News 12 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, 7:20 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
BHP Stock Hits A$60 as Copper Turns the Miner Into a Different Trade
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BHP Stock Hits A$60 as Copper Turns the Miner Into a Different Trade

BHP Group surged, grabbing the spotlight in a lackluster Australian session. Shares broke through A$60 for the first time, reached as high as A$60.23, and finished at A$59.78—a gain of 2.49% for the day. The ASX 200 didn’t keep pace, dropping 0.4% as losses in banks, healthcare, and tech stocks dragged the index lower. There’s not much mystery here, but the change is big. Copper has gone from a bit player at BHP to the linchpin in the valuation story—and now, the chart’s reflecting that. COMEX copper futures are up 8.81% for the month, sitting at roughly US$6.51 a pound. Iron ore, by comparison, hovered around US$111.40 a tonne. According to IG, BHP surged to a new record, with Rio
May 12, 2026
Wesfarmers Nears a 52-Week Low as Retail Investors Wait for Relief That Hasn’t Arrived
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Wesfarmers Nears a 52-Week Low as Retail Investors Wait for Relief That Hasn’t Arrived

Wesfarmers looks every bit the quality outfit, though timing hasn’t been on its side. Shares ended Tuesday at A$71.30 on the ASX, off 1.83%. The day’s low of A$70.87 put the stock right at its quoted 52-week low. The chart’s break didn’t come after another earnings downgrade—this time, it was the market’s rethink on Australian retail risk that did it.
May 12, 2026
Sony Xperia 1 VIII Reveal Is Hours Away: Camera Shake-Up, Price Risk and Launch Details
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Sony Xperia 1 VIII Reveal Is Hours Away: Camera Shake-Up, Price Risk and Launch Details

Sony has set its next Xperia unveiling for Wednesday at 11:00 a.m. in Japan, pointing fans to a YouTube premiere and using the #NextXperia tag on its official teaser page. The name of the device? Still under wraps, according to the teaser. Timing is crucial here, with just hours left before Sony pulls back the curtain on its next Xperia. All eyes are on whether the company sticks to its niche, camera-centric approach in a premium market packed with heavyweight competitors. According to Japan’s Xperia-focused Kunkoku site, Sony’s third teaser flashed a “1 Day to Go” message, alongside the line: “A new trinity has awoken, the next one is coming.”
May 12, 2026
Labour Delay Puts 100 Million-Barrel North Sea Oil Prize Back in Focus
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Labour Delay Puts 100 Million-Barrel North Sea Oil Prize Back in Focus

Jersey Oil & Gas pointed to a slowdown in its Greater Buchan Area development, blaming stalled government consultations and delays in regulatory sign-off. That’s putting Labour in a tighter spot over the fate of one of the biggest undeveloped oil centers left in the UK North Sea. The AIM-listed group still pegs the area’s gross resources at over 100 million barrels of oil equivalent, with Buchan as the main target. Timing’s turning out to be a critical issue for the North Sea, squeezed by old infrastructure demanding fresh investment soon, and a policy overhaul from the government that keeps the Energy Profits Levy running until 2030—unless price triggers bring it to an early close. For industry bosses, that uncertainty isn’t
May 12, 2026
Air Canada Route Cuts Hit Travelers As Fuel Shock Pushes Canadian Fares Higher
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Air Canada Route Cuts Hit Travelers As Fuel Shock Pushes Canadian Fares Higher

Air Canada is trimming more U.S. routes. The airline has shortened its Toronto-Charleston and Toronto-Sacramento seasonal flights, with Vancouver-Raleigh/Durham now wrapping up ahead of schedule. Montreal-Austin flights are also dropped for part of the fall, as higher jet fuel prices continue to pressure Canadian carriers. According to AeroRoutes, these adjustments were filed last week; the schedule update appeared Tuesday. Timing is critical here, with airlines scrambling to adjust summer schedules. Air Canada flagged a sharp jump in jet fuel costs—up twofold since the Iran conflict began—that’s turned several marginal routes into money-losers. The carrier is pulling service from JFK, Salt Lake City, Guadalajara, Algiers, and two domestic routes within Canada. It expects the changes to trim available seat miles by
May 12, 2026
ANZ stock falls as housing-tax reset tests a stronger earnings story
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ANZ stock falls as housing-tax reset tests a stronger earnings story

