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Economy: Porsche reports profit decline but remains optimistic

German automaker Porsche saw a significant 30% drop in operating profit in the first quarter of 2024 to €1.28 billion. This was due to...

Remy Cointreau Shares Surge on Strong Q4 Results

Paris, April 26, 2024 (Financeflashnews): Shares in French cognac maker Remy Cointreau jumped 6.8% on Friday after the company reported better-than-expected fourth-quarter results. The...

Gold prices rise on weak US data, PCE inflation eyed

Gold prices edged higher in Asian trading on Friday as the US dollar weakened following soft US GDP data and as markets awaited fresh...

Bank of Japan keeps monetary policy unchanged, expects inflation to rise and moderate economic growth

Tokyo, April 26, 2024: The Bank of Japan (BoJ) kept its monetary policy unchanged today, leaving its key overnight interest rate in the -0.1%...

Stripe Brings Back Crypto Payments, This Time with Stablecoins

San Francisco, April 26, 2024: Payment service Stripe is re-entering the world of cryptocurrencies after a four-year hiatus, having paused support for Bitcoin in...

Asian stocks rise on strong US gains, Japan mixed on BOJ signals

Tokyo, April 26, 2024: The majority of Asian markets rose on Friday, with gains in Microsoft and Alphabet boosting technology stocks. Japanese stocks, however,...

Nestle sales slide in Q1 as currencies and North America weigh

Bern, April 25, 2024 – Swiss food giant Nestle reported a decline in sales of nearly 6% in the first quarter of this year...

The European Parliament has approved stricter rules against money laundering and terrorist financing

Strasbourg, 25 April 2024 – The European Parliament (EP) on Wednesday 24 April approved a package of legislative measures that strengthen EU's tools to...

Teen Alcohol and Nicotine Use on the Rise in Europe, Warns WHO

New research by the World Health Organization (WHO) reveals a concerning trend: substance use among teenagers in Europe, Central Asia, and Canada is increasing....

US jobless claims fall unexpectedly, labor market remains strong

WASHINGTON, April 25, 2024 – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting that job growth likely...

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