Capital Goods Construction and Engineering

  • LONDON, Dec 9- Britain's trade deficit narrowed more than expected in October but overall there was little sign exports were getting much help from sterling's fall since Britain voted to leave the European Union in June, data showed on Friday. The Office for National Statistics said on Tuesday it had been misclassifying trade in gold since January 2015.

  • LONDON, Dec 9- Britain's trade deficit narrowed more than expected in October but overall there was little sign exports were getting much help from sterling's fall since Britain voted to leave the European Union in June, data showed on Friday. The Office for National Statistics said on Tuesday it had been misclassifying trade in gold since January 2015.

  • MEXICO CITY, Dec 7- A consortium including billionaire Carlos Slim's building unit submitted the lowest bid on Wednesday in a tender for the terminal project at Mexico City's new $13 billion airport as the telecoms tycoon looks to edge out two rivals for the deal. The construction arm of Slim's Grupo Carso and his majority-owned FCC, submitted a bid of 84.8...

  • MEXICO CITY, Dec 7- Billionaire Carlos Slim's Carso and FCC presented a joint bid on Wednesday with Spanish firm Acciona and cash-strapped builder ICA to build the terminal of Mexico City's new $13 billion airport. Reuters reported on Tuesday that the group, which includes Mexican firms Constructora Y Edificadora GIA+ A, Promotora y Desarrolladora Mexicana,...

  • SAO PAULO, Dec 7- MRV Engenharia SA expects to more than halve the number of failed home sales in coming months, a sign that efforts by Brazil's No. 1 low-income homebuilder to toughen terms for potential buyers will soon bear fruit, co-Chief Executive Officer Eduardo Fischer said. MRV is up 29 percent this year, in line with a broader index grouping Brazil's main...

  • NEW YORK, Dec 7- Optimism about President-elect Donald Trump's U.S. economic agenda has sent shares of construction and engineering companies soaring, but the stocks may be vulnerable if benefits from infrastructure spending or other policies fall short. Many of the companies also operate predominantly in the United States, so a stronger dollar would not...

  • Choose Mexican over pizza, one analyst told CNBC's Street Signs, and he wasn't strictly talking about takeaways.

  • MEXICO CITY/ MADRID, Dec 6- Mexican tycoon Carlos Slim and construction firm ICA will bid jointly to build a $3.5 billion terminal for Mexico City's new airport, and no longer face competition from Spanish rivals Ferrovial and Dragados, people familiar with the matter said. Reuters reported in October that a consortium led by Carso Infraestructura y...

  • DES MOINES, Iowa— The completion of the Dakota Access oil pipeline has been delayed after the U.S. Army declined to grant an easement for the final few thousand feet under a Missouri River reservoir in North Dakota pending further study. Pipeline company Energy Transfer Partners originally was expected to finish the pipeline before the end of this year, but the...

  • BOISE, Idaho— A $1.65 billion facility will be built at a nuclear site in eastern Idaho to handle fuel waste from the nation's fleet of nuclear-powered warships, the Navy and U.S. Department of Energy announced Tuesday. The new construction will be at the Naval Reactors facility on the Energy Department's southeastern Idaho site that covers about 890-...

  • Dec 6- U.S. luxury homes builder Toll Brothers Inc's revenue increased more than expected for the fifth straight quarter, boosted by higher home sales and average selling prices, and the company also gave an encouraging outlook. Toll Brothers, whose homes can cost upwards of $2 million, on Tuesday also introduced a new line of homes to cater to affluent...

  • BRASILIA, Dec 2- Engineering conglomerate Odebrecht took out full-page advertisements in Brazil's main newspapers on Friday to apologize to Brazilians for its involvement in the country's biggest ever corruption scandal. More than 70 of its executives, including family patriarch and Chairman Emilio Odebrecht and his jailed son and former CEO Marcelo...

  • WASHINGTON— If you were looking for a job last month, you might have found plenty of opportunities in white-collar offices, health care, construction and restaurants. Those sectors hired at a brisk clip, with "professional services" and "education and health" adding 107,000 jobs in November— 60 percent of all the net positions the economy gained.

  • NICHOLS, N.Y.— The first of four planned casinos opened with a flurry of balloons, confetti and uncertain visions of economic resurgence on Friday as New York ushered in a new era of state-sanctioned gambling aimed at reversing decades of upstate decline. With 944 slot machines, 33 table games and an adjacent 161- room hotel under construction, Tioga Downs Casino...

  • BRASILIA, Dec 1- Engineering firm Odebrecht SA signed a roughly 6.7 billion real leniency deal on Thursday with prosecutors in Brazil's biggest graft case while nearly 80 employees of the company signed plea bargains, sources said. The money will be divided between authorities in the United States, Switzerland and Brazil, which would be the main beneficiary.

  • BRASILIA, Dec 1- Engineering firm Odebrecht SA signed a 6.7 billion real leniency deal on Thursday with prosecutors in Brazil's biggest graft case, opening the way for 77 executives to conclude plea bargains, a source at the prosecutors office said. The money will be divided between the United States, Switzerland and Brazil, which would be the main beneficiary.

  • Dec 1- Cummins Inc, a U.S. manufacturer of engines for large trucks, is preparing to explore the sale of a business that makes filters and coolants, potentially valuing it at more than $1.5 billion, according to people familiar with the matter. The move comes as weak heavy-duty truck production in North America and poor global demand for power generation equipment...

  • Construction spending rose 0.5 percent in October following no change in September, the Commerce Department reported Thursday. Trump's plans for increased infrastructure are expected to be revealed when he sends his first budget to Congress early next year. President Barack Obama sought for a number of years to get Congress to approve higher...

  • WASHINGTON, Dec 1- U.S. construction spending increased in October to a seven-month high amid gains in home building and public outlays, and estimates for the prior two months were revised sharply higher, pointing to strength in the sector. The Commerce Department said on Thursday that construction spending increased 0.5 percent in October to $1.173 trillion,...

  • SYDNEY, Nov 30- Australia is watching a much-needed boom in home building turn to rubble after approvals for new projects collapsed in October, a violent turnaround that could undermine policymakers' hopes for solid economic growth next year. Shock figures from the Australian Bureau of Statistics on Wednesday showed approvals to build new homes sank 12.6...