Marcin Frąckiewicz

Marcin Frąckiewicz is the CEO of TS2 Space and a longtime technology entrepreneur focused on telecommunications, satellite communications and digital innovation. A graduate of the Warsaw School of Economics (SGH), he writes about space technology, artificial intelligence and publicly traded technology companies. His analysis covers major market trends, emerging technologies and the businesses shaping the future of the global economy.

Openreach Adds 238 UK Areas to Copper Switch-Off List as Landline Deadline Nears

Openreach Adds 238 UK Areas to Copper Switch-Off List as Landline Deadline Nears

Openreach has tacked on another 238 UK exchanges to its full-fibre “stop sell” programme, pushing more regions onto the roster where legacy copper broadband and phone services will hit fresh order restrictions. With the May 8 update, marked as Tranche 24, the FTTP Priority Exchange list climbs to 2,116 entries, according to Openreach’s document. Why now? Britain’s shift away from copper has left the drawing board. The focus is switching to actually moving customers. The legacy Public Switched Telephone Network — PSTN, the analogue backbone of those familiar landlines — is set for shutdown by Jan. 31, 2027. Calls will be routed over broadband-based digital lines instead.
May 11, 2026
Oil Tankers Go Dark Near Hormuz as Iran Risk Keeps Crude Above $100

Oil Tankers Go Dark Near Hormuz as Iran Risk Keeps Crude Above $100

Roughly 6 million barrels of crude have exited the Strait of Hormuz on three tankers running dark, according to shipping data from Kpler and LSEG. Buyers are navigating a risky Gulf corridor still lingering under Iranian threats, with the Agios Fanourios I and Kiara M—both very large crude carriers—hauling 2 million barrels each of Iraqi crude. The Basrah Energy moved another 2 million barrels of Abu Dhabi’s Upper Zakum, unloading at Fujairah on May 8. Right now, Hormuz is the flashpoint that’s keeping energy markets on edge after 10 weeks of conflict. Brent crude jumped almost 4% to $105.33 a barrel in early Monday Asia trade, while U.S. West Texas Intermediate climbed past 4% to $99.85. The catalyst: President Donald
May 11, 2026
Canara Bank Q4 Results: Profit Falls 10%, But Bad Loans Keep Improving

Canara Bank Q4 Results: Profit Falls 10%, But Bad Loans Keep Improving

Canara Bank posted a 9.9% drop in standalone profit for the fourth quarter on Monday. Lower provisions helped, but softer operating profit dragged the bottom line, even as the bank managed to improve both its core lending income and bad-loan ratios. With these numbers, attention turns again to margins and asset quality for public-sector banks heading into FY27. Loan growth continues to outpace deposits, a dynamic that gives a lift to revenue yet also pushes up funding costs. Canara Bank reported a 15.3% jump in global advances to ₹12.38 lakh crore from a year earlier; deposits, meanwhile, climbed 9.7% to ₹15.69 lakh crore. The global net interest margin came in at 2.51%—still short of the bank’s FY26 goal of 2.75%-2.80%.
May 11, 2026
Sensex Crash Today: Why Nifty Slid Below 23,950 as Oil Shock and Modi’s Fuel Appeal Hit Dalal Street

Sensex Crash Today: Why Nifty Slid Below 23,950 as Oil Shock and Modi’s Fuel Appeal Hit Dalal Street

Indian stocks took a hit Monday, with the Sensex tumbling more than 900 points by the afternoon and the Nifty 50 sliding beneath 23,950. The downturn came as crude prices jumped and Prime Minister Narendra Modi urged measures to save fuel and shore up foreign exchange, sapping investor confidence. The Sensex's early losses had topped 1,100 points. Brent crude climbing past $105 a barrel has reignited concerns around inflation, the rupee, and India’s trade bill—no small matter for a country so reliant on imported oil. India’s current account deficit reflects it: more foreign currency goes out than comes in, and any spike in oil or gold imports only deepens that gap.
May 11, 2026
Rupee Near Record Low: Oil Shock Pushes India’s Currency Past 95 Against Dollar

