U.S. construction spending rose 0.9% in August to a seasonally adjusted annual rate of $2.203 trillion, led by gains in private residential and nonresidential building.

Prices fell 0.2% on the month after seasonal adjustment, while mortgage approvals remained below their recent six-month average in August.

PHINIA has completed its purchase of stoba Group, adding high-precision manufacturing capabilities and deeper exposure to semiconductor equipment, aerospace and defense markets.

National Fuel has taken control of CenterPoint Energy’s Ohio natural gas utility, adding about 335,000 customers and doubling the buyer’s utility rate base.

Reported sales rose 17.4%, but most of the increase came from the McCormick de Mexico acquisition; organic sales grew 1.9% as pricing offset a slight decline in volume and mix.

Italy’s seasonally adjusted unemployment rate rose to 6.2% in August, as the number of jobless people increased by 48,000 even though total employment held steady, according to Istat.

The purchase adds Nokia’s fixed wireless access portfolio and global carrier reach to Inseego, while Nokia becomes an approximately 11% shareholder.

The Swiss cloud provider reached the public market through a reverse takeover of Perrot Duval, while its foundation kept majority voting control through unlisted A-shares.

Gerresheimer says proceeds from the completed Centor sale will go toward debt reduction, while its separate Primary Packaging Plastics sale remains targeted for the first half of 2027.

The all-cash acquisition will bring the Norwegian sensor company into SmartSense by Digi, with closing expected before the end of 2026 subject to regulatory approval.