Clough CEO Peter Bennett Dies at 59, Leaving Webuild’s Australian Arm Facing a Leadership Test
Clough said Thursday its CEO, Peter Bennett, has died at 59, with no cause of death
Diageo Share Price Slides Toward 52-Week Low as Red Soul Launch Puts Turnaround in Focus
Diageo shares fell 3.8% in London on Thursday, hitting a 52-week low at 1,433 pence. The drop follows weak half-year results, a dividend cut, and a $21.7 billion net debt load. On
Glencore Share Price Climbs as Miners Defy FTSE Selloff on Oil Shock
Glencore shares gained 4.70 pence to 528.10 pence in London Thursday, bucking a 0.51% drop in the FTSE 100. The miner and
Lloyds Share Price Today: Stock Drops After App Glitch as Rate Risks Darken Outlook
Lloyds shares fell 2.7% to 95.77 pence in London after the bank reported an app glitch that briefly exposed customer transactions. The
HSBC Holdings Plc Stock Price Today: Shares Sink Nearly 6% on Gulf Risk and Ex-Dividend
HSBC shares dropped 5.8% in London after the bank closed all Qatar branches and investors reacted to warnings about its Middle East
BAE Systems Share Price Jumps Above 2,300p as Defence Stocks Buck FTSE Slide
BAE Systems rose 3.25% to 2,300.5 pence by early Thursday afternoon, outperforming a falling FTSE 100 as defence stocks gained amid renewed
Shell Stock Price Today: Shares Edge Up as Oil Tops $100, but LNG Disruption Caps Gains
Shell’s Amsterdam-listed shares rose 0.25% to 37.66 euros Thursday, trailing Brent crude’s 7% surge as oil briefly topped $100 a barrel. Shell’s 2025 annual report showed profit fell over 20% to $18.5 billion, but buybacks and dividends continued. The company declared force majeure on some Qatari LNG cargoes after Qatar halted production. LNG Canada, led by Shell, increased exports to Asia amid tightening supply.
BP Stock Price Touches 52-Week High as Oil Jumps Above $100
BP shares hit a 52-week high Thursday as oil prices surged above $100 a barrel after attacks on Iraqi tankers. The stock
Reckitt Stock: £540 Million Buyback Starts, but Margin Questions Still Hang Over Shares
Reckitt Benckiser began a £540 million share buyback, purchasing 127,000 shares on March 10 after its stock fell 10.6% in a week.
Transocean Stock Price Today: RIG Climbs as Oil Rally Puts Valaris Deal Back in Focus
Transocean shares rose 2.1% to $6.29 by midday Wednesday as oil prices surged nearly 4% following new attacks on ships in the
Tesco PLC Share Price Today: Why TSCO Stock Slipped as FTSE 100 Nerves Returned
Tesco shares fell 0.6% to 469 pence in London on Wednesday, reversing part of Tuesday’s gains. The drop tracked a wider FTSE
Lynas Rare Earths Stock Extends Rally as Japan Deal Sets $110/kg Price Floor
Sydney, March 13, 2026, 10:28 AEDT Lynas Rare Earths shares closed at A$21.17 on Thursday, extending a sharp rally after the Australian miner revamped a long-term supply deal with Japan. The stock had jumped 16.2% on Wednesday, when investors first digested the new terms. (Australian Financial Review) The move matters because the revised pact gives Lynas a US$110-per-kg floor price on 5,000 tonnes a year of neodymium-praseodymium, or NdPr, a rare-earth oxide used in permanent magnets for electric vehicles, wind turbines and defence systems. That gives Lynas unusual price visibility for a producer operating outside China. Japan Australia Rare Earths,
Santos Limited Share Price Rises as $100 Oil Lifts ASX Energy Stocks
Santos Ltd shares rose 1.49% to A$7.49 Thursday as Brent crude topped $100 a barrel after tanker attacks and Iranian threats disrupted the Strait of Hormuz. Energy was the only ASX sector to gain, with Woodside Energy up 2.07% and Beach Energy up 3.59%. Santos and Beach this week approved a A$357 million Cooper Basin project expected to cut production costs.
Norwegian Cruise Line Holdings Stock Falls 5% as Oil Shock Revives 2026 Fuel-Cost Fears
Norwegian Cruise Line Holdings shares fell 4.8% to $19.46 in late New York trading Thursday after Brent crude hit $100 a barrel following Iranian strikes on two oil tankers. Carnival and Royal Caribbean also dropped sharply. Norwegian had earlier forecast 2026 adjusted earnings of $2.38 a share, below analyst estimates, and warned fuel price swings could impact results. S&P Global revised its outlook on NCL to stable from positive.
