Capital Goods Construction and Engineering

  • HANGZHOU, China, Sept 4- British Prime Minister Theresa May said on Sunday she wanted her security advisers to help review a delayed nuclear power investment from China- a source of diplomatic tension- as she arrived for a G20 summit. May upset Chinese officials in July by delaying a $24 billion project that would see French firm EDF build Britain's first new...

  • *Segro shares fall 2.7 pct to 443 pence at 1221 GMT. Sept 2- Segro Plc, Britain's largest listed industrial property developer, shook off wider Brexit concerns on Friday, raising 325 million pounds to develop new logistics warehouses as "e-retailing" grows across Europe. Property was one of the sectors hardest hit by Britain's June 23 referendum to leave the...

  • LONDON, Sept 2- UK housebuilder Berkeley Group Holdings Plc has halted construction at a 20 million-pound luxury housing project in London, it said on Friday. Berkeley Group declined to say why it stopped construction last month at the Barnes Village scheme in southwest London, where homes were expected to sell for up to 5 million pounds, local residents said.

  • *UK construction PMI tops all forecasts. *PMI adds to signs UK economy holding up after Brexit vote shock. LONDON, Sept 2- Britain's construction industry largely recovered in August from a downturn that started just before June's vote to leave the European Union, according to a survey on Friday that added to signs the economy is stabilizing.

  • *Segro shares fall 2.6 pct to 443.5 pence at 0917 GMT. Sept 2- Segro Plc, Britain's largest listed industrial property developer, shook off wider Brexit concerns on Friday, raising 340 million pounds to develop new logistics warehouses as "e-retailing" grows across Europe. Property was one of the sectors hardest hit by Britain's June 23 referendum to leave the...

  • BEIJING, Sept 2- China's home prices are expected to rise 10 percent this year due to robust demand, but will nearly stall in 2017 as more cities try to curb sharp price rises, a Reuters poll found. China's average nationwide home prices are expected to rise 10.0 percent in 2016 from a year ago, according to the median of forecasts from 11 analysts.

  • WASHINGTON/ MOSCOW, Sept 1- The United States on Thursday added dozens of people and companies to its sanctions blacklist over their actions in Ukraine, including separatists and Russian firms operating in Crimea which was annexed by Russia in 2014.. "Treasury stands with our partners in condemning Russia's violation of international law, and we will continue...

  • WASHINGTON/ MOSCOW, Sept 1- The United States added dozens of people and companies, including separatists and Russian firms operating in Crimea, on Thursday to its sanctions blacklist over their actions in Ukraine, the region annexed by Russia in 2014.. "Treasury stands with our partners in condemning Russia's violation of international law, and we will...

  • WASHINGTON, Sept 1- U.S. construction spending was unexpectedly flat in July as gains in the private sector were offset by steep declines in government outlays, but upward revisions to the prior two months suggested a lift to the second-quarter economic growth estimate. The Commerce Department said on Thursday that the unchanged reading for construction...

  • WASHINGTON, Sept 1- U.S. construction spending was unexpectedly flat in July as gains in the private sector were offset by steep declines in government outlays, but upward revisions to the prior two months suggested a lift to the second-quarter economic growth estimate. The Commerce Department said on Thursday that the unchanged reading for construction...

  • SHANGHAI, Sept 1- China stocks finished lower on Thursday dragged by real estate shares, as official August purchasing managers' index data showed activity slowing in the construction sector. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.8 percent to 3,301.58 points, while the Shanghai Composite Index dropped 0.7 percent to...

  • SYDNEY, Sept 1- Australia has successfully used historically low borrowing costs to spark a boom in home building that has helped shepherd the economy through the dog days of a global mining downturn. Rents were the single biggest factor behind the marked inflation slowdown this year that prompted a reluctant Reserve Bank of Australia to further cut rates to a...

  • *SSEC -0.2 pct, CSI300 -0.3 pct, HSI +0.5 pct. SHANGHAI, Sept 1- China stocks fell on Thursday as investors sold real estate stocks following official August purchasing managers' index data showing activity slowing in the construction sector. This was entirely due to a fall in the construction sector sub-index, "wrote Julian Evans-Pritchard, China economist at...

  • *Private payrolls increase 177,000 in August. WASHINGTON, Aug 31- U.S. private employers maintained a steady pace of hiring in August and contracts to buy previously owned homes surged in July, suggesting the economy was regaining sufficient momentum for the Federal Reserve to raise interest rates this year. "This should give the Fed confidence that the economy...

  • Green Buildings

    Tokyo, Singapore, Hong Kong and Sydney are among the top ten global cities for green buildings, says World Green Building Council's Tai Lee Siang.

  • MONTREAL, Aug 29- Canadian construction and engineering company SNC-Lavalin Group Inc said on Monday it is weighing an offer for its entire business in France, which has about 1,100 employees and manages 17 regional airports in the country. The offer, for an undisclosed amount, comes from a partnership comprising private French companies Impact Holding and...

  • MONTREAL, Aug 29- Canadian construction and engineering company SNC-Lavalin Group Inc said on Monday it is weighing an offer for its entire business in France, which has about 1,100 employees and manages 17 regional airports in the country. The offer, for an undisclosed amount, comes from a partnership comprising private French companies Impact Holding and...

  • YONGIN, South Korea, Aug 29- In Yongin, a satellite city south of Seoul, orange construction cranes are racing to build gleaming new high-rises, but realtor Kim Woong- jib says he is pointing would-be apartment buyers to older buildings. The city of a million people has 5,301 unsold new residential units, government data shows, the most in South Korea and a symptom of a...

  • MEXICO CITY, Aug 25- Mexican construction firm ICA reported on Thursday a much wider loss in the second quarter compared with the year-earlier period, as revenue was nearly halved and financial costs rose. The company, which has not posted a profit since 2013 and has defaulted on multimillion-dollar debt payments, lost 3.36 billion pesos in the April-June...

  • DUBAI, Aug 24- Dubai- listed builder Drake& Scull International has not hired a legal adviser to help to bring a strategic investor into the company, it said on Wednesday. "The company denies the appointment of any legal adviser in connection with bringing in a strategic investor or issuance of mandatory convertible bonds," the company said in a brief statement to...