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Capital Goods Construction and Engineering

  • But a surge in domestic natural gas production, billions of dollars in cost overruns on new projects, Japan's Fukushima accident in 2011, and multiple plant closures have the industry on its heels again. The U.S. Department of Energy expects nuclear's percentage of the power mix to drop to 11 percent by 2050 from the current 20 percent, and many reactors to close.

  • DETROIT, Sept 19- Bosch, the German auto components supplier, is partnering with startup Nikola Motor Co to bring two hydrogen-electric, long-haul, heavy-duty truck models to market by 2021, the companies said on Tuesday. Manufacturers such as Daimler and Navistar International Corp, as well as electric car maker Tesla Inc and a host of other new entrants, are...

  • WASHINGTON, Sept 19- U.S. homebuilding fell for a second straight month in August as a rebound in the construction of single-family houses was offset by persistent weakness in the volatile multifamily home segment. The report from the Commerce Department on Tuesday also showed building permits racing to a seven-month high in August. Housing starts slipped...

  • WASHINGTON— Homebuilders slowed their pace of construction by 0.8 percent in August, the second straight monthly decline. A steep drop in multifamily construction more than offset a slight gain in single-family-home building. Housing starts slipped last month to a seasonally adjusted annual rate of 1.18 million, the Commerce Department said Tuesday.

  • WASHINGTON, Sept 19- U.S. homebuilding fell for a second straight month in August as a rebound in the construction of single-family houses was offset by persistent weakness in the volatile multifamily home segment. Housing starts slipped 0.8 percent to a seasonally adjusted annual rate of 1.18 million units, the Commerce Department said on Tuesday.

  • PARIS, Sept 19- EDF's head of new nuclear, Xavier Ursat, said the company is in talks with several countries about selling nuclear power plants, including China, India, South Africa and Saudi Arabia. "India is one of the countries most suited to build new nuclear," Ursat said, adding that the country's strong industrial and academic environment underpinned new...

  • U.S. homebuilders are feeling less optimistic about their sales prospects, reflecting concerns that rebuilding efforts following hurricanes Harvey and Irma will drive up costs for construction labor and materials. Even so, builders' overall view of the new-home market remains positive. The National Association of Home Builders/Wells Fargo builder...

  • VIENNA, Sept 18- Saudi Arabia said on Monday it was still undertaking feasibility studies before deciding how and where to build its first nuclear power stations. Industry sources said last week that Saudi Arabia was expected to launch a tendering process for its first nuclear reactors as early as next month and would contact potential vendors from a number of...

  • Santee Cooper CEO Lonnie Carter questioned whether it makes sense to sell parts off for a portion of what they're worth, to reduce debt now, only to have to buy them at full cost later. The state-owned utility and private South Carolina Electric& Gas abandoned construction of two new reactors at V.C. Summer Nuclear Station on July 31 after jointly spending nearly...

  • NEW YORK, Sept 18- Contractors for U.S. commercial construction are optimistic about the industry's health in the next 12 months though finding skilled labor still poses challenges, according to a third-quarter survey released on Monday. Ninety-five percent of 206 respondents expect revenue to grow or remain stable over the next 12 months, the survey by USG...

  • MADRID, Sept 18- Spanish builder OHL, 51 percent owned by the Villar Mir family, said on Monday it had been in contact with China State Construction Engineering over potentially selling a stake, though no offer or decision had been made. Credit Agricole, Santander, HSBC and Deutsche Bank have warned Grupo Villar Mir that the company has short-term debt obligations...

  • MADRID, Sept 18- The Villar Mir family, which holds a 51 percent stake in Spanish builder OHL, is in advanced talks to sell the company to China State Construction Engineering, online newspaper El Confidencial said on Monday. Credit Agricole, Santander, HSBC and Deutsche Bank have warned Grupo Villar Mir that the company has short-term debt obligations worth some...

  • A look at some of the key business events and economic indicators upcoming this week:. The Commerce Department is expected to report on Tuesday that builders broke ground on new apartments and single-family homes at a faster pace in August than in the previous month. Wall Street predicts that CarMax's latest quarterly results improved from a year ago.

  • BEIJING, Sept 17- Sales of commercial property in Beijing by surface area fell 44.8 percent in the first eight months of the year to to 5.3 million square meters versus the same period last year, the city's statistics bureau said on Friday. **That included a 39 percent decline in residential property sales to 3.45 million square meters, while office building sales...

  • LONDON, Sept 15- South Africa could restart a procurement process for its nuclear expansion project as soon as next month but the government still has to determine the exact timing, the chairman of South Africa's state nuclear agency Necsa said on Friday. South Africa is planning to build several new nuclear reactors with a combined capacity of 9,600 megawatts,...

  • *Talks continue on India nuclear projects. Cost overruns at four nuclear reactors it was building in the United States pushed Westinghouse, a unit of Japan's Toshiba Corp, into bankruptcy in March. "We are working with Southern to be sure that we can meet the new deadline that Southern has established," Gutierrez said on the sidelines of the World Nuclear...

  • COLUMBIA, S.C.— For at least two years before a South Carolina nuclear power construction project was abandoned, its owners had a report that they intended to keep secret showing the reactors couldn't be completed as planned, an attorney for a legislative panel investigating the debacle said Friday. "The report is very, very troubling," said Scott Elliott, hired by...

  • PARIS, Sept 14- Toshiba-owned nuclear reactor maker Westinghouse expects to make progress soon in its plans to build a nuclear plant in Turkey, it said on Thursday. Westinghouse in 2014 signed an agreement with China's State Nuclear Power Technology Corporation and Electricity Generation Company, the largest electric power company in Turkey, to build a...

  • PARIS, Sept 14- Toshiba-owned nuclear reactor maker Westinghouse expects to make progress soon in its plans to build a nuclear plant in Turkey, it said on Thursday. Westinghouse in 2014 signed an agreement with China's State Nuclear Power Technology Corporation and Electricity Generation Company, the largest electric power company in Turkey, to build a...

  • PARIS, Sept 14- Toshiba-owned nuclear reactor maker Westinghouse expects to make progress soon in its plans to build a nuclear plant in Turkey, it said on Thursday. Westinghouse in 2014 signed an agreement with China's State Nuclear Power Technology Corporation and Electricity Generation Company, the largest electric power company in Turkey, to build a...