Business

Neither S&P 500 nor Nasdaq could challenge Thursday‘s highs – opportunity to sell was acted upon right off the opening bell. Both decent intraday recoveries failed, and the indices closed on a risk-off mode – taking risk down was visible in the leader Russell 2000 as well. Smallcaps have though offered great profit opportunities, and

The US Energy Information Administration forecasts US Crude production to remain near 13.6 million bpd in 2026, with a gradual decline next year due to weaker drilling activity amid low Oil prices. While oversupply persists at roughly 2.8 million bpd this year, rising demand and falling US output are expected to gradually reduce the global

China imported a record volume of Crude Oil in December and across 2025, driven by higher refinery runs and aggressive stockpiling, Commerzbank's commodity analyst Carsten Fritsch notes. Record Oil buying boosts global demand outlook "China imported a record amount of Crude Oil in December. The import volume amounted to 56 million tons, or 13.2 million

The British Pound (GBP) trades sideways against the US Dollar (USD) on Friday during the North American session, after reaching a daily high of 1.3413, but solid US data released this week capped Sterling’s advance. GBP/USD trades at 1.3380 and continues to distance from the 200-day SMA key technical level at 1.3405. Dollar supported by

CGI of Ballymore's planned development Ballymore has secured approval to build 1,685 new homes on an industrial brownfield site on the north bank of the River Thames, to the east of Thames Barrier Park. It expects to begin construction in 2027. The consented scheme, also known as Unex, will also include a new primary school

Pamela Bingham Pamela Bingham will take over as chief executive of Alumasc Group on 31st March 2026 on the retirement of current chief executive Paul Hooper after 25 years with the company. Bingham will join Alumasc from seals and bearings manufacturer Eriks UK & Ireland at the beginning of March as CEO-designate. Before Eriks, she

Andrew Hodges and Lee Chisholm from NPORS flank David Roberts and John Clare from HCMUK Hitachi Construction Machinery UK (HCMUK) has secured accreditation as an NPORS approved training provider and accredited training centre under the National Plant Operators Registration Scheme (NPORS). Hitachi said that NPORS recognition would allow HCMUK to widen its delivery of training.

HAE EHA chief executive Paul Gaze Following a review of governance arrangements, the clunkily named Hire Association Europe and Event Hire Association (HAE EHA) has elected a new board. The new board members include: Paul Mabey, JCB major account manager;  David Fox, Huws Gray Plant & Tool Hire regional manager; Andrew Thompson, Cleveland Group chief

CGI of the proposed student tower at the Joseph’s Well site Developer J Pullan & Sons has secured planning approval for a 14-storey tower, as part of its Joseph’s Well complex in Leeds city centre, with rooms for 256 students. It has appointed McLaren Construction Yorkshire and North East as main contractor for the job.

WASHINGTON, DC — Construction input prices rose 0.6% in November—matching the monthly increase for nonresidential construction inputs—according to an Associated Builders and Contractors analysis of newly released US Bureau of Labor Statistics Producer Price Index data. Compared to November 2024, overall construction input prices are up 3.4%, with nonresidential construction inputs rising 3.8% year over