Marcin Frąckiewicz

3i Group Shares Slide Again as Action Growth Worries Test FTSE 100 Firm

3i Group Shares Slide Again as Action Growth Worries Test FTSE 100 Firm

3i Group shares closed down 1.83% at 2,627.50 pence in London on Friday, extending a three-day slide and leaving the stock 41.57% below its 52-week high. The drop comes ahead of 3i’s annual results on May 14, as investors focus on softer like-for-like sales growth at Action, its largest holding, which reported a 4.0% rise in comparable sales for early 2026, with France up just 0.9%.
April 24, 2026
Anglo American Coal Sale Back In Play As Three Bidders Circle Australia Mines

Anglo American Coal Sale Back In Play As Three Bidders Circle Australia Mines

Anglo American has attracted at least three bidders, including Stanmore Resources, Mitsubishi Corp, and PT Buma Internasional Grup, for its Australian steelmaking coal assets, Bloomberg reported. The revived sale follows Peabody Energy’s withdrawal from a $3.78 billion deal last year. Anglo shares fell 1.44% in London trading. The sale comes as Anglo seeks to exit non-core businesses and pursue a merger with Teck Resources.
April 24, 2026
International Consolidated Airlines Group SA to Raise Fares as Jet Fuel Shock Hits British Airways Owner

International Consolidated Airlines Group SA to Raise Fares as Jet Fuel Shock Hits British Airways Owner

IAG will raise ticket prices to offset higher jet fuel costs but reports no supply interruptions. Shares in the British Airways owner fell 1.6% in late London trading. The move comes as airlines face rising fuel prices linked to the U.S.-Israeli war with Iran and the Strait of Hormuz blockage. IAG is 62% hedged on fuel for 2026 but says it is “not immune” to the wider market impact.
April 24, 2026
Nvidia Stock Is Back Near a Record, But the $300 Path Just Got Harder

Nvidia Stock Is Back Near a Record, But the $300 Path Just Got Harder

Nvidia shares rose 4.8% to $209.15 Friday morning, nearing their 52-week high ahead of the company’s May 20 earnings report. The chipmaker has guided for $78 billion in quarterly revenue, excluding China data-center sales. Rival chipmakers and cloud firms, including Google and Broadcom, have posted stronger gains this year as investors diversify AI bets. Nvidia’s Vera Rubin system remains a focus for future demand.
April 24, 2026
Glencore Stock Slips Before Big Copper Test as Q1 Production Update Looms

Glencore Stock Slips Before Big Copper Test as Q1 Production Update Looms

Glencore shares dropped to 555.10 pence in London on Friday, down 7.40 pence, ahead of its April 30 first-quarter production report. Benchmark copper prices hit $13,448.50 a ton this week, but Goldman Sachs maintained a 2026 forecast below current levels, citing a surplus and sulphuric acid supply risks. Glencore’s copper output last year fell 30% in the first quarter. Peers Teck and BHP reported strong copper results.
April 24, 2026
Haleon Shares Edge Higher as Supplier Cut Puts Sensodyne Maker Under Fresh ESG Scrutiny

Haleon Shares Edge Higher as Supplier Cut Puts Sensodyne Maker Under Fresh ESG Scrutiny

Haleon PLC shares rose 0.48% to 353.30 pence in London on Friday after the company cut ties with packaging supplier Asia Symbol, following reports linking the supplier to Indonesian rainforest clearance. The move comes days before Haleon’s Q1 2026 trading statement and annual meeting on April 29. Haleon said its investigation found no evidence of deforestation-linked material in its supply chain.
April 24, 2026
NatWest Group plc’s Big Startup Banking Push Lands Before a Q1 Profit Test

NatWest Group plc’s Big Startup Banking Push Lands Before a Q1 Profit Test

NatWest Group has launched a venture banking arm aimed at high-growth UK companies, partnering with Amazon Web Services. The move comes days before NatWest reports first-quarter results on May 1, with Citi forecasting pretax profit about 7% above consensus. Company-compiled consensus expects net interest income of £3.41 billion and operating profit before tax of £1.94 billion. Barclays, Lloyds, and HSBC will report results in the same period.
April 24, 2026
Fresnillo PLC Holds 2026 Guidance After Q1 Silver Drop, But Shares Stay Under Pressure

Fresnillo PLC Holds 2026 Guidance After Q1 Silver Drop, But Shares Stay Under Pressure

