Today: 21 May 2026
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ASX:SDA 3 September 2025

From Satellite Struggles to Starlink: Tuvalu’s Internet Revolution

From Satellite Struggles to Starlink: Tuvalu’s Internet Revolution

Starlink satellite internet launched in Tuvalu in January 2025, offering higher speeds and lower latency. Until then, the country relied on a single state-owned ISP, costly data, and limited satellite bandwidth. A World Bank grant is funding telecom reforms and a planned undersea fiber-optic cable. About 74% of Tuvalu’s 10,000 residents use the internet, despite slow speeds and high costs.

Stock Market Today

  • InterContinental Hotels Group PLC Buys Back 40,000 Shares, Plans Cancellation
    May 21, 2026, 4:20 AM EDT. InterContinental Hotels Group PLC repurchased 40,000 of its ordinary shares on May 20, 2026, through Goldman Sachs International on the London Stock Exchange. The purchase prices ranged from $150.15 to $154.95 per share, averaging $152.06. These shares are to be cancelled, reducing the total shares outstanding to 149,627,985, excluding 5,431,782 held in treasury. This buyback is part of the authority granted by shareholders at the 2025 Annual General Meeting and was executed following instructions issued earlier in February. The share repurchase reflects the company's ongoing capital management strategy.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 21.05.2026

21 May 2026
LIVEMarkets rolling coverageStarted: May 21, 2026, 4:00 AM EDTUpdated: May 21, 2026, 4:21 AM EDT InterContinental Hotels Group PLC Buys Back 40,000 Shares, Plans Cancellation May 21, 2026, 4:20 AM EDT. InterContinental Hotels Group PLC repurchased 40,000 of its ordinary shares on May 20, 2026, through Goldman Sachs International on the London Stock Exchange. The purchase prices ranged from $150.15 to $154.95 per share, averaging $152.06. These shares are to be cancelled, reducing the total shares outstanding to 149,627,985, excluding 5,431,782 held in treasury. This buyback is part of the authority granted by shareholders at the 2025 Annual General Meeting
FTSE 100 Slips Today as BT, Sage and Oil Risks Put London Stocks on Edge

FTSE 100 Slips Today as BT, Sage and Oil Risks Put London Stocks on Edge

21 May 2026
FTSE 100 fell 0.34% to 10,396.72 in early London trading, reversing part of Wednesday’s rally. BT reported flat core earnings at £8.2 billion as fibre demand offset a 3% revenue drop. Sage lifted its FY26 revenue outlook after first-half revenue rose 11%. easyJet posted a £552 million loss and warned of uncertainty due to higher fuel costs and weaker bookings.
Fed Officials Float Rate Hikes Again as Cut Hopes Wobble

Fed Officials Float Rate Hikes Again as Cut Hopes Wobble

21 May 2026
Federal Reserve minutes released Wednesday showed most officials see possible rate hikes if inflation remains above 2%. Markets and economists have pushed back expectations for rate cuts, with some now anticipating increases. The Fed’s benchmark rate held at 3.50% to 3.75% in April. The next FOMC meeting is set for June 16-17.
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