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Business News News 13 January 2026

Trent share price today: Tata retailer slides again, hovers near 52-week low as Q3 earnings loom

Trent share price today: Tata retailer slides again, hovers near 52-week low as Q3 earnings loom

Bengaluru, Jan 13, 2026, 16:11 IST — After-hours Trent Ltd shares fell again on Tuesday and ended down 3.7% at 3,904.7 rupees, after sliding to an intraday low of 3,827.8. The Tata Group retailer is now down about 12% since Jan. 5. https://www.investing.com/equities/trent-historical-data The drop came as Indian benchmarks slipped in broad selling, with tariff talk and trade uncertainty back on the tape. “The absence of decisive follow-through buying has kept the broader market outlook guarded,” said Dhupesh Dhameja, a derivatives research analyst at SAMCO Securities. https://www.reuters.com/world/india/india-equity-benchmarks-set-open-higher-us-trade-optimism-steady-earnings-2026-01-13/ Trent hit a 21-month low intraday and was down as much as about
Nearly 300 jobs axed as Welsh energy retrofit firm Consumer Energy Solutions enters administration

Nearly 300 jobs axed as Welsh energy retrofit firm Consumer Energy Solutions enters administration

London, Jan 13, 2026, 10:31 GMT Consumer Energy Solutions, an energy-efficiency contractor based in Wales, has gone into administration and stopped trading immediately, according to a company statement. The move puts nearly 300 jobs at risk across Swansea and Treorchy. (ITVX) The collapse is significant because the UK’s Energy Company Obligation programme, ECO4, supports a big chunk of retrofit projects — covering everything from insulation to heating system upgrades — and is set to continue until March 31, 2026. The scheme requires medium and large energy suppliers to push home improvements that cut bills. (Ofgem) Joint administrators Jimmy Saunders and
13 January 2026
Alphabet stock edges up before the open as Apple taps Google Gemini for a new Siri

Alphabet stock edges up before the open as Apple taps Google Gemini for a new Siri

New York, Jan 13, 2026, 04:33 EST — Premarket Shares of Alphabet (GOOGL.O) climbed roughly 0.7% in premarket trading Tuesday, hitting $334.02. The move came after Apple announced its next-gen AI models will be built on Google’s Gemini, paving the way for a more personalized Siri debuting later this year. The deal extends Google’s Gemini further into Apple’s vast ecosystem of over two billion active devices, scoring Alphabet a rare distribution victory beyond its own platforms just as investors weigh the frontrunners in the AI race. “It shifts OpenAI into a supporting role,” noted Parth Talsania, CEO of Equisights Research.
Envirotech Vehicles stock jumps 442% on AZIO AI $107 million order as traders eye Jan. 20 vote

Envirotech Vehicles stock jumps 442% on AZIO AI $107 million order as traders eye Jan. 20 vote

New York, Jan 13, 2026, 03:54 (EST) — Market closed. Shares of Envirotech Vehicles Inc jumped 442% Monday, closing at $2.51 after fluctuating between $1.01 and $2.62 amid a volume spike to roughly 761 million shares. The stock traded again in after-hours, hitting $3.16, close to a $3 reference price linked to a proposed transaction. (StockAnalysis) This matters because EVTV is a microcap stock, and the headline driving its trade had nothing to do with vans or buses. Instead, it focused on AI infrastructure and a purported government order that, if it turns into actual revenue, would be significant compared
Diageo shares jump on China asset-sale report as investors eye Feb results

Diageo shares jump on China asset-sale report as investors eye Feb results

London, Jan 13, 2026, 08:31 GMT — Regular session Shares of Diageo climbed early Tuesday in London following a Bloomberg News report that the Johnnie Walker and Guinness producer is considering its options for its China operations, including potentially selling them. By 08:31 GMT, the stock had gained roughly 2%, reaching 1,708.5 pence. (Investing.com) The report arrives as investors look for clues that Diageo can steady growth after a tough stretch, with demand in China and the U.S. flagged as soft spots. In its latest quarterly update, Diageo highlighted a steep double-digit drop in Greater China, driven by Chinese white
Anglo American stock price dips early as Rio-Glencore megadeal talk keeps miners on edge

Anglo American stock price dips early as Rio-Glencore megadeal talk keeps miners on edge

London, Jan 13, 2026, 08:08 GMT — Regular session Anglo American (AAL.L) shares edged down 0.5% to 3,236 pence in early London trading on Tuesday, after finishing the previous session at 3,252 pence. So far today, the stock has fluctuated between 3,235 and 3,252 pence. (Investing.com) The sector is absorbing fresh deal rumors, with BHP reportedly opting out of Rio Tinto’s push to acquire Glencore, according to two insiders. They say BHP has no plans to launch a competing bid. Sources also note that BHP favors Anglo American’s copper division over Glencore’s and intends to wait for clearer signals before
NatWest stock ticks up as buyback rolls on and bank taps cyber veteran for board

