From brick-and-mortar construction projects to providing school meals, U.K. contractor Carillion PLC was a major government supplier before spiraling debt forced it into bankruptcy on Jan. 15.
Government and partners take steps to secure contracts, employee pay as lenders bail on deal to fix firm's $2.1 billion debt; some fears of industry-wide impacts.
Following a slowdown in worldwide construction output last year, 2018 will start a long period of growth, reaching 15% of total GDP by 2032, according to a new forecast.
A rubber safety screen falls away from a newly blasted rock at one of the many faces forming an 18-kilometer-long tunnel being built to divert traffic away from Sweden’s capital city.
In a remote corner of western Spain, the world’s biggest concrete-arch railroad bridge awaits the arrival of tracks and signaling for the planned high-speed corridor between Madrid and Portugal’s capital, Lisbon.