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Construction and Engineering

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  • JOHANNESBURG, Sept 23- South Africa's nuclear cooperation deal signed this week with Russia is part of a tender process that will involve other competing countries and is not a contract to build power plants, government officials said on Tuesday.

  • WASHINGTON, Sept 22- U.S. home resales unexpectedly fell in August as investors stepped away from the market, but the decline probably does not signal renewed weakness in the housing sector. The National Association of Realtors said on Monday existing home sales dropped 1.8 percent to an annual rate of 5.05 million units.

  • WASHINGTON, Sept 18- U.S. housing starts and permits fell in August, but upward revisions to the prior month's data suggested the housing market continued to gradually improve. Groundbreaking declined 14.4 percent to a seasonally adjusted annual 956,000- unit pace, the Commerce Department said on Thursday.

  • We're finding money in places we didn't even know existed, " Danny Roderick, chief executive of Toshiba- owned nuclear reactor maker Westinghouse, told Reuters at a nuclear industry conference last week in London.

  • NEW YORK, Sept 17- Housing stocks were solidly outperforming the broader market in the early stages of trading on Wednesday, in the wake of earnings from homebuilder Lennar Corp and upbeat data on the housing market.

  • Sept 17- Lennar Corp, the second largest U.S. homebuilder, reported a better-than-expected 47 percent jump in quarterly profit as it sold more homes at higher prices, and its shares rose as much as 6 percent in premarket trading.

  • Sept 17- Lennar Corp, the second largest U.S. homebuilder, reported a higher-than-expected quarterly profit as it sold more homes at higher prices, and its shares rose about 6 percent in premarket trading.

  • Market leaders Nucor Corp, Commercial Metals Co and Gerdau Long Steel North America sold rebar cheaply to their in-house operations marketing to contractors for big projects, they said. "Nucor and Gerdau are the price leaders and undersold other U.S. producers and each other," said Jay Campbell, of White& Case, a representative for the Mexican producers.

  • UPDATE 2-Finland puts new nuclear plant plan in doubt Monday, 15 Sep 2014 | 12:29 PM ET

    HELSINKI, Sept 15- Finland's economy minister has rejected an application from power utility Teollisuuden Voima to extend the permit for a new nuclear reactor in the west of the country, throwing the project into doubt.

  • WASHINGTON, Sept 11- There is an urgent need to attract home-grown and more diverse engineering talent to the U.S. aerospace and defense industry, the head of the sector's main trade association said on Thursday.

  • 'I am a science geek!': 'Big Bang Theory' actress Thursday, 11 Sep 2014 | 1:17 PM ET

    "Big Bang" actress Mayim Bialik is a self-proclaimed science geek (she has a Ph.D.) and wants to get kids excited about math and science.

  • TORONTO, Sept 10- Jeff Lowry and his family left a sedate housing market in Tennessee last year and moved to Canada in the midst of a housing boom, where bidding wars and soaring prices were an unpleasant reminder of his American roots.

  • MEXICO CITY, Sept 9- Mexican construction companies, including Grupo Ica and billionaire Carlos Slim's Grupo Carso, have formed a consortium to bid on contracts to build a new airport for Mexico City, construction industry group CMIC said on Tuesday.

  • Morgan Stanley plans a start-up—in natural gas Friday, 29 Aug 2014 | 9:32 AM ET

    Morgan Stanley plans to build and run a U.S. compressed natural gas export facility, even as it sells its physical oil business.

  • Big threat to coastal cities isn't getting fixed Wednesday, 30 Jul 2014 | 11:36 AM ET
    A woman walks with her dog by homes damaged by Hurricane Sandy along the beach in the Rockaways on January 15, 2013 in New York City.

    The U.S. lacks a plan to save coastal cities from hurricanes and rising sea levels, and getting there may not be easy.

  • This sector in China is seeing a 'massive decline'  Wednesday, 23 Jul 2014 | 9:17 PM ET

    Ron Napier, Head of Napier Investment Advisors, describes his worries over China's construction sector.

  • Freedom Tower designer in $4B construction deal Monday, 14 Jul 2014 | 7:51 AM ET
    AECOM's projects include One World Trade Center in New York City.

    AECOM Technology said it will pay $4 billion to acquire URS in an acquisition that is expected to complete in October.

  • $60M Texas high school stadium deemed unsafe Tuesday, 20 May 2014 | 1:56 PM ET
    The $60 million high school stadium that got national attention for its grandeur _ and its price tag _ will be shut down indefinitely just 18 months after its opening, North Texas school district officials said Thursday, Feb. 27, 2014, for an examination of cracking in the concrete of the stadium's concourse.

    One of the most expensive high school football stadiums in America will be closed this fall because its concrete is cracking.

  • Land Securities pre-tax profit doubles  Thursday, 15 May 2014 | 5:30 AM ET

    Robert Noel, CEO of Land Securities tells CNBC that the group is beginning to "reap the rewards" from the "bold call" it made to build new buildings with no rental agreements in place.

  • Finding commercial real estate's sweet spot  Thursday, 8 May 2014 | 7:31 AM ET

    There is a lot of capital from around the world flowing into real estate and the fundamentals are good, explains Robert Sulentic, CBRE Group president & CEO, sharing his outlook on the nation's real estate market. And Robert Wolf, 32 Advisors CEO, wants to know about the uptick in new construction. Don't expect a dramatic amount of new supply over the next couple of years, says Sulentic.