Hindenburg Research, a notable short seller who has waged war on Jack Dorsey's Block, Carl Icahn, and Nikola, an electric car company, is now taking on a $4.6 billion online brokerage, Freedom Holding Corp.

Hindenburg's latest target: Kazakh brokerage firm Freedom Holding Corp

Fitch Ratings, a notable credit ratings agency, has cautioned that it could potentially downgrade several significant banks, including JP Morgan Chase, according to a CNBC report cited by Reuters.

Fitch considering potential downgrade of multiple banks, including JPMorgan: CNBC

A growing consensus among economists, including the Federal Reserve's own analysts, suggests that the United States is poised to avoid a recession. However, certainty regarding this outcome is not expected until well into the year 2024.

US economy will dodge inflation, but uncertainty to persist until 2024, say analysts

The Consumer Price Index (CPI) indicates that retail inflation in India is set to fluctuate between 5.6 and 6.6 percent for July, primarily due to the surge in expenses within the food sector.

India's retail inflation projected to fall between 5.5% and 6.6%

The ruble on Monday dropped to 100 per US dollar on Monday. Russia's official currency was trading at 100.4975 rubles per US dollar, its lowest value in the last 17 months.

Russian ruble drops to 100 against dollar for first time since March 2022

Egypt's economy is currently facing a significant challenge as inflation reaches its highest level in history. Data from the state-run Central Agency for Public Mobilization and Statistics (CAPMAS) reveals that inflation soared to an annual rate of 36.

Egypt hits highest inflation level amid currency crisis

Russian tech giant Yandex may have missed a government takeover, thanks to Kremlin's fear of a massive brain drain, a Reuters report said quoting sources. Yandex, popular known as the Russian equivalent of Google, has been facing a major 'brain drain', with talented employees looking for greener pastures abroad.

Yandex, Russia's tech giant, faces a 'brain drain'. Here's why

With an aim to help the ruble, which has fallen to its lowest value in 16 months, the Bank of Russia has decided to stop buying foreign currency in the domestic market for the rest of 2023.

Bank of Russia pauses foreign currency purchases as ruble nears 100 per US dollar

The Walt Disney Company is set to raise the price of its Disney+ streaming service, following its third-quarter results highlighting revenue issues in various sectors, excluding overseas parks.

Disney hikes streaming prices, shifts focus to cost management

WeWork, a startup that was once valued at $47 billion, has issued a warning about the possibility of going bankrupt. On Wednesday, the company's stock plummeted by 38.

WeWork, once valued at $47 billion, issues bankruptcy warning

Credit rating agency S&P Global will no longer publish ESG scores along with its credit ratings as the company adjusts its approach in response to investor feedback.

S&P Global abandons alphanumeric ESG scores after investor feedback

The Indian government on Tuesday announced the approval for banks from 22 partner nations, including Russia and the United Kingdom, to establish "vostro" accounts within India.

India's rupee trade gets a 'Vostro' boost

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Zee News Rajasthan

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