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Jeffrey S Merrifield
Climate change is warming public opinion to nuclear power
...After much time and effort, Vogtle Unit 3, owned by Southern Company affiliate Georgia Power, recently came online — the first to be ordered and completed in the US since 1986 — and Unit 4 is due soon....
March 21, 2024
Indian election
India’s ‘Lottery King’ emerges as crucial political donor
...Several of the largest donors consisted of companies operating in heavily regulated sectors such as construction and mining....
March 15, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Data PointsJohn Burn-Murdoch
What Texas can teach San Francisco and London about building houses
...In both cities, construction has soared and prices stayed much lower than elsewhere....
February 23, 2024
War in Ukraine
Ukraine urges India to rethink ‘Soviet legacy’ of Russia ties
...“After the war Ukraine will probably become the largest construction site in the world, and Indian companies are welcome to participate in the recovery,” Kuleba said....
March 29, 2024
Indian election
India fires starting gun for election campaigning in world’s largest democracy
...The data showed the BJP was by far the biggest beneficiary of the scheme and companies operating in heavily regulated sectors such as lotteries, construction and mining were among the biggest donors, lending...
March 16, 2024
John Wood Group PLC
It’s probably Britain’s fault when stocks fall, even when it’s not
...Engineering, procurement and construction companies tend to trade at about 5 times ebitda because there’s always a risk that a big lump-sum turnkey contract can turn bad....
April 16, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Pensions industry
Infrastructure chief hits out at push for UK pension funds to invest more in Britain
...However, pension funds and other investors prefer to invest in assets that are already built or come with substantial government guarantees that minimise construction risks....
March 15, 2024
Construction sector
UK construction activity contracts for third month in a row
...John Glen, chief economist at the Chartered Institute of Procurement and Supply, a professional body which helps to compile the survey, said that “inflated borrowing costs and falling demand have conspired...
December 6, 2023
Thames Water
Thames Water customers will have paid £540mn for London’s ‘Super Sewer’
...Directors include Ruby McGregor-Smith, the former CEO of government contractor Mitie, and John Holland-Kaye, former chief executive of Heathrow airport....
April 26, 2024
Q&AUK tax
Will software ease the pain of filing tax returns?
...“We’ve built a product for the forgotten majority, like sole traders, landlords, employees and construction workers.”...
February 9, 2024
Leo Lewis
Japan is helping America’s youth leave home
...crisis and represents an entire year’s worth of new construction at the current pace....
January 25, 2024
Solar power
Solar company Sunnova warns of looming energy crisis
...On Thursday, Sunnova priced $244mn of solar notes, its first with the DoE’s partial guarantees....
October 23, 2023
Corporate bonds
Companies rush to issue bonds to forestall US election volatility
...Construction groups including Caterpillar’s financial services arm have come to the market too, with some companies tapping lenders multiple times already in the first three months of 2024....
March 31, 2024
Insurance
Lloyd’s of London chief calls for quick insurance payouts on Baltimore bridge
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
March 28, 2024
UK housebuilding
Steep falls in housebuilding drive contraction in UK construction
...John Glen, Cips chief economist, said: “High interest rates and low consumer demand for new homes continue to drag down the UK construction sector, with a lack of new tender opportunities and a cutback of...
November 6, 2023
FT Live
Accelerating the Energy Transition in Asia
Industrial strategies and policy drivers for sustainability
Tuesday, 30 JulyMandala Club, 31 Bukit Pasoh Rd, Singapore 089845
John Thornhill
Germany should go big on nuclear fusion energy
...Similarly, Proxima, the first company to spin out of the prestigious Max Planck Institute for Plasma Physics in 60 years, says it would need €500mn to finance the construction of a demonstration fusion plant...
January 18, 2024
UK social housing
Spending on UK social housing will ‘save taxpayers money’, study finds
...England lost 11,700 social homes last year as sales and demolitions outpaced construction....
February 27, 2024
Nuclear energy
West is ‘too optimistic’ on nuclear projects, warns engineering chief
...French President Emmanuel Macron, US climate envoy John Podesta and European Commission president Ursula von der Leyen will attend the summit....
March 20, 2024
John Lee
Take NatWest shares into Britain’s classrooms
...An earlier version of this article incorrectly referred to construction company Carillion. Lord Lee of Trafford is an active private investor and a shareholder in all the companies indicated...
November 29, 2023
Jonathan Moules
Just like a business, an allotment needs good partnerships
...Light construction skills are not something I possess....
March 8, 2024
Energy sector
EQT to create $35bn integrated gas group with deal for pipeline business
...Construction of the pipeline has been delayed for years due to legal challenges from environmentalists and landowners, but EQT chief executive Toby Rice on Monday talked up its potential to meet an expected...
March 11, 2024
ReviewBusiness books
Business books: what to read this month
...But project delays, labour shortages and high construction costs are early signs that this manufacturing resurgence won’t be painless or accomplished overnight....
January 30, 2024
Due Diligence
DD sits down with Egypt’s richest man Premium content
...Sawiris’s father Onsi started a construction business in Egypt in the 1950s and built it over decades into a large multinational corporation now called Orascom Construction....
February 15, 2024
Apple Inc
Apple moves towards India-made iPhone batteries in push away from China
...TDK said that “it has begun construction of a plant in India for part of the battery production” and has plans to begin in 2025....
December 6, 2023
Indian politics & policy
In charts: how India has changed under Narendra Modi
...“This is something that this government has done very well — lots of road and rail network construction,” said Rajan at the University of Chicago....
January 9, 2024

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