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Galileo stalls
Development of Europe's Galileo satellite navigation system has come to a halt following the breakdown in talks to negotiate the associated PPP concession. A new report by the Commission says the only way to re-start the projects is by using public funds to buy some, if not all, of the satellites. Chris Sleight reports.
Cool-down in May
After four months of strengthening sentiment, May saw opinions about the climate for construction in Europe cool slightly. Having said that, the industry remains very up-beat. Chris Sleight reports.
New highs all round
Renewed confidence in the US saw shares hit record highs in late May. The construction sector benefited from this – particularly equipment manufacturers – with the industry as a whole and its three individual sub-sectors all hitting new highs. Chris Sleight reports.
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