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Eurozone construction activity declines further in June

Eurozone construction activity declines further in June

The latest HCOB construction purchasing managers’ index (PMI) data showed the total activity index falling to 45.2 from 45.6 in May, signalling a steeper contraction in overall output. That downturn was led by accelerated declines in both...

ATRA Doftana to expand eco-luxury resort with €7.2m EU-backed investment

ATRA Doftana to expand eco-luxury resort with €7.2m EU-backed investment

Prahova’s flagship design hotel to triple guest capacity and add wellness infrastructure in sustainable upgrade ATRA Doftana, the award-winning lakeside retreat in Valea Doftanei, has announced a major expansion and upgrade of its resort following...

AstraZeneca's Imfinzi receives EU approval, AFC Energy launches Joint venture with ICG

AstraZeneca's Imfinzi receives EU approval, AFC Energy launches Joint venture with ICG

STOCKS TO WATCH Drugmaker AstraZeneca said on Friday that its Imfinzi asset has been approved in the EU as the first and only perioperative immunotherapy for muscle-invasive bladder cancer. AZN said the approval was based on Phase III trial...

Italian subsidiary Eni Plenitude expands business in Spain

Italian subsidiary Eni Plenitude expands business in Spain

AK&M 04 July 2025 14:10 Plenitude Renewables, a subsidiary of Italy's Eni S. p.A., continues to expand its renewable energy business in Spain as part of the 200 MW Entrenúcleos solar project. This is reported in the Plenitude press release. The...

Business News | BharatBenz Strengthens Construction Segment with All-New Construction and Mining Range to Power India's Infrastructure Boom

Business News | BharatBenz Strengthens Construction Segment with All-New Construction and Mining Range to Power India's Infrastructure Boom

PRNewswire Chennai (Tamil Nadu) [India], July 4: India's mining and construction equipment sector is poised for significant growth, projected to expand from $16 billion to $45 billion by 2030*. To support this surge, Daimler India Commercial...

HAL set to buy VolkerWessels’ Dutch construction arm

HAL set to buy VolkerWessels’ Dutch construction arm

July 4, 2025 Photo: DutchNews.nlInvestment firm Reggeborgh has reached an agreement in principle to sell large parts of construction group VolkerWessels to investor HAL, in a transaction also involving HAL’s subsidiary Boskalis. The intended deal...

THIS WEEK IN HISTORY (July 5, 1917): McGill war hero Percival Molson fell in France

THIS WEEK IN HISTORY (July 5, 1917): McGill war hero Percival Molson fell in France

On July 5, 1917, Capt. Percival Molson, a famed McGill University graduate and athlete, was killed in action in France at age 36. Born in 1880, he was a notable sports figure, becoming the youngest Stanley Cup champion at 16 and McGill's first...

Bulgaria Upgrades Over 550 km of Railways with EU Support, Deputy Transport Minister Says

Bulgaria Upgrades Over 550 km of Railways with EU Support, Deputy Transport Minister Says

Key railway sections across Bulgaria with a total length of over 550 km are in the process of modernization, said Deputy Minister of Transport and Communications Lyuben Nanov. He was speaking Friday at a conference titled "Strategic Infrastructure...

Trump says 10-12 tariff letters to be sent out on Friday, Bessent expects deals ahead of deadline - Newsquawk Europe Market Open

US President Trump said they will start sending letters regarding tariffs and 10 to 12 countries will get a letter on Friday, with tariffs to range from 10%-20% and 60%-70%, while countries are to start paying the new tariff on August 1st. US...

Sanctioned Sulkhan Tamazashvili’s unlawful construction and undeclared property

Sanctioned Sulkhan Tamazashvili’s unlawful construction and undeclared property

The illegitimate Chairman of the Government of Adjara, Sulkhan Tamazashvili, and his family members have unlawfully occupied an unregistered land plot with an area of 2,887 sq. meters (plot no. 3 on the image) adjacent to registered land plots in...

Trump is out to sacrifice Ukraine to appease Russia. Europe must step up

Trump is out to sacrifice Ukraine to appease Russia. Europe must step up

Acting indirectly in a way that aids Russia in this conflict is consistent with President Trump’s previous actions. The conclusion can only be that United States policy is to so degrade Ukraine’s ability to resist that it will be forced to the...

Friday preview: 'Big, Beautiful' bill, UK construction PMI in focus

Friday preview: 'Big, Beautiful' bill, UK construction PMI in focus

Worth noting, US financial markets will remain closed in observance of 4 July. Nonetheless, the headlines out of Capitol Hill, where lawmakers were still negotiating the finer details of President Trump's 'Big, Beautiful' bill, might easily sway...

UK seaside town attraction named Europe’s ‘most action-packed theme park’

UK seaside town attraction named Europe’s ‘most action-packed theme park’

A seaside town attraction in the UK has been named Europe's "most action-packed theme park". It beat competitors with an impressive 40% ratio of rollercoasters and high-thrill attractions to the total number of rides within the park.Researchers...

EU invests €2.8 billion in 94 transport projects to boost sustainable, connected mobility across Europe

EU invests €2.8 billion in 94 transport projects to boost sustainable, connected mobility across Europe

- Advertisement - - Advertisement - - Advertisement - BRUSSELS, July 04 (WAM/APP) : The European Commission selected 94 transport projects to receive nearly €2.8 billion in EU grants under the Connecting Europe Facility (CEF). By modernising...

UK construction downturn eases as house-building improves, commercial work tanks

UK construction downturn eases as house-building improves, commercial work tanks

By Andy Bruce MANCHESTER, England (Reuters) -The downturn in Britain’s construction industry abated slightly in June as homebuilding returned to growth, but commercial building activity tumbled thanks to mounting worries about the economy, a...

UK construction activity falls for six consecutive month

UK construction activity falls for six consecutive month

There was a small rise in house-building but this was offset by commercial and civil engineering sectors stuck in reverseTotal UK construction activity fell for the sixth month running in June, according to the latest monthly survey of industry...

The EU will provide Ukraine with €76 million for the construction of a European-gauge railway line between Lviv and Poland

The EU will provide Ukraine with €76 million for the construction of a European-gauge railway line between Lviv and Poland

The European Union has approved a €76 million grant to fund the first phase of constructing a European-gauge railway line in Ukraine. The project involves laying a 1435 mm standard-gauge track along the Sknyliv–Mostyska II section, which will...

Brussels allocates €295.5 million for Rail Baltica

Brussels allocates €295.5 million for Rail Baltica

The Connecting Europe Facility (CEF) has allocated €295.5 million for the construction of Rail Baltica, with €47.1 million of that amount earmarked for Estonia. Of the additional funding allocated by Brussels, Latvia will receive €153.5 million,...

Singapore ranked 26th among most valuable market for residential real estate globally: Savills

Singapore ranked 26th among most valuable market for residential real estate globally: Savills

SINGAPORE: Singapore ranked 26th among the most valuable residential real estate markets in 2024, four spots higher than in 2019, despite being 109th in the world by population, according to Savills World Research. The recently published report...

TNT wanted: Europe’s ammunition push is missing its explosive core

TNT wanted: Europe’s ammunition push is missing its explosive core

Europe’s grand plans to surge ammunition production hinge on a single factory in central Poland – the only place in the EU that still makes trinitrotoluene, or TNT, the explosive core of most weapons production. Since Russia’s war on Ukraine,...

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