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Business Updates News 28 January 2026 - 1 February 2026

Saks Off 5th liquidation sales begin as Saks Global moves to close 57 stores

Saks Off 5th liquidation sales begin as Saks Global moves to close 57 stores

Saks Global has begun closing sales at 34 Saks Off 5th stores, with 23 more set to shut by Feb. 2, leaving 12 outlets open. The company, in Chapter 11 bankruptcy, is also closing all Neiman Marcus Last Call locations. Gift cards and rewards now have new expiration dates, and all closing-sale purchases are final. Saks is halting new gift card sales and winding down its Off 5th online operations.
1 February 2026
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Glencore share price: Rio Tinto clock and Canada smelter talks set up the week ahead

Glencore share price: Rio Tinto clock and Canada smelter talks set up the week ahead

Glencore closed down 1.7% at 499.25 pence Friday as merger talks with Rio Tinto faced unresolved valuation issues and a Feb. 5 UK regulatory deadline. Glencore Canada said key elements remain unresolved in negotiations over the Horne smelter’s future. The company flagged a sharp drop in 2025 copper output but expects 2026 production of 810,000–870,000 tonnes.
1 February 2026
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IHC stock price sits near 52-week low as Carlyle-Lukoil talks put Abu Dhabi’s International Holding in play

IHC stock price sits near 52-week low as Carlyle-Lukoil talks put Abu Dhabi’s International Holding in play

International Holding Company PJSC closed at 399.5 dirhams in Abu Dhabi, down 0.03% amid reports of talks with Carlyle over Lukoil’s overseas assets. Trading volume reached 252,368 shares with turnover near 100.8 million dirhams. Abu Dhabi’s main index fell 0.8% as oil prices slipped. The U.S. Treasury set a Feb. 28 deadline for Lukoil’s sale process.
31 January 2026
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Oracle stock price heads into Monday after $88 million Air Force cloud award and fresh AI product push

Oracle stock price heads into Monday after $88 million Air Force cloud award and fresh AI product push

Oracle shares fell 2.6% Friday to $164.58, slipping further after hours, despite securing an $88.1 million U.S. Air Force cloud contract. The Nasdaq dropped 0.94% as investors reacted to Trump’s Fed chair pick and inflation data. Oracle faces a new patent lawsuit from Mobility Workx LLC. Traders await Oracle’s March earnings and Friday’s U.S. jobs report.
31 January 2026
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Disney stock lifts on Iger exit report as investors brace for earnings week

Disney stock lifts on Iger exit report as investors brace for earnings week

Disney shares rose 1.1% to $112.80 Friday after reports that CEO Bob Iger plans to step down before his contract expires, with the stock ticking up to $112.99 after hours. The board will vote on a successor next week. Disney reports fiscal first-quarter results Feb. 2. The company declined to comment on Iger’s timing.
31 January 2026
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Eli Lilly stock climbs after $3.5 billion Pennsylvania plant plan as investors eye earnings

Eli Lilly stock climbs after $3.5 billion Pennsylvania plant plan as investors eye earnings

Eli Lilly shares rose 1.6% to $1,040.80 midday Friday after announcing a $3.5 billion injectable drug plant near Allentown, Pennsylvania, set to open by 2031. Pennsylvania will provide $100 million for the project. Lilly also signed a $1.93 billion autoimmune research deal with Repertoire. Quarterly results are due Feb. 4.
30 January 2026
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Ashtead share price slides nearly 5% as Sunbelt NYSE listing countdown begins

Ashtead share price slides nearly 5% as Sunbelt NYSE listing countdown begins

Ashtead shares fell 4.9% in early London trading after the company set a timetable for its planned U.S. primary listing. Sunbelt Rentals filed a Form 10 with the SEC, triggering a 30-day countdown, with trading in New York and London targeted for March 2. Ashtead continued its buyback, purchasing 73,921 shares on Jan. 28. The interim dividend will be paid Feb. 6 at 37.5 U.S. cents or 27.60 pence per share.
29 January 2026
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Intel stock price jumps 11% after report Apple, Nvidia weigh Intel foundry work

