News 8 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, 11:45 PM EDT Lithium Plus Minerals (ASX:LPM) lifts Lei resource, bumps up Bynoe DSO case July 14, 2026, 11:44 PM EDT. Lithium Plus Minerals (ASX:LPM) lifted its Lei lithium resource 34% to 5.22Mt at 1.50% Li2O as of mid-2024, with 78,420 tonnes contained Li2O. The indicated portion now accounts for 55%, up 730%. The increase backs up the firm’s low-capex DSO plan for its Bynoe project, with a scoping study targeted for early Q4 2026. Drilling has pulled mineralisation deeper and sharpened the model, with the company eyeing
July 14, 2026
Former WHSmith Chain TG Jones Faces July Administration Deadline as 150 Stores Could Shut
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Former WHSmith Chain TG Jones Faces July Administration Deadline as 150 Stores Could Shut

TG Jones, which was previously known as the WHSmith high street chain, has warned lenders it faces possible administration by July 31 if it can’t get its restructuring plan through both creditors and the High Court. That plan, which could lead to as many as 150 store closures, is set for a creditor vote before heading to a High Court hearing on June 29. The deadline now puts pressure on turning what started as a store-cutting plan into a last-ditch rescue for one of Britain’s most recognizable ex-high street chains. Administration, a UK insolvency procedure, hands the business and its assets over to an appointed administrator.
May 8, 2026
Huawei’s €299 Watch Fit 5 Pro Lands in Germany as a Garmin Rival With One Clear Catch
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Huawei’s €299 Watch Fit 5 Pro Lands in Germany as a Garmin Rival With One Clear Catch

Huawei’s Watch Fit 5 Pro is now up for grabs in Germany, priced at 299 euros. The square-faced Fit series edges closer to the sports-watch category this time, packing in a larger display and expanded health features, plus cycling functions that used to show up only on more expensive Huawei devices. For those looking at the standard model, the Watch Fit 5 is listed from 199 euros. The launch lands right as Huawei ramps up advanced training tools in a price range still dominated by Garmin for running and cycling. Computer Bild described the Watch Fit 5 Pro as a possible challenger to Garmin but pointed out the device isn’t without its trade-offs.
May 8, 2026
Bank of Baroda Q4 Result: ₹5,616 Crore Profit, ₹8.50 Dividend — Why Shares Still Fell
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Bank of Baroda Q4 Result: ₹5,616 Crore Profit, ₹8.50 Dividend — Why Shares Still Fell

Bank of Baroda logged an 11.2% jump in net profit for the March quarter, coming in at Rs 5,616 crore. The board has proposed a dividend of Rs 8.50 per share. Stronger lending income and a drop in bad-loan ratios underpinned the state-owned lender’s performance, closing FY26 with record earnings. Full-year profit broke through the Rs 20,000 crore mark, landing at Rs 20,021 crore, the bank said. This time, it counted: investors were waiting to see if public-sector banks could keep up earnings growth, even as deposit costs rose and treasury actions plus provisions for bad loans squeezed margins. Before the result, brokerages had pegged Bank of Baroda’s profit somewhere between Rs 4,800 crore and Rs 4,950 crore—a range the
May 8, 2026
BP’s June Shake-Up Gives Meg O’Neill’s Oil-and-Gas Reset Its First Real Test
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BP’s June Shake-Up Gives Meg O’Neill’s Oil-and-Gas Reset Its First Real Test

BP is set to overhaul its structure in June, splitting operations into upstream and downstream units. Chief Executive Meg O’Neill is pushing for a clearer timeline on shifting the company back to its core oil and gas focus. According to three people who joined an internal staff call, the reorganisation plan came up on Thursday, Reuters reports. The timing is key here: O’Neill started on April 1 and now faces pressure to prove BP’s latest overhaul isn’t just a rebrand. Last month, BP posted first-quarter underlying replacement cost profit—an industry benchmark that excludes certain inventory moves and one-offs—at $3.2 billion. Net debt ticked up, reaching $25.3 billion.
May 8, 2026
Boeing F-47 Puts Japan’s GCAP Sixth-Generation Fighter Plan Under Fresh Pressure
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Boeing F-47 Puts Japan’s GCAP Sixth-Generation Fighter Plan Under Fresh Pressure

Japan’s fighter jet decision faces renewed attention now that Boeing’s F-47 is picking up funding support in the U.S. Tokyo, meanwhile, is pressing ahead with its joint fighter initiative alongside Britain and Italy—both pushing toward the 2035 target to phase out the Mitsubishi F-2. That question is pressing now, with Japan’s available options shrinking. The defence ministry points to the F-2’s planned retirement around 2035, and warns that total dependence on foreign suppliers for air power could erode Japan’s own operational control. The solution, at least on paper, is GCAP—the Global Combat Air Programme. The initiative has Japan, Britain and Italy working together on a sixth-generation fighter. Think stealth, extended range, sophisticated sensors, and close integration with uncrewed aircraft.
May 8, 2026
TotalEnergies Opens 400-kW Berlin EV Hub as Germany’s Charging Race Speeds Up
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TotalEnergies Opens 400-kW Berlin EV Hub as Germany’s Charging Race Speeds Up

