Airbnb beats earnings expectations for first quarter but offers
weaker-than-expected guidance
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Russia’s economy expanded by 5.4 percent year-on-year in the first quarter of 2024, the Rosstat state statistics agency said Friday, as military spending on the Ukraine offensive boosts growth. That was an acceleration from a rate of 4.9 percent recorded in the final quarter of 2023.
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Japan’s economy contracts in first quarter
By Reuters Tokyo (Reuters) — Japan’s economy contracted in the first quarter, squeezed by weaker consumption and external demand and throwing a fresh challenge to policymakers as the central bank looks to lift interest rates away from near-zero levels. Preliminary gross domestic product (GDP) data from the Cabinet Office on Thursday showed Japan’s economy shrank 2.0% annualized in the January
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Japan’s economy contracts in first quarter
By Reuters Tokyo (Reuters) — Japan’s economy contracted in the first quarter, squeezed by weaker consumption and external demand and throwing a fresh challenge to policymakers as the central bank looks to lift interest rates away from near-zero levels. Preliminary gross domestic product (GDP) data from the Cabinet Office on Thursday showed Japan’s economy shrank 2.0% annualized in the January