Business 13 May 2026 - 14 May 2026

LegalZoom Drops Ahead of Shareholder Meeting as AI Fight Hangs Over Stock
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LegalZoom Drops Ahead of Shareholder Meeting as AI Fight Hangs Over Stock

LegalZoom.com traded lower in premarket Wednesday, with the stock near $6.53 as investors prepared for the company’s annual meeting. Shares have had trouble translating stronger sales into better numbers on the bottom line. The latest price was off 14.5 cents from Tuesday’s close, giving LegalZoom a market cap near $1.16 billion. The timing sets the scene. U.S. markets are open as usual, and Nasdaq’s 2026 holiday list shows the next full day off is Juneteenth, June 19. LegalZoom’s shareholder meeting is scheduled for later in the day, not on a weekend or holiday.
June 3, 2026
RELX Stock Rebounds as AI Pressure Puts Its Risk Data Moat on Trial
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RELX Stock Rebounds as AI Pressure Puts Its Risk Data Moat on Trial

Shares of RELX PLC bounced Thursday, with investors reacting to the company’s latest push: management touting the Risk division’s edge from its own data, AI, and automated decision tools—key weapons, they argue, for staying competitive in fraud, identity, and compliance. The stock, listed in London, climbed 2.25% to 2,385.50 pence as of 12:10 BST, according to a Cboe Europe estimate. That recouped a fraction of Wednesday’s 4.97% slide, when shares closed at 2,333 pence. Still, shares remain down 20.79% for the year, per MarketScreener data.
May 14, 2026
Reckitt Benckiser’s AI Investor Day Has a Catch: No New Trading Update
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Reckitt Benckiser’s AI Investor Day Has a Catch: No New Trading Update

Reckitt Benckiser Group plc plans to outline its approach to digital science and generative AI in research and development this Thursday during an investor seminar. The company behind Dettol, Durex, Lysol and Nurofen isn’t unveiling any fresh financial or trading details, but said its “Reckitt Focus On: Digital Science” event kicks off at 15:00 BST and will be streamed. The timing is what sets this session apart. In its April trading update, Reckitt posted a 0.6% rise in group like-for-like net revenue for the first quarter. Core Reckitt climbed 1.3%. Europe, though, fell 4.2%, while emerging markets jumped 7.6%. Like-for-like revenue takes out currency shifts and changes to the portfolio, aiming for a clearer picture of actual sales.
May 14, 2026
Intertek’s £9.4bn EQT Takeover Is Back in Play After Board U-Turn
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Intertek’s £9.4bn EQT Takeover Is Back in Play After Board U-Turn

Intertek Group plc edged toward a potential sale to Sweden’s EQT after the board indicated it would likely back a £60-per-share cash offer—this comes after three prior rejections. EQT is now set to start confirmatory due diligence, those last reviews before any binding agreement is inked. What’s at stake? The latest proposal puts the London-listed product testing giant at roughly £9.4 billion, or $12.7 billion. That would make this Britain’s third-biggest private equity deal ever, trailing only BAA in 2006 and Alliance Boots in 2007, according to LSEG data cited by Reuters.
May 14, 2026
Unilever’s $45 Billion McCormick Deal Faces Fresh Investor Heat After Terry Smith Exit
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Unilever’s $45 Billion McCormick Deal Faces Fresh Investor Heat After Terry Smith Exit

Unilever PLC’s board secured wide support from shareholders at its annual meeting, yet debate flared up again over the proposed merger of its food unit with McCormick & Co. The issue gained steam after veteran fund manager Terry Smith exited his stake in the maker of Dove and Vaseline. Shareholders gave the green light to all 21 resolutions put forward at the annual general meeting on May 13, according to a regulatory filing. Among the directors re-elected: Chief Executive Fernando Fernandez and activist investor Nelson Peltz, who secured backing from 98.35% of voting shareholders. Roughly 73% of eligible share capital participated in most of the votes.
May 14, 2026
Legal & General Shares Jump As CEO Rules Out Sale: L&G Takeover Talk Explained
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Legal & General Shares Jump As CEO Rules Out Sale: L&G Takeover Talk Explained

