Articles by Reuters and Neil Gerrard

EV maker Rivian could restart Georgia plant construction as $6.6bn loan approved
Published on: 26 November, 2024
Rivian hopes to close loan from US Department of Energy before arrival of Trump administration 
Biden’s overtime pay rule struck down in Texas court
Published on: 18 November, 2024
Rule would have made about four million more salaried US workers eligible for overtime pay
iPhone maker Foxconn plans mega-factory in Mexico
Published on: 10 October, 2024
Foxconn set to open a huge new facility in Mexico
Fall in permits illustrate Germany’s continued residential construction downturn
Published on: 18 July, 2024
A fall in the number of building permits issued for apartments in Germany picked up pace in May, according to new official statistics
Drug-maker Novo Nordisk to spend $4.1bn on construction of US Wegovy facility
Published on: 25 June, 2024
Danish drug-maker Novo Nordisk is to spend $4.1 billion to build a new US facility to fill injection pens for its popular weight-loss treatment Wegovy
Construction of $3 billion chip plant in Germany delayed by 2 years
Published on: 20 June, 2024
The construction of a $3 billion chip plant for US-based Wolfspeed in Germany has been delayed by two years later than its original target start
Vinci’s request for €1.6bn in damages over cancelled airport job rejected
Published on: 12 April, 2024
French construction giant Vinci has seen its €1.6 billion (US$1.7 billion) request for damages after the cancellation of an airport project rejected by a French court.
Romania mulls building Europe’s first small modular nuclear reactor
Published on: 19 March, 2024
Romania is set to make a preliminary investment decision next year on whether to build what could become Europe’s first small modular nuclear reactor (SMR).
Major Chinese developer faces liquidation petition
Published on: 28 February, 2024
China’s property sector debt crisis has continued to unfold this week after one of the country’s biggest developers revealed that a liquidation petition has been filed against it.
Caterpillar to pay Wirtgen $12.9m in damages after patent battle
Published on: 26 February, 2024
Deere & Co subsidiary Wirtgen has won around US$12.9 million in damages from Caterpillar after a legal dispute over patent rights in road-building technology
Trade corridor deal between India and UAE paves way for new rail projects
Published on: 14 February, 2024
India and the United Arab Emirates (UAE) have signed an agreement to develop a trade corridor connection Europe with India through the Middle East.
Italy to set aside €12bn for world’s longest suspension bridge
Published on: 17 October, 2023
Italy’s government is to set aside 12 billion euros (US$12.7 billion) to build what would be the world’s longest suspension bridge across the Strait of Messina in Sicily.