International

[embedded content] China Evergrande Group said on Thursday its founder is being investigated over suspected “illegal crimes”, the latest blow to the embattled property developer as it grapples with a debt-restructuring plan. Trading in shares of the company was suspended earlier in the day after a report that its chairman had been placed under police
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The construction industry has more than a century of progress to catch up on and should not be “afraid of disruption”, according to the boss of an offsite manufacturing firm.   Tony Wells, chief executive of Merit, invoked economist Paul Krugman in identifying productivity as the key challenge facing the sector.  “Productivity isn’t everything but in
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Amendments to Poland’s renewable energy laws will go into effect in October, permitting the installation of solar systems up to 150 kW in size, without the need for building permits. Piotr Pająk, a local PV analyst, says the changes will support investments in rooftop solar projects. September 27, 2023 Angela Skujins Warsaw In October, Poland’s
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The landscape in Riyadh, Saudi Arabia (Photo: AdobeStock) US contractor Bechtel has opened a new regional headquarters in Riyadh, Saudi Arabia, reflecting the scale of construction megaprojects underway in the country. Bechtel is already working on several high-profile projects in the kingdom, including NEOM, Trojena, the Riyadh Metro Project and New Murabba. The company, which
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