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The post-pandemic landscape of New York City is undergoing a significant transformation, particularly in the commercial real estate sector. As the health crisis recedes, demand for office space has surged, returning to levels not seen since before the pandemic. This resurgence is not merely a fleeting trend but rather a reflection of shifting workplace dynamics
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Commerzbank has made headlines with its recent surprise announcement regarding quarterly results, showcasing what it describes as “record” annual profit along with a newly introduced share buyback scheme. The significant profit figures, especially in a financial landscape that sometimes struggles with volatility, highlight the bank’s resilience and adaptive strategies. This article will delve into the
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In a robust display of financial performance, Swiss pharmaceutical powerhouse Novartis reported fourth-quarter sales that exceeded analysts’ forecasts, climbing 16% on a constant currency basis to reach an impressive $13.2 billion. Analysts had anticipated revenues closer to $12.795 billion as per an LSEG poll. This performance spurred a positive market reaction, lifting Novartis shares by
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The recent financial report from H&M, a global heavyweight in the fashion retail industry, painted a mixed picture that has left investors anxious. Following an announcement that the company’s fourth-quarter sales fell short of market expectations, shares plummeted more than 5%. The reported sales amounted to 62.19 billion Swedish krona, which was significantly lower than
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