September 29, 2022 McDermott Will & Emery To print this article, all you need to do is be registered or log in to Mondaq.com. At a recent Tax Executives Institute conference in New York, an Internal Revenue Service (IRS) spokesperson said guidelines and a new final form willRead More →

What makes a hotel profitable can be summed up in one thing: its customers! Guest experience is the main driver of continued revenue for any successful hotel. When guests are unhappy with their stay, they are unlikely to return or recommend your hotel to new guests. In the digital ageRead More →

TAMPA, Fla., Sept. 26, 2022 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or “LMFA”) today announced the power-up of 848 S19J Pro Antminer (S19J Pro) mining machines at Core Scientific Inc.’s facilities in Calvert City, Kentucky. “We are excited to power up our first machines inRead More →

Ontario Premier Doug Ford and members of the province’s Legislative Assembly pay their respects to Queen Elizabeth and take the oath of allegiance to King Charles III in Toronto on September 14.Christopher Katsarov/The Canadian Press The Ontario provincial government says it generated 20% more revenue than expected thanks to aRead More →

The global demand for magnesium alloys is driven by the increasing use of these materials in the biomedical, healthcare, reinforced automotive and aerospace industries. CITY OF JERSEYNew Jersey , September 23, 2022 /PRNewswire/ — Verified Market Research recently released a report, “Magnesium Alloys MarketBy alloy type (cast alloys, forged alloys),Read More →

More than $75.6 million has been collected in addition to projected revenue for the first 11 months of fiscal year 2022, based on the latest consolidated preliminary report of general fund revenues and expenditures from the Government of Guam. But much of the so-called surplus revenue, though unaudited, has alreadyRead More →

No related data. © 2022 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved. THE CREDIT RATINGS ISSUED BY MOODY’S CREDIT RATINGS AFFILIATES CONSTITUTE THEIR CURRENT OPINIONS ON THE RELATIVE FUTURE CREDIT RISK OF THE ENTITIES, CREDIT COMMITMENTS, INDEBTEDNESSRead More →

Town Lodges and Road Lodges now offer lunch and dinner options, in addition to an economy breakfast. The group recorded a 150% increase in revenue in the catering sector, boosted by the improvement in the food offer. Although it has not returned to its pre-pandemic position, the City Lodge HotelRead More →

Sustainable fuels technology company Velocys revealed revenue of £8.2m for the first half of the year, with operating losses of £5.5m. But the report makes it clear that Velocys will need additional funding over the next twelve months to remain a going concern. “Our interim results show tangible progress withRead More →

No related data. © 2022 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved. THE CREDIT RATINGS ISSUED BY MOODY’S CREDIT RATINGS AFFILIATES CONSTITUTE THEIR CURRENT OPINIONS ON THE RELATIVE FUTURE CREDIT RISK OF THE ENTITIES, CREDIT COMMITMENTS, INDEBTEDNESSRead More →

Gaming Realms reported revenue of £8.5m (€9.6m/$9.7m) for the first half of 2022, up 9.8% year-on-year on the other. A total of £6.4m of revenue came from content licensing revenue. Social games revenue reached £1.8 million, while brand licensing contributed £300,000 of overall revenue. Revenue from North America alone wasRead More →

Figures released Monday by the Pennsylvania Gaming Control Board were only a small appetizer before the main course which, for sport bets is the NFL. Pennsylvania Sportsbook manipulated $363 million in the bets in Augustan increase of $30 million from July. Revenue in august was $42.1 million (a jump ofRead More →

Photo: Sunbelt Rentals One industry that benefits from a busy construction industry going through tough economic uncertainty is equipment rentals, as the financial performance of large chains such as Sunbelt Rentals suggests. Revenue at Sunbelt’s UK-based parent company Ashtead jumped 22% in the three months to July 31 to $2.26Read More →

The National Institute for Policy and Strategic Studies (NIPSS) collaborates with the Nigerian National Petroleum Company (NNPC) Limited. reposition the Nigerian oil and gas industry for growth and development.The Chief Executive of NIPSS, Prof. Ayo Omotayo, said as much recently when he led a delegation from the institute on aRead More →

ATLANTIC CITY, NJ (AP) — New Jersey casinos, racetracks that offer sports betting and online partners of both types of gambling venues earned $470.6 million from gamblers in August, up from more than 10% from a year earlier, according to figures released Friday by state gambling regulators. The amount ofRead More →

