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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...

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...

JPMorgan and Goldman Sachs Pivot to Stability Amid Volatility

New York (FFN) - In a bold response to the recent market turbulence, some of the world's largest financial institutions are making strategic shifts...

Trump Media Struggles as Revenue Falls and Losses Mount, Bets Big on Conservative Streaming

New York (FFN) — Trump Media & Technology Group (TMTG), the parent company of Truth Social, is struggling financially despite its valuation of $5...

Blink Fitness Bankruptcy: Over 400,000 Members Impacted by Potential Closures

New York (FFN) - Blink Fitness, a budget-friendly gym chain with monthly memberships ranging from $15 to $45, has filed for bankruptcy and announced...

HB Deal Boosts Lucara Diamond Sales

Lucara Diamond Corp. saw a rise in both sales and earnings during the second quarter, as its supply agreement with HB and a focus...

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