Capital Goods Construction and Engineering

  • WASHINGTON, Aug 1- U.S. construction spending fell for a third straight month in June as outlays dropped across the board, suggesting a downward revision to the second-quarter economic growth estimate published last week. Construction spending declined 0.6 percent to its lowest level since June 2015 after an upwardly revised 0.1 percent dip in May, the...

  • LONDON, Aug 1- Britain will continue to seek a strong relationship with China, a spokeswoman for Prime Minister Theresa May said on Monday following the decision last week to delay approval of a partly Chinese-funded nuclear reactor project. But May's spokeswoman said it was natural for the incoming government to want to look at the plans in detail, adding that...

  • LONDON, Aug 1- Britain will continue to seek a stronger relationship with China, a spokeswoman for Prime Minister Theresa May said on Monday following the decision last week to delay approval of a partly Chinese-funded nuclear reactor project. "With the role that China has to play on world affairs, on the global economy, on a whole range of international issues, we...

  • The British government announced on Friday it would review the Hinkley Point C project just hours after the builder, French state-owned utility EDF, voted to approve it, delaying a final decision on the plan just weeks after Britain's vote to leave the European Union ushered in a new prime minister. The Hinkley Point reactor project, which would provide an...

  • LONDON, July 29- Britain's new government has cast doubt over a project with French energy company EDF to build the UK's first new nuclear plant in decades, delaying a decision on the plan just a day after the company's board voted to proceed. Although EDF and Chinese partner China General Nuclear are responsible for the up-front costs of the project, Britain has...

  • 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.

  • 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...

  • 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, 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...

  • Infrastructure Investment

    China State Construction International Holdings (CSI) secured the top spot for the industrial sector in the annual survey. Executive director Hung Cheung Shew explains the firm's growth strategy.

  • Britain's construction industry suffered its worst contraction in seven years ahead of the Brexit vote, according to a survey.

  • When will hyperloop come to market?

    Dirk Ahlborn, CEO of Hyperloop Transportation Technologies, says they are putting together a system to move people using the new transport technology.

  • We are way ahead of what they're doing: HTT CEO

    Dirk Ahlborn, CEO of Hyperloop Transportation Technologies, responds to comments made by the chairman of rival company Hyperloop One.

  • If we lower construction costs, we deliver more homes: CEO

    Northacre CEO, Niccolo Barattieri di San Pietro, says the U.K. government needs to work with developers to deliver more housing supply.