Lowe's Reports Strong Q3 2025 Earnings Amid Strategic Acquisitions   U.S.: Lowe's Companies, Inc. reports net earnings of USD 1.6 billion and diluted EPS of USD 2.88 for the quarter ended Oct. 31, 2025, compared to USD 2.99 EPS in Q3 2024. Total sales reached USD 20.8 billion, up from USD 20.2 billion a year ago, with comparable sales increasing 0.4%, driven by 11.4% online sales growth, double-digit growth in home services, and continued growth in Pro sales. The company reco

Grohe UNITED STATES: Grohe has introduced GROHE SPA, a new premium sub-brand focused on “Wellness through Water,” marking its latest move to elevate luxury bathroom experiences. Debuted at the World Architecture Festival in Miami, the brand reflects Grohe’s vision of integrating wellness principles into spatial design, transforming bathrooms into serene, restorative environments where form and water work in harmony. Developed specifically for architects and designers, GROHE S

Midea Malaysia MALAYSIA: Midea Malaysia has expanded its retail footprint with the launch of a new Midea Pro Shop in collaboration with Dynamic Air-Conditioners Sales & Service at No. 9A, Jalan Lychee, 96000 Sibu, Sarawak. The outlet offers a full showcase of Midea’s latest energy-efficient air-conditioning systems, including inverter models and smart solutions compatible with MSmartHome. With Dynamic Air-Conditioners’ established expertise in installation, maintenance, and t

The European bathroom market remained stable in 2024, declining marginally, navigating shifting consumer preferences, evolving housing dynamics, and broader economic pressures. Eastern Europe maintained a slight lead in overall activity, supported by consistent demand across core categories. Western Europe, while marginally behind in total installations, continues to set the pace for long-term growth, particularly in renovation-led upgrades.  Housing RMI remained the dominant

Myra Partners with Panasonic to Equip New Shah Alam Development Malaysia: Myra, the residential division of Oriental Interest Bhd, has introduced Myra Senja, a mixed-use project in Shah Alam, alongside signing a memorandum of understanding with Panasonic Malaysia. Under the partnership, Panasonic will supply energy-efficient appliances for the project’s open-market residential units, including inverter air-conditioners, electric water heaters and induction hobs. Larger units

ROSHN and Geberit sign MoU to support sanitary technology and local manufacturing Saudi Arabia: ROSHN Group has signed a strategic Memorandum of Understanding with Geberit International Sales AG to support the development of sustainable sanitary technology and expand local manufacturing capabilities in Saudi Arabia. Under the agreement, Geberit will act as a principal supplier of sanitary products and related technologies for ROSHN’s ongoing and future residential and mixed-u

Chile Develops New Technical Standards for Refrigeration and Air Conditioning Chile: Chile’s National Institute of Standardisation (INN) has begun developing two new Chilean Technical Standards intended to regulate practices in the country’s refrigeration and air conditioning sector. The process is being carried out by a technical committee led by the INN’s standards division, using proposals from the Ministry of the Environment. The Institute stated that both standards remai

Airzone Partners with Zeliatech to Expand HVAC Control Solutions in Italy Spain/Italy: Airzone, a Spanish provider of HVAC control technologies, has entered into a collaboration with Zeliatech Srl of the Esprinet Group to strengthen Zeliatech’s Smart Building division. Through this partnership, Zeliatech customers will gain access to Airzone’s temperature and air quality control systems, including multi-zone management integrated into leading home automation platforms. The co

As temperatures continue to rise and rapid urbanisation reshapes the Middle East, cooling demands have become central to national planning in the UAE, Saudi Arabia and Qatar. With both countries launching large-scale residential, commercial, and industrial developments under their long-term visions, cooling is now positioned at the crossroads of sustainability, energy security, and economic diversification. Within this evolving landscape, decentralised cooling systems are eme

First Flagship Experience Centre India: Sternhagen, has opened its first flagship experience centre in Delhi, marking a significant step in its India growth journey. Conceptualized and engineered through its German subsidiary, the brand was created to fill a gap in artistic, design-driven bathroom products, built using distinctive 3D facets and Quartz a material positioned as more premium than ceramics. The company leverages German-engineered molds, materials, and processes t

Strengthen District Cooling Malaysia: In a major sustainability push, ENGIE and Sunway Property announced the expansion of their joint-venture, ENGIE-Sunway DCS Sdn Bhd, to supply up to ~3,000 refrigeration tonnes of cooling capacity to eight Sunway Education buildings, including new Engineering Annex, Faculty of Engineering & Technology and Graduate Centre. The move will meet up to 60% of the campuses’ peak cooling demand and approximately 75% of their annual cooling require

Energy Regulator Simplifies Conditions Ukraine: Ukraine has removed licensing requirements for producing thermal energy in cogeneration units when the energy is sold to a heat supply organization at a price not exceeding 50% of the single-rate population tariff, with businesses now only required to notify the Ministry of Communities and Territories Development, NKREKP, and local authorities within three working days of starting operations. The number of documents needed to ob