The realization of Ayan Mukerji brahmastra Part 1: Shiva roared at the box office as the film crossed Rs 300 crore at the global box office. The film stars Ranbir Kapoor, Alia Bhatt, Nagarjuna Akkineni, Amitabh Bachchan and Mouni Roy in key roles. During a recent interaction, Telugu star NagarjunaRead More →

BOSTON — Governor Charlie Baker on Friday announced details of how the state plans to return nearly $3 billion in surplus revenue to millions of taxpayers starting this fall. The news comes after Auditor Suzanne Bump confirmed the Revenue Department must return $2.94 billion to taxpayers because state revenue exceededRead More →

Governor Charlie Baker on Friday announced details of how the state plans to return nearly $3 billion in surplus revenue to millions of taxpayers starting this fall. The news comes after Auditor Suzanne Bump confirmed the Revenue Department must return $2.94 billion to taxpayers because state revenue exceeded the amountRead More →

He explained that prompted by this development, the government decided to formulate sound policies that would put in place buffers against shocks and improve domestic revenue mobilization. Despite the challenges, Barrow added that the fourth review of the Extended Credit Facility with the IMF was successfully completed in December 2021.Read More →

As Tech Sector Cools and Macro Headwinds Strengthen, Lenders Reassess Recurring Revenue Lending After a year of searing moves in the tech sector, markets cooled in 2022 as inflation and rising rates prompted many investors to favor investments in safe-haven asset classes. Global M&A activity in the technology, media andRead More →

tiredness Trouble is brewing in the investment banking industry as clients remain wary of the current economic environment. An aggressive Fed and the potential for a recession are weighing on corporate negotiations, while soaring inflation continues to cloud the outlook. IPOs have also held back this year as the marketRead More →

Forward (NYSE: AVTR) on Wednesday hit a two-year low of $23.44 per share, a day after the medical equipment maker fell 8.9% in response to management’s new earnings forecast. Cowen downgraded Avantor to Market Perform from Outperform and lowered its profit estimates. Avantor on Monday cut its third-quarter forecast forRead More →

1 FG clawed back 2.6 trillion in revenue from oil companies – NEITI 2 FG clawed back 2.6 trillion in revenue from oil companies – NEITIRecoveryBy Emmanuella AnokamAbuja, 14 September 2023 TheFederal government recovered a total of $2.6 billion in revenue from oil companies as a result of the NigeriaRead More →

Breadcrumb Links Policy Opinion Columnists Opinion: With all this well-documented fiscal wiggle room, the NDP is taking its time to deal with the immediate and direct health care crisis British Columbia NDP leadership candidate David Eby. Photo by Jason Payne /PNG Content of the article VICTORIA — Finance Minister SelinaRead More →

📝Global Municipal Software Market 2022-2028, by Product Type (Basic ($125-200/month), Standard ($200-450/month), Senior ($450+/month), By End User Application (Credit Unions, Education, Local Government, Other) and Geography (Asia-Pacific, North America, Europe, South America, Middle East and Africa), Segments and Forecasts from 2022 to 2028. According to our recent study , theRead More →

New Delhi, Sep 11 (PTI) IT company Comviva expects its revenue to grow by 33% to around Rs 1,600 crore in this business-driven financial year, a senior has said. company manager. Read also | Anurag Kashyap’s Birthday: 5 TV Shows Whose Director Dobaara Wrote Credits. Comviva CEO Manoranjan Mohapatra toldRead More →

The detailed Payment Processing Solutions Market 2022 report covers demand, growth, market scope and segmentations such as type, application, region (US, Europe, China, Japan, India, Southeast Asia, Latin America, Middle East and Africa) and manufacturers. “The final report will add the analysis of the impact of COVID-19 on this industry.”Read More →

No related data. © 2022 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved. CREDIT RATINGS ISSUED BY MOODY’S CREDIT RATINGS AFFILIATES CONSTITUTE THEIR CURRENT OPINIONS ON THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, INDEBTEDNESS OR INDEBTEDNESS-RELATEDRead More →

Image Credit: Anghami Middle Eastern music streaming service Anghami reported an increase in revenue for the first half of 2022, as well as growth in the number of users. Good news from RouteNote partner Anghami. The music platform reported revenue growth for the first half of this year, with anRead More →

Over the course of more than four years and 200 episodes, Play on has established itself as the gaming industry’s leading podcast, providing news and analysis as well as interviews with the most influential names in gaming every week. Episode 208, released September 8, 2022, features an interview with theRead More →

