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Travel & leisure industry
CitizenM owners explore potential sale of hotel group
...It claims it has higher profitability per square metre than other hotels because of its brand, design, centralised technology operations and standardised construction with rooms being prefabricated and shipped...
March 27, 2024
China International Capital Corp Ltd
Investment bank CICC wants to be ‘bridge’ for Chinese companies in south-east Asia
...But still, CICC has an important role in telling them more about why panda bonds are relevant for their nation building,” he said, naming projects such as Indonesia’s $35bn construction of a new capital...
March 18, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News updates from March 19: Bank of Japan ends negative rate era; Microsoft hires DeepMind co-founder
Gauge of future US new home construction jumps to 6-month high
...The rate of new home construction also rose more than expected in February, jumping 10.7 per cent above the previous month to an annualised pace of more than 1.52mn....
March 19, 2024
News updates from April 16: Powell says inflation fight will take ‘longer than expected’; China GDP jumps 5.3%
US housing starts fall to 7-month low
...The pace of new home construction in the US fell in March to its lowest level since August 2023, but low inventory of existing homes continued to underpin demand for new builds....
April 16, 2024
Property sector
Brooklyn’s super-tall ‘Sauron’ tower in clouds of uncertainty
...“This won’t be the last of these stories,” said Adelaide Polsinelli, a longtime New York City broker and vice-chair at Compass....
April 8, 2024
News updates from March 19: Bank of Japan ends negative rate era; Microsoft hires DeepMind co-founder
What to watch in North America today
...Economic data: New monthly residential construction is expected to have increased in February to an annualised pace of 1.42mn units, from about 1.3mn in January, according to economists polled by Reuters...
March 19, 2024
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
News in-depthDonald Trump
Donald Trump’s legal woes add new twist to Wall Street tower’s tangled story
...Adnan Khashoggi, the Saudi arms dealer and financier, was at one point accused of helping the Marcoses hide their involvement but eventually acquitted by a New York jury....
March 12, 2024
News updates from February 5: King Charles diagnosed with cancer, McDonald’s blames war on weak sales
Caterpillar beats earnings expectations thanks to higher prices
...Industrial bellwether Caterpillar overcame softening demand for its construction equipment in the final three months of the year to report annual results that beat expectations, thanks partly to higher prices...
February 5, 2024
News updates from March 1: Nvidia closes above $2tn valuation, Gunvor to plead guilty to US bribery charges
What to watch in North America
...Consumer sentiment: The University of Michigan’s consumer sentiment index is forecast to report a final reading of 79.6 in February, unchanged from the preliminary reading and above January’s reading of...
March 1, 2024
Property sector
Record number of cash offers show New York property is only for the rich
...New residential construction project permits also fell sharply last year, according to the Partnership for New York City, down 55 per cent in the final quarter of 2023 from the same quarter of 2022....
March 5, 2024
News updates from February 16: Russian opposition leader Alexei Navalny dies, Trump ordered to pay more than $350mn in New York fraud case
Risers and fallers in the US
...Friday afternoon share price moves to note on the New York Stock Exchange include Applied Materials, Dropbox and Vulcan Materials: Applied Materials rose 7.3 per cent, making the semiconductor the top-performer...
February 16, 2024
Micron
Micron secures $13bn in US support to expand chipmaking capacity
...Senate majority leader who represents New York....
April 25, 2024
News updates from March 12: US House votes through bill to ban TikTok; Geert Wilders announces he will not be Netherlands PM
Copper price hits 11-month high after Chinese smelters aim to cut output
...Copper is an important metal in the construction and manufacturing industries, and is vital for the green energy and electric vehicle sectors because of its ability to conduct electricity....
March 13, 2024
News updates from February 16: Russian opposition leader Alexei Navalny dies, Trump ordered to pay more than $350mn in New York fraud case
US housing starts fall to 5-month low
...The rate of new home construction in the US fell in January to its lowest level since August, while demand for new homes strengthened from a year earlier due to the lack of existing properties for sale....
February 16, 2024
The Week Ahead
Deadlines for politicians and Nato’s 75th anniversary
...Deadlines and anniversaries are the themes of this week and Thursday is a big day. Donald Trump must post the (recently reduced) $175mn bond in his civil fraud case in New York....
March 31, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
News updates from January 18: US Congress passes bill to avert government shutdown, Pakistan strikes targets in Iran
US housing starts fall in December
...The rate of new-home construction in the US decreased in December thanks to a drop in single-family housing starts, but underlying measures remained stable despite higher mortgage rates....
January 18, 2024
Nuclear energy
Bill Gates’ TerraPower plans to build first US next-generation nuclear plant
...TerraPower is one of dozens of companies vying to develop a new generation of smaller, more efficient reactors, which nuclear advocates tout as critical to fighting climate change....
March 19, 2024
ReviewVisual Arts
Hannelore Baron, New York review — art as a quiet scream of protest
...The family eventually managed to escape, arriving in New York in 1941....
February 21, 2024
Renewable energy
Wall Street turns to ‘solar grazing’ sheep in its push to go green
...Ranchers from New York state to California have been some of the projects’ first beneficiaries....
April 10, 2024
News updates from November 17: OpenAI CEO Sam Altman pushed out after losing board’s confidence, Opec+ weighs further oil production cuts
US housing starts rise in October
...The rate of new home construction in the US increased in October, while single family home construction increased from a year ago despite higher mortgage rates....
November 17, 2023
The Big Read
With Trump in court, can Biden take control of the election?
...In the meantime, he has tried to stay active in New York, making a quick stop in Harlem to visit a bodega, shaking hands with builders at a Midtown Manhattan construction site and hosting foreign politicians...
April 26, 2024
Data PointsJohn Burn-Murdoch
What Texas can teach San Francisco and London about building houses
...The lesson for the rest of London, for San Francisco and New York is that densifying historic cities need not mean architectural vandalism or characterless tower blocks....
February 23, 2024
UK honours system
Stephen Schwarzman given honorary British knighthood
...Last month, Blackstone began construction on a new 226,000 square foot building that will serve as its European headquarters....
March 1, 2024
Holcim Group
Switzerland’s Holcim plans to spin off US cement business
...CRH, the world’s largest building materials group, last year moved its primary listing from London to New York....
January 28, 2024
Energy Source
Why Russia is pushing into Africa’s nuclear energy market Premium content
...Good morning and welcome to Energy Source, coming to you this morning from New York and Johannesburg....
April 2, 2024

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