ANZ share price slides 2.5% as oil shock revives Australian rate-hike bets
ANZ shares fell 2.53% to A$37.02 on Thursday, underperforming the S&P/ASX 200’s 1.31% drop, as surging oil prices and rising inflation expectations fueled bets on a Reserve Bank rate hike. ANZ named Tammy Medard to lead its Business & Private Bank from May 1, replacing Clare Morgan.
CSL Share Price Hits 52-Week Low Despite $1.5 Billion U.S. Expansion and New PAHO Vaccine Deal
CSL Ltd shares closed at a 52-week low of A$141.04 on Thursday, down 1.08% for the day and 18.31% so far this year. The drop continued despite CSL announcing a $1.5 billion U.S. plasma plant expansion and a Latin America vaccine deal this week. Investors remain cautious after February’s profit slump, impairments, and CEO change.
Atlassian Layoffs 2026: Jira Maker Cuts 1,600 Jobs as AI Pressure Builds
Atlassian will cut about 1,600 jobs, or 10% of its workforce, as it shifts spending to AI and enterprise sales. CTO Rajeev Rajan will leave March 31. The restructuring will cost $225 million to $236 million, with 40% of affected staff in North America and 30% in Australia.
TPG Telecom Stock Price Slips After $200 Million Block Trade Tests Share Liquidity Push
TPG Telecom shares fell 1.26% to A$3.89 after a A$200 million block trade, with turnover jumping to 54.5 million shares. The company made no new ASX filings on Thursday. Vodafone/Hutchison held 47.96% as of Feb. 6, while minority ownership recently rose to about 27%. TPG’s final dividend is due April 2, with its AGM scheduled for May 8.
Westpac Stock Price Drops as Fresh RBA Hike Calls Rattle Big Australian Banks
Westpac shares closed down 1.19% at A$40.54 on Thursday, further below last month’s record A$42.13. Economists at Westpac, NAB, and CBA now expect the Reserve Bank of Australia to raise rates on March 17, with market odds at 75% for a 25-basis-point hike. Household spending growth has slowed, according to Westpac data.
Macquarie Group Stock Price Falls 2.7% as Oil Shock Revives RBA Hike Fears
Macquarie Group shares fell 2.67% to A$195.75 on Thursday, extending losses as surging oil prices and rate hike fears weighed on Australian financial stocks. The S&P/ASX 200 closed down 1.31%. Markets now price a three-in-four chance the Reserve Bank of Australia will raise rates on March 17. Macquarie’s stock is down sharply from its February high after reporting improved profits.
Woodside Energy Share Price Rises as Oil Tops $100 Again, Putting WDS Stock Back in Focus
Woodside Energy’s U.S. shares rose 11.5 cents to $22.33 as Brent crude topped $100 a barrel following Iranian attacks that closed the Strait of Hormuz. The company’s 2025 profit fell to $2.65 billion on weaker prices, though output stayed strong. Woodside said its Scarborough LNG project is 94% complete and on track for late 2026. Goldman Sachs raised its Brent forecast but expects prices to fall from current highs.
United Utilities share price jumps as BofA target hike and defensive trade lift UK water stocks
United Utilities Group rose 2.26% to 1,357.5 pence Thursday after Bank of America raised its target price to 1,500 pence. The FTSE 100 fell 0.4% as oil hit $100 and rate-cut hopes faded. United Utilities did not appeal Ofwat’s 2025-30 settlement, unlike several rivals. The company supplies water to over 8 million in northwest England and reports full-year results May 14.
Commonwealth Bank of Australia Share Price Falls as Oil Shock Revives RBA Hike Bets
Commonwealth Bank of Australia shares fell 0.62% to A$171.60 Thursday as rising oil prices fueled inflation concerns and hit bank stocks. The S&P/ASX 200 dropped 1.3%. Analysts now expect the Reserve Bank of Australia to raise rates next week, with markets pricing a 75% chance of a hike. No new company-specific news was posted by CBA.
BHP Stock Price Drops as China Widens Iron Ore Ban in Fresh Contract Blow
BHP’s New York shares fell 3.5% after sources said China expanded its ban to include Newman fines, a key BHP iron ore product. Singapore iron ore futures surged over 4% to $108.95. The dispute affects annual supply talks covering a fifth of China’s iron ore needs. BHP has already accepted lower prices and shipped unusual cargoes to Malaysia and Vietnam as talks drag on.
Informa stock price falls after Middle East event delays overshadow record results and bigger buyback
Informa shares fell 1.36% to 768.4 pence after the company delayed events for over 10 brands in the Middle East and said it would absorb some rescheduling costs. The group reported record 2025 revenue of £4.04 billion, but statutory operating profit dropped to £141.7 million due to higher amortisation and a non-cash impairment. Informa raised its 2026 share buyback to £250 million.
