News 29 March 2026 - 30 March 2026

Worksport Stock Gets Patent News — Why WKSP Is Still Fighting for Lift

Worksport Stock Gets Patent News — Why WKSP Is Still Fighting for Lift

Worksport Ltd. shares rose about 1% Wednesday after its Terravis Energy unit received a U.S. patent for a heat-pump system designed to reduce frost buildup. The move follows a 15.7% drop in the stock Tuesday. First-quarter net sales climbed 47.9% to $3.31 million, but cash reserves fell to $566,000. Management does not expect revenue from the new technology in 2026.
May 27, 2026
GSK plc wins China approval for Exdensur as hepatitis B drug bepirovirsen enters review

GSK plc wins China approval for Exdensur as hepatitis B drug bepirovirsen enters review

China approved GSK’s asthma drug Exdensur for patients 12 and older and accepted its hepatitis B candidate bepirovirsen for regulatory review, the company said Monday. Exdensur’s approval followed trials showing it reduced annual asthma attacks by up to 58% versus placebo. The drug will compete with Dupixent and Xolair. Bepirovirsen targets chronic hepatitis B, where current treatments rarely clear the virus.
March 30, 2026
Unilever PLC Food Business Talks With McCormick Enter Critical Week Ahead of Earnings

Unilever PLC Food Business Talks With McCormick Enter Critical Week Ahead of Earnings

Unilever shares opened at 4,500 pence in London as talks continue with McCormick over a possible Foods unit deal that could leave Unilever shareholders with a majority stake. The business, which includes Knorr and Hellmann’s, generated about €2.9 billion in operating profit last year. Barclays values the Foods arm at up to €31 billion including debt. McCormick will report first-quarter results March 31.
March 30, 2026
Oil Prices Surge as Iran War Widens, Asian Stocks Slide and UK Weighs Emergency Measures

Oil Prices Surge as Iran War Widens, Asian Stocks Slide and UK Weighs Emergency Measures

Brent crude headed for its biggest monthly rise since 1988 after Houthi attacks on Israel and Trump’s remarks on seizing Iranian oil rattled markets. German inflation rose to 2.8% in March, and UK petrol hit 152 pence a litre. Japan’s Nikkei fell 2.8%, while London’s FTSE 100 gained 0.6%. EU energy ministers plan emergency talks Tuesday as Shell warned of possible refined fuel shortages in April.
March 30, 2026
Barclays PLC Cancels 21.3 Million Shares Ahead of FCA Motor Finance Decision

Barclays PLC Cancels 21.3 Million Shares Ahead of FCA Motor Finance Decision

Barclays bought back 21.3 million shares last week, extending its £1 billion repurchase plan ahead of a key UK motor finance compensation ruling. The Financial Conduct Authority warned consumers not to use claims firms, which could take up to 30% of payouts. Barclays’ share capital will fall to 13.7 billion after cancellation. The bank faces uncertainty over potential compensation costs tied to motor finance commissions.
March 30, 2026
Lloyds Faces Fresh Car Finance Pressure as FCA Opens Taskforce Ahead of Payout Ruling

Lloyds Faces Fresh Car Finance Pressure as FCA Opens Taskforce Ahead of Payout Ruling

UK regulators launched a taskforce Monday to target motor finance claims firms as Lloyds Banking Group faces a £66 million lawsuit from over 30,000 borrowers alleging mis-sold car loans. The Financial Conduct Authority is set to announce final compensation rules later today. Lloyds has set aside £1.95 billion for the scandal, but actual costs may change. Other banks, including Santander and Barclays, are also exposed.
March 30, 2026
Anglo American plc Shares Open Higher in London as Miners Rally; Gemco and Teck Stay in Focus

Anglo American plc Shares Open Higher in London as Miners Rally; Gemco and Teck Stay in Focus

Anglo American shares opened 0.5% higher at 3,076 pence in London on Monday, topping Friday’s close. The move came as miners rose after Rio Tinto resumed Pilbara iron ore operations post-cyclone, though Anglo’s Gemco manganese mine remains shut. Anglo is preparing to delist from the Swiss exchange ahead of its Teck merger. The company cut 2026 copper guidance in February and posted a $3.7 billion annual loss.
March 30, 2026
Rolls-Royce Holdings buys back 2.25 million shares as oil shock clouds airline outlook

