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...Dickie said that because Grosvenor was already a commercial developer, funding construction was “already within our risk appetite” and the company could more easily “take a view on pricing that risk”....
...On Thursday it also agreed a £80mn construction loan for new serviced apartment buildings, and replaced an existing construction facility with a £132mn loan on a mixed-use building that includes offices,...
...It launched investment banking in the city-state in 2010 and brought in more product lines, including asset and wealth management, during the pandemic....
...be more nuanced and less clear-cut than is believed to be the case by many companies, stakeholders and other commentators”....
...Shares in US-listed gas-focused exploration and production companies have performed well in the year to date, helped partly by timely gas price hedging....
...“Construction companies generally commented on a broad-based rebound in tender opportunities, helped by easing borrowing costs and signs that UK economic conditions have started to recover in the first quarter...
...Rivian is pausing construction on building a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....
...Rivian is pausing construction of a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....
...Companies need to take the lead and promote wealth management as an inclusive space where women’s voices matter.”...
...And, unsurprisingly, management below the board level decided to sell into this share price strength....
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...); and company databases....
...Commercial construction activity declined in February, with contractors citing client hesitancy and constrained budgets....
...Tim Moore of S&P Global Market Intelligence said construction companies were “increasingly optimistic that the worst could be behind them soon as recession risks fade and interest rate cuts appear close...
...Tideway’s organisation and management are expected to be reduced in line with its activities from next year and it should eventually have a smaller management team, though it declined to set a timeframe....
...Named after a father and son duo who began running the company in 2001, Shimao had outlined a restructuring proposal in late March that included short-term and long-term notes, as well as convertible bonds...
...Dear reader, After a week off, I’m catching up on the Lex column’s output myself. And there is plenty to chew over....
...Pål Kildemo, chief financial officer of the Norwegian company, said this construction crash because of high rates and rising building costs had hit the aluminium sector hard, undermining earnings of Hydro...
...Which company operates the motorway services at both London Gateway and Cardiff Gate? What’s the name of Robert Graves’s 1929 autobiography?...
...Dear reader, Comebacks are hard to do, and even harder to do well....
...Construction, real estate and financial services companies were particularly at risk of default....
...“The momentum in Europe has been building and accelerating,” said IHG chief executive Elie Maalouf, adding that high construction costs and the continent’s large number of independent hotels presented “an...
...I have worked as an attorney in law firms, a legal specialist in the IT industry and a contract manager in the construction industry....
...Dear reader, Companies and sectors on the up tend to generate work for M&A bankers as they expand, reshape and acquire....
...Corporate insolvency data is volatile but the numbers have been rising at double-digit rates for most months since mid-2021, hitting a 30-year high last year, as companies struggled with higher costs and...
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