BASRA, Iraq (Reuters) – Rockets landed near a site connected with foreign oil firms and state-run companies in Iraq’s southern city of Basra early on Monday, without causing damage or casualties, oil and police sources said. The rockets, which police said were... More »
MANILA (Reuters) – A group of secondary school students in the Philippines has found a way to convert poo from stray dogs into a mixture for bricks, aiming to rid city streets of excrement and potentially even lower construction costs. As part of a research pr... More »
LIMA (Reuters) – Uruguay has rejected a request for asylum from former Peruvian President Alan Garcia, who is currently under investigation in his home country on allegations of corruption, Peruvian Foreign Minister Néstor Popolizo said on Monday. Uruguayan of... More »
U.S. President Donald Trump speaks to reporters in the Oval Office at the White House in Washington, U.S., February 9, 2018. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – U.S. President Donald Trump will roll out an infrastructure plan on Monday that already f... More »
WASHINGTON (Reuters) – A bipartisan group of U.S. senators met with administration officials on Tuesday to discuss drafting legislation to spend $1 trillion on improving the country’s infrastructure, a goal that President Trump made a priority in the 2016 elec... More »
A man rides a tricycle past vehicles through a junction in Beijing, December 10, 2013. REUTERS/Jason Lee SHANGHAI (Reuters) – China will invest a similar amount next year on transportation infrastructure as it did in 2017, with projects to include 5,000 km of ... More »
SYDNEY (Reuters) – Sydney’s two main rectangular stadiums, the Olympic Stadium and Sydney Football Stadium, are to be demolished and rebuilt at a cost of around A$2 billion ($1.53 billion), the New South Wales government announced on Friday. The 80,000-seater ... More »
British industry had its strongest month so far this year in September, but more signs of strain on consumers and a plunge in construction were reminders that the economy looks set for a difficult 2018 as Brexit approaches. More »
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. More »
Insurers are scrambling to find inspectors in Texas and Florida after fierce hurricanes battered the states one after the other, causing tens of billions of dollars' worth of property damage in less than two weeks. More »
More than 600 artworks from around the world will go on display at the Louvre's gallery in Abu Dhabi on Nov. 11, a project that hopes to draw millions of visitors a year to the capital of the United Arab Emirates. More »
Australian construction spending boasted its biggest rise on record last quarter as miners splashed out on major engineering projects, a surprise that could lift economic growth well above initial expectations. More »
South Korea's new antitrust chief said he has been in talks with the autos-to-steel conglomerate Hyundai Motor Group about overhauling its complex ownership structure, which critics say gives too much power to its controlling family at the expense of sharehold... More »
China's strong economic growth showed visible signs of fading in July as lending costs rose and the gravity-defying property market cooled, though activity levels generally remained solid, propped up by a year-long construction spree. More »
Houses under construction are seen at a subdivision near the town of Kleinburg, Ontario, Canada May 13, 2017. Canada’s long housing boom has drawn thousands into the sector, from realtors and home stagers to construction workers, and a looming slowdown threate... More »
Traders work in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, July 4, 2017. REUTERS/Staff/Remote European stocks edged higher on Monday, with banks and utilities the strongest sectors, as mergers and acquisition... More »
Port workers are seen in front of a shipping vessel unloading its cargo in the port of Banjul, Gambia June 29, 2017. Picture taken June 29, 2017. REUTERS/Emma Farge Chinese and French companies are bidding to help Gambia build up its Atlantic port Banjul to be... More »
