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...It is down nearly 17 per cent since January 1 as top holding Tesla has fallen about 37 per cent this year....
...Prices rebounded in the capital in the first three months of 2024, rising at an annual rate of 1.6 per cent, up from a contraction of 2.3 per cent in the final quarter of 2023....
...While still making the top 10, prices in Borovets rose 8.2 per cent to £554, while another Bulgarian resort, Bansko, saw prices rise by 18.1 per cent to £642, having been rated best value in 2018....
...This was down 13 per cent from $44,642 last year, which itself was down 11 per cent from $50,037 the previous year....
...Shop price annual inflation eased to 1.3 per cent in March, down from 2.5 per cent in February, according to data published on Tuesday by the British Retail Consortium....
...Tiffany & Co gold small Elsa Peretti Bone cuff (on right wrist), £17,700, and silver medium Elsa Peretti Bone cuff (on left wrist),£1,825....
...The bank’s operating income increased 17 per cent to $5.2bn over the quarter compared with a year earlier and its net interest income rose 3 per cent to $2.4bn....
...BP’s upstream production rose by 2.1 per cent from a year earlier to 2.4mn barrels of oil equivalent per day....
...Larger endowments did worse last year — those with more than $5bn of assets returned 2.8 per cent in 2023 — but have put up average annual returns of 9.1 per cent over the past decade....
...Sichuan Baicha Baidao Industrial, also known as Chabaidao, raised HK$2.5bn ($330mn) in its initial public offering, which priced the company’s shares at HK$17.50....
...That was more than the 0.1 per cent gain expected by economists and more than January’s increase of 0.2 per cent. Still, high borrowing costs have put pressure on homebuyers....
...The yen weakened 0.1 per cent against the dollar to ¥149.17....
...Consultancy Bain expects the market for personal luxury goods to grow by 1 to 4 per cent in 2024, down from an estimated 8 to 10 per cent in 2023....
...Prices declined in 17 of the 20 cities covered by the index....
...Target’s earnings of $2.10 a share came in well ahead of Wall Street estimates of $1.48 and the company continued to make progress lowering inventory levels....
...Organic net sales declined 1 per cent, with a 2 per cent decline in volumes partially offset by higher prices....
...The South Korean won hit a 17-month low on Tuesday, breaching a major psychological threshold of 1,400 per dollar....
...Data also published on Tuesday showed that eurozone headline inflation remained steady at 2.4 per cent for April, after a 17-month period in which it had fallen almost continuously....
...Fide’s minimum total budget for bidders is $8.5mn, including a $2.5mn prize fund and a $1.1mn fee to Fide....
...Barclays said in light of the FCA decision, Staley would have to forfeit as much as £17.8mn in deferred bonuses that it had frozen....
...Hong Kong’s Hang Seng, South Korea’s Kospi and Japan’s Topix all dropped more than 2 per cent, while China’s CSI 300 fell 1.1 per cent....
...Statistically Hong Kong’s economy has been much more correlated with the US than with China, as its growth trajectory almost hugs that of the US, up 2.3 times in 30 years versus America’s 2.1 times....
...Still, 17 out of 20 major metro markets reported month-over-month price decreases in December, S&P said....
...Indonesia’s hybrid car market is also expanding, with sales volume increasing 5.2 times to approximately 54,000 units in 2023....
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