News 12 May 2026 - 13 May 2026

Etihad Orders 10 Boeing Jets, Raising Talk of Hard-to-Get 787 Slots

Stock Market Today: Live Updates 14.07.2026

LIVEMarkets rolling coverageStarted: July 14, 2026, 4:00 AM EDTUpdated: July 14, 2026, 7:21 PM EDT Fortescue Ltd (FMG) shares fall as materials sector draws attention July 14, 2026, 6:53 PM EDT. Fortescue Ltd (ASX: FMG) shares are down 14.1% since the start of 2025, and investors are watching the move. The Western Australia-based iron ore producer is pushing into copper, lithium and rare earths to get more exposure to renewables demand. The ASX 200 Materials Index has seen 4.91% annual average capital growth for the past five years, better than the ASX 200’s 3.69%. FMG has paid an average 10.52%
July 14, 2026
Rolls-Royce Stock Tries to Stabilize as Investors Test the Limits of the Turnaround

Rolls-Royce Stock Tries to Stabilize as Investors Test the Limits of the Turnaround

Rolls-Royce Holdings plc ticked up in London on Wednesday, hovering near 1,197.60p after ending Tuesday at 1,191p. The stock barely budged within its session, moving between 1,195.60p and 1,215.60p. That’s significant—1,190p remains the pivot to watch, with the chart more focused on defending that level than pushing higher. This move is really about the market taking a breather. Shares slid 2.98% on Tuesday, lagging a nearly unchanged FTSE 100, after some volatile action: up 6.42% on May 6, then three back-to-back down days later in the week. That pretty much sums it up—investors aren’t bailing on the turnaround, but they’ve stopped chasing unless there’s something new to go on.
May 13, 2026
Barclays Stock Rebounds as UK Bank-Tax Fears Collide With Strong Q1 Capital Story

Barclays Stock Rebounds as UK Bank-Tax Fears Collide With Strong Q1 Capital Story

Barclays clawed back a bit early Wednesday, ticking up 1.34% to 420.45p. Still, the bounce lacked conviction—it wasn’t some decisive “risk-on” swing. More like a hesitant rebound from Tuesday, when UK political jitters dragged banks down and gilts took another hit. Barclays is moving in step with UK banks, gilts, and tax risk—simultaneously. On Tuesday, long-dated UK yields surged to highs not seen in nearly 30 years, sterling slid, and shares in Barclays, NatWest, and Lloyds all tumbled over 3%. JPMorgan, meanwhile, is now factoring in a jump in the UK bank surcharge to 5% from 3%, calling it a straight hit to sector profits.
May 13, 2026
Compass Group Stock Extends Rally as Profit Upgrade Reframes AI and Inflation Risks

Compass Group Stock Extends Rally as Profit Upgrade Reframes AI and Inflation Risks

Shares in Compass Group extended their gains Wednesday, continuing a rally that started after the contract catering giant boosted its full-year profit outlook. The London-listed stock edged up 1.06% to about $32.27, building on Tuesday’s $31.93 close and Monday’s $30.19 finish. Investors had more than a revenue beat to chase here. Compass revised its forecast, now projecting underlying operating profit growth above 11%—a notch higher than the previous “about 10%” outlook. That’s profit before certain items get excluded, like select acquisition-related costs. Earnings got a fresh look after the update.
May 13, 2026
Anglo American Rallies as Copper’s Record Run Turns the Teck Deal Into the Main Trade

Anglo American Rallies as Copper’s Record Run Turns the Teck Deal Into the Main Trade

Anglo American plc surged in London trading, with investors piling into copper plays again; this time, Anglo stands out as a clearer FTSE proxy for the theme. The most recent delayed quote had the stock up 156p, or 4.0%, while the FTSE 100 managed just a 0.52% gain. Notably, that's a big gap for a miner that's already in the crosshairs of merger-focused funds. There’s no mystery behind the move. Copper climbed 1.59% on May 13 to $6.59 per pound, data from Trading Economics show, up over 8% for the month and hitting a record high in May. The surge comes as data-center construction, electrification trends, ongoing demand from China, and supply bottlenecks—including sulphuric acid shortages linked to the US-Iran
May 13, 2026
BAT shares extend rally as FDA shift gives Vuse and Velo a cleaner U.S. read

BAT shares extend rally as FDA shift gives Vuse and Velo a cleaner U.S. read

British American Tobacco moved higher in London Wednesday, building on a strong surge that set it apart during Tuesday’s sluggish trading. Shares traded at GBX 4,713.78 according to Google Finance, a 1.72% gain and close to the upper end of the morning’s moves—just shy of the 52-week peak at GBX 4,876.92. Investors reacted after U.S. regulators offered more clarity. The FDA’s latest enforcement guidance signals it won’t be targeting some e-cigarette and oral nicotine pouch products that haven’t secured final authorization yet, as long as their premarket applications are still pending. Those applications—required before companies can legally introduce new tobacco products—remain under review.
May 13, 2026
Rio Tinto’s Copper Rally Gets Real, but the Easy Part of the Trade May Be Done