Rolls-Royce Holdings buys back 2.25 million shares as oil shock clouds airline outlook

Rolls-Royce Holdings bought back 2.25 million shares for cancellation on March 27 as part of its £2.3 billion 2026 programme, bringing total repurchases to 26.1 million shares. The latest shares were acquired at average prices just over 1,118 pence. Shares closed Friday nearly 22% below their February peak amid rising oil prices and airline sector concerns. Rolls-Royce maintains its 2026 flying hour and profit forecasts.
March 30, 2026
BP PLC Faces Crucial Week as Oil Rally Boosts Outlook Before Meg O’Neill Takes Charge

BP PLC Faces Crucial Week as Oil Rally Boosts Outlook Before Meg O’Neill Takes Charge

BP prepares for Meg O’Neill to take over as CEO on April 1, with Brent crude above $115 a barrel and set for its largest monthly gain since 1988. BP recently announced the sale of its Gelsenkirchen refinery, raised its cost-cutting target, and pushed divestments past $11 billion. O’Neill also faces pressure from investors demanding a climate resolution by April 1. BP’s Middle East operations account for about 22% of its 2025 output.
March 30, 2026
Rio Tinto plc Restarts Pilbara Ports After Cyclone Narelle, Holds 2026 Iron Ore Guidance

Rio Tinto plc Restarts Pilbara Ports After Cyclone Narelle, Holds 2026 Iron Ore Guidance

Rio Tinto resumed ship loading at three of four Pilbara iron ore terminals after Cyclone Narelle, with Cape Lambert A still under repair. The company kept its 2026 shipment guidance unchanged at 323–338 million tonnes despite an estimated 8 million-tonne cyclone impact. London shares rose 3.5%, lifting the FTSE 100. Port closures began March 24; loading restarted March 28.
March 30, 2026
HSBC Holdings Plc CEO Doubles Down on AI Overhaul as Cost-Cut Drive Sharpens

HSBC Holdings Plc CEO Doubles Down on AI Overhaul as Cost-Cut Drive Sharpens

HSBC named David Rice as its first chief AI officer, effective April 1, as CEO Georges Elhedery pushes an AI-led overhaul. The bank may cut up to 20,000 jobs, mostly in non-client roles, according to Bloomberg. HSBC reported a 7% drop in 2025 pretax profit to $29.9 billion but raised its profitability target. The lender also issued $130 million in senior unsecured notes due 2036.
March 30, 2026
Shell Plc shares climb as Brent heads for record month and Europe braces for fuel crunch

Shell Plc shares climb as Brent heads for record month and Europe braces for fuel crunch

Shell shares rose 1.3% in London as Brent crude jumped 59% in March, driving up profit estimates ahead of Shell’s April 8 quarterly update. Three analysts raised first-quarter net profit forecasts by an average 15%. Shell warned of possible European fuel shortages by April, with EU ministers set to meet Tuesday. Repairs at Shell’s Pearl plant in Qatar will take about a year after recent attacks.
March 30, 2026
Glencore Copper Smelter Rescue Takes Shape as Canada, Quebec Move to Avert Shutdown

Glencore Copper Smelter Rescue Takes Shape as Canada, Quebec Move to Avert Shutdown

Canada may provide about C$150 million to keep Glencore’s Horne copper smelter open as Quebec considers delaying stricter arsenic limits to 2029, sources told Bloomberg. The site accounts for 16% of regional smelting capacity and supports 3,200 jobs. Glencore froze spending in February, citing regulatory uncertainty. The plant faces a class action over emissions and stricter provincial air standards.
March 30, 2026
Millions Await UK Car Finance Compensation Rules as FCA Weighs £11 Billion Redress

Millions Await UK Car Finance Compensation Rules as FCA Weighs £11 Billion Redress