TotalEnergies has launched an 18-bay ultra-fast EV charging hub close to Berlin Central Station, installing 400-kilowatt chargers in one of the city’s main transit corridors as Germany’s push for urban charging picks up speed. The site sits on Invalidenstrasse, wedged between Hamburger Bahnhof and the Berlin Social Court, with all units drawing electricity from renewable sources certified by guarantees of origin. The numbers landed at a key moment. Germany’s VDA auto group reported a 41% jump in battery-electric car registrations for April, reaching 64,350. Broader electric vehicle figures—including plug-in hybrids and fuel-cell models—climbed 32% to 91,898, lifting the share for electrified cars to 37% of all new registrations.
May 8, 2026
Tokyo Kiraboshi Ends ¥40 Billion New Bank Tokyo Bailout Shadow; Stock Sale Test Looms
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Tokyo Kiraboshi Ends ¥40 Billion New Bank Tokyo Bailout Shadow; Stock Sale Test Looms

Tokyo Kiraboshi Financial Group plans to repurchase and retire the full 2 million Class II preferred shares now owned by the Tokyo Metropolitan Government for ¥40 billion, with the deal set for May 25. This move puts an end to a long-running public-funds issue that has trailed the lender. The board signed off on the buyback and cancellation on Friday, according to the company. The timing matters here. Kiraboshi had originally slated the share redemptions for fiscal 2026 and fiscal 2028. But with business results holding up and its equity ratio likely to remain above the 8.3% stability line, the bank said it could wrap up the process sooner. Preferred shares count as equity but come with special provisions, typically
May 8, 2026
Lidl Loyalty Scheme Backlash: Shoppers Say New Points Don’t Add Up
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Lidl Loyalty Scheme Backlash: Shoppers Say New Points Don’t Add Up

Lidl GB has come under fire from shoppers after ditching its Coupon Plus loyalty program and rolling out Lidl Plus Points. Under the new setup, which went live this week, customers pick up one point for each £1 spent and can redeem those points for discounts or certain products. Instead of hitting monthly spending targets to unlock rewards, users now collect points directly through the Lidl Plus app. Supermarket loyalty schemes are now one of the fiercest weapons in the UK’s grocery price battle. Over the 12 weeks ending April 19, Lidl notched up an 8.8% sales jump, pushing its market share to a record 8.4%—right up alongside Morrisons, Worldpanel by Numerator figures show, as reported by Retail Gazette.
May 8, 2026
Why Sensex Fell 516 Points Today: Oil Shock Pushes Nifty Below 24,200
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Why Sensex Fell 516 Points Today: Oil Shock Pushes Nifty Below 24,200

Friday brought a second day of losses for Indian equities. The Sensex shed 516.33 points, while the Nifty 50 slipped under the 24,200 mark. Fresh U.S.-Iran clashes pushed crude prices higher, erasing much of the earlier relief rally this week. BSE Sensex slipped 0.66% to finish at 77,328.19. The NSE Nifty 50 ended the day off 150.50 points, or 0.62%, settling at 24,176.15. According to NSE data, Nifty was at that exact mark when the clock hit 15:30.
May 8, 2026
Cloudflare’s 1,100 Job Cuts Show How Fast AI Is Rewriting Tech Work
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Cloudflare’s 1,100 Job Cuts Show How Fast AI Is Rewriting Tech Work

Cloudflare plans to slash over 1,100 positions—roughly 20% of its staff—as it shifts focus to agentic artificial intelligence. The San Francisco-based cybersecurity firm is looking at charges between $140 million and $150 million, with most of that likely to hit in the second quarter. Cloudflare shares tumbled roughly 19% in after-hours trading Thursday. The drop followed first-quarter results that topped expectations, but the company’s second-quarter revenue outlook landed just a touch shy of Wall Street’s forecast.
May 8, 2026
Why Nintendo’s Switch 2 Price Hike Is Hitting Now
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Why Nintendo’s Switch 2 Price Hike Is Hitting Now

Nintendo on Friday announced plans to hike Switch 2 prices across Japan, the U.S., and Europe, despite projecting a drop in console sales through March 2027. That marks a notable shift after a strong debut year for the flagship device. Nintendo’s decision is notable: it’s shifting some of the cost burden onto buyers as it works to launch the Switch 2 at the start of its product cycle. The company is bracing for about 100 billion yen in extra costs this financial year, driven mainly by pricier components—memory chips in particular, which are key to game storage and performance—and tariffs, according to its projections.
May 8, 2026
L&T Bags ₹2,500–₹5,000 Crore Realty Orders As Hyderabad, Mumbai And Karnataka Projects Move Ahead
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L&T Bags ₹2,500–₹5,000 Crore Realty Orders As Hyderabad, Mumbai And Karnataka Projects Move Ahead

