UK's Segro agrees to Prologis' up to $19.2 billion bid

The rupee depreciated 21 paise to 94.95 against US dollar on Wednesday weighed down by surging crude oil prices, which inched closer to the USD 100-a-barrel mark amid the simmering US-Iran tensions. A weak dollar, however, cushioned the fall, forex traders said. At the interbank foreign exchange market, the rupee opened at 94.80 against the…

Jordan Hearin is the chief strategy officer at ID Plans, a platform that digitizes the physical reality of commercial real estate assets to support leasing, property management, construction, and asset management across the full property lifecycle. Founded in 1999, ID Plans now covers over 3 billion square feet across the US, with clients including Regency Centers,…

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., Aug. 5, 2026. Jeenah Moon | Reuters Treasury yields were little changed on Tuesday after long-dated bonds hit their highest level in almost two decades amid a worsening U.S. fiscal situation and persistently higher inflation. The yield on…

The S&P 500 Index ($SPX) (SPY) on Friday rose by +0.86%, the Dow Jones Industrial Average ($DOWI) (DIA) rose by +0.98%, and the Nasdaq 100 Index ($IUXX) (QQQ) rose by +0.91%.  E-mini S&P futures (ESU26) rose +0.83%, and September E-mini Nasdaq futures (NQU26) rose +0.86%. Stock indexes closed higher, supported by Friday’s -2.4% decline in oil prices.  The stock…

Property118 has won a First-tier Tribunal appeal against HMRC over the tax authority’s decision to allocate Scheme Reference Numbers and issue a Stop Notice in relation to its landlord incorporation model. DOTAS labels attached to the arrangements have been removed as a result of the ruling. Litigation centred on the Substantial Incorporation Structure (SIS),…

Bybit is expanding the role of tokenised equities on its platform by using more xStocks as underlyings for its Dual Asset structured product, allowing users to take short-duration exposure to tokenised shares through a yield structure rather than direct holding alone. The exchange added four xStocks pairs linked to Meta, Tesla, Robinhood and Circle, taking…