Jerome Powell, chair of the Board of Governors of the Federal Reserve – the body that sets interest rates in the US – has hit back at threats of criminal…

Demand for data centers and power facilities may be spiralling, but contractors have “dampened” expectations for 2026 amid fears over recession, tariffs, ICE raids and trouble finding qualified workers, a…

Just before Christmas, the Trump administration renewed its attack on major offshore wind schemes. One is 87% complete. Developers are fighting back. Two major offshore wind developers, Ørsted and Equinor,…

Launching a war on what he called “workplaces of death”, South Korea’s new president Lee Jae Myung says companies will be fined 5% of their operating profits if they record…

In recent years, tens of thousands of UK homes have been retrofitted with external wall insulation under a government scheme to help people living in fuel poverty. But last month,…

Data has begun seeping out of US federal agencies again after the longest shutdown in history, and the picture for August – the latest month for which numbers are available…

Swedish construction giant Skanska has announced it has raised its financial target for the operating margin of its construction arm to a minimum of 4%. The group has not updated…

The rapid growth of artificial intelligence and cloud computing is driving a global construction surge for data centres with some projects now costing more than $20bn, according to a new…

A Polish contractor bidding for a road maintenance project in the southeastern Małopolska region has had its abnormally low bid excluded by the country’s National Appeals Chamber because its explanation…

A snapshot of the global data-centre construction market reveals rising costs and unease over the construction supply chain’s ability to meet soaring demand. The vulnerabilities are both human and systemic.…

From fast-track adjudication to no more pay-when-paid, Hong Kong is serious about keeping cash flowing in construction, but there are pitfalls for contractors. The Construction Industry Security of Payment Ordinance…

A new global survey quizzed construction executives about their AI plans, actions and perceptions. The results suggest the “AI revolution” is some way off. In February 2021, two US economists…

Two critical New York City transport megaprojects – the $16bn Hudson Tunnels project and the $2bn 2nd Avenue Subway extension – ended the week in limbo after the Trump administration…

Annual construction output in the UAE is projected to swell to $130.8bn by 2029, up from the record $107.2bn seen in 2024, according to property consultancy Knight Frank. “The UAE…

What’s the mood among US project owners right now? We asked George Swetz, Executive Vice President & General Manager of Skanska Integrated Solutions (SIS), based in Boston. The prevailing tone…

A construction boss in the US could face prison after being charged with failing to pay years of employee payroll taxes, scheming to defraud a construction contractor of millions of…

The cost of materials and services used in nonresidential construction in the US rose 0.2% from May to June and 2.3% from June last year, the biggest 12-month increase since…

Cyprus is offering a €10m incentive package to investors who take on the development of a new science and technology park in Limassol, the hub of the country’s burgeoning ICT…