28 Apr 2026

The Swiss National Bank reported a net loss of 498 million Swiss francs (CHF) for the first quarter, as a sharp decline in foreign currency investments outweighed gains from rising gold prices. Losses of around CHF 8.2 billion on equities and bonds, driven by weak global markets and expectations of higher interest rates, impacted overall performance. This was partially offset by a CHF 7.8 billion gain in gold holdings, supported by a 6.8% rise in gold prices. The central bank continues to remain exposed to global market fluctuations due to its large foreign asset portfolio.Read more

28 Apr 2026

Fabege AB reported a steady performance in the first quarter, with rental income rising by 3.1% to SEK 892 million. The company also saw a notable increase in property management profit, which grew to SEK 370 million from SEK 285 million in the previous year. Profit after tax stood at SEK 125 million, translating to SEK 0.40 per share. The results reflect stable leasing activity and operational performance despite broader market uncertainties impacting the real estate sector.Read more

28 Apr 2026

Kuwait Airways has entered into a contract worth KWD 33.5 million with Automated Systems Company to manage its infrastructure and information technology systems. The agreement focuses on strengthening the airline’s operational efficiency through improved IT management and system support. Such collaborations are becoming increasingly important in the aviation sector as airlines look to modernise operations and enhance service reliability. The move also reflects a broader trend of digital transformation across transport infrastructure, where technology-driven upgrades are being prioritised to support long-term operational stability.Read more

27 Apr 2026

UK-based warehouse and logistics property company Segro is expanding its data centre strategy across Europe, with planned sites in France, Germany, Italy and Poland to benefit from rising artificial intelligence-driven demand. The company expects strong long-term demand around major urban centres and is actively working on securing planning approvals and power connections. In the UK, it has strengthened its position with 400 MW power upgrades in London and Slough, a pre-let deal for a 30,000 square metre facility, and approval for a GBP 1 billion (USD 1.35 billion) data centre project in West London. Data centres currently account for about 7% of its clients.Read more

27 Apr 2026

Holcim delivered better-than-expected results for the first quarter of the year even as global construction activity showed signs of weakening. The company reported a 4.8% decline in sales to CHF 3.52 billion, which still came in above estimates, while recurring operating profit stood at CHF 431 million, also ahead of market expectations. Performance was influenced by portfolio restructuring, exits from select markets, adverse weather in Europe, and currency pressure from a strong Swiss franc. Despite softer industry sentiment and revised global growth expectations, Holcim maintained its full-year outlook and continued its expansion through acquisitions in Latin America.Read more

27 Apr 2026

Titania Holding AB has entered into a SEK 200 million construction credit facility agreement with Kinnerton to support the development of 44 townhouses. The financing is aimed at strengthening the company’s residential pipeline and ensuring smoother execution of ongoing projects. The move reflects Titania’s continued focus on expanding its housing portfolio amid stable demand in the residential segment. The company has been actively securing funding arrangements in recent years to support project delivery and maintain liquidity during construction phases.Read more

27 Apr 2026

Yesway has raised USD 280 million through its initial public offering in the United States, pricing its shares at USD 20 apiece, at the lower end of the indicated range. The listing values the company at approximately USD 1.21 billion and reflects a gradual revival in the US IPO market, particularly within consumer-facing sectors. Backed by Brookwood Financial Partners, Yesway operates over 400 convenience stores across nine states in the Midwest and Southwest regions. The IPO comes after earlier delays linked to market uncertainty and is being viewed within the broader context of improving investor sentiment, as companies resume public listing plans amid stabilising economic conditions and renewed capital market activity.Read more

27 Apr 2026

Sumou Real Estate Company has entered into an infrastructure development agreement in Riyadh with Mashariq Al Arabi, strengthening its role in Saudi Arabia’s expanding real estate sector. The company will oversee development activities and earn management fees linked to project costs. The deal aligns with the Kingdom’s broader urban expansion plans under Vision 2030, where private developers are playing a key role in delivering large-scale infrastructure and residential projects. The agreement highlights Sumou’s continued focus on fee-based income and project management services as part of its growth strategy.Read more

27 Apr 2026

Singapore-based Keppel Ltd reported a slight decline in its first-quarter net profit, mainly due to weaker performance in its real estate division. While its infrastructure and connectivity businesses showed improvement, these gains were offset by lower valuation and divestment contributions from property assets compared to last year. The company recorded a 13 per cent rise in asset management fees to SGD 108 million (USD 84.67 million). Keppel also indicated limited direct exposure to Middle East tensions but flagged potential risks to energy security and fundraising if disruptions continue. It has monetised SGD 385 million worth of assets so far this year.Read more

27 Apr 2026

Construction has commenced on a temporary cricket stadium in Pomona, Southern California, for the Los Angeles 2028 Olympics, marking the sport’s return to the Games after over a century. The venue will host men’s and women’s T20 competitions with six teams each. The International Cricket Council (ICC) has positioned this as a key step in expanding cricket’s global reach. The ground is also scheduled to host a few Major League Cricket matches in the coming months, indicating early operational use ahead of the Olympics.Read more