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RBI’s Russian subsidiary to stop processing outgoing USD transfers

VIENNA, May 29, 2024 - In an unexpected move, the Russian subsidiary of Austrian banking group Raiffeisen Bank International (RBI) has announced that...

EU delays decision on China electric car tariffs until after June polls

Brussels, May 29, 2024 - The European Commission (EC) has postponed its decision on tariffs for Chinese electric car imports until after the...

Elon Musk Plans Gigantic Supercomputer for xAI Launch

Washington, May 26, 2024 – American billionaire and tech mogul Elon Musk has unveiled an ambitious project in the realm of artificial intelligence. He...

Elon Musk’s AI Startup xAI Secures $6B in Series B Funding, Valued at $24B

London, May 27, 2024 (FinanceFlashNews) Elon Musk's AI startup, xAI, has achieved a significant milestone by securing $6 billion in Series B funding. These...

SEC Approves Ethereum ETFs

Washington, D.C., May 25, 2024 – The U.S. Securities and Exchange Commission (SEC) has approved the launch of Ethereum exchange-traded funds (ETFs), paving the...

Ralph Lauren Reports Strong Q4 and Full Year Fiscal 2023/2024 Results

New York, NY – May 24, 2024 – American fashion house Ralph Lauren posted nearly a threefold increase in profit in the last quarter...

Elon Musk against US tariffs on Chinese electric vehicles

Elon Musk, the founder and CEO of Tesla, has spoken out against the Biden administration's decision to quadruple tariffs on Chinese electric vehicles imported...

Declining Bitcoin and Ether Prices: Rising US Interest Rates Dampen Investor Optimism

London, May 24, 2024 – Cryptocurrency markets experienced a downturn on Friday as Bitcoin and Ether prices fell, shedding significant gains from the previous...

Marks & Spencer Profit Soars Over 40% in Last Fiscal Year

London, May 22, 2024 (TASR) - British retailer Marks & Spencer (M&S) announced a significant jump in profit for the fiscal year ended 2023/24....

Japan Trade Deficit Widens in April

Tokyo, May 23, 2024 (TASR) - Japan’s trade deficit widened in April as the value of imports exceeded that of exports, the Ministry of...

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