ANZ Group Holdings slid to A$35.14 by the end of Tuesday, shedding 2.12% as it traded 5.27 million shares—well past its usual turnover. The selling hit all of Australia’s major banks: Commonwealth Bank, Westpac, and National Australia Bank ended lower as well. This wasn’t about any fresh issue at ANZ. The S&P/ASX 200 shed 31.1 points, or 0.36%, closing at 8,670.7. The market’s verdict was clear: heavy selling hit the big banks as investors braced for the federal budget, eyeing potential tweaks to negative gearing and capital gains tax.
May 12, 2026
PLS hits record as lithium rebound makes Pilgangoora leverage hard to ignore
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PLS hits record as lithium rebound makes Pilgangoora leverage hard to ignore

PLS Group Limited, which trades on the ASX and was previously Pilbara Minerals, finished Tuesday’s session at A$6.50—22 cents higher. Shares touched A$6.59 intraday, matching their 52-week high per Google Finance data, before slipping back by the close. The ASX has closed at the dateline; these figures reflect the most recent cash-session. The answer jumped out on the commodities screen. Chinese lithium carbonate futures gained 1.7% early, hitting 205,680 yuan a tonne. That puts prices up roughly 9% over five weeks, the highest since August 2023. For PLS, this is key. Their main product? Spodumene concentrate — crushed rock loaded with lithium, which gets turned into battery chemicals.
May 12, 2026
Macquarie Slips as Budget Risk Cools a Record-High Rally
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Macquarie Slips as Budget Risk Cools a Record-High Rally

Investors didn’t punish Macquarie Group for missing on profits—quite the opposite. The stock slipped after the market had already run it up, only to turn its focus to whether those profits are sustainable. MQG closed Tuesday at A$234.20, down 2.15%. That’s a pullback from Friday’s record A$249.49, set when the FY26 figures hit. Sectors took the hit right off the bat. The S&P/ASX 200 dropped 0.36%, with the financials sliding 1.6%. ANZ and NAB shed 2.1%, Commonwealth Bank and Westpac each slipped 1.4%. Bank shares were dumped as investors braced for the federal budget, worried that tweaks to negative gearing and capital gains tax could take some heat out of mortgage demand.
May 12, 2026
MSCI World ETF (URTH) Rally Just Ran Into Hot CPI, a Fed Handoff and an MSCI Rebalance
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MSCI World ETF (URTH) Rally Just Ran Into Hot CPI, a Fed Handoff and an MSCI Rebalance

The iShares MSCI World ETF edged lower on Tuesday, pulling back after hitting record highs as U.S. inflation numbers came in above forecasts. Investors were also keeping an eye on an MSCI index review set for later. URTH hovered around $200, off roughly 0.4%. That matched the dip in the SPDR S&P 500 ETF and fared a bit better than the iShares MSCI ACWI ETF, which slipped about 0.8%. Not the best timing. According to the Bureau of Labor Statistics, the consumer price index climbed 0.6% in April and landed 3.8% higher than a year ago. Over the past 12 months, energy costs surged 17.9%, stirring up the rate-cut debate again—with global equity funds still heavily tilted toward AI and
May 12, 2026
Panasonic Lumix L10 Launch: The Fixed-Lens Compact Camera Built to Challenge Fujifilm and Leica
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Panasonic Lumix L10 Launch: The Fixed-Lens Compact Camera Built to Challenge Fujifilm and Leica

Newark, New Jersey, May 12, 2026, 14:13 EDT Panasonic rolled out the Lumix L10 on Tuesday, stepping into the resurging premium compact camera segment with a model built for still photography. The Japanese electronics maker has equipped the DC-L10 with a 20.4-megapixel Four Thirds back-illuminated CMOS sensor, paired with a Leica DC Vario-Summilux 24-75mm equivalent f/1.7-2.8 lens.
May 12, 2026
Spotify Down Today: Global Outage Hits Songs, Search and Web Player as Company Investigates
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Spotify Down Today: Global Outage Hits Songs, Search and Web Player as Company Investigates

