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Plans submitted to launch first phase of Hull’s East Bank Urban Village

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The scheme is set to become one of Hull’s largest ever regeneration projects

East Bank Urban Village will introduce a mix of affordable houses and apartments alongside shops, restaurants, leisure and other neighbourhood uses. Credit CJCT Studios and Virtual Resolution

East Bank Urban Village will introduce a mix of affordable houses and apartments alongside shops, restaurants, leisure and other neighbourhood uses. Credit CJCT Studios and Virtual Resolution(Image: CJCT Studios and Virtual Resolution)

Plans have been submitted to kick start the first phase of East Bank Urban Village – one of Hull’s largest ever regeneration projects – which promises to breathe new life back into the area through the creation of a sustainable new neighbourhood. The major project is set to completely transform the eastern bank of the River Hull, through a partnership between lead development partner ECF (English Cities Fund – a partnership between Homes England, L&G, and Muse) and Hull City Council.

The East Bank once formed a vital part of Hull’s maritime industry, but this area has seen a significant decline since the mid-20th century and is now primarily occupied by surface parking and vacant brownfield land. Detailed designs for Phase 1 of East Bank are now with city planners and the hybrid application also includes outline plans for the wider neighbourhood which will deliver around 850 new homes once complete.

Shops, restaurants and leisure spaces will also be created as part of the East Bank Urban Village, creating a vibrant place to live. A network of streets, plazas, green spaces and a new riverside promenade will also boost connectivity, creating active travel routes that encourage walking and cycling throughout the site.

The project is to be delivered in four phases with construction of Phase 1 set to start in early 2027, and Phase 4 expected to be completed in 2040.

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Phase 1 will create the core of the new neighbourhood, delivering 37 townhouses and 78 apartments across two buildings. The homes will all be affordable, helping to meet local demand and ensuring East Bank is accessible to a wide range of people. Further phases will deliver more than 700 build-to-rent and affordable apartments across the wider site.

Ahead of the latest planning move a series of community conversations was held last autumn, led by the council and ECF, through which local people had the chance to provide suggestions and other feedback which the council says fed directly into the masterplan. Suggestions included a need for more green community spaces, parking and traffic management, enhancing biodiversity and finding new uses for existing historical landmarks including the former Lock Keeper’s Cottage.

A CGI of how the East Bank Urban Village in Hull will look. Credit: CJCT Studios and Virtual Resolution

A CGI of how the East Bank Urban Village in Hull will look. Credit: CJCT Studios and Virtual Resolution(Image: CJCT Studios and Virtual Resolution)

Raife Gale, senior development manager at ECF said: “Local people have been supportive – and so insightful – in offering their feedback, and this has all fed into the final planning application we’ve submitted.

“Our plan is to deliver a sustainable new neighbourhood where people want to live, work and spend time – and key to this is creating quality homes, attractive public spaces and new leisure and business opportunities. East Bank will kick-start a new chapter for this part of the city’s riverside, ensuring it continues to play a role for future generations.

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“The council has an ambitious programme of regeneration which is already helping transform the city centre, as seen with the recently completed redevelopment of the Museums Quarter and Old Town, and we are using our knowledge and expertise in delivering complex schemes across the UK to help unlock the next phase of the city’s development.”

Chris Jackson, director of regeneration and partnerships at Hull City Council, said: “It is pleasing that the council has been able to submit plans for phase one of East Bank Urban Village. This is a significant regeneration project which will help to meet the council’s housing targets, revitalise a long-term brownfield site and also support both Hull’s Old Town and city centre economies.

“We have already welcomed extensive public feedback on draft proposals for East Bank ahead of this planning submission and look forward to hearing their thoughts on the updated plans.”

The project is supported by £9.8m in Government-backed Levelling Up Partnership funding, underpinning enabling works and early infrastructure delivery. East Bank Urban Village will also make a significant contribution to the council’s ambition to deliver 2,500 new homes within Hull city centre as part of its Local Plan. It will also act as a catalyst site for Hull’s recently endorsed City Centre Vision.

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Like this story? For more news from the commercial property scene around the regions, visit our dedicated section here for the latest news and analysis within the sector.

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Earnings call transcript: ICICI Bank Q4 2026 sees stock rise post-earnings

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ICICI Bank Q4-2026 slides: profit jumps 21% QoQ, NPAs improve

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Trump dismisses Iran’s Hormuz move, says talks still “very good”

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Pope Leo, newly forceful global voice, arrives in Angola on Africa tour

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Hold or Sell MXL Shares as Analysts See Limited Upside Amid AI Bets

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MaxLinear Stock 2026: Hold or Sell MXL Shares as Analysts

CARLSBAD, California — MaxLinear Inc. (NASDAQ: MXL), a provider of radio frequency, analog and mixed-signal integrated circuits, trades with mixed signals in April 2026 as investors weigh its push into high-speed AI data center connectivity against ongoing losses, analyst caution and a consensus price target implying downside from recent levels.

