News 10 March 2026 - 11 March 2026

Etihad Orders 10 Boeing Jets, Raising Talk of Hard-to-Get 787 Slots
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Stock Market Today: Live Updates 16.07.2026

LIVEMarkets rolling coverageStarted: July 16, 2026, 4:00 AM EDTUpdated: July 16, 2026, 1:57 PM EDT London Market Faces Pressure as UK Firms Targeted in Takeover Binge July 16, 2026, 1:52 PM EDT. Three UK-listed companies got snapped up on Thursday: Rotork was sold to Swiss ABB for £4.1bn, Gooch & Housego went to a US investor for £346m, and Ramsdens is getting bought by a US group for £230m. These latest deals are piling onto the wave of takeovers and listing moves that have taken £285bn out of London since 2023, but the market has only pulled in £6bn in
July 16, 2026
CSL Limited Breaks Ground on $1.5 Billion Illinois Plant as Turnaround Pressure Builds
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CSL Limited Breaks Ground on $1.5 Billion Illinois Plant as Turnaround Pressure Builds

MELBOURNE, March 11, 2026, 09:36 AEDT CSL Limited has kicked off construction on a $1.5 billion expansion at its Kankakee, Illinois, plant, sharpening its focus on the business segment leaders hope will fuel future growth. The project targets increased production of plasma-derived therapies—drugs sourced from proteins in donated human plasma—and is set to come online by 2031, bringing at least 300 new pharma jobs with it.
March 11, 2026
South32 Ltd Looks to Bypass China for Arizona Zinc as Hermosa Nears U.S. Approval
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South32 Ltd Looks to Bypass China for Arizona Zinc as Hermosa Nears U.S. Approval

South32 Ltd plans to steer zinc from its proposed $2.16 billion Hermosa project in Arizona toward smelters in North America, skipping Chinese processors as the development clears a new permitting hurdle. “We will prioritize domestic and regional smelters,” said Pat Risner, president of South32 Hermosa, referring to production expected to begin later this decade. Timing is key here: Washington wants to ramp up domestic critical-mineral supply. On March 4, Reuters reported the Pentagon reached out to mining firms, seeking help to shore up U.S. reserves of 13 essential minerals. South32’s plan to link Arizona mine production with processing in North America lines up with that strategy.
March 11, 2026
Telstra Group Limited warns Australia map rules could cut 1 million sq km from coverage claims
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Telstra Group Limited warns Australia map rules could cut 1 million sq km from coverage claims

Telstra Group ramped up its opposition to Australia’s draft mobile coverage-map standard on Wednesday, claiming the plan would wrongly label regions where 1.5 million customers use its network each month as lacking service. The protest followed the release of industry feedback by the Australian Communications and Media Authority on March 10, with the Australian Competition and Consumer Commission also throwing support behind stricter mapping requirements. This fight comes to a head with ACMA under deadline—March 31 to lock in the standard, then roll it out by June 30. Telstra warns, if the regulator holds the line on its threshold, it could be forced to slash some 1 million square km from the coverage maps crucial for winning customers and sales
March 11, 2026
Suncorp Pushes Ahead With Buyback After Storm-Hit Half, Sets A$14.32 DRP Price
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Suncorp Pushes Ahead With Buyback After Storm-Hit Half, Sets A$14.32 DRP Price

Suncorp Group stepped in on Tuesday, scooping up 1.19 million shares for A$17.17 million. In a separate update posted late Monday, the insurer locked in its interim dividend reinvestment price at A$14.32 per share. Fresh filings highlight that Suncorp is keeping capital flowing back to investors, even after a storm-battered half. Right now, the focus is on just how much capital insurers can return to shareholders, especially after weather-related hits took a bite out of Australian earnings. Based on the buyback filing and Reuters math, Suncorp’s buyback tally sits at around A$223.9 million for 12.27 million shares so far. That leaves approximately A$176.1 million to go if management aims to hit its A$400 million fiscal 2026 buyback target.
March 11, 2026
Pro Medicus Ltd locks in A$40 million U.S. renewals as MedStar adds heart-imaging tools
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Pro Medicus Ltd locks in A$40 million U.S. renewals as MedStar adds heart-imaging tools

Pro Medicus announced Monday its U.S. arm locked in two renewed imaging software deals totaling at least A$40 million. The bigger slice, an A$31 million extension with MedStar Health, will bring new heart-imaging capabilities. Another A$9 million contract covers a renewal with Zwanger-Pesiri, a radiology group on Long Island. Both renewals locked in higher per-transaction fees, and there’s still upside if scan volumes climb. They also push Pro Medicus further into the U.S. market, while the MedStar deal now stretches into cardiology.
March 11, 2026
Northern Star Resources Ltd shares rebound with gold rally, but guidance cuts still loom
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Northern Star Resources Ltd shares rebound with gold rally, but guidance cuts still loom

