Caterpillar cuts 2016 forecasts further

Weak demand and strong dollar weighs on US heavy machinery maker

Lixil explores sale of construction group

Japanese conglomerate becomes latest to reconsider acquisitions

Map: Key projects on the new Silk Road

Transport and energy projects connecting Central Asia

LafargeHolcim to offload Indian unit

Franco-Swiss cement group hails $1.4bn deal as ‘important step’ in divestment plan

Samsung C&T scales back on mines after A$1bn loss

S Korean group rethinks mining ambitions after Roy Hill debacle

Chairmen under pressure at big Swiss groups

The titular role carries more responsibility than in other countries

Carney exaggerates capital claims

Governor says he has raised lending capacity in the UK ‘by up to £150bn’

Persimmon still confident on dividends

UK housebuilder reports a boost in profits before the referendum

ATY8C9 Up on the roof
©Roger Bamber/Alamy

Construction at weakest for seven years

Housebuilding hardest hit, with activity falling at fastest since 2012

Spiralling costs stall London housing projects

Developers say schemes have become unviable and seek to renegotiate

New shopping centres abandoned, says report

Online retail and low footfall mean costs exceed developments’ value

Chinese construction companies stage a second act overseas

Low cost base will give them a competitive advantage

UK insurers seek returns in infrastructure

Legal & General and Pension Insurance Corporation seal big investments in UK

Ashtead raises dividend as profits soar

Equipment rental group in share buy-back after revenues rise 19%

LafargeHolcim disposals to exceed $3.6bn

Franco-Swiss cement group is selling assets in nine countries

Zoomlion abandons $3.4bn Terex takeover

Latest failure by a Chinese bidder to gatecrash an M&A deal

China cement: weighed down

Capacity must shrink for the sector to look attractive

Lakehouse struggles to turn tide of woes

Deep-rooted problems have been exposed to public scrutiny

Taylor Wimpey shrugs off Brexit fears

UK housebuilder increases profit and dividend forecasts

Bouygues boosted by telecoms unit growth

Conglomerate bolstered after price war and collapse of M&A deal

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