News 6 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
Virgin Atlantic Just Cut Dubai Winter Flights as South Africa Gets the Lift
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Virgin Atlantic Just Cut Dubai Winter Flights as South Africa Gets the Lift

Virgin Atlantic plans to drop its seasonal London Heathrow-Dubai flights for the winter 2026 season, blaming “evolving customer demand.” That route had been scheduled to operate from Oct. 26, 2026, through March 27, 2027. While the carrier calls the suspension temporary, Dubai disappears from its next winter schedule. This is a key moment as schedules and ticketed reservations are on the verge of being updated in global distribution systems—the backbone booking tools for travel agents. Virgin said bookings hit by the change would be updated on May 9, and directed ticketed customers to its schedule-change policy for refund details.
May 6, 2026
Airfare Shock Deepens As Jet Fuel Crisis Cuts Two Million Seats Before Summer
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Airfare Shock Deepens As Jet Fuel Crisis Cuts Two Million Seats Before Summer

About 13,000 flights scheduled for May have been axed globally, stripping close to two million seats out of circulation, as fallout from the Iran conflict’s jet fuel surge reaches travelers just ahead of the northern summer rush. The reductions come in under 2% of total global capacity. Still, the impact lands squarely on travelers now, as airlines push fuel volatility from their own ledgers onto customers—translating to fewer available seats, steeper fares, and summer schedules looking shakier than usual. According to Cirium figures reported by The Guardian, Istanbul and Munich saw some of the steepest drops, with Turkish Airlines and Lufthansa leading the pack in cutbacks.
May 6, 2026
Airbus A220 Nears 150-Jet AirAsia Order in Breakthrough for Canada-Made Jet
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Airbus A220 Nears 150-Jet AirAsia Order in Breakthrough for Canada-Made Jet

Mirabel, Quebec, May 6, 2026, 14:13 EDT Malaysia’s AirAsia will lock in a roughly 150-jet order for Airbus’s A220 on Wednesday, according to two sources who spoke with Reuters—a notable boost for the European company’s smallest passenger line. Airbus has teased a “major A220 programme announcement” at its Mirabel facility near Montreal, though it hasn’t officially named the buyer.
May 6, 2026
Why Rheinmetall Stock’s Rebound Suddenly Matters as BioNTech Cuts Up to 1,860 Jobs
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Why Rheinmetall Stock’s Rebound Suddenly Matters as BioNTech Cuts Up to 1,860 Jobs

This week, Germany’s market divide grew sharper. Rheinmetall shares held steady after the company missed revenue projections, sticking with its pitch that a lagging defense boom remains on the horizon. BioNTech, on the other hand, is cutting back its manufacturing footprint as it tries to put the COVID-era surge in the past—and paying for the shift. The German market is in rally mode, but questions around execution remain. DAX added 2.12% to finish at 24,918.69 on Wednesday. Rheinmetall edged up 0.43% to €1,441.60—coming off a 3.40% surge the day before.
May 6, 2026
Cognizant Layoffs: 15,000 Jobs May Be at Risk as Project Leap Puts India Workforce in Focus
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Cognizant Layoffs: 15,000 Jobs May Be at Risk as Project Leap Puts India Workforce in Focus

Cognizant is reportedly preparing to slash between 12,000 and 15,000 jobs globally as part of its Project Leap shake-up, with India likely to absorb the largest share of those reductions, according to several Indian media reports published Wednesday that quoted unnamed sources. The Nasdaq-listed IT services giant hasn’t specified the number of positions that could be impacted. Just days after Cognizant outlined Project Leap’s expected $230 million to $320 million price tag—mostly hitting in 2026—the reports surfaced. The company earmarked $200 million to $270 million for severance and related personnel expenses; severance, in this context, refers to compensation for employees affected by job cuts.
May 6, 2026
Australia Stock Market Today: ASX 200 Jumps as Banks and Miners Power a Rebound
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Australia Stock Market Today: ASX 200 Jumps as Banks and Miners Power a Rebound

May 7, 2026, 03:04 in Sydney Australian shares bounced back on Wednesday, ending a two-day losing streak as the S&P/ASX 200 rallied 1.3% to finish at 8,793. Buyers piled into banks and miners, pushing the benchmark to its strongest performance in almost a month. The index, which tracks 200 of the country’s biggest ASX-listed firms, notched its best session in weeks.
May 6, 2026
UK Stock Market Today: Why FTSE 100 Jumped as Iran Deal Hopes Knocked Oil Lower
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UK Stock Market Today: Why FTSE 100 Jumped as Iran Deal Hopes Knocked Oil Lower

