TSX:ARX 27 April 2026

Shell Plc’s $15 Billion LNG Canada Stake Fight Puts Its Canada Bet in Focus
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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
FTSE 100 Falls Again as Oil Shock Puts UK Stock Market on Edge Today
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FTSE 100 Falls Again as Oil Shock Puts UK Stock Market on Edge Today

The FTSE 100 fell 0.6% to 10,321.09, marking its sixth straight loss, as energy and consumer stocks dropped. Shell slid 1.7% after announcing a $16.4 billion deal to buy Canada’s ARC Resources. Sainsbury lost 3.3% following a Goldman Sachs downgrade, while Marks & Spencer dropped 4.7%. Brent crude rose 3% to $108.46 a barrel as U.S.-Iran talks stalled.
April 27, 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.