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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
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
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News in-depthUK infrastructure
Cambridge innovation hub at risk from lack of infrastructure, warn businesses
...Subsequently, the Department for Levelling Up, Housing and Communities announced it was forming a Cambridge “growth company” to give central government a role in tackling development issues....
March 30, 2024
UK infrastructure
Teesworks authority loses access rights case against Brookfield-owned port
...PDT, owned by Canadian asset manager Brookfield, had accused the corporation of seeking to reduce the value of its business through the action, a claim the STDC denied....
February 5, 2024
US banks
US regional banks hope for profit revival as pain from SVB fallout eases
...Part of the reason for the profit drop was last year’s banking turmoil — the Federal Deposit Insurance Corporation imposed a one-time charge on many US banks in order to pay for losses, which the FDIC’s...
January 29, 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
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
City of London
City of London promises flexibility in drive to entice big companies
...Chris Hayward, policy chair at the City of London Corporation, said the authority was “hungry for growth” and would adopt a “flexible” approach in negotiations with developers in an effort to attract companies...
February 15, 2024
Nuclear energy
Bill Gates’ TerraPower plans to build first US next-generation nuclear plant
...Levesque, a former officer on a nuclear submarine, said construction work near the site of a coal power plant, would begin in June regardless of whether the company received a permit from the Nuclear Regulatory...
March 19, 2024
News in-depthMining
US uranium miners resurrected by nuclear revival and Ukraine war
...A handful of exploration companies are searching for new deposits of uranium, which has tripled in price since the start of 2021 because of a resurgence in interest in nuclear energy....
March 10, 2024
News in-depthUS economy
How credit card debt has become a burden for Americans — and Joe Biden
...to show it is clamping down on credit card companies charging excessive fees....
March 20, 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
Chinese politics & policy
Chinese companies revive Mao-era militias
...Chinese dairy giant Yili Group, a private company, established a PAFD late last year, making it the first such unit at a non-SOE in Inner Mongolia, where the company has its headquarters....
February 20, 2024
Special ReportFT Wealth: April
How Asian philanthropists are donating more — but differently
...The nation also boasts a vibrant civil society and has a requirement for large listed corporations to give 2 per cent of their net profits to charitable causes....
April 12, 2024
News in-depthSemiconductors
Taiwan’s chip industry heads overseas amid supply chain shift
...Topco was one of the earliest Asian suppliers to set up an office in the US state of Arizona, where TSMC and Intel are both building advanced factories, but the company has put construction of a planned...
April 10, 2024
Rare earths
The rare earths mine becoming a bellwether for US minerals policy
...The US International Development Finance Corporation (DFC) has invested $105mn into TechMet, a $1bn critical minerals fund, which has pledged $50mn of equity for Rainbow Rare Earths, the company behind the...
April 21, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
US presidential election 2024
Biden’s energy policies are fuelling Trump’s campaign in Pennsylvania
...“I’m pretty tired of constantly worrying that somebody in Washington DC makes a decision that’s going to impact my family in Fayette county,” said Nick Staffieri, a waste management team leader at EQT Corporation...
April 21, 2024
Special ReportFuture of Water
Wave of innovation aims to make desalination sustainable
...Last year, Saudi Arabia’s Saline Water Conversion Corporation launched a $10mn global prize for Innovation in Desalination....
March 22, 2024
The Week Ahead
Super Tuesday and UK Budget, Israel-Hamas war passes milestone
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
March 3, 2024
Russian business & finance
Russia foils western sanctions on natural gas project as shipments near
...Separately, the Harbin city government in December said China State Shipbuilding Corporation, Harbin Guanghan’s parent, sold 20 turbines to a “Russian company”....
February 21, 2024
Inside BusinessNic Fildes
Varroa mite parasites provide lesson for company directors
...Reputational risk could also come into play if a company gets on the wrong side of a natural disaster, causing investors to turn on the company....
December 26, 2023
Energy Source
Brighter skies for US offshore wind Premium content
...Whether the turbines will be US-made is still uncertain: the company last year said it was taking a “wait-and-see” approach for plans to build a US factory because of a lack of market certainty....
March 7, 2024
News in-depthNikkei Asia
Cambodia vexes Vietnam with plan to divert Mekong trade via China-built canal
...While the tycoon is not listed as a director or owner of Kampot Logistics and Port, he stood in the front row at a construction contract-signing ceremony with the company’s Chinese developer last year....
March 21, 2024
Special ReportInvesting in America
Ohio’s rustbelt turns into a magnet for chip fabs
...His view is echoed by Brian Mooney, regional general manager in Columbus for Turner Construction, a building group....
November 7, 2023
InterviewOil & Gas industry
Petrobras plans $100bn in spending to persist through ‘fade-out of oil’
...Petrobras was the locus of a sprawling graft scandal during the previous stint of leftwing rule in Brazil, with kickbacks paid in exchange for overcharged construction contracts....
February 7, 2024
Special ReportBusiness Education: Financial Training
ESG backlash in the US: what implications for corporations and investors?
...BlackRock, the world’s largest asset manager and a backer of ESG, was targeted by Republican state treasurers from Arkansas, Utah, Texas, Florida, Louisiana, Missouri, Arizona, North Carolina and West Virginia...
June 11, 2023

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