NYSE:BX 6 April 2026

Shell Plc’s $15 Billion LNG Canada Stake Fight Puts Its Canada Bet in Focus

Shell Plc’s $15 Billion LNG Canada Stake Fight Puts Its Canada Bet in Focus

Apollo Global Management, Blackstone, and KKR are bidding for a stake in Shell’s LNG Canada project, with the deal valued between $10 billion and $15 billion, Reuters reported. Shell owns 40% of the Kitimat project and recently agreed to buy ARC Resources for $16.4 billion. Shell said it bought over 1.4 million shares for cancellation on April 30. The company’s $3.5 billion buyback program ends May 1.
May 1, 2026
HSBC Australia Sale Reignites as Blackstone Eyes A$26 Billion Loan Book

HSBC Australia Sale Reignites as Blackstone Eyes A$26 Billion Loan Book

Blackstone is preparing an early bid for HSBC’s A$26 billion Australian loan book, with offers due by late April, according to The Australian. Citi is handling the sale, which also includes A$16 billion in deposits. The process follows HSBC’s decision to narrow its sale plan and ongoing efforts to exit lower-return businesses. The deal’s outcome remains uncertain due to regulatory and operational hurdles.
April 6, 2026

Stock Market Today

  • UK Gilt Yields Fall Amid Political Stability and Eased Rate Hike Concerns
    May 26, 2026, 9:28 AM EDT. U.K. gilt yields declined to five-week lows as investor worries about political instability eased following Labour's local election setbacks. The 10-year gilt yield dropped to 4.85%, down about 30 basis points, reflecting reduced expectations for interest rate hikes. Prime Minister Keir Starmer, though challenged by potential rivals including Andy Burnham, remains in charge, calming markets concerned about fiscal policy shifts. Additionally, optimism surrounding a possible U.S.-Iran peace deal and the reopening of the Strait of Hormuz has eased inflation fears, further reducing yield pressures. Analysts at Pantheon Macroeconomics noted that investors are discounting weak economic data and now anticipate fewer rate increases in 2026, driving the largest weekly drop in gilt yields since late 2023.