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On May 14, Iranian Foreign Minister Araqchi stated that there is no military solution to the Iranian issue, and the Iranian people will never succumb to any threats or pressure. Araqchi also stated that Iran is prepared to fight to defend its freedom and territory, and is also prepared to continue resolving the issue through diplomatic channels.May 14th - The peak summer grain procurement season for 2026 is about to begin. Recently, ten departments, including the National Development and Reform Commission and the National Food and Strategic Reserves Administration, jointly issued a notice requiring the smooth operation of the 2026 grain procurement work. Through measures such as strengthening the overall organization of grain procurement, reinforcing the implementation of grain procurement policies, and continuously optimizing procurement services, the notice aims to ensure smooth channels for farmers to sell their grain and maintain the stable operation of the grain market. During this years summer grain procurement period, the state will continue to implement the minimum purchase price policy in major producing areas, adhering to a dual-drive approach of "market-led and policy-supported." Central state-owned enterprises such as China Grain Reserves Corporation (Sinograin) and COFCO will take the lead in entering the market and remain actively involved, improving service efficiency through "online appointments + offline procurement" to ensure that "money and warehouses are ready for grain," thus guaranteeing farmers income.Indian government data shows that the fuel price index in the wholesale price index rose 24.71% year-on-year in April.On May 14th, Jozsef Varadi, CEO of European low-cost carrier Wizz Air, stated that despite the impact of the conflict in Iran, the company expects revenue to increase by 2% year-on-year during the crucial summer travel season, thanks to its low fares attracting a large number of passengers and helping to offset the impact of the conflict. Varadi noted, "For the summer peak season, we have not only seen an increase in passenger volume but also observed an increase in revenue." This forecast sends a positive signal at a time when the air travel market is struggling with soaring fuel prices and concerns about declining passenger numbers.Iranian Foreign Minister Araqchi: Tehran calls on BRICS members to unequivocally condemn the aggression against Iran by the United States and Israel.

Pinterest Cuts Roughly 150 Staff

Aria Thomas

Feb 02, 2023 11:41

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Bloomberg News reported on Wednesday that Pinterest (NYSE:PINS) Inc is cutting off approximately 150 people, or less than 5% of its overall employment. Pinterest joins a flurry of technology companies that are laying off workers to save costs.


The digital search company that allows users to build online pinboards notified affected employees on Wednesday, according to a report quoting a source with knowledge of the company.


Not all teams inside the San Francisco-based corporation were hit to the same extent by the layoffs.


A corporate representative confirmed layoffs to Reuters, stating, "We're implementing organizational changes to better position us to deliver on our company priorities and long-term strategy." However, the official declined to confirm the amount of layoffs.


The spokesman stated that Pinterest will provide all affected workers with severance packages, benefits, and other services during the transition.