News 7 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 15, 2026, 12:09 AM EDT Survey Finds Workplace Hygiene Still Lags for Many Australians July 14, 2026, 11:57 PM EDT. Australian offices are still seeing poor hygiene, a new iSelect survey shows. Despite more talk since 2020, 44.8% of people said they use shared office equipment without cleaning it. About 32.2% said they use their phones in toilets, helping germs spread. Nearly a quarter, or 24.4%, go to work even while contagious. Skipping handwashing after the bathroom is reported by 17.9%, and 17.1% don’t cover up when they cough or
July 14, 2026
Oil Prices Are Falling. Germany’s Cars And Buses Still Face A Hidden Supply Shock
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Oil Prices Are Falling. Germany’s Cars And Buses Still Face A Hidden Supply Shock

High-grade base oils—an obscure yet essential ingredient for lubricants—are turning hard to find for some German automakers, despite lower crude prices sparked by optimism around a potential U.S.-Iran agreement. According to Argus Media, as cited by N-tv, supplies of Group III base oils, the type required for the synthetic motor oils in modern engines, are already running thin for certain manufacturers. Right now, oil prices reflect hopes for peace even as supply lines lag behind. Brent crude climbed 0.7% to $101.98 a barrel at 1:36 p.m. EDT, according to Reuters, having earlier dropped over $5 for both main contracts. The move followed news that Iran rejected what it described as an unrealistic U.S. proposal to reopen the Strait of Hormuz.
May 7, 2026
Coinbase Has a Wall Street Problem: Morgan Stanley’s E*Trade Crypto Fees Turn Up the Heat
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Coinbase Has a Wall Street Problem: Morgan Stanley’s E*Trade Crypto Fees Turn Up the Heat

Morgan Stanley is rolling out crypto trading on ETrade, slashing prices and putting Coinbase Global under new pricing strain. The Wall Street bank is charging 50 basis points per crypto trade, Bloomberg reported, and intends to extend access to all 8.6 million ETrade clients before the year’s out. Coinbase, the biggest U.S. crypto exchange, is now facing direct competition from a firm with a massive brokerage customer base. The shift is happening: crypto is edging into standard brokerage accounts, alongside stocks, ETFs, and cash. Morgan Stanley last year announced plans for E*Trade clients to trade bitcoin, ether, and solana via Zerohash, its digital-asset backbone. Coinbase, meanwhile, will release its first-quarter numbers after Thursday’s close.
May 7, 2026
Australia Stock Market Today: ASX 200 Jumps as Miners Surge and Energy Stocks Sink
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Australia Stock Market Today: ASX 200 Jumps as Miners Surge and Energy Stocks Sink

Australian shares finished Thursday up almost 1%, pushing their rebound to a third session. Miners drove the advance, while energy stocks slipped after crude oil prices eased on hopes for a U.S.-Iran agreement. Right now, the market’s recalibrating as it digests the oil shock that reignited inflation concerns and put rates back in the spotlight. Brent crude slipped under the $100 mark on Thursday, with traders eyeing the potential for a deal that might slowly restore access through the Strait of Hormuz—the Gulf chokepoint critical to world oil shipments.
May 7, 2026
UK Stock Market Today: FTSE 100 Slides as Shell, BP and BAE Drag London Lower
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UK Stock Market Today: FTSE 100 Slides as Shell, BP and BAE Drag London Lower

The FTSE 100 tumbled 1.6% to 10,276.95 on Thursday, reversing some of the prior gains as heavyweights Shell, BP, and defense stocks dragged the index lower. Investors pulled back after the recent rally. The FTSE 250, focused more on the UK domestic market, managed a slim 0.2% rise. London’s market is caught in a tug-of-war: oil dropping under $100 brings a slight break for inflation, but energy shares take the hit. On top of that, a stronger pound chips away at FTSE heavyweights’ overseas revenues once converted. Investors are also watching as Prime Minister Keir Starmer faces a political hurdle.
May 7, 2026
Suncor’s C$2.1 Billion Profit Reveals Canada’s Jet-Fuel Opening
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Suncor’s C$2.1 Billion Profit Reveals Canada’s Jet-Fuel Opening

Suncor Energy Inc. is capitalizing on tighter global fuel supplies, lifting sales of jet fuel and diesel made in Canada—first-quarter net earnings hit C$2.1 billion, and refined product sales topped out at a record 680,900 barrels per day. According to The Canadian Press, those cargoes are landing in places like Puerto Rico, the Philippines, the Caribbean, and Europe. Timing is key here. As fuel security takes center stage—beyond just crude supplies—Middle East volatility has sent oil prices whipping around, opening a window for refiners able to move product and reach export markets to snag premium pricing. Suncor, according to Reuters, topped Wall Street’s forecasts thanks to increased production and refinery runs, which cushioned the blow of oil-market turbulence.
May 7, 2026
Bank of Nova Scotia Stock Hits 52-Week High: Why the BNS Rally Faces a Harder Test
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Bank of Nova Scotia Stock Hits 52-Week High: Why the BNS Rally Faces a Harder Test

