Factbox-Sri Lanka's domestic debt rework targets IMF goals, economic recovery
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka will announce a reworking of its domestic debt later this week to meet
1970-01-01 08:00
Sweden will have a city made of wood built in the next four years
Sweden is set to have the "world's largest wooden city" with plans for the development in Stockholm. Danish studio Henning Larsen and Swedish architecture firm White Arkitekter are the studios behind the design that will be constructed in the Sickla area of the city. It will use the largest amount of fire-proofed mass timber in a project of this kind with 7,000 office spaces and 2,000 homes, along with shops and restaurants being built. Sign up to our free Indy100 weekly newsletter This amount of wood will be used to cover the 250,000 square metre development to display the "serenity of a forest" and natural elements will also be part of the buildings. "We sought to create an urban environment infused with the serenity of a forest, resulting in a dense, open space that bears the distinctively minimalistic and functional aesthetic of Scandinavian design," Atrium Ljungberg told Dezeen. "The architects innovatively incorporated natural elements into the structures – for instance, green roofs for better insulation and large windows to let in natural light, embodying our vision of a city that thrives in harmony with nature." The environmental benefits of using this wooden material were noted too as it emits fewer emissions than concrete as well as a reduced climate impact during and after its construction. The project is planned to get underway in 2025, with the first buildings being completed two years later. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
1970-01-01 08:00
Fed's Williams: Restoring price stability is critical goal right now
NEW YORK Federal Reserve Bank of New York President John Williams said lowering inflation pressures is a key
1970-01-01 08:00
Tenants say a 3-year ban on evictions kept them housed. Landlords say they're drowning in debt
Some landlords have gone without rental income for more than three years after Oakland, California, approved an eviction moratorium in March 2020
1970-01-01 08:00
Liz Weston: Safer ways to raid your retirement, if you have to
Generally, it’s best to leave the money in your retirement accounts safely tucked away
1970-01-01 08:00
Chipmaker Wolfspeed secures $1.25 billion in debt funding led by Apollo Global
Wolfspeed said on Monday that a group led by Apollo Global Management would make a debt investment of
1970-01-01 08:00
New Offshore Wind Innovation Hub Announces First Selections for its Accelerator Program
NEW YORK--(BUSINESS WIRE)--Jun 26, 2023--
1970-01-01 08:00
Ascendiant Capital Markets Initiates Coverage of Knightscope with Buy Rating and $3.50 Per Share Price Target
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jun 26, 2023--
1970-01-01 08:00
The Wagner insurrection is over, but Putin and Prigozhin are keeping a low profile
Russian President Vladimir Putin has just survived his biggest ever challenge -- but has largely remained out of the spotlight since then.
1970-01-01 08:00
Siemens Energy share sell-off deepens, takes market value loss to $8 billion
By Christoph Steitz FRANKFURT (Reuters) -Siemens Energy shares fell for a second consecutive session on Monday, hit by a raft
1970-01-01 08:00
NBA rumors: Why a Paul George-Knicks trade makes more sense than you think
Leading up to the 2023 NBA Draft, Marc Stein of Substack reported that the Los Angeles Clippers were "attempting to gauge Paul George's trade value…" Within days of the report, George was already being linked to the Knicks.According to Ian Begley, the Knicks and Clippers &q...
1970-01-01 08:00
Stelios Mormoris Debuts Poetry Collection, The Oculus
NEW YORK--(BUSINESS WIRE)--Jun 26, 2023--
1970-01-01 08:00