Business 10 March 2026 - 19 March 2026

Woodside Energy Share Price Near Flat as New CEO Liz Westcott Flags Louisiana LNG Priority

Woodside Energy Share Price Near Flat as New CEO Liz Westcott Flags Louisiana LNG Priority

Woodside Energy shares closed up 0.06% in Australia after new CEO Liz Westcott named the $17.5 billion Louisiana LNG project a top priority. U.S.-listed shares rose to $22.85, up about 1%. Westcott’s appointment follows a deal to export more LNG from Pluto in exchange for extra domestic gas. February results showed record 2025 production and $2.7 billion net profit.
March 19, 2026
IAG Share Price Rises Despite Fresh Middle East Flight Suspensions

IAG Share Price Rises Despite Fresh Middle East Flight Suspensions

IAG shares rose 0.7% to 357.4 pence Wednesday, despite its cargo unit extending suspensions of London flights to several Middle East cities through at least May 31. The stock remains 23% below its Feb. 27 high after the Iran conflict triggered about 30,000 flight cancellations. Jet fuel prices have doubled since late February, with Brent crude up 4.7% to $108.32 a barrel Wednesday afternoon.
March 18, 2026
Elon Musk, SEC Enter Twitter Lawsuit Settlement Talks as Shareholder Jury Deliberates

Elon Musk, SEC Enter Twitter Lawsuit Settlement Talks as Shareholder Jury Deliberates

Elon Musk and the SEC are negotiating a settlement over his delayed disclosure of Twitter share purchases, according to a court filing Tuesday. The talks emerged as a San Francisco jury began deliberating a separate shareholder lawsuit over Musk’s statements about fake accounts during his $44 billion Twitter takeover. Both sides asked a judge to move a key deadline to April 1. The SEC seeks a civil fine and $150 million it says Musk saved.
March 18, 2026
BT Group plc stock price climbs after Ofcom extends Openreach rules and widens price cap

BT Group plc stock price climbs after Ofcom extends Openreach rules and widens price cap

BT Group shares climbed 2.5% to 220 pence after Ofcom set new five-year rules for Openreach and expanded a wholesale price cap. Ofcom said full-fibre broadband now reaches 78% of UK homes, with a cap on prices for speeds up to 80 Mbit/s. BT shares are up nearly 37% over the past year. Openreach will review the changes, while rivals urged continued oversight.
March 17, 2026
Nvidia Sees $1 Trillion AI Chip Opportunity by 2027 as Huang Details Vera Rubin at GTC

Nvidia Sees $1 Trillion AI Chip Opportunity by 2027 as Huang Details Vera Rubin at GTC

Nvidia CEO Jensen Huang forecast at least $1 trillion in AI chip revenue through 2027 during the company’s annual developer conference in San Jose. The projection doubles Nvidia’s previous estimate for 2026 and is tied to demand for Blackwell systems and the Vera Rubin lineup. Huang said the next growth phase will come from inference and AI agents. Nvidia shares rose about 1.4% after the announcement.
March 16, 2026
Sunbelt Rentals Stock Falls as Q3 Margin Squeeze Clouds 2026 Outlook

Sunbelt Rentals Stock Falls as Q3 Margin Squeeze Clouds 2026 Outlook

Sunbelt Rentals shares dropped about 2% after the company reported lower third-quarter profit and slimmer margins, despite raising its full-year rental revenue outlook. Net income fell to $290 million on revenue of $2.637 billion, both missing analyst estimates. Adjusted EBITDA margin narrowed to 41.0% from 43.5%. Sunbelt cited higher repair costs and softer local commercial construction.
March 12, 2026
Nigeria Freeze on Petrol Imports Leaves Dangote With 92% of Supply, Fueling Monopoly Fears

Nigeria Freeze on Petrol Imports Leaves Dangote With 92% of Supply, Fueling Monopoly Fears

Nigeria’s fuel regulator issued no new petrol import licences in February or March, citing adequate local supply as Dangote refinery provided 92% of fresh petrol in February, or 36.5 million litres daily. National consumption averaged 56.9 million litres a day that month, with Port Harcourt and Kaduna refineries still shut. NNPC cut pump prices in Lagos and Abuja after Dangote lowered its refinery gate price.
March 12, 2026
LSEG Stock Price Rises 3% After Annual Report Shows CEO Pay Fell to £6.4 Million

