News 23 June 2026

Etihad Orders 10 Boeing Jets, Raising Talk of Hard-to-Get 787 Slots
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Stock Market Today: Live Updates 10.07.2026

LIVEMarkets rolling coverageStarted: July 10, 2026, 4:00 AM EDTUpdated: July 10, 2026, 1:47 PM EDT UK Judge Says Most Carmakers Didn’t Use Cheat Devices in Diesel Cars July 10, 2026, 12:55 PM EDT. A UK High Court judge found that most big carmakers, including Mercedes-Benz, Renault, Nissan, Ford, and Peugeot-Citroën, didn’t use illegal emissions-cheating ‘defeat devices’ in diesel models dating back to 2009. The ruling comes after more than 1.6 million drivers accused them of misleading claims, but the judge dismissed most of the case after a 10-week trial. The court pointed to just one Mercedes car, with software stripped
July 10, 2026
Westpac Up 1% With Dividend Approaching; Bigger Test Still Ahead
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Westpac Up 1% With Dividend Approaching; Bigger Test Still Ahead

Westpac Banking Corporation closed up 1.03% at A$35.48 on Tuesday, ending close to its session high. The shares moved in a range from A$35.10 to A$35.54. Volume was about 5.69 million, just above the 65-day average. Westpac, ANZ Group, National Australia Bank and Commonwealth Bank all closed in the green, defying losses elsewhere. The S&P/ASX 200 lost 0.33% to 8,787 as technology names dragged. Technology stocks dropped, but the big lenders moved higher.
June 23, 2026
ASX 200 Drops Again, Tech Slide Puts Focus on CPI
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ASX 200 Drops Again, Tech Slide Puts Focus on CPI

S&P/ASX 200 slips for fourth session as tech, miners drag Australian shares fell for the fourth session in a row Tuesday, with tech and mining names down enough to wipe out moves higher in the big banks. The S&P/ASX 200 dropped 29.1 points, or 0.33%, to 8,787. The index ranged from 8,777.8 to 8,849.9. Benchmark shares ended about 2% lower than where they closed on June 17. Gains at the open fizzled as traders pulled back from commodity producers and high-priced tech ahead of new Australian inflation numbers.
June 23, 2026
FTSE 250 Drops as Rate Worries Hit London Shares
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FTSE 250 Drops as Rate Worries Hit London Shares

FTSE 250 falls to lowest since June 11 as London stocks slip London’s FTSE 250 lost 270.54 points, or 1.2%, to finish at 22,926.47 on Tuesday, the lowest close since June 11. The FTSE 100 edged down 9.00 points, or 0.1%, to 10,428.85. Broad selling and worries about higher rates pulled risk appetite lower. The gap between the two indexes pushed the focus onto Britain’s domestic outlook. The flash UK services PMI dropped to 48.7 in June, down from 49.3, its lowest since January 2023. Any figure below 50 points to contracting activity.
June 23, 2026
ANZ (ASX:ANZ) trades firm in weak ASX session as weekend mortgage drive kicks off
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ANZ (ASX:ANZ) trades firm in weak ASX session as weekend mortgage drive kicks off

ANZ Group Holdings finished up 1.4% at A$35.74 on Tuesday, ahead of Australia’s major banks as investors moved into large dividend stocks while tech sold off hard. National Australia Bank rose 1.2%. Westpac was up 1.0%. Commonwealth Bank added 0.5%. ANZ outperformed as the S&P/ASX 200 shed 29.1 points, or 0.33%, closing at 8,787.0. Tech and other growth names weighed on the benchmark, hurt by a global risk pullback. Banks picked up some of the defensive flows.
June 23, 2026
NAB shares edge up after deposit hedge balances loan margin hit
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National Australia Bank Rises While Broader ASX Falls; Inflation Next Focus

National Australia Bank shares added 1.21% to A$38.33 on Tuesday. That’s while the S&P/ASX 200 slipped 0.33% to 8,787, weighed down by declines in tech and mining stocks. Gains were spread across the big banks, with ANZ up 1.39%, Westpac adding 1.03%, and Commonwealth Bank rising 0.49%. The action wasn’t limited to NAB, suggesting the move was part of a sector-wide bank trade instead of a shift in outlook for just one name.
June 23, 2026
Atlas Arteria (ASX:ALX) stock pinned at A$5.10 as IFM nears control threshold
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IFM Crosses 50% Stake, Atlas Arteria Shares Reach Takeover Tipping Point

