News 10 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, 10:01 PM EDT Battery Storage Cuts Power Costs as Australian Gas Prices Jump July 14, 2026, 9:48 PM EDT. Cheaper battery storage is grabbing a bigger slice of Australia’s electricity market, challenging gas plants and lowering costs, the GenCost 2025-26 Final Report by CSIRO and AEMO said. The report said renewable energy backed by storage is still the cheapest way to hit net zero, with solar PV and onshore wind expected at 93% of the supply by 2050. AI data centre demand is pushing up gas turbine costs,
July 14, 2026
WiseTech Global Stock Back on Watchlists as AI Job Cuts Test CargoWise Growth
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WiseTech Global Stock Back on Watchlists as AI Job Cuts Test CargoWise Growth

WiseTech Global Ltd faces Monday’s Sydney open with its ASX shares sitting at A$42.27 as of May 8, having dropped 4.6% that day. Investors are sizing up the firm’s AI-driven overhaul and the risks that come with it. Shares remain a long way off the 52-week peak of A$121.31, according to market data. Right now, WiseTech is back in the mix with top-tier ASX software stocks—investors aren’t just treating it as a logistics play anymore. On May 9, a market piece lumped WiseTech and Xero together, flagging both as tech names catching attention as investors revisit the software sector’s recent weakness, AI buzz, and the outlook for cloud-driven growth. Xero doesn’t compete in logistics, but it’s a solid ASX software
May 10, 2026
Mineral Resources Stock Faces a New Debt-Repair Test After COO Move and POSCO Lithium Push
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Mineral Resources Stock Faces a New Debt-Repair Test After COO Move and POSCO Lithium Push

Mineral Resources Ltd kicked off the week by naming Darren Killeen as its inaugural chief operating officer, handing the veteran executive oversight of daily operations. Killeen, who has been with the Western Australian miner for years, will report straight to Managing Director Chris Ellison. The move comes as the company continues to navigate a delicate balance-sheet situation. MinRes has been working to reassure investors about its hefty spending, rising debt levels, and exposure to lithium prices. The stock settled at A$69.55 on Friday, off A$1.79, or 2.5%, from the previous close, after hitting an intraday high of A$71.62, according to Bloomberg data.
May 10, 2026
Fortescue’s $1 Billion Court Test Arrives as Rio Tinto Locks In Pilbara Solar Deal
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Fortescue’s $1 Billion Court Test Arrives as Rio Tinto Locks In Pilbara Solar Deal

Fortescue Ltd is staring down a pivotal week in its protracted battle with the Yindjibarndi people. The Federal Court is set for its ruling on Tuesday, deciding over compensation linked to the miner’s Solomon Hub iron ore site in Western Australia’s Pilbara. The Yindjibarndi are pressing for a payout topping A$1 billion for cultural and economic loss, according to a statement from the group. Fortescue, for its part, argues that compensation should be capped around A$8.1 million. This timing has thrown the spotlight squarely on the issue. According to The West Australian, Rio Tinto locked in a solar agreement with Yindjibarndi Energy Corporation right before the ruling, putting partnerships with traditional owners back in focus for iron ore groups navigating
May 10, 2026
Goodman Group Just Bought a Newark Brewery. The Real Prize Is Land, Power and Logistics
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Goodman Group Just Bought a Newark Brewery. The Real Prize Is Land, Power and Logistics

NEWARK, New Jersey, May 10, 2026, 15:02 EDT Goodman Group snapped up Anheuser-Busch’s old Newark brewery for about $360 million, landing the Australian industrial property giant a rare big-ticket redevelopment spot in the New York metro. According to Newmark Group, which advised on the deal, Goodman is a global industrial real estate owner and developer.
May 10, 2026
Woolworths Group’s 700-Store Recycling Comeback Lands as Trust Fight Deepens
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Woolworths Group’s 700-Store Recycling Comeback Lands as Trust Fight Deepens

Sydney—It's May 11, 2026, clock just past 4:08 AEST. Woolworths Group Ltd has brought its soft-plastics recycling bins back to more than 700 supermarkets, spanning five states around Australia, marking a return to in-store sustainability efforts since REDcycle’s 2022 collapse. So far, the new program has taken in about 40 million pieces of soft plastic—roughly 310,000 kilograms—through the collection and processing scheme.
May 10, 2026
Wesfarmers Stock Just Got Hit: Why Bunnings and Kmart Prices Are Back in Focus
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Wesfarmers Stock Just Got Hit: Why Bunnings and Kmart Prices Are Back in Focus

Wesfarmers Ltd. faces renewed selling going into Monday, with shares sliding 1.95% to finish at A$72.25 on May 8—off the session high of A$73.24, according to company data from LSEG. As oil-driven volatility rattles the ASX, investors are questioning if the Bunnings and Kmart parent can push through price hikes without denting demand. The lingering cost shock isn’t going anywhere. On Sunday, Reuters said most Gulf stock markets slipped, weighed down by renewed drone strikes and shaky prospects for Iran peace negotiations—this, even after the first Qatari LNG vessel managed to transit the Strait of Hormuz since fighting broke out.
May 10, 2026
Ripple XRP ETFs Hit $1.32B in Inflows — Why the Token Still Hasn’t Caught Up
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Ripple XRP ETFs Hit $1.32B in Inflows — Why the Token Still Hasn’t Caught Up

