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...Construction of its Japan fab is going much more smoothly than in the US....
US hedge fund claims DPK reneged on agreement to buy assets of London project together
...The building, part of British Land’s joint venture with Singapore’s GIC at Broadgate, is under construction and due to be completed in 2027....
...That compares with combined orders of more than 700,000 last year in Phoenix, San Francisco and Los Angeles, according to Waymo, the self-driving car developer of Google’s parent company Alphabet....
...That move is part of a broader shake-up, with the company intending to move most staff into its £1bn office in King’s Cross which is under construction....
...Cruise vehicles had also been operating in the US cities of Austin, Phoenix and Houston....
...Driverless cars are being tested in a handful of other US cities and Alphabet’s Waymo has a commercial service in part of Phoenix and surrounding suburbs....
...Smart reads Debt demolition Commercial real estate lending has fallen to dangerously low levels, threatening a rise in defaults on expiring debt and a near freeze in new construction, The Wall Street Journal...
...“You make a brain, but you have to train that brain for six months to drive in Phoenix, and train that brain for two years to drive in Columbus, Ohio....
...The move has resulted in a shortage of construction workers and is expected to slow development of new homes....
...Through it all, the money has flowed, the cribbing has been maintained, and the service on its ancient debt has held fast....
...This niche software company provides billing services to the world’s telecoms sector. I first bought into Cerillion — originally a buyout from Logica in 2016 at 84p....
...With investors eyeing double-digit rent growth in 2020-21, capital poured into metros like Miami, Austin and Phoenix, leading to huge construction booms. The hangover is here....
...Shares rose 10 per cent yesterday after its debut, leaving the delivery service with an $11bn market cap. Not bad....
...It established a legal framework, adopting international procurement and construction contract methods and a new construction dispute resolution process....
...Blame a decade of under-construction and high rates locking people into low-rate mortgages....
...In this exclusive report, Nikkei Asia’s Cheng Ting-Fang and Lauly Li describe how construction of the company’s semiconductor factory in Phoenix, Arizona, is falling behind schedule, owing to a combination...
...It basically looks like a massive near-$28bn bet on a grimy future where sanitation will be the in-demand service. Mad Max, but with even more garbage....
...Choudary cites Autodesk, which produces AutoCAD, the market leader in construction design software....
Private equity group snapped up $1.1bn of assets as it took advantage of crisis triggered by government’s mini-Budget
...Uber claimed that it would soon do away with human drivers while Waymo and Lyft were launching robotaxi schemes in Phoenix and Las Vegas....
...For Ferrovial, the disposal of Amey is part of its so-called Horizon 24 plan, which seeks to prioritise infrastructure development, construction and management alongside its water business and those areas...
...Waymo, which also has permission to operate robotaxis in San Francisco, started its autonomous taxi service in the suburbs of Phoenix....
...Narjus and her team upgraded the mansion to high ecological standards, with new insulation and 21st-century services....
...The Google sister company raised $3.2bn, signed deals with several partners and launched the world’s first truly driverless taxi service in Phoenix, Arizona....
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