US inflation rises to 2.5%, according to Fed’s target index:
ft.com/content/fc6d2c0d-23ff-47ab-bd80-f3336143f1ad
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| Last Updated | Mar 29 |
| Total Articles | 3 |
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Travel costs up sharply in latest consumer figures: Consumers paid 3.9 per cent more overall for goods last October than they did one year previously — with food ...
royalgazette.com/general/news/article/20240329/travel-costs-up-sharply-in-latest-consumer-figures/
French inflation falls faster than forecast: Prices in eurozone’s second-largest economy rose 2.3% in March, the lowest level since July 2021
ft.com/content/6a296a30-e5bc-47a6-be40-4b048ead5bda
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Travel costs up sharply in latest consumer figures: Consumers paid 3.9 per cent more overall for goods last October than they did one year previously — with food ...
royalgazette.com/general/news/article/20240329/travel-costs-up-sharply-in-latest-consumer-figures/
French inflation falls faster than forecast: Prices in eurozone’s second-largest economy rose 2.3% in March, the lowest level since July 2021
ft.com/content/6a296a30-e5bc-47a6-be40-4b048ead5bda
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ECB should not only target inflation - France's Macron: The European Central Bank should no longer focus solely on keeping inflation under control ...
euractiv.com/section/economy-jobs/news/ecb-should-not-only-target-inflation-frances-macron/
Europe faces ‘mortal’ threat, says Emmanuel Macron: French president calls for huge investment push and EU reforms in Sorbonne speech
ft.com/content/01a0657c-ed25-4d7b-add6-568dcc6907f9
Quick Glance: Macron Calls for Stronger European Defense
- Macron urged Europe to adopt a credible defense strategy less dependent on the US.
- He warned that Europe was not adequately prepared to face global threats like Russia's war in Ukraine.
- Emphasizing European sovereignty, Macron called for autonomy in defense and the economy.
- He advocated for a revision of EU trade policy, prioritizing European suppliers for military equipment.
About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds
pbs.org/newshour/economy/about-1-in-4-us-adults-over-50-say-they-expect-to-never-retire-an-aarp-study-finds
Speech at the Sorbonne in Paris: Emmanuel Macron calls for a strong Europe: Europe must regain more respect - that was Emmanuel Macron's demand in his new speech ...
de.euronews.com/my-europe/2024/04/25/macron-rede-sorbonne-europa
Blades of Paris landmark Moulin Rouge windmill collapse: The blades of the Moulin Rouge windmill, one of the most famous landmarks in Paris ...
rfi.fr/en/france/20240425-blades-of-paris-landmark-moulin-rouge-windmill-collapse
Quick Glance: Unexpected Collapse of Moulin Rouge Windmill Blades in Paris
- The red windmill blades of the famous Moulin Rouge cabaret collapsed unexpectedly onto the street.
- The cabaret's technicians conduct routine checks on the windmill mechanism, so far without any issues.
- The fire department verified that the collapse resulted in no injuries.
- The Moulin Rouge cabaret in Paris is renowned for its iconic red windmill blades and is a popular landmark.
US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts
ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb
Paid articlePaidQuick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Les Flammes 2024: Aya Nakamura wins three prizes: Aya Nakamura has cemented her status as French hip-hop queen with Les Flammes.
de.euronews.com/kultur/2024/04/27/les-flammes-2024-aya-nakamura-gewinnt-gleich-drei-preise
Kalay Hollis achieves coaching milestone at Kappa Classic: This year’s Kappa Classic turned out to be a proud and memorable experience for Kalay Hollis ...
royalgazette.com/soccer/sport/article/20240426/kalay-hollis-achieves-coaching-milestone-at-kappa-classic/
German, France sign deal in Paris on developing future weapons system: The French and German defence ministers signed an agreement in Paris on Friday for a joint ...
nordot.app/1156530387399459386
Daniel Augustus clinches first alternate spot for final US Open qualifier: Daniel Augustus is eagerly awaiting a telephone call to determine whether or not he ...
