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...“To fix Boeing’s issues the company needs a strong engineering lead as its head coupled to a governance model which prioritises safety and quality,” Clark told the Financial Times on Tuesday....
...The businessman is the youngest son of the late Onsi Sawiris, who founded a construction company in the 1950s and built it over decades into a large multinational corporation now called Orascom Construction...
...“Construction companies generally commented on a broad-based rebound in tender opportunities, helped by easing borrowing costs and signs that UK economic conditions have started to recover in the first quarter...
...Civil engineering was the best performing segment, while housebuilding and commercial activity were broadly unchanged from February, S&P Global said....
...Nuclear engineering accounts for about 15 per cent of AtkinsRéalis’s business but Edwards said it is the fastest-growing part of the company and takes up half his time....
...“To fix Boeing’s issues, the company needs a strong engineering lead as its head coupled to a governance model which prioritises safety and quality,” said Clark on Tuesday....
...Can financial engineering lead to a sturdier company? Holcim AG, the Switzerland-based building materials group, thinks so....
...Dyson has named former Aston Martin and JLR director Hanno Kirner as its chief executive, as the engineering company increases its focus on battery technology and pushes into new industries....
...A further point of comparison is excessive financial engineering....
...But for some years now JR Central, the company that operates the existing shinkansen line between Tokyo and Osaka, has been looking to best itself with a ¥9tn ($60bn), 500km/h magnetically levitating train...
...: the Munich-based seller of software for construction and infrastructure projects was down 4 per cent after the company said its full-year profit and earnings per share were unchanged from the previous...
...He added that there were signs of “weakness spreading to civil engineering and commercial work”....
...Rivian is pausing construction of a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....
...Rivian is pausing construction on building a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....
...engineering and commercial work during November.”...
...Commercial construction activity declined in February, with contractors citing client hesitancy and constrained budgets....
...Founded in 1982 and with headquarters in Scotland, Wood is a consulting and engineering group in the energy and material sectors....
...Tim Moore of S&P Global Market Intelligence said construction companies were “increasingly optimistic that the worst could be behind them soon as recession risks fade and interest rate cuts appear close...
...Creditors of South Korean builder Taeyoung Engineering & Construction have approved a debt restructuring plan, as the country’s financial sector wrestles with high interest rates and a property market downturn...
...It took decades for the company to move away from its engineering roots and it may take years for it to find its way back again....
...“International agreements and the convention should evolve over time. These things are living instruments, and they shouldn’t be, as it were, just frozen in aspic,” he said....
...Engineering, procurement and construction companies tend to trade at about 5 times ebitda because there’s always a risk that a big lump-sum turnkey contract can turn bad....
...“We are working on decarbonising Holcim, the construction industry, making our cities more sustainable and we are also driving circular construction,” he said last month at the World Economic Forum in Davos...
...The issues he raised “have been subject to rigorous engineering examination under FAA oversight”, Boeing said, and the company found the aircraft was safe to fly over decades....
...Named after a father and son duo who began running the company in 2001, Shimao had outlined a restructuring proposal in late March that included short-term and long-term notes, as well as convertible bonds...
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