Short seller Marc Cohodes, who has bet against the shares of six Canadian-based companies including Valeant Pharmaceuticals International Inc and Home Capital Group Inc, said on Wednesday that he is targeting yet another Canadian firm – Exchange Income Corp. More »
FILE PHOTO: The logo of the American company Westinghouse is pictured in Le Bourget, near Paris October 14, 2014. REUTERS/Benoit Tessier/File Photo The U.S. administration has told India that Westinghouse Electric Co will emerge from bankruptcy and be sold by ... More »
A general view shows the Yekaterinburg Arena stadium under construction, that will host 2018 FIFA World Cup matches, in Yekaterinburg, Russia, December 9, 2016. REUTERS/Maxim Shemetov Human Rights Watch (HRW) on Wednesday said it had documented cases where wor... More »
U.S. President Donald Trump waves as he boards Air Force One at Joint Base Andrews outside Washington, U.S., before traveling to Bedminister, New Jersey for the weekend, June 9, 2017. REUTERS/Yuri Gripas The Trump administration intends to unveil this week a p... More »
Angel Rondon (R), Odebrecht’s commercial representative in the Dominican Republic, looks on to the judge’s ruling, following the hearing before Supreme Court Judge Francisco Ortega, for bribes paid by Brazilian construction company Odebrecht to obtain public w... More »
The China City Construction Holding Group, a state-owned infrastructure and property developer, has warned it is facing cash flow problems and could struggle to repay debts due on June 12. More »
FILE PHOTO: Humanoid robots work side by side with employees in the assembly line at a factory of Glory Ltd., a manufacturer of automatic change dispensers, in Kazo, north of Tokyo, Japan, July 1, 2015. REUTERS/Issei Kato/File Photo Desperate to overcome Japan... More »
A model of China’s ARJ21 aircraft is seen at the Civil Aviation Administration of China (CAAC) – European Aviation Safety Agency (EASA) Aviation Safety Conference in Shanghai, China, April 27, 2017. REUTERS/Stringer Chinese and European aviation regulators sai... More »
People shop for handsets at an M1 mobile shop in Singapore March 21, 2017. REUTERS/Edgar Su Top shareholders in Singapore telecoms company M1 Ltd (MONE.SI) have approached potential buyers China Mobile (0941.HK) and global private equity firms, among others, t... More »
Photographers take pictures as the Soyuz MS-04 spacecraft carrying the crew of Jack Fischer of the U.S. and Fyodor Yurchikhin of Russia blasts off to the International Space Station (ISS) from the launchpad at the Baikonur Cosmodrome, Kazakhstan, April 20, 201... More »
U.S. President Donald Trump speaks during a joint news conference with Jordan’s King Abdullah (not pictured) in the Rose Garden after their meeting at the White House in Washington, U.S., April 5, 2017. REUTERS/Yuri Gripas U.S. President Donald Trump said on W... More »
Ildefonso Guajardo Villarreal, Mexico’s Economy Minister, addresses the Detroit Economic Club in Detroit, Michigan, U.S., March 3, 2017. REUTERS/Rebecca Cook Mexico’s government on Tuesday warned Mexican companies that it would not be in their best “interests”... More »
A construction site is seen in central Bangkok, Thailand March 8, 2017. Picture taken March 8, 2017. REUTERS/Jorge Silva Nearly two years after Thailand’s junta approved $40 billion for big transport projects to spur economic revival, it has spent barely two p... More »
China’s regional governments are falling over each other to curry favor with President Xi Jinping, jostling for roles in his New Silk Road plan to boost economic and cultural links through Asia to Europe. More »
Reporters raise their hands for a question during a news conference by Toshiba Corp CEO Satoshi Tsunakawa and other senior sompany officials at the company’s headquarters in Tokyo, Japan February 14, 2017. REUTERS/Toru Hanai Toshiba Corp (6502.T), responding t... More »
People carry bags outside a shopping mall on the last day of Christmas shopping in Berlin December 23, 2014. REUTERS/Hannibal Hanschke The German economy quadrupled its growth rate to 0.4 percent in the fourth quarter of 2016 as higher state spending, rising p... More »
FILE PHOTO – Oil and gas tankers sit anchored off the Fos-Lavera oil hub near Marseille, southeastern France, December 12, 2008. REUTERS/Jean-Paul Pelissier/File Photo Oil traders from around the world, including the United States, Britain and Brazil, have tri... More »
