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German Steelmaker Salzgitter Fell into Loss in Q2

Frankfurt, August 12 (FFN) - German steel company Salzgitter reported a loss for the second quarter, partly due to a decline in revenue caused...

Retail Sales Growth in Turkey Accelerated in June

Ankara, August 12 (FFN) - Retail sales growth in Turkey accelerated in June 2024 for the first time in four months, according to data...

Global Wind Turbine Manufacturer Vestas Lowers Full-Year Outlook

Copenhagen, August 12 (FFN) - Danish company Vestas, the world’s largest manufacturer of wind turbines, has announced that it expects to report a loss...

China Admits Baltic Pipeline Was “Accidentally” Damaged by Hong Kong-Flagged Ship

Beijing, August 12 (FFN) - China has reportedly admitted that a pipeline in the Baltic Sea between Finland and Estonia was "accidentally" damaged by...

U.S. Officials to Travel to China for Economic Talks

Washington, August 12 (FFN) - The U.S. government announced on Monday that it will send a delegation from the Treasury Department and the financial...

Inflation Expectations Among U.S. Households Remained Nearly Unchanged in July

New York, August 12 (FFN) - Inflation expectations among American consumers remained nearly unchanged in July, according to a survey released on Monday by...

CEOs of Major UK Companies Received Record Salaries in 2023

London, August 12 (FFN) - CEOs of the largest UK companies enjoyed record pay in 2023, with nine firms awarding their top executives over...

Powerful Earthquake Hits Morocco: Death Toll Rises to 2,497, Damage Estimated in Billions

A devastating earthquake with a magnitude of 6.8 struck Morocco on the evening of Friday, September 9, 2024. The epicenter was located in the...

Cryptocurrency Market Shaken by Regulatory Uncertainty and Price Volatility

August 11, 2024 (FFN) – The cryptocurrency market is once again in turmoil as Bitcoin, the world's largest digital asset, struggles to maintain stability...

Russian Central Bank May Raise Interest Rates Above 20%

Moscow, August 11 (FFN) – The key interest rate in Russia could rise above 20% in the coming months if the central bank continues...

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