Atlas Arteria shares stayed at A$5.10, matching IFM’s takeover price, heading into Wednesday trading. Diamond Infraco took its voting power past 50%, which triggered an automatic extension of the offer out to 7 p.m. Sydney time on July 7. The toll-road operator finished Tuesday at A$5.10, unchanged. The bar now moves from IFM getting control of the votes to whether it can actually close out the deal. Diamond must reach 90% relevant interest for compulsory acquisition, which would let it force holdouts to sell.
June 23, 2026
CBA Shares Hold Up Against ASX Drop, Wednesday CPI May Shift the Trade
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CBA Shares Hold Up Against ASX Drop, Wednesday CPI May Shift the Trade

Commonwealth Bank of Australia finished Tuesday at A$164.21, up 80 cents, or 0.49%. The stock edged higher while risk sentiment in the market faded. The country’s largest lender still managed a small gain. S&P/ASX 200 slipped 29 points, down 0.33% at 8,787. Tech stocks tumbled about 4%, weighing on the index. Big banks—CBA, Westpac, National Australia Bank and ANZ—rose, giving lenders rare gains on a weak day.
June 23, 2026
BHP (ASX:BHP) share price falls again as Jansen costs test capital discipline
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BHP shares to watch Wednesday as port strike threat drops, Jansen impact stays

BHP Group shares are back in focus as Sydney markets open Wednesday. Unions have paused plans for a strike at Port Hedland, which cuts the chance of a near-term threat to BHP’s iron ore shipments. On Tuesday, BHP put forward a draft enterprise agreement, but unions said the gap between the parties remains wide. The stock ended Tuesday down 42 cents at A$59.92, a drop of 0.7%. The S&P/ASX 200 slipped 0.33% to 8,787 as tech names retreated and miners slid with lower commodities. The ASX cash market was shut at the time of publication, so traders will see the full reaction to the labour reprieve at Wednesday’s open.
June 23, 2026
easyJet Stock (LSE: EZJ) Rallies on 625p Bid—The Spread Prices a 55% Deal Chance
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easyJet (LON:EZJ) Holds Up Despite FTSE Drop as Castlelake Eyes £4.7 Billion Offer

easyJet shares gained 1.9% to around 527 pence in late London trade Tuesday, while the FTSE 250 fell 1.2%. Investors are still watching to see if Castlelake will increase its offer. easyJet is trading about 16% under the 625 pence a share price that the US investment firm proposed, with the gap showing some investors doubt a deal will happen at those terms. Castlelake faces a key deadline at 17:00 BST on Friday under UK takeover rules. The “put up or shut up” rule means Castlelake has to make a firm offer for easyJet or walk away unless it gets more time from the Takeover Panel. So far, it has put forward three non-binding offers—560p, 600p, and 625p a share.
June 23, 2026
Vodafone (LSE:VOD) drops for sixth day, closes in on 20% slide from past year’s high
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Vodafone Shares Drop Again Under Pressure from £4.3 Billion UK Move

Vodafone Group shares slipped 0.65% to 106.60 pence late Tuesday in London, continuing their drop for June. Investors are looking at the price of taking full control of VodafoneThree and measuring it against expected benefits. The share price was on a 20-minute delay. The stock trades roughly 8% under its June 12 close of 115.75 pence. Shares have dropped in six of the last seven sessions. Monday saw a 0.3% bounce, but it faded quickly.
June 23, 2026
Diageo dips 1.5% on LSE as investors watch for cost-cut news
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Diageo Shares Climb With 150 Irish Roles at Risk in Dave Lewis Overhaul

Diageo shares rose over 2% Tuesday after reports that up to 150 Irish jobs could be cut. That’s as CEO Dave Lewis moves to reduce costs and streamline operations at the Johnnie Walker and Guinness maker. Ireland’s enterprise department got official word of the planned layoffs on Monday, but Diageo hasn’t confirmed how many roles are affected. Diageo shares rose 2.3% to about 1,552 pence at 15:57 BST, while the FTSE 100 was up around 0.2%. Diageo plans to cut about 12% of its workforce in Ireland, which employs more than 1,200 people.
June 23, 2026
3i Group (LON:III) trades flat as Monday’s 2.6% rally pauses
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3i Group (LON:III) trades flat as Monday’s 2.6% rally pauses

3i Group traded flat at 2,261p late Tuesday in London, holding its 2.6% bounce from Monday. Investors weighed more share buying and signs of progress on regulations at some holdings. The stock is trading about 25% under 3i’s March 31 NAV of 3,030 pence per share. NAV is assets minus liabilities for an investment company. 3i posted a £5.30 billion total return for the year, or 22% of opening shareholders’ funds. “In FY2026, we generated a total return on shareholders’ funds of £5,304 million, or 22%,” CEO Simon Borrows said.
June 23, 2026
Intertek Trades 200p Under EQT’s £60 Offer — What the Spread Says
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Intertek Trades 200p Under EQT’s £60 Offer — What the Spread Says

