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Sweden s SBB shares slump as debt concerns mount

Shares in Swedish real estate company SBB extended their decline on Tuesday after it said on Monday it would halt dividend payments and scrap a planned share issue in the wake of a credit rating cut.

Westinghouse unveils small modular nuclear reactor

U.S. company Westinghouse unveiled plans on Thursday for a small modular reactor to generate virtually emissions-free electricity that could replace coal plants or power water desalinization and other industries.

Builder Skanska profits hit by slumping property development

Swedish builder Skanska reported a sharp fall in operating earnings for the first quarter on Thursday as soaring inflation and interest rates weighed on real estate markets, hitting its property development business.

Major Gulf bourses mixed ahead of Fed rate decision

Australian landlords push back on property valuation doomsday

Australia's biggest landlords and developers played down concerns about inflated commercial property valuations at a conference on Tuesday, while acknowledging economic uncertainty was making investors and renters more cautious.

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