Capital Goods Construction and Engineering

  • LONDON, Aug 2- Sterling trod water against the dollar and euro on Tuesday, as traders awaited a survey from the construction sector that will provide more evidence of how Britain's economy is performing since its vote to leave the EU. The construction PMI is due at 0830 GMT and will be the penultimate piece of data the Bank of England sees before it makes a policy...

  • WASHINGTON, Aug 1- U.S. manufacturing activity eased in July amid shrinking order backlogs and declining employment, while an unexpected drop in construction spending in June suggested second-quarter economic was probably even weaker than reported last week. The Institute for Supply Management's report on Monday also showed manufacturers ramping up...

  • WASHINGTON, Aug 1- U.S. manufacturing activity slowed in July as orders fell broadly, while a drop in construction spending in June suggested a downward revision to the second-quarter economic growth estimate published last week. The Institute for Supply Management said its index of national factory activity slipped 0.6 percentage point to a reading of 52.6...

  • 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...

  • 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...

  • SAO PAULO/ LIMA, July 21- Lenders could accelerate the disbursement of a $4.125 billion loan to Peruvian gas pipeline operator Gasoducto Sur Peruano GSP SA if Brazilian engineering group Odebrecht SA fully exits the project overseeing the construction of the pipelines, three people familiar with the matter said on Thursday. Odebrecht, which is ensnared in a...