What a difference a year makes... Market darling and construction heavyweight Fletcher Building was once the hunter. It is now the hunted. Aussie building giant Boral is chasing and you can be sure others are circling; if not for the credit crunch Private Equity firms would be literally lining up at the door. Fletchers? share price has swan dived 54 per cent from in July last year to yesterday, jumping to .33 today on the back of the takeover speculation. read more
An environmental group asked a federal judge on Wednesday to halt construction of a new coal - fired generator in western North Carolina until Duke Energy Corp. proves it's using the best technology ...
Guess which country will get richer faster? China wants to have 100 of Westinghouse Electric Co.?s nuclear reactors in operation or under construction by 2020?
Master Builders Australia, the peak body for the building and construction industry, today hit out at the ACTU?s calls for the early abolition of the Australian Building and Construction Commission (ABCC), saying that its backdoor tactics and scare campaigns put at risk billions of dollars of investment in social and economic infrastructure.
Unions want the Australian Building and Construction Commission axed but supporters say it has done its job.
