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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
...It launched investment banking in the city-state in 2010 and brought in more product lines, including asset and wealth management, during the pandemic....
March 18, 2024
FT Live
Investing in Piauí – Brazil
Exploring business opportunities and delivering sustainable growth
Friday, 17 May22 Vanderbilt, Madison Avenue, New York, NY, USA
Investments
Directors’ deals: Breedon chair buys into US push
...Analysts are pencilling in top-line revenue growth of 16 per cent for 2024 as the company responds by protecting its margins. So, the mood music has been undeniably upbeat....
April 12, 2024
Investments
Investors’ Chronicle: Hill & Smith, Synthomer, Persimmon
...Investors like to hear a bullish story from companies, too....
March 15, 2024
News in-depthNikkei Asia
Malaysia revives ‘ambitious’ high-speed rail plan amid hurdles
...The $7bn line was built by a consortium of Indonesian and Chinese state-owned companies, with government support for land acquisition....
March 13, 2024
Special ReportFuture of AI
AI is accelerating the energy transition, say industry leaders
...Energy companies could, for example, use drones and computer vision systems for manually inspecting transmission lines and pipes....
March 26, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Climate change
World coal capacity growth jeopardises peak emissions forecasts
...Latin American countries have not had new coal power plant construction starts since 2016 and for countries in the OECD, Europe, or the Middle East, no construction has started in the past five years....
April 11, 2024
LexUK housebuilding
Barratt and Redrow’s deal will do little to help UK housing Premium content
...Deal terms valued the smaller company’s equity at £2.5bn. That quickly dropped to £2.3bn after a sharp fall in Barratt shares....
February 7, 2024
LexHolcim Group
Holcim US spin-off attempts to lay foundation for boosting valuation Premium content
...Holcim thinks its standout US business, now currently 40 per cent of group sales, can command a higher valuation in line with American peers....
January 29, 2024
Global InsightLeo Lewis
Japan’s super train needs democratic force
...But for some years now JR Central, the company that operates the existing shinkansen line between Tokyo and Osaka, has been looking to best itself with a ¥9tn ($60bn), 500km/h magnetically levitating train...
April 9, 2024
FT CollectionsWar in Ukraine: military strategies
Military briefing: Ukraine digs deep as Russians advance
...“Where is the second line of defence?”...
March 28, 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
Santos Ltd
Australian court allows Santos pipeline to proceed after dismissing Tiwi Islanders’ case
...Santos said in a statement that it welcomed the ruling and would continue pipe laying in accordance with its environmental plan....
January 15, 2024
Cyber warfare
Russia is trying to sabotage European railways, warns Prague
...Kupka said the Czech Republic, which is planning the construction of a high-speed rail line that would link Berlin, Prague and Vienna in four hours, is also putting in place limits on the ability of foreign...
April 5, 2024
#techAsia
Nvidia goes big and US chip projects stutter Premium content
...The delays in construction for these facilities are attributed to surging costs for building materials and labour, as well as a shortage of construction workers....
March 21, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Maritime accidents and safety
Search suspended for missing people in Baltimore bridge collapse
...Port of Baltimore for the time being,” the shipping line said....
March 27, 2024
News in-depthHolcim Group
New Holcim boss faces long road to decarbonisation
...Last year the cement group launched what it said was Europe’s first production line of “calcined clay” for use in cement....
February 2, 2024
Industrial metals
Industrial metal prices jump as investors bet on rising China demand
...The metal, which has a wide range of uses including in construction, power lines and electric vehicles, is widely seen as a key barometer of global economic health....
April 11, 2024
Chinese economy
China’s industrial production jumps
...Retail sales added 5.5 per cent, in line with expectations....
March 18, 2024
Global Economy
Housing – probably important
...Despite pretty much everywhere having experienced rising interest rates, a pandemic-induced construction freeze, spiking global construction costs, and weird changes to labour practices like remote working...
April 10, 2024
News updates from February 23: Nvidia market value briefly tops $2tn, Navalny’s mother refuses Russian ultimatum
German business confidence ticks up but outlook for manufacturing still gloomy, says Ifo
...The Ifo Institute said its closely watched business climate index, based on a survey of 9,000 companies, rose 0.3 points to 85.5, in line with the forecasts of economists polled by Reuters....
February 23, 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
Special ReportInvesting in America
From Brooklyn to Albany, the Hudson eyes a commercial revival
...The path towards the state’s ambitious clean energy goals, she acknowledged, “may not have a straight line”....
October 31, 2023
Northvolt AB
Two die in separate accidents at Northvolt gigafactory in Sweden
...Separately, a man in his 60s working for construction company NCC died after an accident involving a crane used to extend Northvolt’s battery factory in Skellefteå, just below the Arctic Circle in Sweden...
December 15, 2023
UK economy
UK economy returns to growth in January
...Construction also performed well with housebuilders having a good month, having been subdued for much of the last year.”...
March 13, 2024

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