Legal & General shares popped nearly 5% Thursday after CEO António Simões told reporters the FTSE 100 insurer and asset manager isn’t planning a sale or break-up. That left the stock eyeing its sharpest single-day gain since December 2024, though L&G is still down a bit on the year. Timing counts here. L&G is still working to convince investors that Simões’ go-it-alone strategy can revive returns, following a sluggish share price and a harsh market reaction to the March numbers. The Financial Times revealed North American private capital names like Apollo and Brookfield have been weighing their options with the company; Simões told the FT there are “no discussions” and insisted he was “100 per cent focused” on his plan.
May 14, 2026
Northern Star Resources Cyber Outage Delays Payments as KCGM Expansion Nears Key Stage
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Northern Star Resources Cyber Outage Delays Payments as KCGM Expansion Nears Key Stage

Northern Star Resources Ltd reported that a portion of its enterprise resource planning system is still down following a cyber incident involving an undisclosed service provider. The Australian gold producer said it’s had to switch to manual procurement for now and has told suppliers not to expect payments to go through before May 21. According to the company, data backups are safe, restoration efforts are ongoing, and there’s no sign that supplier data held by Northern Star was breached. Its Pogo site in the U.S. wasn't impacted. Timing is crucial here. An enterprise resource planning system—ERP for short—handles back-office operations like purchasing, ordering, and invoicing. Northern Star happens to be deep into execution mode at its Kalgoorlie operations, with the
May 14, 2026
Coles Group Discount Verdict Today: ‘Down Down’ Case Could Redraw Grocery Pricing
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Coles Group Discount Verdict Today: ‘Down Down’ Case Could Redraw Grocery Pricing

Justice Michael O’Bryan is expected to hand down his decision this morning on whether Coles Group Ltd’s supermarket division misrepresented its “Down Down” price deals—a ruling poised to test the advertising tactics used by Australia’s largest grocers. Proceedings kick off at 9:30 a.m. AEST, according to ABC News. The ruling carries weight right now, with grocery prices still a hot-button issue both politically and for shoppers. It could end up influencing how supermarkets advertise their discounts, whether you’re in the aisles or browsing online. The Australian Competition and Consumer Commission, or ACCC, is after declarations, penalties, costs and more under Australian Consumer Law—the legislation that prohibits false or misleading pricing claims.
May 14, 2026
WiseTech Shares Hit Again as DSV CargoWise Exit Tests AI Growth Story
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WiseTech Shares Hit Again as DSV CargoWise Exit Tests AI Growth Story

WiseTech Global shares slid for a second day running as DSV, among the world’s biggest freight forwarders, said it’s moving off WiseTech’s CargoWise platform, opting instead for its own Tango and Star systems. Shares ended Wednesday at A$38.53, down 3.2%, following Tuesday’s 5.9% drop, according to exchange data from StockAnalysis. In just two sessions, the logistics software company has tumbled roughly 8.9%.
May 13, 2026
Why CAR Group’s Shareholder Shake-Up Is Suddenly in Focus
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Why CAR Group’s Shareholder Shake-Up Is Suddenly in Focus

Melbourne — It’s May 14, 2026, 07:07 AEST. CAR Group Limited reported that First Sentier Group Limited, along with related entities connected to Mitsubishi UFJ Financial Group, are no longer substantial shareholders in the online vehicle marketplace operator. The update injects another twist into what’s already been an active week for the company’s share register. Details on the number of shares offloaded or the value of the transaction weren’t included in the disclosure.
May 13, 2026
Goodman Group Shares Rise as Data Centre Bet Faces Its Next Test
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Goodman Group Shares Rise as Data Centre Bet Faces Its Next Test

Shares of Goodman Group popped higher in Sydney late Wednesday, as investors circled back to the company’s move away from warehouses toward data centres ahead of its trading update due later this month. At 16:41 AEST on May 13, the stock traded at A$31.30, marking a gain of A$0.43, or 1.39%. Over the past week, shares rose 5.14%, according to market data. The timing’s key. Goodman’s investor calendar puts a Q3 FY26 operational update on May 26, offering a close-up soon on whether the company is actually converting its limited supply of powered land—those hard-to-find sites with locked-in electricity for data centers—into leased, funded projects.
May 13, 2026
CSL Limited’s $5 Billion Write-Down Leaves One Big Question: Is the Turnaround Still Alive?
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CSL Limited’s $5 Billion Write-Down Leaves One Big Question: Is the Turnaround Still Alive?