Rio Tinto’s Copper Rally Gets Real, but the Easy Part of the Trade May Be Done

Rio Tinto plc shares leapt at the open in London, changing hands at 8,197p after closing at 7,920p and even hitting 8,268p earlier. For a miner of Rio’s scale, that’s a sharp swing. Right now, the copper narrative is what’s moving the stock, with the rest trailing behind. It's straightforward, though there's more to it. Copper futures hovered near $6.64 a pound, climbing from $6.531 at the prior close and coming within a hair of $6.69 during the session. The contract has soared over 42% in the past year. Such a surge doesn't just juice current revenue for producers—investors are also reassessing how they value future mine output, especially with talk of supply staying tight long term.
May 13, 2026
Glencore Stock Rides Copper’s Record Push, but the Rally Still Has a Coal Problem

Glencore Stock Rides Copper’s Record Push, but the Rally Still Has a Coal Problem

Glencore zeroed in on copper today, pushing everything else to the backseat. Shares in London kicked off at 580p, jumped to 593.50p—a fresh 52-week high per Google Finance. Investing.com pegged Glencore at 589.40p, well above yesterday’s 573.40p close, so the stock was up close to 3% early on. Not surprising to see this move. Copper futures traded near $6.64 a pound, up roughly 1.6%. Prices touched $6.69 during the session, hitting a 52-week high. Simply put, the market’s bidding up future copper deliveries on the view that supply’s scarce, and demand isn’t letting up.
May 13, 2026
Intertek’s EQT Rally Turns a Slow Valuation Argument Into Deal Math

Intertek’s EQT Rally Turns a Slow Valuation Argument Into Deal Math

The board’s tone shifted, and Intertek’s chart followed. The shares jumped 365p to 5,665p by 09:10 BST, brushing close to a new 52-week high. They’d started the day at 5,710p, then moved between 5,660p and 5,722.41p. Even so, the price stayed below the total economic value in EQT’s offer—investors signaling they think the deal is probable, not guaranteed. “Minded” stood out in the morning’s updates. Intertek indicated it would be minded to back EQT’s final conditional proposal—if a firm offer lands with the same financial terms, and pending due diligence and signed agreements. That marks a notable departure from its outright rejection of previous bids at £51.50, £54, and £58 per share.
May 13, 2026
UK & AU Stock Market Today: Live Updates 13.05.2026

UK & AU Stock Market Today: Live Updates 13.05.2026

LIVEMarkets rolling coverageStarted: May 13, 2026, 12:00 AM EDTUpdated: May 13, 2026, 11:58 PM EDT Federal Court Rules Coles Misled Shoppers with 'Down Down' Discounts May 13, 2026, 11:58 PM EDT. The Federal Court ruled that Australian supermarket giant Coles misled customers by promoting fake "Down Down" discounts on everyday groceries. Justice Michael O'Bryan found Coles' tactic of showing inflated "was" prices for short periods before applying "discounted" prices was deceptive. The Australian Competition and Consumer Commission (ACCC) sued Coles over the practice between 2021 and 2023, arguing the promotional campaigns disguised actual price increases amid inflation. Coles argued these
May 13, 2026
Goodman Holds Near A$30.87 as Data-Centre Bet Runs Into a Harder Rates Tape

Goodman Holds Near A$30.87 as Data-Centre Bet Runs Into a Harder Rates Tape

Heading into Wednesday’s ASX trade, Goodman Group finds itself straddling an odd line—not just a warehouse landlord, but a real estate stock with a valuation that nods to the AI infrastructure frenzy. Shares ended Tuesday at A$30.87, barely budging after moving in a range from A$30.23 to A$30.97. That comes off a 2.05% gain on Monday, leaving the short-term chart looking like buyers are holding up the rally, not pressing for a fresh breakout.
May 13, 2026
CAR Group (ASX:CAR) Starts Wednesday Under Pressure as Higher Rates Test Its Marketplace Premium

CAR Group (ASX:CAR) Starts Wednesday Under Pressure as Higher Rates Test Its Marketplace Premium

Sellers stayed at the wheel for CAR Group as trading kicked off on Wednesday, carrying over Tuesday’s pressure. The stock ended at A$26.02, down 35 cents—not a huge slide, but turnover easily cleared the usual average. Forget the number—what’s driving it is key. This isn’t a new profit warning, not really. What’s going on here is a reset: a well-regarded marketplace stock, previously trading at a premium, is getting marked down as investors juggle tax, rates, and shaky consumer demand—all at once.
May 13, 2026
Woodside Rises With Oil, but Browse Costs Keep WDS From a Clean Breakout

