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Signa Holding
Signa creditors push to oust management over property fire sale fears
...The letter states that the company’s management was “not acting in the best interest of the creditors” and had taken a series of decisions that were creating “the imminent danger of causing significant harm...
February 28, 2024
UK housebuilding
UK sends Canary Wharf landlord first cladding bill under new powers
...“We are not going to comment on this matter save as to say that the [secretary of state] has taken such action without as much as requesting a meeting with the companies,” the company said....
March 28, 2024
Donald Trump
Donald Trump claims he may need ‘fire sale’ to pay $464mn fraud judgment
...“I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone. Does that make sense? WITCH HUNT. ELECTION INTERFERENCE!”...
March 19, 2024
The FT ViewThe editorial board
The painful rise in home insurance costs
...In wildfire-prone California, large insurers, including State Farm, have paused new applications....
April 1, 2024
Due Diligence
Delaware fires back at corporate lawyers Premium content
...The state-backed group is the second-largest developer by sales in China and is one of the companies that has helped build modern China....
March 15, 2024
EU defence
Denmark fires defence chief over Red Sea failures
...But military officials on the continent say the attempts are being complicated by surging inflation and the weakened state of Europe’s defence industry....
April 4, 2024
Thames Water
Thames Water’s parent company defaults on debt
...The Financial Times on Thursday revealed Kemble’s creditors include two Chinese state-owned banks, part of a group of lenders that were involved in a stand-off over extending a £190mn loan due at the end...
April 5, 2024
Renewable energy
Supply chain strains pose threat to UK renewables targets, report warns
...Suppliers have been reluctant to develop new factory capacity because of uncertainty around turbine sizes and the level of state support for wind farm developers....
April 16, 2024
Labour Party UK
Labour vows to boost UK investment in floating offshore wind
...However, Labour refused to say how much GB Energy would commit to the floating wind farms, saying only that Flow would be the new state-owned company’s “first priority”....
March 25, 2024
Indian election
India fires starting gun for election campaigning in world’s largest democracy
...The data showed the BJP was by far the biggest beneficiary of the scheme and companies operating in heavily regulated sectors such as lotteries, construction and mining were among the biggest donors, lending...
March 16, 2024
Moral Money
ESG indices under fire over Myanmar Premium content
...BlackRock is the only US company blacklisted in Texas for allegedly shunning oil and gas companies with sustainable investing....
February 16, 2024
The Big Read
The problem with Europe’s ageing wind farms
...It was 2003 when the 98 state-of-the art machines were erected. Now their age is showing....
February 22, 2024
InterviewLunch with the FT
Investor Nelson Peltz: ‘I’m not trying to fire Bob Iger, I want to help him’
...“Disney is stupid because I’m not trying to fire [chief executive] Bob Iger, I want to help him,” he says, unsolicited. “We don’t fire CEOs.”...
March 22, 2024
Europe Express
Why the EU wants Nato’s help to protect its wind turbines Premium content
...The plan is for developers of wind farms, subsea cables and gas pipelines to share more data — including video footage and information collected by sensors — with military agencies....
April 16, 2024
Houthi movement
Fuel tanker’s crew extinguish fire after hours of struggle
...Previous Houthi strikes, which have mostly hit container ships or ships for dry bulk commodities, have caused minimal damage and any fires have been quickly extinguished....
January 27, 2024
News in-depthUK agriculture
‘It’s too wet’: UK food security at risk because of record rain, farmers warn
...The UK’s new scheme rewards restoration of the natural environment and adoption of sustainable farming practices. “Now you’re on your own. You want me to farm efficiently, greener and for less money?...
April 13, 2024
Airlines
US airlines under fire for raising baggage fees again
...“While we don’t like increasing fees, it’s one step we are taking to return our company back to profitability and cover the increased costs of transporting bags.”...
March 10, 2024
Energy Source
Sweden’s green industrial revolution hits speed bumps Premium content
...The state-owned miner has warned its move towards carbon-free sponge iron — crucial for making green steel — could be threatened if the line is not urgently upgraded....
April 23, 2024
Disrupted Times
Global tax deal in jeopardy
...The two men share an interest in Mexican “national champion” companies, a mistrust of regulators and an enthusiasm for building mega-projects....
February 28, 2024
News in-depthIsrael-Hamas war
The Israeli settlers shrugging off sanctions to menace the West Bank
...But Federman feels confident that the hilltop farm had the backing of the state....
March 20, 2024
US presidential election 2024
Biden’s energy policies are fuelling Trump’s campaign in Pennsylvania
...“We went from two very wholesome salaries to zero,” said Staffieri, who has used his salary to upgrade a family farm....
April 21, 2024
Thames Water
Former Thames Water owner Macquarie among lenders to utility’s parent company
...Macquarie is the biggest private sector owner of infrastructure assets in the UK, with stakes in everything from wind farms to airports and gas networks....
April 9, 2024
Disrupted Times
Policymakers convinced holy grail of ‘immaculate disinflation’ within reach
...Argentina’s new president Javier Milei has launched an aggressive campaign to transform state-owned companies as politicians in Congress hold back his plans to privatise them....
March 22, 2024
War in Ukraine
Russian operator blames ‘external action’ for fire at Baltic gas terminal
...According to preliminary information, the fire was the result of an external action,” the Russian state Ria news agency cited Novatek as saying, adding that a 100 cubic metre cistern was on fire but that...
January 21, 2024
News in-depthFrench economy
France seeks new generation of farmers for industry in tumult
...them state-backed loan guarantees....
February 8, 2024

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