CSL Limited managed to halt its slide Wednesday, clawing back some ground after a steep drop. The company rattled investors this week with news of roughly US$5 billion in new non-cash impairments and a lowered fiscal 2026 forecast, sharply altering sentiment around the Australian biotech. Shares finished the day at A$98.79, inching up 0.24%, though the price remains a bruising 58.8% lower over the past year, according to market data. It’s not just a single disappointing trading update at this point. CSL — long seen by Australian investors as a reliable healthcare name — is scrambling to shore up trust, but there’s still no permanent CEO in place. The overhang from the Vifor acquisition back in 2022 continues to drag
May 13, 2026
BHP Group Stock Jumps as Incoming CEO Signals Copper Deal Push
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BHP Group Stock Jumps as Incoming CEO Signals Copper Deal Push

Brandon Craig, who’s set to take over as BHP Group Ltd’s chief executive, isn’t ruling out smaller deals or new partnerships. The world’s biggest listed miner is once again positioning copper as a core pillar of its growth strategy, with an eye on opportunities beyond 2035. Copper’s brushing up against all-time highs as Craig steps in on July 1 — timing that matters, with big miners feeling the squeeze to lock down supply. BHP said Craig’s priorities: more exploration, teaming up with industry rivals, and chasing bolt-on acquisitions. Those are the targeted deals that build on what the company’s got, not sweeping overhauls.
May 13, 2026
Marks & Spencer Starts £340 Million Warehouse Build as M&S Races to Win the Weekly Shop
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Marks & Spencer Starts £340 Million Warehouse Build as M&S Races to Win the Weekly Shop

Marks & Spencer Group has broken ground on a new £340 million automated food distribution centre in Northamptonshire—the retailer’s biggest supply-chain spend to date—as it aims to grab a larger share of the weekly grocery market. This comes just ahead of M&S’s full-year results on May 20. Investors are eyeing whether gains in food and recent logistics outlays will balance out sluggish progress in fashion and online—a segment still feeling the effects of last year’s cyber incident.
May 13, 2026
Sage Group Shares Slide Before Results as AI Tax Bet Faces First Test
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Sage Group Shares Slide Before Results as AI Tax Bet Faces First Test

Sage Group plc slipped 3.55% to 847.6p in London trading on Wednesday, trailing the FTSE 100’s gains. The accounting-software company just rolled out a new, wider AI offering for UK tax, but investors are now waiting to see if next week’s half-year numbers will back up management’s AI ambitions with solid growth. Timing is key here. The update arrives just a few weeks after the launch of the UK’s Making Tax Digital for Income Tax rules, which now require many sole traders and landlords to maintain digital records and submit quarterly reports to HMRC using approved software.
May 13, 2026
Tesco Court Loss Puts £4bn Equal-Pay Fight Back in Focus as £750m Buyback Rolls On
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Tesco Court Loss Puts £4bn Equal-Pay Fight Back in Focus as £750m Buyback Rolls On

Tesco came away mostly empty-handed from its Court of Appeal challenge over tribunal methods for calculating job value in its ongoing equal-pay dispute, leaving a hefty legal shadow as the supermarket giant continues with its £750 million buyback. Tuesday’s ruling focused on whether Tesco’s own training materials could stand as crucial evidence for the demands placed on shop-floor versus distribution workers. Timing is at play here. The case gets renewed attention now, as the ruling lets the tribunal sidestep a full redo of a critical phase that’s been in motion since 2018. The court, however, made clear that a final verdict on the claims remains “a long way off.” Here, equal value boils down to whether distinct roles place similar
May 13, 2026
Haleon PLC Shares Slip as Sensodyne Maker’s £500 Million Buyback Gathers Pace
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Haleon PLC Shares Slip as Sensodyne Maker’s £500 Million Buyback Gathers Pace

