Average wages for US construction site and office workers rose by 5.9% over the year to November, hitting $34.96 an hour, says employers group the Associated General Contractors of America…

An Orlando businessman will serve up to 30 months in prison for conspiracy to defraud the US government of $3.5m in tax revenue. Wendel Algarin was found guilty of aiding…

The final steel beam for 270 Park Avenue has been lifted into place, marking the topping out of JPMorgan Chase’s 423m skyscraper in Manhattan, designed by UK architect Foster +…

Confidence in China’s embattled property sector took another hit this month when a major Shanghai developer revealed it had filed a $1.38bn lawsuit against a steel company accusing it of…

Two luxury homes in Hong Kong owned by Xu Jiayin, the chairman of beleaguered Chinese property developer Evergrande, have been seized by a creditor. Located in the upmarket Peak district,…

Three former executives of a San Francisco planning and design firm have been charged with bribing employees of the San Francisco Department of Building Inspection (DBI). Prosecutors claim they paid…

China has taken steps to restrict the number of public–private partnerships (PPPs) entered into by local government bodies, citing their role in rising debt. Sources familiar with the matter told…

Spanish contractor ACS, Europe’s third largest construction group after Bouygues and Vinci, has hired French banking group Société Générale and Bank of America to sell its services unit, Clece, newspaper…

Fears are growing for the health of Germany’s property sector after work stopped on one of the country’s tallest buildings. Designed by Christoph Felger of David Chipperfield Architects, the 254m…

An upsurge in data centre construction in emerging markets is driving up costs, according to research from Turner & Townsend. Its Data Centre Cost Index 2023 analyses costs from some…

The Chartered Institute of Building (CIOB) has called on the Irish government to raise the Value Added Tax (VAT) on demolition projects from the discounted rate of 13.5% to the…

The expected construction cost of the 2025 World Exposition in Osaka has risen $300m to more than $1.5bn, reports Japanese news site NHK. The costs of the Expo, which will…

High interest rates and soaring building costs have brought an end to growth in the EU’s construction industry and are likely to lead to a decline next year. These are…

The US Department of Labor (DOL) has updated the so-called prevailing wage rule for federally funded construction projects, saying people working on them would earn “thousands of extra dollars” a…

The former general manager of China State Railway Group yesterday pleaded guilty to taking bribes over a period of 18 years, China Daily reports.  Sheng Guangzu, 74, was on trial…

A two-and-a-half year investigation carried out by the Australian Border Force and Australian Taxation Office has led to the conviction of four Chinese nationals working in the construction industry in…

The founder of a South Carolinian construction company has been charged with wire fraud and money laundering after a six-day trial. Antoine Berenyi, 63, was the founder of Charleston-based contractor…

Luxembourg’s government plans to bolster the country’s flagging construction sector with a €150m package of incentives, news site RTL Today reports. To stimulate house building, it will offer a €20,000…