The US Small Business Administration (SBA), a federal agency, said this week it has no money left for disaster loans after two destructive hurricanes, Helene and Milton, ripped through southeastern…

Poland can pay for the first of two planned nuclear power plants (NPPs) but will have to seek help fund the second, prime minister Donald Tusk said this week, Reuters…

New Jersey roadbuilder MV Contracting has agreed to pay $950,000 to resolve allegations it represented itself as a disadvantaged business enterprise (DBE) to obtain federal contracts, while not accepting any…

The US infrastructure arm of British contractor Balfour Beatty has agreed to pay $80,000 to a female truck driver who was the subject of a sexual harassment, hostile work environment…

A builder in Niagara County, New York, has been sentenced to up to eight years in state prison after a three-year period in which he accepted deposits from homeowners but…

Hamburg Commercial Bank’s latest survey of sentiment among construction’s purchasing managers has shown that the Eurozone’s industry remains obscured by gloom, with new orders continuing to fall as prices and…

Hong Kong’s Independent Commission against Corruption (ICAC) yesterday charged a manager with China Railways 15th Bureau (CR15) with accepting a US$250,000 bribe from a subcontractor. Xu Wenju, 40, deputy general…

A Sydney construction boss and four others have been found guilty of a conspiracy to defraud Australia’s tax office of more than US$7.1m over two years. The Australian Broadcasting Corporation…

Portuguese contractor Mota-Engil said yesterday that its pre-tax profit for the first half of the year rose 12% to €396m and its consolidated group profit rose 65% to €49m. The…

Australia’s economic policy chief, Treasurer Jim Chalmers, has warned that falling iron ore prices linked to a major slowdown in China’s construction output could lead to a A$3bn hole in…

A combination of inflating commodity costs and high interest rates has forced Denmark to postpone the start of work on the first of its planned “energy islands” for at least…

The US Occupational Safety and Health Administration (OSHA) has fined Indiana contractor MDM & Sons Construction LLC a total of $199,000 after alleging that employees were working at heights of…

The cost of Pakistan’s M6 motorway between the cities of Sukkur and Hyderabad has nearly tripled in six years as a result of “mismanagement and inordinate delays by the federal…

China has given the green light to 11 reactors on five sites with a combined investment value of $31bn. The decision was made at a State Council meeting on Monday…

Megaprojects, writes Bent Flyvbjerg, a leading expert on the topic, “are large-scale, complex ventures that typically cost more than 1 billion US Dollars, take many years to build, involve multiple…

Shenzhen has become China’s first tier-one city to announce plans to buy unsold homes from struggling developers to turn them into rentals for low-income people. It comes three months after…

An Oklahoma contractor specialising in erosion control on highway projects has been charged, along with its vice president and another employee, with a price-fixing conspiracy targeting more than $100m worth…

A flagship project of President Joe Biden’s $1.3 trillion bipartisan Infrastructure Investment and Jobs Act (IIJA) is accelerating this summer, a senior project leader tells GCR. Amtrak’s $6bn programme to…