MaxLinear Stock 2026: Hold or Sell MXL Shares as Analysts
MaxLinear Stock 2026: Hold or Sell MXL Shares as Analysts See Limited Upside Amid AI Bets

As of April 17, 2026, MXL shares closed at approximately $23.35 to $26.27 depending on daily volatility, reflecting a sharp intraday move of over 12% on some sessions but remaining well below historical peaks above $77 in 2021. The stock has shown resilience in 2026 with year-to-date gains, yet Wall Street’s average 12-month price target hovers around $19.57 to $24.00, suggesting potential downside of up to 21% or modest upside depending on the source.

Analyst consensus leans toward Hold. Out of eight to 11 covering firms in recent months, ratings typically break down as two Buy/Strong Buy, five to six Hold and one Sell. Deutsche Bank, Stifel Nicolaus, Benchmark and Northland Securities have maintained Buy or positive stances, citing infrastructure ramps and data center momentum. Others, including Susquehanna and Roth MKM, stick with Hold amid execution risks and arbitration overhangs from disputes like the one with Silicon Motion.

The average price target of roughly $21.55 to $24.00 implies limited near-term catalysts for significant gains. Some optimistic forecasts see MXL reaching $28, while conservative estimates dip as low as $11 to $17. Longer-term 2026 projections vary widely: one model anticipates an average around $21.35 with a trading range of $17.60 to $29.95, while others warn of possible declines to the mid-teens if growth disappoints.

MaxLinear’s business has shifted toward higher-growth areas. The company reported full-year 2025 revenue of $467.6 million, up nearly 30% year-over-year from $360.5 million in 2024, driven by infrastructure strength. Fourth-quarter 2025 earnings beat expectations with EPS of $0.19 versus a $0.09 consensus. Guidance for first-quarter 2026 called for revenue between $130 million and $140 million.

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Investors await the Q1 2026 earnings release on April 23, which could clarify momentum in key segments. MaxLinear has highlighted AI-related products as a major opportunity. In March 2026, the company unveiled the Annapurna 224G scale-up retimer, enabling up to 1.6 Tbps electrical connectivity for copper backplanes and active electrical cables in AI data centers. It also launched the Rushmore 1.6T PHY chipset and demonstrated interoperability at industry events like OFC.

These innovations target the exploding demand for high-speed interconnects in AI training clusters. MaxLinear aims to capture about 20% of the 800G/1.6T market over the next few years, potentially generating $200 million to $300 million in annual revenue from this segment. Early traction in 800G PAM4 DSPs could contribute $100 million to $130 million in 2026, with infrastructure expected to become the largest revenue contributor.

Additional product launches, including an intelligent modular power management solution for next-generation broadband SoCs debuted at APEC 2026, expand its footprint in Wi-Fi 7, DOCSIS 4.0, fiber and fixed wireless access. The company also added Western Digital CFO Kris Sennesael to its board in February, signaling a focus on operational discipline.

Despite these positives, challenges persist. MaxLinear posted an operating loss of $102.4 million and a net loss for fiscal 2025, reflecting heavy R&D investment and integration costs from past acquisitions. Gross margins have improved but remain pressured in a competitive semiconductor environment. Insider selling has occurred, and some valuation models, including GuruFocus GF Value, flag the stock as significantly overvalued at current levels compared to intrinsic estimates around $14.80.

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Broader industry dynamics add uncertainty. The semiconductor sector faces cyclical risks, supply chain issues and intense competition from larger players in data center optics and electrical interconnects. MaxLinear’s exposure to broadband and infrastructure provides diversification, but near-term growth depends on winning and ramping designs with hyperscalers and OEMs.

Technical indicators offer mixed signals. Short- and long-term moving averages have generated buy signals at times, but the stock trades near recent highs with neutral RSI readings around 45. Volatility remains elevated, typical for small- to mid-cap chip stocks.

For investors considering a position in 2026, the case for buying rests on successful execution in AI connectivity. If MaxLinear captures meaningful share in 800G/1.6T solutions and infrastructure revenue accelerates, the stock could rerate higher toward the $28 to $30 range or beyond. Optimistic scenarios see potential for 50%+ upside if data center momentum exceeds expectations and profitability improves.