“Soon, Gen Z and Millennial shoppers will make up the majority of the luxury market, and they will continue to influence the interests of older generations as well,” says Crevoiserat. “Expressive luxury is our vision for this future as well as our heritage, and is at the heart of theRead More →

Colm Brownthe newly elected president of the Irish Tax Institutecalled for new measures in the 2023 budget to support businesses in the repayment of warehousing tax debt. Addressing the Institute’s AGM, Browne said that Revenue must take a pragmatic approach to businesses as they start reimbursing their storage taxes fromRead More →

According to a report by CRISIL, the consumer durables sector is likely to experience double-digit volume growth despite mounting pressure on margins, boosting sales by 15-18% to Rs 1 lakh crore this year. The analysis forecasts a 10-13% increase in demand and volume, driven by both urban and rural markets,Read More →

Revenue from the consumer durables sector in India is expected to grow by 15-18% to Rs 1 lakh crore in the current financial year on the back of a 10-13% increase in volume, CRISIL said in a statement. . Despite pressure on margins, credit risk profilesRead More →

SAN FRANCISCO–(BUSINESS WIRE)–Blend Labs, Inc. (NYSE:BLND), a leader in cloud banking software, today announced technology industry veteran Dean Klinger as its new Chief Revenue Officer. Klinger most recently served as Senior Vice President of Sales, Key Accounts at Snowflake, Inc. (NYSE: SNOW), a market leader in cloud data warehousing andRead More →

Financial advisory services market Global Financial Advisory Services Market was valued at USD 79.4 Billion in 2020 and is projected to reach USD 135.6 Billion by 2030, growing at a CAGR of 5.8%. PORTLAND, OREGON, USA, Sept. 5, 2022 /EINPresswire.com/ — Allied Market Research (Portland, Oregon, USA) has released theRead More →

Nigeria’s economy has been described as a mono-commodity economy due to its heavy reliance on crude oil for its revenue and foreign exchange inflows for decades. Despite several dialogues and policies aimed at changing this narrative, oil and gas continue to account for almost 90% of export revenue and 85%Read More →

Cairo, Egypt – Carzami, an online retailer of quality used cars and vehicle finance, today announced the closing of a pre-seed round led by Contact Financial Holding, as well as a financing facility of scalable inventory, which it plans to use to transform the Egyptian used car market targeting $30Read More →

India Inc reported a 39% increase in headlines in the April-June quarter, but operating margins shrank 213 basis points to 17.7% due to cost inflation inputs, according to a report released Monday. While companies have passed on rising input costs in the form of raw material and energy costs, drivingRead More →

Oregon’s latest revenue forecast shows the projected personal kicker is $3.5 billion, which will be credited to taxpayers when they file their returns in the spring of 2024. The projected business kicker is 1.1 billion dollars, which will be withheld for education expenditure. Overall, forecasts show the state will seeRead More →

lululemon athletica opened 21 company-operated stores during the second quarter. Credit: Elvert Barnes/Flickr (Creative Commons). North American sportswear retailer lululemon athletica reported revenue of $1.9 billion for the second quarter (Q2) of fiscal 2022 (FY22), up 29% from the same period of fiscal year 2021 (FY21). The company’s net salesRead More →

NEW DELHI : Central and state governments collected more than ₹1.43 trillion in Goods and Services Tax (GST) revenue in August, a jump of 28% from a year ago. In August 2021, the GST sweep was ₹1.12 trillion. The collection of GST revenues remained ₹$1.4 trillion for six consecutive months,Read More →

As spending continues to rise, Cash Converters says the appetite for credit remains high. Cash Converters (ASX:CCV) announced what chief executive Sam Budiselik describes as a “pivotal year” for the 12 months ending June (fiscal 2022), with revenue up 22% to 245.9 million of dollars. Earnings before interest, amortization, andRead More →

HOUSTON: Oil prices fell more than $7 a barrel on Tuesday, the biggest drop in about a month, on fears that an inflation-induced weakening in global economies could slow fuel demand and unrest in Iraq have failed to shake the country’s OPEC crude exports. Brent crude futures for October settlementRead More →

India Inc reported a 39% increase in headlines in the April-June quarter, but operating margins shrank 213 basis points to 17.7% due to cost inflation inputs, according to a report released Monday. While companies have passed on rising input costs in the form of raw material and energy costs, drivingRead More →

The price of bitcoin hit record highs in 2021, but slipped below $40,000 in January 2022. — © AFP If you’re wondering why so much in the news seems totally irrational, there’s a simple answer: money. The main money transfer mechanism is money laundering. Billions, probably trillions of dollars areRead More →

