Author: bibhuti

Tamara, a buy now pay later platform for consumers in Saudi Arabia and the wider GCC region, has raised $340 million in a financing C round that values the fintech at $1 billion. Saudi asset manager and financial institution SNB Capital and Sanabil Investments, a wholly-owned company by Saudi’s sovereign wealth fund Public Investment Fund (PIF), led the Series C round. Other backers include Shorooq Partners, Pinnacle Capital, Impulse and others, joining existing investors such as Checkout.com. The round, composed of primary capital and a transaction of some secondary shares, is among the largest investments in a fintech in the…

The UK Government is ushering in a positive change in employment and wages, especially for the younger workforce. This development happens annually on 1 April of each year and stems from recommendations by the Low Pay Commission (LPC) who are dedicated to protecting the wages and living standards of the lowest-paid workers. Let’s delve into the details and understand what this means for this youngest working demographic.What’s changing?From April 2024, the minimum wage is poised to increase to £11.44 per hour for workers over the age of 21.This amounts to a 12.4% for over-21s which is a £1,800 raise for full-time workers,…

Unilever will sell its Elida Beauty business to an American private investment firm as it looks to optimise its personal care portfolio. The financial terms of the deal, which were not disclosed, are expected to close in mid-2024. The buyer, Yellow Wood Partners, has already invested in a host of personal care products including Dr Scholl’s foot care line and Real Technique makeup brushes. Fabian Garcia, president of Unilever Personal Care, said that the sale marks another step towards the “optimisation of its personal care portfolioâ€�. “Our priority is to step up the growth of our Power Brands by investing…

The 77-year-old Scottish actor, known for playing Logan Roy in the hit TV drama Succession, said he is “too old” to be a contestant on the dancing competition. Appearing on BBC One programme Sunday With Laura Kuenssberg, the Emmy award-winning actor spoke about the show and said: “I’ve actually been asked to be on it.” Asked if he said yes to an appearance, he responded: “No, I declined. Well… I mean, I like dancing, don’t get me wrong… I don’t know why but I just, I always see that there’s a sort of joke element in it. “You know, there’s…

Alginate is a biocompatible and biodegradable substance found in seaweed. Now, researchers from Tokyo University of Science have used alginate from seaweed washed ashore, CaCO3, and carbonated water to develop a hydrogel which exhibits lower skin adhesion and swelling. These properties, though exactly opposite of conventional wound dressings, can help prevent the expansion of the wound site during recovery and the obtained hydrogel has high wound healing efficacy. Credit: Ryota Teshima from Tokyo University of Science Acting as the main interface between the internal and the external world, the skin is the largest and most important organ of the human…

Some 285 patients waited between 30 minutes and an hour in the back of an ambulance when they arrived at the hospital in the week to December 3. It means 15 per cent of the 1,860 patients who visited the department that week experienced delays. This is, however, an improvement from 17 per cent during the same period in 2022. Meanwhile, 96 other people were forced to wait for more than an hour and 468 handovers took between 15 and 30 minutes. Ambulance services across England have improved in the first week of the month this year compared to the same period last…

Location : The M1 southbound between junctions J12 and J11A . Reason : Congestion. Status : Currently Active. Return To Normal : Normal traffic conditions are expected between 07:45 and 08:00 on 18 December 2023. Delay : There are currently delays of 15 minutes against expected traffic. Source link

Image Credit: TLC Kody Brown doesn’t hesitate to go off about Christine Brown in the latest edition of the Sister Wives: One on One special. In the December 17 episode, host Sukanya “Suki” Krishnan asks for Kody’s reaction to Christine’s claim that Robyn Brown doesn’t ultimately want to live a plural lifestyle. He doesn’t mince words about his ex. “I don’t think Christine knows Robyn at all,” Kody says. “She’s never tried. She’s never been there. She was a sh*t sister wife. She’ll probably — and I hope — be a very good wife for David. It wasn’t a fit.…

In the three months ending Oct. 31, defunct crypto exchange FTX has been burning through approximately $53,000 every hour on bankruptcy lawyers and advisers, the latest round of compensation filings show. Court filings from Dec. 5 to Dec. 16 show that the bankruptcy lawyers have charged at least $118.1 million between Aug. 1 and Oct. 31. Over the 92 days, this amounts to $1.3 million per day or $53,300 per hour.  The largest bill came from the management consulting firm Alvarez and Marshall, which charged $35.8 million for its services for the three months.Alvarez and Marshall charged a total of $35.8 million in…

Does thinking about faith make religious people more likely to take leaps? A new study lead by York University’s Faculty of Health says yes, finding that participants were more likely to take risks when thinking about God as a benevolent protector. “While the theoretical link between a belief in God and risk taking has been around for a while, the methods previous studies employed to test this weren’t the strongest, based on current best practices,” says lead author Cindel White, an assistant professor in the Department of Psychology. “Our carefully designed study confirmed that those who believe God will protect…