Northern Star Resources Ltd climbed 2.6% on Tuesday, bouncing back alongside other Australian gold stocks as the local market found footing after Monday’s oil-driven drop. Evolution Mining was up 3.1%. Australia’s gold-stock index moved 2.5% higher, with the ASX 200 regaining 1.6%. Northern Star’s shares continue to feel the weight of January’s reset. The company flagged a disappointing December quarter and unexpected downtime — the big hit was a primary crusher breakdown at its Kalgoorlie Consolidated Gold Mines, or KCGM, site — which led management to lower its FY26 production forecast. Guidance now sits at 1.6 million to 1.7 million ounces, trimmed from the earlier range of 1.7 million to 1.85 million.
March 11, 2026
NASA satellite crash today: Van Allen Probe A heads for Earth years earlier than expected
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NASA satellite crash today: Van Allen Probe A heads for Earth years earlier than expected

NASA’s Van Allen Probe A, which retired after nearly 14 years in orbit, was expected to drop back through Earth’s atmosphere Tuesday evening. The U.S. Space Force pegged the re-entry for around 7:45 p.m. EDT. The agency said the bulk of the 1,323-pound satellite should incinerate on the way down, but some pieces could make it through. The timing is pressing: this re-entry’s happening within hours, and there’s no set target for where debris might hit if it makes it to the ground. NASA’s calculated the odds of anyone getting hurt at roughly 1 in 4,200. That’s low, but not nothing.
March 11, 2026
Wesfarmers Limited’s Bunnings Expands Auto Range With 500 New Products in Fresh Growth Push
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Wesfarmers Limited’s Bunnings Expands Auto Range With 500 New Products in Fresh Growth Push

SYDNEY, March 11, 2026, 10:10 AEDT. Bunnings, owned by Wesfarmers, plans to boost its automotive offering by 500 new products and expand the section’s floor space by about 30% throughout Australia and New Zealand, according to a March 9 statement. The upgrade, rolling out in March and April, brings the chain’s in-store auto selection to over 1,200 items at more than 300 locations.
March 11, 2026
Santos Limited greenlights $357 million Moomba Central Optimisation project to cut costs, extend Cooper Basin gas output
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Santos Limited greenlights $357 million Moomba Central Optimisation project to cut costs, extend Cooper Basin gas output

ADELAIDE, March 11, 2026, 09:07 Santos Limited and Beach Energy have taken a final investment decision, the formal go-ahead to commit capital, on the Moomba Central Optimisation project in South Australia’s Cooper Basin. Santos said it will invest $357 million over three years to replace seven ageing gas-driven compressor stations with a single electric-driven hub and add new capacity at the Moomba gas plant.
March 11, 2026
Fortescue Ltd Completes Alta Copper Deal, Deepening Peru Copper Bet
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Fortescue Ltd Completes Alta Copper Deal, Deepening Peru Copper Bet

Fortescue Ltd has wrapped up its takeover of Alta Copper, giving it 100% ownership of the Peru-based copper firm and the Cañariaco project as it intensifies its copper push. On Tuesday, the Australian miner said Nascent Exploration, its subsidiary, acquired the remaining shares. The move ramps up Fortescue's transition from just iron ore, steering further into the copper sector—a key material for electric vehicles, power networks, and other green tech. Now, Fortescue sits more directly alongside BHP and Rio Tinto, both of which have been upping their copper bets, especially after Fortescue scaled back some of its global hydrogen efforts last year.
March 11, 2026
ANZ Group Holdings to Reopen Chinchilla Branch as Pressure Builds on Big Banks to Keep Regional Services
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ANZ Group Holdings to Reopen Chinchilla Branch as Pressure Builds on Big Banks to Keep Regional Services

ANZ Group plans to bring back its Chinchilla branch in regional Queensland during the second half of 2026, marking an unusual step back into in-person banking for one of Australia's big lenders. The announcement lands just ahead of the permanent closure of the town’s Suncorp Bank agency, set for May 29. Timing is key here: regional banking’s become a flashpoint in Australia. Back in February 2025, Canberra reported that since 2017, 36% of regional bank branches had shut down. The government locked in a pledge with the major banks, pausing regional branch closures until July 31, 2027.
March 10, 2026
NASA Satellite Crash Alert: Van Allen Probe A Set for Earth Re-Entry With Low Risk to People
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NASA Satellite Crash Alert: Van Allen Probe A Set for Earth Re-Entry With Low Risk to People

NASA on Tuesday said its Van Allen Probe A, out of commission, was projected to plunge back through Earth's atmosphere at about 7:45 p.m. EDT. A few pieces could make it all the way down, but the odds of anything causing harm are still low. The satellite, launched in 2012, tips the scales at around 1,323 pounds. The re-entry is in the spotlight, with forecasts offering only a broad time frame and no set landing zone for any fragments that might survive. The lack of a designated target comes as worries mount over debris in congested orbits. NASA told Scientific American there’s “no targeted area” for any pieces that could make it through.
March 10, 2026
Westpac Banking Corporation Sees Consumer Sentiment Lift, but Late-Week Drop Sets Up RBA Test
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Westpac Banking Corporation Sees Consumer Sentiment Lift, but Late-Week Drop Sets Up RBA Test