Britain’s stock market surged Wednesday. The FTSE 100 jumped 2.15% to close at 10,438.66, as investors piled into banks, miners, and travel shares, encouraged by speculation of a possible U.S.-Iran deal. The FTSE 250, more focused on domestic firms, climbed 1.7% and reached its best mark in two weeks. Timing is key here. The Iran war’s fallout has pushed up energy costs, stoked inflation concerns, and fueled speculation about higher Bank of England rates. Just a hint of progress toward a deal can take the edge off, even before anything’s finalized. David Morrison, senior market analyst at Trade Nation, described the reaction as a “risk-on” trade—meaning investors are shifting toward assets that do well when economies grow—as markets began to
May 6, 2026
ITA Airways Fares Could Rise 10% as Fuel Shock Tests Lufthansa’s Italy Bet
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ITA Airways Fares Could Rise 10% as Fuel Shock Tests Lufthansa’s Italy Bet

ITA Airways is set to bump up ticket prices by somewhere between 5% and 10% this year as it grapples with surging jet fuel expenses, CEO Joerg Eberhart said. Still, there’s no intention to reduce flights, Eberhart emphasized. According to him, the airline has already locked in about 80% of its fuel requirements through the rest of 2026. “Fuel now costs twice as much as it did before the crisis,” Eberhart cautioned. An ill-timed squeeze for Lufthansa Group: on Wednesday, the airline flagged a 1.7 billion euro hit for the year, blaming the Middle East crisis for driving up kerosene prices. Demand for travel hasn’t budged. Most commercial planes run on kerosene, the company noted.
May 6, 2026
Gold Price Today: Why Silver Suddenly Jumped ₹7,700 And Gold Touched ₹1.52 Lakh
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Gold Price Today: Why Silver Suddenly Jumped ₹7,700 And Gold Touched ₹1.52 Lakh

On Wednesday, Indian bullion prices jumped, snapping their losing streak. Silver outpaced gold, rallying as traders moved back into precious metals following multiple softer sessions. The surge hit futures and spot markets alike. For households, jewellers, and short-term traders, prices moved sharply in one session, shifting the tone around what buyers and sellers are willing to discuss—even if both metals are still trading under their highs from January.
May 6, 2026
Aldi And Lidl Store Expansion Loophole Faces UK Crackdown As Rivals Push CMA
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Aldi And Lidl Store Expansion Loophole Faces UK Crackdown As Rivals Push CMA

Sainsbury’s, Morrisons, and Iceland are ramping up calls for Britain’s competition watchdog to apply land rules to Aldi and Lidl, aiming to curb the discounters’ use of property clauses that keep competitors away. According to the Financial Times, these chains want to block Aldi and Lidl from stopping them opening stores in close proximity. The battle has picked up urgency after the Competition and Markets Authority released consultation feedback on May 5. The regulator is now considering whether Aldi and Lidl fit the bill as “Large Grocery Retailers” under the Groceries Market Investigation Controlled Land Order 2010. Expect provisional findings in July and a ruling finalized by September.
May 6, 2026
PNB Q4 Profit Rises 14%, Dividend Declared: Why Its Rs 2 Lakh Crore Digital Push Matters Now
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PNB Q4 Profit Rises 14%, Dividend Declared: Why Its Rs 2 Lakh Crore Digital Push Matters Now

Punjab National Bank logged a 14.4% jump in net profit for the March quarter, posting Rs 5,225 crore. The state-run lender managed the profit growth despite a drop in core lending income. PNB’s board has also put forward a Rs 3 per equity share dividend for FY26, pending shareholder approval. The timing’s key here: PNB wants investors to look past a weaker spread business and pay attention to loan growth, cleaner credit, and digital origination efforts. Net interest income, or NII—the gap between what it makes on loans and pays out for funds—slipped 3.5% from a year earlier to Rs 10,380 crore.
May 6, 2026
Former WH Smith Stores Face 150-Branch Closure Threat as TG Jones Fights for Survival
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Former WH Smith Stores Face 150-Branch Closure Threat as TG Jones Fights for Survival

TGJones—once WH Smith on the high street—has kicked off a restructuring just months after Modella Capital bought the chain, a move that threatens jobs and could shutter locations. According to The Guardian, eight shops are shutting their doors right away. Reports from the Financial Times and Telegraph suggest up to 150 sites might be in the firing line out of the 450 still open. This move is landing at a rough moment, with UK retailers contending with softer demand and operating costs on the rise. TGJones warned the plan could mean shutting some stores and potential job cuts, but emphasized there’s no final word yet. Modella is backing the effort with over £35 million.
May 6, 2026
Bajaj Auto Q4 Results: ₹5,633 Crore Buyback, ₹150 Dividend And Profit Beat Put Stock In Focus
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Bajaj Auto Q4 Results: ₹5,633 Crore Buyback, ₹150 Dividend And Profit Beat Put Stock In Focus

