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Industrials Capital Goods

  • March 27- French aerospace equipment maker Latecoere expects recurring operating profits to grow in 2017, as restructuring measures offset an overall decrease in its business. The company said on Monday that it expected business to decline by around six percent in 2017, but nevertheless predicted a slight increase in recurring operating profits.

  • SEATTLE, March 24- A U.S. tax overhaul proposed by Republican leaders in Congress would deepen divisions between big manufacturers like Boeing Co and the thousands of smaller companies that supply them, according to suppliers and tax and trade experts. Aerospace components often zigzag through multiple countries and companies before reaching Boeing's...

  • *BOJ seen keeping policy steady at two-day meeting, March 15-16. TOKYO, March 13- Japan's core machinery orders unexpectedly fell in January from the previous month and dipped the most in five months, adding to worries about whether recent signs of economic recovery will be sustainable. I am somewhat worried, but machinery orders are volatile so it's necessary to...

  • *BOJ seen keeping policy steady at two-day meeting, March 15-16. TOKYO, March 13- Japan's core machinery orders unexpectedly fell in January from the previous month and dipped the most in five months, adding to worries about whether recent signs of economic recovery will be sustainable. I am somewhat worried, but machinery orders are volatile so it's necessary to...

  • *Jan core orders -3.2 pct m/m vs forecast +0.5 pct. *BOJ seen keeping policy steady at two-day meeting, March 15-16. TOKYO, March 13- Japan's core machinery orders unexpectedly fell in January from the previous month, highlighting that the country's economic recovery remains fragile.

  • TOKYO, March 13- Japan's core machinery orders fell 3.2 percent in January from the previous month, government data showed on Monday. The fall in core orders, a highly volatile data series regarded as an indicator of capital expenditure in the coming six to nine months, compared with economists' median estimate of a 0.5 percent increase. Compared with a year...

  • *Brexit reshaping Britain's housebuilding industry. March 9- The prospect of Brexit choking off the supply of EU workers is reshaping Britain's homebuilding industry, with big companies increasingly looking to factory-manufacture houses in sections that can be slotted together on-site with minimal labor. Many of Britain's leading housebuilders,...

  • MELBOURNE, March 9- The rise of wind and solar power in Australia was supposed to be the death knell for coal use in the world's biggest exporter of the fossil fuel, but the shunned fuel is finding a new lease of life and may yet attract subsidies to keep the lights on. Supplies are set to tighten with France's Engie SA closing Australia's dirtiest power station,...

  • Feb 24- Buyout firm KKR& Co LP is preparing an initial public offering of Gardner Denver Inc that could value the U.S. industrial machinery maker at between $6 billion and $7 billion including debt, according to people familiar with the matter. Gardner Denver may register its IPO with the U.S. Securities and Exchange Commission as early as next week, the people said...

  • Feb 23- Newly promoted to CEO at Nissan Motor, Hiroto Saikawa will bring a gruff, tough, no-nonsense approach to leading Japan's second-biggest car maker at a time of rapid technological change in the industry. The 63- year-old takes over in April from Carlos Ghosn, who engineered Nissan's recovery from years of losses and debt through broad cost-cutting and...

  • BIRMINGHAM, England, Feb 9- In a small factory in a suburb of Birmingham in central England, family-owned Brandauer manufactures a tiny metal component used in the control panel of a car airbag. From raw material to electrical connector pin in the airbag of a finished car, it will travel between Britain and the European continent as many as five times during the...

  • *Dec core orders +6.7 pct m/m vs forecast +3.1 pct. TOKYO, Feb 9- Japan's core machinery orders rebounded more than expected in December from the prior month's fall and are seen rising again this quarter- an encouraging sign of a pick-up in capital expenditure. "Capital expenditure is picking up due to a recovery in exports, and it will gather momentum in the coming...

  • *Dec core orders +6.7 pct m/m vs forecast +3.1 pct. *Core orders +6.7 pct yr/yr vs forecast +4.6 pct. TOKYO, Feb 9- Japan's core machinery orders rebounded more than expected in December from the prior month's fall and are seen rising again this quarter- an encouraging sign of a pickup in capital expenditure.

  • TOKYO, Feb 9- Japan's core machinery orders rose 6.7 percent in December from the previous month, swinging from the prior month's decline, in a tentative sign of pickup in capital expenditure, government data showed on Thursday. The rise in the core orders, a highly volatile data series regarded as an indicator of capital spending in the coming six to nine months,...

  • *Data shows China exceeded targets for reducing 2016 output. BEIJING/ SHANGHAI, Jan 19- The new year has ushered in a new round of capacity cuts as China tries to combat excess in its bloated steel and coal sectors, but the moves are a drop in the ocean in the nation's long struggle to make its heavy industry more efficient. For years, Beijing has been seeking to cut the...

  • *Nov core orders -5.1 pct m/m vs forecast -1.7 pct. TOKYO, Jan 16- Japan's core machinery orders fell in November at the fastest pace in seven months in a sign that some companies may be turning cautious about capital expenditure because of uncertainty over domestic and overseas demand for goods and services. President-elect Donald Trump may adopt...

  • TOKYO, Jan 16- Japan's core machinery orders fell 5.1 percent in November from the previous month in a sign companies could turn cautious on capital expenditure, government data showed on Monday. The fall in core orders, a highly volatile data series regarded as an indicator of capital expenditure in the coming six to nine months, compared with economists' median...

  • TOKYO, Jan 16- Japan's core machinery orders fell 5.1 percent in November from the previous month in a sign could turn cautious on capital expenditure, government data showed on Monday. The fall in core orders, a highly volatile data series regarded as an indicator of capital expenditure in the coming six to nine months, compared with economists' median estimate...

  • TOKYO, Jan 13- A Reuters poll on Friday found Japan's machinery orders were expected to fall in November, the first decline in two months, suggesting firms remain cautious about capital spending. "The yen has weakened rapidly following the presidential election in the United States, but manufacturers will likely keep their wait-and-see stance because of...

  • MEXICO CITY, Jan 10- Mexico's oil company, Pemex, is struggling to supply gas stations around the northern border city of Mexicali because of a blockade at a storage site, part of sometimes violent protests and looting over a gasoline price hike. In a post on Twitter on Tuesday afternoon, Pemex said its ability to supply gas stations in Mexicali, across the border...