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...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...Voyager intends to pursue recovery from 3AC and is in discussions with the Company’s advisors regarding the legal remedies available....
...“The country has moved towards a more complex mix of high- and low-frequency sounds that reflect the recovery of life,” he says....
...Budapest has been locked in dispute with the EU over the rule of law and has yet to strike a deal with the commission on unlocking its share of the bloc’s post-Covid-19 recovery fund....
...Most likely in the Budget is some form of enhanced capital allowances under which companies can write off qualifying expenditure against taxable profits....
...Corporation tax is a tax on investment not on shareholders, corporation tax revenue should be reduced to zero....
...The Covid-19 pandemic “should have generated enhanced respect for risk and it hasn’t. It has caused quite the reverse,” Mr Grantham told the Financial Times....
...and the wealthy, in order to strengthen the recovery....
...Essentially, the world is facing a two-track recovery.” Worse, it is the rich — among countries and within them — whose economic recovery is fastest....
...“Republicans see an enhanced safety net keeping people away and oppose government involvement.”...
...(WSJ) Shaking down Main Street Goldman Sachs has historically entangled itself with the financial plights of governments and large corporations....
...International concerns have also led tech corporations to axe undersea cable projects that would have enhanced telecommunications and made Hong Kong a global data hub....
...Governments have put in place guarantees to banks that lend to corporations....
...“People have been knocking on our doors asking for affordable housing, job training and enhanced transit,” says Andy Berke, the mayor of Chattanooga, a midsized city in Tennessee....
...Joe Biden wants Congress to rapidly reach a deal on new fiscal stimulus, in an attempt to boost the US recovery before he takes office in January....
...It is possible that he addresses this by pre-announcing some tax hikes going into the future, most likely on Corporation Tax....
...The capability is enhanced by the dual-HUD system I was flying with....
...NRG Energy mothballed a CCS facility it built only three years ago, because the oil price crash cut the need to use the carbon in enhanced oil recovery....
...(FT) What else we’re reading Michael Klein leads Wall St charge into Spacs The former Citigroup banker has spent much of his long Wall Street career courting chief executives, big corporations and governments...
...(FT) Homecoming At the heart of China’s ambitions to become technologically self-sufficient is a relatively unknown company called Semiconductor Manufacturing International Corporation....
...Banks appear to have passed the first test: a short but pronounced period of market mayhem and a co-ordinated drawdown of hundreds of billions of dollars of credit by corporations feeling the strain....
...The South Tees Development Corporation, whose remit includes the former SSI land, is the UK’s biggest industrial regeneration project, and aims to create 20,000 jobs in 25 years....
...PG&E Corporation filed its Chapter 11 plan in early September having found itself with a $30bn liability after accidentally setting a lot of California on fire....
...GE said in a statement: “This settlement contains no admission of any allegations and concludes the FIRREA investigation of WMC Mortgage Corporation, LLC....
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