Business 21 March 2026 - 29 March 2026

Wetour Robotics Stock Surges 91% Before Reverse Split, With AI Launch Next
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Wetour Robotics Stock Surges 91% Before Reverse Split, With AI Launch Next

Wetour Robotics shares closed at $1.07 Friday, up 15.1% for the day and 91% from the prior week, with trading volume surging to 496,048 shares. The company will launch its Orchestra AI wearable in Austin on May 28 and enact a 1-for-10 reverse split on June 2. Nasdaq will be closed May 25 for Memorial Day. Wetour has an active at-the-market share sale program through Chaince Securities.
May 23, 2026
Xero Limited Bets on Anthropic to Put Claude AI Inside Small-Business Finance
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Xero Limited Bets on Anthropic to Put Claude AI Inside Small-Business Finance

Xero said Thursday it will embed Anthropic’s Claude AI in its accounting platform and allow Xero data inside Claude.ai, with rollout expected in coming months. The move follows Xero’s U.S. bill payments launch after its Melio acquisition. Xero shares closed Friday at A$72.84, up 0.6%. The company has 4.6 million subscribers and reported first-half revenue of NZ$1.2 billion, up 20% year-on-year.
March 29, 2026
Suncorp Group CEO Steve Johnston Takes Medical Leave, CFO Jeremy Robson Named Acting Chief
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Suncorp Group CEO Steve Johnston Takes Medical Leave, CFO Jeremy Robson Named Acting Chief

Suncorp Group CEO Steve Johnston will take temporary medical leave, with CFO Jeremy Robson named acting CEO and Neil Wesley as acting CFO. The leadership change comes as Suncorp prepares to pay its interim dividend and follows a 67% drop in half-year cash earnings after severe weather claims. No return date was given for Johnston. Suncorp shares closed at A$16.42 on Friday, up 0.12%.
March 29, 2026
Xiaomi Stock in Focus After Fresh Buyback as Profit Slip Tests EV and AI Bets
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Xiaomi Stock in Focus After Fresh Buyback as Profit Slip Tests EV and AI Bets

Xiaomi repurchased 2.2 million shares for HK$71.4 million on March 27, days after posting its first quarterly profit drop in three years. The company’s adjusted net profit fell 23.7% in Q4 to RMB6.35 billion, though full-year profit rose 43.8%. Xiaomi’s smart EV and AI unit posted its first operating profit in 2025, with 411,082 vehicles delivered. President Lu Weibing warned handset price hikes may be unavoidable due to rising memory costs.
March 29, 2026
Co-op CEO Shirine Khoury-Haq to Step Down as Cyberattack Fallout and Costs Bite
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Co-op CEO Shirine Khoury-Haq to Step Down as Cyberattack Fallout and Costs Bite

Co-op CEO Shirine Khoury-Haq will step down March 29 after a year marked by a cyberattack and a swing to a £35 million operating loss. Board member Kate Allum will serve as interim chief as the group seeks a permanent successor. Co-op blamed the cyberattack for £285 million in lost revenue and plans to cut £200 million in annual costs in 2026. The leadership change follows reports of a “toxic” culture, which Khoury-Haq denies influenced her decision.
March 26, 2026
Anglo American Share Price Slides 5% as Chile Copper Approval Rally Fades
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Anglo American Share Price Slides 5% as Chile Copper Approval Rally Fades

Anglo American shares dropped 5.07% to 3,010p in London on Thursday, reversing Wednesday’s 3.9% rally after Chile’s regulator cleared a key copper project with Codelco. The FTSE 100 fell 1.1%, with mining peers also down. The Andina-Los Bronces plan still requires environmental permits and local consultations. Anglo’s $53 billion Teck merger awaits final approval by year-end.
March 26, 2026
Shell Stock Price Slips as Oil Falls on Iran Ceasefire Hopes, but CEO Warns Europe on Fuel Risk
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Shell Stock Price Slips as Oil Falls on Iran Ceasefire Hopes, but CEO Warns Europe on Fuel Risk