royalgazette.com/golf/sport/article/20240425/daniel-augustus-clinches-first-alternate-spot-for-final-us-open-qualifier/
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
Parisians warm up for Olympics with workouts in Louvre museum: Parisians warmed up for the coming Olympics with a series of workouts inside the renowned Louvre ...
reuters.com/sports/parisians-warm-up-olympics-with-workouts-louvre-museum-2024-04-24/
Maximilian Maeder claims victory at French Olympic Week: At the Port of Hyeres in France, the Singapore teen needed just one attempt to win the first-to-three ...
straitstimes.com/sport/maximilian-maeder-claims-victory-at-french-olympic-week
Airport operator ADP Q1 revenue boosted by post-pandemic travel boom: French airport group ADP reported on Friday a better-than-expected rise in first-quarter ...
reuters.com/business/airport-operator-adp-q1-revenue-beats-expectations-traffic-growth-2024-04-26/
French music awards Les Flammes shines light on criticized 'urban music' label: The Les Flammes ceremony, to be held on Thursday evening, aims to highlight the ...
lemonde.fr/en/culture/article/2024/04/25/french-music-awards-les-flammes-shines-light-on-criticized-urban-music-label_6669522_30.html
French air traffic controllers call off strike, too late for mass cancelations: Unions had called for a major strike on Thursday after a breakdown of ...
lemonde.fr/en/france/article/2024/04/24/french-air-traffic-controllers-cancel-strike_6669378_7.html
US economic growth slows but inflation grows: The world's largest economy grew less than expected but rising inflation may delay a rate cut.
bbc.com/news/business-68898432
TotalEnergies beats expectations despite lower gas prices: French energy giant TotalEnergies posted a 22% decline in first-quarter earnings ...
reuters.com/business/energy/totalenergies-q1-net-income-falls-22-lower-gas-prices-2024-04-26/
France, Germany agree deal to develop Europe's next generation of tanks: French and German defence ministers will sign a landmark deal in Paris on Friday that ...
rfi.fr/en/france/20240425-france-germany-sign-historic-deal-to-develop-europe-s-next-generation-of-tanks
French anti-terrorism authorities arrested a 16-year-old youth after he said on social media that he wanted to die a martyr at the Olympic Games in Paris this ...
reut.rs/3xTXuVJ
RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
Olive oil is getting harder to find and costing as much as 70 per cent more. Here’s why
smh.com.au/business/companies/olive-oil-is-getting-harder-to-find-and-costing-as-much-as-70-per-cent-more-here-s-why-20240419-p5fl8g.html
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Thousands of flights canceled in France as air traffic controllers strike over pay
english.alarabiya.net/News/world/2024/04/25/thousands-of-flights-canceled-in-france-as-air-traffic-controllers-strike-over-pay
France's air traffic control strikes ground flights across Europe: Delays and flight cancellations were set to impact swathes of Europe on Thursday ...
reut.rs/3UwTjI7
French far-right candidate kicks off campaign but dodges questions: Just hours after Macron's Europe speech, the head of the French far-right party Jordan ...
euronews.com/2024/04/26/eu-elections-french-far-right-candidate-launches-his-campaign-but-avoids-confrontation
Sanofi profit slips on generic competition and currency effects: Sanofi's first-quarter operating income fell 14.7% as currency effects and cheap competition to ...
reuters.com/business/healthcare-pharmaceuticals/sanofi-q1-profit-slips-generic-competition-forex-effects-2024-04-25/
Quick Glance: Sanofi Struggles with Profit Decline due to Competition and Currency Effects
- In the first quarter, Sanofi's operating income decreased by 14.7%, primarily due to currency effects and competitive pressures on their multiple sclerosis drug Aubagio, despite the increase in sales of the anti-inflammatory drug Dupixent.
- The company emphasized the forecast that adjusted earnings per share (EPS) for 2024 are expected to decrease by a low single-digit percentage, excluding currency fluctuations.
- During a media briefing, Finance chief Francois-Xavier Roger highlighted the impact of the decline in the Argentine Peso on first-quarter international sales.
- Since unexpectedly abandoning the 2025 margin targets last October under a plan to boost spending on drug development, CEO Paul Hudson has been working to restore investor confidence in the company's drug pipeline.
