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...US President Joe Biden will travel to Intel’s site in Chandler, Arizona, on Wednesday to announce the package, which will go towards building new facilities for the company in the south-western state, as...
...government funding for chip manufacturing, which was passed by Congress in 2022, is part of Biden’s sweeping agenda to revitalise domestic manufacturing in areas ranging from clean energy to semiconductors and steel...
...Meanwhile, Alan Beattie writes in the FT’s Trade Secrets newsletter that America’s misguided obsession with swing voters in steel states is alienating key allies. [available for Premium subscribers]....
...US steel shareholder vote: Shareholders of the US company will vote on whether to accept Nippon Steel’s $15bn proposed acquisition....
...In Pittsburgh, Carnegie Mellon University has helped transform a city once known for its rusting steel industry into a robotics and AI hub....
...(AM local time) UK: Royal Institute of Chartered Surveyors House Price Survey Results: Anglo American Q4 production report, Allstate Q4, ArcelorMittal Q4, AstraZeneca Q4, British American Tobacco FY, CMC...
...The state of Pennsylvania alone produced more steel than the defeated nations of Germany and Japan combined....
...Another Arizona company, Reliance Steel & Aluminum, also joins the global index. MSCI said the new index would include 24 new companies while 34 others would be removed....
...Counterpoint: the Biden administration outriders at the Roosevelt Institute explain why the US green steel proposal is the best....
...Louis Vuitton lounge chair by Marcel Wanders, £27,800 SMR Days cotton-mix jacket, £300, mrporter.com Tiffany 1837 sterling-silver and brass Makers cocktail shaker, £2,075 Birkenstock oiled leather Arizona...
...Or more post-industrial and nightclubby, all steel beams and ducts?...
...US cities are also bringing in tough standards, from New York City to Scottsdale, Arizona....
...And I think that will happen with regard to these investments when the jobs are created, when steel is in the ground....
...Still known as the Steel City despite no working steel mills, Pittsburgh has the muscular look of an industrial-era American city, its downtown jutting proudly above the confluence of three rivers that once...
...Bombardier FY, British American Tobacco FY, Compass Group Q1 update, Crédit Agricole FY, Credit Suisse Q4, Deutsche Börse Q4, Enel FY, Equifax Q4, Expedia Q4, Kellogg Q4, L’Oréal FY, Mediobanca H1, Nippon Steel...
...Coking coal, which is used to make steel, has surged almost 350 per cent over the past year, according to S&P Global Platts....
...Amid last summer’s heatwave, the rocks beneath the building collapsed and it tumbled hundreds of metres to leave a mess of shattered wooden beams and bent steel struts on the ice far below....
...Equally striking is a rammed-earth, steel, glass and stone home for sale in nearby Scottsdale, which offers three bedrooms within 7,412sq ft, designed around a central courtyard, and is listed for $8.995mn...
...Two hours later, Cortez was on her way to join her older brother in Arizona. She hated Arizona. “I was coming from the tropics. I ended up in a place that was red like Mars....
...Credit Suisse divides the $2.7bn it still has to recover into four buckets: $1.3bn owed by GFG Alliance, the group of businesses run by UK steel magnate Sanjeev Gupta; $690mn owed by Bluestone Resources,...
...In nickel, Tsingshan Holding Group, the Chinese company that has blazed a trail across the stainless steel industry, has converted a form of the metal used in stainless steel production to one suitable for...
...She is typical of the kind of profile that trading platforms such as Robinhood and ETrade in the US, or CMC Markets in London, are trying to cultivate....
...Amenities include a stainless-steel kitchen and butler's pantry, a wine cellar, media room and library, plus pool and fitness room. A golf course is nearby....
...US Supreme Court upholds Arizona voting laws In a 6-3 decision, Supreme Court justices upheld two Arizona voting laws that opponents said discriminated against racial minorities....
...Finally, Nikkei Asia takes a look into what brought Taiwan Semiconductor Manufacturing Co, the world’s biggest chipmaker, to Arizona, where it broke ground on a $12bn facility this week. ($, Nikkei)...
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