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...same size as the combined Japanese, Canadian and UK equity markets....
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...Last year, Toggle raised a combined $1.5mn investment from Tokyu Construction and Takemura, another Japanese construction group....
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...But it’s also central to the group’s ability to attract new investors ahead of a possible listing of further shares on the Saudi stock market....
...Based on current performance, the combined group would build about 22,000 homes a year, although some (including the Lex column) are sceptical....
...This follows strong results from US supermajors ExxonMobil and Chevron, which reported combined profits worth $57bn on Friday....
...Softening the debt brake to allow borrowing to fund public investment would be a start....
...“We make lending decisions based on whether borrowers can repay the loan rather than how low our cost of funds can be,” said an executive at China Construction Bank, one of the country’s largest banks....
...The fly in the ointment is that neither the defence industry nor EU member states like the idea of Brussels playing a more direct role in supporting the European arms industry....
...A week later, Putin claimed Russia’s 2023 growth was “founded foremost on domestic consumer and investment demand”, which he said included record spending on construction as well as industry, agriculture...
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...But the central Chinese city might now be on the cusp of global recognition for a different reason: boasting the world’s biggest fleet of cars that drive themselves....
...Analysis: Toyota’s championing of the hybrid model of electric vehicle development looks prescient, say industry insiders....
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...These shifts in the industry are compounding the company’s own struggles, including the reputational fallout from its entanglement with disgraced star fund manager Neil Woodford that continues to haunt it...
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...Soaring borrowing costs, following an unprecedented rise in the European Central Bank’s policy rates in the past year, have suppressed demand for new mortgages, reduced house prices and combined with higher...
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...by the Environmental Defense Fund....
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