NatWest stock ticks up as buyback rolls on and bank taps cyber veteran for board

London, January 13, 2026, 08:04 GMT — Regular session Shares of NatWest Group Plc (NWG.L) inched up roughly 0.1% to 640.8 pence by 0804 GMT, just above Monday’s 640.2 pence close. Early trading saw the stock fluctuate between 640.2 and 645.0 pence. (Google) The board shake-up zeroes in on high-cost, behind-the-scenes banking areas: tech, cyber security, and operational risk. NatWest announced Albert Hitchcock will join as an independent non-executive director starting Feb. 16. Yasmin Jetha is set to leave on March 31. Chair Rick Haythornthwaite highlighted Hitchcock’s “over 30 years’ expertise across technology, cyber and AI.” (NatWest Group) NatWest revealed
Singtel stock ticks up after Nxera’s Johor data centre gets 280MW power deal

Singtel stock ticks up after Nxera’s Johor data centre gets 280MW power deal

Singapore, Jan 13, 2026, 14:52 SGT — Regular session Singapore Telecommunications (Singtel) shares climbed 0.9% to S$4.50 on Tuesday following updates that its regional data centre arm advanced plans for a new campus in southern Malaysia. (Investing.com) This deal is crucial since the real constraint for Southeast Asia’s data centres has shifted from physical space to electricity supply. As cloud and AI workloads soar, developers are rushing to secure long-term power contracts. (Datacenter Dynamics) Telekom Malaysia and Nxera’s joint venture, TM Nxera, inked a multi-year deal with Tenaga Nasional to lock in 280 megawatts for a campus in Iskandar Puteri,
Allegiant to buy Sun Country in $1.5B deal as budget airline stocks split

Allegiant to buy Sun Country in $1.5B deal as budget airline stocks split

NEW YORK, January 13, 2026, 01:13 (EST) Allegiant Travel Co (ALGT.O) is set to acquire Sun Country Airlines (SNCY.O) in a $1.5 billion deal involving both cash and stock, merging two U.S. airlines focused mainly on leisure travel routes. Shares of Sun Country jumped roughly 11% Monday, while Allegiant slipped about 6%. Investors seemed split, weighing the hefty premium against potential cost savings and expanded routes. https://www.investopedia.com/two-low-cost-airlines-plan-to-merge-wall-street-likes-the-deal-algt-scny-11883381 The timing isn’t a coincidence. Low-fare airlines have been chasing more stable profits as fuel, labor, and airport expenses remain stubbornly high, while pricing swings sharply whenever demand shifts. Allegiant pitched the merger
Pfizer stock dips as CEO says obesity-drug cash-pay demand looks “almost like Viagra”

Pfizer stock dips as CEO says obesity-drug cash-pay demand looks “almost like Viagra”

New York, January 12, 2026, 20:17 (EST) — Market closed. Pfizer Inc. shares fell on Monday after Chief Executive Albert Bourla said the cash-pay market for obesity drugs — where patients pay out of pocket — now works “almost like Viagra”, the erectile-dysfunction drug Pfizer launched in 1998. The company, which bought obesity developer Metsera in a deal valued at up to $10 billion and has said it does not expect to return to revenue growth until 2029, closed down 0.8% at $25.27. (Reuters) The remarks land as Pfizer tries to convince investors its post-COVID reset is more than cost
AbbVie stock flat after-hours as TrumpRx pricing deal and RemeGen cancer pact land

AbbVie stock flat after-hours as TrumpRx pricing deal and RemeGen cancer pact land

New York, Jan 12, 2026, 19:48 EST — After-hours AbbVie shares barely moved in after-hours Monday following a new three-year pricing pact with the Trump administration. The drugmaker also announced two deals to strengthen its pipeline and boost U.S. manufacturing. The stock slipped less than 0.1% to $220.04. The timing is crucial as Washington ramps up pressure on drugmakers over pricing, while trade policy and tariffs linger in corporate discussions. Investors are sorting out which costs are truly significant versus just noise. AbbVie’s moves bring policy risk, dealmaking, and capital spending into one sharp focus. With earnings season approaching for
Johnson & Johnson stock rises after Delaware court pares Auris damages as earnings near

Johnson & Johnson stock rises after Delaware court pares Auris damages as earnings near

New York, Jan 12, 2026, 18:44 EST — After-hours Johnson & Johnson shares climbed roughly 2.6% to $209.72 in after-hours Monday, following Delaware’s Supreme Court tossing out a portion of a nearly $1 billion damages award linked to its 2019 surgical-robotics acquisition. The ruling comes at a sensitive time for major healthcare stocks: investors prize steady earnings but react sharply to unexpected legal costs. As J&J prepares to report earnings next week, shifts in the amount or timing of any payout will draw close scrutiny. It also touches on another investor theme. On Monday, J&J’s management pitched a growth story
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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