Marcin Frąckiewicz

Titan Q4 Results: Profit Jumps 35%, But Costs Steal The Show

Titan Q4 Results: Profit Jumps 35%, But Costs Steal The Show

Titan reported a 35% rise in March-quarter profit to ₹1,179 crore, missing analyst estimates, as costs and gold-price swings weighed on results. Total income jumped 46% to ₹20,300 crore, led by 50% growth in jewellery sales. The board recommended a ₹15 dividend per share. Titan shares climbed 6.3% in afternoon trade after the earnings release.
May 8, 2026
IAG Profit Warning: British Airways Owner’s €9 Billion Fuel Bill Puts 2026 Outlook Under Pressure

IAG Profit Warning: British Airways Owner’s €9 Billion Fuel Bill Puts 2026 Outlook Under Pressure

International Consolidated Airlines Group cut its 2026 profit, cash flow, and capacity forecasts, citing higher jet fuel costs linked to Middle East conflict. Shares fell 4.1% in early London trading. IAG now expects a €9 billion annual fuel bill and says free cash flow will miss its earlier €3 billion target. Revenue rose 1.9% to €7.18 billion in the first quarter, with operating profit up 77%.
May 8, 2026
HSBC Holdings Plc Wins Saudi Debt Role as $400 Million Credit Hit Shadows AGM

HSBC Holdings Plc Wins Saudi Debt Role as $400 Million Credit Hit Shadows AGM

HSBC Holdings Plc has been named a primary dealer in Saudi Arabia’s local government debt market, the Ministry of Finance said Thursday. The move gives HSBC direct access to channel investor orders for riyal-denominated debt. Saudi sovereign debt stood at 1.519 trillion riyals at the end of 2025, with foreign ownership of riyal sukuk rising to 12.8% by September. HSBC shareholders meet for the bank’s annual general meeting in London on Friday.
May 8, 2026
SBI Q4 Results Today: Treasury Pain, Dividend Watch and $2 Billion Funding Plan Could Move the Stock

SBI Q4 Results Today: Treasury Pain, Dividend Watch and $2 Billion Funding Plan Could Move the Stock

State Bank of India will report March-quarter earnings Friday, with analysts projecting net profit between ₹16,474 crore and ₹20,116 crore, amid weaker treasury income and higher funding costs. SBI shares fell 1.3% by 13:30 IST Thursday. The board may also consider a FY26 dividend. An executive committee meeting on May 12 will weigh raising up to $2 billion via long-term bonds, according to an exchange filing.
May 8, 2026
Unilever PLC Stock Faces Fresh Test as €1.5 Billion Buyback Starts During McCormick Break-Up

Unilever PLC Stock Faces Fresh Test as €1.5 Billion Buyback Starts During McCormick Break-Up

Unilever bought about 3.3 million shares between April 30 and May 1 as part of its €1.5 billion buyback, holding them in treasury, according to a May 6 filing. The move comes as Unilever prepares to spin off its food unit in a $44.8 billion merger with McCormick, leaving a company focused on beauty and home care. First-quarter underlying sales rose 3.8%, but turnover fell 3.3% to €12.6 billion due to currency effects.
May 8, 2026
AusNet’s Compulsory Land Bid Puts Farmers On Collision Course With Victoria’s Western Renewables Link

AusNet’s Compulsory Land Bid Puts Farmers On Collision Course With Victoria’s Western Renewables Link

AusNet has asked the Victorian government for powers to compulsorily acquire land easements for the Western Renewables Link, escalating tensions with farmers. The request follows a March law change allowing such applications during the ongoing Environment Effects Statement process. Farm groups and local councils have condemned the move, saying it undermines voluntary negotiations. The Victorian Coalition pledged to pause the project if elected in November.
May 8, 2026
Samsung Galaxy S25 Edge Price Cut: Flipkart Deal Drops Flagship To ₹65,074

Samsung Galaxy S25 Edge Price Cut: Flipkart Deal Drops Flagship To ₹65,074

Flipkart is listing the Samsung Galaxy S25 Edge 12GB/256GB at ₹68,999, down from its May 2025 India launch price of ₹1,09,999. The lowest effective price with offers is ₹65,074. The discount comes as India’s smartphone shipments fell 2% year-on-year in Q1 2026, with CMR projecting a 10%–12% drop for the year. Flipkart’s Sasa Lele sale starts May 9, with early access for Black members on May 8.
May 8, 2026
IEA’s 2030 LNG Warning Is Pushing NextDecade to Charter More Ships

IEA’s 2030 LNG Warning Is Pushing NextDecade to Charter More Ships

The IEA said the Iran war has removed about 120 billion cubic metres of global LNG supply from 2026-2030. NextDecade plans to charter more LNG carriers for its Rio Grande project as shipping risks rise and long-term contracts return. European Union gas storage is 30% below its five-year average. NextDecade expects first LNG from Rio Grande in early 2027.
May 8, 2026
Star Alliance’s New Guangzhou Lounge Arrives as Terminal 3 Takes Over Baiyun Airport

Star Alliance’s New Guangzhou Lounge Arrives as Terminal 3 Takes Over Baiyun Airport

Star Alliance has opened a 24-hour lounge in Guangzhou Baiyun Airport’s new Terminal 3, replacing its previous facility as the airport shifts all airlines from Terminal 1. The 1,400-square-metre lounge seats 245, features a large outdoor garden, and is open to premium and elite Star Alliance passengers. Ten Star carriers operate about 1,500 weekly departures from Guangzhou. Terminal 1 parking and rail links are closing.
May 8, 2026
Pentagon’s $500 Million Scale AI Deal Puts Big Tech’s War Work Back in the Spotlight

