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...On Thursday it also agreed a £80mn construction loan for new serviced apartment buildings, and replaced an existing construction facility with a £132mn loan on a mixed-use building that includes offices,...
...China already receives gas from eastern Russia through the first Power of Siberia pipeline, which began operating in 2019....
...This is the first time the index has risen above 50, the level that separates expansion from contraction, since August last year....
...The UK construction industry returned to growth in March for the first time in seven months, driven by a rise in civil engineering activity, according to a closely watched survey published on Friday....
...Since 2022 the International Atomic Energy Agency has led efforts to harmonise regulatory standards and processes; the first phase is due to be completed this year....
...They are often called small modular reactors (SMRs) and typically have a power capacity of 300MW or less, which is about a third of standard plants....
...The construction sector — an important driver of growth before the crisis — has been nearly wiped out....
...“There’s not a lot of positive signs in the very short-term . . . we expect both Europe and North America to be year-over-year down 10 per cent or so [in the first quarter],” he added....
...Berkeley Group reported “negligible” inflation in the cost of building for the first time, as the decline in construction and energy prices eased cost pressures for housebuilders....
...February’s figure was bolstered by growth of 7.9 per cent in the construction sector, reflecting unseasonably dry weather....
...Construction, real estate and financial services companies were particularly at risk of default....
...Construction output rose more than 16 per cent between the first quarter of 2015 and the start of 2022....
...Meanwhile, state and local (S&L) government construction spending also fell 1 per cent in January, the first monthly decline since August 2022....
...Markets are pricing in that rates will remain at their 15-year high of 5.25 per cent for at least the first half of 2024....
...The scale of fab construction in the US is now stretching contractors’ ability to find workers with speciality skills. TSMC plans high-volume chip production in its first Arizona plant early next year....
...Next came construction and building materials (8 per cent), then transport, logistics, and packaging (7 per cent)....
...Positive developments for first-time buyers are also emerging in the new construction market....
...The property sector showed little sign of recovery in the first quarter, with residential real estate investment down 10.5 per cent year on year, new housing starts tumbling 27.8 per cent by construction...
...The first seven proposals submitted recently by the private sector include bids from consortiums led by state-owned China Railway Construction; South Korea’s Hyundai Rotem, a Hyundai Motor unit focused on...
...about half the cost of standard water-cooled reactors....
...If implemented, the new rules will mark the first time the US government will enforce a federal emissions standard on the power sector, the second-largest contributor to greenhouse gas emissions in the country...
...Liesbeth Bracke, chief marketing officer, says that, for the first time in years, Kebony’s sales are dropping as it feels the pressure from the downturn in construction....
...Input prices in the sector fell at the fastest rate since August 2009, while the rates charged by subcontractors declined for the first time since July 2020....
...This offers the sector, for the first time in over 30 years, a comprehensive plan for the future. It mirrors similar US moves....
...The towers can be slotted together on site, which means that they can be transported on standard roads without lengthy permit procedures....
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