Business & Finance

German construction performed better than expected in H1 2025
Published on: 27 August 2025
Germany’s construction industry performed better than expected in the first half of 2025, despite a collapse in roadbuilding orders
Kiewit awarded $400m Alaska port modification project
Published on: 20 August 2025
Kiewit Infrastructure West Co. has won a $400 million contract to construct Phase 1A of the Port of Nome Modification project
World’s top 25 construction firms in 2025 revealed
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Published on: 20 August 2025
New-look ICON 100 shows that construction is facing head on the challenges of tariffs, inflation, the skills shortage and coming out fighting
Skanska wins US$249m Verrazzano-Narrows Bridge contract
Published on: 19 August 2025
Skanska won a nearly quarter-billion dollar contract to install cable dhumidification system on major New York City bridge
German firm starts retrofit of Hamburg’s Arne Jacobsen Haus
Published on: 18 August 2025
A tower in Hamburg, Germany, will be retrofit for the needs of a modern office
Germany’s housing construction sector still caught in ‘pincer grip’
Published on: 18 August 2025
Modest uptick in permit approvals masks a more complex picture
Mace to build 30-storey London tower
Published on: 18 August 2025
UK-based construction company Mace appointed construction partner for 85 Gracechurch Street
US firm to manage construction of US$2.2bn rail expansion at California port
Published on: 15 August 2025
A major rail expansion project gets a programme manager in California, US
JCB secures deal to supply backhoes to US military
Published on: 15 August 2025
Contract follows earlier Teleskid order in 2024
Solid or soupy? A look at the global concrete industry
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Published on: 15 August 2025
Following a report from the UK showing sinking concrete demand regionally, how is the rest of the world shaping up?
Ontario awards CAN$1.4 billion contract for subway tunnel extension
Published on: 14 August 2025
A consortium of construction firms has won a tunnelling contract worth CAN$1.4 billion for the Yonge North Subway Extension.
Turner & Townsend buys Egyptian firm
Published on: 14 August 2025
Global professional services firm expands Middle East business
Tariffs and materials prices knock US contractors’ confidence
Published on: 14 August 2025
US backlogs strong but confidence on profit margins dips
MIT and Bhutan partner on robotic construction pilot for sustainable smart city
Published on: 13 August 2025
A partnership between Bhutan and a US technology university will pilot construction methods for a smart city
Construction starts on US$10bn Iowa data centre project
Published on: 13 August 2025
The project is said to be the largest economic development in this Iowa, US, city’s history
Severfield appoints new CEO
Published on: 13 August 2025
UK-based Severfield announced a new chief executive set to take the helm this autumn
Insurance firm launches risk solution for global construction megaprojects
Published on: 13 August 2025
A new product from a global insurance firm is said to help the world’s megaprojects
Construction robotics sentiment improves as usage dips
Published on: 13 August 2025
In a survey of the construction industry, robotic systems were seen as positives but usage dipped
High demand prompts Dubai property developers to start in-house contractors
Published on: 13 August 2025
Major property developers in the United Arab Emirates are increasingly creating their own contracting businesses amid high demand for property
Europe calls for feedback on Foreign Subsidies Regulation
Published on: 13 August 2025
First review of regulation design to stop unfair competition from non-EU countries
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