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...Poland has already requested €7bn in recovery funds and it expects they will be disbursed this spring. Warsaw hopes to receive a total of €23bn in recovery funds this year....
Rapid upgrades to infrastructure and fleets and buoyant tourism industry provide boost
...That has unnerved the lawyers who believe the state’s reputation for predictability is eroding, potentially risking its status as the premier place for US businesses to incorporate....
...Holding Whitbread shares can get you a free breakfast in a Premier Inn. As for the investments themselves, too many factors come into play and the sample is too small to be conclusive....
...For Premier League clubs, this week’s deal is likely to be celebrated....
...The premier also promised a slightly higher quota for special local government bonds of Rmb3.9tn, compared with Rmb3.8tn last year....
...The IMF predicts a recovery this year, forecasting growth in gross domestic product of 2.7 per cent....
...This week football’s simmering issues around multiclub ownership topped the agenda at a Premier League shareholder meeting....
...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 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....
...Fink attributed the US’s faster recovery from the financial crisis relative to Europe to America’s lower dependence on the traditional banking sector....
...head of the IMF has urged Ukraine’s allies to rapidly unlock tens of billions of dollars for the country, as she warned delays in providing the extra funding would jeopardise Kyiv’s tentative economic recovery...
...Brussels has backed the advance payment of €5.1bn to Poland under long-delayed EU pandemic recovery funds, ahead of the anticipated return to office of premier Donald Tusk in Warsaw....
...Premier Li Qiang also did not hold a briefing at the conclusion of the rubber-stamp parliament’s annual meeting this month....
...Premier League spending tumbled (a bit more on that below) as clubs took a closer look at their own books and decided to be frugal, for once....
...It noted its request represented just 11 per cent of the recovery, less than the 15 per cent in the previous case....
...It also calls for the EU’s €800bn post-pandemic recovery fund to be put to work funding energy infrastructure including carbon capture and storage “as soon as possible”....
...One of Tusk’s priorities is to get the European Commission to unlock billions of euros of EU pandemic recovery funds frozen over PiS reforms that stifled the independence of Polish judges....
...Lai, who takes office next month, announced last week that Cho Jung-tai, the former chair of the China-sceptic Democratic Progressive party, will be premier....
...Beijing is expected to resist growing market pressure for much stronger stimulus to spur China’s economic recovery at its flagship annual political event this week, analysts have said, as President Xi Jinping...
...Apple, however, is so far missing out on much of that broader industry recovery....
...A slow recovery in tourism from Asia, growing competition from Southwest Airlines and the recent wildfires in Maui have all weighed on demand....
...China’s economy grew an “estimated” 5.2 per cent last year, beating the official target, the country’s number two leader Premier Li Qiang said in Davos as he sought to allay concerns over its recovery from...
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