News 14 May 2026 - 15 May 2026

Unilever’s McCormick Deal Gets Awkward After Terry Smith Walks Away
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Unilever’s McCormick Deal Gets Awkward After Terry Smith Walks Away

Fundsmith, led by Terry Smith, has sold its entire Unilever stake, citing concerns over the company’s planned $44.8 billion food business merger with McCormick. Unilever shareholders approved all AGM resolutions, including Nelson Peltz’s re-election, but will not vote on the McCormick deal. Unilever shares rose 0.18% in London morning trade. The transaction is expected to close by mid-2027, pending approvals.
May 15, 2026
HSBC’s $4 Billion Private-Credit Bet Hits a New Test After Fraud Loss
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HSBC’s $4 Billion Private-Credit Bet Hits a New Test After Fraud Loss

HSBC said it remains committed to private credit after reports it paused a $4 billion investment plan. The announcement comes days after HSBC took a $400 million provision linked to the collapse of Market Financial Solutions. Regulators are monitoring banks’ exposure to the $3.5 trillion private credit market. HSBC said it has reviewed high-risk exposures and sees no comparable issues.
May 15, 2026
Anglo American Stock Slides From High as $53 Billion Teck Deal Faces China Test
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Anglo American Stock Slides From High as $53 Billion Teck Deal Faces China Test

Anglo American shares fell 4.45% to 3,882p in early London trading Friday, retreating from a 52-week high hit earlier this week. The company’s merger with Teck Resources awaits Chinese antitrust approval, with South Korea already clearing the deal. Anglo shareholders are set to receive a $4.5 billion special dividend before completion. First-quarter copper output rose 1% to 170,400 tons, while steelmaking coal production dropped 31%.
May 15, 2026
Reckitt Benckiser’s AI Push Faces a Bigger Test After Dettol Maker’s Growth Miss
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Reckitt Benckiser’s AI Push Faces a Bigger Test After Dettol Maker’s Growth Miss

Reckitt Benckiser highlighted its use of digital science and generative AI to speed product development and boost innovation across brands like Dettol and Durex. The move follows a missed quarterly revenue forecast and a warning of lower first-half margins due to high oil prices and weak demand. Shares traded at 4,558p early Friday, near a year low. Over 2,000 staff have been trained on the new tools, now used in more than 20 countries.
May 15, 2026
Glencore plc’s $9.75 Billion LNG Catalyst Just Landed. Why the Stock Still Fell
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Glencore plc’s $9.75 Billion LNG Catalyst Just Landed. Why the Stock Still Fell

Caturus approved construction of the $9.75 billion Commonwealth LNG export plant in Louisiana, set to begin operations in 2030. Glencore increased its contracted offtake to 3 million tonnes per year under a 20-year deal, nearly a third of the plant’s capacity. Glencore shares fell 2.75% after the news, despite a 42.78% gain this year. Other buyers include Mercuria, PETRONAS, and Aramco Trading.
May 15, 2026
UK & AU Stock Market Today: Live Updates 15.05.2026
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UK & AU Stock Market Today: Live Updates 15.05.2026

LIVEMarkets rolling coverageStarted: May 15, 2026, 12:00 AM EDTUpdated: May 15, 2026, 11:58 PM EDT Dryer Sheets & Dryer Balls Market UK: Growth, Brands, Pricing, and Channels Analysis May 15, 2026, 11:58 PM EDT. This independent study examines the UK market for dryer sheets and dryer balls, focusing on fabric softening and static-reduction products used in clothes dryers. It highlights where market growth and profit margins lie, identifying key segments based on format, price tiers, and shopper behavior. The report details how brands and private labels compete for volume, shelf presence, and premium positioning. It analyzes how pricing and promotions
May 15, 2026
Why Evolution Mining Limited Stock Slipped as Gold Pullback Tests EVN’s Net-Cash Rally
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Why Evolution Mining Limited Stock Slipped as Gold Pullback Tests EVN’s Net-Cash Rally

Evolution Mining shares closed down 1.27% at A$13.23 on Thursday as weaker gold prices hit Australian gold miners. The company reported A$406 million in March-quarter cash flow and reached net cash of A$42 million, with all-in sustaining costs at A$2,220 an ounce. Spot gold fell 0.4% to $4,669.48 an ounce. Investors are watching if Evolution can keep converting high bullion prices into cash.
May 15, 2026
REA Group Buyback Faces a Hard Test After Shares Slide 5.7%
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REA Group Buyback Faces a Hard Test After Shares Slide 5.7%

REA Group bought back 33,457 shares for A$5.74 million Wednesday, bringing total buybacks to 554,112 shares worth about A$89.6 million. REA shares closed Thursday at A$161.24, down 5.7%. April new buy listings on realestate.com.au rose 19.4% year-on-year, while total listings fell 5.3%. The Reserve Bank of Australia raised rates to 4.35% on May 5.
May 15, 2026
Megaport Stock Jumps 28% After $254 Million AI Contracts — The Capex Catch
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Megaport Stock Jumps 28% After $254 Million AI Contracts — The Capex Catch

Megaport Ltd shares jumped 27.72% to A$12.58 after its Latitude.sh unit won three contracts worth A$254 million with two unnamed U.S. tech firms. The deals will add about A$90.6 million in annualised recurring revenue after hardware is deployed by mid-2027. Megaport will spend about A$140.3 million on Nvidia GPUs and related equipment, funded by cash and a larger debt facility. FY26 revenue and EBITDA guidance was reaffirmed.
May 15, 2026
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Stock Market Today

  • Oil prices drop below $100 on Iran peace deal hopes, markets rise
    May 25, 2026, 8:37 AM EDT. Oil prices fell below $100 a barrel for the first time in two weeks as hopes grow for a US-Iran peace deal. Brent crude dropped 5.5% to just under $98. The conflict's focal point remains Iran's blockade of the Strait of Hormuz, a critical energy chokepoint. Equity markets responded positively, with Japan's Nikkei up nearly 3% and Europe's Stoxx 600 rising 0.8%. The dollar weakened while the pound hit its highest level since May. Analysts caution markets remain wary as past negotiations have stalled. Inflation fears have driven central banks to consider further rate hikes, with the Bank of England expected to raise rates twice in 2024.