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  • BRASILIA, July 6- Brazil's federal police on Wednesday said it served nine arrest warrants in two states as part of a corruption investigation into a nuclear power plant in Rio de Janeiro. In a statement, police said engineering companies colluded to overcharge Eletronuclear for the construction of the Angra 3 plant near Rio de Janeiro. Eletronuclear expects...

  • NEW YORK, July 5- The safe-haven yen rose sharply against the euro and dollar while sterling fell to its lowest in more than 30 years on Tuesday, as currency markets fretted about more signs of economic stress stemming from Britain's decision to leave the European Union. After a disappointing reading of construction industry sentiment on Monday, the PMI survey...

  • *All eyes on UK data, Bank of England Governor. After a shockingly bad reading of construction industry sentiment on Monday, analysts worry the PMI survey of purchasing managers in Britain's dominant service sector, due at 0930 GMT, will add to growing worries about the economy after the vote to leave the European Union. "The data this morning in the UK is going to be...

  • July 4- The U.S. office vacancy rate fell to 16.0 percent in the second quarter, the lowest in seven years, research firm Reis Inc said on Monday. The next few months will be pivotal for both the labor market and the office space market, " Ryan Severino, the firm's senior economist and director of research, said in a statement. New York and Washington D.C. remained the...

  • LONDON, July 4- Britain's beleaguered pound inched up against the dollar and euro in thin trade on Monday, but stayed within 2 cents of the 31- year low it hit a week ago after Britain's vote to leave the European Union. Earlier, it was knocked by data that showed Britain's construction sector PMI survey suffered its worst contraction in seven years in the run up to...

  • LONDON, July 4- Britain's beleaguered pound inched up against the dollar and euro in thin trade on Monday, but stayed within 2 cents of the 31- year low it hit a week ago after Britain's vote to leave the European Union. Earlier, it was knocked by data that showed Britain's construction sector PMI survey suffered its worst contraction in seven years in the run up to...

  • PARIS, July 4- French power utility EDF on Monday stuck to its plans to build a nuclear reactor complex at Hinkley Point in southern England, saying Britain's referendum vote to quit the European Union was no barrier to the plan. The 18 billion pound Hinkley Point project and its implications for the country's main state power company has divided opinion in...

  • LONDON, July 4- Britain's construction industry suffered its worst contraction in seven years in June as concern grew about a referendum on European Union membership, according to a survey that was mostly conducted before Britain voted on June 23 to quit the EU. "This is an absolutely dire survey that fuels serious concern over the construction sector... can only...

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

  • LONDON, July 4- Britain's pound fell against the dollar on Monday after shockingly poor data showed Britain's construction sector PMI survey suffered its worst contraction in seven years in the run up to the vote to leave the European Union. The purchasing managers' survey will add to expectations, stoked by Governor Mark Carney last week, that the Bank of...

  • *ISM manufacturing index rises to 53.2 in June. *New orders, export and employment indexes rise. WASHINGTON, July 1- U.S. factory activity expanded at a healthy pace in June as new orders, output and exports rose, new industry data showed on Friday, providing another sign that U.S. economic growth was regaining its footing after weakness early this year.

  • WASHINGTON, July 1- U.S. factory activity expanded at a healthy pace in June as new orders, output and exports rose, new industry data showed on Friday, providing another sign that U.S. economic growth was regaining its footing after weakness early this year. "Net-net it is a certainly a bit of a mixed picture, a mixed bag, but I think in terms of direction, what is...

  • WASHINGTON, July 1- U.S. factory activity expanded at a healthy pace in June as new orders, output and exports rose, new industry data showed on Friday, providing another sign that U.S. manufacturing was regaining its footing after weakness early this year. But construction spending data for May fell for a second straight month after a steep drop in April,...

  • WASHINGTON, July 1- U.S. construction spending fell for a second straight month in May after the biggest drop in more than five years in April, which could prompt economists to lower their second-quarter growth estimates. Construction spending was down 0.8 percent after a downwardly revised 2.0 percent drop in April, the Commerce Department said on Friday.

  • TOKYO, June 30- Japan's industrial output fell in May at the fastest rate in three months, highlighting concerns about falling exports and doubts about weak consumer spending. Output fell in May due to declines in the production of chemicals, cosmetics, construction equipment and semiconductors, data from the Ministry of Economy, Trade and Industry showed.

  • BEIJING, June 30- China's economy rebounded in the second quarter, with capital expenditures recovering from 5- year lows, a private survey showed on Thursday, as higher government spending helped boost the property and construction sectors. Economists have questioned China's official statistics for years and increasingly turn to private surveys such as...

  • MEXICO CITY, June 27- Carlos Slim's construction arm has teamed up with three local builders to bid for two runways for Mexico City's new airport worth a combined $1.56 billion, sources say, seeking to snap up major infrastructure projects that survived government cuts. Carso Infraestructura y Construccion, which is part of Slim's Grupo Carso, has agreed to form...

  • *Landmark contracts in Turkey, Hungary under threat. PARIS/ MOSCOW, June 26- The $100 billion overseas order book of Russia's nuclear power plant builder Rosatom-- bigger than all its Western competitors combined-- makes it look like the giant in its field. Deal after deal has collapsed in Europe, where individual countries and the European Union as a whole consider...

  • PARIS, June 24- French EDF's main labour union said on Friday that the utility should delay the final investment decision on its 18 billion pound project to build a nuclear plant in Hinkley Point in southern England after Britons voted to quit the European Union. The project is one of the largest French investment projects in Britain and a final investment...

  • KHOBAR, Saudi Arabia, June 23- Embattled Saudi Arabian builder Mohammad Al Mojil Group will continue operating despite the resignation of its board after three people involved with the company were found guilty of fraud, its acting CEO said on Thursday. But CEO Nauman Sohail said the business outlook for the company is improving and the board resignations do...