Estimated cost of Thames Water renationalisation questioned
Read more at Financial Times
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As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - 2d -
The Costs of the Los Angeles Fires
Damages are now estimated to reach up to $57 billion. The blazes add to a string of climate-related catastrophes hitting businesses and homeowners.The New York Times - 2d -
Loss estimates, including health effects and rebuilding costs, surge.
As fires raged, the economic toll of the disaster climbed into the tens of billions of dollars, according to analyst estimates.The New York Times - 3d -
Whitehall estimates child sexual abuse compensation could hit £10bn
Starmer has criticised previous Conservative government for not implementing recommendations of 2022 Jay reviewFinancial Times - 4d -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - 5d -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - 5d -
Thousands without water in Republic of Ireland
Irish national weather forecaster Met Éireann has issued a fresh orange warning in the Republic.BBC News - 5d -
Thames Water junior creditors accuse rivals of ‘predatory’ loan conditions
Class B bondholders have filed their own restructuring plan for the troubled utilityFinancial Times - 5d -
Germany to release inflation estimate for 2024
Yahoo News - 6d
More from Financial Times
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Porsche deliveries to China drop 28% amid rising competition
Homegrown electric-vehicle brands ramp-up production in world’s largest car marketFinancial Times - 36m -
The US labour market is not cooling
And replies on stablecoinsFinancial Times - 2h -
Vienna tries to allay Brussels’ fears over looming far-right government
Also in this newsletter: Poland’s push to back Trump’s 5% Nato defence spending targetFinancial Times - 3h -
FirstFT: Deflation hits Chinese corporate profits
Also in today’s newsletter, UK’s AI computing push and Trump’s Ukraine planFinancial Times - 3h -
Companies move to strengthen supply chains on Trump trade war fears
Conference Board survey finds rising concern about impact of threatened tariffs on goods and servicesFinancial Times - 3h
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