News 5 May 2026 - 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
Nationwide £100 Payout: Halifax Loses 25,629 Customers as UK Bank Switching Jumps 43%
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Nationwide £100 Payout: Halifax Loses 25,629 Customers as UK Bank Switching Jumps 43%

Nationwide came out on top with a net gain of 64,527 current-account customers in the last quarter of 2025, leading all UK banks, according to the latest switching figures. Halifax lost 25,629 customers over the same stretch. Current accounts—used daily for wages, cards, and bill payments—remain a key battleground for providers. Timing is key here. From January through March, 319,529 people used the Current Account Switch Service, a jump of 43% compared to the same stretch last year, with households chasing improved rates, new app tools, and sign-up bonuses. CASS promises all payments will be transferred and anything sent to the old account redirected—seven working days, start to finish.
May 6, 2026
Oil Below $100 as Trump’s Hormuz Pause Puts Iran Deal Back in Play
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Oil Below $100 as Trump’s Hormuz Pause Puts Iran Deal Back in Play

Oil slid under the $100 mark Wednesday, with global equities moving higher, as President Donald Trump halted a U.S. naval operation in the Strait of Hormuz. That decision opened the door wider for negotiations to end the conflict with Iran. The swing in prices picked up after Tehran indicated ships could once again transit the strait—though the new passage rules remain murky. This isn’t some minor channel. About 20% of the world’s energy passes through Hormuz, so when the strait was nearly closed, refineries and fuel buyers started drawing on stockpiles, and traders quickly adjusted prices to reflect a broader supply hit.
May 6, 2026
Samsung Hits $1 Trillion Market Cap as AI Chips Boom—and Galaxy Profits Feel the Squeeze
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Samsung Hits $1 Trillion Market Cap as AI Chips Boom—and Galaxy Profits Feel the Squeeze

On Wednesday, Samsung Electronics’ common shares surged past $1 trillion in market value, putting the South Korean memory-chip giant right behind Taiwan Semiconductor Manufacturing Co. as the second Asian firm to reach that level. Investor appetite for artificial intelligence chips fueled the rally, sending Seoul’s KOSPI index over the 7,000 mark for the first time. This milestone’s significance comes from memory chips shifting out of their old cyclical parts role, taking center stage within AI infrastructure. Markets are assigning Samsung and SK Hynix valuations that reflect their newfound status—not just as hardware makers, but as critical choke points in the global drive to expand AI data centers.
May 6, 2026
Cathie Wood’s $1.5 Million Bitcoin Call Is Back as ARK Sees $28 Trillion Crypto Market by 2030
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Cathie Wood’s $1.5 Million Bitcoin Call Is Back as ARK Sees $28 Trillion Crypto Market by 2030

ARK Invest, headed by Cathie Wood, is sticking to its bullish bitcoin outlook—this time projecting that the digital asset could push the entire crypto market up to $28 trillion by 2030. The call comes as institutional interest circles back to crypto trades. Timing matters here. Bitcoin is trading over $80,000 again after its recent slide, and U.S. spot bitcoin ETFs just pulled in $467.35 million in fresh inflows Tuesday, according to FXStreet, which cited SoSoValue.
May 6, 2026
KPMG Job Cuts Expose Big Four Pressure as Staff Uproar Builds
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KPMG Job Cuts Expose Big Four Pressure as Staff Uproar Builds

KPMG’s efforts to trim costs are drawing fire from its UK workforce, as frustration mounts over the handling of a current redundancy process. According to City A.M. on Wednesday, employees affected by the UK consultation have criticized what they describe as inadequate communication from management. A KPMG spokesperson, for their part, maintained that the firm “continues to support our people throughout the consultations.” Timing is key here. KPMG’s U.S. unit had already slashed roughly 4% of its advisory staff, trimmed its audit partner roster, and exited federal audit contracts—making what could have been isolated payroll shifts into a larger experiment in how the firm handles staffing in a post-pandemic world. The UK complaints landed right as these changes were unfolding.
May 6, 2026
UK & AU Stock Market Today: Live Updates 06.05.2026
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UK & AU Stock Market Today: Live Updates 06.05.2026

LIVEMarkets rolling coverageStarted: May 6, 2026, 12:00 AM EDTUpdated: May 6, 2026, 11:56 PM EDT ASX 100 Banking Stocks Maintain Market Focus Amid Investor Interest May 6, 2026, 11:56 PM EDT. ASX 100 banking stocks continue to dominate investor attention on the Australian Securities Exchange due to their significant role in the economy and market capitalization. These financial institutions are closely watched for their earnings reports, loan growth, and interest rate sensitivity. Despite market volatility, banking stocks provide insights into broader economic health. Investors monitor these shares for potential impacts from regulatory changes and economic policy developments. The sector's performance
May 6, 2026
S&P 500 and Nasdaq Hit Records on AI Chip Rally. Japan’s Holiday Market Is Next
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S&P 500 and Nasdaq Hit Records on AI Chip Rally. Japan’s Holiday Market Is Next

