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Hotel group Accor beats first quarter revenue expectations
By Mateusz Rabiega and Dimitri Rhodes April 24 (Reuters) - Accor ACCP.PA, Europe’s biggest hotel group by portfolio, reported a larger-than-expected rise in first-quarter revenue on Thursday, citing sustained global demand in the hospitality sector supported by its geographical diversification. ...Reuters
Thu, Apr 24
Trump agenda drives record outflows from global sustainable funds, Morningstar says
By Ross Kerber April 24 (Reuters) - Investors withdrew a record $8.6 billion from global sustainable funds in the first quarter, researcher Morningstar MORN.O said on Thursday, attributing the outflows largely to the shift against climate and social initiatives by U.S. President Donald Trump.The ...Reuters
Thu, Apr 24
IMF focused on stability but will support countries on climate risks, Georgieva says
IMF to discuss US policy prescriptions with members, Georgieva says US Treasury chief Bessent says IMF has strayed from core missionCountries facing climate risks need IMF support, Georgieva saysBy David Lawder and Andrea Shalal WASHINGTON, April 24 (Reuters) - The International Monetary Fund wil...Reuters
Thu, Apr 24
Fed hawks and doves: what US central bankers are saying
April 24 (Reuters) - U.S. central bankers are expected to leave short-term borrowing costs unchanged at their May 6-7 meeting as they wait for more clarity on President Donald Trump 's trade policy and gauge whether it pushes inflation and unemployment higher as they expect, and if so...Reuters
Thu, Apr 24
WRAPUP 2-US labor market holds steady for now; tariffs keep businesses on edge
Weekly jobless claims increase 6,000 to 222,000Continuing claims decline 37,000 to 1.841 millionDurable goods orders soar 9.2% in March on aircraft demandBusiness still cautious on equipment spending amid tariffsBy Lucia Mutikani WASHINGTON, April 24 (Reuters) - The number of Americans filing new...Reuters
Thu, Apr 24
China has scope to ramp up stimulus, fix property woes, IMF says
Steps taken on property woes in right direction but insufficientIMF urges more action on property sector, social safety netsStimulus must be offset by medium-term consolidationBy Leika KiharaWASHINGTON, April 24 (Reuters) - China needs to do more to address its property-sector problems and has scope...Reuters
Thu, Apr 24
Ukraine's central bank governor says defense is government's top priority
By Karin Strohecker and Andrea ShalalWASHINGTON, April 24 (Reuters) - Missile and drone attacks on Kyiv overnight made clear that Ukraine's top priority needs to be defense, central bank governor Andriy Pyshnyi said on Thursday, underscoring his government's demand that some $300 billion in ...Reuters
Thu, Apr 24
WRAPUP 1-Fed officials argue for patience while gauging tariff impact
Fed officials still argue for policy patience amid uncertaintyFed's Waller still expect tariffs to have one-time inflation impactFed's Hammack doesn't take June Fed move off the table if data support itBy Michael S. DerbyNEW YORK, April 24 (Reuters) - Federal Reserve officials speaking i...Reuters
Thu, Apr 24
Putin says Russia should use trade war opportunities to strengthen economy
By Gleb Bryanski MOSCOW, April 24 (Reuters) - Russian President Vladimir Putin urged his economic officials on Thursday to take advantage of opportunities arising in the global economy from market turbulence and intensifying trade wars.Russia, whose trade with the United States and European Union...Reuters
Thu, Apr 24
Euro zone yields fall as global mood turns more fragile
Investors wary of Trump's softer stance on tariffsBunds underperform US Treasuries after strong outperformanceGerman business morale unexpectedly improves in April - IfoBy Stefano Rebaudo and Yadarisa Shabong April 24 (Reuters) - Euro zone government bond yields dipped on Thursday after a ris...Reuters
Thu, Apr 24
Emerging economies face longer period of tighter financing, South African central banker says
By Karin Strohecker and David LawderWASHINGTON, April 24 (Reuters) - Emerging economies will have to grapple with tighter global financing conditions for longer while the future of risk-free assets is very much in focus, the head of South Africa's central bank told Reuters.Speaking on the sideli...Reuters
Thu, Apr 24
WRAPUP 3-Trump trade war spreads more gloom across businesses
Trump tariffs reshaping business strategies, roiling marketsPepsi, P&G, American Airlines and Thermo Fisher latest to cut full-year guidance Chipotle, tissue maker Essity say Americans are eating out lessNestle, Unilever warn of softer US consumer confidenceHyundai has moved some production to U...Reuters
Thu, Apr 24
ECB’s Holzmann: Rate cuts must wait for more tariff certainty
CNBC reported that European Central Bank (ECB) policymaker Robert Holzmann said that Eurozone interest rates should be held until more clarity emerges on the path of United States (US) tariffs and European Union (EU) countermeasures.Fxstreet
Thu, Apr 24
