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...The seafood business has been in recovery mode after being buffeted by inflation and price recovery issues, so the delivery of an annual operating profit was important....
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...The writer is the managing director of the International Finance Corporation Emerging market businesses have long been perceived as risky destinations for investment. But how risky, exactly?...
...France’s Thales has reported an 11 per cent jump in annual operating profit to €2.1bn, exceeding the level seen before the pandemic for the first time since 2019 as it benefits from a recovery in civil aviation...
...Davie cautioned against the BBC moving towards a fully commercial model, saying such a move could compromise the corporation’s editorial objectives....
...Anyone hoping to recover cargo from a wreck and bring it to the UK to claim ownership of it should consider taking steps to identify the original owner and making contractual arrangements for its recovery...
...The corporation will need to carry out a public interest test before creating the stations, which will in effect be required to show that their public value outweighs the adverse impact on commercial rivals...
...Corporate lending was up, even in commercial real estate, which has been an area of concern. The volume of mortgages outstanding at US banks was flat from the end of the year....
...Global smartphone shipments meanwhile increased 7.8 per cent year over year, according to preliminary data, suggesting a broader industry recovery....
...A broader measure by Trepp forecasts $2.2tn in commercial real estate debt maturing over the next three years....
...The corporation said broadcast viewing was already in decline among all audience groups, and particularly among younger audiences....
...Commercial rents are down 37 per cent on average from that peak....
...US financial sanctions are a commercial death sentence....
...a borrower is at least 30 days late, according to filings to the Federal Deposit Insurance Corporation....
...Investors are becoming increasingly optimistic about the near-term outlook for Germany, suggesting growing confidence that falling inflation and potential interest rate cuts will lead to a recovery....
...The City’s efforts to attract big companies come as the commercial property market battles the effects of remote and hybrid working....
...China has also stepped up its support of fusion research, creating a consortium in December, led by the China National Nuclear Corporation, to advance the development of fusion energy in the country....
...Value does best in a true economic recovery, and we don’t seem to be in one. Nor are we going to short the Mag 7 (too scary!)....
...What’s more, Brookfield Corporation has a different definition of “core” to BPY, its wholly owned subsidiary described as “Brookfield Corporation’s primary vehicle to make investments across all strategies...
...An index compiled by VTS, a real estate technology company, shows New York is leading a recovery in office demand across the US....
...Despite the unit’s moderate profits from US Treasury clearance since the takeover, the hefty one-time cost of system recovery and the risk of client loss have led senior bankers in Beijing to question the...
...Japan’s sogo shosha developed into the country’s commercial core as it opened up for trade in the late 19th century. They are still seen as representing traditional Japan, rather than its future....
...State-owned Comac was established jointly with companies including Shanghai-listed Aluminum Corporation of China, China Baowu Steel Group and Sinochem Corporation....
...While a larger fallout was avoided, the incident should act as a wake-up call for financial corporations and regulators to step up their efforts on cyber security....
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