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InterviewArtificial intelligence
BCG says AI consulting will supply 20% of revenues this year
...BCG is working with global tech giants and AI companies — from Microsoft and Google to OpenAI and Anthropic — to integrate their technology into company operations and processes....
April 23, 2024
Semiconductors
SK Hynix to build advanced plant in Indiana in boost to US chip self-sufficiency
...“The rising demand for HBM from American customers and the need to work closely with chip designers have made the construction of advanced packaging factories in the US a must,” said a person close to SK...
February 1, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Orascom Construction Industries NV
Egypt’s richest man Nassef Sawiris considers breaking up his empire
...The businessman is the youngest son of the late Onsi Sawiris, who founded a construction company in the 1950s and built it over decades into a large multinational corporation now called Orascom Construction...
February 14, 2024
UK economy
Rise in civil engineering activity boosts UK construction sector
...“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...
April 5, 2024
News updates from March 7: Sweden joins Nato; Powell says Fed ‘not far’ from having confidence to cut rates
Rivian pauses construction of new Georgia factory
...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....
March 7, 2024
News updates from March 8: US adds 275,000 jobs in February; Bitcoin and gold touch new highs
Rivian pauses construction of new Georgia factory
...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....
March 7, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Lex PopuliInvestments
If you like a company, should you buy its shares?
...Some companies throw in perks. Customer shareholders benefit from discounts at a plethora of retailers and storage outfits among others....
April 19, 2024
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...And for all of the histrionics of Musk, there is not even a hint that other big public companies are set to abscond to Texas, Nevada or any other state....
April 23, 2024
Construction sector
UK construction activity stabilises on back of falling inflation
...Commercial construction activity declined in February, with contractors citing client hesitancy and constrained budgets....
March 6, 2024
News updates from February 6: US court denies Trump presidential immunity, Boeing jet in Alaska Airlines blowout was missing bolts
UK construction sector optimism hits two-year high
...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...
February 6, 2024
Chinese business & finance
Chinese state-owned bank seeks liquidation of property developer Shimao
...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...
April 8, 2024
Industrial metals
Norsk Hydro warns of construction demand slump similar to pandemic
...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...
February 20, 2024
Travel & leisure industry
International hotel chains step up plans to expand in Europe
...“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...
April 21, 2024
News in-depthNikkei Asia
Malaysia revives ‘ambitious’ high-speed rail plan amid hurdles
...During the initial review of the private-sector proposals, the Chinese consortium consisting of China Railway Construction, China Communications Construction and the Export-Import Bank of China, was seen...
March 13, 2024
UK infrastructure
Teesworks authority loses access rights case against Brookfield-owned port
...Teesworks Ltd, which is 90 per cent owned by local developers and 10 per cent by the STDC, said it welcomed the judgment....
February 5, 2024
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
News updates from January 5: US jobs market strengthens in December, Chinese shadow bank Zhongzhi files for bankruptcy
UK construction downturn eased in December, survey finds
...But he said “expectations of falling interest rates during the months ahead” appeared to have supported confidence at construction companies....
January 5, 2024
Apple Inc
Apple removes WhatsApp and Threads from China store under pressure from Beijing
...The filing requires developers to set up a local company or use a local publisher and host the back end of the app in China, said Bishop, who predicted that most companies would end up operating a second...
April 19, 2024
Synopsys Inc
Synopsys to buy Ansys in $35bn design software deal
...Ansys, which has headquarters in Pennsylvania and has its origins in structural analysis tools, makes engineering simulation software used in industries from automotive and construction to healthcare and...
January 16, 2024
Due Diligence
The billionaire, TikTok and Trump Premium content
...The group of senior class A and subordinate class B bonds are securitised at the operating companies....
April 24, 2024
TikTok Inc
China hits out at US push to ban TikTok as Steven Mnuchin plots bid
..., construction and entertainment....
March 14, 2024
German economy
German factory production expands at fastest rate for a year
...German industry has rebounded more strongly than expected at the start of this year after factory production grew at the fastest rate for a year in February, thanks to strong growth in construction and carmaking...
April 8, 2024
Gillian Tett
Companies must rethink how they handle cyber risk
...for the company)....
April 18, 2024
Tesla Inc
Tesla forced back to drawing board over German expansion plans
...They say local authorities granted Tesla too many exemptions from German planning law in their push to secure the landmark investment and complain that since the plant’s construction it has had a detrimental...
February 22, 2024
LexElectric vehicles
Slumping EV sales should not ring alarm bells in Europe — yet Premium content
...One school of thought is that EV sales growth in Europe has, thus far, been from wealthy early adopters and corporate buyers....
April 23, 2024
LexTesla Inc
Robotaxis are not the solution to Tesla’s problems Premium content
...Look at the company’s spending decisions and it seems as if everything is targeted towards addressing the 13 per cent drop in automotive revenues....
April 23, 2024

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