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Construction and Engineering

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  • *Hochtief seeks more directors, business structure review. SYDNEY, March 10- German builder Hochtief AG plans to spend over $1 billion to lift its majority stake in Australia's Leighton Holdings Ltd, seeking to push through restructuring at a business that already delivers most of Hochtief's profit.

  • NEW YORK/ MEXICO CITY, March 7- The company at the center of an alleged fraud that forced Citigroup Inc to cut its 2013 profit won billions of dollars in contracts from Mexico's state oil monopoly over the past decade, even after Mexican officials and private lawsuits raised red flags about the contractor's activities.

  • CNBC's Jane Wells speaks with Deere CEO Sam Allen about economics of agricultural supply and demand.

  • WASHINGTON, March 3- U.S. construction spending unexpectedly rose in January as an increase in private construction projects offset a drop in public outlays in a hopeful sign for growth this quarter. Construction spending gained 0.1 percent to an annual rate of $943.1 billion, the Commerce Department said on Monday.

  • South Korea resort roof collapses, 8 students dead Monday, 17 Feb 2014 | 11:52 AM ET
    Rescue workers search for survivors from a collapsed resort gymnasium on February 18, 2014 in Gyeongju, South Korea.

    South Korean media reported that the heavy snowfall was believed to have resulted in the collapse, but the cause was still being investigated.

  • Panama Canal construction halt     Monday, 10 Feb 2014 | 11:44 AM ET

    CNBC's Jane Wells reports how delays in the expansion of the Panama Canal could benefit West Coast ports.

  • Hotel construction challenges at Sochi     Monday, 10 Feb 2014 | 11:21 AM ET

    Ted Knighton, Interstate Hotels & Resorts president & COO, discusses the reality of building in Sochi and provides insight into the challenges hotel operators are facing at the Olympics.

  • The 'next Cabbage Patch'     Friday, 31 Jan 2014 | 7:54 AM ET

    GoldieBlox founder & CEO Debbie Sterling, provides insight on her toy to inspire women and girl engineers. "The Apprentice" Season 1 winner Bill Rancic, and Brad Smith, Intuit president & CEO, discuss the process to picking Sterling.

  • Olympics: Going for the gold, spending in the red Sunday, 10 Nov 2013 | 11:00 AM ET
    Bolshoy Ice Dome and other Sochi Olympic venues under construction in August 2013

    The Olympics in Sochi will surpass $50 billion, making it the most expensive games ever. Some experts say the costs far outweigh the benefits.

  • London office development at four-year high     Tuesday, 5 Nov 2013 | 11:35 AM ET

    Anthony Duggan, head of research at Deloitte Real Estate, says the London crane survey shows that developers' confidence is picking up as the office development market hits a four year high.

  • British construction picked up speed last month, unexpectedly growing at its fastest pace since September 2007, a survey of purchasing managers showed on Monday.

  • Is there any silver lining for Caterpillar?     Wednesday, 23 Oct 2013 | 10:35 AM ET

    Ann Duignan, JPMorgan, and Eli Lustgarten, Longbow Research, break down Caterpillar's issues and the machinery maker's 3Q earnings miss.

  • UK construction recovery should continue     Tuesday, 22 Oct 2013 | 11:00 AM ET

    Simon Rubinsohn, chief economist at RICS, discusses U.K construction, which is beginning the pick-up, especially in the housing sector, and expects it to continue through the rest of this year into 2014.

  • US construction spending approaches 4-1/2 year high Tuesday, 22 Oct 2013 | 10:06 AM ET
    Tyvek attic wrap from DuPont

    U.S. construction spending hit a near 4-1/2 year high in August, boosted by increases in both private and public outlays, a hopeful sign for third-quarter economic growth.

  • EDF, Britain in $26 billion deal for nuclear plant Monday, 21 Oct 2013 | 2:35 AM ET
    Hinkley Point Nuclear Power Station

    French utility EDF and the British government have signed an agreement to build two nuclear reactors for a total cost of 16 billion pounds, EDF said in a statement on Monday.

  • Komatsu: China market among Asia's bright spots     Thursday, 26 Sep 2013 | 9:42 PM ET

    Tetsuji Ohashi, President & CEO of Komatsu warns that construction and mining across Asia remains weak and explains why he's cautiously optimistic on China.

  • Trade of the day: buy UK construction firms?     Thursday, 12 Sep 2013 | 5:32 AM ET

    How do you make money in these markets? Here is what some of the experts have been saying to CNBC.

  • Full week of economic data     Tuesday, 3 Sep 2013 | 7:52 PM ET

    The ISM Manufacturing Index beat expectations and increased to 55.7 in August, and construction spending rose to a new 4-year high. Can we expect a strong rest of 2013? Jim Pethokoukis, American Enterprise Institute, and Ron Kruszewski, Stifel Nicolaus, discuss.

  • London skyscraper scorches pedestrians, car Tuesday, 3 Sep 2013 | 1:32 AM ET

    The owners of one of the City's newest skyscrapers are mulling a partial redesign after sunlight reflected from its windows scorched pedestrians and damaged parked cars, the FT reports.

  • Trade of the day: be long US dollar?     Monday, 2 Sep 2013 | 5:33 AM ET

    How do you make money in these markets? Here is what some of the experts have been saying to CNBC.