Shares of Intertek Group changed little, sitting at 5,800 pence as of 15:55 BST Tuesday. That keeps the price around 200p, or 3.4%, under EQT’s £60 per share cash bid. The FTSE All-Share edged up 0.02% late in the session. The gap between a target’s market price and the cash on offer in a deal is the takeover spread. Tuesday saw new Form 8.3 disclosures, not updated bid terms. Under the UK Takeover Code, anyone with at least 1% in the target has to report their stakes and trades while an offer is ongoing.
June 23, 2026
DCC Shares Sit 5.6% Below KKR Proposal—Why July 8 Could Break the Stalemate
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DCC Shares Sit 5.6% Below KKR Proposal—Why July 8 Could Break the Stalemate

DCC Plc shares edged 5 pence lower to 6,160 pence in afternoon London trading, leaving the energy distributor well below the price indicated by its prospective private-equity buyers. The stock moved between 6,145p and 6,170p during the session. At 6,160p, DCC traded 365p below the £65.25 cash component proposed by KKR and Energy Capital Partners. That represents a 5.6% discount to the proposed cash price, or potential gross upside of about 5.9% should a firm offer emerge on those terms.
June 23, 2026
BP shares claw back 2.8%, still down 5.7% for the week as Hormuz fears hit market
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BP (LON:BP) edges lower after $5.1B Angola move, oil prices weaker, California lawsuit hits

BP stock was lower in London on Tuesday, with shares last seen at 495.85p, down 0.87% after an open at 502.70p, as of 15:03 BST on delayed data. This comes after its Angola joint venture cleared a $5.1 billion offshore oil project. Investors shrugged. They’re looking at a big oil project but face years before seeing cash. Azule Energy, split between BP and Eni, is targeting first oil in 2029 from five fields in Angola’s offshore Blocks 31 and 31/21.
June 23, 2026
Telecom Plus (LON:TEP) Drops 26% After £55 Million Growth Spend Cuts Profit, Dividend
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Telecom Plus (LON:TEP) Drops 26% After £55 Million Growth Spend Cuts Profit, Dividend

Telecom Plus PLC dropped about 26% on Tuesday after the Utility Warehouse parent flagged a steep profit fall for next year as it plans a five-year investment push. Shares last changed hands at 709 pence at 15:02 BST, off 25.8% on the day and down about 47% on the year. Telecom Plus surprised investors with its new guidance. The company now sees adjusted pretax profit in a range of £80 million to £90 million for the year ending March 2027. That's down from the £132.2 million just reported, as Telecom Plus plans to spend about £55 million a year on pricing, marketing, insurance and technology.
June 23, 2026
Prudential (LON:PRU) shares rise as $1.2 billion buyback moves forward despite FTSE drop
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Prudential (LON:PRU) shares rise as $1.2 billion buyback moves forward despite FTSE drop

Prudential plc traded slightly up at 1,014.5 pence by 1457 BST Tuesday, after dropping as much as 1.5% earlier in the session. Shares opened at 1,000p, dipped to 998p, then bounced. The stock is Asia-focused. The move was noticeable in London trading, where the FTSE 100 slipped roughly 0.4% by 1500 BST. The index dropped earlier to its lowest since June 12. Worries about more U.S. and UK rate hikes held back risk demand.
June 23, 2026
Imperial Brands (IMB.L) Stock Trades Up After £1.45 Billion Buyback
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Imperial Brands (IMB.L) Stock Trades Up After £1.45 Billion Buyback

Imperial Brands moved up around 0.5% to 2,750 pence in London on Tuesday afternoon, while the FTSE 100 stayed almost unchanged. Shares changed hands between 2,736 pence and 2,771 pence. Imperial said it picked up 230,000 shares on Monday at an average price of 2,735.97p under its £1.45 billion buyback. The shares are being cancelled. Buybacks cut the number of shares on the market, which can raise profit per share. Imperial's share count will drop to about 770.6 million after this round.
June 23, 2026
J Sainsbury share price falls 4.3% as June trading update nears
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Sainsbury (LON:SBRY) stock stands out as FTSE falls on grocery market data

J Sainsbury held steady in the afternoon session after two surveys pointed to more grocery market share for the UK grocer. Shares stood at 305.6 pence, up 0.03%, as of 14:03 BST on a 20-minute delay. Shares moved between 303.49 pence and 308.8 pence. Defensive consumer-staples stocks gained over 1% as the FTSE 100 dropped 0.7% by 0919 GMT. London shares slipped with rate hike worries weighing on risk appetite, but sellers of everyday goods showed strength in the weaker market.
June 23, 2026
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