AI chipmakers and sliding oil prices helped snap Wall Street out of its early-week slump, driving both the S&P 500 and Nasdaq to new closing records on Tuesday. The S&P 500 notched a 58.47-point gain, ending at 7,259.22. The Dow Jones Industrial Average tacked on 356.35 points, finishing at 49,298.25. As for the Nasdaq composite, it advanced 258.32 points to close at 25,326.13. With Tokyo’s cash equities market closed for Golden Week, only futures and offshore orders are picking up the slack until Japan comes back online. May 6 shows up as Constitution Memorial Day on the Japan Exchange Group’s calendar, so cash trading is paused, but the Osaka derivatives market keeps holiday hours from May 4 through May 6.
May 6, 2026
Reddit Mobile Website Block Sparks Backlash as App Download Prompt Freezes Browsing
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Reddit Mobile Website Block Sparks Backlash as App Download Prompt Freezes Browsing

Reddit is experimenting with a mobile-web prompt that stops certain users from viewing content unless they install its app, pushing beyond the usual app-install reminders. A spokesperson told Futurism this test targets “a small subset of frequent mobile web users,” citing data showing “the experience is much better for them in the app.” Timing is key here. Reddit last week posted first-quarter revenue of $663 million, marking a 69% jump from the same period last year. Advertising revenue climbed even faster, up 74% to $625 million. Daily active uniques—the count of unique users hitting the site or app each day—grew 17% to 126.8 million.
May 6, 2026
GameStop’s $56 Billion eBay Bid Turns Ryan Cohen’s Amazon Ambition Into a Market Test
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GameStop’s $56 Billion eBay Bid Turns Ryan Cohen’s Amazon Ambition Into a Market Test

GRAPEVINE, Texas, May 5, 2026, 17:21 GameStop CEO Ryan Cohen is trying to buy eBay for about $55.5 billion, a surprise offer that would move the video-game retailer far beyond its store base and into the center of online resale. The bid is not a signed deal; GameStop called it a non-binding proposal at $125 a share in cash and stock.
May 6, 2026
AMD Stock Jumps as AI Demand Sends Q2 Forecast Past Wall Street
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AMD Stock Jumps as AI Demand Sends Q2 Forecast Past Wall Street

SANTA CLARA, California, May 5, 2026, 14:02 Advanced Micro Devices shares jumped 5.5% after hours on Tuesday, with the chipmaker projecting second-quarter revenue of roughly $11.2 billion, give or take $300 million—easily topping the $10.52 billion analysts had expected, according to LSEG. The upbeat guidance comes as demand for AMD’s data-center chips—key components in artificial intelligence systems—remains robust.
May 5, 2026
Vivo X300 FE, X300 Ultra Launch Today: Zeiss Zoom Sets Up India’s Next Premium Phone Fight
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Vivo X300 FE, X300 Ultra Launch Today: Zeiss Zoom Sets Up India’s Next Premium Phone Fight

Vivo will roll out its X300 Ultra and X300 FE models in India this Wednesday, marking the debut of the Ultra series in the country and introducing the compact FE variant, which centers on Zeiss telephoto capabilities. Both phones are due for a noon reveal, local sources confirm. Timing is key here. India’s budget smartphone segment is losing steam, just as brands pivot to premium devices to keep margins intact—higher specs, higher costs. Last month, Reuters highlighted Counterpoint Research data showing a 3% drop in India smartphone shipments in the first quarter, marking the lowest point in six years. Higher prices and weaker demand clipped sales.
May 5, 2026
Vedanta Demerger Countdown: 4 New Stocks Could Trade By Mid-June As Investors Wait For Price Discovery
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Vedanta Demerger Countdown: 4 New Stocks Could Trade By Mid-June As Investors Wait For Price Discovery

Vedanta Ltd plans to seek listing approval on the stock exchanges for four spun-off units next week, CEO Deshnee Naidoo of Vedanta Resources said following the company’s quarterly results. Trading for the new companies could kick off by mid-June, she added. The group’s demerger—splitting the miner into separate businesses—has now cleared its May 1 record date, so investors are waiting for the new shares to hit the market. That timing makes a difference: Vedanta’s remaining shares are already changing hands, but the aluminium, power, oil and gas, and iron-and-steel businesses are still sidelined. Until those new entities start trading on the BSE and NSE, shareholders are left holding value they can see on paper, but can’t price in the open
May 5, 2026
Airline Cancellations Hit May Travel: 2 Million Seats Cut as Jet Fuel Crisis Threatens Summer
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Airline Cancellations Hit May Travel: 2 Million Seats Cut as Jet Fuel Crisis Threatens Summer

