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  • WASHINGTON, Jan 4- U.S. construction spending fell for the first time in nearly 1-1/ 2 years in November as a drop in nonresidential investment offset an increase in housing outlays, pointing to moderate economic growth in the fourth quarter. Construction spending slipped 0.4 percent, the first and also biggest drop since June 2014, after a downwardly revised 0.3...

  • Spain's Abengoa seeks to sell stalled Brazil projects Wednesday, 30 Dec 2015 | 2:29 PM ET

    SAO PAULO, Dec 30- Spain's multinational Abengoa SA said on Wednesday it is seeking buyers to revive transmission-line and other construction projects in Brazil that the company had suspended after filing for creditor protection in Spanish courts. Abengoa is trying to reach an agreement with creditors before a March 28 legal deadline to avoid becoming the...

  • MOSCOW, Dec 30- The son-in-law of Vladimir Putin stands to benefit from $1.75 billion in cheap finance from the Russian state, a Reuters examination of public documents shows. The money will help fund a petrochemical project at a company in which Kirill Shamalov, husband of Katerina Tikhonova, the Russian president's younger daughter, has a significant...

  • India says expects Westinghouse reactor deal in 2016 Wednesday, 30 Dec 2015 | 5:02 AM ET

    NEW DELHI, Dec 30- India confirmed on Wednesday that it was on track to seal a deal in 2016 with Westinghouse Electric Co LLC to build six nuclear reactors, in a sign the country's $150 billion nuclear power programme is getting off the ground. India also said that it had a deal to build at least 12 other reactor units with Russian collaboration, and that the federal...

  • These are the latest workplace design trends Tuesday, 29 Dec 2015 | 7:45 PM ET
    These are the latest workplace design trends

    Martin Lee, principal at Hassell, says there is a growing trend for "activity-based workplaces," a concept that means work spaces are designed for specific tasks.

  • *Topix's rebalancing may contribute to volume rise after 3 Japan Post stocks to be added to index- traders. The construction sector attracted buying, with Kumagai Gumi jumping 6.7 percent after Daiwa Securities raised its rating to' buy' from' outperform', citing its strong first-half operating profit and brisk domestic construction demand.

  • *Topix's rebalancing may contribute to volume rise after 3 Japan Post stocks to be added to index- traders. The construction sector attracted buying, with Kumagai Gumi jumping 6.7 percent after Daiwa Securities raised its rating to' buy' from' outperform', citing its strong first-half operating profit and brisk domestic construction demand.

  • U.S. new home sales rise in November; momentum slows Wednesday, 23 Dec 2015 | 10:01 AM ET

    WASHINGTON, Dec 23- New U.S. single-family home sales in November rose less than expected and the prior month's increase was revised down, suggesting some loss of momentum in the housing market. The Commerce Department said on Wednesday sales increased 4.3 percent to a seasonally adjusted annual rate of 490,000 units. Sales of previously owned homes tumbled...

  • *India set to ratify global treaty on compensation. NEW DELHI, Dec 23- India expects to seal a contract with Westinghouse Electric Co LLC to build six nuclear reactors in the first half of next year, a senior government official said, in a sign its $150 billion dollar nuclear power programme is getting off the ground. But hopes that reactor makers would get billions...

  • *Germany still faces housing shortages in some cities. NEUKIRCH, Germany, Dec 23- Near Germany's southern border, a small family-run construction company is being flooded with orders for its pre-fabricated homes. The family factory in Neukirch, a small town close to Austria and Switzerland, cannot keep up so company chief Joerg Bauer is expanding near the shores...

  • KAMPALA, Dec 22- The World Bank has canceled a $265 million infrastructure project in Uganda after a review found evidence of misconduct by its contractor, including sexual harassment of female workers and road workers having sexual relations with underage girls. The project, which included the construction of about 225 km of road in western Uganda, began in...

  • Japan Airlines Co Ltd rose 2.7 percent while competitor ANA Holdings Inc added 1.7 percent. The construction sector gained 1.3 percent as Sekisui House Ltd climbed 2.2 percent after Barclays raised its target price to 2,500 yen from 2,100 yen. Taisei Corp added to the gains, rising 1.6 percent after a design submitted by a Taisei- led consortium was chosen as the...

  • IDC: Here are the tech trends to watch in 2016 Sunday, 20 Dec 2015 | 8:39 PM ET
    IDC: Here are the tech trends to watch in 2016

    Bryan Ma, VP of client devices research at IDC, highlights augmented, virtual reality and artificial intelligence as spaces that are receiving a lot of investment from tech giants.

  • BRASILIA, Dec 18- Brazilian President Dilma Rousseff issued a decree on Friday aimed at speeding up a process allowing construction companies involved in a major corruption scandal to regain the right to receive government money, a move she says will protect jobs. More than 30 of the country's top construction and engineering companies, including Odebrecht...

  • SAO PAULO, Dec 18- Creditors of Grupo OAS, the Brazilian engineering firm under creditor protection, agreed on Friday to sell a 24.4 percent stake in infrastructure company Invepar to Brookfield Asset Management Inc for 1.35 billion reais. The filing came after Grupo OAS struggled with the impact of a corruption probe at state-controlled oil producer...

  • LONDON, Dec 18- BG Group and Energy Transfer Partners have gained approval from the U.S. energy regulator for their liquefied natural gas production and export plant in Lake Charles, Louisiana, the companies said. "Lake Charles LNG has the potential to create several thousand jobs during construction and if fully operational could result in approximately 250...

  • More than 30 of the country's top construction and engineering companies, including Odebrecht SA, Queiroz Galvão, OAS, and Galvão Engenharia SA are on a government blacklist for involvement in price-fixing, bribery and political kickbacks at oil company Petroleo Brasileiro SA, or Petrobras, and other state-run firms. Legislation permitting so-called...

  • Marks & Spencer to open first Beijing store Thursday, 17 Dec 2015 | 7:43 AM ET

    LONDON, Dec 17- British clothing and food retailer Marks& Spencer is to open its first store in Beijing on Friday, part of its strategy in China to focus on flagship stores in the largest cities, while expanding online. The firm said the store would build on the growing popularity in Beijing for M&S products through its online sites on Chinese marketplaces...

  • WASHINGTON, Dec 16- U.S. housing starts in November rebounded from a seven-month low and permits surged to a five-month high, signs of strength in the housing market that could give the Federal Reserve more confidence to raise interest rates on Wednesday. "The headwinds remain strong in the manufacturing sector, but the Fed right now is more focused on the strong...

  • *Housing starts increase 10.5 percent in November. WASHINGTON, Dec 16- U.S. housing starts in November rebounded from a seven-month low and permits surged to a five-month high, signs of strength in the housing market that could give the Federal Reserve more confidence to raise interest rates on Wednesday. Groundbreaking jumped 10.5 percent to a seasonally...