DUBAI: Endowed with funding of 551,000 dirhams ($150,000), The Waste Lab is bringing natural composting to business giants Hilton Group and Majid Al-Futtaim Group as it plans to turn Dubai’s desert sand into soil cultivable. Officially launched in the United Arab Emirates, the startup would tackle the problem of foodRead More →

A new study from the US Department of Energy’s National Renewable Energy Laboratory shows that biorefineries can increase their financial returns by selling renewable propane rather than using it as a process fuel or hydrogen feedstock. The financial results complement the proven carbon reduction benefits of renewable propane for theRead More →

SAN ANSELMO, CALIFORNIA – APRIL 07: Jen Van Santvoord rides her Peloton exercise bike at home … [+] on April 07, 2020 in San Anselmo, California. More and more people are turning to Peloton due to shelter-in-place orders due to the coronavirus (COVID-19). Peloton stock has continued to rise inRead More →

A coalition of 28 public health and advocacy groups is urging state health systems to prioritize Medicaid expansion over revenue protection in hopes of grease the wheels of the one of two bills in the state legislature. Several analyzes have cited that between 450,000 and 650,000 North Carolinas could benefitRead More →

Peloton posted a bigger loss in its fourth fiscal quarter as sales fell and costs rose. The company, led by CEO Barry McCarthy, is implementing an aggressive turnaround plan. Peloton did not offer any outlook for its new fiscal year. Peloton reported rising losses and plummeting sales for its fiscalRead More →

SINGAPORE, August 25, 2022 /PRNewswire/ — Navy Online (Singapore) Pte Ltd recorded its turnover at $150 million like a August 2022eclipsing the 2021 performance of $6 million. While this tremendous improvement highlighted the company’s resilience in the post-pandemic business landscape, navy online grew exponentially in Q3 2022 compared to 2021Read More →

NASSAU, BAHAMAS—The government must now shift to a seamless mode of implementing its revenue-enhancing initiatives to meet its 25% revenue-to-GDP target, a governance reformer said yesterday, while noting that the window of success is “extremely narrow”. Hubert Edwards, head of the economic committee of the Organization for Accountable Governance (ORG),Read More →

OMAHA, Nebraska (KETV) — A new public works project is giving the phrase “flushing money down the toilet” new meaning for Omaha and surrounding communities. On August 16, the Omaha City Council approved a $20 million biogas conditioning project to capture and clean gas naturally created during the wastewater treatmentRead More →

A new public works project is giving the phrase “flushing money down the toilet” new meaning for Omaha and surrounding communities. On August 16, the Omaha City Council approved a $20 million biogas conditioning project to capture and clean gas naturally created during the wastewater treatment process at the OmahaRead More →

August 22, 2022 South African recruitment and outsourcing company Workforce Holdings (WKF: JSE) today announced revenue for the six months ended June 30, 2022 of ZAR 1.99 billion ($116.8 million ), up 21% year-on-year. The revenue growth is mainly due to market stabilization after the impact of the pandemic andRead More →

With the rise of crypto, the FTX exchange could have generated $1 billion in revenue in 2021. Citing internally audited financial statements, CNBC reported on Saturday (August 20) that the company also made numerous acquisitions and was able to strengthen its global footprint. The company’s revenue grew by more thanRead More →

Al Yah Satellite Communications – better known as Yahsat – is optimistic about strong revenue growth from its commercial satellite data and telecommunications business as the Abu Dhabi-based company prepares to launch its next satellite in 2023 and expand into new markets. “We will expand our reach to more marketsRead More →

On August 12, 2022, IRS Ordinance No. 208/2022 (IRS Ordinance) was published in the Brazilian Official Gazette, regulating the settlement of tax credits administered by the Brazilian Tax Administration (IRS). Taxpayers will be able to settle tax credits in the context of tax administrative litigation as follows: (I) settlement byRead More →

No related data. © 2022 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved. CREDIT RATINGS ISSUED BY MOODY’S CREDIT RATINGS AFFILIATES CONSTITUTE THEIR CURRENT OPINIONS ON THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, INDEBTEDNESS OR INDEBTEDNESS-RELATEDRead More →

The good times will continue to roll for lithium producers in a market free from the downturn fears that have rocked other commodities in recent months, according to the second-largest battery metal supplier. Reporting record quarterly profits, SQM – which partners with Wesfarmers in the Covalent joint venture near SouthernRead More →

