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...Single family housing starts fell 12.4 per cent and in the volatile multifamily housing sector, starts fell 20.8 per cent....
...Nevertheless, the figure remains well below a peak of 3.64 per cent in the first quarter of 2009, during the global financial crisis....
...The company reported revenue increased 7.6 per cent to $43bn in the first quarter, beating analyst expectations for $42bn. Adjusted operating earnings rose 2 per cent to $3.9bn....
...Contracts tracking Wall Street’s benchmark S&P 500 and the tech-heavy Nasdaq Composite were up 0.3 per cent and 0.7 per cent, respectively, ahead of the New York trading session....
...Year on year, the average asking price rose 1.7 per cent across all property types, the highest annual rate in 12 months, according to the portal....
...The bank reported a return on tangible equity — a key measure of bank profitability — of 12.3 per cent, down from 15 per cent last year but ahead of its target of more than 10 per cent for 2024....
...On Wednesday, Heineken said sales volumes of its premium beers, which include brands such as Birra Moretti and Kingfisher Ultra, grew at 7.3 per cent in the first quarter, outperforming its total beer portfolio...
...Japan’s exports in March rose 7.3 per cent year-on-year, driven by increased demand from China and the US, official data released on Wednesday showed....
...Gukesh’s career has been marked by consistent rapid advance since 2019, when he became a grandmaster at 12 years 7 months, the second youngest in history after Abhimanyu Mishra of the US....
...Rate-setters will have drawn comfort from the ECB’s quarterly survey of consumers, which found their median inflation expectations for the next 12 months had fallen from 3.3 per cent to 3.1 per cent — the...
...Nevertheless, the share of mortgages in arrears remains well below a peak of 3.64 per cent in the first quarter of 2009 during the global financial crisis....
...However, the CBO said earlier this year that it projected government debt to hit a high of 116 per cent over the next 12 years....
...Seat capacity for this summer is set to increase by a further 12.3 per cent, and in its most recent trading update it said forward bookings for package holiday customers are up 13 per cent....
...Still, inflation expectations for the next 12 months barely changed in March, ticking up 0.1 percentage point to 5.3 per cent, while the perceived likelihood of a recession over the next year declined....
...Clarida added a rate rise was not his base case, but was a possibility if core inflation climbs back above 3 per cent....
...Core CPI inflation, which excludes energy, food, and alcohol, rose by 5.1 per cent in the 12 months to November, down from 5.7 per cent in October....
...In the full fiscal year to the end of March, borrowing was £120.7bn, £7.6bn less than in the same 12 months a year ago, but £6.6bn more than the £114.1bn forecast by the Office for Budget Responsibility,...
...Nasdaq’s shares slipped 3 per cent in after-hours trading on the share sale news....
...Chief financial officers predicted wages would rise by 4.7 per cent in the next 12 months, according to a survey conducted by the central bank in March and published on Thursday....
...Waitrose’s sales rose 5 per cent to £7.7bn, driven by an average 6.6 per cent increase in prices. Sales at John Lewis were down 4 per cent to £4.8bn....
...EVs made up 7.6 per cent of the domestic car market, up from 5.9 per cent in 2022....
...The grocer’s preliminary results follow recent industry data showing food inflation fell to 3.7 per cent in March, the lowest level since April 2022, as price pressures continued to ease....
...Flores is 10 miles long, seven across at its widest point, and has a population of fewer than 3,500....
...Other prices are far below Eldagsen’s print (up to €7,000)....
...After removing the effect of inflation, total goods imports fell by £37.8bn, or 7.4 per cent, compared with 2022 — and a decrease of 3.8 per cent when compared with 2018, data published by the Office for...
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