The cement industry in China is getting dangerously close to a glut.  Photograph: Bloomberg

These are hard times for China’s cement industry. Last week, the government issued a decree ordering officials to halt the development of new cement a(...)

Out tomorrow: Euro zone retail sales (Mar). Photograph: Simon Dawson/Bloomberg

TODAYResults: Audi; Kennedy-Wilson; Manchester United; Pfizer. Indicators: Euro zone Sentix investor confidence (May) and producer prices (March); US (...)

The boards of Lafarge and Holcim  are due to announce the companies’ merger today. Photograph: Fabrice Dimier/Bloomberg

  The world’s two largest cement makers, France’s Lafarge and Holcim of Switzerland, have agreed the terms of a merger that would create a(...)

Stronger-than-expected US economic growth, coupled with a surprise interest rate cut by the European Central Bank, pushed the dollar up and drove down(...)

HeidelbergCement says a cost-cutting programme  has already exceeded a full-year target of €240 million, generating cash savings of €253 million.

HeidelbergCement, the third- largest maker of cement, said third-quarter profit fell 7 per cent hurt by weaker currencies in emerging markets. Operati(...)

Ecocem was established by Irish entrepreneur Donal O’Riain

Colm Keena,Public Affairs CorrespondentEcocem, the cement business established by Irish entrepreneur Donal O’Riain, is to seek damages of more than €4(...)

Investors monitor stock market prices: benchmark indices fell in 17 of the 18 western European markets yesterday.  Photograph: Bazuki Muhammad/Reuters

The Iseq dropped about 0.8 per cent yesterday, in line with dips across most European exchanges, as gloom enveloped markets for the second day running(...)