Unilever Shares Slip as Strong Volumes Meet a Fresh McCormick Deal Test
London, May 13, 2026, 11:03 BST Unilever PLC’s London-listed shares slipped in late morning trade, sitting
Shell Stock Today: Buybacks Steady the Chart as Oil Risk Keeps the Trade Messy
Shell shares were nearly flat in late morning London trade Wednesday, quoted at 3,156.25p, down 0.04%. The company continued buybacks, cancelling over 1.2 million shares on May 12, and is reportedly seeking
Anglo American Rallies as Copper’s Record Run Turns the Teck Deal Into the Main Trade
Anglo American shares rose 4.0% to 4,055p in London on May 13, outpacing the FTSE 100’s 0.52% gain, as copper prices hit
BAT shares extend rally as FDA shift gives Vuse and Velo a cleaner U.S. read
British American Tobacco shares rose 1.72% to GBX 4,713.78 in London Wednesday, building on a 5.82% gain after the FDA eased enforcement
Rio Tinto’s Copper Rally Gets Real, but the Easy Part of the Trade May Be Done
Rio Tinto shares rose 3.5% to 8,197p in early London trading, tracking copper futures near record highs at $6.64 a pound. Investors
Glencore Stock Rides Copper’s Record Push, but the Rally Still Has a Coal Problem
Glencore shares hit a new 52-week high in London trading, rising nearly 3% as copper futures approached record levels. The company reported
Intertek’s EQT Rally Turns a Slow Valuation Argument Into Deal Math
Intertek shares jumped 6.9% to 5,665p after the board said it would be minded to recommend EQT’s £60-a-share cash proposal, pending due diligence. The offer, including a possible 107.7p dividend, values Intertek at about £9.4 billion. Shares remained below the offer price, reflecting deal uncertainty. Intertek paused its break-up review as EQT conducts due diligence ahead of a June 11 deadline.
UK & AU Stock Market Today: Live Updates 13.05.2026
LIVEMarkets rolling coverageStarted: May 13, 2026, 12:00 AM EDTUpdated: May 13, 2026, 6:30 AM EDT Jim O'Neill Highlights 4 Key Lessons from
Goodman Holds Near A$30.87 as Data-Centre Bet Runs Into a Harder Rates Tape
Insurance Australia Group shares rose 1.91% to A$7.46 Tuesday, outperforming the ASX 200, after unveiling 2030 targets of over A$25 billion in
Evolution Mining’s Rally Is About Cash Flow, Not Just Gold
Evolution Mining closed at A$13.32, up 2.77% on strong cash flow and a shift to A$42 million net cash in the March
CAR Group (ASX:CAR) Starts Wednesday Under Pressure as Higher Rates Test Its Marketplace Premium
CAR Group closed at A$26.02 on Tuesday, down 1.33%, with trading volume over three times the average. The drop followed major tax
Fortescue Stock Faces Its First Test After A$150 Million Native Title Order
Fortescue closed at A$21.91, up 2.29%, before announcing a court order to pay A$150 million for cultural loss to the Yindjibarndi Ngurra Aboriginal Corporation. The ASX filing came after normal trading hours, so the share price did not reflect the ruling. The award is among the largest under Australia’s native title laws. Fortescue said it will review the court’s reasons once published.
Woodside Rises With Oil, but Browse Costs Keep WDS From a Clean Breakout
Woodside Energy shares closed up 0.75% at A$30.74 on Tuesday, tracking a surge in oil prices as Brent settled 3.42% higher at $107.77. Gains were limited by concerns over rising costs and approval delays for the Browse LNG project, now estimated at A$48.7 billion. Traders remain cautious amid ongoing Strait of Hormuz disruptions and uncertainty over a U.S.-Iran peace deal.
Northern Star’s 3% Rebound Tests Whether Gold Can Outrun KCGM Execution Risk
Northern Star Resources jumped 3.23% to A$21.42 Tuesday, reversing a prior loss as gold stocks rallied on the ASX. Volume hit 6.62 million shares. The move followed strong March-quarter cash flow, stabilised guidance, and a A$500 million buyback plan. Later, global gold prices slid 1.2% as inflation fears resurfaced.
Telstra Stock Slips as Buyback Support Meets Spectrum, Rate and Competition Risk
Telstra closed at A$5.26 on Tuesday, down 0.57%, with 27.23 million shares traded—well above average volume—as its on-market buyback continued. The company bought 1.66 million shares for A$8.75 million on May 12 at roughly the same price. The ASX 200 also fell, hitting a 20-day low. Investors showed little reaction to the ongoing buyback, seeking clearer upside beyond capital returns.
