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...Odey, 65, has been put forward for membership, which is only accessible by nomination, by Alexander Phillips, a financier. Phillips did not respond to requests for comment....
...Phillip Chambers, co-founder of employee engagement platform Peakon, will become Orbex chief executive, while the former director-general of the Spanish Space Agency, Miguel Belló Mora, has been named as...
...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...
...Elliott Investment Management has invested $1bn in Phillips 66 and is seeking two seats on its board in a bid to remedy the energy company’s “underperformance”....
...at the research company Capital Economics....
...The US oil refiner Phillips 66 has become the latest target of Elliott Management after the activist investor took a $1bn stake and called for new blood on the company’s board to remedy “underperformance...
...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....
...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....
...Matthew Pointon, senior property economist at the research company Capital Economics, said commercial construction had “been contracting since September last year as developers wait for the outlook to stabilise...
...Glen Point Capital stopped trading in February last year, according to company filings....
...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...
...What’s gonna be different, Phillip? Phillip Ross The office becoming more like a members’ club....
...a mainland Chinese real estate company....
...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...
...Mark Hoplamazian, chief executive of US hospitality group Hyatt, said building new hotels had become harder due to “very tough” markets for raising capital, causing the company to turn instead to converting...
...But he said “expectations of falling interest rates during the months ahead” appeared to have supported confidence at construction companies....
...February’s figure was bolstered by growth of 7.9 per cent in the construction sector, reflecting unseasonably dry weather....
...Construction materials group Breedon has had an eventful 12 months....
...Economists expect the weakness in the construction sector to continue as interest rates remain elevated....
...A survey by the German Chamber of Commerce and Industry (DIHK) in November found that just over half of the country’s construction companies were struggling to fill vacancies....
...Hybrid working is an entrenched part of most office workers’ lives – but at some companies, that could be changing....
...Construction on the first leg began in 2020 but more than half of its allocated budget — £40bn to £45bn in 2019 prices — has already been spent even though it is just three years into construction and not...
...Todd Phillips is principal of Phillips Policy Consulting, and a fellow with the Roosevelt Institute. The crypto industry got a rare win last week after a shocking ruling from a New York federal judge....
...The company expects to build 7,500 homes in the 12 months to July, down from almost 11,000 in the same period a year ago. Shares were broadly flat in morning trading on Tuesday....
...Other earnings: Payments group Mastercard, chipmaker Qualcomm and petrol refiner Phillips 66 will also report their latest quarterly earnings....
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