Intel stock price jumps 11% after report Apple, Nvidia weigh Intel foundry work

Intel shares surged 11% in after-hours trading Wednesday after a DigiTimes report said Apple and Nvidia may shift some 2028 chip production to Intel. CFO David Zinsner bought 5,882 shares last week. The Philadelphia Semiconductor Index rose 1.7% as chip stocks rebounded. ASML reported €13.2 billion in bookings and raised its 2026 sales outlook.
29 January 2026
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Oracle stock price today: ORCL edges higher as TikTok outage and new cloud wins grab focus

Oracle stock price today: ORCL edges higher as TikTok outage and new cloud wins grab focus

Oracle shares rose 0.5% to $175.76 Wednesday morning after a 4.1% drop Tuesday. The company blamed a weekend TikTok outage on a weather-related power failure at a data center. California Governor Gavin Newsom said his office is reviewing TikTok’s moderation after the incident. Oracle also announced new cloud deals in Saudi Arabia and a planned cloud region in Kenya.
28 January 2026
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Pinterest stock steadies premarket after AI-driven layoffs plan rattles investors

Pinterest stock steadies premarket after AI-driven layoffs plan rattles investors

Pinterest shares stabilized premarket Wednesday after a 9.6% drop Tuesday, closing at $23.41, as the company announced plans to cut under 15% of staff and reduce office space to focus on AI. Pinterest expects $35 million to $45 million in pre-tax restructuring charges, with the plan set to finish by September 2026. Investors await more details on cost savings and revenue impact ahead of earnings on Feb. 12.
28 January 2026
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Sage share price today: Sage stock steadies after Q1 revenue climbs 10% as buyback rolls on

Sage share price today: Sage stock steadies after Q1 revenue climbs 10% as buyback rolls on

Sage Group shares rose 0.2% to 991.6 pence in early London trading after a 5.1% drop the previous session. First-quarter revenue climbed 10% to £674 million, led by gains in cloud and recurring streams. The company repurchased 998,691 shares on Jan. 27 at an average price of 1,001.05 pence. Sage confirmed full-year guidance and will hold its AGM on Feb. 5.
28 January 2026
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Keppel share price dips after SAF project plan with Aster; investors eye Feb 5 results

Keppel share price dips after SAF project plan with Aster; investors eye Feb 5 results

Keppel shares slipped 0.2% to S$11.00 in afternoon trading after announcing a plan with Aster to assess an ethanol-to-jet fuel plant on Jurong Island. The facility could produce up to 100,000 tonnes of sustainable aviation fuel a year. Singapore’s SAF blending mandate begins at 1% this year, rising to up to 5% by 2030. Keppel said the project will not materially affect earnings this year.
28 January 2026
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Stock Market Today

Halma share price: Friday’s lift sets up what investors watch next week

Halma share price: Friday’s lift sets up what investors watch next week

7 February 2026
Halma shares closed up 0.7% at 3,548 pence on Friday, valuing the group at about £13.4 billion. The Bank of England held rates at 3.75% in a split vote, keeping rate-cut speculation in focus. Halma’s next trading update is set for March 12. The FTSE 100 ended the week up 0.6%, lifted by bank stocks.
Diageo share price slips into the weekend as investors eye Feb. 25 results

Diageo share price slips into the weekend as investors eye Feb. 25 results

7 February 2026
Diageo shares closed down 1.48% at 1,760 pence on Friday, trailing a 0.59% gain in the FTSE 100. An updated analyst consensus points to a 2.0% fall in first-half organic net sales ahead of interim results due Feb. 25. Trading volume was light, and the stock remains over 22% below its 52-week high.
National Grid share price: what to know before London reopens after BoE signal

National Grid share price: what to know before London reopens after BoE signal

7 February 2026
National Grid shares closed at 1,285 pence in London on Friday, up 0.23%. The Bank of England held rates at 3.75% after a close vote, signaling possible cuts if inflation falls. National Grid announced a wireless power transmission study with Space Solar and marked five years of IFA2 interconnector operations. Its U.S. ADR ended at $88.06, up $1.17.
BAE Systems share price rises into weekend — what to watch before Monday’s London open

BAE Systems share price rises into weekend — what to watch before Monday’s London open

7 February 2026
BAE Systems shares closed up 1.2% at 1,879 pence on Friday, tracking gains in European defence stocks. The company’s market value stands near £54.8 billion. Investors await BAE’s full-year results on Feb. 18 for updates on cash returns and orders. GXO Logistics renewed and expanded its contract to support BAE’s Type 26 frigate program in Scotland.
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