Shell shares fell 0.6% in London Wednesday as oil prices dropped on hopes for a U.S.-backed Middle East ceasefire. CEO Wael Sawan warned Europe could face energy shortages by next month. Brent crude slid about 4% to $100.32 a barrel after reports of a U.S. settlement proposal to Iran. Shell and Equinor’s Adura venture secured a $3 billion loan to develop UK North Sea assets.
March 25, 2026
AI Boom Forces Urgent Energy Expansion as Google Warns of U.S. Power Crunch, Power Stocks Gain
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AI Boom Forces Urgent Energy Expansion as Google Warns of U.S. Power Crunch, Power Stocks Gain

Google warned Monday that U.S. electricity supply is lagging behind AI-driven demand, forcing tech firms to adjust data center plans. The U.S. Energy Information Administration projects national electricity load to rise 1.9% in 2026 and 2.5% in 2027, after a record in 2025. Google expanded demand response contracts to secure up to 1 gigawatt of flexible load. SoftBank and AEP plan a 10-gigawatt AI campus and 9.2-gigawatt gas plant in Ohio.
March 23, 2026
CERAWeek 2026: Google, Nvidia and Energy CEOs Tackle AI Power Demand as Constellation, Vistra, NextEra Stocks Rise
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CERAWeek 2026: Google, Nvidia and Energy CEOs Tackle AI Power Demand as Constellation, Vistra, NextEra Stocks Rise

AI-driven data center power demand dominated CERAWeek as Google’s Ruth Porat warned the U.S. was lagging on energy, and Nvidia announced new partnerships with major utilities. The Energy Information Administration expects U.S. electricity use to hit records in 2026 and 2027, with data centers projected to reach 9% of demand by 2030. NextEra and SoftBank announced major gas-fired projects for AI campuses. Energy stocks rose during the conference.
March 23, 2026
Microsoft Stock Rises as MicroLED Breakthrough Aims to Halve AI Data Center Power Use
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Microsoft Stock Rises as MicroLED Breakthrough Aims to Halve AI Data Center Power Use

Microsoft last week unveiled a MicroLED-based optical cable design it says could cut power use for short-range AI data center links by up to 50%, targeting commercialization in late 2027. The cable, developed with MediaTek, uses imaging fiber and hundreds of data channels. Microsoft shares rose 1.2% to $386.60 Monday morning. Google expanded utility agreements for data center power curtailment, while Amazon warned of grid delays in Europe.
March 23, 2026
China’s Open-Source AI Surge Challenges U.S. Tech Dominance as Alibaba Stock Gains
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China’s Open-Source AI Surge Challenges U.S. Tech Dominance as Alibaba Stock Gains

A U.S. advisory commission warned Monday that Chinese open-source AI models now dominate usage on platforms like Hugging Face, outpacing U.S. counterparts. Alibaba launched Accio Work for small businesses, and Tencent integrated an AI agent into WeChat. Siemens’ CEO said there are “no disadvantages” to using Chinese open-source AI for industrial automation. Chinese models are now estimated to be used in about 80% of U.S. AI startups.
March 23, 2026
Tencent Expands AI Ecosystem With WeChat Integration, Launches ClawBot as China’s Agent Race Heats Up
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Tencent Expands AI Ecosystem With WeChat Integration, Launches ClawBot as China’s Agent Race Heats Up

Tencent launched ClawBot inside WeChat on Sunday, allowing users to access OpenClaw directly through the chat app. The rollout follows Tencent’s pledge to embed AI agents into WeChat’s core functions and comes as Alibaba and Baidu expand rival AI platforms. Tencent reported 1.418 billion monthly active users on Weixin and WeChat at the end of 2025. The company spent 18 billion yuan on new AI products last year.
March 23, 2026
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Stock Market Today

  • 3 ASX Shares That Doubled in 12 Months and Could Continue Rising
    May 23, 2026, 9:20 PM EDT. Three ASX-listed companies have doubled in value in the past year, driven by strong sector momentum and strategic growth moves. Electro Optic Systems Holdings (ASX: EOS), a defence tech firm, surged over 450% thanks to record contracts worth $424 million and a $726 million order book. Cobram Estate Olives Ltd (ASX: CBO) also doubled, benefiting from record harvests, surging olive oil prices, and a key acquisition in the U.S. expanding its market presence. Both companies show promising growth potential backed by robust earnings and strategic expansions. Investors are weighing whether these stocks can sustain their trajectory amid favorable market conditions and evolving global demand.