Sunbelt Rentals Stock Falls as Q3 Margin Squeeze Clouds 2026 Outlook
Sunbelt Rentals shares dropped about 2% after the company reported lower third-quarter profit and slimmer margins, despite raising its full-year rental revenue outlook. Net income fell to $290 million on revenue of $2.637 billion, both missing analyst estimates. Adjusted EBITDA margin narrowed to 41.0% from 43.5%. Sunbelt cited higher repair costs and softer local commercial construction.
Vodafone Group Plc Stock Price Today: Shares Trade Around 108p as Buyback Continues Before FY26 Results
Vodafone bought 2 million shares on March 11 at an average 107.14 pence, holding them in treasury. Shares traded near 107-108 pence Thursday, little changed after the disclosure. The company completed 3.5 billion euros in buybacks since May 2024 and expects full-year profit and free cash flow at the upper end of guidance. Next full-year results are due May 12.
Schroders PLC Stock Price Today: Why Shares Fell as April 16 Nuveen Vote Comes Into View
Schroders shares fell 2.7% to 571p Thursday as the stock traded ex-dividend and released scheme documents for its planned sale to Nuveen. Shareholder meetings on the 590p-per-share takeover are set for April 16 in London. The 15p final dividend goes to holders on March 13, with payment due April 23. Some investors say the offer undervalues Schroders, which recently reported a 25% profit jump.
National Grid plc Stock Price Rises 2.5% Despite Ofgem Hit as Investors Back £70 Billion Plan
National Grid shares rose 2.5% to 1,368 pence Thursday, outperforming a 0.4% drop in the FTSE 100. Ofgem said National Grid Electricity Transmission will pay £20 million over historic failures at the Harker substation in Cumbria. The company last week announced at least £70 billion in capital spending by FY31 and raised its FY27 earnings growth target to 13%-15%.
Tesco Share Price Climbs Despite FTSE Drop as April Results Loom
Tesco PLC shares rose 1.45% to 475.5 pence Thursday, outperforming a falling London market as oil prices neared $100. The stock is up 7.6% since January 1 ahead of annual earnings due April 16. Tesco’s UK grocery market share climbed to 28.7% after a 4.5% sales increase in the 12 weeks to February 22. The company has told suppliers it aims to regain a 30% share.
Clough CEO Peter Bennett Dies at 59, Leaving Webuild’s Australian Arm Facing a Leadership Test
Clough said Thursday its CEO, Peter Bennett, has died at 59, with no cause of death given. Bennett led Clough through its 2023 takeover by Webuild and was central to its leadership. Interim arrangements will be announced later. Clough employs over 3,000 people and manages major projects including Snowy 2.0 and Waitsia Stage 2.
Smith & Nephew Share Price Today: Stock Slips as ALLEVYN Launch Meets Tariff Doubts
Smith & Nephew shares closed down 0.24% at 1,240.5 pence Thursday, as the FTSE 100 fell 0.4%. The company launched its ALLEVYN COMPLETE CARE wound dressing in the U.S. on March 10, with broader international rollout planned for later in 2026. Investors remain cautious over a forecast $60 million tariff hit and ongoing risks to guidance.
easyJet plc Share Price Hits 52-Week Low as Oil Nears $100 and Fuel Cost Fears Bite
easyJet shares dropped 4.23% Thursday, closing near a 52-week low at 380 pence, as surging oil prices raised concerns over airline fuel costs. Brent crude neared $100 a barrel and jet fuel prices more than doubled since the Iran conflict began. easyJet has hedged most of its 2026 fuel needs, but market jitters persisted. The airline reports first-half results on May 21.
Standard Chartered stock price falls 3.8% after JPMorgan flags Middle East exposure
Standard Chartered shares fell 3.76% to 1,598 pence in London after JPMorgan flagged the bank’s exposure to the Middle East conflict. The stock is down 11.4% since Feb. 28, outpacing broader European bank declines. Standard Chartered evacuated its Dubai office, while HSBC and Citigroup also closed branches in the region. The bank bought back 882,000 shares on March 11, spending $171.8 million under its repurchase plan.
Bunzl plc share price rises despite FTSE 100 selloff as 2026 outlook stays in focus
Bunzl shares rose 32 pence to 2,256p on Thursday, bucking a 0.4% drop in the FTSE 100 as oil prices surged. The stock remains far below its 52-week high of 3,094p. Bunzl reported 2025 revenue of £11.85 billion and an adjusted operating profit of £910.3 million. The company maintained its 2026 outlook, citing ongoing weak demand in North America and Mexico.
Nigeria Freeze on Petrol Imports Leaves Dangote With 92% of Supply, Fueling Monopoly Fears
Nigeria’s fuel regulator issued no new petrol import licences in February or March, citing adequate local supply as Dangote refinery provided 92% of fresh petrol in February, or 36.5 million litres daily. National consumption averaged 56.9 million litres a day that month, with Port Harcourt and Kaduna refineries still shut. NNPC cut pump prices in Lagos and Abuja after Dangote lowered its refinery gate price.