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Capital Goods Construction and Engineering

  • LONDON, Jan 19- Britain's housing market had its weakest month since just after June's Brexit vote in December as house price growth slowed and the number of homes sold fell slightly, a closely watched survey of property valuers showed on Wednesday. The resilience of Britain's housing market since the referendum decision to leave the European Union has...

  • LIMA, Jan 18- Peru is freezing Camargo Correa SA's bank accounts as it investigates the Brazilian engineering company for possible corruption, the attorney general's office said late on Tuesday. Authorities will also freeze the accounts of companies linked to businessman Gonzalo Monteverde, who is suspected of helping Brazilian construction companies...

  • SAO PAULO, Jan 17- Brazil's government and homebuilders are nearing an agreement on new industry rules giving companies the right to keep a defined share of the value of the home in the event of a canceled purchase, according three people briefed on the matter. A meeting to confirm the potential agreement was scheduled to take place on Tuesday in Brasília but was...

  • Drilling engineer

    Grads with this degree are notoriously well paid — but not everywhere. The best and worst worst countries on pay.

  • BRAZIL'S GOVERNMENT, HOMEBUILDERS NEAR AGREEMENT FOR REVAMPING POLICY ON HOME SALES CANCELLATIONS- SOURCE.

  • SAO PAULO, Jan 17- Brazil's government and homebuilders are expected to agree on new industry rules as early as Tuesday giving companies the right to keep a defined share of the value of the home in the event of a canceled purchase, according to a person with direct knowledge of the talks. The talks underscore attempts to define clearer rules, and mitigate the...

  • A worker directs a bulldozer loaded with pebbles that will serve as the base for new concrete highway slabs as a re-decking construction project continues on Interstate-95 northbound in Philadelphia.

    Trump’s plan to goose infrastructure spending offers investment opportunities, said Ding Xuedong, chairman of China’s sovereign wealth fund.

  • KADUNA, Nigeria Jan 16- A new terminal at northern Nigeria's Kaduna airport is still under construction with cables hanging from ceilings less than two months before it is due to become an aviation hub when the capital's airport closes temporarily for runway repairs. Nigeria plans to shut Abuja airport for six weeks from March 8 to repair its runway and divert...

  • MOSCOW, Jan 16- An ally of Russian President Vladimir Putin has been asked to step in to build a railway link between Russia and annexed Crimea after low margins and the risk of Western sanctions put off other builders, industry sources told Reuters on Monday. The 17- billion-rouble contract is for a railway to connect the Russian rail network with what some...

  • Xi, on a state visit to Switzerland before a keynote speech at the World Economic Forum in Davos, said China's economy, with growth expected at 6.7 percent in 2016, was entering a "new normal", and Swiss firms could help it improve quality, and become more efficient, equitable and sustainable. "In terms of intellectual manufacturing, finance, insurance, energy...

  • The pan-European STOXX 600 index was up 0.2 percent, while blue-chip FTSE 100 hit a record high of 7,289.79, up 0.2 percent, and was headed for the best winning streak in its history. "The FTSE has not exploded higher, it has inched higher," said Michael Hewson, CMC Markets analyst. "UK supermarkets seem to be in rude health following bullish statements from both...

  • *Canadian dollar ends at C $1.3227, or 75.60 U.S. cents. TORONTO, Jan 10- The Canadian dollar ended a touch stronger against its U.S. counterpart on Tuesday as a jump in housing starts offset a drop in oil prices and caution as hearings for U.S. The Canadian dollar settled at C $1.3227 to the greenback, or 75.60 U.S. cents, barely stronger than Monday's close of C $1.3230, or...

  • OTTAWA, Jan 10- Canadian housing starts rose more sharply than expected in December and November building permits were also firmer than anticipated, separate reports showed on Tuesday, suggesting Canada's long housing boom may not be over. Housing starts surged 10.6 percent in the final month of the year, well past already rosy expectations, as builders broke...

  • *Canadian dollar at C $1.3216, or 75.67 U.S. cents. TORONTO, Jan 10- The Canadian dollar edged higher against its U.S. counterpart on Tuesday as oil rose and stronger-than-expected domestic housing starts suggested the country's long housing boom may not yet be over. At 9:17 a.m. ET, the Canadian dollar was trading at C $1.3216 to the greenback, or 75.67 U.S. cents,...

  • The government is due to get commitments from banks over the next two weeks for a $3 billion loan to back the $35 billion airport project, while the exhibition center is estimated to require total financing of around $7 billion, they said. The $3 billion loan for the airport expansion is split between a $2 billion conventional tranche and a $1 billion- equivalent,...

  • MEXICO CITY, Jan 6- A consortium including a construction company controlled by billionaire Carlos Slim has clinched the terminal project at Mexico City's new $13 billion airport, Mexican officials said on Friday. The construction arm of Slim's Grupo Carso and his majority-owned FCC submitted a bid of 84.8 billion Mexican pesos for the project, which is due to...

  • Jan 5- U.S. retail mall vacancies in the fourth quarter were flat from the third at 7.8 percent, indicating that the retail real estate market is finally showing signs of a correction, real estate research firm Reis Inc said in a report. Asking and effective rents rose in the most recent quarter, while rent growth rate was largely unchanged from the third at 0.4...

  • PARIS, Jan 4- French road builder Colas is eyeing higher sales this year as it could benefit from plans for more infrastructure spending in the United States, and in France ahead of local elections, its chief executive said on Wednesday. "There is good news: the U.S. and Canadian infrastructure spending plans and prospects of local elections in France in three years...

  • WASHINGTON, Jan 3- U.S. construction spending rose more than expected in November, reaching its highest level in 10-1/ 2 years, which could provide a lift to fourth-quarter economic growth. The Commerce Department said on Tuesday that construction spending increased 0.9 percent to $1.18 trillion, the highest level since April 2006. Spending on private...

  • FRANKFURT, Dec 29- Berlin's long-delayed new airport is unlikely to open as planned next year, the chief executive told a German newspaper on Thursday, following a report that said completion of the project had been pushed back to 2018.. Despite Germany's reputation for engineering and organisational prowess, red tape and technical problems have repeatedly...