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National Internal Revenue Code of 1997 5th Edition
As the global economy slowly recovers its verve, so business leaders in the hospitality and tourism sector are looking at new ways to grow their operations. So says our International Business Report (IBR), which interviews around 150 senior executives in the sector globally every quarter.
Energy costs are a major concern for businesses in Italy: close to two in five business leaders expect rising energy costs to hinder growth over the next 12 months (38%) according to our Q1 International Business Report (IBR) results. This is above the global (35%) and EU (31%) averages and reflects the higher price of energy in Italy compared with the rest of Europe.
We launched our annual M&A report – ‘Dynamic businesses at the forefront of M&A optimism’ – in Hong Kong last week. The report has provoked a good deal of debate and I just wanted to share two highlights from the data.
Dynamic businesses at the forefront of M&A activity highlights an increasing importance for M&A in driving growth. There is a clear acknowledgment from the 12,500 businesses surveyed that acquisitions will be needed to supplement existing operations.
I am currently at MIPIM, the annual gathering of property professionals from around the world, and can report that the mood is much improved from this time last year. Developers, property companies, investors and homeowners suffered disproportionately during the financial crisis.
Developers, property companies, investors and homeowners suffered disproportionately during the financial crisis. But now, finally, expectations for profitability, jobs and orders are all on the rise.
I read a fascinating article in the Wall Street Journal the other day which suggested that my region could broadly be thought of as two separate entities.