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China’s Yuan Beats US Dollar as the Top Currency Traded in Russia

China’s Yuan Beats US Dollar as the Top Currency Traded in Russia

China's yuan has ousted the US dollar as the most traded currency in Russia in 2023. China's yuan has ousted the US dollar as the most traded currency in Russia in 2023.


Stopgap Spending Bill to Avert Government Shutdown Passes Congress, Waits for Joe Biden's Signature

To avert a looming partial government shutdown, Congress passed a short-term spending bill on Thursday.

Wendy’s Taps PepsiCo Veteran of 32 Years Kirk Tanner to be Burger Chain’s New CEO

Wendy's has chosen Kirk Tanner, a PepsiCo executive of 32 years, as its new CEO. Wendy's has chosen Kirk Tanner, a PepsiCo executive of 32 years, as its new Chief Executive Officer (CEO), effective February 5.

Reddit Aims to Launch IPO in March With $10 Billion Valuation: Report

Popular social media platform Reddit is reportedly gearing up for its long-awaited initial public offering (IPO) in March.


Latest News

China Told to Stop Tests on New Mutant COVID-19 Strain With '100% Fatality Rate' in Mice as It Could 'Spillover' to Humans
Chinese scientists studying a new mutated strain of COVID-19 with a 100% fatality rate in "humanized mice" are being warned against further research due to "spillover risk" to humans.
US Designates Houthis as Terrorists, Launches Fresh Strikes in Yemen After Rebels Hit Another US-Operated Ship
The US has put Houthi rebels back on a list of terrorist organizations following the Yemen-based group's attack on another US-operated vessel in the Red Sea region.
Shein Faces Scrutiny From China's Internet Regulator Ahead of US IPO
China's internet regulator is conducting a security review of Shein. China's internet regulator is conducting a security review of Shein as the fast-fashion giant prepares for its initial public offering in the United States.
Joe Biden Administration Takes Credit for December’s Strong Retail Sales Numbers, Says 'That's Bidenomics at Work'
The administration of President Joe Biden has claimed credit for the strong retail sales numbers in December, saying, "That's Bidenomics at work."
Hez Sanmiguel, Founder and CEO of Sanville Integrated Systems
We often encounter stories of tech startup innovators focusing on groundbreaking ideas and cutting-edge products, achieving extraordinary financial success. However, beneath the surface lies a journey full of challenges, development, and perseverance—that encapsulates the essence of entrepreneurial success. Hez Sanmiguel, the Founder and CEO of Sanville Integrated Systems, exemplifies this. His journey from Monterrey, Mexico, to becoming a tech leader in the U.S. is a testament to overcoming adversity and harnessing opportunities.
Warren Buffett-Led Firm Berkshire Hathaway Buys Remaining 20% Stake in Pilot Travel From Haslam Family
The Warren Buffett-led conglomerate Berkshire Hathaway announced on Tuesday that it is buying the remaining 20% stake in the Pilot truck stop business of the Haslam family.
New Colorado Tax Credit Aims to Slash Child Poverty, Leveraging TABOR Surplus
The chairmen of Congress' top tax policy committees announced on Tuesday a bipartisan initiative to enhance the child tax credit and reintroduce various tax breaks for businesses.
Goldman Sachs, Morgan Stanley 4Q Profits Still Beat Expectations
Goldman Sachs and Morgan Stanley have both posted fourth-quarter earnings results that beat analysts' expectations.
At Davos, Ukraine's Volodymyr Zelenskyy Lashes Out at Russia's Vladimir Putin, Urges Allies to Step up Its Support for Kyiv
For the first time since the start of Russia's invasion, Ukraine's President Volodymyr Zelenskyy has attended the annual World Economic Forum in Davos, Switzerland, in person.
JetBlue Airways' $3.8 Billion Acquisition of Spirit Airlines Blocked by Judge
A federal judge on Tuesday blocked JetBlue Airways' planned $3.8 billion acquisition of Spirit Airlines.