Time for Kering’s king to consider a step back: Kering Chairman and CEO François-Henri Pinault was 42 when his father François, the self-made billionaire who’d ...
reuters.com/breakingviews/time-kerings-king-consider-step-back-2024-04-24/
Quick Glance: Time for Kering’s King to Consider a Step Back
- Francois-Henri Pinault, Chairman and CEO of Kering, should consider bringing in fresh blood and possibly appointing a new CEO.
- In any sector other than luxury, shareholders might have already stepped in to suggest a change at the helm, but at Kering, founding families tightly control the company.
- The board of Kering should apply pressure on the chairman to at least give up the CEO role.
- Pinault should step back into the chairman's job and leave a new Kering chief the independence they will need.
Luxembourg’s free public transport to be extended across French border with new commuter scheme
euronews.com/travel/2024/04/23/luxembourgs-free-public-transport-to-be-extended-across-french-border-with-new-commuter-sc
Kering shares slump after luxury company warns of H1 operating profit drop: Kering's shares slumped on Wednesday, after the French luxury goods company warned it ...
reuters.com/business/retail-consumer/kering-shares-slump-after-luxury-company-warns-h1-operating-profit-drop-2024-04-24/
Spins, shimmies and shines: Tempo takes over City Hall: If you like Latin music and dance, City Hall is where you need to be tomorrow night ...
royalgazette.com/arts-entertainment/lifestyle/article/20240426/spins-shimmies-and-shines-tempo-takes-over-city-hall/
Golf’s new teenage prodigy to play in Butterfield Bermuda Championship: Bermuda teenager Oliver Betschart may have some competition for the title of most ...
royalgazette.com/golf/sport/article/20240424/golfs-new-teenage-prodigy-to-play-in-butterfield-bermuda-championship/
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.: The tire maker vowed to ensure that none of its workers would struggle to make ends meet.
nytimes.com/2024/04/26/business/france-michelin-wages.html
La Belle Vie: French gestures and growing old in France: From uncovering the very French origins of the English language to common sounds and gestures French ...
thelocal.fr/20240426/la-belle-vie-french-gestures-and-growing-old-in-france
Large supermarket chain wants to cut thousands of jobs: French supermarket chain Casino plans to cut up to 3,200 jobs following its recent takeover by Czech ...
de.euronews.com/business/2024/04/26/grosse-supermarktkette-will-tausende-stellen-streichen
France's DGAC warns of flight disruptions at French airports due to April 25 strike
reuters.com/world/europe/frances-dgac-warns-cancelled-flights-french-airports-due-strike-2024-04-24/
Paris expo recounts global struggles throughout Olympics history: French culture chiefs on Friday unveiled their latest blockbuster exhibition aimed at adding a ...
rfi.my/AYDt.f
Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
Atos says it will need more cash than expected: Struggling French IT consulting firm Atos on Thursday said a review of its 2024-2027 business plan would lead to ...
reuters.com/technology/atos-says-group-will-need-more-cash-than-expected-2024-04-25/
Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
Going green for Harbour Nights 2024: A herald of summer nears with Harbour Nights launching next month — and the Bermuda Chamber of Commerce is partnering with ...
royalgazette.com/environment/news/article/20240426/going-green-for-harbour-nights-2024/
Nestlé subsidary Perrier destroys two million bottles of water after 'fecal' bacteria discovery
euronews.com/my-europe/2024/04/24/nestle-subsidary-destroys-two-million-bottles-of-water-after-fecal-bacteria-discovery
Amwins to double Bermuda staff: After being acquired by one of the largest wholesale brokers in the world three years ago, Amwins Bermuda is now in a ...
royalgazette.com/reinsurance/business/article/20240425/amwins-to-double-bermuda-staff/
SailGP education programme targets Bermuda’s youth: Next week, hundreds of Bermudian schoolchildren will benefit from a hands-on education and outreach ...
royalgazette.com/education/news/article/20240426/sailgp-education-programme-targets-bermudas-youth/
Butterfield Bank donates AC equipment to college: Butterfield Bank has donated nearly 200 controllers and thermostats used in air conditioning units to the ...