Westpac falls as Australia’s budget rewrites the mortgage-stock trade
Westpac closed down 1.37% at A$36.61 Tuesday as bank stocks fell ahead of Australia’s federal budget. The budget will limit negative gearing to new builds and replace the 50% capital gains tax discount with inflation-based treatment and a 30% minimum tax from July 2027. Financials dropped 1.6% as investors reacted to concerns over mortgage demand and earnings.
NAB Shares Slide as Budget Tax Shock Turns Housing Policy Into Bank Risk
National Australia Bank closed down 2.09% at A$37.42 Tuesday, with ANZ, CBA and Westpac also falling after the federal budget tightened negative gearing and capital gains tax rules. Investors rotated out of banks as new housing policy raised concerns over mortgage growth and credit stress. NAB’s first-half cash earnings missed estimates, and its April business survey showed confidence at -24.
Commonwealth Bank shares slide as budget housing risk hits a richly priced bank
Commonwealth Bank of Australia shares fell 1.40% to A$171.57 on Tuesday, extending a three-day slide as investors reacted to federal budget changes restricting negative gearing and altering capital gains tax. The selloff hit the broader banking sector, with National Australia Bank, ANZ, and Westpac also down. CBA will raise variable home-loan rates by 0.25% from May 15 after the Reserve Bank lifted its cash rate to 4.35%.
CSL’s sell-off deepens as $5 billion writedown turns a profit miss into a trust problem
CSL shares closed at A$98.55 Tuesday, down 2.18% after a 15.96% plunge Monday, following a 90-day review that cut FY26 revenue and profit guidance and flagged US$5 billion in new impairments. Interim CEO Gordon Naylor projected FY26 revenue of US$15.2 billion and NPATA of US$3.1 billion. The stock remains near its recent low, far below its 52-week high of A$275.79.
BHP Stock Hits A$60 as Copper Turns the Miner Into a Different Trade
BHP shares hit a record A$60.23 and closed up 2.49% at A$59.78 on May 13, defying a 0.4% drop in the ASX 200. The rally followed strong copper prices and BHP’s increased copper production guidance. Copper now accounts for 51% of BHP’s underlying EBITDA, overtaking iron ore for the first time. CEO-elect Brandon Craig cited sector supply constraints and new project milestones at a metals conference.
Wesfarmers Nears a 52-Week Low as Retail Investors Wait for Relief That Hasn’t Arrived
Wesfarmers shares closed at A$71.30 on Tuesday, down 1.83% and matching a 52-week low, as household-exposed stocks sold off amid higher rates and weak consumer confidence. The S&P/ASX 200 also fell 0.4%. The Reserve Bank of Australia raised rates to 4.35% on May 5. Australia’s federal budget included changes to negative gearing and capital gains tax, adding pressure to retail sentiment.
Sony Xperia 1 VIII Reveal Is Hours Away: Camera Shake-Up, Price Risk and Launch Details
Sony will announce a new Xperia product Wednesday at 11:00 a.m. JST, with a YouTube premiere set and no device name confirmed. Technology sites expect the launch of the Xperia 1 VIII, rumored to feature a Snapdragon 8 Elite Gen 5 chip and a new camera setup. Leaked prices range from 1,799 to 1,868 euros. The teaser video is scheduled to last under five minutes.
Labour Delay Puts 100 Million-Barrel North Sea Oil Prize Back in Focus
Jersey Oil & Gas said regulatory delays and government consultations have stalled progress on its Greater Buchan Area project in the UK North Sea, which holds over 100 million barrels of oil equivalent. The company warned that deferring a new tax regime to 2030 risks missing investment opportunities. Buchan remains unsanctioned, with development options still under review. Jersey shares traded near 104 pence, valuing the company at about £34 million.
Air Canada Route Cuts Hit Travelers As Fuel Shock Pushes Canadian Fares Higher
Air Canada will cut several U.S. routes, including Montreal-Austin from Sept. 6 to Oct. 18, and end Toronto-Charleston, Toronto-Sacramento, and Vancouver-Raleigh/Durham flights earlier than planned, citing soaring jet fuel costs. The carrier expects available seat miles to drop about 1% this year and has suspended its 2026 forecast due to fuel price volatility. WestJet is also reducing capacity and raising fares.
ANZ stock falls as housing-tax reset tests a stronger earnings story
ANZ shares closed down 2.12% at A$35.14 Tuesday, with Commonwealth Bank, Westpac and NAB also falling as investors sold major banks ahead of the federal budget. The government confirmed limits on negative gearing and changes to capital gains tax from July 2027. ANZ traded 5.27 million shares, above its recent average. The S&P/ASX 200 dropped 0.36%.
PLS hits record as lithium rebound makes Pilgangoora leverage hard to ignore
PLS Group Limited closed at A$6.50 Tuesday, up 3.5%, after hitting a 52-week high of A$6.59 on heavy volume. The move tracked a 1.7% rise in Chinese lithium carbonate futures to 205,680 yuan a tonne, their highest since August 2023. Liontown and IGO also traded higher. PLS recently reported record quarterly spodumene output and lower unit costs.
