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...US airlines generated $6.8bn from them in 2022, the latest data available, according to the Bureau of Transportation Statistics. That is more than double from a decade earlier....
...John Reed is the FT’s South Asia bureau chief, covering India, Pakistan and the region Join our online book group on Facebook at FT Books Café and subscribe to our podcast Life & Art wherever you listen...
...about $120mn in ransom payments and millions more in recovery costs, according to officials....
...Henry Liu, director of the FTC’s competition bureau, said Tapestry had the goal of becoming a “serial acquirer” and that its push to buy Capri would “further entrench its stronghold in the fashion industry...
...Rybolovlev, one of Bouvier’s former clients, accused the Swiss businessman in 2015 of systematically overinflating the value of €2bn of art he had sold him — a 38-painting collection of masterpieces that...
...“Le melon entamé” sold in 1876 to the Rothschild collection, where it has been since. Etienne describes the painting as “a pure moment of the 18th century, and of poetry”....
...But the data contrasted official PMI figures released on Sunday by the National Bureau of Statistics, which showed services activity shrank for a second month and the sector languishing at its lowest point...
...recovery from the coronavirus pandemic....
...of inspiration for the collection....
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...But to reach that level, policymakers were forced to roll out a range of measures to address the property slowdown and a less robust than expected recovery in consumption from the coronavirus pandemic....
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...The unemployment rate also dropped unexpectedly, to 3.8 per cent from 3.9 per cent, according to the Bureau of Labor Statistics....
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...After being raided in October by the Economic Security Bureau of Ukraine, which accuses it of violating gambling laws and evading €560mn in tax, a series of legal cases and agency-ordered measures have frozen...
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