Marcin Frąckiewicz

HSBC Stock Price Today: Shares Slide as Middle East Risks Test Gulf Growth Bet
···

HSBC Stock Price Today: Shares Slide as Middle East Risks Test Gulf Growth Bet

HSBC shares fell about 1% to 1,267 pence in London on Wednesday, reversing part of Tuesday’s rebound as investors grew wary over Middle East war risks. The FTSE 100 dropped 0.6% and the pan-European STOXX 600 slipped 1% after Tuesday’s surge. HSBC CEO Georges Elhedery said the bank’s commitment to the Gulf remains unchanged. Investors remain concerned about energy costs and potential inflation from Gulf shipping disruptions.
March 11, 2026
BP Stock Price Today: Shares Rise as Oil Rebounds, Climate Challenge Adds Fresh Pressure
···

BP Stock Price Today: Shares Rise as Oil Rebounds, Climate Challenge Adds Fresh Pressure

BP shares rose 1.15% in London as Brent crude topped $90 a barrel, but activist group Follow This threatened court action if BP does not circulate a climate proposal before its April 23 meeting. The dispute comes as Meg O'Neill prepares to become CEO and BP faces scrutiny after halting share buybacks. Oil prices remain volatile, with recent gains reversing after U.S. comments on Middle East tensions.
March 11, 2026
Harbour Energy Share Price Falls 9% After EIG Sells £153 Million Stake at 255p
···

Harbour Energy Share Price Falls 9% After EIG Sells £153 Million Stake at 255p

Harbour Energy shares dropped 8.7% after EIG Asset Management sold about 60 million shares, or 3.8% of the company, at a discount. The sale raised £153 million for EIG, cutting its stake to 3.5%. Harbour’s decline came despite gains in BP, Shell, and the broader energy index. The company recently raised its 2026 output forecast and reported strong early-year production.
March 11, 2026
Anglo American plc Stock Price Falls Again as JPMorgan Cut and War Risks Hit Miners
···

Anglo American plc Stock Price Falls Again as JPMorgan Cut and War Risks Hit Miners

Anglo American shares fell 2.1% to 3,253 pence in London by 1248 GMT Wednesday after JPMorgan downgraded the stock and renewed Middle East war concerns pressured mining shares. The drop followed a sharp rebound Tuesday. Non-executive director Anne Wade bought 525 shares on March 9. Anglo is still seeking regulatory approval to close its merger with Teck Resources.
March 11, 2026
Legal & General Share Price Falls More Than 5% After Profit Miss, Lower Solvency Overshadow Record Buyback
···

Legal & General Share Price Falls More Than 5% After Profit Miss, Lower Solvency Overshadow Record Buyback

Legal & General shares dropped 5.5% by 1103 GMT after the insurer missed full-year profit estimates and reported a lower solvency ratio, despite announcing a £1.2 billion buyback. The company raised its dividend 2% to 21.79 pence and set out over £5 billion in shareholder returns for 2025-2027. Investors focused on the solvency ratio, which fell to 210% from 232% a year earlier.
March 11, 2026
CSL Limited Breaks Ground on $1.5 Billion Illinois Plant as Turnaround Pressure Builds
···

CSL Limited Breaks Ground on $1.5 Billion Illinois Plant as Turnaround Pressure Builds

CSL Limited has begun a $1.5 billion expansion of its Kankakee, Illinois, manufacturing site, aiming to add at least 300 jobs and boost plasma-derived therapy output by 2031. The move follows an 81% drop in first-half profit and recent leadership changes. CSL also repurchased 62,472 shares for about A$9.1 million on March 10. Shares closed at A$144.56 Tuesday, up 1.65% but near a 52-week low.
March 11, 2026
South32 Ltd Looks to Bypass China for Arizona Zinc as Hermosa Nears U.S. Approval
···

South32 Ltd Looks to Bypass China for Arizona Zinc as Hermosa Nears U.S. Approval

