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Ferrovial Awarded $1.2 Bln In Construction And Maintenance Contracts In US And Canada
(RTTNews) - Infrastructure company Ferrovial SE (FRRVY.PK, FRRVF.PK) announced Friday that through its construction subsidiary Webber, it was awarded nine new contracts totaling $1.2 billion for construction and maintenance projects in the U.S. and Canada. The work includes roadway improvements, bridge construction, expansion of water treatment plants, and road maintenance.
Ferrovial secured its first contract in Tennessee, expanding its presence in the U.S., the company's largest market.
Ferrovial acquired Houston-based construction company Webber in 2005. Over the past 20 years, the company has grown to improve roads, bridges and water infrastructure across more than 10 states in the U.S.
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UK Unemployment Rate Highest Since 2021
The UK unemployment rate increased to the highest since early 2021 in the third quarter, raising chances of an interest rate cut, official data revealed on Tuesday. The ILO jobless rate rose to 5.0 percent in the third quarter from 4.8 percent in the three months to August, the Office for National Statistics said. The rate was above economists' forecast of 4.9 percent.
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Před 1 h 21 min
FTSE 100 Rises On Rate Cut Hopes; Vodafone Group Moves Up Sharply
U.K.'s FTSE 100 index has moved up sharply on Tuesday, amid hopes of a rate cut by the Bank of England next month after data showed an increase in the nation's unemployment rate in the third quarter. The passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history is also aiding sentiment.
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Před 1 h 38 min
CAC 40 Up 0.6%; Hermes International, LVMH Among Top Gainers
French stocks are up firmly in positive territory on Tuesday, extending gains from the previous session, following the passage of a short-term funding bill late Monday to end the longest government shutdown in U.S. history.
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Před 2 h 5 min
DAX Up Marginally As Mood Remains Positive After Passage Of U.S. Short-term Spending Bill
The German market is up in positive territory on Tuesday, as the undertone remains firm following the U.S. Senate passing a short-term funding bill late Monday to end the longest government shutdown in U.S, history.
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German Economic Confidence Weakens In November
German economic confidence weakened moderately in November as investors became concerned about the ability of economic policies to address its key issues, a monthly survey conducted by the think tank ZEW showed Tuesday. The economic sentiment index fell unexpectedly to 38.5 in November from 39.3 in the previous month. The reading was forecast to rise to 41.0.
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Před 3 h 3 min
Senex, Nifty End Higher On Fed Rate Cut Hopes
Indian shares eked out modest gains on Tuesday, with trade deal hopes and expectations of Federal Reserve interest-rate cuts helping underpin investor sentiment.
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Před 3 h 54 min
European Shares Climb As US Senate Approves Deal To End Government Shutdown
European stocks hit a two-week high on Tuesday after the U.S. Senate passed a short-term funding bill to end the longest government shutdown in U.S, history. The bill will now be sent to the House, where a vote could come as early as Wednesday.
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Před 5 h 6 min
Asian Shares End On Mixed Note
Asian stocks gave up early gains to end mixed on Tuesday after rising in the previous session as U.S. lawmakers moved toward reopening the federal government.
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Před 5 h 38 min
