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Capital Goods Construction and Engineering

  • PARIS, March 30- Areva's nuclear foundry, under investigation for forging documents, should be able to restart by this summer and will be upgraded to make the largest nuclear components, a top company executive said on Thursday. Bernard Fontana, director of Areva's reactor unit Areva NP, told reporters on Thursday the company would not only ensure the foundry's...

  • LONDON, March 30- Toshiba's Westinghouse, which filed for bankruptcy on Wednesday, has won approval for its AP1000 reactor design, Britain's nuclear regulator said on Thursday. The Office for Nuclear Regulation approval is needed before the design can be used at NuGeneration Ltd's Moorside new nuclear project in north west England, which consists of three...

  • LONDON, March 30- Toshiba's Westinghouse, which filed for bankruptcy on Wednesday, is on track to win approval for its AP1000 reactor design by the end of March, Britain's nuclear regulator said. The approval is necessary before the reactor can be used at NuGen's Moorside new nuclear project in north west England, which could generate around 7 percent of...

  • LONDON, March 30- Toshiba's Westinghouse, which filed for bankruptcy on Wednesday, is on track to win approval for its AP1000 reactor design by the end of March, Britain's nuclear regulator said. The approval is necessary before the reactor can be used at NuGen's Moorside new nuclear project in north west England, which could generate around 7 percent of...

  • LONDON, March 30- Toshiba's Westinghouse, which filed for bankruptcy on Wednesday, is on track to win approval for its AP1000 reactor design by the end of March, Britain's nuclear regulator said. The approval is necessary before the reactor can be used at NuGen's Moorside new nuclear project in north west England, which could generate around 7 percent of...

  • LONDON, March 30- Toshiba's Westinghouse, which filed for bankruptcy on Wednesday, is on track to win approval for its AP1000 reactor design by the end of March, Britain's nuclear regulator said. The approval is necessary before the reactor can be used at NuGen's Moorside new nuclear project in north west England, which could generate around 7 percent of...

  • *FTSE 100 up 0.1 pct. The FTSE 100 gained 0.1 percent as the market awaited further details of negotiating positions of Britain and the European Union after they formally embarked on complex talks towards Brexit on Wednesday. Britain was to set out its plan for converting EU laws into domestic law in a White Paper later in the day, and EU Council President Donald...

  • SHANGHAI, March 30- China's State Power Investment Corp said Westinghouse's bankruptcy filing would not have a "substantial impact" on the country's nuclear plans and the two sides would ensure a key AP1000 reactor project would be completed on schedule this year. The project is the world's first Westinghouse-designed AP1000 reactor project, being built at...

  • *Westinghouse secures $800 mln in debtor-in-possession financing. WILMINGTON, DEL./ TOKYO, March 29- Westinghouse Electric Co, a unit of Japanese conglomerate Toshiba Corp, filed for bankruptcy on Wednesday, hit by billions of dollars of cost overruns at four nuclear reactors under construction in the U.S. The four reactors are part of two projects known as V.C....

  • March 29- If utilities in Georgia or South Carolina decide not to complete nuclear power reactors under construction by Westinghouse Electric Co following its bankruptcy, those units would join a long list of abandoned U.S. nuclear projects. Westinghouse, a unit of Japanese conglomerate Toshiba Corp, is building two reactors for Georgia Power and partners at...

  • *Westinghouse secures $800 mln in debtor-in-possession financing. WILMINGTON, DEL./ TOKYO, March 29- Westinghouse Electric Co, a unit of Japanese conglomerate Toshiba Corp, filed for bankruptcy on Wednesday, hit by billions of dollars of cost overruns at four nuclear reactors under construction in the U.S. Westinghouse and affiliates intend to use bankruptcy...

  • March 28- Electric bills in Georgia and South Carolina could rise more than customers expect if state utilities are left stranded by a Westinghouse Electric Co bankruptcy filing expected this week, consumer advocates said. U.S. nuclear developer Westinghouse is the lead contractor building two nuclear reactors each in Georgia and South Carolina, both of...

  • CORRECTED-SHARES OF MEXICAN CONSTRUCTION FIRM ICA GAIN MORE THAN 20 PCT AFTER POSTING FOURTH QUARTER PROFIT, TRADING SUSPENDED.

  • SHARES OF MEXICAN CONSTRUCTION FIRM ICA FALL MORE THAN 20 PCT AFTER POSTING FOURTH QUARTER PROFIT, TRADING SUSPENDED.

  • HONG KONG, March 28- China Evergrande Group, sitting on corporate China's second-biggest debt pile, on Tuesday vowed to enhance debt control from 2017 by repaying most of its high-interest loans, and said it was confident its leverage ratio will fall after strong sales and an A-share backdoor listing this year. The country's largest homebuilder said it has...

  • *Core profit up 89 percent at 20.81 billion yuan. *Total borrowings rise 80 percent to 535.1 billion yuan. The homebuilder also said its total borrowings rose 80 percent to 535.1 billion yuan, while perpetual capital instruments- high-interest debt "disguised" as equity- rose 49 percent to 112.9 billion yuan.

  • SHANGHAI, March 27- Chinese state firms have expressed an interest to develop land around the Panama Canal, the chief executive of the vital trade thoroughfare said, underlining China's outward push into infrastructure via railways and ports around the world. China's state firms have in recent years already chalked up investments in key logistics nodes,...

  • SAO PAULO, March 24- Cyrela Brazil Reality SA expects high levels of sales cancellations during the current first quarter, a sign Brazil's largest homebuilder continues to struggle with the impact of a multi-year downturn in domestic construction. Cancellations tended to be higher in markets in the North and Northeast of Brazil. Still, Brazil's bleak...

  • WASHINGTON, March 23- New U.S. single-family home sales jumped to a seven-month high in February, suggesting the housing market recovery was gaining momentum despite higher prices and rising mortgage rates. "New home sales are the secret sauce that helps make the economy grow," said Chris Rupkey, chief economist at MUFG Union Bank in New York.

  • WASHINGTON, March 22- U.S. home resales fell more than expected in February amid a persistent shortage of houses on the market that is pushing up prices and sidelining prospective buyers. The National Association of Realtors said on Wednesday existing home sales declined 3.7 percent to a seasonally adjusted annual rate of 5.48 million units last month after...