South32 plans to send zinc from its $2.16 billion Hermosa mine in Arizona to North American smelters, not China, after a key U.S. Forest Service draft approval on March 6. The company signed a non-binding letter of intent with Teck Resources to supply its British Columbia smelter. The federal review runs through April 20, with a final decision expected in July. South32 says Hermosa could produce up to five critical minerals.
March 11, 2026
Telstra Group Limited warns Australia map rules could cut 1 million sq km from coverage claims
···

Telstra Group Limited warns Australia map rules could cut 1 million sq km from coverage claims

Telstra warned Australia’s draft mobile coverage-map standard would mark areas used by 1.5 million customers a month as having no service, forcing it to remove about 1 million square km from its maps. The Australian Communications and Media Authority must finalize the rules by March 31, with implementation set for June 30. The ACCC supports stricter mapping, citing unreliable current maps and risks for consumers. Optus and TPG also weighed in on the proposed -115 dBm signal threshold.
March 11, 2026
Suncorp Pushes Ahead With Buyback After Storm-Hit Half, Sets A$14.32 DRP Price
···

Suncorp Pushes Ahead With Buyback After Storm-Hit Half, Sets A$14.32 DRP Price

Suncorp Group bought back 1.19 million shares for A$17.17 million on Tuesday and set its interim dividend reinvestment price at A$14.32 per share. The insurer has now spent about A$223.9 million on buybacks, with A$176.1 million left to reach its A$400 million target for fiscal 2026. First-half cash earnings fell 67% after severe weather pushed natural-hazard costs to A$1.319 billion.
March 11, 2026
Pro Medicus Ltd locks in A$40 million U.S. renewals as MedStar adds heart-imaging tools
···

Pro Medicus Ltd locks in A$40 million U.S. renewals as MedStar adds heart-imaging tools

Pro Medicus’ U.S. unit renewed two imaging software contracts totaling at least A$40 million, including a five-year, A$31 million extension with MedStar Health that adds heart-imaging tools, and a separate A$9 million deal with Zwanger-Pesiri. Both contracts were signed at higher per-transaction fees and expand the company’s presence in the U.S. market.
March 11, 2026
Northern Star Resources Ltd shares rebound with gold rally, but guidance cuts still loom
···

Northern Star Resources Ltd shares rebound with gold rally, but guidance cuts still loom

Northern Star Resources rose 2.6% Tuesday as Australian gold stocks rebounded, with the gold index up 2.5% and the ASX 200 gaining 1.6%. The miner is still trading below January levels after cutting FY26 production guidance and raising cost forecasts due to operational issues. Spot gold climbed 1.9% to $5,231.79 an ounce. S&P Dow Jones Indices will add Northern Star to the S&P/ASX 20 on March 23.
March 11, 2026
NASA satellite crash today: Van Allen Probe A heads for Earth years earlier than expected
···

NASA satellite crash today: Van Allen Probe A heads for Earth years earlier than expected

NASA's retired Van Allen Probe A was expected to re-enter Earth's atmosphere Tuesday evening, with debris possibly surviving the descent, according to the U.S. Space Force. NASA estimated a 1 in 4,200 chance of harm to people. The probe is returning years ahead of schedule due to increased atmospheric drag from solar activity. The exact timing and location of re-entry remain uncertain.
March 11, 2026
Wesfarmers Limited’s Bunnings Expands Auto Range With 500 New Products in Fresh Growth Push
···

Wesfarmers Limited’s Bunnings Expands Auto Range With 500 New Products in Fresh Growth Push

Bunnings will add 500 automotive products and expand floor space for the category by 30% across Australia and New Zealand, raising its in-store range to over 1,200 items. The move intensifies competition with specialist auto retailers as Wesfarmers seeks to maintain growth amid uneven consumer spending. Wesfarmers shares rose 1.47% to A$75.46 on Tuesday. Bunnings generated A$10.7 billion in revenue in the half-year to December 31.
March 11, 2026
Santos Limited greenlights $357 million Moomba Central Optimisation project to cut costs, extend Cooper Basin gas output
···

Santos Limited greenlights $357 million Moomba Central Optimisation project to cut costs, extend Cooper Basin gas output

