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Capital Goods Construction and Engineering

  • **Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier& Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. **FirstEnergy Corp said on Thursday it would sell four gas-generating plants in Pennsylvania and portion of a Virginia hydroelectric power station to a...

  • **Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier& Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. **FirstEnergy Corp said on Thursday it would sell four gas-generating plants in Pennsylvania and portion of a Virginia hydroelectric power station to a...

  • *In May 2016, South Korea's Daewoo Engineering and Construction Co. announced it and Hyundai Engineering and Construction had agreed to build a $10 billion oil refinery on Iran's southern coast. The company developing the refinery, Bahman Geno, is owned by a Setad unit, Tadbir Energy. A Bahman Geno official said the sides are still conducting negotiations.

  • *Housing starts increase 11.3 percent in December. WASHINGTON, Jan 19- U.S. homebuilding rebounded more than expected in December as a strengthening economy boosts demand for rental housing. Housing starts jumped 11.3 percent to a seasonally adjusted annual rate of 1.23 million units last month, the Commerce Department said.

  • Jan 19- The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Thursday:. **U.S. buyout firm Bain Capital has joined Key Safety Systems in the U.S. auto parts supplier's bid to rescue Takata Corp, a source said, as the Japanese firm struggles for survival after a massive recall linked to its faulty air bags. **Lotte Chemical Corp is looking...

  • Jan 19- The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Thursday:. **U.S. buyout firm Bain Capital has joined Key Safety Systems in the U.S. auto parts supplier's bid to rescue Takata Corp, a source said, as the Japanese firm struggles for survival after a massive recall linked to its faulty air bags. **Lotte Chemical Corp is looking...

  • WASHINGTON, Jan 19- U.S. homebuilding rebounded more than expected in December, suggesting that the housing market contributed to economic growth in the fourth quarter. Housing starts jumped 11.3 percent to a seasonally adjusted annual rate of 1.23 million units last month, the Commerce Department said on Thursday. November's starts were revised up to a 1.10...

  • Jan 19- The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Thursday:. *U.S. buyout firm Bain Capital has joined Key Safety Systems in the U.S. auto parts supplier's bid to rescue Takata Corp, a source said, as the Japanese firm struggles for survival after a massive recall linked to its faulty air bags. **Lotte Chemical Corp is looking...

  • Jan 19- The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Thursday:. *U.S. buyout firm Bain Capital has joined Key Safety Systems in the U.S. auto parts supplier's bid to rescue Takata Corp, a source said, as the Japanese firm struggles for survival after a massive recall linked to its faulty air bags. **Lotte Chemical Corp is looking...

  • LONDON, Jan 19- Britain's housing market had its weakest month since just after June's Brexit vote in December as house price growth slowed and the number of homes sold fell slightly, a closely watched survey of property valuers showed on Wednesday. The resilience of Britain's housing market since the referendum decision to leave the European Union has...

  • LIMA, Jan 18- Peru is freezing Camargo Correa SA's bank accounts as it investigates the Brazilian engineering company for possible corruption, the attorney general's office said late on Tuesday. Authorities will also freeze the accounts of companies linked to businessman Gonzalo Monteverde, who is suspected of helping Brazilian construction companies...

  • SAO PAULO, Jan 17- Brazil's government and homebuilders are nearing an agreement on new industry rules giving companies the right to keep a defined share of the value of the home in the event of a canceled purchase, according three people briefed on the matter. A meeting to confirm the potential agreement was scheduled to take place on Tuesday in Brasília but was...

  • Drilling engineer

    Grads with this degree are notoriously well paid — but not everywhere. The best and worst worst countries on pay.

  • BRAZIL'S GOVERNMENT, HOMEBUILDERS NEAR AGREEMENT FOR REVAMPING POLICY ON HOME SALES CANCELLATIONS- SOURCE.

  • SAO PAULO, Jan 17- Brazil's government and homebuilders are expected to agree on new industry rules as early as Tuesday giving companies the right to keep a defined share of the value of the home in the event of a canceled purchase, according to a person with direct knowledge of the talks. The talks underscore attempts to define clearer rules, and mitigate the...

  • A worker directs a bulldozer loaded with pebbles that will serve as the base for new concrete highway slabs as a re-decking construction project continues on Interstate-95 northbound in Philadelphia.

    Trump’s plan to goose infrastructure spending offers investment opportunities, said Ding Xuedong, chairman of China’s sovereign wealth fund.

  • KADUNA, Nigeria Jan 16- A new terminal at northern Nigeria's Kaduna airport is still under construction with cables hanging from ceilings less than two months before it is due to become an aviation hub when the capital's airport closes temporarily for runway repairs. Nigeria plans to shut Abuja airport for six weeks from March 8 to repair its runway and divert...

  • MOSCOW, Jan 16- An ally of Russian President Vladimir Putin has been asked to step in to build a railway link between Russia and annexed Crimea after low margins and the risk of Western sanctions put off other builders, industry sources told Reuters on Monday. The 17- billion-rouble contract is for a railway to connect the Russian rail network with what some...

  • Xi, on a state visit to Switzerland before a keynote speech at the World Economic Forum in Davos, said China's economy, with growth expected at 6.7 percent in 2016, was entering a "new normal", and Swiss firms could help it improve quality, and become more efficient, equitable and sustainable. "In terms of intellectual manufacturing, finance, insurance, energy...

  • The pan-European STOXX 600 index was up 0.2 percent, while blue-chip FTSE 100 hit a record high of 7,289.79, up 0.2 percent, and was headed for the best winning streak in its history. "The FTSE has not exploded higher, it has inched higher," said Michael Hewson, CMC Markets analyst. "UK supermarkets seem to be in rude health following bullish statements from both...