Rupee Near Record Low: Oil Shock Pushes India’s Currency Past 95 Against Dollar

The rupee slid beyond 95 per dollar on Monday as oil prices surged, following stalled U.S.-Iran peace talks. Traders pointed to likely dollar sales by state banks, trying to curb the rupee’s drop. Reuters pegged the currency at 95.1850 to the dollar, off 0.75%. Both Navbharat Times and Moneycontrol reported a fall to 95.17. India’s timing couldn’t have been worse. With oil prices climbing, importers scramble for more dollars, putting extra strain on the rupee. If those higher fuel costs get passed on, inflation picks up at home. Investors eye the current account—always a sensitive spot for countries that import much of their oil.
May 11, 2026
Coles Group Share Price Faces Monday Test as Inflation Squeeze Hits Its Sales Story

Coles Group Share Price Faces Monday Test as Inflation Squeeze Hits Its Sales Story

Coles Group Ltd. faces the ASX on Monday as investors look hard at one thing: whether robust supermarket sales can stick around if fuel, freight, and supplier costs push higher. Shares ended May 8 at A$21.63, slipping 0.8%. Timing plays a key role here: Australia’s grocery sector is back in the inflation spotlight. The Reserve Bank of Australia last week hiked its inflation outlook, projecting headline inflation to top out near 5% as the global energy shock pushes fuel prices higher and drags on economic growth.
May 11, 2026
Cochlear Limited Shares Face A$100 Test After Shock Profit Cut: What Investors Watch Now

Cochlear Limited Shares Face A$100 Test After Shock Profit Cut: What Investors Watch Now

Sydney—May 11, 2026, 08:02 AEST Cochlear Limited will kick off trading Monday close to A$100 per share, a figure that’s become something of a litmus test for sentiment after a bruising profit warning and steep drop last month. According to MarketScreener, shares finished May 8 at A$99.89, gaining 1.7% on the session, but even after that bounce, the stock remains down 61.7% for the year.
May 11, 2026
Xero Shares Face Pivotal Results Week as Melio Bet Comes Into View

Xero Shares Face Pivotal Results Week as Melio Bet Comes Into View

Xero Limited is set for a crucial week, as the ASX-listed accounting software player prepares to deliver FY26 full-year results on May 14. Investors will also be watching for fresh details on Melio and its U.S. operations. This marks the first time the company’s scheduled earnings will reflect the AI and U.S. payments roadmap it outlined back in February. This timing lands after a steep reset in the stock. Xero closed at A$83.56 on May 8, slipping 0.63% that session and nursing a 51.5% loss over the last year. Shares have swung between A$67.93 and A$196.52 during the past 52 weeks, according to Investing.com data.
May 11, 2026
South32’s Eskom Power Deal Puts 29,000 Aluminium Jobs in Play

South32’s Eskom Power Deal Puts 29,000 Aluminium Jobs in Play

South32 Ltd is pushing to lock in a fresh electricity deal for its Hillside Aluminium smelter by 2029, looking to sidestep the kind of power-price clash that shuttered its Mozal site in Mozambique. At the 30th anniversary celebration for Hillside, Chief Executive Graham Kerr told reporters the Richards Bay operation could keep going “20-30 years” if a competitive power contract materializes, according to Business Day. Timing’s key here. Hillside’s cut-rate Eskom contract wraps up in 2031, and smelters can’t run without big, reliable power—cheap juice is non-negotiable if you want to stay in the game. On March 15, South32 shuttered Mozal, moving it to care and maintenance after it couldn’t lock in enough low-cost electricity, according to Reuters.
May 10, 2026
Santos Stock Faces A Crucial Week As Australia’s Gas Rule Tests Its LNG Growth Plan

Santos Stock Faces A Crucial Week As Australia’s Gas Rule Tests Its LNG Growth Plan