Santos Limited and Beach Energy approved a $357 million investment to overhaul the Moomba gas hub in South Australia’s Cooper Basin, replacing seven compressor stations with a single electric-driven facility. Santos expects over $600 million in savings and a 40,000-tonne annual cut in Scope 1 emissions. The project’s economics partly depend on finalising a gas supply deal with South Australia. Completion is targeted in three years.
March 11, 2026
Fortescue Ltd Completes Alta Copper Deal, Deepening Peru Copper Bet
···

Fortescue Ltd Completes Alta Copper Deal, Deepening Peru Copper Bet

Fortescue Ltd has acquired all remaining shares of Alta Copper for C$1.40 each, valuing the Peru-focused copper developer at about C$139 million. Alta shares will be delisted from Toronto, Lima, and OTCQX exchanges. Fortescue’s Cañariaco copper project in Peru is not expected to start production until next decade. The company posted a 23% rise in first-half profit to $1.91 billion in February.
March 11, 2026
Macquarie hires former Ares executive Eli Appelbaum for EMEA lending push as private credit strains deepen
···

Macquarie hires former Ares executive Eli Appelbaum for EMEA lending push as private credit strains deepen

Macquarie Group has hired Eli Appelbaum from Ares Management to lead its EMEA lending and asset finance business as it expands private credit operations in the region. The firm recently funded AI infrastructure projects, including a €117 million commitment to Polarise’s Munich data center. Macquarie reported less than £50 million exposure to the collapsed UK lender Market Financial Solutions. Industry defaults and fund withdrawals have increased.
March 10, 2026
ANZ Group Holdings to Reopen Chinchilla Branch as Pressure Builds on Big Banks to Keep Regional Services
···

ANZ Group Holdings to Reopen Chinchilla Branch as Pressure Builds on Big Banks to Keep Regional Services

ANZ Group will reopen its Chinchilla branch in regional Queensland in the second half of 2026, following the closure of the town’s Suncorp Bank agency on May 29. The move comes after ANZ’s A$4.9 billion purchase of Suncorp Bank and amid government restrictions on regional branch closures until July 2027. ANZ said it will support Suncorp customers during the transition.
March 10, 2026
NASA Satellite Crash Alert: Van Allen Probe A Set for Earth Re-Entry With Low Risk to People
···

NASA Satellite Crash Alert: Van Allen Probe A Set for Earth Re-Entry With Low Risk to People

NASA said its defunct Van Allen Probe A satellite, weighing 1,323 pounds, is expected to re-enter Earth’s atmosphere around 7:45 p.m. EDT Tuesday, with some debris likely to survive. Officials say there is no targeted landing area and the exact timing remains uncertain. The mission ended in 2019, years earlier than planned, after increased solar activity accelerated the craft’s descent. NASA maintains the risk to the public is low.
March 10, 2026
Westpac Banking Corporation Sees Consumer Sentiment Lift, but Late-Week Drop Sets Up RBA Test
···

Westpac Banking Corporation Sees Consumer Sentiment Lift, but Late-Week Drop Sets Up RBA Test

Australian consumer sentiment rose 1.2% in March, but late survey responses showed a sharp drop as Middle East tensions escalated, Westpac said Tuesday. The Westpac-Melbourne Institute index reached 91.6, while a rival ANZ-Roy Morgan measure fell to 73.4, its lowest since July 2023. Westpac reported A$1.9 billion in unaudited December quarter profit, but flagged housing supply and inflation as ongoing concerns.
March 10, 2026
National Australia Bank Survey Shows Australian Business Confidence Turns Negative After RBA Hike
···

National Australia Bank Survey Shows Australian Business Confidence Turns Negative After RBA Hike

Australian business confidence fell to -1 in February, its first negative reading in 11 months, according to NAB’s monthly survey, while business conditions stayed at +7 and sales rose. The decline followed the Reserve Bank of Australia’s Feb. 3 rate hike to 3.85%. NAB’s first-quarter cash earnings climbed 16% to A$2.02 billion as business banking volumes increased. Inflation pressures persisted, with purchase and labour costs up 1.5% for the quarter.
March 10, 2026
1 … 25 26 27 28 29 … 101