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Ocado has secured a new agreement to build a large robotic warehouse for a fast-growing European retailer, providing fresh momentum to its technology solutions business after a challenging period. The automated facility is expected to become operational in 2028 and will use Ocado's latest fulfilment technology. The deal comes after the company's shares came under pressure following weak first-half results and amid changes in its partnerships in North America. The agreement also follows Ocado's recent technology partnership with Asda, reflecting its continued focus on expanding its automation business.Read more

23 Jul 2026

Austria has officially converted Adolf Hitler’s birthplace in Braunau am Inn into a police station, ending years of debate over the future of the historic building. The government believes the move will reduce its appeal as a destination for neo-Nazi visitors by removing its symbolic association with Hitler. While many local residents have welcomed the decision, Holocaust remembrance groups argue that the redevelopment does not do enough to acknowledge the crimes of the Nazi regime. The project reflects Austria’s continuing effort to address one of the most sensitive parts of its history.Read more

23 Jul 2026

China continues to lead the world in large-scale wind and solar energy development, but a significant portion of electricity transmitted from its renewable energy megabases still depends on coal-fired power, according to a new report by Global Energy Monitor. While renewable capacity is expanding rapidly, limited transmission infrastructure and the continued use of coal for grid stability remain major challenges. The report also highlights the need for more energy storage systems to improve renewable integration and reduce dependence on coal in the country's long-distance power transmission network.Read more

23 Jul 2026

Long Yuan Construction Group has announced that one of its subsidiaries has won a contract worth 556.2 million yuan for the construction of an auto science and technology base project. The development marks another addition to the company's project portfolio and is expected to support its order book. While the company has not disclosed further details about the project, the contract highlights its continued participation in large-scale infrastructure and industrial construction projects in China amid ongoing investments in manufacturing and technology facilities.Read more

23 Jul 2026

COSCO SHIPPING Specialized Carriers plans to expand its fleet through a major investment in new vessels. The company said one of its subsidiaries or an affiliated company will invest up to USD 384.31 million (around 2.6 billion yuan) to construct eight vessels. The investment is aimed at strengthening the company's shipping capacity and supporting its long-term fleet expansion strategy. The move comes as global shipping companies continue to modernise fleets and improve operational efficiency to meet evolving trade and logistics requirements.Read more

23 Jul 2026

Methaq Real Estate Investment Company PSC has reported a net loss of 60,499 dinars for the second quarter, according to its latest financial disclosure. The update reflects the company's quarterly financial performance and comes after the company had returned to profitability in its full-year 2025 results. Methaq operates in the real estate development and investment sector in Jordan, with activities spanning land acquisition, property development, leasing, and real estate investments. The latest earnings announcement provides investors with an update on the company's financial position for the quarter.Read more

23 Jul 2026

Delta Property Fund has announced the proposed sale of Hatfield Forum East for ZAR 35 million in an all-cash transaction as part of its ongoing asset disposal strategy. The company also confirmed the successful transfer of the In2Fruit and 88 Field Street properties, marking further progress in executing its property sales programme. The disposal forms part of Delta's efforts to streamline its portfolio, strengthen liquidity and reduce debt. The company has been pursuing selective asset sales over the past few years to improve its financial position and focus on long-term portfolio optimisation.Read more

23 Jul 2026

Emlak Konut REIT reported strong sales performance for the January–June period, with total revenue from residential units and land sales reaching 50.70 billion lira. The company generated 45.17 billion lira in presales revenue from 2,598 independent units, excluding VAT, while land sales contributed an additional 5.52 billion lira. The developer also recorded sales to foreign buyers worth 624.2 million lira, excluding VAT, reflecting continued international interest in its projects. The update highlights the company's steady sales momentum during the first half of the year.Read more

23 Jul 2026

Segro has rejected Prologis’ revised takeover proposal valued at USD 18.17 billion, marking the third unsuccessful approach by the U.S.-based warehouse company. The latest offer represented a premium of nearly 34% over Segro’s share price before the bid became public. Following the rejection, Prologis has appealed directly to Segro’s shareholders ahead of the UK takeover deadline. The company also indicated that it may explore a secondary listing on the London Stock Exchange if the proposed combination moves forward.Read more

23 Jul 2026

Malaysia-based IJM Corp is evaluating the possibility of listing its construction business as part of efforts to explore strategic options for the group. The company has begun the process of appointing advisers to assess the proposal but said no final decision has been taken. Market reports had earlier indicated that the listing could raise nearly USD 293.40 million and unlock significant shareholder value. The move comes months after Sunway's takeover attempt for IJM failed to meet the required acceptance conditions.Read more