Billionaire Jeffrey Cheah’s Sunway moves ahead with $2.7 billion IJM takeover despite money laundering probe

Sunway City Kuala Lumpur, a former tin mining town transformed into a mixed-use estate by billionaire Jeffrey Cheah. Thanks to Sunway Sun road– controlled by Malaysian billionaire Jeffrey Chea– is going ahead with its 11 billion ringgit ($2.7 billion) takeover bid for Kuala Lumpur-listed construction company IJM, which is facing a money laundering probe. The […]

Design for disassembly can save waste and stop housing supply problems

Panasonic is revising products designed for disassembly and reassembly for a more sustainable solution to electronics waste. Panasonic At this year’s CES there were so many great gadgets, technologies and new approaches to old problems, but none were more compelling than Panasonic’s design of autonomous disassembly. The program, which will start later this year, will […]

Construction of the Toronto-Quebec City high-speed rail line planned for 2032: CEO

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Apollo’s $1.2 billion bet on QXO tests data caps in building materials

Apollo Global Management affiliates yesterday announced a $1.2 billion investment in QXO. Brad Jacobs, CEO of QXO, entered the construction industry after building a string of successful logistics and equipment rental distribution companies by acquiring Beacon Roofing Supply in April 2025. He has told shareholders he has a $50 billion revenue target over the next […]

What QXO’s $1.2 billion investment means for the fragmented building materials industry

QXO, a leading distributor of roofing products and building materials, is nearing a new acquisition as part of a plan to disrupt and consolidate the fragmented $800 billion building products industry and reach $50 billion in annual sales within about five years. By reshaping an unconsolidated market and capturing a much larger share of distribution, […]

Budget office sees a modest increase in the housing supply from Build Canada Homes

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