summit 2025: Nikos Avlonas Unpacks EU Legislation’s Role in Shaping Corporate Sustainability

CSE’s Nikos Avlonas outlines key CSRD steps and ESG trends for SMEs at the World ESG & Climate Summit 2025 in Amsterdam AMSTERDAM, SOUTH HOLLAND, NETHERLANDS, May 21, 2025 /⁨EINPresswire.com⁩/ -- Nikos Avlonas, President of the Center for …

Distribution channels: Agriculture, Farming & Forestry Industry, Automotive Industry ...
Published on May 21, 2025 - 13:18 GMT

EU Reveals USD170B Defense Loan Initiative to Enhance Security

(MENAFN) In a significant move toward enhancing European self-reliance in defense, EU nations have approved a €150 billion ($170 billion) loan initiative aimed at increasing defense expenditures through 2030. The funding will support collaborative military …

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Published on May 21, 2025 - 21:43 GMT

முள்ளிவாய்க்கால் இனவழிப்புக்கு ஒரு சுதந்திர அரசே பரிகாரம் - விசுவநாதன் ருத்ரகுமாரன்

ஆயிரமாயிரமாய் தமிழ் மக்கள் கொல்லப்பட்டனர். பல்லாயிரக்கணக்கானவர்களுக்கு என்ன நடந்தது என்பது இன்று வரை தெரியவில்லை. COLOMBO, SRI LANKA, May 21, 2025 /⁨EINPresswire.com⁩/ -- 2009.மே மாதத்தில் முள்ளிவாய்க்கால் பகுதியில் சிங்களம் நடத்திய …

Distribution channels: Human Rights, International Organizations ...
Published on May 21, 2025 - 21:18 GMT

Statement about Reported DOGE Activities Affecting Federal Statistics

WASHINGTON, DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- The following is a statement from Nick Hart, President and CEO of the Data Foundation: "The Data Foundation is concerned about and monitoring the expanding scope of potential …

Distribution channels: Business & Economy, Politics ...
Published on May 21, 2025 - 19:31 GMT

LGBTQ+ Leaders Urge California Lawmakers to Restore Devastating Cuts to Health Equity Programs

$31 Million Slashed from LGBTQ+ Health Programs in Governor’s Budget Threatens Critical Services Across the State SACRAMENTO, CA, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- A broad coalition of leading LGBTQ+ advocacy organizations …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on May 21, 2025 - 15:41 GMT

USHBC Endorses Sen. Ruben Gallego’s Immigration Framework as a Blueprint for Security and Prosperity

WASHINGTON DC, DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- The United States Hispanic Business Council (USHBC) proudly endorses Senator Ruben Gallego’s Plan for Border Security and Immigration Reform, “Securing the Border and Fueling …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on May 21, 2025 - 15:01 GMT

Building the Right Family Office with Parallel Governance, Insights from EY’s Family Enterprise & Office Leaders

New Podcast, Webcast Hosted by Family Enterprise USA Now Available WASHINGTON, DC, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Creating the right family office and establishing separate governing structures for families and their …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 22, 2025 - 01:07 GMT

The NATO PA mourns the loss of former President the Honourable Gerald E. Connolly

21 May 2025 The former President of the NATO Parliamentary Assembly (NATO PA), the Honourable Gerald E. Connolly (United States), passed away on Wednesday 21 May 2025. The Assembly mourns his loss deeply and will pay homage to him throughout the upcoming …

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Published on May 21, 2025 - 12:47 GMT

Global Dementia Emergency: only one in five countries has a plan, as cases set to nearly triple

Today Alzheimer’s Disease International urges World Health Organization to extend the Global Action Plan on dementia to 2031 GENEVA, SWITZERLAND, May 21, 2025 /⁨EINPresswire.com⁩/ -- Alzheimer’s Disease International (ADI) today warns that the …

Distribution channels: Healthcare & Pharmaceuticals Industry, International Organizations ...
Published on May 22, 2025 - 00:36 GMT

OSCE on the RSNA’s adoption of the Law on financing of political organizations

SARAJEVO, 21 May 2025 - Following the adoption of the Law on financing of political organizations before the Republika Srpska National Assembly (RSNA), the OSCE Mission to BiH cautions authorities in Republika Srpska that the adoption of such a law risks ( …

Distribution channels: Politics
Published on May 21, 2025 - 12:25 GMT

Knutson + Casey Welcomes Accomplished Attorney Dan McIntosh to the Firm

Former Steele County Attorney ROCHESTER, MN, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Knutson + Casey is proud to announce the addition of Dan McIntosh to its legal team. A seasoned trial attorney with more than two decades of …

Distribution channels: Business & Economy, Companies ...
Published on May 22, 2025 - 00:14 GMT

