Articles by Reuters and Neil Gerrard

Fall in permits illustrate Germany’s continued residential construction downturn
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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
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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
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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
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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
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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
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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
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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
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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
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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.