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Russian Banks Struggle to Obtain Yuan Amid Tighter Sanctions

Moscow, August 13 – Stricter U.S. sanctions have limited the flow of Chinese yuan into Russia, forcing Russian banks to borrow the currency from...

Central Bank’s Monetary Policy Hinders High Economic Growth, Says Polish PM

Warsaw, August 13 – The restrictive monetary policy of Poland's central bank is making it difficult for the country to achieve strong economic growth,...

Russian Ruble Plunges to 10-Month Low Against the Dollar

Moscow, August 13 – The Russian ruble continued its decline on Tuesday, briefly hitting a 10-month low against the US dollar, as markets reacted...

Carlsberg Raises 2024 Profit Forecast Despite Weak Q2 Sales

Copenhagen, August 13 – Danish brewer Carlsberg raised its full-year profit growth forecast on Tuesday, despite reporting weaker-than-expected sales in the second quarter. The...

Henkel’s Profit Surges Over 80% in H1 2023

Düsseldorf, August 13 – German consumer goods giant Henkel reported a significant profit surge of over 80% in the first half of 2023. The...

Investor Sentiment in Germany Deteriorates Sharply in August

Berlin, August 13 (FFN) - Investor sentiment in Germany significantly worsened in August, recording the steepest decline in two years. This information comes from...

UK Unemployment Rate Falls from Two-and-a-Half-Year High

Employment Gains Drive Job Market Improvement The unemployment rate in the United Kingdom has seen a notable decline, dropping to 4.2% in the three months...

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