Energy price volatility drives increased interest in green technologies across Europe Europe: The ongoing conflict involving Iran has contributed to rising energy prices and renewed focus on alternatives to fossil fuels across Europe. Brent crude prices have increased by more than 50 per cent since the conflict began, reaching USD 116 per barrel, while disruption to the Strait of Hormuz, a key route for global oil supply, has affected around one-fifth of daily oil flows. Euro

Germany: NORDWEST Handel AG has added three new partners to its building technology division, reflecting ongoing consolidation and network alignment within the plumbing, heating, and air conditioning (PHVAC) wholesale market. The additions come amid increasing competitive pressure and evolving market requirements. The new partners will join NORDWEST’s network of more than 1,300 dealers, contributing to its expansion in the sector. From March 1, 2026, Michael Egger GmbH & Co.

South Africa reports rise in FDI inflows in fourth quarter of 2025 South Africa: South Africa recorded foreign direct investment inflows of ZAR 41.3 billion (approximately USD 2.4 billion) in the fourth quarter of 2025, compared with outflows of ZAR 21.0 billion (approximately USD 1.2 billion) in the third quarter, according to data published by the South African Reserve Bank. The inflows were attributed to non-resident investments across sectors including media and entertain

UK advances energy and CO2 measures amid global supply disruptions UK: The UK government is assessing measures to address energy supply risks following disruption to global markets linked to conflict involving Iran and the closure of the Strait of Hormuz, a key route for oil and gas trade. Prime Minister Keir Starmer stated that there may not be a "quick and early end" to the situation and confirmed that the government would examine "every lever that's available" to support h

Croatia Announces €450 Million Support Package to Mitigate Energy Price Pressures CROATIA: Croatia has announced a  €450 million (US$ 517.98 million) support package aimed at mitigating rising energy costs and safeguarding economic stability amid global uncertainty. The measures include continued caps on fuel prices, and the extension of subsidised electricity and gas tariffs for households, public institutions, and small businesses until late 2026. Targeted financial support

Danfoss India Plans US$ 158.35 Million Investment to Expand Cooling Solutions and Heat Pump Technologies INDIA: Danfoss India has announced plans to invest approximately US$ 158.35 million (₹1,500 million) over the next five years to strengthen its presence in energy-efficient technologies. The investment will focus on expanding production capacity for compressors and battery energy storage systems, while capitalising on the rising demand for data centre cooling solutions. Th

Air Conditioner CHINA: In 2025, Xiaomi reached a significant milestone, recording its highest-ever revenue in the smart large home appliances segment. The company posted a 23.1% year-on-year growth, supported by strong demand for air conditioners, refrigerators, and washing machines. Air conditioner shipments exceeded 8.5 million units, marking a 24% annual increase. Refrigerator shipments surpassed 2.8 million units (up 4%), while washing machine shipments crossed 2.3 millio

Air conditioner CHINA: In 2025, Xiaomi marked a major achievement by recording its highest-ever revenue in the smart large home appliances segment, registering a 23.1% year-on-year increase. This growth was fueled by strong demand across air conditioners, refrigerators, and washing machines. Air conditioner shipments surpassed 8.5 million units, reflecting a 24% annual rise, while refrigerator shipments exceeded 2.8 million units (up 4%) and washing machine shipments crossed

Housing Construction Activity Shifts Towards Smaller Counties Amid Rising Costs USA: Recent data from the United States highlights a clear shift in housing construction patterns in the second half of 2025. Single-family building fell across most regions, with large metro core counties recording the steepest decline of 12.8%, while micro counties were the only segment to post growth, rising 1.6% for the seventh consecutive quarter. In terms of market share, small metro core co

How AI Is Transforming Home Appliances and Kitchen Living USA: AI-powered home appliances are becoming increasingly common in kitchens and households, with brands integrating intelligent features into ovens, refrigerators, dishwashers and washing machines. These systems can optimise cooking temperatures, adjust cycles automatically, reduce energy use and learn user habits to improve convenience. Experts note that the real value lies in reducing daily effort rather than adding

Roca Group Australia: Roca Group has opened a new Sydney Gallery in Surry Hills, Australia, bringing together its brands Laufen and Roca within a shared space. The facility is designed as a two level site in a heritage building and was developed by architecture firm DKO. The gallery integrates original architectural elements with modern design to present bathroom solutions focused on functionality, innovation and sustainability. The Sydney Gallery becomes part of the company

Qatar Qatar: Qatar real estate market recorded a 29% year on year increase in total sales value, rising from approximately US$7.3 billion in 2024 to US$9.4 billion in 2025, according to data from Real Estate Regulatory Authority Aqarat. Land and villa transactions remained the dominant segments, contributing the largest share to overall sales despite a slight decline in their individual values. Apartment and building transactions also maintained steady activity, supporting ov