Today: 5 July 2026

BP share price: What to know after Whiting refinery union vote, with OPEC+ and earnings ahead

BP share price: What to know after Whiting refinery union vote, with OPEC+ and earnings ahead

London, February 1, 2026, 08:21 GMT — The market has closed. BP shares head into Monday’s trading as investors focus on potential labour issues at the Whiting refinery in Indiana. Union workers there have turned down a proposed 28-day contract extension. The union stressed there’s “no intent to have a work stoppage,” while BP insisted it is negotiating “in good faith.” The stock closed Friday at 463.8 pence, up 1.15 pence, or 0.25%.
UOL Group Limited stock: Pan Pacific Tianjin sale puts shares on watch ahead of Feb 26 results

UOL Group Limited stock: Pan Pacific Tianjin sale puts shares on watch ahead of Feb 26 results

Singapore, Feb 1, 2026, 15:38 SGT — The market has closed. UOL Group Limited announced that its unit has struck a deal to sell the 319-room Pan Pacific Tianjin hotel in China for RMB238 million in cash. The package includes an adjacent basement unit and associated land-use rights. Buyer Jiang Yang has already put down a RMB23.8 million deposit, with the remainder due around April 1, 2026. An independent valuation dated Dec 31, 2025, also valued the property at RMB238 million, according to the filing. UOL shares closed at S$10.84 on Friday, slipping 0.46%.
1 February 2026
City Developments Limited stock price (SGX:C09) in focus after Newport Residences sells 56% on launch day

City Developments Limited stock price (SGX:C09) in focus after Newport Residences sells 56% on launch day

Singapore, Feb 1, 2026, 15:34 — Market closed City Developments Ltd’s Newport Residences saw 139 of its 246 units snapped up during its January 31 launch, property agents told The Edge Singapore. The sea-facing two-bedroom units were completely sold out. Mark Yip, CEO of Huttons Asia, described the strong response as “pent-up demand,” highlighting the introductory price starting at S$1.298 million, or roughly S$3,012 per square foot. This freehold project stands out in the central business district, where most new mixed-use developments come with 99-year leases.
1 February 2026
Google dodges $2.36 billion disgorgement bid in privacy class action, but $425 million verdict stands

Google dodges $2.36 billion disgorgement bid in privacy class action, but $425 million verdict stands

A U.S. federal judge in San Francisco dismissed an attempt to impose over $2 billion in extra penalties on Alphabet’s Google in a privacy class action. The court refused to order Google to hand over $2.36 billion in alleged profits or halt certain data practices. At the same time, the judge rejected Google’s request to decertify the class, keeping the September jury verdict intact. The ruling is crucial because it caps the potential payout for users following a trial focused on a privacy “off” switch. Seeborg called the post-verdict motions from both sides efforts to “augment and upset the verdict in various ways.”
1 February 2026
India Budget 2026: Rs 10,000 crore MSME Growth Fund, TReDS payment fix and a “Reform Express” pledge

India Budget 2026: Rs 10,000 crore MSME Growth Fund, TReDS payment fix and a “Reform Express” pledge

On Sunday, Finance Minister Nirmala Sitharaman unveiled a 10,000 crore rupee growth fund aimed at micro, small and medium enterprises, alongside a plan to revive 200 legacy industrial clusters. She’s counting on easier access to capital and quicker payments to help these small businesses expand. Additionally, she outlined measures to connect government procurement data with invoice-financing platforms and to transform trade receivables into marketable securities. The budget for the fiscal year beginning April 1 targets manufacturing and technology, as New Delhi aims to maintain steady growth amid global uncertainty. Sitharaman highlighted the government’s push to expand manufacturing in seven key sectors—pharmaceuticals, semiconductors, textiles among them—to boost job creation.
1 February 2026

Stock Market Today

  • Lynas Rare Earths (ASX:LYC) draws focus as NdPr demand and US push add to bull case
    July 4, 2026, 6:16 PM EDT. Lynas Rare Earths (ASX:LYC) is back in the spotlight with stronger demand for neodymium and praseodymium (NdPr), key materials for EVs and wind power. The miner is building a US processing plant with backing from the US Department of Defense, an attempt to shift supply chains away from China. Lynas forecasts A$2.4 billion in revenue and A$1 billion in earnings by 2029, a jump from today's levels. The new US plant and a 2025 MoU with Noveon Magnetics aim to boost the company's links to defense and critical infrastructure. Execution and global supply risks remain, which could pressure prices and margins. Market views are split; some analysts are upbeat about growth driven by US support, while others flag ongoing cost and competitive risks.
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