HOCHTIEF Profit Climbs 49% on Data-Center Demand
The German construction group reported third-quarter operational net profit of €271.9 million and reaffirmed its full-year guidance.
Global Construction News
Reporting here follows construction as an industry — permit volumes, housing starts, major infrastructure projects, labor availability and costs, contractor news and the economic and regulatory conditions that determine where and how much gets built. Coverage runs from world championship and Olympic results through the college and professional developments that sustain the sport between major events.
Recent news
November 6, 2026
Heavy Equipment Makers Report Growth on Infrastructure DemandCaterpillar, Komatsu, Manitowoc and Volvo Construction Equipment cite infrastructure and energy projects in third-quarter results.
November 6, 2026
XCMG Hosts Global Construction Machinery Innovation ContestThe 15th China Innovation & Entrepreneurship Competition's AI and construction machinery division concluded in Xuzhou on October 30, 2026.
November 6, 2026
Orbit Housing Starts Tendering for St Anne's PhasesConstruction on the remaining phases of the St Anne's Quarter housing scheme has yet to begin, with a project team now being appointed.
November 5, 2026
Russia, Iran Secure Land for Rasht-Astara RailwayRussian and Iranian parties signed documents granting access to land plots along the planned 162-kilometer railway route.
November 5, 2026
Vard Starts Steel Cutting for Second UPO VesselVard has cut first steel for NB 1004, the second of two hybrid commissioning service operation vessels ordered by UPO.
November 5, 2026
Excellon Restarts Mallay Silver Mine in PeruThe past-producing silver-lead-zinc mine in central Peru is being brought back into operation as the company pursues free cash flow.
November 5, 2026
Fluor Advances Sierra Gorda Fourth Grinding LineFluor has received full notice to proceed on its EPCM contract for the fourth processing line at Chile's Sierra Gorda copper-molybdenum mine.
November 5, 2026
Ssangyong Signs MOU With Wasl GroupThe South Korean builder and Dubai developer will pursue a 3.6 trillion won project over three years.
November 4, 2026
Trane Technologies Acquires Cancoil Thermal CorporationThe deal adds a North American heat-transfer manufacturer with more than 450 employees to Trane's supply chain.
November 4, 2026
Highlander Silver Advances Corani Silver Project Build-OutHighlander Silver Corp. reports progress on camp, roads and power infrastructure at its Corani Silver Project in Peru.
More in Construction
Coverage takes in permit data and housing start reports, infrastructure project groundbreakings and milestone updates, construction labor shortage reporting, contractor earnings and backlog data, material cost movements and the zoning and regulatory decisions that set the conditions for development in a given market. Housing starts data gives construction coverage a leading-indicator quality for the broader economy, since residential construction activity reflects credit conditions, consumer confidence and demographic demand in ways that anticipate movements in related sectors. Infrastructure project coverage has expanded with the scale of public investment, as major programs have moved from authorization to procurement to ground-level construction and the tracking of progress, cost and timeline has become a sustained reporting obligation. Labor availability in construction — particularly for skilled trades — has become a structural subject as workforce shortages have extended project timelines and inflated costs in ways that affect both public and private development across the country.