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KUWAIT: talabat, the leading on-demand online ordering platform in the MENA region, launched its “Back to School” campaign, enabling parents across Kuwait to shop for all school essentials – from groceries and stationery to retail and lifestyle items – with exclusive discounts and home delivery. This campaign, which runs from mid-August till the first week of October, aligns with the platform’s yearlong efforts to strengthen Kuwait’s e-commerce industry and digital economy by expanding its network of local and international partners to meet the market’s evolving needs. It also reaffirms talabat’s core brand promise of making customers’ preferred products easily accessible.Groceries…

Federal Reserve Governor Lisa Cook’s lawsuit against Donald Trump challenges his ability to remove her from office, but only briefly addresses the central accusations that she committed mortgage fraud.One part of the documents filed in the suit suggests that the issue at hand regarding documents Cook submitted for home loans may have been caused by a “clerical error” on her part and asserts that even if a mistake was made it does not rise to an offense that would justify removing her from office.The complaint mostly focuses on rules outlined in the Federal Reserve Act that state Fed officials can…

The UEFA Champions League is back and, as we prepare for the second season of the “League Phase” format, it’s worth a refresher of how it plays out. Some changes that were made were simple, others were more complicated, and a few might still seem a bit of a mystery until we get to the knockout rounds in February even though we’ve already had a taste of it. Oh, and there’s been a change to the knockouts for this season.So, what is the new format? How did the draw work? And what will the League Phase look like?The stage for…

Charles Giancarlo, Pure Storage CEO, joins CNBC’s ‘Closing Bell Overtime’ on Aug. 27, 2025. CNBCPure Storage shares jumped 32% on Thursday and closed at a record after the data storage management vendor reported quarterly results that topped estimates and lifted its guidance for the year.Wall Street was particularly enthused about the early success of the company’s deal with Meta.In March, Pure announced it had secured an agreement with Meta to be the social media company’s “key storage provider.” That came three months after Pure teased a new contract with an unnamed “top four” AI hyperscaler. The deal was viewed as…

Check out the companies making headlines in midday trading: Nvidia — The graphics processing unit manufacturer slipped more than 1% after its data center revenue came in below estimates for the second straight quarter. However, Nvidia posted a second-quarter earnings and revenue beat. Hormel — The food company’s stock fell more than 13% to a 52-week low after it warned profits would be lower than expected in the current quarter as it grapples with higher commodity costs. For the fourth quarter, Hormel expects to earn between 38 cents and 40 cents a share, which is significantly below the 49 cents…

Nike is planning another round of layoffs as part of CEO Elliott Hill’s efforts to realign the business and get it back to growth, CNBC has learned. The cuts will impact less than 1% of Nike’s corporate staff. It’s unclear how many jobs will be impacted. Nike’s EMEA and Converse businesses will not be impacted. “As we shared in Q4 earnings, NIKE, Inc. is in the midst of a realignment. The moves we’re making are about setting ourselves up to win and create the next great chapter for NIKE,” the company told CNBC in a statement. “This new formation is built to put sport…

Rows of Volkswagen ID Buzz electric buses are parked at the National City Marine Terminal, a major port for vehicle imports and exports to the U.S.Kevin Carter | Getty Images News | Getty ImagesThe European Union formally proposed Thursday to remove tariffs on American industrial goods, fulfilling a key element of the U.S.-EU framework trade agreement and ensuring that lower automobile tariffs will be retroactive to the beginning of August.The European Commission, the executive arm of the EU, said in a statement that the removal of duties on industrial goods, along with providing “preferential market access” for some U.S. seafood and…

Palestine’s leading human rights group on Thursday presented further evidence of genocide in Gaza, accusing Israel of seeking to annihilate Palestinians in the enclave.  In a 204-page report titled Voices of the Genocide, the Palestinian Centre for Human Rights (PCHR) concluded that Israel has committed four of the five acts prohibited under the 1948 Genocide Convention, with the intent to destroy Palestinians in Gaza as a group. PCHR has previously labelled Israel’s conduct in Gaza as a genocide, but Thursday’s report is the culmination of the organisation’s documentation of genocidal evidence over the past 22 months. The report, released on Thursday, echoes others…

Aug 28, 2025, 12:09 PM ETUnited States international Giovanni Reyna said he’s disappointed, but that he understands why he was left out of Mauricio Pochettino’s squad for a pair of upcoming friendlies in September.The 22-year-old attacking midfielder just completed a move to Borussia Mönchengladbach from Dortmund, but a lack of playing time with his old club and no time to settle in with his new one were likely key factors in being left out of Pochettino’s side.And Reyna told ESPN that he gets it.- WATCH: Interview with Gio Reyna, Joe Scally on Fútbol Americas (Thursday, 8:30 p.m. ET)”Yeah, I mean,…

Ruben Amorim is set to be in charge for Manchester United’s Premier League fixture against Burnley on Saturday, sources have told ESPN, with club bosses refusing to panic despite the defeat to Grimsby Town.Amorim’s position has come under renewed scrutiny following the shock result on Wednesday night which saw a much-changed United team knocked out of the Carabao Cup by the fourth-tier side.Afterwards, the Portuguese coach, who is under contract until 2027, said “something has to change” and hinted he would assess his own position with the hierarchy during the September international break following Burnley’s visit to Old Trafford this…