Westpac Banking Corporation on Tuesday reported a slight uptick in Australian consumer sentiment for March, though the headline number hid a sharp late decline as Middle East tensions escalated mid-survey. The Westpac-Melbourne Institute index posted a 1.2% rise to 91.6, yet late survey returns pointed to a reading nearer 84. Sentiment below 100 signals more pessimists than optimists. This puts Westpac in the spotlight, just weeks after executives assured investors that household and business credit demand would hold up, following a first-quarter profit beat. For the December quarter, Westpac logged unaudited net profit of A$1.9 billion, buoyed by A$12 billion in fresh deposits and A$22 billion in new lending. Shares hit a record high after the numbers landed.
March 10, 2026
National Australia Bank Survey Shows Australian Business Confidence Turns Negative After RBA Hike
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National Australia Bank Survey Shows Australian Business Confidence Turns Negative After RBA Hike

Australian business confidence dipped into negative territory for the first time in nearly a year, with National Australia Bank’s monthly survey showing sentiment at -1 in February. Despite the drop in confidence, conditions stayed unchanged at +7 and sales ticked higher. Shares slid after the Reserve Bank of Australia bumped its cash rate up by 25 basis points—a quarter point—bringing the main policy rate to 3.85% as of Feb. 3. The timing is tight, coming just ahead of the RBA’s March 16-17 gathering. Governor Michele Bullock last week called March a “live meeting,” keeping investors alert.
March 10, 2026
Woodside Energy Launches Trion Drilling Campaign, Testing Mexico Oil Bet Amid CEO Search
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Woodside Energy Launches Trion Drilling Campaign, Testing Mexico Oil Bet Amid CEO Search

Woodside Energy kicked off drilling at the Trion field alongside Pemex on Monday, moving its $7.2 billion deepwater oil venture in Mexican waters into the offshore phase. The company is still aiming for first oil by 2028. The timing is key here—Woodside’s search for a new leader continues after Meg O'Neill stepped down in December and moved to BP. Over the weekend, Reuters flagged BHP Australia President Geraldine Slattery as a contender for the CEO job. The board, for its part, still expects to lock in a permanent hire sometime in the first quarter.
March 10, 2026
Commonwealth Bank of Australia Says Wage Growth Held at 3.1% Ahead of RBA Rate Call
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Commonwealth Bank of Australia Says Wage Growth Held at 3.1% Ahead of RBA Rate Call

Commonwealth Bank of Australia on Tuesday reported its internal wage growth figure held steady at 3.1% for the year to February, while jobs growth remained in positive territory. The bank said this combination could offer the Reserve Bank some reassurance ahead of next week’s policy decision. Its own labour data showed around 21,000 new jobs were added in February. By comparison, Australia’s official jobless rate stood at 4.1% in January. The update arrives just a week out from the Reserve Bank’s March 16-17 meeting, following February’s hike that pushed the cash rate to 3.85%. Deputy Governor Andrew Hauser flagged a “genuine” debate on the prospect of another rise, with markets now assigning about a 50% probability to a move on
March 10, 2026
BHP Group Ltd Succession Spotlight Sharpens as Geraldine Slattery Emerges in Twin CEO Race
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BHP Group Ltd Succession Spotlight Sharpens as Geraldine Slattery Emerges in Twin CEO Race

Melbourne, March 11, 2026, 08:41 AEDT. Geraldine Slattery, BHP Group Ltd’s Australia President, is suddenly at the heart of not one but two high-profile CEO succession talks. The Australian, on March 11, flagged her as a frontrunner inside BHP to take over from Chief Executive Mike Henry down the line. Just days before, Reuters reported that Slattery’s name is also circulating as a candidate for the open CEO spot at Woodside Energy.
March 10, 2026
ConocoPhillips Shares Slide as Oil Plunges 11%, Putting 2026 Cash Plan in Focus
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ConocoPhillips Shares Slide as Oil Plunges 11%, Putting 2026 Cash Plan in Focus

ConocoPhillips slid 2.5% to $114.16 on Tuesday as crude prices plunged, erasing gains built up during the recent war-fueled surge in oil stocks. Exxon Mobil gave up 1.5%, Chevron dropped 1.7%. Brent and U.S. crude, meanwhile, both closed more than 11% lower—marking their sharpest single-day percentage drop since 2022. This one hits ConocoPhillips where it’s most vulnerable. The company sticks to just pumping — no refining, no downstream cushion — which means bigger swings when oil prices wobble. In the fourth quarter, realized prices dropped 19% year-on-year. Even with more output, profit still lagged behind Wall Street’s expectations. According to RBC Capital Markets analyst Scott Hanold, investors remain focused on when the promised free-cash-flow boost will show up — that’s
March 10, 2026
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