Category: delays
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JNF indecisiveness delays development of Jerusalem land
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In one of the largest real estate deals ever seen in Jerusalem, in January 2023, Jewish-American real estate tycoon Gary Barnett purchased land owned by the Greek Patriarchate for NIS 750 million. The deal was intended to end the deadlock over leasing the land so it could be developed. But…
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US resumes taking F-35 after delays over software upgrade By Reuters
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FAIRFORD, England (Reuters) – The United States has resumed deliveries of F-35 jets with an interim upgrade after months of delays due to software delays and will withhold some payments until remaining upgrades are ready, senior officials said on Saturday. Lockheed Martin The company (NYSE:) and major suppliers have been…
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US resumes taking F-35 after delays over software upgrade By Reuters
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FAIRFORD, England (Reuters) – The United States has resumed deliveries of F-35 jets with an interim upgrade after months of delays due to software delays and will withhold some payments until remaining upgrades are ready, senior officials said on Saturday. Lockheed Martin The company (NYSE:) and major suppliers have been…
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Buildots to cut delays on construction of Intel plants
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Israeli startup BuildsIntel, which develops software to help real estate companies manage construction and monitor progress, has been hired by Intel’s construction division to improve the pace of new construction and warn of potential delays, a source familiar with the matter told Globes. The deal is estimated to be worth…
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Vietnam’s VinFast delays US electric car plant amid market slowdown By Reuters
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By Phuong Nguyen HANOI (Reuters) – Vietnamese electric vehicle maker VinFast has postponed the launch of its planned $4 billion North Carolina factory to 2028 and cut its delivery forecast for this year by about 20,000 units amid uncertainty in the global electric vehicle market. Vinfast, founded by Vietnam’s richest…
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Tesla delays robotaxi launch to October from August, Bloomberg News reports By Reuters
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Tesla Inc. has delayed the launch of a robotaxi by about two months until October after the design team was asked to redesign some elements of the vehicle, Bloomberg News reported on Thursday, citing people familiar with the decision. Shares of Tesla (NASDAQ:TSLA), which is betting on self-driving vehicles over…
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Jerusalem light rail delays pile up
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Delays are piling up in the expansion of Jerusalem’s light rail system. Globes has learned that the Green Line between Mount Scopus and Gilo, which was scheduled to open next year, will now not open until March 2026. And the Red Line extension, originally scheduled to open in July 2023,…
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Post-Brexit Border Delays Threaten UK and EU Horticulture Trade, Industry Leaders Warn
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Plant nurseries and garden centres in Britain and Europe are sounding the alarm over the inefficiency of new post-Brexit border posts, which are causing significant delays, damage and extra costs for plant importers. The Horticultural Trade Association, which represents 1,400 UK retailers and gardeners, along with several European trade bodies,…
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President Ruto’s pet projects hit by funding delays
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Major road and housing projects as well as financing for small businesses are facing disruption as the Treasury faces difficulties in disbursing funds due to revenue challenges. The lack of funding will also leave Kenyans suffering from poor medical, water, electricity and education services, with the Treasury failing to release…
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Blow as AfDB exits Nairobi waste power plant project on delays
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The African Development Bank (AfDB) has exited a multi-billion shilling renewable energy project in Nairobi’s Kibera slum due to repeated delays in the procurement of services to kick-start the project. The continental lender had in January 2018 awarded Asticom Kenya Limited a grant of $995,000 (Sh128.8 million at current exchange…
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‘First Citizen’ Of Bitcoin City Departs El Salvador After Over Two Years Of Construction Delays
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Source: bitcoin.com El Salvador’s ambitious plan to build a city centered around Bitcoin, dubbed “Bitcoin City“, has faced its fair share of obstacles. However, despite the setbacks, Corbin Keegan, one of the self-proclaimed “first citizens” of this envisioned crypto haven, remains steadfast in his commitment to the project. This article…
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‘First Citizen’ Of Bitcoin City Departs El Salvador After Over Two Years Of Construction Delays
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Source: bitcoin.com El Salvador’s ambitious plan to build a city centered around Bitcoin, dubbed “Bitcoin City“, has faced its fair share of obstacles. However, despite the setbacks, Corbin Keegan, one of the self-proclaimed “first citizens” of this envisioned crypto haven, remains steadfast in his commitment to the project. This article…
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Ascendis stock falls as FDA delays TransCon PTH review
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Grandparents Editorial/iStock via Getty Images Ascendis Pharma (ASND) announced Tuesday that the U.S. Food and Drug Administration (FDA) has postponed the timeline for completing its review of the company’s experimental hypoparathyroidism treatment, TransCon PTH. The Food and Drug Administration considered the information provided by the company Regarding the New Drug…