24 Apr 2026

British Land has increased its earnings guidance after strong demand for office space from artificial intelligence and technology firms boosted rental growth across its London campuses. Leasing activity from companies such as Anthropic and the presence of global players like OpenAI have supported occupancy and pricing, offsetting weaker demand from traditional office users. The company also reported improved occupancy levels and steady performance across its key office assets. However, growth in retail and logistics segments has moderated compared to last year. The revised outlook reflects continued momentum in London’s emerging technology-driven office market.Read more

24 Apr 2026

Australian equities closed largely unchanged as investors remained cautious amid uncertainty surrounding potential US-Iran peace talks. The benchmark index moved within a narrow range, reflecting subdued sentiment. Mining stocks saw slight declines, although Rio Tinto recorded gains after reporting improved iron ore sales and copper output. Energy and financial stocks also slipped, while technology and real estate sectors continued their recovery after earlier losses this year. In New Zealand, inflation remained steady at 3.1% in the first quarter, staying above the central bank’s target range and adding to regional economic concerns.Read more

24 Apr 2026

Keppel Infrastructure Trust has increased the limit of its multi-currency debt issuance programme to strengthen its funding flexibility. The revised cap now stands at USD 2.36 billion, up from the earlier limit, enabling the trust to raise capital through notes and perpetual securities in multiple currencies. The move is aimed at supporting acquisitions, refinancing existing borrowings, and funding asset improvements. The programme is being managed with the support of major Singapore-based banks acting as arrangers and dealers, indicating continued institutional backing for the trust’s financing strategy.Read more

24 Apr 2026

New Zealand’s inflation remained steady at 3.1% in the first quarter, staying above the central bank’s target and coming in higher than expected. A stronger-than-forecast quarterly rise in consumer prices has increased the likelihood of a rate hike in the coming months. Electricity prices were the biggest contributor to inflation, while financial markets reacted with a rise in the New Zealand dollar and swap rates. Despite rising fuel costs linked to global tensions, a business survey indicated that overall inflation pressures across firms remain contained for now.Read more

24 Apr 2026

Honeywell has agreed to sell its productivity solutions and services (PSS) unit to Brady Corporation for USD 1.4 billion in an all-cash deal as part of its ongoing portfolio restructuring. The move aligns with Honeywell’s broader plan to simplify operations and focus on core segments ahead of its planned business split. While Brady expects the acquisition to boost earnings within the first year, analysts have raised concerns that the valuation may not fully reflect the unit’s long-term growth potential, particularly in the warehouse automation sector.Read more

24 Apr 2026

Low-cost airlines in the United States are seeking temporary tax relief as rising jet fuel prices put pressure on their operations. The increase, linked to geopolitical tensions involving Iran, has already led to higher baggage fees, reduced flights and slower capacity expansion across North America. A group of budget carriers has approached lawmakers to suspend certain federal ticket taxes to ease cost pressures. Without intervention, airlines indicate that passengers may face higher travel costs. The situation also adds strain to financially weaker carriers like Spirit Airlines, which is already dealing with restructuring challenges.Read more

23 Apr 2026

Canada’s housing starts recorded a decline in the past month, going against market expectations of an increase. Data released by the Canada Mortgage and Housing Corporation showed a 6 per cent drop compared to the previous month, with the annualised pace falling below economist estimates. The slowdown reflects a weaker-than-expected construction trend despite earlier momentum. The revised figures for the previous month were also highlighted, indicating that while activity had been stronger earlier, the latest data points to some moderation in residential development across the country.Read more

23 Apr 2026

Egypt’s Talaat Moustafa Group has announced plans to develop a large mixed-use city named The Spine to the east of Cairo, with an investment of around USD 27 billion. The project will be developed in partnership with the National Bank of Egypt and structured as a Special Investment Zone alongside the developer’s existing Madinaty project. Spread across about 2.4 million square metres, it will include residential, commercial, hospitality, and green spaces. The development is expected to contribute significantly to Egypt’s economy through tax revenues and job creation.Read more

23 Apr 2026

USA Rare Earth has agreed to acquire Brazil-based miner Serra Verde in a USD 2.8 billion deal comprising cash and shares, as part of its strategy to build an integrated rare earth supply chain. The transaction includes a USD 300 million cash component and equity issuance, with completion expected later this year. Serra Verde’s Pela Ema mine, one of the few sources outside Asia capable of producing key magnetic rare earths, strengthens supply security ambitions in Western markets. The acquisition follows recent US-backed funding support for both companies and aligns with efforts to reduce reliance on Asian supply chains for critical minerals.Read more

23 Apr 2026

Britain’s aviation regulator has proposed allowing Heathrow Airport to recover up to USD 433 million in early expansion-related costs. The move is aimed at supporting planning and design work as the airport prepares for a proposed third runway. The regulator believes early cost recovery is necessary to ensure timely project delivery while maintaining consumer safeguards. The proposal is currently under consultation, with a final decision expected in the coming months. The development comes as Heathrow faces capacity constraints and rising competition from other major European airports.Read more