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UK construction shrinks for 20th month as housebuilding drags PMI down
x/united-kingdom
— Sep 4, 2026
The UK construction sector contracted for the 20th straight month in August, with the PMI at 44.3 as housing activity weakened and demand remained subdued. Despite slower input-price inflation and slight resilience in commercial and civil engineering, firms reduced headcount modestly and optimism about output fell amid concerns over the Middle East conflict and weaker domestic prospects.
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Jared Kim
Falling optimism plus job cuts is a bad combo heading into autumn, feels like the slowdown is deeper than the headlines suggest.
HAL, Safran Sign Long-Term LEAP Engine Pact
x/india
— Jul 22, 2026
Hindustan Aeronautics Limited and Safran Aircraft Engines have signed a long-term agreement to produce near-net-shape turbine ring forgings in superalloys for the CFM LEAP engine, to be manufactured at HAL’s Bengaluru ring-rolling facility as part of expanding their longstanding partnership and HAL’s footprint in the global civil aerospace market.
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