royalgazette.com/general/news/article/20240426/butterfield-bank-donates-ac-equipment-to-college/
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Blue and gold compete at Victor Scott day of youth sport: The field at Victor Scott Primary School came alive with cheering spectators yesterday [THURS] for the ...
royalgazette.com/education/news/article/20240426/blue-and-gold-compete-at-victor-scott-day-of-youth-sport/
Warwick Academy celebrates international day: Students and at Warwick Academy celebrated global cultures with food, festivities and fashion yesterday [Thursday] ...
royalgazette.com/education/news/article/20240426/warwick-academy-celebrates-international-day/
What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
Healthy Jah-Nhai Perinchief ready to leap in front of home crowd : Home favourite Jah-Nhai Perinchief cannot wait for the USATF Bermuda Grand Prix at the Flora ...
royalgazette.com/track-field/sport/article/20240426/healthy-jah-nhai-perinchief-ready-to-leap-in-front-of-home-crowd/
Proud day as first disability register launched: A landmark for a more inclusive Bermuda has been welcomed in a ceremony from the steps of City Hall in Hamilton ...
royalgazette.com/health/news/article/20240425/proud-day-as-first-disability-register-launched/
RSV antibody prevents 5,800 hospitalisations in France: French health authorities released two studies following their rollout of the new preventive antibody ...
euronews.com/health/2024/04/26/study-finds-rsv-treatment-beyfortus-prevents-5800-infant-hospitalisations-in-france
BNP Paribas beat estimates as lower costs offset slump in trading: BNP Paribas beat first-quarter profit forecasts on Thursday as lower expenses and a decent ...
reuters.com/business/finance/bnp-paribas-profit-tops-estimates-lower-costs-global-banking-2024-04-25/
Media: US hopes ATACMS delivery will push Germany to send Ukraine Taurus missiles
kyivindependent.com/us-hopes-atacms-will-push-germany-to-send-ukraine-taurus-missiles/
Leading French left-wing MP Mathilde Panot investigated for pro-Palestine comments
middleeasteye.net/news/france-top-left-wing-mp-mathilde-panot-investigated-pro-palestine-comments
Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
Two-vehicle crash in Warwick: A motorcyclist has been injured after being involved in a collision with a truck in Warwick this morning ...
royalgazette.com/transport/news/article/20240425/two-vehicle-crash-in-warwick/
Nadal says he is not 100% fit ahead of Madrid debut. Spaniard still unsure about playing French Open
arabnews.com/node/2498991/sport
Quick Glance: Encounter between Darwin Blanch and Rafael Nadal in Madrid
- Darwin Blanch will make his debut at the Mutua Madrid Open against Rafael Nadal.
- Blanch has lived in four countries and speaks four languages.
- Under coach Francisco Penalva, he has improved significantly and is part of the ATP's Next Gen Accelerator Programme.
- Alcaraz believes Blanch's match against Nadal will aid his development, encouraging him to enjoy the experience and gain valuable lessons.
Canon Nisbett demonstrated a concern for ‘we’: The Reverend Canon Thomas Nisbett, a carpenter by trade, transcended barriers to become Bermuda’s first Black ...
royalgazette.com/opinion-writer/opinion/article/20240424/canon-nisbett-demonstrated-a-concern-for-we/
‘Take time to listen to us’: The Little River Band sang “ … time for a cool change”. I feel a change coming — do you? We have to admit that all is not well on ...
royalgazette.com/letters-to-the-editor/opinion/article/20240425/take-time-to-listen-to-us/
Colourful singing group from years ago back in Bermuda: Alumni of a groundbreaking a cappella group will reunite in Bermuda for the first time in more than a ...
royalgazette.com/entertainment/news/article/20240425/colourful-singing-group-from-years-ago-back-in-bermuda/
'Strategic failure': France's Raphaël Glucksmann takes aim at Macron's geopolitics
euractiv.com/section/elections/news/strategic-failure-frances-raphael-glucksmann-takes-aim-at-macrons-geopolitics/
How to Season Your Food Like the French: Bill Buford on how living in France changed his perspective on black pepper.