The bear case centers on delayed ramps, pricing pressure, continued losses or failure to differentiate in a crowded market. With consensus targets pointing to limited upside or outright downside, many analysts recommend waiting for clearer evidence of sustainable growth post-earnings. A Hold rating reflects this balance: attractive long-term AI exposure but near-term risks that warrant caution.

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Portfolio managers often view MXL as a speculative play on data center infrastructure rather than a core holding. Those with high risk tolerance may accumulate on dips below $20, while conservative investors might sell into strength or avoid altogether pending the April 23 earnings call and updated guidance.

MaxLinear’s story in 2026 illustrates the semiconductor sector’s dual nature — explosive potential in AI tailwinds tempered by execution hurdles and valuation discipline. The company’s recent product launches position it for participation in multi-year data center buildouts, but delivering consistent revenue growth and margin expansion will determine whether shares reward patient holders.

As the earnings date approaches, market attention will focus on commentary around AI design wins, broadband trends and any updates on the Silicon Motion arbitration. Positive surprises could spark a rally; shortfalls might pressure the stock toward analyst targets.

Ultimately, MaxLinear represents a high-beta bet on connectivity innovation. Investors bullish on AI infrastructure spending may see value in the current setup, while those prioritizing near-term profitability or lower volatility might look elsewhere. With Q1 results imminent, the coming weeks could clarify whether MXL merits a Buy, Hold or Sell decision for 2026 portfolios.

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Is Cinemark Website Down? App Down for Many Users Right Now on April 18 2026

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Cinemark
Cinemark
Cinemark

PLANO, Texas — Cinemark Holdings Inc. is experiencing technical difficulties Saturday evening, April 18, 2026, with many users reporting that the company’s website and mobile app are down or unresponsive during peak weekend moviegoing hours.

Downdetector and other outage tracking sites show a noticeable spike in user reports for Cinemark services, with the majority of complaints centered on the mobile app (around 67%) followed by website access (21%) and checkout problems (7%). While not a complete global outage, the volume of reports is significantly higher than baseline for this time of day, frustrating customers trying to purchase tickets for evening showtimes.

Users across the U.S. and some international locations described being unable to load showtimes, complete purchases, or even log into their Cinemark Movie Rewards accounts. Social media platforms quickly filled with posts from moviegoers encountering error messages such as “Something Went Wrong” when attempting to browse films like Lee Cronin’s “The Mummy” or upcoming releases including the Michael Jackson biopic “Michael.”

Cinemark, one of the nation’s largest theater chains with hundreds of locations, has not yet issued an official statement acknowledging the issue as of late Saturday. Its main website, cinemark.com, intermittently displays normal pages for some users but returns errors or fails to load for others. The mobile app, recently updated on April 14, appears particularly affected, with reports of frozen loading screens or failed ticket transactions.

The timing could not be worse for the exhibition industry. Saturday nights typically see heavy online traffic as families and groups finalize plans for new releases. With spring blockbusters and horror titles drawing crowds, any disruption to digital ticketing forces customers toward box office lines or alternative platforms, potentially costing the chain revenue and goodwill.

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This is not Cinemark’s first digital hiccup in 2026. Earlier incidents, including a notable app outage on February 10 and scattered problems in early April, highlighted ongoing challenges with the company’s online infrastructure. Industry analysts note that theater chains have poured resources into digital upgrades since the pandemic, but high concurrent usage during peak periods continues to expose vulnerabilities in cloud services, payment gateways or backend systems.

Cinemark has invested in modernizing its ticketing experience, including enhanced mobile features and integration with its loyalty program. However, like competitors AMC and Regal, it must balance these improvements against rising operational costs and competition from streaming services. The chain reported solid box office momentum during the recent Easter period, but sustained technical reliability remains critical for retaining customers who expect seamless online booking.

For affected users, common troubleshooting steps include refreshing the page, clearing browser cache and cookies, updating the app to the latest version, or trying a different device or network. Some reported success by switching from Wi-Fi to mobile data or vice versa. Others resorted to calling individual theater locations directly to check availability and purchase tickets over the phone, though this option varies by site and can lead to longer wait times.

Cinemark’s stock (NYSE: CNK) showed little immediate reaction in after-hours trading on April 17, closing near $30 before the weekend issues emerged. Analysts maintain generally positive outlooks, with price targets ranging from $30 to $36, citing the company’s premium formats like XD screens and recliner seating as competitive advantages. However, repeated digital disruptions could weigh on consumer perception if not resolved quickly.

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The broader movie theater industry faces ongoing pressures in 2026, including uneven box office performance and the need to prove the value of the theatrical experience against at-home viewing options. Major releases still drive strong attendance when they connect with audiences, but technical friction at the point of sale can deter impulse buyers and damage the overall experience.