Bajaj Auto Ltd delivered stronger-than-forecast profit for the March quarter on Wednesday and signed off on its biggest-ever share buyback, putting fresh pressure on investors to weigh the rally in India’s two-wheeler sector. The board cleared a ₹5,633 crore buyback at ₹12,000 per share—a move that involves the company purchasing its own stock from holders. The timing’s notable: Pune-based Bajaj Auto, known for its Pulsar bikes and Chetak scooters, is handing back cash right when homegrown sales, exports, and pricier motorcycles are shouldering a bigger chunk for the sector. Shares edged up ahead of the results, released after the bell.
May 6, 2026
Why Sensex Jumped 941 Points Today As Nifty Topped 24,300
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Why Sensex Jumped 941 Points Today As Nifty Topped 24,300

Indian equities snapped higher on Wednesday, logging their sharpest advance in almost three weeks. The Sensex added 940.73 points by the close, while the Nifty crossed the 24,300 mark, both benchmarks lifted as tumbling oil prices offered relief to a crude-import-heavy economy. Final tallies: BSE Sensex up 1.22% at 77,958.52, NSE Nifty 50 climbing 1.24% to 24,330.95. This shift is significant: crude prices have carried the bulk of macro risk for India throughout the U.S.-Iran standoff. Brent crude—the global yardstick—dropped sharply, with Washington and Tehran reportedly pursuing a memorandum that could outline steps for nuclear negotiations and a potential path out of the conflict.
May 6, 2026
Qualcomm Stock Is Back Near $200. The AI Chip Bet Behind QCOM’s Sudden Rally
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Qualcomm Stock Is Back Near $200. The AI Chip Bet Behind QCOM’s Sudden Rally

Qualcomm climbed roughly 5% early Wednesday in U.S. trading, sending QCOM close to the $200 mark as buyers chased the chipmaker’s AI data-center story and surging automotive business. Shares last changed hands at $196.08, after hitting an intraday high of $200.34. Market cap hovered near $210 billion. This shift is key for Qualcomm, which is looking to reshape its image on Wall Street. The San Diego-based firm has historically been seen as a smartphone-chip specialist, but the stock’s jump this week signals investors are paying closer attention to its push into AI chips, custom silicon, and connected-car segments. Qualcomm shares climbed 8.46% in midday trading Tuesday, according to Investing.com, as buyers came back after the post-earnings dip.
May 6, 2026
Nvidia’s $500 Million Corning Deal Shows AI’s Next Bottleneck Is Fiber, Not Chips
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Nvidia’s $500 Million Corning Deal Shows AI’s Next Bottleneck Is Fiber, Not Chips

SANTA CLARA, Calif., May 6, 2026, 06:05 Nvidia is teaming up with Corning to set up three high-tech optical manufacturing plants across North Carolina and Texas, a move that will tighten the chip giant’s links to the U.S. backbone supporting AI data centers. Corning expects the buildout to add over 3,000 jobs and boost its domestic optical connectivity manufacturing by a factor of ten.
May 6, 2026
Disney Earnings Beat: Disney Stock Jumps as Josh D’Amaro Puts Disney+ and Parks at the Center
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Disney Earnings Beat: Disney Stock Jumps as Josh D’Amaro Puts Disney+ and Parks at the Center

BURBANK, California, May 6, 2026, 06:05 PDT Disney topped analyst expectations on both earnings and revenue Wednesday, giving shares a lift of more than 4% in premarket trading. The company logged adjusted earnings of $1.57 per share with revenue reaching $25.2 billion for the quarter that closed March 28—outperforming LSEG data forecasts of $1.49 and $24.78 billion, Reuters reported. Streaming gains and robust park spending helped anchor new CEO Josh D’Amaro’s opening moves.
May 6, 2026
Siemens Stock Jumps as UBS Buy Call Puts One-Week Earnings Test in Focus
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Siemens Stock Jumps as UBS Buy Call Puts One-Week Earnings Test in Focus

Siemens shares climbed on Wednesday, rising 3.65% to 270.00 euros by 13:55 CEST, as the German industrial group recovered from recent weak sessions and outpaced a strong DAX market. The stock remained just 2.09% below its 52-week high of 275.75 euros. The move matters because it comes one week before Siemens reports second-quarter results, a release investors are likely to use to test whether demand in automation, electrification and industrial software is still strong enough to support the stock’s run. Siemens has said it will publish fiscal second-quarter figures on May 13.
May 6, 2026
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