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Travel companies, such as Airbnb and Marriott International, are bracing for a slowdown in leisure travel as U.S. consumers hesitate to book vacations amidst uncertain economic conditions. Despite strong demand in recent years that boosted the industry’s profitability, companies are now warning investors of stagnant U.S. bookings in the third quarter. Hilton Worldwide CEO Christopher
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On Thursday, the Reserve Bank of India (RBI) decided to keep its key interest rate unchanged at 6.50%. This decision was widely expected and reflects the central bank’s focus on reducing inflation, despite the current global market volatility. The Monetary Policy Committee (MPC), which is comprised of three RBI members and three external members, voted
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