Marcin Frąckiewicz

NASA satellite crash today: Van Allen Probe A heads for Earth years earlier than expected
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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
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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
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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
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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
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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
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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
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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
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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
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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
Commonwealth Bank of Australia Says Wage Growth Held at 3.1% Ahead of RBA Rate Call
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Commonwealth Bank of Australia Says Wage Growth Held at 3.1% Ahead of RBA Rate Call

Commonwealth Bank of Australia reported internal wage growth steady at 3.1% for the year to February and about 21,000 jobs added last month. The Reserve Bank meets March 16-17, with markets pricing a 50% chance of another rate hike after February’s increase to 3.85%. Major banks have already passed on higher rates to home-loan customers. CBA’s data shows stable wages despite a tight labor market.
March 10, 2026
BHP Group Ltd Succession Spotlight Sharpens as Geraldine Slattery Emerges in Twin CEO Race
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BHP Group Ltd Succession Spotlight Sharpens as Geraldine Slattery Emerges in Twin CEO Race

BHP Australia President Geraldine Slattery is under consideration to succeed BHP CEO Mike Henry and is also a contender for the top job at Woodside Energy, according to reports from The Australian and Reuters. Woodside is interviewing candidates and plans to name a CEO in early 2026. BHP has not commented on succession. The miner’s next production update is set for April 22.
March 10, 2026
CoreWeave rolls out flexible AI cloud pricing after capex selloff rattled investors
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CoreWeave rolls out flexible AI cloud pricing after capex selloff rattled investors

CoreWeave launched Flex Reservations and Spot instances Tuesday, expanding its AI cloud offerings as it ramps up spending to $30–$35 billion in 2026. Shares rose 0.7%. The company’s revenue backlog reached $66.8 billion at the end of 2025, but management warned the rapid build-out will pressure margins. Flex Reservations is in preview; Spot is generally available.
March 10, 2026
Capital One Financial Corporation Could Get Capital Relief After Discover Deal as U.S. Basel Rewrite Nears
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Capital One Financial Corporation Could Get Capital Relief After Discover Deal as U.S. Basel Rewrite Nears

U.S. regulators plan a softer rewrite of Basel bank-capital rules, which could benefit Capital One as it absorbs Discover and awaits the Brex deal. The draft is expected in coming weeks and may lower capital requirements for large banks. Capital One completed its $35.3 billion Discover purchase in May 2025 and agreed to buy Brex for $5.15 billion. A proposed 10% cap on credit card rates remains a risk for card-heavy lenders.
March 10, 2026
Spotify Delays Some API Restrictions After Developer Backlash, Keeps Premium Rule
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Spotify Delays Some API Restrictions After Developer Backlash, Keeps Premium Rule

Spotify on Monday delayed changes to its developer API after complaints from third-party app makers, but kept new restrictions including a Premium subscription requirement, five-user cap, and single client ID per developer. Some developers say the limits have already forced them to shut down public access to their apps, citing unclear upgrade paths and stricter rate limits. Spotify cited security and automation risks for the overhaul.
March 10, 2026
Australia Fuel Prices Spike as ACCC Checks Gouging and Reserve Claims Unravel
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Australia Fuel Prices Spike as ACCC Checks Gouging and Reserve Claims Unravel

Diesel prices in parts of Australia have surged past A$2.50 a litre, with some stations near Dubbo hitting 259.9 cents, as Middle East tensions disrupt supply. The ACCC is investigating pricing and supply practices, warning fuel companies against misleading explanations. United Petroleum has begun rationing deliveries, and some wholesalers are restricting sales. Energy Minister Chris Bowen said Australia has 34 days of diesel in reserve.
March 10, 2026
Qualcomm’s New Wayve Deal Puts Self-Driving AI at the Center of Its Auto Push
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Qualcomm’s New Wayve Deal Puts Self-Driving AI at the Center of Its Auto Push

Qualcomm announced a partnership with UK startup Wayve to combine Wayve’s AI Driver software with Snapdragon Ride chips for advanced driver-assistance and automated driving systems. Qualcomm shares fell 1.9% to $135.54 Tuesday after the company warned last month that a global memory shortage was hitting phone demand. Wayve recently raised $1.5 billion at an $8.6 billion valuation. The joint platform is drawing automaker interest.
March 10, 2026
Occidental Petroleum Debt Tender Advances as OXY Stock Slides With Oil
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Occidental Petroleum Debt Tender Advances as OXY Stock Slides With Oil

Occidental Petroleum’s $1.2 billion debt tender offer took effect after bond-term changes, with $843.3 million of 2031 notes and $335.2 million of 2030 notes accepted. OXY shares fell 3.5% to $53.08 Tuesday. The company aims to cut principal debt to $14.3 billion in 2026, down from $20.63 billion at year-end. Oil stocks broadly declined as Brent crude dropped 12.6% to $86.50 a barrel.
March 10, 2026
RTX Corporation’s Pratt & Whitney Wins Leidos AGM-190A Engine Contract as U.S. Pushes Missile Output
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RTX Corporation’s Pratt & Whitney Wins Leidos AGM-190A Engine Contract as U.S. Pushes Missile Output

Pratt & Whitney secured a new contract from Leidos Dynetics to supply TJ150 engines for the AGM-190A small cruise missile, with no financial terms disclosed. The deal follows a Pentagon push for higher weapons output after recent operations and comes as Leidos’ missile received its official U.S. Air Force designation. RTX and other defense contractors are increasing factory investment and scaling missile production.
March 10, 2026
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