Marcin Frąckiewicz

Uber-Rivian Robotaxi Deal: $1.25 Billion Bet Targets 50,000 Driverless SUVs by 2031

Uber-Rivian Robotaxi Deal: $1.25 Billion Bet Targets 50,000 Driverless SUVs by 2031

Uber will invest up to $1.25 billion in Rivian through 2031, starting with $300 million, to deploy at least 10,000 autonomous Rivian R2 robotaxis on its platform from 2028. Initial launches are planned for San Francisco and Miami, expanding to 25 cities if milestones are met. The deal is subject to regulatory approval. Rivian shares rose, then fell after the announcement.
March 20, 2026
Arriva to Add 809 New UK Buses in £340 Million Fleet Overhaul, With Wakefield First to Benefit
···

Arriva to Add 809 New UK Buses in £340 Million Fleet Overhaul, With Wakefield First to Benefit

Arriva confirmed a £340 million UK bus fleet renewal, ordering 809 new vehicles, over half fully electric. The company has already launched 50 new buses in West Yorkshire, with 164 more ordered from Alexander Dennis for delivery this year. Wakefield will see new and upgraded services from May 17. Nearly 20% of Arriva’s regional fleet will be replaced within 18 months.
March 20, 2026
Australia Stock Market: ASX 200 Falls Again as Oil Shock and RBA Fears Bite
···

Australia Stock Market: ASX 200 Falls Again as Oil Shock and RBA Fears Bite

Australian shares fell Friday, with the S&P/ASX 200 closing down 0.82% at 8,428.4, marking a third straight weekly loss. Materials and financials dropped, while energy and healthcare gained. Brent crude hovered near $109, and the Reserve Bank of Australia recently raised rates to 4.1% amid inflation concerns linked to Middle East tensions. Prime Minister Anthony Albanese urged motorists not to panic buy fuel.
March 20, 2026
LSEG Stock Price Today: London Stock Exchange Shares Buck FTSE 100 Selloff on Buyback, Bond Deal Focus

LSEG Stock Price Today: London Stock Exchange Shares Buck FTSE 100 Selloff on Buyback, Bond Deal Focus

London Stock Exchange Group shares rose 0.51% to 8,662 pence Friday, bucking a 1.4% drop in the FTSE 100. LSEG announced a $3 billion bond offering and bought back 348,774 shares for cancellation. The company named Tom Stenhouse CEO of Turquoise and expanded its European equities team. Market focus remains on LSEG’s growth and response to activist pressure amid rate hike concerns.
March 20, 2026
Why Barclays Share Price Fell Again: MFS Probe and BoE Rate Fears Hit Stock

Why Barclays Share Price Fell Again: MFS Probe and BoE Rate Fears Hit Stock

Barclays shares fell 2.06% to 373.75 pence Friday, after a 4.37% drop Thursday, as the UK’s Financial Conduct Authority opened an enforcement probe into collapsed lender Market Financial Solutions, to which Barclays is owed £495 million. The FTSE 100 and banks index both slid this week amid renewed inflation fears and shifting Bank of England rate expectations.
March 20, 2026
RELX Stock Price Today: Shares Stay Below 2,565p Block-Sale Price Despite Buybacks
···

RELX Stock Price Today: Shares Stay Below 2,565p Block-Sale Price Despite Buybacks

RELX shares rose 0.4% to 2,522.5 pence Friday, still below the 2,565 pence price of this week’s 24 million-share block sale. The company bought back 481,561 shares on March 19, bringing total 2024 repurchases to 27.1 million. Analysts remain bullish, with Barclays’ target at 3,075 pence and Morningstar’s fair value at 4,200 pence. Management cites AI-driven analytics and proprietary data as key growth drivers.
March 20, 2026
British American Tobacco Stock Price Slips Even as BAT Keeps Buying Back Shares

British American Tobacco Stock Price Slips Even as BAT Keeps Buying Back Shares

British American Tobacco shares fell 1.4% to 4,295 pence in London on Friday, despite outperforming the FTSE 350 over the past year. The company announced a £25 billion debt programme and continued buybacks, but offered little new operating news. Investors remain cautious amid U.S. regulatory uncertainty affecting BAT’s Vuse brand and the broader vape market.
March 20, 2026
CBA Shares Near Highs After RBA Hike: Why Commonwealth Bank Bulls and Bears Both Have a Case
···

CBA Shares Near Highs After RBA Hike: Why Commonwealth Bank Bulls and Bears Both Have a Case

Commonwealth Bank of Australia closed Friday at A$175.64, near the top of its one-year range, after the Reserve Bank of Australia raised the cash rate to 4.1% in a close vote. Analysts’ average target price sits 28% below the last close, raising valuation concerns. CBA reported record first-half cash profit and strong lending growth in February. The bank will pass the latest rate hike to home loan customers from March 27.
March 20, 2026
Lloyds Banking Group plc Stock Price Today: Why Shares Are Sliding as BoE Hike Bets Build
···

Lloyds Banking Group plc Stock Price Today: Why Shares Are Sliding as BoE Hike Bets Build