Spot XRP ETFs in the U.S. pulled in $6.04 million in net inflows on May 8, pushing total net inflows to $1.325 billion as investors continued to pile into regulated XRP products. Canary Capital’s XRPC was the sole fund to notch a net inflow during the session, bringing its historical total up to $438 million, according to ChainCatcher’s report on Bitget, citing SoSoValue data. Timing is key here. The most recent move comes right after a three-day inflow streak in May, totaling roughly $28.1 million from May 4 to May 6—sustaining interest in the XRP ETF trade, even as the token lost steam after earlier advances. Since launching in November 2025, the funds have posted positive weekly flows in about
May 10, 2026
Telstra Group Limited’s $1.25 Billion Buyback Is Nearly Spent. Here’s What Investors Are Watching
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Telstra Group Limited’s $1.25 Billion Buyback Is Nearly Spent. Here’s What Investors Are Watching

Telstra Group Limited’s latest update to the ASX shows its expanded on-market share buyback is nearing completion. On May 8, the telecoms company reported it bought back another A$12.2 million worth of stock. Total outlay so far: about A$1.08 billion. With approval for up to A$1.25 billion, that leaves around A$168 million before the ceiling is hit. The timing is key here: investors won’t have a full window to react until Monday, with Telstra shares last seen at A$5.31, down 0.38% at 16:40 on May 8. The buyback arrives just as Telstra rolls out fresh mobile price hikes—a real test for customer loyalty at Australia’s largest telecom, as bills climb.
May 10, 2026
Australia Stock Market Week Ahead: ASX 200 Faces Budget, Wages and Oil Test
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Australia Stock Market Week Ahead: ASX 200 Faces Budget, Wages and Oil Test

Sydney—It’s May 11, 2026. The clock reads 03:06 AEST. Australian shares are bracing for a packed data calendar after Friday’s rout took out almost A$50 billion in value from the ASX 200. The index slumped 1.51% to 8,744.4, its sharpest drop in seven weeks, as investors held back ahead of key budget, wage, and confidence figures. Regular trading is set to restart at 10 a.m. Sydney time.
May 10, 2026
UK Stock Market Today: FTSE 100 Faces GDP Test After Third Weekly Drop
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UK Stock Market Today: FTSE 100 Faces GDP Test After Third Weekly Drop

FTSE 100 opens the week still feeling the weight of Friday’s 0.4% drop to 10,233.07—marking a third straight week in the red. Investors are eyeing a loaded UK data calendar, while Middle East tensions keep nerves tight. With London’s cash market closed on Sunday, regular trading gets going again Monday. Main session runs 8:00 to 16:30 local time. The real question now: will buyers actually step back in? But first comes Thursday’s UK GDP release, a check on whether growth was still holding up before rising energy bills started pinching households and businesses.
May 10, 2026
Evolution Mining Share Price Jumps 7% in Week as Gold and Copper Rally Put EVN Back in Focus
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Evolution Mining Share Price Jumps 7% in Week as Gold and Copper Rally Put EVN Back in Focus

Sydney—It’s 2:17 a.m. on May 11, 2026. Evolution Mining Limited surged 7.4% last week to finish at A$13.05, snapping investors’ attention back to the ASX gold and copper producer as money flowed into commodity stocks. Shares last changed hands Friday. The Australian cash market remains closed until the regular Monday open just before 10 a.m. Sydney time.
May 10, 2026
PLS Group Limited (ASX:PLS) Shareholder Shake-Up: MUFG Filing Puts Lithium Stock Back in Focus
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PLS Group Limited (ASX:PLS) Shareholder Shake-Up: MUFG Filing Puts Lithium Stock Back in Focus

Mitsubishi UFJ Financial Group Inc. reported holding 5.11% voting power in PLS Group Limited, according to a filing that’s drawn renewed attention to the Australian lithium producer’s shareholder list. The update came as State Street also bumped up its stake, with both disclosures posted on May 8, ASX records confirm. Timing is key here. Substantial holders—those with a minimum 5% stake in a company’s voting shares—are required to file these notices, offering the market a clear window into big institutional moves. That’s happening while lithium sentiment has bounced back from last year’s tough stretch.
May 10, 2026
Northern Star Resources Stock: $500 Million Buyback Runs Into One Hard Question
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Northern Star Resources Stock: $500 Million Buyback Runs Into One Hard Question

