Photo: Alberto Pezzali/NurPhoto/Sipa USA Two companies involved in an alleged £1.4m art investment fraud have been shut down by the courts. The high court ordered Halifax Mannin and Hey Design Services to be wound up in the public interest on 1 March, after a probe by the Insolvency Service found they together misled or bullied
This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. Will unrest between Iran and Israel send stocks south? Our view is that it probably won’t, simply because
As part of a long-term plan to support increased demand for cementitious products across the UK construction market, Aggregate Industries has announced a significant investment in a new ‘Super Shed’ at the Port of Liverpool. Owned by the UK’s second largest port operator Peel Ports Group, the substantial new import facility – one of
Investors eyeing the FTSE 100 index are optimistic about a potential turnaround in fortunes for the under appreciated market in the upcoming year. Despite experiencing a notable discount compared to its global counterparts in 2023, market sentiment suggests that lower interest rates could be the catalyst for change in 2024. In contrast to London’s
Hastings Hotels has announced the completion of a €17.5 million renovation at the Europa Hotel in Belfast. The five-year renewal project encompasses upgrades to all 272 guest bedrooms, the Lobby Bar, Piano Restaurant, meeting rooms, and the Penthouse. ‘Belfast Icon’ “It is no mean feat to completely renovate a hotel, especially when it’s one of
Pelagic Partners continues its strategic focus on increasing offshore energy asset exposure amid positive sentiment in the sector for foreseeable future Shipowner and shipping fund manager, Pelagic Partners, has successfully completed an investment in two state-of-the-art platform supply vessels that will see it partner with private investment and asset management firm, Borealis Maritime. Built in
In his latest letter to shareholders, Jamie Dimon discusses the importance of decision-making and taking action. He highlights the need to find a balance between careful consideration and taking initiative. Dimon says that some decisions require thoroughness while others are better suited for a quicker approach. He also addresses the challenges of indecisiveness
Noura Hassan, uses a pocket calculator to convert the worth of US dollars offered by a client into … [+] Djiboutian francs at a street corner where she sits cradling a satchel filled with a variety of regional and international currencies, waiting on customers to come by for foreign-exchange (Forex) services in Djibouti’s capital on
FOR IMMEDIATE RELEASE April 9, 2024 CHICAGO — A $25 million gift from the John D. and Alexandra C. Nichols Family Foundation will support aspirational campus evolution and visitor-centered spaces at the Art Institute of Chicago, with a focus on the Nichols Family Skyline Garden. This is a continuation of the generosity that Alexandra and
The Wolverhampton business has taken delivery of an EHRT compact punching machine from Germany. This effectively doubles capacity and complements the single punch EHRT with 10 tool holders that was installed in 2021. The new machine has three multi-head tools built in, minimising tool changeover times with the ability to produce volume with software capability