Airlines worldwide have slashed close to 2 million seats and roughly 13,000 flights from May schedules—a swift retreat ahead of the summer rush, as jet fuel prices and supply concerns bite. These cuts are landing right as UK and European half-term holiday travel picks up. Timing is key. Airlines were still tweaking May schedules as late as April, Cirium figures show. International seat counts slipped from over 132 million on April 10 down to around 130 million by April 21, with more than 13,000 planned flights cut in the process. Cirium also reports European jet fuel prices have surged, more than doubling in the six weeks since late February.
May 5, 2026
Unilever Stock Drops 3% as Cost Fears Test Dove Maker’s Turnaround
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Unilever Stock Drops 3% as Cost Fears Test Dove Maker’s Turnaround

Unilever PLC slipped 3.23% to £42.65 in London trading Tuesday, lagging the FTSE 100’s decline and drawing attention to renewed pricing plans from the Dove brand owner after its Q1 sales surprise. Market data put the shares 23.05% under their 52-week peak. Timing could hardly be trickier for Unilever. Chief Executive Fernando Fernandez is in the thick of persuading investors that a leaner operation—focused more heavily on beauty, personal care, and household goods—will finally deliver faster growth after years of choppy volumes and relentless reshuffling.
May 5, 2026
Rolls-Royce Holdings Share Price Bucks FTSE 100 Rout as 2026 Guidance Holds
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Rolls-Royce Holdings Share Price Bucks FTSE 100 Rout as 2026 Guidance Holds

Shares of Rolls-Royce Holdings plc managed a slight climb in London on Tuesday, bucking the broader UK market’s slide. Investors seemed reassured by the company’s reiterated targets for profit and cash flow in 2026. According to Hargreaves Lansdown, the stock closed up 0.23% at 1,196.40p/1,197.00p, even as the FTSE 100 lost 1.4%. The drop drew attention, coming as HSBC’s unexpected loss, spiking energy prices, and renewed U.S.-Iran tensions weighed on sentiment. According to Reuters, the blue-chip FTSE 100 fell to 10,219.1 points—marking its sharpest daily slide since late March.
May 5, 2026
Aviva And Legal & General Shares Slide As Jefferies Warns UK Insurer Dividend Trade Is Losing Its Edge
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Aviva And Legal & General Shares Slide As Jefferies Warns UK Insurer Dividend Trade Is Losing Its Edge

Shares of Aviva and Legal & General dropped Tuesday after Jefferies downgraded both FTSE 100 insurers, flagging a more cautious stance toward the UK insurance space known for steady dividends and capital returns. The broker shifted Aviva down to Hold from Buy, and moved Legal & General to Underperform from Hold, based on the note cited in reports. The clock is ticking. Investors have already pushed up parts of the sector on high yields, buybacks, and tighter growth targets. Legal & General slipped 3.41% to £2.46 at the close, with Aviva down 2.42% at £6.12; both lagged a sluggish FTSE 100, which lost 1.40%.
May 5, 2026
Reliance Jamnagar Refinery Shutdown: Why India’s Fuel Supply Faces a Mid-May Test
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Reliance Jamnagar Refinery Shutdown: Why India’s Fuel Supply Faces a Mid-May Test

Reliance Industries is set to take down a crude unit and several secondary units at its 660,000 bpd Jamnagar refinery for three to four weeks starting later this month, four sources said, putting one of India’s biggest fuel plants offline for planned maintenance during a tricky patch for the country’s energy supply. Quantum Commodity Intelligence said Reliance postponed the shutdown, now aiming to begin work on the Jamnagar domestic tariff area crude unit in mid-May. Timing is critical here, with India still working to maintain fuel supplies as supply chains stay stretched. On Monday, Reliance announced it’s scaling back alkylates output—the high-octane gasoline blendstock—and shifting feedstock to ramp up liquefied petroleum gas, or LPG, production. Reliance said LPG output has
May 5, 2026
DoorDash Just Opened Kroger Delivery to SNAP Users. Here’s What Changes
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DoorDash Just Opened Kroger Delivery to SNAP Users. Here’s What Changes

DoorDash has started letting U.S. shoppers use Supplemental Nutrition Assistance Program benefits for eligible Kroger grocery deliveries across nearly 2,700 Kroger-family stores, including Ralphs, Fred Meyer, Mariano’s and Harris Teeter, the company said. SNAP is the federal food-aid program for low-income households; EBT, or Electronic Benefit Transfer, is the card system used to spend those benefits. The launch matters now because online grocery is becoming a bigger fight for delivery apps, not just a side business. DoorDash says more than 4.5 million consumers have added a SNAP card to its app, and more than 57,000 stores on its marketplace now accept SNAP/EBT payments.
May 5, 2026
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