Investors are zeroed in on Northern Star Resources Ltd and its A$500 million share buyback as the gold miner faces pressure from an expensive mill expansion at Kalgoorlie. Shares closed at A$21.16 Friday, off 2.49% for the session, and still a long way from the 52-week peak of A$31.96. Timing is key here. Northern Star is juggling a shareholder payout while also ramping up investment to boost production down the line. On its website, the most recent release is a standard ASX filing from May 8—34,154 ordinary shares issued or transferred after performance rights conversion. No fresh operating news there.
May 10, 2026
Woodside’s $30 Billion Browse Gas Bet Hits Decision Point as Australia Eyes Bigger Tax Take
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Woodside’s $30 Billion Browse Gas Bet Hits Decision Point as Australia Eyes Bigger Tax Take

Woodside Energy Group’s $30 billion Browse gas project is edging closer to a potential federal go-ahead, possibly as early as next month. The massive undeveloped offshore gas resource is back on the radar for investors, just as Canberra gears up to reveal a lift in offshore gas-tax revenues. Timing is key here. Woodside is pushing ahead with major, long-term developments just as Australia’s gas policy is pulled in different directions: supply security, household energy costs, export cash, and climate concerns all competing for priority. Treasurer Jim Chalmers says the Petroleum Resource Rent Tax, which targets offshore oil and gas profits, is set to generate more revenue than earlier estimates. Still, the government isn’t planning to alter current tax rules.
May 10, 2026
ANZ Group Shares Go Ex-Dividend Monday as 83c Payout Tests Profit Turnaround
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ANZ Group Shares Go Ex-Dividend Monday as 83c Payout Tests Profit Turnaround

ANZ Group Holdings shares go ex-dividend on Monday, so anyone buying after that misses out on the bank’s A$0.83 interim payout. The dividend, scheduled for July 1, comes 75% franked—so Australian investors get tax credits on three-quarters of the amount. The deadline is here: ANZ notes that to snag the dividend, investors needed to own shares before the ex-dividend date. Those picking up shares on or after Monday miss out on this payout, though anyone selling on or after that date still holds onto the entitlement.
May 10, 2026
CSL Limited Share Price Faces New Test After A$1.06 Billion Buyback Ends
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CSL Limited Share Price Faces New Test After A$1.06 Billion Buyback Ends

CSL Limited heads into Monday’s local session with a fresh challenge for its share price. The biotech just wrapped up an on-market buyback, grabbing 6,406,976 ordinary shares for A$1.06 billion, according to an ASX filing dated May 5. The program had a US$750 million cap. Investors are still uneasy about the delayed CSL Seqirus separation and softer demand for flu vaccines in the U.S. The capital return landed as CSL shares sit close to their lows, rather than during an upswing. Shares finished at A$119.88, down 1.74%, after dipping to A$119.61. ASX trading reopens just before 10 a.m. in Sydney.
May 10, 2026
Westpac Banking Corporation’s New RBA Call Points to Two More Rate Hikes
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Westpac Banking Corporation’s New RBA Call Points to Two More Rate Hikes

Westpac Banking Corporation is now penciling in Reserve Bank of Australia rate hikes for August and September, scrapping its earlier call for moves in June and August. Chief economist Luci Ellis said a June hike remains possible—just not the “base case”—after the central bank suggested it had time to evaluate the fallout from the Middle East shock. Timing is key here: Westpac isn’t declaring the rate cycle finished. Hitting pause in June might offer short-term relief for borrowers, though the bank continues to advise clients to brace for more tightening as the year moves on.
May 10, 2026
NAB’s Monday Deadline: National Australia Bank’s $1.8 Billion Capital Push Comes Due
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NAB’s Monday Deadline: National Australia Bank’s $1.8 Billion Capital Push Comes Due

National Australia Bank Limited shareholders face a 5 p.m. AEST deadline on Monday to submit election notices for the interim dividend reinvestment and bonus share plans—timing that comes as the bank’s capital strength remains under scrutiny following a soft half-year performance. The interim dividend stands at 85 Australian cents, payable July 2, according to a recent filing. NAB’s move comes as the bank taps a discounted dividend reinvestment plan—known as a DRP—to boost capital by about A$1.8 billion, following a jump in bad-debt provisions and a hefty software write-down that sliced into profits. The DRP gives shareholders the option of taking new shares over a cash payout. NAB is pricing the shares at a 1.5% discount and underwriting part of
May 10, 2026
Commonwealth Bank of Australia Rate Rise Hits This Week as Borrowers Face Delayed Mortgage Pain
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Commonwealth Bank of Australia Rate Rise Hits This Week as Borrowers Face Delayed Mortgage Pain

Commonwealth Bank of Australia is set to raise variable home loan rates by 25 basis points this Friday, bumping its standard owner-occupier principal-and-interest reference rate up to 8.80% from 8.55%. Borrowers are inching closer to the full weight of this year’s Reserve Bank tightening. The bank said existing customers can check their new rate in NetBank and the CommBank app starting Saturday. Timing is key here. Plenty of mortgage holders haven’t yet felt the full brunt of the Reserve Bank of Australia’s three rate hikes this year. Canstar’s data insights director Sally Tindall told NewsWire that banks work out interest daily, but, as she put it, “they don’t ask you for that extra money straight away.” The latest bump is
May 10, 2026
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