Fresnillo’s first-quarter silver production dropped 8.5% from the previous quarter to 11.1 million ounces, driven by lower ore grades and reduced volumes at key mines. The company maintained its 2026 output guidance for both silver and gold. Shares fell 0.5% in late Friday trading and are down nearly 10% over the week. Gold production rose 0.7% from the fourth quarter but was down 12.8% year-on-year.
April 24, 2026
BAE Systems’ Norway Frigate Win Hits a UK Navy Bottleneck as Shares Slip

BAE Systems’ Norway Frigate Win Hits a UK Navy Bottleneck as Shares Slip

A UK defence minister confirmed Royal Navy frigate build slots were ceded to Norway under a £10 billion deal with BAE Systems, with no new UK orders yet to fill the gap. BAE shares fell 1.8% Friday as concerns grew over delays in replacing older Type 23 ships. The first new UK Type 26 frigate is expected in 2028, with production stretching into the mid-2030s. Norway plans to buy at least five Type 26 ships.
April 24, 2026
Reckitt Benckiser Shares Claw Back Losses, But Cold Season Miss Puts 2026 Targets on Trial

Reckitt Benckiser Shares Claw Back Losses, But Cold Season Miss Puts 2026 Targets on Trial

Reckitt shares rose 0.3% in London Friday after missing first-quarter sales forecasts and warning first-half operating margin would fall about 200 basis points from last year. Core like-for-like revenue grew 1.3%, below the 2.9% analyst estimate. Group net revenue dropped 11.8% to £3.25 billion, partly due to the sale of its Essential Home business. The company maintained its 2026 core sales outlook.
April 24, 2026
Imperial Brands Stock Faces Fresh Downgrade as £1.45 Billion Buyback Keeps Rolling

Imperial Brands Stock Faces Fresh Downgrade as £1.45 Billion Buyback Keeps Rolling

Morgan Stanley downgraded Imperial Brands to “equal-weight” and upgraded British American Tobacco to “overweight” on Friday. Imperial shares slipped 0.18% while BAT rose 3.23%. Imperial bought back 180,000 shares for cancellation on April 23, continuing its £1.45 billion repurchase program. Market-share pressure and modest growth remain concerns ahead of Imperial’s May 12 results.
April 24, 2026
Southern Co-op’s 300-Branch Warning: Back Co-op Group Deal Or Face Administration

Southern Co-op’s 300-Branch Warning: Back Co-op Group Deal Or Face Administration

Southern Co-op warned members it will likely enter administration if they reject a merger with Co-op Group at votes set for May 6 and 21. The co-op reported a £23.5 million operating loss for the year ended Jan. 25, 2026, and said it cannot secure enough funding to continue alone. The merger would fold over 300 Southern Co-op branches into Co-op Group’s network. About 4,500 jobs are at stake.
April 24, 2026
BP Shareholder Revolt: Climate Vote Blow Puts New CEO Meg O’Neill on the Spot

BP Shareholder Revolt: Climate Vote Blow Puts New CEO Meg O’Neill on the Spot

BP shareholders rejected two board-backed proposals on virtual-only meetings and revoking climate disclosure rules at the annual general meeting, with over 52% voting against each. Chair Albert Manifold was re-elected with 81.77% support, while new CEO Meg O’Neill received 96.76%. BP will report first-quarter results on April 28 after signaling strong oil trading.
April 24, 2026
Lloyds Banking Group Shares Slip as Buyback, Q1 Results and Car Finance Risk Put LLOY on Watch

Lloyds Banking Group Shares Slip as Buyback, Q1 Results and Car Finance Risk Put LLOY on Watch

Lloyds Banking Group repurchased 7.54 million shares Thursday for cancellation, extending its buyback as shares fell 1.23% Friday. The bank said it sees no need to adjust provisions after the FCA finalized a £7.5 billion motor finance redress scheme, but warned of ongoing uncertainty in costs and complaints. Lloyds reports first-quarter results April 29.
April 24, 2026
Rolls-Royce Holdings plc Secures Czech SMR Contract as Europe’s Nuclear Race Heats Up

Rolls-Royce Holdings plc Secures Czech SMR Contract as Europe’s Nuclear Race Heats Up

CEZ and Rolls-Royce SMR signed an early-works contract for a small modular reactor at the Temelín nuclear site, with the first Czech unit now expected in the second half of the 2030s. The agreement follows a similar UK deal and marks Rolls-Royce’s second SMR contract in Europe. The contract covers project planning and licensing but does not include equipment delivery or construction.
April 24, 2026
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