Larsen & Toubro’s Buildings & Factories unit secured a series of large real-estate contracts from a client, with projects lined up in Hyderabad, Mumbai, and Karnataka. The fresh wins come just days after the Indian contractor flagged that growth could cool due to Middle East disruptions, as it looks to bolster its domestic order book. Timing is key here. L&T, aiming to keep its order momentum alive after projecting 10%–12% revenue and order-book growth for this fiscal year, now faces headwinds as the Middle East conflict disrupts shipments, payments, and puts project execution at risk.
May 8, 2026
Kalyan Jewellers Q4 Results: Profit Jumps 118%, Dividend Declared As Stock Rises
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Kalyan Jewellers Q4 Results: Profit Jumps 118%, Dividend Declared As Stock Rises

Kalyan Jewellers India reported a 118.2% rise in March-quarter profit on Friday and recommended a final dividend, helped by strong wedding and festival demand. The stock rose after the earnings release. The result matters now because investors have been watching whether organised jewellery chains can keep growing while gold prices stay high. It is also a read-through for discretionary spending before the June-quarter wedding season, when Indian jewellery demand usually picks up.
May 8, 2026
Rheinmetall Stock Falls Below €1,300 After JPMorgan Downgrade: Why the Defense Rally Is Cracking
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Rheinmetall Stock Falls Below €1,300 After JPMorgan Downgrade: Why the Defense Rally Is Cracking

Rheinmetall slipped under the 1,300 euro mark on Friday, hitting prices last seen in April 2025. The drop followed JPMorgan’s downgrade of the German defence firm, compounding Thursday’s slide that left the stock at the bottom of the DAX. Shares were off another 5%, extending losses, with Reuters also noting Rheinmetall’s 5% fall after the rating cut. This decline cuts into one of Europe’s marquee defence names, right as questions surface over how quickly all those record orders will actually show up as revenue. Germany is committing 145 billion euros to military spending next year, feeding into a massive 780 billion euro package running to 2030. Still, after two years of strength, the sector’s momentum has eased.
May 8, 2026
Federal Bank EPFO Payments Go Live: What Changes For Employers Paying PF Dues
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Federal Bank EPFO Payments Go Live: What Changes For Employers Paying PF Dues

Federal Bank has rolled out Employees’ Provident Fund Organisation payments on its net-banking portal, offering customers an added digital option for settling Employee Provident Fund dues, according to the bank. The EPF serves as a retirement savings vehicle for much of India’s organised workforce. Timing is key here, with EPFO aiming to route more employer payments straight through direct bank connections. The retirement fund announced last year that starting April 1, 2025, its roster of empanelled banks would expand to 32. Payments made via these banks hit the investment pool on T+1—just one working day after the transaction—whereas payments through an aggregator take T+2.
May 8, 2026
Titan Q4 Results: Profit Jumps 35%, But Costs Steal The Show
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Titan Q4 Results: Profit Jumps 35%, But Costs Steal The Show

Titan Company posted a 35% jump in net profit for the March 31 quarter, but still fell short of profit forecasts on Friday. Higher spending on raw materials and advertising dented margins, even as jewellery demand held firm. Quarterly profit came in at ₹1,179 crore, with one crore equal to 10 million rupees. Titan’s timing is in focus. Investors are eyeing the stock to gauge if surging gold prices are just inflating receipts or actually luring buyers back through the doors. In its April update, the company flagged that jewellery buyer growth swung to high single digits in Q4, a noticeable uptick following almost flat growth across the first three quarters of FY26.
May 8, 2026
IAG Profit Warning: British Airways Owner’s €9 Billion Fuel Bill Puts 2026 Outlook Under Pressure
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IAG Profit Warning: British Airways Owner’s €9 Billion Fuel Bill Puts 2026 Outlook Under Pressure

International Consolidated Airlines Group SA flagged on Friday that it now expects 2026 profit, free cash flow and capacity to fall short of previous guidance, with the British Airways parent feeling the squeeze from rising jet fuel costs linked to the Middle East conflict. Awkward timing for IAG, with peak summer travel right around the corner. The company is weighing how much capacity to put in the air, how much of the fuel price spike it can absorb, and how much to hand off to passengers. IAG now pegs its yearly fuel bill at roughly €9.0 billion and anticipates clawing back about 60% of those higher costs via ticket prices and various cost measures. Free cash flow—money left after business
May 8, 2026
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