Haleon PLC stock slipped Wednesday after a fresh regulatory filing revealed the Sensodyne owner had snapped up 10,205,329 ordinary shares for cancellation as part of its 2026 buyback program. Those shares were purchased between May 5 and May 8 across the London Stock Exchange, Cboe UK, and Aquis. Once settled, the company will have 8.868 billion ordinary shares with voting rights outstanding. This buyback’s carrying some weight: it’s propping up returns as investors hold out for evidence of faster sales growth. Hargreaves Lansdown’s delayed figures had Haleon off 1.16%, quoted at 331.00p to sell, 331.20p to buy. The FTSE 100, meanwhile, was showing a 0.49% gain.
May 13, 2026
Diageo plc’s €700 Million Guinness Bet Opens in Ireland as U.S. Spirits Slump Bites
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Diageo plc’s €700 Million Guinness Bet Opens in Ireland as U.S. Spirits Slump Bites

KILDARE, Ireland, May 13, 2026, 16:02 Diageo plc has cut the ribbon on a nearly €300 million brewery in Newbridge, Co. Kildare, with another investment—about €400 million—already lined up for the same site. The company is putting its chips on Guinness and the zero-alcohol Guinness 0.0, even as its U.S. spirits arm faces ongoing challenges. Diageo says the next phase, Brewery 2, will more than double the site's current capacity, with construction kicking off in 2026.
May 13, 2026
Reckitt Buyback Grows as Shares Skid Near a One-Year Low
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Reckitt Buyback Grows as Shares Skid Near a One-Year Low

Reckitt Benckiser Group plc snapped up 208,000 of its own shares, sticking with its capital-return strategy as the shares hover close to a one-year low, according to a regulatory filing published Wednesday. The Dettol, Durex and Mucinex owner bought the stock from Deutsche Bank AG, London Branch, paying between 4,534 pence and 4,581 pence per share. The repurchased shares go into treasury, so they'll stay on Reckitt’s books instead of moving to outside holders. Timing’s key here. Reckitt’s buyback stands out as a rare source of support for shareholders, especially after a shaky first quarter soured sentiment on the consumer-health group’s 2026 goals.
May 13, 2026
GSK’s China Hepatitis B Deal Puts £2 Billion Bepirovirsen Bet in Focus
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GSK’s China Hepatitis B Deal Puts £2 Billion Bepirovirsen Bet in Focus

GSK plc is pushing for wider access to bepirovirsen in China, locking in an exclusive deal with Chia Tai Tianqing Pharmaceutical, part of Sino Biopharmaceutical. With this move, the British pharma giant aims to turn its late-stage hepatitis B candidate into a serious growth engine. CTTQ is set to manage import, distribution, hospital access, and promotion across mainland China. GSK, for its part, keeps a grip on regulatory and medical strategy. Timing’s key here. Bepirovirsen is on the investor radar as GSK pushes to move past its traditional vaccine and HIV drug business, aiming to top £40 billion in yearly sales by 2031—a goal it stuck with after posting £7.6 billion for the first quarter. Last month, Chief Executive Luke
May 13, 2026
IAG Stock Slips Again: Why British Airways Owner’s Bond Buyback Isn’t the Whole Story
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IAG Stock Slips Again: Why British Airways Owner’s Bond Buyback Isn’t the Whole Story

Shares of International Consolidated Airlines Group SA slipped in London on Wednesday, with investors digesting the British Airways parent’s aggressive repurchase of a 2028 convertible bond while factoring in a fuel price hit to its 2026 forecast. The stock traded 1.46% lower at 391.70 pence in delayed midday action. Timing is everything here. IAG wants to keep its balance sheet looking sharp and keep those shareholder payouts coming, but a spike in jet fuel prices is pushing the group to cut back on profit targets, capacity, and free cash flow guidance.
May 13, 2026
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