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Construction and Engineering

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  • WASHINGTON, April 22- U.S. home resales fell to their lowest level in more than 1-1/ 2 years in March, but there were signs a recent downward trend that has plagued the housing market may be drawing to an end. The National Association of Realtors said on Tuesday existing home sales slipped 0.2 percent to an annual rate of 4.59 million units.

  • Taiwan govt says to push on with planned nuclear plant Monday, 21 Apr 2014 | 10:41 PM ET

    TAIPEI, April 22- Taiwan's premier has rejected opposition demands to halt construction of a controversial atomic power plant, sparking threats of street protests from anti-nuclear campaigners.

  • BEIJING, April 21- China may sign as early as next year the first of several contracts for eight new nuclear reactors from Westinghouse Electric Co, as the government presses ahead with the world's biggest civilian nuclear power expansion since the 2011 Fukushima disaster in Japan.

  • WASHINGTON, April 16- U.S. housing starts rose but below market expectations and building permits fell in March, pointing to underlying weakness in the housing market that could persist despite improving weather.

  • U.S. housing starts rise less than expected, permits fall Wednesday, 16 Apr 2014 | 8:30 AM ET

    WASHINGTON, April 16- U.S. housing starts rose less than expected in March and building permits fell, pointing to underlying weakness in the housing market that could persist despite better weather. The Commerce Department said on Wednesday groundbreaking increased 2.8 percent to a seasonally adjusted annual rate of 946,000..

  • April 15- Associated Materials Group Inc, a maker of home-building products, said on Tuesday it had decided to withdraw its plans for an initial public offering. Last July, the company, owned by buyout firm Hellman& Friedman LLC, filed with the U.S. Securities and Exchange Commission for an IPO of up to $100 million.

  • Scarce land could blunt recovery for U.S. homebuilders Tuesday, 15 Apr 2014 | 2:08 PM ET

    The Dow Jones U.S. Home Construction index has regained much of the ground lost in the second half of 2013, when rising mortgage rates and wider economic uncertainty broke an 18- month winning streak for homebuilder stocks. The average forecast covers D.R. Horton Inc, PulteGroup Inc, Lennar Corp, KB Home and Toll Brothers Inc..

  • WASHINGTON, April 15- U.S. consumer prices firmed a bit in March, as food and housing rental costs rose in a possible sign that a disinflationary trend had run its course. "The sharp upswing in housing costs could be an early signal of a more sustained push higher in inflation," said Millan Mulraine, deputy chief economist at TD Securities in New York.

  • Warnings fly in tense call between Obama and Putin Tuesday, 15 Apr 2014 | 9:38 AM ET
    President Barack Obama

    President Obama said to President Putin during a phone call that Russia would have to face further sanctions if it continues its actions in Ukraine.

  • MUSCAT, April 15- Oman said it would extend curbs on the hiring of foreign workers in construction and housekeeping as part of efforts to save more jobs for local citizens and limit outflows of money from the economy.

  • PRAGUE, April 14- The Czech Republic wants to continue expanding nuclear energy capacity despite cancelling a tender to build two new units and believes the European Union should be more supportive of atomic power, Industry Minister Jan Mladek said on Monday.

  • SATSUMASENDAI, Japan, April 14- On the main road leading from the Sendai nuclear plant in southern Japan, a construction crew is laying down asphalt to widen the evacuation route in the event of a future disaster.

  • EBBSFLEET, England, April 13- Where Britain's first new town in over 40 years is due to be built there is little more than a gaping hole- a symbol of the huge housing shortage successive governments have failed to fill.

  • *France looking to expand business ties to Latin America. HAVANA, April 12- France's foreign minister met with Cuban President Raul Castro on Saturday during the first visit to the island by such a high-ranking French official in 31 years and a sign of the quickening pace of improving ties between the European Union and Havana.

  • HAVANA, April 12- France's foreign minister arrived in Cuba on Saturday for a brief but historic visit, the first by such a high-ranking French official in 31 years and a sign of the quickening pace of improving ties between the European Union and Havana.

  • KHOBAR, Saudi Arabia, April 9- Major Saudi Arabian construction firm Abdullah A. M. Al-Khodari Sons expects labour reforms to keep weighing on its bottom line for a few more years, but the situation will start improving in the second half of 2014, its chief executive said.

  • *Forward-looking measures of labour demand all flashing green. SYDNEY, April 9- Job losses in manufacturing have dominated Australian headlines-- 350 at BP, 180 at Philip Morris, 300 at Boeing in the past month alone-- but data proven to herald increased hiring tell a much cheerier tale.

  • TORONTO, April 8- Canadian housing starts fell more than expected in March and building permits dropped sharply in February, according to data released on Tuesday that suggests the country's robust housing market is cooling.

  • British engineer Kentz appoints Meg Lassarat CFO Friday, 4 Apr 2014 | 2:42 AM ET

    April 4- Kentz Corporation Ltd, a British engineer focused on the energy sector, said Meg Lassarat would replace Ed Power as chief financial officer. Lassarat was most recently the CFO of Houston- based engineering and field services company UniversalPegasus International. Power would stay on through August to facilitate a smooth transition, Kentz said.

  • PARIS, April 3- A French appeals court has upheld the choice of construction and telecoms conglomerate Bouygues to build a new judiciary complex in northern Paris, dismissing a suit by lawyers loath to leave the city centre. Bouygues won the order from the state over two years ago.