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UK immigration
UK lacks detention capacity for Rishi Sunak’s migration crackdown
...Existing detention sites have had to reduce their capacity over the past year due to a lack of staff and resources....
March 12, 2024
High Speed Two Ltd
HS2 considers scrapping first-class seats to maintain passenger capacity
...increase capacity on the railway system between the north and south....
January 26, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
Susan Hawley
Senior executives must be held individually accountable
...Even the IMF has exhorted the UK to use criminal prosecutions against “senior managing officials” to tackle money laundering....
February 11, 2024
Micron
Micron secures $13bn in US support to expand chipmaking capacity
...The Boise plant, which is under construction, should start chip production in 2026, while the two New York factories will come online in 2028 and 2029, respectively, senior US administration officials said...
April 25, 2024
Climate change
World coal capacity growth jeopardises peak emissions forecasts
...gives grid and local officials incentives to run coal in place of renewables to maximise revenue,” said Hove....
April 11, 2024
Zambia
Zambia’s $13bn debt stand-off an ‘indictment’ of global system, says president
...He said that unless the weaknesses of this system were addressed, countries would “deal with each other individually . . . and where there’s failure in bilateral negotiations, where should countries go to...
March 20, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
UK business
Manchester’s new arena delays opening night amid safety concerns
...Manchester council said it would “continue to work closely with the venue as they push to complete the arena and prepare to host their first official shows”....
April 22, 2024
InterviewNuclear energy
UK should consider wider range of nuclear power options, says top official
...He said the UK would need between 10 and 50 SMRs, depending on their output — the shortlisted designs have a generating capacity of between 300MW and 500MW — and how many large-scale plants were built....
April 9, 2024
UK politics
Extra 85,000 childcare places needed in England to meet government target
...Officials added that local authorities had reported they were meeting the demand for childcare in their areas....
April 18, 2024
EU immigration
Albanian top court approves migrant deal with Italy
...The asylum claims will be processed by Italian officials while applicants are confined to the centres in Albania, and those whose claims are rejected will be held until they are repatriated to their home...
January 29, 2024
News in-depthMiddle East conflict
Iran crisis risks easing pressure on Israel over Gaza, diplomats warn
...But they said that if it were to happen, it would not affect military capacities such as missiles and air defence systems that Israel would need to defend itself in a conflict with Iran....
April 18, 2024
US-China relations
Yellen says US will protect green tech from China competition
...Some Chinese officials have also recognised that there is too much productive capacity, leaving factories dormant....
April 4, 2024
News updates from March 15: US home fees set to fall; Foxconn boosts outlook on AI hopes
Ukraine strikes another Russian refinery as campaign to hit economy intensifies
...Analysts believe that about 15 per cent of Russia’s refining capacity has been affected so far....
March 15, 2024
Middle East conflict
Israel launches calibrated retaliatory strikes against Iran
...of weapons capacity....
April 19, 2024
Anand Menon
The EU and UK need a new security deal fit for a more dangerous world
...challenges individually....
March 11, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Climate change
Rich nations pledge $11bn to World Bank for climate and global crises
...Speakers included representatives from Brazil, Nigeria and Kenya, along with the UN’s top climate change official, Simon Stiell....
April 20, 2024
GMK Noril'skiy nikel' OAO
Norilsk Nickel to move copper smelter from Russia to China as sanctions bite
...Potanin’s complaints about the cost of sanctions reflect wider concerns in Moscow about US pressure on banks doing business with Russia, said Alexandra Prokopenko, a former central bank official....
April 22, 2024
US-China relations
Yellen says US-China relations on ‘stronger footing’
...“China is now simply too large for the rest of the world to absorb this enormous capacity,” Yellen said on Monday....
April 8, 2024
News in-depthChinese economy
China warns west of ‘survival of the fittest’ as manufacturing boosts economy
...To counter these arguments, officials assert that China’s green industries, which have benefited from sweeping subsidies and government protection, are the result of “market forces”....
April 17, 2024
News updates from November 28: Berkshire Hathaway’s Charlie Munger dies, Dollar hits 3-month low after Fed official signals end to rate rises
Top Fed officials take sides on future path of interest rate moves
...Fed governor Michelle Bowman on Tuesday highlighted several uncertainties potentially keeping inflation higher than expected, including the capacity for supply-side improvements to continue and ongoing strength...
November 28, 2023
Intel Corp
Intel to receive $8.5bn in US funding for high-end chip manufacturing
...Intel will receive $8.5bn in direct funding and $11bn in loans from the US government to expand its capacity to make high-end chips, as it seeks to reinvent itself as a national champion in the sector and...
March 20, 2024
US-China relations
How Yellen struggled to move the needle on US-China trade
...Yet Chinese officials later pushed back at many of Yellen’s main talking points, especially US complaints of Chinese excess capacity and dumping....
April 10, 2024
InterviewWar in Ukraine
Kyiv calls on west to fund Ukraine’s domestic defence production
...The estimate was “more or less there”, said a Ukrainian official....
March 15, 2024
Labour Party UK
Labour vows to boost UK investment in floating offshore wind
...But one Conservative official said that when Labour was last in power between 1997 and 2010 it made slow progress on renewables....
March 25, 2024
War in Ukraine
Ukraine strikes oil refineries deep inside Russia
...The official added that Ukraine was “systematically implementing a detailed strategy . . . to deprive the enemy of resources and reduce the flow of oil money and fuel”....
March 13, 2024

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