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  • LONDON, July 29- Britain is to launch a new review into a project led by French energy company EDF to build two new nuclear reactors, which would be the country's first new nuclear plant in decades. The 18 billion-pound nuclear reactors carry commercial risks for both France and Britain. EDF will assume the up-front costs, which unions say could jeopardize the...

  • LONDON, July 29- Britain's government has said it will launch a new review into a controversial project to build two new nuclear reactors led by French utility EDF, the country's first new nuclear plant in decades. But in a surprise move, the government of Britain's new Prime Minister Theresa May said it wanted to give the project further consideration.

  • SCOTTSDALE, Ariz. _ A V Homes Inc. on Thursday reported second-quarter net income of $117.4 million, after reporting a loss in the same period a year earlier. A V Homes shares have increased almost 7 percent since the beginning of the year. Keywords: A V Homes, Earnings Report.

  • BOSTON, July 28- Activist hedge fund Marcato Capital Management announced its second big investment in a week on Thursday, saying it snapped up a 5.1 percent stake in crane and heavy equipment manufacturer Terex Corp.. Hepler specialized in industrials while working for famed activist investor Ralph Whitworth's Relational Investors.

  • Board votes 10-7 in favour of Hinkley Point- source. *Hinkley Point a priority for French, UK governments. PARIS, July 28- The board of French utility EDF on Thursday narrowly voted to proceed with a controversial project to build two nuclear reactors in Hinkley Point, Britain- the country's first new nuclear plant in decades.

  • PARIS, July 28- French utility EDF said in a statement that its board of directors had given the company's president the go-ahead to sign all contracts and agreements necessary to build the two nuclear reactors at Hinkley Point in south-west England. It added in the statement on Thursday that this decision clears the way for EDF to sign contracts with the...

  • LONDON, July 28- Shockwaves from Britain's vote to leave the European Union rocked the economy on Thursday, with thousands of jobs lost at one of the country's biggest banks, consumer confidence plunging, and construction and car sales slowing. Preparing for a Brexit-related slowdown, Lloyds Banking Group said it would cut a further 3,000 jobs and one of...

  • LONDON, July 28- Shockwaves from Britain's vote to leave the European Union are reverberating through the economy, with surveys published on Thursday showing a dive in consumer confidence and a slowdown in construction. Preparing for a Brexit-related slowdown, Lloyds Banking Group said it would cut 3,000 jobs and one of Britain's biggest car dealerships,...

  • LONDON, July 28- Shockwaves from Britain's vote to leave the European Union are reverberating through the economy with surveys published on Thursday showing a sharp dive in consumer confidence and a slowdown in the construction sector. A month after the Brexit vote, the latest signals of a sharp economic slowdown are likely to add to expectations of action...

  • Justices issued a 6-1 decision saying O&G Industries of Torrington is immune from the lawsuit under state law because the contractor bore the cost of workers' compensation benefits paid to the two employees, who worked for subcontractors. The Supreme Court rejected arguments by the workers, James Thompson and James McVay, that O&G Industries didn't actually...

  • COLUMBUS, Ohio _ M/I Homes Inc. on Wednesday reported second-quarter net income of $15.9 million. M/I Homes shares have fallen 5.5 percent since the beginning of the year. Keywords: M/I Homes, Earnings Report.

  • WASHINGTON, July 26- U.S. consumer confidence held steady in July and new single-family home sales hit their highest level in nearly 8-1/ 2 years in June, suggesting sustained momentum in the economy. The largely unchanged data followed Britain's stunning vote last month to leave the European Union, which rattled global financial markets and led to a dip in other...

  • WASHINGTON— Americans bought new homes in June at the fastest pace in more than eight years, a sign that a solid job market and low mortgage rates are bolstering the U.S. housing market. The Commerce Department said Tuesday that new-home sales rose 3.5 percent last month to a seasonally adjusted rate of 592,000, the best level since February 2008.

  • WASHINGTON, July 26- New U.S. single-family home sales rose more than expected in June, reaching their highest level in nearly 8-1/ 2 years, the latest sign that the housing market was gathering momentum. The Commerce Department said on Tuesday new home sales increased 3.5 percent to a seasonally adjusted annual rate of 592,000 units last month, the highest level...

  • WASHINGTON— U.S. home prices extended their steady upward march in May, spurred by rising sales and a dwindling supply of available houses. "Sellers are in the driver's seat, as buyers contend with fierce competition and very fast-moving markets," Svenja Gudell, chief economist at real estate data provider Zillow, said. Portland, Oregon, Seattle, and Denver posted...

  • WASHINGTON— The Commerce Department reports on sales of new homes for June at 10 a.m. Eastern Tuesday. SALES BUMP: Economists believe sales improved 1.6 percent last month to a seasonally adjusted annual rate of 560,000, according to a survey by the data firm FactSet. In May, the median sales price rose 1 percent from a year ago to $290,400.

  • ABU DHABI, United Arab Emirates— The United Arab Emirates might not seem like an obvious spot to begin and end a globe-spanning flight promoting renewable energy. One way is by backing the Solar Impulse 2 solar plane, which ended its groundbreaking round-the-world flight on Tuesday in Abu Dhabi and counts Emirati renewable-energy company Masdar among its...

  • SAO PAULO/ LIMA, July 21- Lenders could accelerate the disbursement of a $4.125 billion loan to Peruvian gas pipeline operator Gasoducto Sur Peruano GSP SA if Brazilian engineering group Odebrecht SA fully exits the project overseeing the construction of the pipelines, three people familiar with the matter said on Thursday. Odebrecht, which is ensnared in a...

  • ASUNCION, July 21- Paraguay's central bank said on Thursday the country's economy would expand by 3.5 percent this year, up from a previous forecast of 3.0 percent, boosted by faster growth in livestock, meat and construction output. Paraguay is the world's fourth-biggest soybean exporter. The central bank said domestic consumption and public spending in the...

  • July 21- PulteGroup Inc, the No.3 U.S. homebuilder, reported a 14 percent rise in quarterly profit as it sold more homes at higher prices. The company's net income rose to $117.8 million, or 34 cents per share, in the second quarter ended June 30, from $103.3 million, or 28 cents per share, a year earlier. Total revenue rose about 41 percent to $1.80 billion.