Santos Limited opened the week under scrutiny, as investors sized up the company’s LNG ambitions against fresh domestic policy headwinds. Shares last changed hands at A$7.52, marking a 1.44% dip before Friday’s close in Sydney. LNG refers to natural gas cooled to liquid for easier transport by tanker. Canberra’s domestic gas reservation plan is front and center. Starting July 1, 2027, exporters will be required to direct an amount of gas equal to 20% of their exports into the Australian market, according to the government. Contracts secured before Dec. 22, 2025, won’t be affected.
May 10, 2026
Longi’s First Finland Battery Goes Live as Nordic Storage Race Heats Up

Longi’s First Finland Battery Goes Live as Nordic Storage Race Heats Up

Longi Green Energy Technology has rolled out its first energy storage system in Finland—a modest 2 MW/4 MWh battery, but one that's drawing attention thanks to its integration with the Söderby Solpark solar installation on the Åland Islands. According to Longi Energy Storage, the BESS works alongside a 4 MW solar array on site. Capacity is 4 MWh, a figure that tracks the total electricity the battery can hold. Timing is critical as Finland ramps up weather-dependent energy sources and needs batteries to manage volatile supply. By early February, roughly 1,050 MW of storage had been plugged into the Finnish grid, grid operator Fingrid said. The company also cautioned that new battery sites need to be chosen carefully to prevent
May 10, 2026
Lynas Rare Earths Stock Is Back in Focus Before Trump-Xi Summit

Lynas Rare Earths Stock Is Back in Focus Before Trump-Xi Summit

Lynas Rare Earths Limited finds itself under renewed scrutiny this week after a top U.S. official confirmed Washington’s rare-earths agreement with China still stands, just as President Donald Trump prepares to meet Chinese President Xi Jinping in Beijing. The stakes are high for Lynas: supply uncertainty from China is what keeps buyers focused on rare-earths suppliers outside the country. This is the sticking point right now. Lynas operates in a rare earths market where these metals—vital for magnets, electronics, EVs, and defense—are as much about policy leverage as they are about supply and demand. The company owns the Mt Weld mine in Western Australia and a key processing facility in Malaysia, and calls itself the only major supplier of separated
May 10, 2026
QBE Insurance Shares Slid After 11% Premium Growth — The Pricing Signal Explains Why

QBE Insurance Shares Slid After 11% Premium Growth — The Pricing Signal Explains Why

QBE Insurance Group left its 2026 guidance unchanged after reporting first-quarter gross written premium up 11% to US$9.2 billion. The Sydney-based insurer’s top line looked solid, but investors seemed unconvinced by the headline figure. The company is sticking to its forecast for mid-single-digit premium growth on a constant-currency basis and maintains its group combined operating ratio target at roughly 92.5% for the year. This update is timely, as the pricing cycle shows signs of waning. QBE logged group premium rate hikes of roughly 2% for the quarter, but also pointed to stiffening competition in commercial property and at Lloyd’s—the specialist insurance market where global insurers handle intricate risks.
May 10, 2026
WiseTech Global Stock Back on Watchlists as AI Job Cuts Test CargoWise Growth

WiseTech Global Stock Back on Watchlists as AI Job Cuts Test CargoWise Growth

WiseTech Global Ltd faces Monday’s Sydney open with its ASX shares sitting at A$42.27 as of May 8, having dropped 4.6% that day. Investors are sizing up the firm’s AI-driven overhaul and the risks that come with it. Shares remain a long way off the 52-week peak of A$121.31, according to market data. Right now, WiseTech is back in the mix with top-tier ASX software stocks—investors aren’t just treating it as a logistics play anymore. On May 9, a market piece lumped WiseTech and Xero together, flagging both as tech names catching attention as investors revisit the software sector’s recent weakness, AI buzz, and the outlook for cloud-driven growth. Xero doesn’t compete in logistics, but it’s a solid ASX software
May 10, 2026
Mineral Resources Stock Faces a New Debt-Repair Test After COO Move and POSCO Lithium Push

Mineral Resources Stock Faces a New Debt-Repair Test After COO Move and POSCO Lithium Push