Crypto Moves – Bitcoin and Ethereum fall; Genesis Hires Insider as Acting Chief DUBAI: Bitcoin, the leading cryptocurrency internationally, traded lower on Thursday, falling 4.03% to $23,371 as of 9:37 a.m. Riyadh time. Ethereum, the second most traded cryptocurrency, was priced at $1,843, down 5.33%, according to data from Coindesk.Read More →

Pennsylvania sports betting’s strong performance against bettors in July helped the state’s gaming industry boost its total revenue, monthly figures released Wednesday showed. The Pennsylvania Gaming Control Board reported that all forms of commercial gaming generated $429.1 million in revenue last month, including $177.1 million allocated to state and localRead More →

Continued strong sales tax collections have led Florida state economists to raise their forecast of how much revenue the state will receive in the next two fiscal years by $5.3 billion, despite fears that inflated inflation and rising interest rates will significantly affect the economy next year. Revenue collected forRead More →

SAN FRANCISCO–(BUSINESS WIRE)–Airbase, the fastest growing and top-ranked expense management solution, today announced the appointment of Philip Lacor as chief revenue officer. Reporting to Founder and CEO, Thejo Kote, Philip will lead the company’s sales, customer success, marketing and business development teams, and consolidate efforts to accelerate growth in theRead More →

Aug 15 (Reuters) – Nu Holdings Ltd on Monday reported second-quarter revenue that more than doubled as the Warren Buffett-backed digital banking firm saw strong growth in its customer base in Brazil, Mexico and Colombia. Nubank has successfully thwarted the industry downturn triggered by geopolitical turmoil, rising rate fears andRead More →

Intelligence Market Report Publish a new research report on “Analysis of Credit Insurance Market 2022 by Key Players, Applications, Growth Trends, Segment Share and Forecast to 2028” This press release was originally distributed by SBWire London, UK – (SBWIRE) – 08/13/2022 – Credit Insurance Market Scope and Overview Credit insuranceRead More →

Facing unprecedented challenges 39% revenue growth and 37% gross profit growth Highest PAT ever recorded for the 1st trimester Secures more than eight months of raw material as inventory for uninterrupted production Start of manufacturing operations in Bangladesh under wholly owned subsidiary, Asia Coatings (Pvt) Ltd Financial assistance plans providedRead More →

No related data. © 2022 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved. THE CREDIT RATINGS ISSUED BY MOODY’S CREDIT RATINGS AFFILIATES CONSTITUTE THEIR CURRENT OPINIONS ON THE RELATIVE FUTURE CREDIT RISK OF THE ENTITIES, CREDIT COMMITMENTS, INDEBTEDNESSRead More →

Adreadful, bad, gloomy, horrible. Choose your favorite from these adjectives, and it will definitely apply to Novavaxit is (NASDAQ: NVAX) second quarter update. The vaccine maker said Monday its second-quarter revenue fell nearly 57% year-over-year to $186 million. This is particularly concerning, given that Novavax’s COVID-19 vaccine wasn’t on theRead More →

No related data. © 2022 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved. THE CREDIT RATINGS ISSUED BY MOODY’S CREDIT RATINGS AFFILIATES CONSTITUTE THEIR CURRENT OPINIONS ON THE RELATIVE FUTURE CREDIT RISK OF THE ENTITIES, CREDIT COMMITMENTS, INDEBTEDNESSRead More →

Company oi-Sunil Fernandes | Posted: Thursday August 11th 2022, 11:04 AM [IST] A combination of strong same-store sales, new store launches and a higher contribution from online channels will drive revenue growth of 21-23% for apparel retailers this fiscal year, or around 500 basis points (bps) higher than pre-pandemic (FY2020)Read More →

Kornit Digital (KRNT) came out with a quarterly loss of $0.31 per share against Zacks’ consensus estimate of a loss of $0.28. That compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents a profit surprise of -10.71%. ARead More →

The Canada Revenue Agency (CRA) is planning a massive email notification campaign to reach Canadians across the country who have uncashed checks worth $1.4 billion. Email notifications will target recipients of the Canada Child Benefit and related provincial and territorial programs, as well as recipients of GST/HST credits and AlbertaRead More →

S Chand & Company Ltd made PAT profitable in FY22 after three years of battling national education policy uncertainty and disruption caused by multiple Covid-19 induced lockdowns, which resulted in the closure educational institutions nationwide. The company has not only exceeded street expectations with flying colors with its strong improvementRead More →