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Posts Tagged ‘Construction’

Caterpillar to axe 2,500 US jobs

The world’s largest construction and mining equipment manufacturer Caterpillar has announced the axing of 2,500 permanent jobs in the US.


A total of 103 construction firms have been fined for bid-rigging by the Office of Fair Trading (OFT), which found evidence of industry-wide cover pricing.


The London 2012 Olympic Park is on time and on budget, according to the organisers, who are looking ahead to kick-starting the games in exactly three years to the day.


ICM brings you a selection of this week’s news stories from around the world.


House prices have dropped by 41% in the first quarter of 2009, according to the Colliers International Price Index.


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