Finance - Articles - Page 107 | Engineering News-Record

Indonesia Suspends Chinese-Funded Rail Project

January 28, 2016

Indonesia sprung a surprise on Jan. 28, suspending a $5.5-billion high-speed-rail project that is being implemented by a Chinese company and financed by the China Development Bank.

C.C. Myers Inc. Says Company Is Selling Unneeded Assets

Richard Korman

January 26, 2016

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The California contractor known for early completion of tough jobs had dropped out of a big project, Caltrans said.

Tutor Perini Cites Loss on Big New York City Tower

Richard Korman

January 25, 2016

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California-based contractor reports below-expected 2015 results partly related to its work at Manhattan's Hudson Yards development.

With Opening of China-Led Bank, Questions About Future Contracts

Saibal Dasgupta

January 19, 2016

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The new bank is the first multinational development bank in which the U.S. has no role.

Putting an end to individual surety fraud

Richard Korman

January 11, 2016

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All the words spoken by Mark H. McCallum about surety bonds could fill a library.

Construction Nov. Spending Edges Down from Oct. But Rises Year Over Year

Tom Ichniowski

January 4, 2016

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Census Bureau reports completed projects' volume declines 0.4% from October but gains 10.5% from November 2014 level.

Economics

Construction Nov. Starts Decline from Oct. But Are Up From 2014

Tom Ichniowski

December 18, 2015

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Dodge Data & Analytics says last month's projected new-project volume fell 5% from October's rate but January-November total climbed 8% from the year-earlier period.

4Q Cost Report: Costs in Europe are Flat

Peter Reina

December 15, 2015

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Prices across Europe are “broadly flat,” rising by around 2% in France and Germany and more slowly in southern European countries, says Simon Rawlinson, head of strategic research and insight at Arcadis LLP, London.

Construction machine sales forecast to drop

4Q Cost Report: Fleet Sales to Stall Out in 2016

Federal transportation bill will help support only modest equipment activity, forecasters say

Tudor Van Hampton

December 15, 2015

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As President Obama’s signature was still drying on the Fixing America’s Surface Transportation Act, enacted Dec. 4, construction-machinery lobbyists were jumping for joy.