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The accident is the seventh since 2016 at the French ski resort’s challenging mountaintop ‘Altiport’
...The European Central Bank is still on track to start cutting interest rates “in reasonably short order”, its president Christine Lagarde said, providing there are no major shocks from the Middle East or...
...Bailey stopped short of explicitly guiding explicitly towards a June cut, stating that such a move is ‘neither ruled out nor a fait accompli’....
...Rishi Sunak is falling short of his pledge to cut waiting times for routine hospital care in England, according to official figures that show the NHS is still missing key targets ahead of the election expected...
...The Reserve Bank of Australia has raised its short-term inflation forecast and all but ruled out an interest rate cut this year, joining other central banks in warning that persistent price growth will keep...
...Hedge funds and other leveraged funds upped their net short positions — bets on falling prices — on sterling to almost 29,000 contracts for the week ended Tuesday April 30, the highest level since January...
...The UK’s blue-chip index was up 1.6 per cent at 8021.68 by midday in London — eclipsing its February 2023 closing record of 8014.31 but short of its intraday high of 8047.06....
...He noted that BP’s “controllable” cash costs of about $22.6bn last year had risen 8 per cent compared with 2019, despite a previous round of cuts....
...Compared with EV-making rivals, however, BYD has scope to sacrifice short-term profits to try to win a cut-throat battle for market share....
...However, hedge fund short sellers continue to run sizeable bets against a number of miners....
Plus: a Himalayan trek to mark the centenary of Mallory and Irvine’s Everest expedition
...A further rise in energy prices would weigh on business investment in the short term, offsetting the expected positive impact on private investment of the rate cut....
...Shares in one of Apple’s US-listed suppliers were set for their biggest one-day drop in more than a decade after a slowdown in 5G and renewable energy markets prompted it to cut its annual outlook....
Sandoy’s new tunnel is the longest in the archipelago. Plus: the Pig hotel chain expands in the Cotswolds
...higher taxes that’s possible but there are no short-cuts.”...
...“These cuts are short-termist, short-sighted interventions that will have long-lasting effects and do nothing to tackle the actual structural financial challenges facing the sector,” she added....
...Moreover, even this government bond demand was redolent of a safety-first vibe, with flows to US-listed short-term (up to three years) Treasury ETFs turning positive for the first time since October and...
...Wakeman’s latest take on the shorts suit, which will launch at the end of April, features all the typical formal tailoring elements: the jacket is fully lined, cut with a peak lapel; the shorts have a deep...
...The moves came after Powell said in a pre-recorded interview on Sunday that rate-setters still expect to make three quarter-point cuts in 2024....
...The Conservatives must be a busted flush if they’re scrapping the non-dom regime, simply to fund tax cuts elsewhere (“Modernising the non-dom rules is disruptive but overdue”, Lex, March 6)....
...The investor sought to cut costs, arguing that Norfolk Southern should adopt a simplified approach and reduce the number of its employees and railcars....
...Vanke’s commitment to cut debt by Rmb100bn over the next two years aligns with a long-standing push from Beijing to deleverage the real estate sector....
...UPS announced it would cut 12,000 jobs in an effort to save $1bn just months after agreeing a costly pay deal with its Teamsters union and as weak demand for its delivery services underpinned a soft annual...
...Liz Wright, head of sales for Europe, the Middle East and Africa at Morningstar Indexes, said an ETF that is a “short-term holding [ . . . ] may not necessarily see substantial inflows” if it cuts its fees...
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