07 May 2026

Tauron Polska Energia has received approval to build a new cogeneration plant in Lagisza, Bedzin, while its subsidiary Tauron Ciepo secured support for four units in a recent cogeneration premium auction. The total capacity of these units exceeds 100 MW. The company expects to generate around PLN 2.5 billion in revenue from the premium mechanism over the support period. Winning bids in the auction were priced between PLN 249.92 per MWh and PLN 274.77 per MWh. The development aligns with Tauron’s ongoing efforts to strengthen efficient heat and power generation.Read more

07 May 2026

Canada’s economy recorded a 0.2% monthly growth in February, marking the fourth consecutive increase and aligning with market expectations. The growth was largely driven by strong performance in manufacturing, wholesale trade, and the mining and oil and gas sectors. Despite global uncertainties, including U.S. tariffs and geopolitical tensions, the economy has remained stable. However, sectors such as agriculture, construction, and public administration saw a decline. Early estimates suggest flat growth in March, with first-quarter GDP projected to expand at an annualised rate of 1.7%, slightly above central bank estimates.Read more

07 May 2026

Martin Marietta Materials reported improved financial performance in the first quarter, supported by strong pricing and continued demand from infrastructure and non-residential construction. The company benefited from increased activity linked to data centres and early construction momentum in key regions. Profit per share came in slightly above market expectations, while revenue saw a notable year-on-year rise. The company has also issued a steady revenue outlook for the full year, with projections slightly exceeding analyst estimates, indicating continued confidence in infrastructure-led demand.Read more

07 May 2026

Bewi Invest ASA has acquired a light industrial property in Oppdal through its subsidiary Corvus Estate AS. The transaction reflects the company’s continued focus on expanding its real estate portfolio, particularly in industrial and logistics assets. While financial details of the deal were not disclosed, the acquisition aligns with Bewi Invest’s broader strategy of investing in income-generating properties. Oppdal, known for its strategic location and growing commercial activity, has seen rising interest from investors in recent years.Read more

07 May 2026

Wing Tai Holdings’ unit, along with Metrobilt Construction, has secured a residential land tender from Singapore’s Urban Redevelopment Authority at a bid price of SGD 533 million. The two companies will form a joint venture to develop the site into a housing project. The deal reflects continued developer interest in Singapore’s residential market despite cost pressures. Wing Tai, known for its premium residential projects, is expanding its development pipeline through this partnership. The project is expected to add to the city’s upcoming housing supply and aligns with ongoing urban planning efforts.Read more

06 May 2026

The United States Trade Representative (USTR) has flagged Vietnam as a “Priority Foreign Country” in its latest intellectual property rights report, marking the first time in 13 years that any country has been placed in this highest-risk category. The move indicates serious concerns over Vietnam’s IP protection and enforcement practices and opens the door for a possible trade investigation under Section 301 of the Trade Act of 1974. The designation also follows allegations of weak enforcement and limited progress in negotiations with the US on intellectual property standards and compliance.Read more

06 May 2026

China’s railway network recorded its highest-ever single-day passenger movement during the peak of the May Day holiday travel period, carrying 24.8 million passengers, according to official data released by China State Railway Group and reported by Reuters. The surge reflects strong domestic travel demand during the holiday season. Authorities also projected that nearly 19.7 million passengers would travel on the following day of the holiday period. The spike in movement highlights continued strength in China’s tourism activity, which remains an important support factor for domestic consumption despite broader economic pressure.Read more

06 May 2026

Yuexiu Property Co Ltd has approved a significant connected transaction involving the disposal of multiple assets and business units, including Nansha IFC, Yungu Industrial Park, Zhigu Industrial Park, Bijie Hotel, and selected healthcare operations. The consideration for Nansha IFC alone has been set at RMB1.93 billion, payable in cash. The overall transaction is expected to reduce the company’s total assets by about RMB5,900 million, while generating net proceeds of approximately RMB4.46 billion. The company also expects to record an after-tax gain of around RMB108 million from the disposal of the identified entities.Read more

06 May 2026

Amazon has introduced a new service, Amazon Supply Chain Services, allowing external businesses to access its logistics and delivery network. The system enables companies of all sizes to manage transportation, storage and delivery of goods ranging from raw materials to finished products. The offering includes Amazon’s freight, distribution, fulfillment and parcel shipping capabilities. Early adopters include major companies such as Procter & Gamble, 3M and American Eagle Outfitters. The announcement also influenced market sentiment, with logistics players UPS and FedEx seeing a decline in premarket trading.Read more

06 May 2026

The Asian Development Bank (ADB) has announced a USD 70 billion programme aimed at strengthening energy and digital infrastructure across the Asia-Pacific region by 2035. The plan focuses on improving cross-border power connectivity, expanding renewable energy integration, and enhancing broadband access. A major share will be invested in a regional power grid initiative, while the rest will support digital networks such as fibre optics and data centres. The programme is expected to improve electricity access, reduce emissions, lower connectivity costs, and create millions of jobs, supporting long-term economic growth in the region.Read more