Lloyds Banking Group shares fell 1.0% to 91.84 pence in London on Friday, extending losses after the Bank of England signaled inflation could rise and rate hikes may come sooner. The FTSE 100 dropped 2.4% Thursday, with banks hit hardest. Lawmakers pressed Lloyds over a March 12 app glitch that exposed some customer transactions. Lloyds posted a 12% profit rise in January and announced a £1.75 billion buyback.
March 20, 2026
National Grid plc Stock Price Falls 2% as Gilt Rout, Jefferies Downgrade Weigh on Shares
···

National Grid plc Stock Price Falls 2% as Gilt Rout, Jefferies Downgrade Weigh on Shares

National Grid shares fell 2% to 1,246.5 pence on Friday, extending losses as UK utility stocks dropped amid rising bond yields and rate hike expectations. The FTSE 100 slipped 0.1% after the Bank of England held rates at 3.75% and warned on inflation. Jefferies downgraded National Grid to Hold, citing valuation and higher real rates. SSE and Severn Trent also declined this week.
March 20, 2026
Rolls-Royce Stock Price Today: Shares Hold Near 1,190p as Buyback, UltraFan Funding Offset Market Nerves
···

Rolls-Royce Stock Price Today: Shares Hold Near 1,190p as Buyback, UltraFan Funding Offset Market Nerves

Rolls-Royce shares edged up 0.1% to 1,191 pence on Friday, outperforming the FTSE 100’s 0.1% drop. The company said it bought back 2.47 million shares on March 19 as part of a 2.3 billion-pound repurchase. Rolls-Royce also secured €64 million from the EU’s Clean Aviation programme for its UltraFan 30 engine project. Shares remain about 16% below last year’s high.
March 20, 2026
Glencore share price rises as stock shrugs off South Africa smelter warning, coal outlook firms
···

Glencore share price rises as stock shrugs off South Africa smelter warning, coal outlook firms

Glencore Plc shares rose 1.08% to 523.8 pence in London on Friday, outperforming the FTSE 100. Its South African ferrochrome unit warned up to 1,500 jobs could be lost if discounted-power talks with Eskom fail by March 31. Morningstar raised Glencore’s fair value estimate 6% to 530 pence this week, citing stronger coal prices. CEO Japie Fullard said current tariff terms were unacceptable.
March 20, 2026
HSBC Share Price Rebounds After 20,000 Job-Cut Report, but AI Push and Middle East Risks Loom
···

HSBC Share Price Rebounds After 20,000 Job-Cut Report, but AI Push and Middle East Risks Loom

HSBC shares rose about 1% in London on Friday after a 3.1% drop Thursday, following reports the bank may cut up to 20,000 jobs, or roughly 10% of its workforce. The cuts would align with CEO Georges Elhedery’s restructuring strategy, as investors weigh cost reductions and AI investments against risks from Middle East instability and higher UK rates.
March 20, 2026
Shell Stock Falls as Qatar Pearl Shutdown Cuts Through the Oil Rally
···

Shell Stock Falls as Qatar Pearl Shutdown Cuts Through the Oil Rally

Shell shares fell 1.2% in London after the company halted production at its Pearl plant in Qatar following attacks on Ras Laffan. One gas-to-liquids train was damaged and could take up to a year to repair, with no injuries reported. European gas prices jumped up to 35% on Thursday, while Brent crude traded at $110.32 a barrel. Shell declared force majeure on Qatari LNG cargoes earlier this month.
March 20, 2026
BP PLC Stock Price Today: Shares Slip After 52-Week High as Refinery Sale Raises Cost-Cut Goal
···

BP PLC Stock Price Today: Shares Slip After 52-Week High as Refinery Sale Raises Cost-Cut Goal

BP shares fell 3% to 565.8 pence in London on Friday after hitting a 52-week high the previous session, as investors reacted to the sale of its Gelsenkirchen refinery in Germany. The deal, expected to close in late 2026, will transfer 1,800 workers to Klesch and cut about $1 billion in operating costs. The sale pushed BP’s disposals past $11 billion toward a $20 billion target. Regulatory approval is still pending.
March 20, 2026
Unilever-McCormick Food Business Talks Could Split Off Hellmann’s, Knorr and Marmite
···

Unilever-McCormick Food Business Talks Could Split Off Hellmann’s, Knorr and Marmite

Unilever confirmed it is in talks with McCormick & Co. over a possible sale of its Foods business, which includes Hellmann’s, Knorr, and Marmite. Analysts value the unit at €28–31 billion, making it larger than McCormick’s current market value. Both companies said no terms have been agreed and there is no certainty a deal will be reached. Earlier talks with Kraft Heinz ended without agreement.
March 20, 2026
UK Fuel Prices: Diesel Could Hit £2 a Litre Within Weeks as Oil Surge Reignites Fuel Duty Fight
···

UK Fuel Prices: Diesel Could Hit £2 a Litre Within Weeks as Oil Surge Reignites Fuel Duty Fight

UK diesel prices may exceed £2 a litre within weeks as Brent crude held above $110 following new Middle East attacks, traders said Friday. Average diesel prices have jumped nearly 20 pence since late February. The Bank of England warned inflation could hit 3.5% if energy costs keep rising. Chancellor Rachel Reeves faces pressure as a fuel duty cut expires at the end of August.
March 20, 2026
1 … 9 10 11 12 13 … 101