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Shell Greenlights $33B LNG Canada Phase 2, Doubling Export Capacity to 28 Mtpa
Shell approves $33 billion LNG Canada Phase 2 expansion on September 29, doubling facility capacity to 28 mtpa by early 2030s. Meyka grades SHEL as A-rated Buy with 12-month forecast at $91.95.
airBaltic Files Chapter 11 as Iran War Costs Bite; €350M Financing Secured
airBaltic files for Chapter 11 bankruptcy on September 14, 2026, with €350 million financing secured. Operations continue as normal. The Latvian flag carrier cites Iran war costs and engine shortages.
Alibaba Falls 8% After Pricing 710 Million New Shares at 8.4% Discount
Alibaba shares fell about 8% in early Hong Kong trading on August 24, 2026, after the company priced 710 million new shares at HK112.70each.ThedealwillraiseHK80 billion ($10.21 billion) to support its artificial intelligence plans. The 8.4% discount has raised concerns about shareholder dilution and the cost of Alibaba’s expanding AI spending. Investors are now weighing the…
FTSE 100: Index Rises 0.06% as Rio Tinto, Anglo American Lead Mining Rally Despite UK Inflation Hitting 2.9%
The FTSE 100 edged 0.06% higher on Wednesday, August 19, 2026, as mining stocks helped support London shares despite fresh inflation concerns. Rio Tinto and Anglo American were among the stronger performers on the index. At the same time, UK inflation rose to 2.9% in July, up from 2.6% in June, with higher energy costs…
Schott Pharma (ETR: 1SXP) Shares Jump 4% as Barclays Upgrades Stock to Overweight on Growth Inflection
Schott Pharma shares jumped as much as 6.5% on August 18, 2026, hitting a new 52-week high of €23. Barclays upgraded the stock to “overweight” from “equal weight” and raised its price target to €27 from €16. Analyst Jonathon Unwin cited a genuine growth inflection after three years of declining earnings estimates. The upgrade reflects…
JPMorgan (NYSE: JPM) CEO Jamie Dimon Warns UK Against Bank Tax Hikes Ahead of October Budget
JPMorgan (NYSE: JPM) CEO Jamie Dimon has warned the UK against raising taxes on banks ahead of the government’s October 28, 2026 Budget. In a recent call with Chancellor John Healey, Dimon argued that higher bank taxes could push financial jobs and capital overseas. His warning comes as UK banks face growing pressure for higher…
FTSE 100 Today: UK Stocks Fall as U.S.-Iran Tensions and Weak Retail Data Weigh, Gold Drops 0.57%
The FTSE 100 came under pressure on Tuesday, August 11, 2026, as renewed U.S.-Iran tensions pushed oil prices higher and added to inflation concerns. Brent crude moved towards $90 a barrel as uncertainty around the Strait of Hormuz increased. At the same time, weaker UK retail sales raised concerns about consumer demand. Gold also slipped…
Goodwin Mulls Sale of Defence Engineering Division Supplying Submarine and Warship Components
On August 7, 2026, British engineering company Goodwin confirmed it is reviewing options for its defence engineering division, including the possible sale of a substantial part of the business. The division supplies critical components for UK and U.S. submarines and warships, making the announcement one of the most closely watched developments in the defence sector….
Roblox Stock Slides 71% in a Year as Investor Confidence Continues to Fade
Roblox stock has collapsed 71.53% over the past year, closing at $36.19 on August 5, 2026, down sharply from its 52-week high of $142.00. The steepest drop came on July 31, when shares plunged roughly 29% after second-quarter bookings growth slowed to just 8%. Roblox also withdrew its full-year 2026 outlook, citing safety-driven uncertainty. Mandatory…