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Business News News 7 January 2026 - 8 January 2026

Australia stock market today: ASX 200 closes higher as tech rebounds; BlueScope pushes back on $13.2b bid

Australia stock market today: ASX 200 closes higher as tech rebounds; BlueScope pushes back on $13.2b bid

Sydney, Jan 8, 2026, 21:54 AEDT — Market closed. Australian shares ended higher on Thursday, lifted by a second straight rise in tech and health stocks while miners eased. The S&P/ASX 200 closed up 0.29% at 8,720.8, with information technology up 1.73% and healthcare up 1.64%, even as materials fell 1.23%. Market Index The rotation matters right now because investors…
8 January 2026
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AbbVie stock drops before the bell after Revolution Medicines deal talk gets swatted down

AbbVie stock drops before the bell after Revolution Medicines deal talk gets swatted down

New York, January 8, 2026, 05:14 (EST) — Premarket AbbVie Inc (ABBV) shares slipped 1.6% to about $229.64 in premarket trading on Thursday after the drugmaker denied it was in talks to buy cancer biotech Revolution Medicines and cut its 2025 profit view. Revolution’s stock fell 11.5% in extended trading after AbbVie’s statement, Reuters reported. Investing The whiplash matters because…
8 January 2026
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Lockheed Martin stock jumps premarket after Trump’s $1.5 trillion defense-budget call

Lockheed Martin stock jumps premarket after Trump’s $1.5 trillion defense-budget call

New York, Jan 8, 2026, 04:58 EST — Premarket Lockheed Martin (LMT) shares jumped 7.6% in premarket trading on Thursday to $534.78. The stock closed Wednesday down 4.8% at $496.87 after dipping below $500 in the session. StockAnalysis Trump late Wednesday called for a $1.5 trillion U.S. military budget in 2027, far above the $901 billion Congress approved for 2026,…
8 January 2026
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Diageo stock edges up in London after Kenya court bid targets $2.3 billion Asahi deal

Diageo stock edges up in London after Kenya court bid targets $2.3 billion Asahi deal

London, Jan 8, 2026, 09:35 GMT — Regular session Diageo shares edged higher in early London trade on Thursday, a small bounce after a Kenyan court filing put fresh noise around the spirits maker’s $2.3 billion plan to sell East African Breweries to Japan’s Asahi. Diageo was up 0.8% at 1,589.5 pence by 0919 GMT, while the FTSE 100 eased…
8 January 2026
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Marks & Spencer shares rise after Christmas update as food sales grow and outlook holds

Marks & Spencer shares rise after Christmas update as food sales grow and outlook holds

London, January 8, 2026, 08:42 GMT — Regular session Marks & Spencer Group plc (MKS.L) shares rose 2.8% to 337.8 pence by 0842 GMT, reversing earlier-week weakness as investors digested the retailer’s Christmas-quarter update. The stock is still well below its 52-week high of 417.5 pence and above the 315.5 pence low. London South East In a statement, M&S said…
8 January 2026
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Tesco shares slide as Christmas update disappoints despite profit outlook lift

Tesco shares slide as Christmas update disappoints despite profit outlook lift

London, January 8, 2026, 08:40 (GMT) — Regular session Tesco PLC (TSCO.L) shares slid on Thursday after the grocer nudged its profit outlook higher but reported a slower pace of sales growth over Christmas and a deeper drop at its Booker wholesale arm. The stock was down 21.3 pence, or 4.7%, at 431.3 pence in early deals. The Christmas statement…
8 January 2026
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Rio Tinto stock slips in early London trade as copper demand outlook clashes with iron ore risks

Rio Tinto stock slips in early London trade as copper demand outlook clashes with iron ore risks

London, January 8, 2026, 08:42 (GMT) — Regular session Rio Tinto shares eased on Thursday, down 0.9% at 6,204 pence, after setting a 52-week high the previous day. The stock opened at 6,260p and has traded between 6,194p and 6,260p so far. London South East The timing matters because miners are being pulled in two directions: long-term copper demand looks…
8 January 2026
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PepsiCo stock slides as Nvidia-Siemens “digital twin” push puts costs back in focus

PepsiCo stock slides as Nvidia-Siemens “digital twin” push puts costs back in focus

New York, Jan 7, 2026, 19:40 EST — After-hours PepsiCo, Inc. (PEP.O) shares fell 1.4% to $137.01 on Wednesday, extending a four-session slide. The snacks-and-drinks maker this week unveiled a multi-year digital twin and AI partnership with Siemens and Nvidia, aimed at retooling factories and warehouses faster. The stock traded between $136.96 and $139.83, with about 8.4 million shares changing…
8 January 2026
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UnitedHealth stock drops after-hours as Optum UK sale talk swirls ahead of Jan. 27 earnings

UnitedHealth stock drops after-hours as Optum UK sale talk swirls ahead of Jan. 27 earnings

New York, Jan 7, 2026, 17:15 EST — After-hours UnitedHealth Group Inc (UNH) shares fell about 2% to $341.70 in after-hours trading on Wednesday, after sliding through the close. The stock ranged from $338.11 to $349.55 during the session, leaving traders watching whether the late-day low holds into Thursday. The pullback comes as investors look for signs the company is…
7 January 2026
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Boeing stock slips after-hours despite Alaska Airlines’ record jet order, with earnings next on Jan. 27

Boeing stock slips after-hours despite Alaska Airlines’ record jet order, with earnings next on Jan. 27

New York, Jan 7, 2026, 5:16 PM EST — After-hours Boeing shares slipped about 0.7% to $228.12 in after-hours trading on Wednesday, even after Alaska Airlines unveiled its biggest aircraft order ever with the U.S. planemaker. The deal matters because it puts fresh attention on Boeing’s ability to deliver on a long-stalled growth model: build more jets, clear regulatory hurdles,…
7 January 2026
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Auchan sells eight Polish shopping centres to Hungary’s Adventum — and stays as tenant

Auchan sells eight Polish shopping centres to Hungary’s Adventum — and stays as tenant

Warsaw, Jan 7, 2026, 21:38 CET Auchan Polska and property partner Ceetrus have agreed to sell eight shopping centres in Poland to Hungary’s Adventum Penta Fund, a deal that keeps Auchan trading from the same sites. The buyer will take the real estate while Auchan remains the “anchor tenant” — the main store meant to draw shoppers — on long…
7 January 2026
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Stock Market Today

  • ASX 200 Market Update: Housing Growth Slows, Hot Chili Trading Halt, GrainCorp Earnings Miss
    February 1, 2026, 6:01 PM EST. Australian home values edged up 0.8% in January, slowing growth amid affordability and credit pressures. Sydney and Melbourne markets remain below prior peaks. Supply constraints support the market as listings fall 19% from last year. Lower-priced homes outperformed, driven by first-time buyers, said Cotality's Tim Lawless. Meanwhile, Hot Chili (HCH) requested a trading halt for a pending capital raise announcement after a 15% year-to-date rally. Copper stocks face pressure following overnight commodity selloff. GrainCorp guided earnings far below estimates for FY26, citing oversupply and weak prices in global grain markets, with net profit after tax forecasted at $20-50 million versus $85 million expected. Lower volumes and margin pressure persist amid export declines and cautious biofuels policy outlook.
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