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US Inflation Reduction Act
Georgia governor says Biden subsidies are hurting state’s booming economy
...FT analysis shows Georgia has also topped the list of states for cleantech investment since then....
February 18, 2024
Chinese business & finance
Chinese state-owned bank seeks liquidation of property developer Shimao
...China Construction Bank has filed a winding-up petition in Hong Kong against property developer Shimao in a rare case of a major state-owned financial institution initiating offshore legal action against...
April 8, 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
News updates from March 12: US inflation rises to 3.2%; White House warns Israel against ‘smashing into Rafah’
China hits out at India over Himalayan border area tunnel
...China has lashed out at India over the construction of a tunnel in Arunachal Pradesh state, an area Beijing claims as part of its territory ....
March 12, 2024
News in-depthNikkei Asia
Malaysia revives ‘ambitious’ high-speed rail plan amid hurdles
...MyHSR is also discussing an option to extend the line from Kuala Lumpur only to the southern state of Johor if Singapore decides not to participate....
March 13, 2024
News updates from April 2: Biden speaks with Xi, Fed’s Mester raises long-term rate outlook
China’s Vanke shares drop after announcing halving of profits
...The cash crunch emerged with the failure of China Evergrande in 2021 and has since weighed heavily on construction and confidence in the housing market....
April 2, 2024
Israel-Hamas war
US warns Israel over southern Gaza offensive
...this week, according to a senior state department official....
November 28, 2023
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
US economy
This battleground election state is booming. Biden is not getting the credit
...Biden’s sweeping climate legislation has spurred a cleantech construction boom that will create jobs — and win votes — across the state, they argue....
March 19, 2024
News updates from April 8: Millions watch solar eclipse; Elon Musk predicts AI will overtake human intelligence in 2025
Chinese state bank files petition to wind up private developer
...Chinese property group Shimao faces a winding-up petition from one of China’s largest state-run banks, the developer said in a disclosure to the Hong Kong stock exchange on Monday....
April 8, 2024
The FT ViewThe editorial board
Southern Europe’s growth spurt needs to be built upon
...Italy’s growth has also been supported by a loose fiscal stance, particularly a costly tax incentive which has boosted construction. Last year, its budget deficit was 7.2 per cent of GDP....
April 4, 2024
Maritime accidents and safety
Search suspended for missing people in Baltimore bridge collapse
...The remaining six people were believed to be construction workers carrying out pothole repair work at the time of the collapse....
March 27, 2024
European house prices
European house prices fall for first time in a decade
...Amaro said “supply dynamics” could help to explain the outperformance of some country’s housing markets, particularly in southern Europe “where new construction has been weak”....
April 4, 2024
News in-depthEurozone economy
Southern growth spurt creates two-speed eurozone economy
...Kenningham said nearly all of Italy’s growth since 2019 stemmed from the costly “superbonus” tax incentives that boosted private construction, but the scaling back of the scheme made such expansion “unsustainable...
April 3, 2024
Semiconductors
Samsung boosts Biden’s chipmaking ambitions with Texas plant upgrade
...“We are now making these investments which will allow the United States to once again lead the world, not just in semiconductor design . . . but also in manufacturing, advanced packaging and research and...
April 15, 2024
Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...The lawyers are members of the Delaware state bar association that customarily makes such proposals to update the state’s corporate law....
April 23, 2024
Insurance
Lloyd’s of London chief calls for quick insurance payouts on Baltimore bridge
...The US government has said insurance payouts should “ultimately” contribute to the construction costs, but it does not want financing concerns to delay the rebuilding effort....
March 28, 2024
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
The FT ViewThe editorial board
The dire situation on America’s southern border
...Border agents and facilities are overwhelmed; many US states are struggling to deal with inflows. Immigration has become a central issue in November’s presidential election....
April 24, 2024
Chinese economy
China’s industrial production jumps
...This month China Vanke, partly owned by the state-owned metro in the southern tech hub of Shenzhen, became the latest developer to face consumer and market scrutiny amid concerns over its sales and the viability...
March 18, 2024
Peru
China megaport builder hits back as Peru moves to scrap exclusivity deal
...“They are on the 20-yard line to our homeland,” General Laura Richardson, commander of US Southern Command, said in August....
March 26, 2024
How To Spend It In...
Louis Sarkozy’s guide to Washington DC
The author on the antiques, architecture and history of his adopted home
April 24, 2024
ExplainerMaritime accidents and safety
The Baltimore bridge disaster: what happened and who will pay?
...Wes Moore, the governor of the state of Maryland, has declared a state of emergency after the elevated roadway’s disintegration into the Patapsco river....
March 27, 2024
Europe Express
Balkan clouds over EU enlargement Premium content
...If approved by the council’s member states, this would mark a significant step towards the wider international recognition of Kosovo that Serbia and other states, notably Russia, oppose....
April 20, 2024
Kim Ghattas
Unease about Iran is bringing Arab states closer together
...So far, Netanyahu has chosen to forgo the jackpot of ties with the Saudis rather than contemplate a Palestinian state and risk his political survival....
April 19, 2024
Investments
Directors’ deals: Breedon chair buys into US push
...It provides an entry point into a US construction sector that stands to benefit from federal and state infrastructure investment programmes, such as the $1.2tn Infrastructure Investment and Jobs Act....
April 12, 2024
LexBanks
More Chinese banks need to take a hard stance on easy loans Premium content
...That can no longer be taken for granted with state-owned China Construction Bank (CCB) taking rare legal action against the troubled mainland developer Shimao Group....
April 8, 2024
EU enlargement
Montenegro pushes for EU membership by 2028
...Since then the process has slowed to a crawl as member states expressed concern about candidate countries grappling with crime and corruption....
February 28, 2024

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