Pentagon’s $500 Million Scale AI Deal Puts Big Tech’s War Work Back in the Spotlight

The Pentagon has raised Scale AI’s contract ceiling to $500 million, expanding the startup’s role in military data sorting and decision support. The agreement, five times larger than the previous $100 million award, covers computer vision and generative AI tools. Scale’s systems will operate on both classified and unclassified networks. The move follows new classified-network deals with Google, OpenAI, and Microsoft.
May 7, 2026
Geely-Ford Spain Plant Deal Could Give Chinese EVs a Faster Route Into Europe

Geely-Ford Spain Plant Deal Could Give Chinese EVs a Faster Route Into Europe

Geely has agreed to buy Ford’s idle Body 3 assembly hall at the Almussafes plant near Valencia, according to La Tribuna de Automoción, giving the Chinese automaker a European production base. Ford has not confirmed the deal. The hall previously built Mondeo, S-Max, and Galaxy models, but now sits unused as Valencia output fell 18% last year. EU tariffs on Chinese EVs reach up to 35.3%.
May 7, 2026
Nvidia Bubble Question Returns After AI Chip Rally Sends Nikkei To Record High

Nvidia Bubble Question Returns After AI Chip Rally Sends Nikkei To Record High

Japan’s Nikkei closed at a record 62,833 on Thursday, jumping 3,320 points as investors poured into AI and semiconductor stocks after the Golden Week break. The surge revived debate in Japanese media over whether Nvidia’s valuation and the broader AI-chip rally are sustainable. Local reports flagged risks of overheating and market concentration. Economist Emin Yilmaz warned that Nvidia’s market cap surpassing Japan’s GDP signals bubble-like conditions.
May 7, 2026
RTL Stock Slump Puts Sky Deal and Streaming Bet Under the Microscope

RTL Stock Slump Puts Sky Deal and Streaming Bet Under the Microscope

RTL Group shares fell 0.46% to 32.68 euros late Thursday, extending a 13.56% five-day slide amid questions over the broadcaster’s outlook. The stock dropped after RTL paid a 5.50 euro dividend linked to the RTL Nederland sale. The company will report first-quarter results May 13 and plans to close its Sky Deutschland acquisition June 1. EU regulators cleared the deal, which will create a group with 12.3 million subscribers.
May 7, 2026
DNO Tawke Restart Stalls: Kurdistan Oil Output Still Shut as Genel and ShaMaran Feel Iran War Hit

DNO Tawke Restart Stalls: Kurdistan Oil Output Still Shut as Genel and ShaMaran Feel Iran War Hit

DNO has restarted limited field work at the Tawke license in Iraqi Kurdistan, but oil production remains halted due to security concerns after U.S.-Israeli strikes on Iran. Genel Energy reported first-quarter Tawke output fell to 52,800 bpd, with its shares down 3.77% in London. DNO’s net profit for the quarter was $51 million, with North Sea output offsetting lower Kurdistan volumes.
May 7, 2026
France Fuel Prices Shift Before May 8 Long Weekend As Diesel Falls And Gasoline Edges Higher

France Fuel Prices Shift Before May 8 Long Weekend As Diesel Falls And Gasoline Edges Higher

Diesel prices in France fell 1.1 cents to €2.216 per litre on Thursday but stayed above €2.20, according to official data. TotalEnergies capped holiday weekend prices at €2.09 for diesel and €1.99 for gasoline across its network. Government figures showed 96% of stations had no supply issues, though local queues were possible. Brent crude traded at $101.98 a barrel after reports of tensions over the Strait of Hormuz.
May 7, 2026
Why Rheinmetall Stock Sold Off Even as Its Order Book Hit €73 Billion

Why Rheinmetall Stock Sold Off Even as Its Order Book Hit €73 Billion

Rheinmetall shares dropped 6.94% in Xetra trading after first-quarter results showed slower sales growth, despite operating profit rising 17% to €224 million. The company kept its 2026 guidance and reported an order book of €73 billion, but order intake fell 55% from last year’s surge. Naval Systems contributed €77 million in March sales after the NVL acquisition. CEO Armin Papperger expects stronger second-quarter sales and orders.
May 7, 2026
Greenland Ice Melt Is Surging Sixfold — Why Scientists Say Sea-Level Risk Is Rising

Greenland Ice Melt Is Surging Sixfold — Why Scientists Say Sea-Level Risk Is Rising

Greenland’s ice sheet meltwater production has increased sixfold since 1990, with seven of the 10 most extreme melt events occurring after 2000, a University of Barcelona-led study reports. The area affected by extreme melt expanded by 2.8 million square kilometers per decade, and meltwater volume rose from 12.7 to 82.4 gigatons per decade. NASA data show Greenland lost about 264 billion metric tons of ice annually between 2002 and 2025.
May 7, 2026
New Cork-France Ferry Route Opens In June As Hibernia Line Bets On Six Weekly Sailings

New Cork-France Ferry Route Opens In June As Hibernia Line Bets On Six Weekly Sailings

Hibernia Line has opened bookings for a new Cork-to-Boulogne ferry service starting June 12, with six weekly sailings each way for passengers and freight. The company expects to carry over 250,000 passengers a year using two vessels, St Patrick and MV Akka. The €20 million investment creates up to 250 jobs in Ireland and France, including 200 crew roles. Crossings will take about 21.5 hours.
May 7, 2026
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