Author: Charlotte

THE WELSH Government’s new deputy transport minister has highlighted the need for “key infrastructure resilience” across the country. Mark Hooper, who was elected to Pen-y-Bont Bro Morgannwg for Plaid Cymru last month announced a “short, focused programme of work to explore realistic options across road, rail and bus interventions”. There would be, he said, an emphasis on solutions that were “practical, deliverable and capable of making a meaningful difference in the near to medium term”. Speaking to the Siambr on Tuesday 9 June, Mr Hooper shared that the repeated closures of the Menai bridge in recent weeks were due to…

The Obama Presidential Center was meant to lift up local contractors. Some are now fighting for survival. Crain’s Chicago Business Source link

Stagnation of GDP in Q1GDP stagnated in Q1 2026 in quarter-on-quarter terms, while it recorded a 2.3% growth rate year-on-year. This performance is due to the improvement in the contribution from domestic demand and a more negative contribution from external demand. Specifically, domestic demand contributed +4.1 pps to year-on-year growth (vs. +3.1 pps in Q4), supported by the acceleration in gross fixed capital formation (+9.5% year-on-year in Q1). On the external demand side (+5.5% year-on-year vs. 1.9% in the previous quarter), linked to the high import content of investment. Available indicators suggest that economic activity in Q2 will remain moderate…

ICICI Bank was held by 761 funds, and mutual funds had 214 crore shares of this stock worth Rs 2.68 lakh crore. HDFC Bank was held by 735 funds, and mutual funds had 388 crore shares worth Rs 2.89 lakh crore. SBI was held by 708 funds, and mutual funds had 121 crore shares worth Rs 1.21 lakh crore. Source link

Startups are rethinking in the era of Web3 what it means to build, grow, own, and value a company. Web3 focuses on decentralization, programmability, and community, not centralized platforms. Crypto token developers transition centrally, and they grow tokens from a technology experiment to a calculated lever for growth. Startups across fintech, gaming, supply chain and creator economies are using tokens to strengthen their networks, align incentives and access funding opportunities. The use of tokens here is not just speculative. Ultimately, they can be a practical tool for startups to align stakeholders, build network effects and access a global market. This article explains the economics,…

The Bank of Japan is expected to raise its policy rate to 1% from 0.75% when its meeting concludes on June 16, the highest level since 1995, and to signal readiness to keep going. It puts the yen carry trade back in focus, which has tended to impact crypto markets. Since decades, a cheap yen has funded leveraged bets on risk assets, crypto among them. Higher Japanese rates and a firmer yen make that borrowing more expensive and can force an unwind that drains global liquidity. The last time the BOJ surprised with a hike, on August 5, 2024, the…

Andrew Thorley (image credit: Brookbanks) A Birmingham-headquartered consultancy supporting clients across the UK in the planning, design and completion of development and infrastructure projects has secured the backing of private equity firm CBPE Capital. The deal was supported by a host of prominent advisers.  This new partnership provides additional investment to support Brookbanks’ continued growth, including further investment in its people, expansion of service capabilities, and targeted geographic and strategic development.  Brookbanks, which was founded in 1997, will continue to be led by chief executive Andrew Thorley, chief technical officer Richard Moorcroft, chairman Paul Boileau and the existing leadership team,…

Manish Banthia got gold right when almost nobody else did. In November 2023, the Chief Investment Officer (CIO) for Fixed Income at ICICI Prudential AMC made the case for buying bullion at a time when sentiment was deeply negative and prices had gone nowhere for over a decade. Then, on December 29, 2025, he flagged silver peaking. Both calls landed.Now he’s telling investors to stop chasing the metal entirely.”At current valuations, we would avoid allocating incremental capital to gold,” Banthia said. “Among the three—equity, debt and gold—gold currently appears the least attractive.”Banthia, who handles debt assets worth Rs 2.7 lakh…

The Middle East crisis has spurred more interest in alternative energy supply, but the evolution of transition technology has made transporting things like turbine blades and batteries problematic, DHL’s chief executive has warned.“Large wind turbines now have blades of astonishing dimensions,” Tobias Meyer told the media, as quoted by Bloomberg. “These large cargoes create high wind loads for vessels, require stacking and specialized rigs to transport, as they are also quite vulnerable.”Wind turbine equipment has been steadily getting larger in order to boost the generation capacity of the installations. Bloomberg noted in its report a Chinese company that has developed…

BERLIN, June 12 (Reuters) – Germany’s economic recovery ‌is likely to ‌proceed in small steps at ​best, depending on the conflict in the Middle East, and ‌energy and ⁠commodity prices, the economy ministry said ⁠on Friday. The ministry added in its ​monthly report ​that ​economic momentum ‌likely slowed noticeably in the second quarter, with industrial production expected to show only ‌modest growth in ​the coming ​months ​and no ‌upturn in labour demand ​anticipated ​even during the summer due to ​higher ‌energy prices. (Reporting by Thomas ​Seythal, Editing by ​Linda Pasquini) Source link