Macquarie Slips as Budget Risk Cools a Record-High Rally
Macquarie Group shares fell 2.15% to A$234.20 on Tuesday, despite posting a 30% jump in FY26 net profit to A$4.847 billion. The drop followed sector-wide selling after the Australian budget confirmed limits on negative gearing and changes to capital gains tax from July 2027, raising concerns over mortgage demand.
MSCI World ETF (URTH) Rally Just Ran Into Hot CPI, a Fed Handoff and an MSCI Rebalance
The iShares MSCI World ETF fell 0.4% Tuesday after U.S. consumer prices rose 0.6% in April, with energy costs up 17.9% from a year earlier, according to the Bureau of Labor Statistics. Investors awaited MSCI’s index review due later in the day. The fund traded near $200, in line with the S&P 500 ETF but outperforming the MSCI ACWI ETF, which dropped 0.8%.
Panasonic Lumix L10 Launch: The Fixed-Lens Compact Camera Built to Challenge Fujifilm and Leica
Panasonic unveiled the Lumix L10 compact camera in Newark on May 12, featuring a 20.4-megapixel Four Thirds sensor and a Leica 24-75mm f/1.7-2.8 zoom lens. The camera starts at $1,499.99, with a Titanium Gold edition at $1,599.99. The L10 weighs 508 grams and includes an OLED viewfinder and multi-aspect sensor. Sales mark the 25th anniversary of the Lumix brand.
Spotify Down Today: Global Outage Hits Songs, Search and Web Player as Company Investigates
Spotify experienced a widespread outage Tuesday, blocking users from playing songs, searching tracks, or loading parts of the app across Europe and the U.S. Downdetector logged over 30,000 reports by late morning Pacific time. Spotify acknowledged the issue but gave no cause or timeline for recovery. Shares rose 3.3% in early U.S. trading despite the disruption.
SAP’s n8n Bet Just Created Germany’s Most Valuable AI Startup
SAP has acquired a stake in Berlin-based n8n, valuing the AI automation firm at $5.2 billion and more than doubling its worth in under a year, n8n said Tuesday. SAP and n8n also signed a multi-year deal to embed n8n’s workflow engine in SAP’s Joule Studio. Handelsblatt reported SAP now holds just under 1.3% of n8n. The investment amount was not disclosed.
Shell Diesel Price Error Gives German Drivers Rare Autobahn Bargain Under New Noon Rule
Shell Deutschland sold diesel for 1.849 euros a litre at some German motorway stations on Tuesday after a manual pricing error, undercutting rivals by about 10 cents. The mistake could not be corrected during the day due to Germany’s new law allowing only one daily price increase at noon. Shell did not specify how many sites were affected. The error occurred at stations in North Rhine-Westphalia, Lower Saxony, and Saxony.
Valneva’s Brazil Vaccine Green Light Comes With a Stock-Market Catch
Brazil’s Anvisa has authorized Instituto Butantan to manufacture Valneva’s chikungunya vaccine locally, shifting production from France. The vaccine, branded Butantan-Chik, is cleared for adults 18–59 and may enter Brazil’s public health system. Valneva shares fell 7.6% in Paris ahead of its Q1 results. Chikungunya caused over 127,000 cases and 125 deaths in Brazil in 2025.
Air India International Flights Until July 2026: Viral Cancellation Claim Is False, But Cuts Are Real
Air India is cutting about 10% to 12% of its international flights through July 2026, not cancelling all overseas services as claimed on social media. The airline cites high fuel costs, longer routes, and airspace restrictions. Some routes to Europe, North America, Australia, and Singapore will see reduced frequency or temporary suspension. Air India has also deferred annual salary hikes but says no layoffs are planned.
ASX slips as budget tax reset and bank housing risk outweigh a mining bid
The S&P/ASX 200 fell 0.36% to 8,670.70 on Tuesday, its third straight loss, as banks and tech stocks dropped ahead of federal budget changes to negative gearing and capital gains tax. Miners offset some losses, with materials up 2.7%. Seven of 11 sectors declined, and 134 stocks closed lower. Rate markets showed a strong expectation the RBA will hold rates in June.
FTSE 100 Holds Flat as UK Political Risk Hits Banks, Mid-Caps and Sterling
The FTSE 100 closed down 4.11 points at 10,265.32 after recovering from a 1.1% drop, while the FTSE 250 slid 1.5% to 22,466.20, its sharpest fall in over six weeks. UK 30-year gilt yields hit 5.81%, the highest since 1998, as investors reacted to political turmoil and a weaker pound. Nearly 80 Labour MPs reportedly called for Prime Minister Keir Starmer to resign. Banks and housebuilders led the declines.