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...Delinquent project financing loans as of June 2023 stood at less than Won3tn — just 2.2 per cent of total project financing loans or 0.1 per cent of the country’s gross domestic product, according to Goldman...
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...Cancelled building projects and financial distress among landlords and builders in Germany have hit their highest levels since reunification three decades ago, intensifying the construction crisis in the...
...Known as “Project Titan”, Apple’s electric vehicle project was an example of its attempts to diversify beyond its hit product, the iPhone, which still makes up about half of its global sales....
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Shares of start-up slide after reporting a $5.4bn annual loss and 10% cut to salaried payroll
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...“They are like lemmings when it comes to this stuff,” said Bill McGee, a senior fellow for aviation and travel at the American Economic Liberties Project, an anti-monopoly think-tank....
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...A version of this article was first published by Nikkei Asia on April 4 2024. ©2024 Nikkei Inc. All rights reserved....
...Today’s top stories The UK failed to attract offshore wind developers to its latest round of contracts for new projects, in a blow to the country’s decarbonisation plans....
...Sekisui, which also owns builders Woodside Homes, Holt Homes and Chesmar Homes, said it would become the fifth-biggest US home builder....
...Having a buffer of sites that already have planning permission is, for builders, a rational way to prevent staff and equipment from being idle when there is limited clarity on whether or when other permits...
...later this year — by, for instance, pushing back the deadline for the phasing out of gas boilers — has confined government efforts to a muted public information campaign, policy tweaks and funding for projects...
...The stock response to the teeth-sucking builder who, mid-project, suggests that although you have an agreed plan, they just found something else that needs to be done....
...Share prices plummeted; companies cancelled or froze projects in the basin. Harbour Energy, one of the UK’s top producers, responded by diversifying overseas....
...“Bottom line: supply is short, demand is returning to affordable offerings, and builders will need to produce more homes to fill the void,” Lennar executive chair Stuart Miller said on the Miami-based builder...
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