Victor Montagliani, President of the Confederation of North, Central America and Caribbean Association Football (CONCACAF) speaks to the media after a FIFA Council in Zurich, Switzerland, January 10, 2017. REUTERS/Arnd Wiegmann CONCACAF will discuss a possible... More »
The logo of Toshiba Corp is seen as Window cleaners work on the company’s headquarters in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai Japan’s Toshiba Corp (6502.T) said it has asked regulators to allow it to delay the release of its earnings, including... More »
The logo of Toshiba Corp is seen behind trees at its headquarters in Tokyo, Japan October 1, 2015. REUTERS/Toru Hanai Toshiba Corp (6502.T) will on Tuesday detail a writedown of close to $6 billion after bruising cost overruns at its U.S. nuclear arm, turning ... More »
Britain’s Prime Minister Theresa May leaves the BBC’s Broadcasting House in London, Britain, January 22, 2017. REUTERS/Neil Hall Britain will on Monday outline a new, interventionist approach to balancing its heavily services-based economy for the post-Brexit ... More »
While plenty of cannabis goes up in smoke in coffee shops around the Netherlands, Dutch researchers have found a new use for it – as an environmentally friendly building material to rival cement or steel. More »
Pedestrians walk past a logo of Toshiba Corp outside an electronics retailer in Tokyo, Japan September 14, 2015. REUTERS/Toru Hanai/File Photo Shares in chips-to-construction group Toshiba Corp tumbled 20 percent on Wednesday, hitting the Tokyo exchange’s dail... More »
A newly launched waste-to-energy plant by Suzhou Wujiang Everbright Environmental Energy Ltd is seen in Wujiang of Suzhou, Jiangsu province, China, November 8, 2016. REUTERS/Aly Song Thousands of tonnes of urban waste are hidden behind scrubbed white walls at ... More »
General view at the STX Les Chantiers de l’Atlantique shipyard site in Saint-Nazaire, western France, October 20, 2016. REUTERS/Stephane Mahe The French government has told South Korea it will oppose any solution for shipbuilder STX France that is against nati... More »
The official opening of the Abu Dhabi branch of France’s Louvre museum has been postponed to 2017 due to pending construction work, the latest setback for the long-delayed project, three sources said on Thursday. More »
A man carrying an umbrella passes as storm clouds gather over Shell’s Pulau Bukom oil refinery in Singapore, December 17, 2014. REUTERS/Edgar Su/File Photo During Singapore’s full moon festival last month, employer John Kong was focused more on cost-cutting th... More »
Warren East, CEO of Rolls-Royce, poses for a portrait at the company aerospace engineering and development site in Bristol, Britain December 17, 2015. REUTERS/Toby Melville/File Photo Rolls-Royce (RR.L) said on Sunday it is cutting more than 200 management job... More »
The logo of Sands is seen on a gaming table inside a casino on the opening day of the Sheraton Macao hotel at Sands Cotai Central in Macau in this September 20, 2012 file photo. REUTERS/Tyrone Siu/File Photo Macau casino operator Sands China Ltd (1928.HK) said... More »
File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company’s shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo When French tycoon Vincent Bollore backed out of a deal to buy the pay-TV busi... More »
File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company’s shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo PARIS (Reuters) – When French tycoon Vincent Bollore backed out of a deal to b... More »
File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company’s shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo PARIS (Reuters) – When French tycoon Vincent Bollore backed out of a deal to b... More »
By Mathieu Rosemain | PARIS PARIS When French tycoon Vincent Bollore backed out of a deal to buy the pay-TV business of Italian broadcaster Mediaset (MS.MI), and instead proposed to take a large slice of the parent company itself, investors feared he was plott... More »
