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☆ One couple relocated from Wyoming to South Carolina but moved after 5 months due to cost of living and traffic
▼ + stars: | 2024-09-28 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +7 min

The Mitchells are originally from Mississippi but moved to a small town in Wyoming in 2022. "And I was in the wedding and events industry, and that's really, really big in Charleston, so I was super interested in it." But just five months after they relocated, the Mitchells discovered Charleston didn't live up to the hype for them. Charleston challengesThe Mitchells told Business Insider that the cost of living in Charleston almost prevented them from moving there. AdvertisementOnce they moved to Charleston, the cost of living continued to be a pain point for the Mitchells regarding expenses like eating out or gas prices.

Persons: Morgan, Dawson Mitchell, —, " Dawson, that's, Dawson, Zillow, there's Organizations: Service, Mitchells, Charleston, Facebook, BI, Morgan Locations: Charleston, Mississippi, Charleston , South Carolina, Wyoming, Morgan, Southern, Louisville , Mississippi, Louisville

☆ Luyanda Mpahlwa’s pioneering architectural journey fuels social upliftment in South Africa
▼ + stars: | 2023-12-01 | by ( Lauren Lee | ) edition.cnn.com time to read: +7 min

CNN —As a young boy growing up in the 1960s in Mthatha, South Africa, Luyanda Mpahlwa loved to draw houses. Mpahlwa was among the first Black Africans permitted to study architecture in South Africa. “South Africa was in a state of emergency,” he said. There, he earned a master’s degree in architecture from the Technical University of Berlin in 1989 and began working for Pysall.Ruge, a design firm based in what is now the German capital. “The reality is the majority of people of South Africa live in conditions that are actually below what we should be defining as an urban environment,” he said.

Persons: Luyanda Mpahlwa, ”, Mpahlwa, Nelson Mandela, “, Curry, ” Mpahlwa, iThemba, “ We’ve Organizations: CNN, Town, Design Network, South, Radisson, Technical University of Berlin, Pysall.Ruge, Technikon Natal, Durban University of Technology, Embassy, African Institute of Architects, MMA, Department of Basic Education, Design, Lutheran Community Center Locations: Mthatha, South Africa, Robben, ”, Cape Town, “ South Africa, Berlin, Germany, Luyanda, Africa, “, Eastern, Cape Town’s, Kosovo, Philippi Township, Western Cape

[1/2] Dressmaker Faieza Caswell from Mitchells Plain sews under candlelight in her workplace, on the Cape Flats due to South Africa's struggling power utility company Eskom, implementing regular power cuts - called 'load-shedding', in Cape Town, South Africa February 11, 2023. South Africa's relatively wealthy, developed economy and nearly three decades of political stability helped drive industry growth and draw in reinsurers. And they are now tightening the conditions of their agreements with insurance companies. Reinsurers are also pushing insurance companies to include so-called "named perils" in policies rather than offering blanket cover for catastrophes. Grid failure would plunge South Africa into a nationwide blackout that could last weeks.

☆ South African cities scramble to keep the lights on
▼ + stars: | 2023-02-21 | by ( Carien Du Plessis | ) www.reuters.com time to read: +4 min

Officials plan to procure up to 500 megawatts (MW) from private power companies by 2026 to provide roughly a third of the city's annual 1,500-1,800 megawatts (MW) electricity needs. [1/5] A woman tests LED lights on a solar panel at their factory called Ener-G-Africa, where they produce high-quality solar panels made by an all-women team, in Cape Town, South Africa, February 9, 2023. The neighbouring Ekurhuleni municipality has signed deals with 46 private power companies for 700 MW, according to its 2020/2021 annual report. Hill-Lewis said Cape Town also plans to change its energy policy to allow households and businesses that produce solar power to sell the excess to the city. In Cape Town, for those wanting to sell excess power to the city, a 12,000 rand feed-in meter is required.

☆ Commodity-linked stocks push FTSE 100 higher; retailers slide
▼ + stars: | 2023-01-12 | by ( Shashwat Chauhan | ) www.reuters.com time to read: +2 min

The blue-chip FTSE 100 (.FTSE) gained 0.6% to hover near a more than four-year high scaled on Wednesday, while the more domestically focused FTSE 250 mid-cap index (.FTMC) rose 0.9%. Retailers Tesco (TSCO.L) and Marks & Spencer (MKS.L) slipped between 0.3% and 1.6% despite strong sales, as both companies warned of inflationary pressures. Financial stocks were among the top gainers on the FTSE 100, with banks like HSBC (HSBA.L) and Barclays (BARC.L) rising 0.9% and 1.4%, respectively. The FTSE 100 has had a bright start to the year so far, rising in almost every session. Centrica (CNA.L) climbed to the top of FTSE 100, jumping 6.1% after the British Gas owner raised its full-year earnings forecast.

