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...Meanwhile, hotel investment volumes in the UK last year fell 38 per cent to €2.2bn, contracting nearly 70 per cent from pre-pandemic levels....
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...They also cast doubt on the idea of contracting a Royal Air Force plane to transport asylum seekers, saying it would be “very expensive”....
...The deal by the world’s largest home improvement company values Texas-based SRS at $18.25bn including debt and signals further emphasis on the professional contractor market for Home Depot, as consumers...
...small businesses, and a little under 1.8 per cent (about $10bn) to Latino- or Hispanic-owned companies....
...US lawmakers are seeking to restrict companies with federal funding from contracting with biotech groups deemed to be a threat to national security....
...The Ifo Institute said “companies were less satisfied with their current business [and were] more sceptical about the first half of 2024”....
...Speciality finance lending looks a promising new seam for private credit companies to mine....
...Fulop Illes, the managing director of HunPro, a speciality importer of Hungarian foods which employs 20 people and supplies more than 120 shops in the UK, said that his customs agent had estimated the border...
...Lanxess: Shares in the German speciality chemicals company dipped 7 per cent as the group reported that its earnings before interest, tax, depreciation and amortisation dropped more than 44 per cent to €512mn...
...Germany was the world’s worst-performing major economy last year, with gross domestic product contracting 0.3 per cent and experts warning that it risked becoming the “sick man of Europe”....
...A figure below 50 indicates that the sector is contracting. Demand moderated last month after new orders rebounded in January, while production slowed....
...On that basis, its $18.25bn acquisition of speciality building products supplier SRS Distribution, including debt, offers good news and bad....
...Big share price moves in Europe today include UK vet chain CVS, Swiss energy group BKW, UK housebuilder Persimmon and German speciality chemical manufacturer Wacker Chemie....
...In Japan, for example, shares of food group Ajinomoto, parent of Ajinomoto AGF, which makes instant coffee products, and Ito En, the Japanese drinks company that operates speciality coffee shops in Japan...
...Both Barclays and the BRC showed slow growth in discretionary spending compared with February, with non-essential sales growing annually at 1.6 per cent, according to Barclays, and non-food sales contracting...
...The scale of fab construction in the US is now stretching contractors’ ability to find workers with speciality skills. TSMC plans high-volume chip production in its first Arizona plant early next year....
...That only underscores the challenge for Liontrust, holder of a lowly valued acquisition currency in an industry where its chosen speciality is shrinking. alan.livsey@ft.com...
...This is how these deals typically work: a sale of the riskiest part of loan books to specialist investors — mostly credit funds and asset managers with a speciality in this area — reduces the lender’s loan...
...US lawmakers have put the sector under scrutiny in relations with China and are seeking to restrict companies with federal funding from contracting with “foreign adversary” biotech groups of “concern” deemed...
...So when the international activities of these companies declines it has a magnified impact on Irish production figures....
...Partly compensating for the decline in prime contracting work in recent years, McKinsey has increased its presence as a subcontractor on projects led by others, particularly technology companies including...
...The company’s share price is down 80 per cent from a 2018 peak....
...Several companies expanded private jet privileges during the Covid-19 pandemic, arguing that the higher spending was justified to reduce the risk of their executives contracting the virus....
...New lending for property-related activity is contracting. We’re not Chinese property experts, but whatever landing the property sector is experiencing doesn’t exactly look soft....
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