Bloomberg Emmanuel Macron won another crack at convincing the French public that his pro-business, pro-European vision can work for them, after beating nationalist rival Marine Le Pen in the election. While voters rallied around to give the 44-year-old centrist a second term, many backed him to keep Le Pen out rather than because of their enthusiasm for his project. His ...

  Bloomberg Massive outflows from US equity funds are just getting started as the Federal Reserve ramps up its hawkish rhetoric, according to Bank of America Corp (BofA) strategists. In the week through April 20, investors pulled $19.6 billion from US large caps, the largest exit since February 2018, the strategists wrote in a note, citing EPFR Global data. The ...

  Bloomberg Zimbabwe’s central bank said it has “no reason or appetite to raid” foreign-exchange accounts and denied allegations from the country’s largest industry lobby group of US dollars being raided and a bank run. The Confederation of Zimbabwe Industries in a position paper had asked the central bank to dump its weekly foreign currency auction and also highlighted the ...