Bighorn Web Solutions, a U.S.-based enterprise-grade e-commerce agency, has signed a Magento contract with PSP Pharma to develop their e-commerce systems, including PSP.ge and the PSP mobile application. The partnership aims to improve platform performance, user experience, and operational efficiency to support PSP Pharma's expansion into the Caucasus and Central Asia markets, focusing on health and self-care products. PSP Pharma is the first pharmaceutical company in Eastern Europe to fully implement Microsoft Dynamics 365 Business Central and LS Retail, setting a benchmark for service quality and operational efficiency.

American Electric Power (AEP) completed a $2.82 billion investment deal with KKR and PSP Investments, securing a 19.9% stake in AEP’s Ohio and Indiana Michigan transmission companies. The partnership aims to support AEP’s $54 billion capital plan (2025–2029) and expand infrastructure to meet projected 20 gigawatts of new power demand across its service territories. The deal highlights AEP’s leadership in transmission infrastructure and aligns with its commitment to grid reliability and community energy needs.

Ferrovial, a global infrastructure company, completed the acquisition of a 5.06% stake in 407 ETR, increasing its ownership from 43.23% to 48.29%. The transaction involved purchasing 25,580,287 shares (3.3%) and exercising a call option for 13,672,501 shares (1.76%), totaling CAD $1.99 billion. Ownership is now split among Ferrovial (48.29%), CPP Investments and institutional investors (44.20%), and PSP Investments (7.51%). The 407 ETR highway in Ontario, Canada, serves the Greater Toronto Area and is a critical transportation asset.

PSP's stock fell 2% after reporting first-quarter results that fell short of analyst expectations. The real estate company's profits were lower than anticipated, and other metrics missed forecasts. Despite this, PSP remains well-positioned, with analysts noting the results were not a surprise. The stock had previously risen 16% year-to-date but has since retreated to a 10% gain due to market conditions. PSP's Capital Market Day in Geneva is expected to provide further insights into its portfolio.

A report by the Chartered Institute of Building (CIOB) highlights rising mental health support in the construction sector but notes persistent challenges, including high rates of stress, fatigue, and suicidal thoughts among workers. While initiatives like mental health first aiders and awareness events have increased, 28% of respondents reported suicidal thoughts in the past year, and 24% experienced daily stress.