Woodside Rises With Oil, but Browse Costs Keep WDS From a Clean Breakout

Woodside Energy Group Ltd picked up 0.75% on Tuesday, closing at A$30.74 after starting the session at A$30.52 and touching A$30.96 at its peak—a move tied to the day’s commodity bid, though project headaches still linger. Santos eked out a 0.53% rise. BHP’s rally signaled resource stocks drawing fresh money. Oil led the move. Brent finished up 3.42% at $107.77, while WTI jumped 4.19% to $102.18, as optimism for a U.S.-Iran deal fizzled. For producers with a mix of LNG, oil, and condensate, pricier spot energy feeds forward into cash flow—well before those gains appear in earnings reports.
May 13, 2026
Northern Star’s 3% Rebound Tests Whether Gold Can Outrun KCGM Execution Risk

Northern Star’s 3% Rebound Tests Whether Gold Can Outrun KCGM Execution Risk

Northern Star Resources jumped 3.23% to A$21.42 on Tuesday, erasing its 1.94% retreat from Monday. Shares traded up to A$21.71, with some 6.62 million changing hands—hardly a muted session. The move wasn’t triggered by new headlines; instead, buyers circled back to gold stocks after a rough patch for the name. The wider market offered some support. Heading into the afternoon, the ASX 200 was still sliding, but Market Index flagged “incredibly strong” action in resources—gold snapped higher locally, with other commodities pushing up too. That’s key for Northern Star, which stands out as a go-to large-cap for traders chasing gold margins on the ASX. If the gold trade heats up, NST usually sees interest pick up quickly.
May 13, 2026
Telstra Stock Slips as Buyback Support Meets Spectrum, Rate and Competition Risk

Telstra Stock Slips as Buyback Support Meets Spectrum, Rate and Competition Risk

Telstra Group slipped into the close on Tuesday, ending at A$5.26 after trading between A$5.24 and A$5.31. Volume was 27.23 million shares, above Google Finance’s listed average volume of 20.15 million, so the move had real participation behind it, even if the price change was modest. The reason the chart moved lower is not hard to trace. Telstra is still buying back stock, but the market no longer treats that as new information. The company’s May 12 buyback update showed it bought 1.66 million shares that day for A$8.75 million, an average of about A$5.26 a share — almost exactly where the stock finished. That tells a simple story: the company bid was there, but buyers were not willing to
May 13, 2026
Westpac falls as Australia’s budget rewrites the mortgage-stock trade

Westpac falls as Australia’s budget rewrites the mortgage-stock trade

Westpac Banking Corporation heads into Wednesday still battling technical weakness, with the policy backdrop casting a longer shadow. Shares closed Tuesday at A$36.61, a 1.37% drop, after moving in a range from A$36.42 to A$36.94. Roughly 6.08 million shares changed hands. The stock is now off almost 5% since closing at A$38.50 on May 4. This wasn’t isolated to Westpac; the entire banking sector took a hit. Financials dropped 1.6% on Tuesday as investors dumped shares of ANZ, NAB, Commonwealth Bank, and Westpac, bracing for the federal budget. According to Market Index, jitters centered on possible tweaks to negative gearing and capital gains tax—measures that could dampen appetite for new mortgages. Negative gearing lets investors offset property losses against their
May 13, 2026
NAB Shares Slide as Budget Tax Shock Turns Housing Policy Into Bank Risk

NAB Shares Slide as Budget Tax Shock Turns Housing Policy Into Bank Risk

NAB shares tumbled again, but this time it wasn’t a single negative headline to blame. Instead, investors wrestled with a larger concern: shifting housing tax rules, already elevated rates, and mounting credit stress. All three are now forcing a rethink for Australia’s mortgage-focused banks. Treasurer Jim Chalmers’ budget draws a sharp line: from next year, negative gearing on residential property will apply only to new builds. The longstanding 50% capital gains tax discount gets the axe, replaced with indexation tied to inflation. Negative gearing lets investors offset property losses against other income; capital gains tax kicks in on profits from asset sales. Both levers have underpinned housing investor appetite for years.
May 12, 2026
CSL’s sell-off deepens as $5 billion writedown turns a profit miss into a trust problem

CSL’s sell-off deepens as $5 billion writedown turns a profit miss into a trust problem

CSL’s selloff isn’t just about the disappointing number. The latest figure points to something deeper—a sign that the previous CSL model was simply too generous. CSL last changed hands at A$98.55, having swung between A$94.76 and A$100.00 during Tuesday’s session on 4.66 million shares. That came right after Monday’s punishing drop—shares plunged 15.96% to close at A$100.75, bottoming out earlier at A$93.64. Not long ago this was considered a perennial safe bet on the ASX. The 52-week peak, for reference, is still way up at A$275.79.
May 12, 2026
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