All Business & Finance Articles

Fiat Industrial fully acquires CNH
Shareholders approve full merger between equipment manufacturer CNH and its majority owner
Construction sales down at YIT
Revenues from continuing operations slip; contractor completes sale of building services business to Caverion
Cemex sees second quarter boost
Cement producer reports higher revenues and earnings despite falling sales in Northern Europe
Strabag wins contracts worth US$ 305 million
Infrastructure projects in Oman, Thailand and Brunei added to contractor’s order backlog
Infrastructure investors failing to address climate change
Report warns major global developments exposed to increased long-term risks from changing environment
Terex second quarter results slip
Growth in AWP and cranes divisions offset by declines in construction, material processing and MHPS divisions
European contractors look for international growth
QBE survey finds 65% of European building and construction firms plan to expand into new countries over next five years
World Bank reaches settlement with SKM over corruption
Engineering company self-reported corrupt misconduct relating to Bank-financed projects in East Asia and Pacific region
Caterpillar downgrades outlook amid weak Q2
Equipment manufacturer reported revenues of US$ 14.6 billion for three months to end of June
Volvo CE first half sales drop 25%
Falling sales around the world continue to impact manufacturer's results for first six months of 2013
SDLG launches in North America
Volvo CE’s Chinese joint venture to introduce “competitively priced” alternative wheeled loaders for North American market
International growth for L&T
Indian contractor Larsen & Toubro has seen its international revenue jump for the first quarter of 2013, up +68% to INR 3378 crore (US$ 570 million)
Saipem fined for subsidiary’s Nigeria corruption
Italian contractor ordered to pay €600,000 penalty and has €24.5 million seized pending appeal over Bonny Island case
SNC Lavalin sues former employee for damages
Canadian contractor files lawsuit against a former executive vice president and a former consultant in connection with suspect payments in Libya
China to overtake US in built assets
New report finds US the wealthiest nation, with subdued growth for Europe in next decade
Atlas Copco files lacklustre second quarter
Atlas Copco claims healthy demand for service and industrial equipment, despite declines in order intake, revenue and profit
Saipem finds no evidence of Algerian bribes
Internal investigation finds no evidence of payments to Algerian officials but internal rules were violated
Construction drives profitability for Skanska
Higher profitability in construction and residential development drove operating income up for first half
Economic Outlook: Southern Africa
The need for new transport networks to close the huge infrastructure gap Southern Africa is driving investment in the region’s construction markets.
Editor's Comment: The industry has bright prospects but dull profits
There is strong long-term growth in the construction sector, particularly in emerging markets, so why are contractors' profits so poor?
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