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...Water companies are not automatically consulted on proposed housing developments, which have a statutory right to be connected to the sewer system....
...Construction is scheduled for completion at the end of next year....
...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...
...But employees at large companies including British Airways and Next Retail saw their median pay gap widen over the past year, while income inequality in sectors including mining, finance and construction...
...The property group warned that the number of new home completions would fall from an annual average of about 210,000 over the past five years to 160,000 over the coming year as higher debt costs hit construction...
Testimony in New York case pitting wealthy oligarch against the famed auction house has shed new light on high-end transactions
...But housebuilding activity registered a setback with the lowest reading since January, as construction companies noted sluggish market conditions and the impact of elevated borrowing costs....
...at the research company Capital Economics....
...The delays in construction for these facilities are attributed to surging costs for building materials and labour, as well as a shortage of construction workers....
...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....
...Matthew Pointon, senior property economist at the research company Capital Economics, said commercial construction had “been contracting since September last year as developers wait for the outlook to stabilise...
...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...
...a mainland Chinese real estate company....
...Pål Kildemo, chief financial officer of the Norwegian company, said this construction crash because of high rates and rising building costs had hit the aluminium sector hard, undermining earnings of Hydro...
...Plus, take a sneak peek at a new show we’re launching called Swamp Notes!...
...But he said “expectations of falling interest rates during the months ahead” appeared to have supported confidence at construction companies....
...The risk is that the data centre boom may spur construction of new gas-fired power plants....
...February’s figure was bolstered by growth of 7.9 per cent in the construction sector, reflecting unseasonably dry weather....
...In other words, if Citadel Securities and its ilk are to beat this case and prevent a string of copycat suits, they will probably have to give the rest of us more of a peek behind the curtain....
...The Belpointe spokesperson said the company had made “solid progress on many fronts”, such as taking a $56mn mezzanine loan. The pressure is likely to intensify in the coming months....
...Construction, real estate and financial services companies were particularly at risk of default....
...Construction materials group Breedon has had an eventful 12 months....
...A consortium including US construction group Bechtel and US nuclear company Westinghouse has already proposed building a new plant on the Wylfa site using Westinghouse’s AP1000 reactor technology....
...Mark Hoplamazian, chief executive of US hospitality group Hyatt, said building new hotels had become harder due to “very tough” markets for raising capital, causing the company to turn instead to converting...
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