File photo of Vincent Bollore, Chairman of media group Vivendi, reacts during the company’s shareholders meeting in Paris, France, April 21, 2016. REUTERS/Charles Platiau/File Photo When French tycoon Vincent Bollore backed out of a deal to buy the pay-TV busi... More »
ISTANBUL Long-running efforts to fully restore Israeli-Turkish ties strained after an Israeli raid of a Turkish boat in 2010 must now await the formation of a new government in Ankara, Israel’s top diplomat in Turkey said. Turkey downgraded diplomatic relation... More »
SEATTLE General Electric Co (GE.N) has agreed to buy a unit of South Korea’s Doosan Engineering and Construction Co (011160.KS) that produces key components of combined-cycle power plants, the head of the U.S. company’s power division said on Tuesday. The $250... More »
TOKYO Tokyo 2020 organizers unveiled a new Olympic logo featuring traditional Japanese designs on Monday, seven months after they were forced to scrap the original motif over accusations of plagiarism. The new logo, chosen from more than 14,000 candidates, ado... More »
SYDNEY Australia’s parliament returned for a special sitting on Monday to debate crucial labor reform bills which are likely to be blocked in the upper house Senate, leading to the dissolution of both houses and an election on July 2. Prime Minister Malcolm Tu... More »
PARIS/LONDON When French Prime Minister Manuel Valls phoned billionaire Martin Bouygues on Thursday evening in an attempt to save a merger between Bouygues Telecom (BOUY.PA) and state-controlled Orange, it was already too late. The deal would have created the ... More »
CAIRO Orange Chief Executive Officer Stephane Richard has said he might look into the possibility of a merger deal with Telecom Italia if French billionaire Vincent Bollore invited him to, but does not think that would happen. Bollore is chairman and the bigge... More »
SEOUL The heir apparent of Samsung Group will buy up to 300 billion won worth of shares to be sold by affiliate Samsung Engineering Co Ltd should existing shareholders not fully take up the firm’s 1.2 trillion won rights issue, Samsung Group said on Monday. In... More »
BOSTON U.S. Democratic presidential candidate Hillary Clinton plans to make job creation the focus of her campaign over the next month, beginning with a $275 billion infrastructure spending plan that will be released this week. Clinton’s plan to increase the f... More »
ABU DHABI The opening of Abu Dhabi’s branch of the iconic Louvre museum has been postponed until next year because building work still needs doing, a senior official said on Saturday, the latest delay to the high-profile project. The museum was originally sche... More »
MARINETTE, Wis. Big investments, lean manufacturing techniques borrowed from the automotive industry, and a more engaged workforce have revamped the Wisconsin shipyard where Italy’s Fincantieri SpA builds the Freedom variant of the U.S. Navy’s coastal warships... More »
ORLANDO, Fla. Two contractors hired to manage NASA’s vehicle fleet at the Kennedy Space Center defrauded the agency of at least $387,000 for unnecessary tire replacements, according to a lawsuit filed Wednesday by federal prosecutors in Florida. The complaint ... More »
LONDON A London skyscraper that made headlines for reflecting sunlight at an intensity that melted parts of a Jaguar car in the street below has been awarded the annual Carbuncle Cup that highlights perceived architectural horrors. Officially called 20 Fenchur... More »
A pedestrian bridge designed by Olafur Eliasson has opened in Copenhagen, inspired by the Danish-Icelandic artist’s childhood in Iceland. Reminiscent of sailing boats, Cirkelbroen, or circle bridge, is made of five circular platforms in different sizes, each w... More »
SEATTLE The world’s largest-diameter tunneling machine could resume drilling under downtown Seattle in late November after repairs are completed, allowing a central part of a years-delayed highway project to go forward, Washington state officials said on Frida... More »
NEW YORK (This version of the story corrects title of analyst in second paragraph, shows Thornburg has reduced, not eliminated currency in 10th paragraph.) The prospect of Greece defaulting on its debt has long been viewed as the recipe for a global stock mark... More »
