Marcin Frąckiewicz

SSE Stock Gets New Catalyst as UK Power-Price Shake-Up Tests Utility Earnings
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SSE Stock Gets New Catalyst as UK Power-Price Shake-Up Tests Utility Earnings

Deutsche Bank raised its price target on SSE PLC to 2,900 pence and kept a “buy” rating after the UK government proposed voluntary fixed-price power contracts and increased the Electricity Generator Levy to 55%. SSE shares closed at 2,630.50 pence Friday. The company expects 2025/26 adjusted EPS of 147-152 pence and 14.5 TWh renewable output. Preliminary results are due May 28.
April 25, 2026
BP PLC Faces Investor Revolt Before Meg O’Neill’s First Big Results Test
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BP PLC Faces Investor Revolt Before Meg O’Neill’s First Big Results Test

BP shareholders rejected two board-backed proposals at the annual meeting, with 52.88% voting against new articles of association and 52.53% against revoking earlier climate-related votes. Chair Albert Manifold was elected with 81.77% support, while CEO Meg O’Neill received 96.76%. The votes come as BP seeks to reset strategy and faces pressure over climate risk and governance.
April 25, 2026
Fresnillo PLC Shares Face Fresh Pressure After Silver Output Drop, Even as 2026 Guidance Holds
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Fresnillo PLC Shares Face Fresh Pressure After Silver Output Drop, Even as 2026 Guidance Holds

Fresnillo shares fell 1.63% to 3,370 pence on Friday after reporting an 8.5% drop in first-quarter attributable silver production to 11.1 million ounces. Gold output rose 0.7% from the previous quarter but was down 12.8% year-on-year. The company kept its 2026 production guidance unchanged. Berenberg maintained its hold rating and 34-pound price target.
April 25, 2026
UK Stock Market Today: FTSE 100 Rally Breaks as Oil Shock and BoE Warning Hit London
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UK Stock Market Today: FTSE 100 Rally Breaks as Oil Shock and BoE Warning Hit London

The FTSE 100 fell 0.8% to 10,379.08 on Friday, ending a four-week winning streak as rising oil prices and Middle East tensions hit sentiment. Banks and drugmakers led losses, with AstraZeneca down 3.7% and Barclays off 0.9%. Retail sales rose 0.7% in March, but gains were driven by fuel buying. Mondi shares plunged 11.1% after warning of higher costs and announcing 450 job cuts in Europe.
April 25, 2026
Glencore’s South Africa smelter rescue now hinges on a fast Nersa ruling
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Glencore’s South Africa smelter rescue now hinges on a fast Nersa ruling

Glencore-Merafe is urging fast approval of Eskom’s proposed 62c/kWh tariff relief for South African ferrochrome smelters, citing a May 11 labour deadline. Nersa has opened public consultations on changes to Eskom’s pricing agreements with Glencore-Merafe and Samancor. Several smelters remain idle after high power costs. The venture warns further delays could trigger job losses.
April 25, 2026
British American Tobacco Shares Rise After Morgan Stanley Makes BAT Its Top European Tobacco Pick
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British American Tobacco Shares Rise After Morgan Stanley Makes BAT Its Top European Tobacco Pick

British American Tobacco shares rose 1.97% to 4,302p late Friday after Morgan Stanley double-upgraded the stock to overweight and named it its top European tobacco pick, raising the price target to 4,900p. The upgrade comes as UK lawmakers passed a bill tightening tobacco and vaping rules and raising the legal buying age, while BAT continues buybacks and reports growth in newer nicotine products.
April 25, 2026
Reckitt Benckiser Durex Headache Deepens as China Price Scare Follows Weak Quarter
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Reckitt Benckiser Durex Headache Deepens as China Price Scare Follows Weak Quarter

Reckitt warned of lower first-half margins after missing first-quarter sales growth forecasts, citing high oil prices, Russia sanctions, and weak cold-and-flu demand. A viral scare over condom price hikes in China, a key growth market, followed news that supplier Karex may raise prices up to 30% if Iran-war disruptions persist. Reckitt’s shares fell as much as 7% after Wednesday’s update.
April 25, 2026
Rolls-Royce Holdings plc Wins Fresh Europe SMR Deal as Czech Nuclear Bet Moves Forward
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Rolls-Royce Holdings plc Wins Fresh Europe SMR Deal as Czech Nuclear Bet Moves Forward

Rolls-Royce SMR signed an early works contract with ČEZ Group to begin preparatory work for the Czech Republic’s first small modular reactor at Temelín, with the first unit now expected in the late 2030s. The deal follows a similar UK contract signed this month. Rolls-Royce shares closed down 2.65% at 1,129.40 pence on Friday. The Czech state is moving to take full control of ČEZ.
April 25, 2026
Unilever Stock Watch: Nigeria Profit Jump Puts Spotlight on April 30 Q1 Test
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Unilever Stock Watch: Nigeria Profit Jump Puts Spotlight on April 30 Q1 Test

