Life Time Group Holdings is focusing on driving sales of its branded apparel and nutritional products to enhance revenue in 2024. CEO Bahram Akradi stated that the fitness-center operator aims for double-digit revenue growth and intends to optimize its digital channels for a seamless purchasing experience. While Life Time already possesses digital messaging capabilities, a … [Read more...] about Life Time Group Aims for Revenue Growth in 2024
Forex News
US Dollar Hits One-Year High Against Japanese Yen
The U.S. dollar has reached its highest level against the Japanese yen in a year, fueled by rising Treasury yields that have bolstered the greenback's position against most major currencies. Dollar Strengthens as Yields Rise On Monday, the dollar reached a peak of 150.32 yen, according to Tullett Prebon data. This represents the highest intraday level for the currency pair … [Read more...] about US Dollar Hits One-Year High Against Japanese Yen
Contango Receives Offer for Asset Sale
Contango, the natural-resources company, saw a surge in its share prices following the announcement that it has received an offer for its assets. The potential sale is at the subsidiary level, and the company is also engaged in advanced talks for additional offtake agreements. Promising Growth At 0702 GMT, Contango shares were trading at 5.10 pence, indicating a significant … [Read more...] about Contango Receives Offer for Asset Sale
Sweden’s Central Government Budget Balance Remains Strong, Surplus This Year
In a recent borrowing review, Sweden's National Debt Office (NDO) stated that the central government budget balance has continued to develop more strongly than previously expected. Although there will be a surplus this year, the NDO predicts two years of deficits to follow. According to the NDO, central government finances have consistently outperformed expectations, and 2023 … [Read more...] about Sweden’s Central Government Budget Balance Remains Strong, Surplus This Year
United Parcel Service Inc. Shares Drop Amid Revenue Miss
Shares of United Parcel Service Inc. (UPS) dropped 5% toward a three-year low in premarket trading Thursday. This follows the package delivery giant's report of third-quarter profit expectations that were higher than anticipated. However, the company missed on revenue and subsequently cut its full-year outlook. These disappointing results are attributed to a slowing economy and … [Read more...] about United Parcel Service Inc. Shares Drop Amid Revenue Miss
