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...A version of this article was first published by Nikkei Asia on July 27, 2023. ©2023 Nikkei Inc. All rights reserved....
...The construction costs and other expenditures will accrue as new projects are initiated.”...
...A version of this article was first published by Nikkei Asia on July 27. ©2022 Nikkei Inc. All rights reserved....
...This may slow the construction of the flotation lines at Pioneer....
...Although not cheap, there remain opportunities in UK construction and thus stock picking is crucial....
...There are early signs that parts of the construction industry are starting to reopen. For this sub-sector, we assume a 25% loss of revenue and cut our earnings by around 50% on average for 2020....
...Last year, the company and its Japanese partners closed financing for construction of a power plant in Batang, Central Java Province....
...SNC-Lavalin, Canada’s biggest engineering and construction company, was rumoured to have weighed up a bid for Wood Group that might value its Aberdeen-based peer at up to £3bn....
...Another terminal in Corpus Christi, Texas is under construction....
...One theory doing the rounds among traders was that Hunting might be a target for OCI, the Dutch-listed Egyptian chemicals conglomerate that recently spun off its construction arm....
...Shares in industrial ink-jet printer maker Xaar bounced 31.7 per cent this week on a reassuring trading update, which suggested demand for printed ceramic tiles had stabilised, despite slowing Chinese construction...
...About 35 per cent of Evraz’s sales come from domestic construction, it estimated....
...sharp slowdown in South Korean construction activity....
...Nickel miner Toledo Mining rose 59.8 per cent after receiving a takeover offer from Philippines-based construction conglomerate DMCI, run by 91-year-old Philippines businessman David Consunji and his family...
...Together these deals account for about $1bn of its construction backlog, which currently stands at $8.6bn, said Credit Suisse....
...helped by positive sentiment about the US market, which provided 45 per cent of its operating earnings, but Natixis saw optimism fading given CRH was mainly active in infrastructure and non-residential construction...
...Galliford Try led the mid-cap risers, up 5.1 per cent to 641p, on word that one buyer was looking to pick up a stake of nearly 1 per cent in the tightly held construction group....
...Sirius said initial construction of the York Project would cost $2.7bn in total....
...In November, it seemed as if the elder brother was on the brink of leasing 26,000 towers from the younger’s Reliance Infratel....
...“Cairn’s acquisition of Agora should be viewed as a first step in the construction of a material UK and Norway portfolio,” said RBC....
...Shares in the aggregates maker dropped 3.3 per cent to £12.42 after peer Texas Industries said an improving US economy had yet to translate into increased construction activity....
...“Given that management is incentivised to maximise shareholder value we believe that it and main shareholder ValueAct are very open to any construction which may dislodge value.”...
...A profit warning sent Cyril Sweett lower by 16.3 per cent to 128½p with the construction and property consultant blaming the Arab uprising for contract cancellations and a lower level of client investment...
...Since he took the place of his octogenarian father at Tata’s holding company six years ago, he has won the respect of the group’s elders, insiders say....
...Coal of Africa expects the construction phase at Vele to be completed within six to nine months of the restart. The shares rose 23.1 per cent to 89¼p....
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