Cinemark operates theaters across the Americas and has emphasized guest services, including robust support pages for common issues. Its guest services section offers guidance on ticket purchases, rewards and more, but during widespread problems these resources can become overwhelmed or inaccessible.

As Saturday night progresses, moviegoers are advised to monitor Downdetector or Cinemark’s official social channels for updates. In past incidents, such spikes resolved within hours as engineering teams addressed server load or specific bugs. If the issue persists into Sunday, it could impact early showtimes for family-oriented films and further frustrate weekend plans.

Cinemark has not commented publicly on the cause of the current problems. Possible factors include server overload from high weekend traffic, a temporary backend maintenance issue, or a third-party service disruption affecting payment processing or content delivery networks. Similar outages at other entertainment platforms have occasionally stemmed from Cloudflare or related infrastructure problems in recent months.

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For those unable to access the site or app, visiting a physical theater remains an option, though popular screenings may sell out faster without online reservations. Some locations offer walk-up ticketing or self-service kiosks that bypass the digital platforms entirely.

The incident serves as a reminder of the theater industry’s increasing reliance on robust digital infrastructure. As Cinemark and its peers compete for entertainment dollars, seamless ticketing has become table stakes for customer satisfaction. Quick resolution of tonight’s issues will be essential to maintaining trust heading into the busy summer movie season.

Users who continue experiencing problems can report them directly through Downdetector or contact Cinemark guest services once systems stabilize. In the meantime, patience and alternative booking methods may be necessary for those determined to catch a film tonight.

Cinemark’s leadership, including CEO Sean Gamble, has previously stressed the importance of investing in technology to enhance the cinematic experience. Tonight’s outage underscores that ongoing work is still needed to ensure reliability during peak demand.

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As of the latest checks, the situation remains fluid with reports continuing to come in. Movie fans hoping for a smooth evening at the theater are encouraged to check status pages frequently or plan for possible in-person purchases. Cinemark has a strong track record of resolving such issues promptly, but for now many customers are left refreshing their screens and waiting for services to return to normal.

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(VIDEO) Shohei Ohtani Giant Sliding Sculpture Sun Truck Goes Viral in Shibuya for Sekkisei Sunscreen Campaign

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Shohei Ohtani Giant Sliding Sculpture Sun Truck Goes Viral in

SHIBUYA, Japan — A towering blue sculpture of Shohei Ohtani captured mid-slide, clutching a bottle of sunscreen, is turning heads and drawing crowds in one of Tokyo’s busiest districts as the Los Angeles Dodgers superstar’s latest endorsement deal rolls through the streets in a custom promotional truck.

The “Ohtani Sun Truck,” sponsored by Japanese skincare brand Sekkisei, made its presence felt Friday in Shibuya as part of an ongoing SNS campaign. Video footage circulating rapidly on social media shows the white truck navigating congested intersections near the iconic Shibuya Scramble Crossing, its flatbed featuring a life-sized figure of Ohtani in a dramatic baseball slide pose surrounded by stylized blue waves representing sunscreen protection. The sculpture, complete with Ohtani’s signature cap and uniform details, has become an instant photo magnet for passersby.

The campaign, promoted under the hashtag #大谷SUNトラック, highlights Sekkisei’s “Sekkisei Sunscreen” line, one of several high-profile endorsements Ohtani maintains in his native Japan even while starring for the Dodgers in Major League Baseball. The truck’s side panels prominently display the brand’s logo alongside Japanese text announcing the SNS campaign’s rollout, with English phrases like “Ohtani SUN Truck” visible to international visitors.

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Footage shared widely on X shows the truck inching through traffic amid buses, taxis and throngs of pedestrians who stopped to snap photos and videos. Crowds gathered on sidewalks, many holding up phones to capture the spectacle as the vehicle made its way through the bustling area. The promotion underscores Ohtani’s unparalleled star power in Japan, where he remains a national icon years after leaving the Hokkaido Nippon-Ham Fighters for MLB.

Ohtani, 31, has dominated Japanese advertising since his 2018 MLB debut. His endorsements span major brands including Asics, Mizuno, Hugo Boss and now Sekkisei, reflecting his status as one of the country’s most marketable athletes. Industry analysts estimate his annual endorsement income exceeds $50 million, with domestic deals forming a significant portion despite his U.S. residence. The sunscreen campaign taps into Japan’s robust beauty and skincare market, where functional products emphasizing UV protection align perfectly with Ohtani’s active, outdoors-oriented image.

