News

Geberit CEO expects stable, slightly positive US construction market ahead of Trump term

"We expect a stable, slightly positive market in the U.S.," Buhl said of 2025 after Geberit reported its full-year sales, adding, "We have ambitions to expand our market position and become stronger." The company, which has two factories in the United States, has no plans to invest beyond its normal levels in the country, Buhl added, and had already reshored much of its supply chain back to the country.

China Vanke has no plans to extend bonds amid market slump, REDD reports

Vanke's onshore bond prices have been volatile in the past few weeks over concerns about its ability to make maturity payments this year following a prolonged property market slump. The state-backed developer has a total of $3.4 billion worth of public bonds, which are mostly onshore debt except one dollar bond - maturing this year. REDD reported on Thursday that China Vanke briefed investors on the matter after online rumours that it was considering bond extensions.

Investors Shun French Markets as Political Risk Still Lingers

(Bloomberg) -- A heavy discount continues to plague French assets and Prime Minister Francois Bayrou’s attempt to tackle the ongoing political crisis has been far from enough to bring investors back. Their return requires a concrete plan to slash the country’s gaping budget deficit.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsChicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesNYPD Reforms Car Chas