newyorker.com/magazine/secret-ingredients/how-to-season-your-food-like-the-french
Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
French lender BNP Paribas beats profit estimates as expenses decline: French lender BNP Paribas beats profit estimates for the first quarter (Q1) as expenses ...
euronews.com/business/2024/04/25/french-lender-bnp-paribas-beats-profit-estimates-as-expenses-decline
Campbell Patton still in hunt at Olympic sailing qualifier: Campbell Patton capitalised on the windy conditions to remain within striking distance of securing a ...
royalgazette.com/sailing/sport/article/20240424/campbell-patton-still-in-hunt-at-olympic-sailing-qualifier/
French national library quarantines ‘poisonous’ books: The library said handling the books – which were printed in Britain – would probably cause only minor harm ...
straitstimes.com/world/europe/french-national-library-quarantines-poisonous-books
All smiles at East End for school sports: Youngsters at St David’s Primary School hit the field yesterday for fun in the sun during the annual sports day ...
royalgazette.com/education/news/article/20240425/all-smiles-at-east-end-for-school-sports/
Bermuda to feature on Today with Hoda and Jenna : Today hosts Hoda Kotb and Jenna Bush Hager are to broadcast two shows from Bermuda next month ...
royalgazette.com/entertainment/news/article/20240424/bermuda-to-feature-on-today-with-hoda-and-jenna/
Hayward: Affordable housing a priority over tourism beds : The Government is planning a shake-up of tenancy laws to encourage landlords to rent their properties ...
royalgazette.com/politics/news/article/20240424/hayward-affordable-housing-a-priority-over-tourism-beds/
Men’s top seed knocked out of IQUW Bermuda Open: Andres Herrera upset men’s No 1 seed Spencer Lovejoy on the third day of the IQUW Bermuda Open on Thursday ...
royalgazette.com/tennis-squash/sport/article/20240426/mens-top-seed-knocked-out-of-iquw-bermuda-open/
Ignite Bermuda deadline nears: Applications for the Ignite Bermuda Young Adult Entrepreneurial Internship programme will close on Friday at 5pm ...
royalgazette.com/local-business/business/article/20240424/ignite-bermuda-deadline-nears/
French Expression of the Day: Les doigts dans le nez: This French expression has nothing to do with unpleasant personal habits.
thelocal.fr/20240425/french-expression-of-the-day-les-doigts-dans-le-nez
This neighbourhood bistro tucked off an eight-lane road exceeds expectations: Graduating from an espresso bar to a smart French restaurant, 13-year-old Gauge is ...
theage.com.au/goodfood/melbourne-eating-out/this-neighbourhood-bistro-tucked-off-an-eight-lane-road-exceeds-expectations-20240426-p5fmro.html
Positive Image Dental make it into ball hockey final : Positive Image Dental launched a brilliant fightback against Frontier to reach the final of the Bermuda ...
royalgazette.com/hockey/sport/article/20240425/positive-image-dental-make-it-into-ball-hockey-final/
When Aishwarya Rai shut down French journo's questions on nudity: ‘Am I talking to my gynaec?’
hindustantimes.com/entertainment/bollywood/when-aishwarya-rai-shut-down-french-journos-questions-on-nudity-am-i-talking-to-my-gynaec-101714126687847.html
Franco-German armaments project: "The Future of Tanks": In Paris, Boris Pistorius and French Defense Minister Sébastien Lecornu sign a declaration of intent for ...
sueddeutsche.de/politik/verrteidigung-panzer-moderne-frankreich-deutschland-boris-pistorius-sebastien-lecornu-1.6634629
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
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Hellenic Bank acquires CNP Cyprus for €182 mln: CNP Cyprus, the subsidiary of the French insurance giant CNP Assurances, is finally being transferred to Hellenic ...
ekathimerini.com/economy/1237372/hellenic-bank-acquires-cnp-cyprus-for-e182-mln/
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
French police break up pro-Palestinian university protest: French police broke up a pro-Palestinian protest by dozens of university students in Paris ...
thelocal.fr/20240425/french-police-break-up-pro-palestinian-university-protest
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