Bank of Nova Scotia’s U.S. shares hit a fresh 52-week high Thursday, as Scotiabank’s earnings rebound drew investor attention. According to MarketBeat, BNS touched $78.66 before settling at $78.4490, trading 1.68 million shares. A later quote had the price at $78.475, after a session peak of $78.98. The rally has real weight here, with the stock now bumping up against valuation metrics investors track to decide if the rebound has run its course. According to Simply Wall St, shares hovered near CA$106.92, fueled by a 9.39% jump over the past month and a hefty 61.77% total return for the year—a dramatic move for a bank still aiming to convince on its streamlined strategy.
May 7, 2026
Google’s $99 Fitbit Air Takes Aim At Whoop As Fitbit App Gets Replaced
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Google’s $99 Fitbit Air Takes Aim At Whoop As Fitbit App Gets Replaced

MOUNTAIN VIEW, California, May 7, 2026, 08:10 Google kicked off pre-orders Thursday for the Fitbit Air, a new screenless fitness tracker carrying a $99.99 price tag. The company also announced plans to rebrand the Fitbit app as Google Health, signaling a bigger move toward an AI-focused health platform. The Air lands in U.S. stores May 26; users will see the app transition starting May 19.
May 7, 2026
Norwegian Cruise Outlook Cut Exposes Fuel Squeeze and Booking Gap
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Norwegian Cruise Outlook Cut Exposes Fuel Squeeze and Booking Gap

Norwegian Cruise Line Holdings slashed its full-year profit outlook, warning investors of a tougher year as higher fuel costs and sluggish bookings in Europe disrupt its recovery. The Miami-based company now sees adjusted earnings per share for the year coming in between $1.45 and $1.79—a significant pullback from the previous $2.38 forecast, and a deeper cut than rivals have signaled. The cut stands out because, frankly, Q1 wasn’t the issue here. Revenue climbed 10% to $2.3 billion, and adjusted earnings actually topped the company’s forecast. Adjusted EBITDA also moved up 18% to $533 million. What’s getting investors’ attention now? The booking gap, higher fuel costs, and management’s flag about softening summer demand, with Europe looking especially shaky.
May 7, 2026
Disney Stock Rises as Josh D’Amaro’s First Earnings Report Beats Wall Street
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Disney Stock Rises as Josh D’Amaro’s First Earnings Report Beats Wall Street

Walt Disney shares climbed early Thursday, gaining about 1.7% to $109.92 right after the New York market opened. The move followed a quarterly beat, with newly installed CEO Josh D’Amaro, in his first earnings call, laying out a growth strategy tightly focused on streaming, ESPN, and the core theme parks business. The clock is ticking for D’Amaro, who took over from Bob Iger in mid-March. He’s under pressure to convince investors that Disney’s streaming operation can start delivering real, lasting profits, even as the company’s legacy TV division contracts and its theme parks deal with weaker international visitor numbers and new rivals in Orlando.
May 7, 2026
IREN Earnings Today: Why the AI Cloud Stock Faces Its First Big Test After Mirantis Deal
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IREN Earnings Today: Why the AI Cloud Stock Faces Its First Big Test After Mirantis Deal

Thursday’s quarterly update from IREN Limited is shaping up as an early measure of whether the former bitcoin miner’s aggressive, expensive pivot to AI infrastructure will start delivering more reliable revenue. Awkward timing, but significant. IREN rolled out news of its Mirantis partnership, fired up a big Texas power facility, and it’s still adding to its Nvidia chip pile. Analysts, though, are sticking with forecasts for a quarterly loss, and investors are scanning the results to see whether Microsoft’s AI push is moving the needle yet.
May 7, 2026
Nintendo’s Surprise Star Fox Switch 2 Reveal Has a $49.99 Twist Players Will Notice
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Nintendo’s Surprise Star Fox Switch 2 Reveal Has a $49.99 Twist Players Will Notice

Nintendo plans to launch Star Fox for Nintendo Switch 2 on June 25, bringing Fox McCloud back with a remake of Star Fox 64 that features overhauled visuals, updated cutscenes, new voice acting, and a $49.99 digital price tag in the U.S. Nintendo has slotted another in-house release onto the Switch 2’s summer schedule, which is quickly filling up: Yoshi and the Mysterious Book lands May 21, with Star Fox set for June 25, Rhythm Heaven Groove following on July 2, and Splatoon Raiders arriving July 23. There’s a clear strategy here—exclusives like these are still crucial for console makers when that initial launch hype fades.
May 7, 2026
Warren Buffett’s Japan Bet Just Crossed a Line as Berkshire Tops 10% in Sumitomo and Marubeni
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Warren Buffett’s Japan Bet Just Crossed a Line as Berkshire Tops 10% in Sumitomo and Marubeni

Berkshire Hathaway increased its voting stakes in both Sumitomo Corp and Marubeni to over 10%, doubling down on its investment in Japanese trading companies. The move comes just days after new Chief Executive Greg Abel assured shareholders the U.S. conglomerate would take a patient approach with its capital. According to Sumitomo, Berkshire’s National Indemnity bumped its voting stake to 10.05% as of May 7, rising from 9.30% on March 10. Over at Marubeni, the same Berkshire insurer reached 10.10% as of May 6, an increase from 9.32%. That pushed National Indemnity into major shareholder territory—now the company’s biggest.
May 7, 2026
Star Health’s Cheaper Insurance Bet Meets Claims Scrutiny as Payouts Jump
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Star Health’s Cheaper Insurance Bet Meets Claims Scrutiny as Payouts Jump

