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Rapid upgrades to infrastructure and fleets and buoyant tourism industry provide boost
...LVMH accounts for about a third of the total....
...The European Commission, the EU’s executive arm, announced on Thursday it had “requested further explanations” from Apple over its decision to terminate the developer account of Epic Games....
...Bishop said Apple was already enforcing the filing requirement for Chinese developer accounts, and was required to do so for international services....
...Sales of electric vehicles will “grow strongly” this year and could see battery and hybrid models account for one in five cars sold worldwide, according to a bullish forecast from the International Energy...
...Lynch, who sold the company to Hewlett-Packard for $11.7bn in 2011, faces charges that he falsified Autonomy’s accounts in the two years before the deal....
...The Archbishop of Canterbury doesn’t have an account but a video of him saying “Oh God” at the funeral of the late Queen has been viewed millions of times....
...investors in January that these profits from lending — so-called net interest income — would come down in 2024 with the anticipation of several rate cuts and savers moving money to higher-paying deposit accounts...
...This is an industry in recovery mode — few sectors were as badly pummelled by the pandemic, which shuttered gyms. Pricey branded sportswear was harder to justify with no one to see it....
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...As inflation rose, the cost of everything from labour to construction materials blew past what had been budgeted, and most countries asked for revisions to take higher prices into account....
...as long as French and German ATC don’t (expletive) it all up in March, April, May, I think all operators in Europe will be positioned for a very strong summer of traffic and bookings and reasonable fair recovery...
...Recovery in business travel is underpinning demand. So is consumer desire to make up for missed trips. This should be good news for airlines....
...Emerging Markets and China exhibited periods on accelerated performance during PMI Recovery phases, but these growth spurts are relatively brief....
...Initially used for high-end gaming graphics cards, HBM chips account for a growing share of the global dynamic random access memory market....
...“There is a glimmer of hope as the eurozone inches towards recovery,” said Norman Liebke, an economist at Hamburg Commercial Bank, which sponsors the survey, while warning that Germany was “acting as a brake...
...The state tax service signed off on its accounts in August, Damerau said....
...Fink attributed the US’s faster recovery from the financial crisis relative to Europe to America’s lower dependence on the traditional banking sector....
...If the market turns down you could suspend profit-taking from the long-term account and wait five years for a recovery in prices before topping up the short-term account....
...At 170mn, US users account for about 14 per cent of the total, though their revenue contribution will be higher. Plus, TikTok’s global content is an important part of its appeal....
...The BoE data on Tuesday also showed other signs of the impact of higher interest rates fading, with cash deposits in household bank accounts rising in February driven by flows into instant access accounts...
...Sales growth in the US and other markets throughout the July-to- September period were not enough to offset Estée Lauder’s weakness in Asia, which accounts for almost one-third of the company’s revenue....
...Apple has become a critical holding for Berkshire and now accounts for roughly a fifth of its market value....
...“The suspects transferred the funds to their bank accounts in Austria, Romania and Slovakia as soon as they received the advance payments,” the EPPO said....
...Once you include the voting proxy arrangement that co-founder and chief executive Steve Huffman has with other investors, he will account for about 46 per cent alone....
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