Britain’s Financial Conduct Authority will announce after markets close Monday how millions of motorists can claim compensation for mis-sold car loans, with payouts possibly totaling £8.2 billion. The scheme could cover about 14 million agreements from 2007 to 2024, with average compensation of £700 per deal. Lenders including Lloyds and Santander have already set aside large provisions. The FCA’s pause on most complaints ends May 31, 2026.
March 30, 2026
UK & AU Stock Market Today: Live Updates 30.03.2026

UK & AU Stock Market Today: Live Updates 30.03.2026

LIVEMarkets rolling coverageStarted: March 30, 2026, 12:00 AM EDTUpdated: March 30, 2026, 11:57 PM EDT Bounty Oil & Gas Proposes Multi-Step Recapitalisation Plan Including $4 Million Raise March 30, 2026, 11:57 PM EDT. Bounty Oil & Gas N.L. (ASX:BUY) announced a multi-step recapitalisation plan featuring convertible notes issuance and a $4 million placement. The plan aims to tackle working capital needs and reduce short-term liabilities by converting $200,000 of debt into equity, with a 30-for-1 consolidation of securities. Convertible notes worth AUD 39,000 and loan notes totaling AUD 260,000 form part of the restructuring. Shareholder approval is required at a
March 30, 2026
Coles Group Dividend 2026: 41c Payout Due as Woolworths Price Fight Tests Growth

Coles Group Dividend 2026: 41c Payout Due as Woolworths Price Fight Tests Growth

Coles will pay a fully franked interim dividend of 41 Australian cents a share on March 30. First-half group sales rose 2.5% to A$23.6 billion, but reported profit dropped 11.3% to A$511 million after A$235 million in significant items tied to a Federal Court judgment. Supermarket EBIT climbed 14.6%, while liquor earnings fell sharply. Woolworths reported stronger profit and raised its dividend to 45 cents.
March 29, 2026
Mineral Resources Limited Faces Fresh Onslow Iron Risk as Ashburton Port Stays Shut After Cyclone

Mineral Resources Limited Faces Fresh Onslow Iron Risk as Ashburton Port Stays Shut After Cyclone

The Port of Ashburton remains closed after ex-Tropical Cyclone Narelle, disrupting Mineral Resources’ Onslow Iron exports, while Dampier reopened March 28. Pilbara Ports has not given a reopening time and says engineering checks will continue into next week. Onslow Iron shipped 17.3 million tonnes in the first half, helping MinRes cut net debt to A$4.9 billion by Dec. 31. Sea conditions are still limiting inspections at Ashburton.
March 29, 2026
Whitehaven Coal Limited shares rise even after CEO, chairman sell stock

Whitehaven Coal Limited shares rise even after CEO, chairman sell stock

Whitehaven Coal shares jumped 4.9% to A$9.23 on March 27, despite CEO Paul Flynn and Chairman Mark Vaile selling a combined A$10.1 million in stock this month. The company faces an April cash outflow for its Daunia and Blackwater mine purchase and is seeking to refinance a US$1.1 billion facility. Dimensional Entities disclosed a 5% stake. First-half revenue fell 28% to A$2.48 billion; EBITDA dropped 54% to A$446 million.
March 29, 2026
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Stock Market Today

  • UK Heatwave Pushes Prices Higher for Hot Tubs and Air Conditioners
    May 27, 2026, 11:12 AM EDT. The UK heatwave has led to significant price increases for seasonal cooling products, with the cost of an inflatable hot tub nearly doubling in a week, and air conditioning units up around 17% since April, driven by supply-demand pressures, shipping, and raw material costs. For example, the Bestway inflatable hot tub Lay-Z-Spa Cancún AirJet rose from £160 to £299 in weeks. Air conditioners like the Morphy Richards and De'Longhi models saw price hikes linked to higher oil and plastic prices affecting production. Retailers use dynamic pricing algorithms to balance customer demand and limited supply. Industry leaders highlight that shipping costs can triple during peak periods, further pushing prices upward. The heatwave-induced demand surge exemplifies the volatility in pricing for summer-related goods amid global supply chain challenges.