LSEG Stock Price Rises 3% After Annual Report Shows CEO Pay Fell to £6.4 Million

London Stock Exchange Group shares rose 3% Thursday after its annual report set CEO David Schwimmer’s 2025 pay at £6.4 million, down from £7.86 million in 2024. The stock traded at 8,676 pence, outperforming a falling FTSE 100. LSEG reported 2025 adjusted EBITDA up 11.8% and announced £3 billion in new buybacks by 2027. The stock remains down 22.6% over the past year, lagging major exchange peers.
March 12, 2026
Diageo Share Price Slides Toward 52-Week Low as Red Soul Launch Puts Turnaround in Focus

Diageo Share Price Slides Toward 52-Week Low as Red Soul Launch Puts Turnaround in Focus

Diageo shares fell 3.8% in London on Thursday, hitting a 52-week low at 1,433 pence. The drop follows weak half-year results, a dividend cut, and a $21.7 billion net debt load. On Wednesday, Diageo launched Johnnie Walker Red Soul, a sweeter, lower-priced Scotch targeting new drinkers. CEO Dave Lewis has promised a broader overhaul after slashing the 2026 sales outlook.
March 12, 2026
International Consolidated Airlines Group SA stock falls as oil tops $100; IAG fuel hedges face fresh test

International Consolidated Airlines Group SA stock falls as oil tops $100; IAG fuel hedges face fresh test

IAG shares dropped 3.23% to 362 pence in London on Thursday as oil prices rose above $100 a barrel, raising concerns over airline fuel costs. The company said it remains well hedged and has no immediate plans to raise fares. British Airways ended winter flights to Abu Dhabi early, citing uncertainty. Package holiday group On the Beach suspended its profit forecast after a slowdown in Mediterranean bookings.
March 12, 2026
CSL Limited Breaks Ground on $1.5 Billion Illinois Plant as Turnaround Pressure Builds

CSL Limited Breaks Ground on $1.5 Billion Illinois Plant as Turnaround Pressure Builds

CSL Limited has begun a $1.5 billion expansion of its Kankakee, Illinois, manufacturing site, aiming to add at least 300 jobs and boost plasma-derived therapy output by 2031. The move follows an 81% drop in first-half profit and recent leadership changes. CSL also repurchased 62,472 shares for about A$9.1 million on March 10. Shares closed at A$144.56 Tuesday, up 1.65% but near a 52-week low.
March 11, 2026
Suncorp Pushes Ahead With Buyback After Storm-Hit Half, Sets A$14.32 DRP Price

Suncorp Pushes Ahead With Buyback After Storm-Hit Half, Sets A$14.32 DRP Price

Suncorp Group bought back 1.19 million shares for A$17.17 million on Tuesday and set its interim dividend reinvestment price at A$14.32 per share. The insurer has now spent about A$223.9 million on buybacks, with A$176.1 million left to reach its A$400 million target for fiscal 2026. First-half cash earnings fell 67% after severe weather pushed natural-hazard costs to A$1.319 billion.
March 11, 2026
Pro Medicus Ltd locks in A$40 million U.S. renewals as MedStar adds heart-imaging tools

Pro Medicus Ltd locks in A$40 million U.S. renewals as MedStar adds heart-imaging tools

Pro Medicus’ U.S. unit renewed two imaging software contracts totaling at least A$40 million, including a five-year, A$31 million extension with MedStar Health that adds heart-imaging tools, and a separate A$9 million deal with Zwanger-Pesiri. Both contracts were signed at higher per-transaction fees and expand the company’s presence in the U.S. market.
March 11, 2026
Wesfarmers Limited’s Bunnings Expands Auto Range With 500 New Products in Fresh Growth Push

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
National Australia Bank Survey Shows Australian Business Confidence Turns Negative After RBA Hike

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
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Stock Market Today

  • Borough Green-Ashford Rail Line Closes for 9-Day Upgrade Work
    May 23, 2026, 5:20 AM EDT. The rail line between Borough Green & Wrotham and Ashford International via Maidstone East in Kent closes for nine days to allow Network Rail to complete upgrades for long-term reliability. Work includes drainage improvements, track replacement, and level crossing updates. During the closure, replacement bus services operate, with altered routes to minimize disruption. Southeastern Railway highlighted the line's vulnerability due to 150-year-old rock cuttings causing weather-related delays. The closure takes place over the May school holidays to reduce passenger impact and aims to decrease future weekend closures. Additional services between London and Maidstone East are planned from the December timetable change, improving connectivity for commuters.