The truck’s design cleverly merges Ohtani’s athletic prowess with product messaging. The sliding pose evokes his base-stealing and fielding highlights, while the blue splash elements symbolize the sunscreen’s protective barrier. Organizers positioned the vehicle in high-traffic areas like Shibuya to maximize visibility during peak shopping and commuting hours. Similar promotional vehicles have appeared in other Tokyo neighborhoods, according to local reports, as part of a broader spring rollout tied to warmer weather and increased outdoor activity.

Social media reactions poured in almost immediately. Users praised the creativity, with one X post describing the truck as “impossible to miss” in central Shibuya. Others noted the absence of Dodgers branding, speculating that Sekkisei opted for a Japan-centric focus to resonate more strongly with domestic consumers. The post quickly amassed hundreds of likes, reposts and views, amplifying the campaign’s reach beyond those physically present.

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Ohtani’s cultural footprint in Japan extends far beyond advertising. Born in Oshu, Iwate Prefecture, he rose to fame as a two-way player for the Fighters before signing a record $700 million contract with the Dodgers in 2023. His 50-50 season in 2024 — 50 home runs and 50 stolen bases — cemented his global superstar status, but back home he remains a symbol of national pride. Japanese media cover his every MLB game extensively, and his endorsements often feature him in familiar settings or with subtle nods to his heritage.

The Sekkisei partnership fits a pattern of brands leveraging Ohtani’s wholesome, high-achieving persona. The company, known for its traditional Japanese herbal skincare formulas, positions the sunscreen as premium protection suitable for athletes and everyday users alike. Marketing materials emphasize UV defense, lightweight feel and suitability for active lifestyles — attributes tied directly to Ohtani’s rigorous training and game-day demands.

Experts in Japanese advertising say such experiential campaigns remain highly effective in a market saturated with digital ads. “Physical activations like branded trucks create memorable, shareable moments that social media then multiplies exponentially,” said one Tokyo-based marketing consultant who requested anonymity to discuss industry trends. “With Ohtani, the emotional connection is already there. People don’t just see a product; they see a hero.”

The campaign arrives as Ohtani continues his 2026 MLB season with the Dodgers. Early reports from spring training and the opening weeks highlighted his continued excellence at the plate and on the mound, fueling speculation about another MVP-caliber year. Japanese fans follow his progress closely, and promotional tie-ins like the Sun Truck help maintain that bond across the Pacific.

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Public response in Shibuya reflected genuine enthusiasm. Pedestrians of all ages paused to admire the sculpture, with families and groups of friends posing for selfies. Some waved at the driver, while others shared live updates on social platforms. The truck’s slow pace through intersections allowed ample viewing time, turning a routine commute into a pop-culture event.

Sekkisei has not released official viewership or engagement figures for the activation, but the rapid spread of user-generated content suggests strong initial impact. Similar past campaigns by Ohtani’s sponsors — from baseball-themed vending machines to limited-edition merchandise — have generated millions of impressions and boosted brand awareness significantly.

The promotion also highlights broader trends in athlete marketing. As global stars like Ohtani command massive audiences, brands increasingly blend digital and real-world experiences to cut through noise. In Japan, where respect for athletes runs deep and consumer loyalty to domestic brands remains strong, such activations reinforce cultural ties even as Ohtani thrives abroad.

For Ohtani himself, the deal represents another layer of his carefully managed public image. He rarely appears in person for these activations, allowing the creative elements — like the sliding sculpture — to carry the message. This approach preserves his focus on baseball while still capitalizing on his marketability.

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As the Sun Truck continues its route through Tokyo, it serves as a vivid reminder of Ohtani’s enduring appeal. Whether navigating Shibuya’s chaotic streets or dominating MLB diamonds, the two-way phenom continues to captivate audiences on both sides of the Pacific. The campaign’s viral spread on platforms like X ensures that even those far from Japan can experience the spectacle.

Industry watchers expect more activations tied to Ohtani’s endorsements throughout the 2026 season, especially around key milestones like All-Star voting or playoff pushes. For now, Shibuya residents and visitors have a larger-than-life tribute rolling through their streets — proof that Ohtani’s star continues to shine brightly, even when he’s thousands of miles away.

The Sekkisei Sun Truck campaign exemplifies how one of baseball’s biggest names remains deeply embedded in Japanese popular culture. As crowds continue gathering and videos keep circulating, the giant sliding sculpture stands as both product placement and cultural touchstone, blending commerce, sports and national pride in a single memorable drive through Tokyo’s beating heart.

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Turkey says US withdrawal from European security architecture could be ’destructive’

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Trump announces reforms to accelerate access to psychedelic drug treatments

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