☆ UK's FTSE boosted higher by healthcare sector
▼ + stars: | 2022-12-07 | by ( Johann M Cherian | ) www.reuters.com time to read: +2 min

SummarySummary Companies FTSE 100 rose 0.1%, FTSE 250 falls 0.2%GSK escapes U.S. lawsuit on Zantac allegationsMoonpig drops to bottom of FTMCDec 7 (Reuters) - UK's export-oriented FTSE 100 climbed on Wednesday as the healthcare sector was boosted by shares of GSK after the drugmaker escaped U.S. lawsuits over its heartburn drug Zantac. The blue-chip FTSE 100 (.FTSE) edged 0.1% higher by 0930 GMT. The pharmaceutical sector (.FTNMX201030) rose 3.3% in its biggest one-day percentage gain since late February. A nearly 10% jump in shares of GSK Plc (GSK.L) boosted the index after the drugmaker was spared thousands of U.S. lawsuits claiming that Zantac caused cancer. The real estate sector (.FTUB3510) fell 0.2% and is down 34% year-to-date and is heading towards its biggest fall since 2008.

☆ Take a look at the off-grid property billed as the 'most remote house' in England set in a stunning landscape
▼ + stars: | 2022-11-27 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +3 min

The six-bedroom, five-bathroom Skiddaw House is off-grid and is totally self-maintained. Nestled amid the inspiring landscape of England's Lake District, the isolated six-bedroom, five-bathroom Skiddaw House is off-grid. Its electricity comes from private solar panels, and water is supplied by mountain springs, according to the website of Mitchell's Land Agency, which is organizing its sale. Skiddaw House Mitchell's Land and PropertySkiddaw House Mitchell's Land and PropertyThe hostel is the highest in the UK and will continue to operate until 2027, even after the sale of the building, Insider has been told. Skiddaw House Hostel Skiddaw House HostelSkiddaw House Mitchell Land and PropertySkiddaw House Mitchell Land and PropertySkiddaw House sits 1,500 feet above sea level and the land being sold includes three mountain tops.

☆ UK bond turmoil leaves smaller pension schemes with longer-term costs
▼ + stars: | 2022-11-07 | by ( Carolyn Cohn | ) www.reuters.com time to read: +6 min

As pension funds scrambled for cash to meet margin calls, the Bank of England intervened to stabilise the market and avoid the collapse of some LDI-exposed funds. But pension schemes that could not meet margin calls in time - many of them smaller schemes - had their positions liquidated by LDI fund managers. Larger schemes in segregated funds were more likely to have retained their hedges, industry sources said. Large schemes in segregated funds pay lower fees for more volume - a benefit small schemes cannot enjoy. LDI fund managers BlackRock (BLK.N) and Insight Investment did not respond to requests for comment.

☆ British pub operator Marston's annual sales rise above pre-pandemic levels
▼ + stars: | 2022-10-11 | by ( ) www.reuters.com time to read: +2 min

Oct 11 (Reuters) - British pub operator Marston's (MARS.L) said on Tuesday its annual retail sales rose above pre-pandemic levels, as people splurged on drinks more than food despite the worsening cost-of-living crisis. Pubs, restaurants and hotels in Britain, still recovering from pandemic restrictions, are now grappling with rising costs and lower consumer spending in the face of rising inflation. "We are managing cost inflation well with food, drink and energy costs covered for the immediate future," Chief Executive Officer Andrew Andrea said in a statement. Total retail sales for the year were 2% higher from 2019, with sales of drinks outperforming food because of hot weather during the summer, Marston's said. Marston's rivals Mitchells & Butlers (MAB.L) warned of tighter margins in its new financial year as costs rise, while Wetherspoon's (JDW.L) annual operating costs nearly doubled.

☆ British pub group Mitchells & Butlers warns on costs, shares drop
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +2 min

SummarySummary Companies Q4 LfL sales up 1.5% vs 2019Flags higher energy and utility costsShares down ~7%Sept 29 (Reuters) - Mitchells & Butlers (MAB.L) warned of tighter margins in its new financial year as costs rise, driving shares in the British pub operator to two-year lows. Energy and utility costs have risen to roughly 150 million pounds ($161.6 million) in the year ending September 2022, from 80 million pounds in the 2019 period, and could rise further next year, it said in a statement on Thursday. Shares in the company, which have nearly halved in value this year, fell nearly 7% to their lowest since Oct. 2020. read moreBritain has tried to ease the pressure of soaring energy costs, saying it would cap wholesale electricity and gas costs for businesses at less than half the market rate from the coming month until the end of March. Like-for-like sales were up 1.5% for the fourth quarter ended Sept. 24, against 2019 levels, amid rail strikes and extreme heat.

☆ 'Morbius' was a box-office dud but now it's topping Netflix's charts, as the streamer's deal with Sony continues to pay off
▼ + stars: | 2022-09-09 | by ( Travis Clark | ) www.businessinsider.com time to read: +3 min

Starting this year, Sony movies stream on Netflix after their theatrical and home-entertainment runs. The streamer also is licensing select older movies from Sony's library, such as its past Spider-Man movies. As part of the agreement, Netflix has a first-look option for movies Sony is making directly for streaming or planning to license for streaming. Sony movies have dominated consumer engagement on Netflix. 9)The chart below illustrates the top 10 most in-demand movies on Netflix over the last 90 days:

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