Spotify ran into a major outage on Tuesday, knocking out song playback, track searches, and some app features for users. The company acknowledged the trouble, saying it was looking into “some issues” with the app. The outage rippled through Europe’s prime listening hours and hit right around lunchtime for users in the U.S.—not great timing for a platform that promises round-the-clock availability. By 10:56 a.m. Pacific, Downdetector had logged over 30,000 reports, GV Wire noted. It’s worth remembering, those trackers only count user-submitted incidents, not the full extent of the disruption.
May 12, 2026
SAP’s n8n Bet Just Created Germany’s Most Valuable AI Startup
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SAP’s n8n Bet Just Created Germany’s Most Valuable AI Startup

SAP has picked up a strategic stake in Berlin’s n8n, putting a $5.2 billion price tag on the AI workflow automation outfit and more than doubling its valuation inside of a year, according to n8n on Tuesday. The pair struck a multi-year commercial agreement as well, which will see n8n’s technology woven into Joule Studio, SAP’s AI agent builder for automating business tasks. Timing is key here. SAP wants to prove enterprise AI isn’t just for show—it can handle real-world work in finance, procurement, HR, and the supply chain, where a misstep has consequences and oversight is tight. Joule Studio is built into the company’s new Business AI Platform. According to SAP, this platform lets developers create agents, apps, and
May 12, 2026
Shell Diesel Price Error Gives German Drivers Rare Autobahn Bargain Under New Noon Rule
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Shell Diesel Price Error Gives German Drivers Rare Autobahn Bargain Under New Noon Rule

A manual error at Shell Deutschland let some German motorway service stations sell diesel at just 1.849 euros per litre—much lower than intended—before the price was corrected on Tuesday. Shell hasn’t disclosed the number of locations involved. The error had real impact, clashing directly with Germany’s just-launched pump-price policy. As of April 1, filling stations can lower fuel prices whenever they choose, but are only allowed to hike them once daily, at noon. Designed to simplify things for drivers, the rule aims to make price changes more transparent.
May 12, 2026
Valneva’s Brazil Vaccine Green Light Comes With a Stock-Market Catch
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Valneva’s Brazil Vaccine Green Light Comes With a Stock-Market Catch

SÃO PAULO, May 12, 2026, 14:07 Valneva’s Brazilian partner has secured approval to produce the chikungunya vaccine locally, paving a route for the shot to potentially enter Brazil’s public health system. The update lands as Valneva’s stock faces a turbulent stretch. Anvisa, the national health regulator, authorized Instituto Butantan to handle manufacturing in Brazil. Until now, only Valneva’s own factories had been listed as production sites since the vaccine’s 2025 approval.
May 12, 2026
Air India International Flights Until July 2026: Viral Cancellation Claim Is False, But Cuts Are Real
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Air India International Flights Until July 2026: Viral Cancellation Claim Is False, But Cuts Are Real

Contrary to social media chatter, Air India isn’t scrapping all international routes until July 2026. The Tata Group carrier is scaling back select overseas flights in June and July, responding to higher fuel bills, airspace restrictions and longer flight paths pressuring its network. The nuance is crucial for summer travelers: out of over 1,000 daily flights, around 100 are set for short-term reduction, rescheduling, or cancellation—a partial trim of 10% to 12%. Air India isn’t halting its international operations, despite some confusion.
May 12, 2026
ASX slips as budget tax reset and bank housing risk outweigh a mining bid
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ASX slips as budget tax reset and bank housing risk outweigh a mining bid

