Engineering and construction costs continued to increase in June, according to the Engineering and Construction Cost Indicator by PEG and S&P Global Market Intelligence. However, fewer respondents reported higher prices, with the materials and equipment cost index falling 10.6 points to 74.7 from May. The subcontractor pricing remained nearly flat, decreasing slightly to 51.9. This suggests that while inflationary pressures persist in the sector, the rate of cost increases may be moderating, which could impact project budgeting and investment decisions going forward.
Bitcoin dropped 2.5% to about $62,674 on June 23, pressured by the Federal Reserve's hawkish outlook and six consecutive weeks of Bitcoin ETF outflows totaling over $6 billion in the past month. The Fed's stance on maintaining or raising interest rat...
Arbitrum's ARB token is under significant bearish pressure, dropping roughly 96% from its all-time high and experiencing double-digit losses in the last 24 hours. Long traders faced liquidations totaling over $750,000, while shorts lost under $7,500,...
NETSOL Technologies has formed a strategic partnership with Stockholm-based Applicon Financial Solutions to accelerate its expansion in the Nordic region. This collaboration aims to help Nordic banks and finance companies modernize their core technol...
At PetroTal's annual general meeting on June 23, 2026, shareholders representing 43.3% of shares approved all resolutions, including electing eight directors, appointing Deloitte LLP as auditors, granting share units, and authorizing a share consolid...
Norsk Hydro will publish its second quarter 2026 financial results on July 22 at 07:00 CEST. The report and presentation will be available online simultaneously. CEO Eivind Kallevik and CFO Trond Olaf Christophersen will host a live webinar in Englis...
