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InterviewEnergy sector
Russia’s planned gas pipeline to China hit by construction delay
...“We always stand for a co-operation between other countries,” said Oyun-Erdene, who made official visits to both Beijing and Washington in 2023....
January 28, 2024
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
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
Investor activism
Activist shareholders target Samsung to unlock value
...The company, whose operations span construction and retail and through which the conglomerate’s ruling Lee family controls tech giant Samsung Electronics, trades at more than 65 per cent below its net asset...
February 2, 2024
BYD Co Ltd
China’s BYD set to announce Hungarian electric vehicle factory
...BYD’s expected site at Szeged is close to the Belgrade-Budapest railway line that is under construction by a mixture of Chinese and local firms....
December 21, 2023
The Big Read
TSMC in the US: can Taiwan’s chip giant overcome a culture clash?
...Construction of its Japan fab is going much more smoothly than in the US....
October 5, 2023
Food & Drink
Cheesy bourekas — a Honey & Co recipe
...town make us think of a trip to Japan a few years ago around this time, seeing cherry and plum trees flowering in cotton-candy colours and what felt like the entire population — young, surly students, construction...
April 10, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Global InsightLeo Lewis
Japan’s super train needs democratic force
...But Kawakatsu, a former economist at one of Japan’s top universities, has blocked construction for about a decade on environmental grounds....
April 9, 2024
Peru
China megaport builder hits back as Peru moves to scrap exclusivity deal
...The exclusivity had been a “relevant factor” in the company’s decision to spend $1.3bn on the construction of its first phase, it said....
March 26, 2024
#techAsia
Nvidia goes big and US chip projects stutter Premium content
...Desert strains While chip demand from the AI boom continues to grow, at least five suppliers to Taiwan Semiconductor Manufacturing Co and Intel have delayed the construction of facilities in Arizona, where...
March 21, 2024
UK property taxation
Treasury urged to reverse end of stamp-duty relief for multiple dwellings
...“The abolition . . . will result in fewer new homes being built and a drop in both domestic and overseas investment into UK housing delivery,” the BPF said in the letter to Hunt, which was co-signed by several...
April 14, 2024
Bellway PLC
Bellway chief says housing market ‘on the road to recovery’
...Bellway said on Tuesday that it would “continue to engage positively and co-operate fully” with the probe. Like other developers, Bellway has increased the use of incentives to support sales....
March 26, 2024
Israel-Hamas war
Egypt begins building walled enclosure close to Gaza border
...Analysts say the construction was likely a contingency measure in case Palestinians began streaming over the border to flee Israeli forces....
February 16, 2024
Geopolitics
Xi and Putin reject US ‘interference’ and pledge closer industrial co-operation
...The two countries have yet to agree to begin construction on the long-delayed Power of Siberia 2 pipeline, which aims to replace the revenues Russia made from gas exports to Europe before the war....
February 8, 2024
China Vanke Co Ltd
China’s Vanke vows to cut debt by $14bn as property woes mount
...The struggles of both companies, once seen as among the most trusted real estate developers in China, highlights the impact of a two-and-a-half-year cash crunch that has weighed on construction and the wider...
March 29, 2024
Compagnie de Saint Gobain SA
France’s Saint-Gobain hunts for fresh acquisitions as part of sustainability push
...Buildings themselves and the energy they consume account for close to 40 per cent of all CO₂ emissions, according to many climate studies, including by the United Nations....
December 10, 2023
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Country Garden Holdings Co Ltd
Country Garden sells Chinese mall stake as developer tackles offshore debt
...The slowdown in construction and transactions that followed has not abated despite supportive efforts from Beijing....
December 14, 2023
Semiconductors
Samsung boosts Biden’s chipmaking ambitions with Texas plant upgrade
...The new capital spending adds a second fab that will also make 2nm and 4nm chips, as well as the construction of an advanced chip packaging facility for “2.5D packaging” of processor and memory chips....
April 15, 2024
Jonathan Moules
Just like a business, an allotment needs good partnerships
...Light construction skills are not something I possess....
March 8, 2024
Letter
Letter: Industry ignores the stark realities of climate change
...The UK government seems to have fallen for this fantasy by announcing the construction of a new generation of gas-fired power plants provided that they are “capture-ready”....
March 27, 2024
Markets InsightMohamed El-Erian
Inverted pyramid of investments needs shoring up
...Unlike the pyramids of Giza, this narrow-base/broad-top construction is unstable....
April 8, 2024
China Vanke Co Ltd
Chinese developer Vanke in spotlight after Moody’s downgrade
...China’s property sector, which typically accounts for more than a quarter of economic activity, has struggled for more than two years with construction delays and developer funding woes after a government...
March 12, 2024
Trafigura
Trafigura bribery details laid out in $127mn guilty plea agreement
...Company executives were paid bribes for handing out contracts in a conspiracy that involved a construction cartel. Its revelation led to the imprisonment of dozens of politicians and businessmen....
March 28, 2024
News updates from February 16: Russian opposition leader Alexei Navalny dies, Trump ordered to pay more than $350mn in New York fraud case
What to watch in North America today
...Housing: Construction of new homes in the US is projected to have held steady in January at an annualised rate of 1.46mn, unchanged from December....
February 16, 2024
UnhedgedRobert Armstrong
How dominant is fiscal dominance? Premium content
...Ben Russon, co-head of UK equities at Martin Currie, wrote to make the case for Barclays....
April 1, 2024
News in-depthHolcim Group
New Holcim boss faces long road to decarbonisation
...“We are working on decarbonising Holcim, the construction industry, making our cities more sustainable and we are also driving circular construction,” he said last month at the World Economic Forum in Davos...
February 2, 2024

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