In Syria, the central bank has received a shipment of banknotes from Russia to address a severe cash shortage, impacting businesses and individuals. The new government’s reliance on Russia for currency is due to sanctions limiting access to banknotes from the west. The ongoing cash shortage, exacerbated by lack of transparency and economic challenges, is hindering businesses and citizens, with no immediate resolution in sight.
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Adient (ADNT) Q3 Revenue Up 0.7%
Adient (NYSE:ADNT), a global leader in automotive seating systems, reported fiscal Q3 2025 earnings on August 6, revealing revenue of $3.74 billion, exceeding expectations but with adjusted EPS of $0.45 falling short of the $0.47 estimate. Despite improved profitability and effective tariff management, a $333 million goodwill impairment in the EMEA region highlighted ongoing challenges in Europe. Want More Context? 🔎
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