This CNBC documentary is about the rise and fall of Vladislav Klyushin and his business empire. Klyushin was just released from a U.S. prison in a prisoner swap.
Japan confirms $36.8 billion currency intervention as weak yen pushes BOJ to hike interest rates
Japanese authorities spent 5.53 trillion yen, or $36.8 billion, to shore up the yen in July, official data published Wednesday showed.
3 ‘path of totality’ solar eclipse cruises will set sail in 2026 from Boston, Portugal and the UK
The cruise line is offering three itineraries that will put the ships in the path of totality.
HSBC shares rise 3% after profit beat, $3 billion buyback announcement
HSBC posted a narrow decline in pretax profit in the first half of the year, but beat expectations on the back of a high-interest rate environment.
Euro zone inflation rises to 2.6% in July, above expectations
Headline inflation in the euro zone unexpectedly rose to 2.6% in July, the European Union’s statistics agency said Wednesday.
Banks get bullish on the British pound despite the possibility of an imminent snapback
Sterling’s recent runup comes despite traders pricing in the potential of a rate cut in August by the Bank of England.
Euro zone’s economy grew 0.3% in second quarter, above expectations despite German contraction
The euro zone’s economy grew by more than expected in the second quarter of 2024, flash figures from the European Union’s statistics office showed Tuesday.
Oil major BP raises dividend as second-quarter profit beats expectations
British oil giant BP on Tuesday reported stronger-than-expected net profit for the second quarter following a warning over lower refining margins.
Johnnie Walker-maker Diageo plunges 5% on full-year sales decline, but Guinness a bright spot
Shares of spirits giant Diageo tumbled on Tuesday morning, after the Johnnie Walker-maker posted its first sales decline since the start of the pandemic.
Ford, GM, Stellantis face a daunting second half of 2024
The U.S. market – a profit engine for most automakers – is normalizing after years of record high prices, low vehicle inventories and resilient demand.