Unilever Nigeria reported a 26% rise in quarterly revenue to 59.17 billion naira, led by strong foods sales. Unilever PLC’s shares rose 1.15% in London ahead of the group’s April 30 first-quarter statement. The Nigerian unit remains majority-owned by Unilever Overseas Holdings BV. The parent company recently agreed to merge its foods business with McCormick, securing $15.7 billion in cash and 65% equity in the new entity.
April 25, 2026
BAE Systems Stock Hit as £10 Billion Norway Frigate Deal Reopens Royal Navy Worries
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BAE Systems Stock Hit as £10 Billion Norway Frigate Deal Reopens Royal Navy Worries

BAE Systems shares fell 2.9% to 2,020.5 pence in London on Friday after reports that build slots for three UK Type 26 frigates had been given to Norway. The Times said the first UK vessel is expected in 2028. Defence minister Luke Pollard told parliament the Norway deal covers eight British and five Norwegian ships. BAE’s order backlog stood at £83.6 billion at the end of 2025.
April 25, 2026
HSBC Holdings Calls HK$1.5 Billion, €2 Billion Notes Before Earnings Test
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HSBC Holdings Calls HK$1.5 Billion, €2 Billion Notes Before Earnings Test

HSBC will redeem HK$1.5 billion of 1.55% notes and €2 billion of fixed-to-floating-rate notes due 2027 in June, cancelling their London listings, according to a filing. The move comes less than two weeks before HSBC’s first-quarter earnings on May 5. The bank did not give a separate reason for the early redemption. Investors are watching capital levels and future buyback plans.
April 25, 2026
Barclays Makes Its Move in £9 Billion Car-Finance Fight Before Key Deadline
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Barclays Makes Its Move in £9 Billion Car-Finance Fight Before Key Deadline

Barclays PLC will not challenge the UK’s £9.1 billion motor-finance compensation scheme, joining Lloyds and Santander ahead of a Monday deadline for legal action. The bank increased its redress provision to £325 million as of September 2025 and said it exited the motor-finance market in 2019. The FCA scheme covers car loans from 2007 to 2024 and is expected to pay out £7.5 billion to customers.
April 25, 2026
PLS Group Limited Starts A$38.1 Million-Backed Lithium Plant Trial as Battery Supply Chain Shifts
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PLS Group Limited Starts A$38.1 Million-Backed Lithium Plant Trial as Battery Supply Chain Shifts

PLS Group has begun commissioning a lithium processing demonstration plant at Pilgangoora, backed by A$38.1 million in government funding and an offtake deal with China’s Ningbo Ronbay. The plant aims to process 27,000 tonnes of spodumene concentrate into 3,000 tonnes of lithium phosphate annually. PLS reported record March-quarter production and closed a US$600 million bond issue. The project remains in validation, not full commercial phase.
April 25, 2026
Telstra Group Limited’s AI Bet Has a New Number: 30% of Customer Queries
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Telstra Group Limited’s AI Bet Has a New Number: 30% of Customer Queries

Telstra CEO Vicki Brady said AI now handles 30% of customer queries on the company’s website and app, following the rollout of a generative AI assistant last November. Brady told Microsoft’s AI Tour in Sydney that 75% of Telstra teams use AI tools weekly, with a target of 85% this year. Microsoft separately announced a A$25 billion Australian investment in AI infrastructure and cloud services by 2029.
April 25, 2026
ANZ Group Holdings Hires First AI Chief From HSBC as Australia’s Bank Tech Race Tightens
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ANZ Group Holdings Hires First AI Chief From HSBC as Australia’s Bank Tech Race Tightens

ANZ Group has appointed Kai Yang, formerly HSBC’s chief data and analytics officer for Asia and the Middle East, as its first chief data and AI officer. Yang will start in Sydney in July, reporting to group CIO Donald Patra. The move comes days before ANZ’s half-year results and follows CEO Nuno Matos’ efforts to overhaul technology and risk management. HSBC confirmed Yang’s departure was for family reasons.
April 25, 2026
Macquarie Group Stock Watch: 5.26% Regis Resources Stake Lands as UBS Turns Cautious
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Macquarie Group Stock Watch: 5.26% Regis Resources Stake Lands as UBS Turns Cautious

Macquarie Group disclosed a 5.26% voting stake in Regis Resources, crossing Australia’s substantial-holder threshold on April 21, according to a late-Friday filing. The move comes ahead of Macquarie’s May 8 results and after its shares retreated from a 52-week high. Macquarie also ceased to be a substantial holder in Ventia Services Group on the same date. UBS downgraded Macquarie to Neutral earlier in the week.
April 25, 2026
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