Hints and tips:
...A vampire could have seen the building of the pyramids, the fall of Rome, the Napoleonic Wars, the invention of the airplane....
...Even after a 50 per cent fall in its share price since Monday, VinFast — which is lossmaking — was valued at $95bn....
...The house is owned by Lady Carole Bamford, wife of the JCB construction tycoon and Tory peer Lord Anthony Bamford....
...After campaigning against a contentious merger in 2015 of Samsung’s construction and chemicals subsidiaries, Elliott Management was berated in the press as a “parasite”....
...He made similar points in written evidence submitted to the court last week as part of Dakota Access LLC’s argument to keep the pipeline open....
...Katerra, the US construction start-up backed by SoftBank’s Vision Fund, has filed for bankruptcy following the collapse of its former lender Greensill Capital....
...Bill Michael wants KPMG back in the good books After construction group Carillion collapsed in 2018, one UK MP declared that he “wouldn’t hire KPMG to audit the contents of my fridge”....
...Building approvals continue to fall. Even bullish analysts do not expect an improvement for another year....
...Oliver Wyman, one of the few consultancies to track the performance of the largely private industry, forecast in a report that profit margins could fall by another 15 per cent to less than $30bn by 2025,...
...Troubled construction contractor Kier Group has forced out its chief executive Haydn Mursell, the FT reported. The move comes after it launched a poorly received £264m emergency rescue rights issue....
...This would keep technology options open without having to fall back on coal and gas....
...“Years after India signed the nuclear deal with the US, not a single western-designed power plant is under construction, and even if you started now it would not be built for another 10 years.”...
...The collapse of Carillion, the UK’s second-largest construction company and a participant in several big PFI deals, has strengthened support for a review among the British public....
...Corporate earnings reports out today include China Construction Bank, China Life Insurance, LG Electronics, Kweichow Moutai, NTT Docomo, ANZ Banking, China Vanke, Hitachi and OCBC....
...The fall in sterling in the wake of the EU referendum last year has failed to boost British exports, as politicians and economists had forecast, the British Chambers of Commerce said on Friday....
...In Tokyo the Topix was flat after a jumpy morning, with a 0.3 per cent fall in industrials offsetting gains in the consumer discretionary segment....
...The problem is the construction phase. That is when the risk falls entirely on the company and when things tend to go wrong....
...Failure to finish construction would deal a serious blow to Westinghouse’s hopes of selling reactors overseas....
...New nuclear construction in the country was then stopped just about completely by the Chernobyl disaster in 1986, meaning that the US has a large fleet of ageing reactors....
...Toshiba expects its shareholder equity to fall to a negative ¥620bn at the end of March, reflecting how it could record a record net loss of ¥1tn for 2016-17....
...The group expects its equity to fall to a negative ¥620bn at the end of its 2016 fiscal year....
...Westinghouse’s Chapter 11 filing confirmed the fall from grace of one of the most famous US industrial names, which was founded by the inventor George Westinghouse in 1886....
...Toshiba said on Tuesday it would seek to sell its 87 per cent stake in Westinghouse after blaming the $6.3bn writedown on massive cost overruns relating to the subsidiary’s construction of two nuclear plants...
...Westinghouse has close links to China, where it has four of its AP1000 reactors under construction....
...Tuesday’s after-market announcement related to the US nuclear business Westinghouse’s $229m acquisition last year of Chicago Bridge & Iron’s (CB&I) nuclear construction subsidiary, Stone & Webster....
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