The Australian sharemarket slipped again on Tuesday, weighed down mostly by local factors. The S&P/ASX 200 dropped 31.10 points, or 0.36%, finishing at 8,670.70. That marks a three-day decline of 2.4% as traders moved out of banks ahead of the federal budget, with eyes on Commonwealth Bank’s update coming Wednesday. The session’s chart looked choppy, not directional. The index slid to 8,619.1—its lowest mark in five weeks—before rebounding a bit as miners found support on firmer copper, iron ore and oil prices. That divergence says plenty: investors didn’t head for the exits on Australia as a whole; instead, they trimmed positions in sectors most exposed to housing, pricier funding, and lofty growth valuations.
May 12, 2026
FTSE 100 Holds Flat as UK Political Risk Hits Banks, Mid-Caps and Sterling
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FTSE 100 Holds Flat as UK Political Risk Hits Banks, Mid-Caps and Sterling

London’s FTSE 100 closed barely lower, down 4.11 points at 10,265.32, trimming early losses that reached 1.1%. The FTSE 250 took a sharper turn, closing off 1.5% at 22,466.20—the biggest single-day drop it’s seen in over six weeks. That split pretty much tells the story. Exporters, big oil, pharma giants, and staples dominate the FTSE 100. Over in the FTSE 250, banks, real estate, retailers, and companies exposed to UK buying power carry more weight. Once sterling slipped to around $1.3505 and gilt yields climbed, investors leaned toward overseas earners—they look less vulnerable than names lashed to Britain’s borrowing costs or household budgets.
May 12, 2026
NatWest Stock Falls as UK Political Risk Overpowers a Stronger Income Story
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NatWest Stock Falls as UK Political Risk Overpowers a Stronger Income Story

NatWest Group shares slid hard on Tuesday—down 4.11% at 561.6p—but this wasn’t just about its earnings. The move spoke more to a broader UK risk-off mood. Reuters flagged declines across London banks: Barclays, Standard Chartered, NatWest and Lloyds all dropped between 2.2% and 4.2%, with financials dragging the wider European market lower. NatWest stands out now as the closest thing to a straightforward, large-cap proxy for the UK economy. Bank shares tend to move quickly—almost a real-time gauge—when gilts drop, sterling slides, and traders lean toward pricing in looser government spending. On Tuesday, 30-year gilt yields climbed to 5.81%, that’s a level not seen since 1998; 10-year yields also jumped, hitting 5.13%. According to Reuters, shares in Barclays, NatWest, and
May 12, 2026
IAG Stock Pulls Back as Fuel Shock Tests the Bond-Buyback Rally
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IAG Stock Pulls Back as Fuel Shock Tests the Bond-Buyback Rally

International Consolidated Airlines Group slipped on Tuesday, surrendering some of its previous gains as the focus shifted from balance-sheet repairs to fuel expenses. Shares hovered around 397.5p in late London trade, off 2.98%, with trading volume more than twice the norm. Early in the session, the stock briefly touched 416.9p before losing ground, drifting toward session lows. The market had a reason to move Monday. IAG snapped up almost its entire batch of 2028 convertible bonds—€819 million out of €825 million was tendered, just €6 million left before a mop-up redemption. These bonds threaten dilution by converting into shares, so shrinking them went down well with equity players. Investors liked the tidier share structure. Still, that doesn’t pump fuel into
May 12, 2026
Peach A321neo Sightings Put ANA’s Japan Budget-Airline Bet Back in Focus
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Peach A321neo Sightings Put ANA’s Japan Budget-Airline Bet Back in Focus

Over the last day, FlyTeam posted new aircraft-photo entries featuring Peach Aviation’s Airbus A321neo-family JA901P at Kansai International Airport, along with All Nippon Airways’ Airbus A320neo JA212A at Narita. The latest photos offer an updated look at some of the narrow-body jets ANA Holdings deploys throughout Japan and Asia. The FlyTeam archive also links to a 2019 image of Peach’s A320 JA805P at Kansai. The shift lands as ANA Group heads into fiscal 2026, now leaning on a streamlined passenger-airline setup: just full-service ANA and budget operator Peach. That follows its late March decision to sunset AirJapan brand flights. Narrow-body jets—single-aisle aircraft common on domestic and short-haul regional runs—are now the backbone of the plan.
May 12, 2026
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