Mineral Resources Ltd kicked off the week by naming Darren Killeen as its inaugural chief operating officer, handing the veteran executive oversight of daily operations. Killeen, who has been with the Western Australian miner for years, will report straight to Managing Director Chris Ellison. The move comes as the company continues to navigate a delicate balance-sheet situation. MinRes has been working to reassure investors about its hefty spending, rising debt levels, and exposure to lithium prices. The stock settled at A$69.55 on Friday, off A$1.79, or 2.5%, from the previous close, after hitting an intraday high of A$71.62, according to Bloomberg data.
May 10, 2026
Fortescue’s $1 Billion Court Test Arrives as Rio Tinto Locks In Pilbara Solar Deal

Fortescue’s $1 Billion Court Test Arrives as Rio Tinto Locks In Pilbara Solar Deal

Fortescue Ltd is staring down a pivotal week in its protracted battle with the Yindjibarndi people. The Federal Court is set for its ruling on Tuesday, deciding over compensation linked to the miner’s Solomon Hub iron ore site in Western Australia’s Pilbara. The Yindjibarndi are pressing for a payout topping A$1 billion for cultural and economic loss, according to a statement from the group. Fortescue, for its part, argues that compensation should be capped around A$8.1 million. This timing has thrown the spotlight squarely on the issue. According to The West Australian, Rio Tinto locked in a solar agreement with Yindjibarndi Energy Corporation right before the ruling, putting partnerships with traditional owners back in focus for iron ore groups navigating
May 10, 2026
Goodman Group Just Bought a Newark Brewery. The Real Prize Is Land, Power and Logistics

Goodman Group Just Bought a Newark Brewery. The Real Prize Is Land, Power and Logistics

NEWARK, New Jersey, May 10, 2026, 15:02 EDT Goodman Group snapped up Anheuser-Busch’s old Newark brewery for about $360 million, landing the Australian industrial property giant a rare big-ticket redevelopment spot in the New York metro. According to Newmark Group, which advised on the deal, Goodman is a global industrial real estate owner and developer.
May 10, 2026
Woolworths Group’s 700-Store Recycling Comeback Lands as Trust Fight Deepens

Woolworths Group’s 700-Store Recycling Comeback Lands as Trust Fight Deepens

Sydney—It's May 11, 2026, clock just past 4:08 AEST. Woolworths Group Ltd has brought its soft-plastics recycling bins back to more than 700 supermarkets, spanning five states around Australia, marking a return to in-store sustainability efforts since REDcycle’s 2022 collapse. So far, the new program has taken in about 40 million pieces of soft plastic—roughly 310,000 kilograms—through the collection and processing scheme.
May 10, 2026
Wesfarmers Stock Just Got Hit: Why Bunnings and Kmart Prices Are Back in Focus

Wesfarmers Stock Just Got Hit: Why Bunnings and Kmart Prices Are Back in Focus

Wesfarmers Ltd. faces renewed selling going into Monday, with shares sliding 1.95% to finish at A$72.25 on May 8—off the session high of A$73.24, according to company data from LSEG. As oil-driven volatility rattles the ASX, investors are questioning if the Bunnings and Kmart parent can push through price hikes without denting demand. The lingering cost shock isn’t going anywhere. On Sunday, Reuters said most Gulf stock markets slipped, weighed down by renewed drone strikes and shaky prospects for Iran peace negotiations—this, even after the first Qatari LNG vessel managed to transit the Strait of Hormuz since fighting broke out.
May 10, 2026
Ripple XRP ETFs Hit $1.32B in Inflows — Why the Token Still Hasn’t Caught Up

Ripple XRP ETFs Hit $1.32B in Inflows — Why the Token Still Hasn’t Caught Up

Spot XRP ETFs in the U.S. pulled in $6.04 million in net inflows on May 8, pushing total net inflows to $1.325 billion as investors continued to pile into regulated XRP products. Canary Capital’s XRPC was the sole fund to notch a net inflow during the session, bringing its historical total up to $438 million, according to ChainCatcher’s report on Bitget, citing SoSoValue data. Timing is key here. The most recent move comes right after a three-day inflow streak in May, totaling roughly $28.1 million from May 4 to May 6—sustaining interest in the XRP ETF trade, even as the token lost steam after earlier advances. Since launching in November 2025, the funds have posted positive weekly flows in about
May 10, 2026
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