Star Health and Allied Insurance is set to roll out two budget health insurance offerings aimed at smaller Indian cities within this fiscal year, targeting price-conscious consumers as higher payouts and a recent consumer-forum directive put its claims process under the microscope. Timing, here, is crucial. Health insurance policyholders are contending with steeper hospital charges, and according to Star Health Managing Director and CEO Anand Roy in comments to the Economic Times, “annual hikes on health insurance premiums are here to stay.” The sector is being squeezed by medical inflation running at 13% to 14% annually. Medical inflation captures rising costs tied to treatment, hospitals, and healthcare services.
May 7, 2026
Binance Online May 13 Agenda Revealed: CZ, BlackRock COO And Crypto Leaders Join Global Livestream
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Binance Online May 13 Agenda Revealed: CZ, BlackRock COO And Crypto Leaders Join Global Livestream

On May 13, Binance plans to host a “Binance Online” event lasting more than four hours, lining up founder Changpeng Zhao, co-CEOs Yi He and Richard Teng, BlackRock COO Rob Goldstein, Ripple CEO Brad Garlinghouse, and Solana Foundation President Lily Liu for the same public schedule. The event kicks off at 11:00 UTC on Binance Square, which is the company’s own content and social hub. The timing is key here: Binance is pushing to shift its narrative toward institutions, AI, and tokenization—moving beyond just retail crypto trading. Tokenization refers to putting ownership or claims on assets, like securities or funds, onto a blockchain.
May 7, 2026
Norway Reopens Three North Sea Gas Fields, Exposing Europe’s Gas Dilemma
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Norway Reopens Three North Sea Gas Fields, Exposing Europe’s Gas Dilemma

Norway has signed off on plans to restart production at three North Sea gas fields that have been shuttered for years, targeting a boost to European supply as the region looks to replace Russian gas amid war and supply disruptions. According to the Energy Ministry, redevelopment of the Albuskjell, Vest Ekofisk, and Tommeliten Gamma fields is moving ahead, with first gas projected for late 2028. Timing is key here: since Russia’s full-scale invasion of Ukraine in 2022, Norway has taken over as Europe’s top pipeline gas supplier. Tensions in the Middle East have only sharpened concerns about energy security. “Norwegian oil and gas output was ‘an important contribution to energy security in Europe,’” Energy Minister Terje Aasland said, emphasizing that
May 7, 2026
Emirates Just Bought 29 Airbus A380s. Its Superjumbo Bet Is Not Over
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Emirates Just Bought 29 Airbus A380s. Its Superjumbo Bet Is Not Over

In its 2025-26 financial year, Emirates shifted gears, snapping up 29 Airbus A380s and five Boeing 777s as their leases wrapped up—effectively bringing more of its fleet in-house rather than leasing. The world’s largest A380 operator is doubling down on the double-decker, putting more faith in the jet. The deals stand out, given the A380’s production line has shut down and fresh wide-body slots are scarce. Airbus made it official back in 2019, announcing deliveries would wrap up in 2021 after Emirates trimmed its commitments. That decision effectively left carriers seeking ultra-large jets with slim pickings for new aircraft.
May 7, 2026
Trent Bonus Share Date Changed: Zudio Parent Sets June 4 Cut-Off For 1:2 Issue
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Trent Bonus Share Date Changed: Zudio Parent Sets June 4 Cut-Off For 1:2 Issue

Trent Ltd pushed back the record date for its 1:2 bonus share issue to June 4, after originally setting it for May 29. Investors now have until the new deadline to qualify for the Tata Group retailer’s first-ever bonus issue. The shift was announced by the company in a May 6 exchange filing. The timing is crucial here: the record date determines which shareholders are on the books when a company finalizes a corporate action. For Trent, that 1:2 bonus translates to investors picking up one extra equity share for every two fully paid shares in their account, pending the green light from shareholders and regulators.
May 7, 2026
ITM Power Stock Rally Faces Its Biggest Test Yet After Morgan Stanley’s 170p Call
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ITM Power Stock Rally Faces Its Biggest Test Yet After Morgan Stanley’s 170p Call

ITM Power shares spent Thursday trading just shy of Morgan Stanley’s freshly set 170p target, with their recent surge pushing the Sheffield-based hydrogen equipment firm to a price zone German market trackers call a three-year peak. Late morning in London, the stock stood at 170.4p, having climbed as high as 172.9p Wednesday and 173.1p Tuesday. According to boerse.de, the German listing hit a fresh three-year top of 1.94 euros back on May 6. ITM’s shares find themselves caught between two opposing pressures: a major Wall Street bank has issued an unusually bullish recommendation, while the company is still waiting for UK officials to finalize funding for Chronos, its upcoming electrolyser stack. Electrolysers—these devices split water into hydrogen and oxygen using
May 7, 2026
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