Markets Outlook
MADRID – Analysts are cautious about when the Federal Reserve's final rate cut will come, given the difficulty of controlling inflation without hampering growth, and they expect a tougher speech at this week's central bank meeting.
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Bridge Tour
MADRID – The May Day holiday in Spain doesn't mean a “significant boost in sales” for travel companies across the country, which falls on Wednesday, although it does for those in Madrid, thanks to Thursday. Even the holidays.
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First May
MADRID – The growing digitization of the economy driven by the pandemic has created new work realities in recent years – teleworking, digital nomads – still a minority in a country like Spain, heavily weighted in trade and hospitality.
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First May (Interview)
BRUSSELS – Esther Lynch, general secretary of the European Trade Union Confederation (ETUC), is warning of the advance of the far right and human backlash ahead of International Workers' Day – and ahead of the next European elections in June. Rights, he feels, are “at risk”. By Paula Garcia-Ajofrin.
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World Economic Forum
RIYADH – Saudi Arabia is opening the first day of a special meeting of the World Economic Forum (WEF), attended by senior political officials from around the world, who will focus on the deteriorating humanitarian situation in the Gaza Strip. Middle East.
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Energy results
MADRID – Presentations by Iberotra and Repsol, their results for the year to March that began the first rendering of the major energy companies' accounts for the 2024 financial year, have so far beaten expectations with market approval.
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Tourist hotels
MADRID — Roommate is in talks with two European hotel chains, with no presence in Spain, to acquire 32 companies, adding 22 operating companies, a goal its CEO and founder, Gig Sarasola, hopes to achieve. We can reach 100 hotels in two or three years.
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Cocoa conference
BRUSSELS – Latin America, one of the main cocoa-producing regions, shared its experience of replacing cacao crops at a world conference in Brussels this week, with the need to ensure fair wages for small producers a central theme.
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Information agenda
RIYADH.- World Economic Forum.- Riyadh, the capital of Saudi Arabia, is hosting the first special meeting organized by the World Economic Forum outside of Davos.
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