Marcin Frąckiewicz

National Australia Bank’s New AI Science Team Puts NAB Jobs and May Results in Focus
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National Australia Bank’s New AI Science Team Puts NAB Jobs and May Results in Focus

National Australia Bank has launched its first AI Science team, led by George Mathews and reporting to Chief AI Officer Mahya Knox. The move comes ahead of NAB’s May 4 half-year results, as investors focus on credit quality and tech spending. NAB recently warned first-half credit impairment charges would double to A$706 million. The bank is also restructuring, with a net loss of about 170 jobs in Australia and new roles offshore.
April 28, 2026
PLS Group Limited’s A$38.1 Million Lithium Trial Tests Australia’s Battery-Materials Ambition
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PLS Group Limited’s A$38.1 Million Lithium Trial Tests Australia’s Battery-Materials Ambition

PLS Group Limited has started commissioning a lithium-processing demonstration plant at Pilgangoora, backed by up to A$38.1 million in Australian government funding. The plant will use Calix’s electric-kiln technology and is expected to produce first lithium phosphate in the September quarter of 2026. PLS reported record March-quarter production and revenue, with lithium prices and sales both rising.
April 27, 2026
ANZ Group Holdings Faces New Cost Fight as Regional Banks Push $153 Million Branch Plan
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ANZ Group Holdings Faces New Cost Fight as Regional Banks Push $153 Million Branch Plan

Australia’s Regional Banking Investment Alliance has urged the government to require major banks, including ANZ, to fund face-to-face regional branch services through a levy estimated at A$153 million. The push comes as ANZ prepares to report half-year results on May 1. Regional banks claim they are losing revenue as customers use their services for transactions while holding accounts with larger banks. The proposal would exempt smaller banks with less than 1% of industry assets.
April 27, 2026
Northern Star Buyback: Why the KCGM Turnaround Is Back in Focus
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Northern Star Buyback: Why the KCGM Turnaround Is Back in Focus

Northern Star Resources repurchased 923,598 shares for about A$20.6 million in the first two days of its A$500 million buy-back, filings showed. Shares closed at A$22.14 Monday, up 1.28% on the day but down 6.82% over the week. The company reported March-quarter free cash flow of A$301 million and reaffirmed 2026 gold sales and cost guidance. KCGM mill expansion costs have increased.
April 27, 2026
Fortescue Ltd China Iron Ore Deal Nears as CMRG Tests ASX:FMG Pricing Power
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Fortescue Ltd China Iron Ore Deal Nears as CMRG Tests ASX:FMG Pricing Power

Fortescue Ltd is nearing a supply deal with China’s state-backed iron ore buyer, Bloomberg reported, as Beijing seeks greater control over pricing. Fortescue shipped 48.4 million tonnes in the March quarter, up 5% year-on-year, but cut Iron Bridge guidance after cyclone disruptions. Shares closed at A$19.77 on Monday. The board approved a US$680 million green energy project in the Pilbara, targeting completion by 2028.
April 27, 2026
CSL Shares Bounce After Buyback Tops 6 Million, But Pentagon Flu Vaccine Shock Lingers
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CSL Shares Bounce After Buyback Tops 6 Million, But Pentagon Flu Vaccine Shock Lingers

CSL Limited has repurchased over 6 million shares for about A$1.024 billion as of Monday, amid a sharp stock decline and ongoing buyback program. The company’s shares closed at A$131.82, just above last week’s 52-week low, after the U.S. scrapped its military flu vaccine mandate, affecting CSL’s key Seqirus unit. Half-year profit fell 81% to US$401 million. Gordon Naylor was named interim CEO in February.
April 27, 2026
BHP Group Ltd’s Electric Train Push Hits Union Roadblock as Pilbara Race Tightens
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BHP Group Ltd’s Electric Train Push Hits Union Roadblock as Pilbara Race Tightens

BHP’s plan to begin testing two battery-electric locomotives in Western Australia’s Pilbara region has been delayed by rail safety and union consultation rules, The Australian reported Monday. The locomotives, built by Wabtec, arrived in Port Hedland in November and were set for real-world trials on BHP’s iron ore rail network. Fortescue has started similar trials, while Rio Tinto has paused its own battery locomotive plans.
April 27, 2026
Woodside Energy Stock Slips Before Q1 Report as CEO Pay Revolt Tests New Boss
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Woodside Energy Stock Slips Before Q1 Report as CEO Pay Revolt Tests New Boss

