17 Jan 2026

Larsen & Toubro (L&T) has moved to take full control of its offshore marine construction joint venture, L&T Sapura Shipping Private Limited (LTSSPL), by acquiring the remaining 40% stake from Sapura Nautical Power Pte Ltd for INR 122.39 crore (about USD 30.5 million). L&T will buy over 6.35 crore shares at INR 19.26 each and settle Sapura�s outstanding shareholder loan of roughly USD 16.93 million. The transaction, expected to close by the end of this month, strengthens L&T�s offshore marine capabilities in India and the Middle East.Read more

17 Jan 2026

The UAE is set to launch its first national passenger rail network under the Etihad Rail programme later this year, connecting 11 cities and regions across all seven emirates, from Al Sila in the west to Fujairah in the east. Trains will run at speeds up to 200 km/h, offering significant reductions in travel time, including a journey from Abu Dhabi to Dubai in under an hour. The network features strategically located stations with strong integration to local transport systems, supporting commuters, tourists, and business travel while enhancing national connectivity.Read more

16 Jan 2026

UK homebuilder Vistry has forecast profit for 2025 below market expectations after reporting a decline in home sales amid continued uncertainty in the housing market. The company said softer demand from private buyers and delays in partner-funded housing deals affected performance, while forward sales also declined year on year. Although revenue remained broadly flat, sales volumes fell and investor sentiment weakened, leading to a sharp drop in the company's share price. Vistry said government-backed affordable housing programmes continued to support activity, but affordability pressures and fiscal uncertainty limited private market recovery. The company expects future opportunities from long-term government housing initiatives, while remaining cautious on near-term conditions.Read more

16 Jan 2026

Alaska Airlines has placed its largest aircraft order to date with Boeing, committing to 110 jets and securing options for 35 more. The deal includes 105 Boeing 737 MAX 10 aircraft and five Boeing 787-10 Dreamliners, marking a major step in fleet modernisation and international expansion. The order reflects renewed confidence in Boeing's manufacturing controls following earlier safety issues. It also aligns with Alaska's post-merger strategy after acquiring Hawaiian Airlines to strengthen long-haul operations.Read more

16 Jan 2026

MRV Engenharia e Participacoes SA posted a 5.9% rise in pre-sales for its real estate development segment in Q4, totaling 2.76 billion INR, while project launches dropped 3.0% to 2.85 billion INR. The growth in pre-sales reflects ongoing demand for residential properties, particularly among middle-income buyers, even as launches remain slightly lower than last year. MRV&Co has consistently used digital sales channels and financing partnerships to sustain pre-sales momentum, balancing careful project expansion with steady revenue growth in a challenging market environment.Read more

16 Jan 2026

Families of victims from the 2025 Air India Boeing 787-8 Dreamliner crash near Ahmedabad have filed a lawsuit against the airline in the UK High Court, seeking personal injury damages. The crash resulted in 260 deaths, including passengers, crew members, and people on the ground, with only one survivor. This legal action follows earlier lawsuits in the United States against Boeing and Honeywell, where families alleged that faulty fuel switches contributed to the accident. The case adds to growing international legal scrutiny surrounding the incident.Read more

16 Jan 2026

Airbus delivered 793 commercial aircraft in 2025, marking a year-on-year increase and allowing the European manufacturer to retain its lead over Boeing in total deliveries. The figure was marginally higher than the revised annual target of around 790 aircraft, which had been lowered due to supply chain and engine availability issues. Alongside deliveries, Airbus recorded strong order activity and ended the year with a record backlog of 8,754 aircraft. Boeing, meanwhile, improved its delivery numbers and outperformed Airbus in net orders, signalling gradual recovery.Read more

15 Jan 2026

FrontView REIT has outlined its investment activities for the first quarter, reporting nine acquisitions worth USD 31.5 million and three planned disposals of USD 4.9 million. Net investment activity is projected at around USD 25 million, with average cap rates between 7.25% and 7.50%. The company has emphasized sector-leading property disclosures, offering detailed insights into each asset and its strategy. Over recent quarters, FrontView has focused on strategic acquisitions that enhance its portfolio while maintaining transparent reporting, positioning the REIT as a clear performer in the real estate investment trust market.Read more

15 Jan 2026

Evergrande Property Services Group has informed investors that liquidators managing the company's affairs have asked a selected group of bidders to submit updated non binding offer proposals by the end of this month. This request comes after preliminary proposals were submitted late last year, and no binding agreements have been made so far. The liquidators have clarified that new indicative offers from other parties are not being considered at this stage. These developments are part of the broader liquidation process of Evergrande Group under Hong Kong court supervision, aiming to assess and potentially monetise company assets efficiently.Read more

15 Jan 2026

Brazilian renewable energy developer Casa dos Ventos has signed a power supply agreement valued at over USD 500 million with data centre operator Ascenty, strengthening the link between clean energy and digital infrastructure in the country. Under the deal, Ascenty will partner in two new renewable projects one wind and one solar developed by Casa dos Ventos. Once operational in 2027, the projects will supply 110 average megawatts of clean energy to Ascenty's facilities. The agreement highlights growing demand from data centres for long-term renewable power contracts in Brazil, supported by the country's abundant wind and solar resources.Read more