• Reuters

    Record $8.8 billion pulled from US sustainable funds in Q1

    European and American investors showed converse interest in sustainable funds during the first quarter, research firm Morningstar said on Thursday, with a record $8.8 billion in net withdrawals from the products in the U.S. A combination of factors likely contributed to the U.S. sustainable fund outflows during the first three months of 2024, said Morningstar. European consumers, and politicians, have supported greener products and climate-minded regulations.

  • Reuters

    Egypt in renewed mediation push for Gaza truce, sources say

    Egypt has asked for a follow-up meeting with Israel in renewed efforts to mediate a deal for a ceasefire and the release of hostages in the Gaza Strip, two Egyptian security sources said on Thursday. Egyptian, Israeli and U.S. officials held in-person and remote meetings on Wednesday that sought concessions to break a deadlock in months-long negotiations for a truce in the war between Israel and Palestinian group Hamas that began on Oct. 7, the sources said. Egypt believed Israel had shown more willingness to allow displaced Gazans to return towards the north of the enclave in a way that limited security checks and procedures for those not suspected of militant activity, they added.

  • etf.com

    Here is What is Happening in Markets: April 25

    Markets sink after economic growth slows in the first quarter