Woodside Energy shares closed down 1.47% at A$32.13 on Monday, ahead of its first-quarter report due April 29. Nearly 35% of shareholders opposed the CEO’s FY26 long-term incentive award at last week’s AGM, reflecting governance concerns. Investors are focused on production guidance and progress at the Scarborough and Louisiana LNG projects. All AGM resolutions passed despite the protest vote.
April 27, 2026
Rachel Reeves Cash ISA Shake-Up: Skipton’s 4.55% Deal Lands As Savers Face 2027 Tax Hit
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Rachel Reeves Cash ISA Shake-Up: Skipton’s 4.55% Deal Lands As Savers Face 2027 Tax Hit

Skipton Building Society launched an 18-month fixed-rate cash ISA at 4.55% AER, ahead of new rules that will cut the annual cash ISA allowance for under-65s to £12,000 from April 2027. The government will also raise the tax rate on savings income by 2 percentage points that year. Skipton’s account requires a £500 minimum and does not allow withdrawals during the term. Average one-year fixed ISA rates hit 4.01% in April.
April 27, 2026
Aviva plc Extends Menopause Support to 675,000 More Customers as Health Cover Competition Tightens
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Aviva plc Extends Menopause Support to 675,000 More Customers as Health Cover Competition Tightens

Aviva will extend specialist menopause support to over 675,000 additional private medical insurance customers and families via its Digital GP service. The insurer bought 931,432 shares for cancellation on April 24 as part of its buyback programme. Aviva shares traded at 626.80 pence, down 0.32%, at 17:25 BST Monday. The company’s AGM is set for May 6, with a trading update and dividend payment scheduled for May 14.
April 27, 2026
3i Group plc Shares Slide Again as Action Growth Fears Put May Results in Focus
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3i Group plc Shares Slide Again as Action Growth Fears Put May Results in Focus

3i Group shares closed down 1.43% at 2,590 pence on Monday, more than 42% below their October 2025 high, ahead of results due May 14. The stock trades about 15% below analysts’ median net asset value estimate, as investors focus on growth at Action, its key Dutch retail holding. Action reported slower like-for-like sales growth but plans at least 400 new stores this year.
April 27, 2026
Diageo Shares Slip Before May 6 Update: Dave Lewis’ Turnaround Has Little Room for Error
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Diageo Shares Slip Before May 6 Update: Dave Lewis’ Turnaround Has Little Room for Error

Diageo shares fell 0.57% to 1,462.6 pence in London ahead of a May 6 trading update. The company expects fiscal 2026 organic net sales to drop 2–3% and operating profit to be flat or slightly higher. First-half net sales fell 4% to $10.46 billion, with net debt at $21.7 billion and a cut to the interim dividend. A Kenyan court cleared Diageo’s $2.3 billion sale of East African Breweries to Asahi.
April 27, 2026
Haleon stock in focus as Google exec hire and £500 million buyback put Sensodyne maker before Q1 test
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Haleon stock in focus as Google exec hire and £500 million buyback put Sensodyne maker before Q1 test

Haleon named ex-Google executive Richard Manso as U.S. chief marketing officer ahead of its April 29 trading statement. The Sensodyne maker is conducting a £500 million share buyback, purchasing 8.44 million shares last week. Haleon shares closed down 1.38% at 350 pence Monday, lagging the FTSE 100. Manso will report to U.S. CEO Nathalie Gerschtein.
April 27, 2026
Prudential PLC Buyback Puts Its $1.2 Billion Shareholder-Return Plan Back in Focus
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Prudential PLC Buyback Puts Its $1.2 Billion Shareholder-Return Plan Back in Focus

Prudential bought back 287,211 ordinary shares in London on April 24 as part of its $1.2 billion 2026 buyback programme, according to a regulatory filing Monday. The shares, purchased at an average price of £11.2041 each through J.P. Morgan Securities, will be cancelled. Prudential will have 2,522,120,122 shares in issue after the cancellation. The company expects to announce its 2025 second interim dividend on April 28.
April 27, 2026
National Grid plc Stock Slips as Britain’s Clean-Power Push Puts Grid Giant Back in Focus
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National Grid plc Stock Slips as Britain’s Clean-Power Push Puts Grid Giant Back in Focus

National Grid shares closed down 0.11% at 1,293.60p in London on Monday, with 6.2 million shares traded. Investors are assessing the company’s role as the UK accelerates renewables and grid upgrades. National Grid reports full-year results on May 14 after flagging a roughly 1p hit to underlying earnings per share. The stock remains up over 20% year-on-year.
April 27, 2026
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