Azar Nafisi in Conversation: The Role of Literature in Times of Crisis

The Middle East Institute Arts and Culture Center invites you to a special evening with acclaimed author and literary scholar Azar Nafisi, celebrated for her international bestseller Reading Lolita in Tehran. Drawing on both personal experience and …

Distribution channels: Politics
Published on May 22, 2025 - 00:14 GMT

Back to reality: Gravity remains in place after Trump’s trip

So much for the afterglow of US President Donald Trump’s historic trip to the Middle East last week (May 13-16). The harsh realities of the region’s threats and challenges, like Iran and the Gaza war, stubbornly persist following the pomp and circumstance …

Distribution channels: Politics
Published on May 21, 2025 - 07:59 GMT

Pope Leo XIV Calls for Immediate Ceasefire and Lifting of the Blockade to Allow Humanitarian Aid into Gaza

Pope Leo XIV Calls for an Urgent Ceasefire in Gaza and Pushes for the Blockade to be Lifted, Allowing Humanitarian Aid to Reach Thousands of Families in Need SOUTHFIELD, MI, UNITED STATES, May 21, 2025 /⁨EINPresswire.com⁩/ -- Born in a …

Distribution channels: Human Rights, International Organizations ...
Published on May 21, 2025 - 19:00 GMT

Brookdale Community College Joins New Jersey Pay It Forward Program to Expand Financial Support for Nursing and ...

Lincroft, NJ, May 21, 2025 (GLOBE NEWSWIRE) -- Brookdale Community College partnered with the New Jersey Pay It Forward Program to provide Nursing and Radiologic Technology students with a new pathway to fund their education. Beginning in Fall 2025, …

Distribution channels: Healthcare & Pharmaceuticals Industry, Politics ...
Published on May 21, 2025 - 18:50 GMT

EB5 Capital Investor Obtains First Permanent Green Card Approval in Nashville Virgin Hotel (JF23) Project

WASHINGTON, May 21, 2025 (GLOBE NEWSWIRE) -- EB5 Capital is pleased to announce the first I-829 petition approval for an investor in its Nashville Virgin Hotel (JF23) project. The United States Citizenship and Immigration Services (USCIS) issues approval …

Distribution channels: Banking, Finance & Investment Industry, Politics ...
Published on May 21, 2025 - 06:15 GMT

CSR Europe Launches 2025 European Sustainable Industry Summit: A Call for Business-Led Action and Smarter Regulation

CSR Europe convenes leaders in Mechelen to explore how smarter regulation and business action can turn sustainability into competitive advantage. BELGIUM, May 21, 2025 /⁨EINPresswire.com⁩/ -- CSR Europe is proud to announce the European …

Distribution channels: Business & Economy, Companies ...
Published on May 21, 2025 - 05:45 GMT

CSR Europe Launches European Sustainable Industry Summit 2025 in Belgium

A high-level Summit in Mechelen, Belgium to shape the future of sustainability, competitiveness, and smarter EU regulation. BELGIUM, May 21, 2025 /⁨EINPresswire.com⁩/ -- CSR Europe is proud to announce the European Sustainable Industry Summit 2025 …

Distribution channels: Business & Economy, Conferences & Trade Fairs ...
Published on May 21, 2025 - 15:00 GMT

Proposed reform of the Safe Third Country concept

Background The 2024 agreement on the Asylum Procedures Regulation (APR) in the Pact on Migration and Asylum included a review of the Safe Third Country (STC) concept due to disagreements among EU member states. The European Commission has completed the …

Distribution channels: Politics
Published on May 21, 2025 - 15:00 GMT

OSCE boosts solar energy skills to support Kyrgyzstan’s clean energy transition

To help drive Kyrgyzstan’s transition to clean energy and meet its growing demand for renewables, the OSCE organized a joint initiative in Bishkek focused on both high-level policy dialogue and technical training. This effort was carried out in partnership …

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Published on May 21, 2025 - 15:00 GMT

Model OSCE in Andorra: Empowering young professionals to engage in peace and security

From 19 to 21 May, the OSCE Secretariat in collaboration with the Government of Andorra, the US Mission to the OSCE, and University of Andorra co-organized the first-ever Model OSCE in Sant Julià de Lòria, Andorra. The three-day event brought together 25 …

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Published on May 21, 2025 - 15:00 GMT

OSCE Presence builds capacities of Albanian judges and prosecutors on investigative and adjudicating techniques on money ...

On 19 and 20 May 2025, the Albanian School of Magistrates in close co-operation with the OSCE Presence in Albania held a specialized capacity-building training aimed at strengthening the skills of judges and prosecutors in investigating and adjudicating …

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