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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....
...Analysts expect investment banking revenues to rise in the first quarter from low levels a year ago, with activity in mergers and acquisitions and capital markets underwriting showing signs of recovery....
...“We would acknowledge that this is not going to be some sort of a V-shaped recovery. There are going to be plenty of troubled deals in the market,” added Gray....
...The Internal Revenue Service said on Wednesday that it was preparing “dozens” of audits of large corporations, partnerships and high-income taxpayers to see if their use of jets had been properly designated...
...Ireland is set to invest more than half of its coming corporation tax windfall in two new sovereign wealth funds, providing revenue for infrastructure projects and future economic challenges....
...However, analysts and fund managers said the weak recovery highlighted concerns about policy uncertainty in China....
...If successful, Exxon could see a substantial benefit in the form of higher revenues from the project.”...
...[We] still need to wait for the recovery of the global macro economy,” said Zhao....
...British Gas Energy itself reported a tenfold profit increase to £751mn, due to “an industry-wide one-off recovery of around £500mn of prior period costs”....
...Yet the number of inspectors employed by the Internal Revenue Service to audit complex tax returns — the kind filed by the ultra-wealthy and corporations — has fallen by almost half over the same period...
...and crafted Japan’s industrial policy during its stunning postwar economic recovery....
...The company reported $13.5bn in revenue, over $2bn more than the consensus expected and double the year-ago number. It’s targets for next quarter were equally impressive....
...Meanwhile, Italy’s long-suffering economy has been given a sizeable cash injection by the EU-funded post-pandemic economic recovery plan....
...Industrial output and consumer spending figures due to be published on Tuesday by the National Bureau of Statistics will provide another glimpse of the state of China’s recovery....
...That’s what we missed: how the policy response to the regional banking crisis stabilised the banking system, which allowed a pretty sharp V-shaped recovery....
...Brevan Howard has hired Ares Management Corporation’s Oualid Lahsini to lead its Middle East business in Abu Dhabi....
...Voyager intends to pursue recovery from 3AC and is in discussions with the Company’s advisors regarding the legal remedies available....
...Meanwhile, there are few signs of a recovery of appetite for bonds in domestic or international markets....
...Nick O’Reilly, director of restructuring and recovery at the accounting association MHA, said the Budget provided Hunt “with a golden opportunity to introduce new business incentives to restore confidence...
...The bonds had been trading at near par value before a run on Silicon Valley Bank prompted the Federal Deposit Insurance Corporation to seize control of the lender....
...In 2022, SVB Securities recorded $518mn of revenue, according to company filings....
...As routes return to normal, tourism revenues, which account for about 10 per cent of these economies, should turbocharge a recovery....
...Mainland visitors also accounted for most Hong Kong property purchases, helping generate the taxes that are a pillar of city revenues....
...The corporation provides the global feed for Eurovision, which is expected to attract 160mn viewers this year....
...And that will really offset some of the pain of the increased rate of corporation tax, 25 per cent....
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