Author: Press Room

Dino Polska (OTCPK:DNOPY) is a supermarket chain operating in Poland. The company has an outstanding track record of expanding nationally and still has much potential. The price has recently dropped, and it is an excellent opportunity to become a shareholder of this wonderful business. An attractive business model Dino Polska owns all the premises and land on which they operate, unlike most competitors who rent the premises. They operate exclusively in towns or rural populations, with at most 5,000 inhabitants representing 80% of the country’s population. The business has steadily grown its store count to become one of the biggest…

China is refusing to let US secretary of state Antony Blinken visit Beijing over concerns that the FBI will release the results of an investigation into the downed suspected Chinese spy balloon.Four people familiar with the negotiations said China had told the US it was not prepared to reschedule a trip that Blinken cancelled in February while it remains unclear what the administration of President Joe Biden will do with the report.The FBI has been analysing debris salvaged from the balloon since it was shot down in February. The US says the craft was spying on sensitive military sites, but…

A Connecticut man who assaulted a Washington, DC, police officer during the January 6, 2021, attack on the US Capitol was sentenced on Friday to seven and a half years in prison. Patrick McCaughey III, 25, was found guilty on nine charges during a bench trial in September 2022, including seven felony charges. One of the felony charges was for assaulting Metropolitan Police Officer Daniel Hodges with a dangerous weapon. “Your actions on January 6 were some of the most egregious crimes that were committed that day,” District Judge Trevor McFadden said during sentencing. According to court documents, McCaughey was…

The stock market might feel like it is range bound, but it has risen recently. Even a small gain can raise the chances of squeezes that can punish short sellers. Betting on stock declines by borrowing shares and selling them, hoping to buy them back at a lower price, can yield big gains. But it carries some unique risks, including the danger that prices can rise unexpectedly—and substantially—as short sellers buy to close their bets. Such gains can force other short sellers to do the same, sending prices spiraling higher, as losses become too painful to bear. S3 Partners, which…

Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch. Late Wednesday, Ethereum completed its long-anticipated Shanghai, or Shapella upgrade, which allows holders to withdraw the ether that they locked up for months, if not years, for rewards.It is the biggest transition for Ethereum since its “Merge” upgrade in September, when the blockchain overhauled the way it operated.  Ethereum once relied on the so-called “miners,” who use computers to solve complicated mathematical puzzles to secure the blockchain. After the “Merge”, the network counts on validators, or ether holders who stake, or lock up, their coins to verify…

There are many strategies for investment income, but during this time of uncertainty with seesawing market, high inflation and the possibility of more interest-rate increases, some investors want safety more than anything else. If you want to protect your money and take best advantage of current interest rates while lowering your risk of having to make subsequent investments at lower rates, laddering a portfolio of bonds and bank certificates of deposits may work out well. Ken Roberts, an investment adviser with Four Star Wealth Management in Reno, Nev., suggested doing this through U.S. Treasury securities and certificates of deposits at…

The numbers: Sales at retailers dropped 1% in March and declined for the fourth time in the past five months, reflecting a slowdown in the U.S. economy and a shift in consumer-spending habits. Retail sales are a big part of consumer spending and offer clues about the strength of the economy. Sales had been forecast to drop 0.4%, based on a Wall Street Journal poll of economists. Receipts shrank a smaller 0.3% if auto dealers and gas stations are excluded. Car and gasoline purchases exaggerate overall retail spending. Key details: Sales in March posted the biggest decline in four months,…

© Reuters. FILE PHOTO: Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 31, 2023. REUTERS/Andrew Kelly By Stephen Culp NEW YORK (Reuters) – Wall Street ended lower on Friday as a barrage of mixed economic data appeared to affirm another Federal Reserve interest rate hike, dampening investor enthusiasm after a series of big U.S. bank earnings launched first-quarter reporting season. All three major U.S. stock indexes ended in the red, but well off session lows. On the heels of Thursday’s robust rally, all three major U.S. stock indexes notched…

By Pavel Polityuk KYIV (Reuters) – Protests by European farmers are political and shipments of Ukrainian grain are not reducing the profitability of their business, Ukrainian food producers’ union UAC said on Wednesday. Logistical bottlenecks have kept large quantities of Ukrainian grains, which are cheaper than those produced in the European Union, in Central European states, reducing prices and sales for farmers there who have staged protests. Poland last week said it would temporarily halt Ukrainian grain imports after farmers’ protests led Poland’s agriculture minister to resign, but transit would still be allowed. “The political nature of the European farmers’…

MUMBAI (Reuters) – India’s foreign exchange reserves jumped to $584.76 billion for the week ended April 7, the highest in nine months, the Reserve Bank of India’s (RBI) statistical supplement showed on Friday. That is an increase of $6.3 billion from the previous week. The central bank intervenes in the spot and forwards markets to prevent runaway moves in the rupee. Changes in forex reserves also stem from valuation gains or losses. For the reported week, the rupee ended 0.3% higher against the U.S. dollar. The Indian unit traded in a wide range of 81.8300 to 82.4550 to the dollar.…