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News in-depthIreland
Ireland’s new PM pledges to fix housing crisis as elections loom
...Harris told his party conference on Saturday he would fix the problem by building 250,000 homes within five years — much higher than the government’s current target of building an average of 33,000 homes...
April 8, 2024
News in-depthUK infrastructure
Cambridge innovation hub at risk from lack of infrastructure, warn businesses
...“[The] development corporation will receive a long-term funding settlement at the next Spending Review, helping us to unleash the city’s economic potential including building new homes, increasing the amount...
March 30, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
China International Capital Corp Ltd
Investment bank CICC wants to be ‘bridge’ for Chinese companies in south-east Asia
...China International Capital Corporation says south-east Asia has only seen the “tip of the iceberg” of Chinese companies wanting to explore opportunities in the region, as the state-backed investment bank...
March 18, 2024
Rana Foroohar
America (still) has no industrial policy
...is about accomplishing certain things in the real world, such as rebalancing consumption and production within an economy, reducing inequality and promoting better and more sustainable kinds of growth, building...
March 18, 2024
City of London
Gove pauses City of London plan to demolish old Museum of London
...buildings that operate more efficiently....
April 17, 2024
FT MagazineJancis Robinson
Napa Valley is California’s wine barometer, an expensive one
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
April 20, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Commercial property
Big developer launches $1bn fund to buy distressed New York offices
...“No one really wants to expose either that they have loans they have concerns about or buildings that can’t fund [improvements] because then tenants stop coming to look at the buildings,” said Rechler....
January 20, 2024
City of London
City of London promises flexibility in drive to entice big companies
...corporation’s approach to planning, reducing developments’ environmental impact....
February 15, 2024
German economy
German companies’ dependence on China will last decades, warns Siemens
...“Global value chains have been building up over the last 50 years. How naive do you need to be to believe that this can be changed within six or 12 months?”...
April 14, 2024
Lloyd's of London Ltd
Lloyd’s of London to stay in landmark building until at least 2035
...The corporation that runs the market will be redesigning other spaces within the building to “support our market’s collaboration and innovation”, Carnegie-Brown said....
December 16, 2023
US banks
FDIC ponders tighter checks on big ‘passive’ investors in US banks
...The US Federal Deposit Insurance Corporation is working on proposals aimed at ensuring asset managers do not seek too much influence over the banks in which they hold large stakes....
April 22, 2024
FT SeriesBritain’s infrastructure impasse
Gove’s plan for thousands of Cambridge homes at risk from lack of water
...“They are revisiting work that has already been done; revising yet again transport schemes that have been approved to allow the current level of building,” she said....
January 27, 2024
Holcim Group
Switzerland’s Holcim plans to spin off US cement business
...It agreed to buy Firestone Building Products from Japan’s Bridgestone Corporation for $3.4bn in 2021. The company had a “pipeline of acquisition projects” in the US, Jenisch told the FT....
January 28, 2024
Paolo Gentiloni
2024 will herald the end of a race to the bottom in corporate tax rates
...This includes assisting developing countries in their implementation efforts with technical, financial, and capacity-building support....
December 28, 2023
Nuclear energy
Bill Gates’ TerraPower plans to build first US next-generation nuclear plant
...TerraPower, which has raised almost $1bn in private funding, signed an agreement with Emirates Nuclear Energy Corporation in December to explore using Natrium reactors to generate electricity and produce...
March 19, 2024
FT Live
Global Banking Summit
The world's top gathering of leaders in finance
Tuesday, 3 DecemberLondon, UK
Frieze LA 2024
LA galleries are making Melrose Hill the new art hotspot
...It can be so deflating when areas get overtaken by corporations and can turn into something akin to a shopping mall.”...
February 24, 2024
The FT ViewThe editorial board
Britain’s corporation tax system needs a long-term fix
...Expenditure on assets including buildings and green structures such as wind turbines should also be included....
August 13, 2023
New York Community Bank
Number of weak US banks jumps as NYCB stabilised on $1bn capital raise
...The Federal Deposit Insurance Corporation on Thursday said the number of weak US banks had risen by eight to 52 in the final three months of 2023, the biggest jump since the demise of SVB....
March 8, 2024
ReviewTheatre
Corruption, Lincoln Center — energetic drama lifts the lid on the UK’s phone-hacking scandal
...Building off Watson and Martin Hickman’s book Dial M for Murdoch: News Corporation and the Corruption of Britain, the Lincoln Center production re-teams Rogers with Bartlett Sher, who directed his Tony award-winner...
March 13, 2024
OpenAI
Musk sues OpenAI and Altman for breach of contract
...The filing adds that OpenAI is also building another model, Q*, that will be even more powerful and capable than GPT4....
March 1, 2024
Investor activism
Elliott Management named in suit blasting ‘sweetheart’ activist deal
...Elliott had first become involved at Crown Castle in 2020, arguing that the company, whose market capitalisation at the time was $70bn, had wasted too much capital in building out a fibre internet offering...
February 28, 2024
New York Community Bancorp Inc
NYCB to raise $1bn in deal led by Steven Mnuchin’s investment firm
...It has raised more than $2.5bn and struck a handful of small deals, including building a minority stake in movie studio Lions Gate Entertainment and four cyber security companies....
March 6, 2024
ReviewFilm
Amazon workers come together in Union at Sundance Film Festival — review
...t expect a boosterish celebration, however: Maing and Story’s observational film is a warts-and-all document of scrappy 21st-century labour action in all its uncertainties against a multibillion-dollar corporation...
January 23, 2024
US banks
Bad property debt exceeds reserves at largest US banks
...and Morgan Stanley have fallen from $1.60 to 90 cents for every dollar of commercial real estate debt on which a borrower is at least 30 days late, according to filings to the Federal Deposit Insurance Corporation...
February 20, 2024
News in-depthCommercial property
US office owners face $117bn wall of debt repayments
...Data from the Federal Deposit Insurance Corporation shows it remained at a rate of just 1.5 per cent at the end of the third quarter....
January 1, 2024

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