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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Wednesday newspaper round-up: Fracking, Netflix, HSBC

(Sharecast News) - Fracking caused an earthquake every day at the UK's only active site at Preston New Road in Lancashire, analysis has found. Between 2018 and 2019, the site near Blackpool was responsible for 192 earthquakes over the course of 182 days , according to analysis of House of Commons Library data by the Liberal Democrats. - Guardian The number of people who aren't working because of caring commitments is the highest since May 2020, with the last year marking a sustained increase in stay-at-home parents and carers after three decades of decline, new analysis from the Guardian reveals. The figures are a stark warning that at a time of record employment vacancies and skills shortages, families are being "priced out and shut out of work", said Labour's deputy leader, Angela Rayner. - Guardian

Netflix has added subscribers for the first quarter in three to halt the streaming decline trigged by the cost of living crisis. Paid subscribers using the service rose to by 2.4m to 223.1m in the third quarter of 2022. Revenues grew 6pc year-on-year to $7.9bn (£7bn). Shares rose 15pc in after hours trading in New York as investors cheered the unexpectedly strong results. - Telegraph

The boss of Goldman Sachs warned yesterday that there was a "good chance" of recession in the United States and confirmed an overhaul of the bank's structure after its profits almost halved. A robust rise in sales from its bond trading division helped partially to offset a 57 per cent drop in revenue from investment banking amid a sharp slowdown in global dealmaking. - The Times

HSBC misled consumers with its bus-shelter posters proclaiming its green credentials at the time of the global climate-change summit last autumn, the advertising regulator has ruled. Britain's biggest banking group "omitted material information", the Advertising Standards Authority has judged, ordering HSBC not to show the ads again. - The Times

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Friday newspaper round-up: Bank branches, mortgages, Northern Rock
(Sharecast News) - The number of UK bank branches that have shut their doors for good over the last nine years will pass 6,000 on Friday, and by the end of the year the pace of closures may leave 33 parliamentary constituencies - including two in London - without a single branch. The tally is being published by the consumer group Which? as it seeks to make the "avalanche" of closures and the "disastrous" impact they can have on local communities an election battleground. - Guardian
Thursday newspaper round-up: JCB, M&S, smart meters
(Sharecast News) - The British digger maker JCB, owned by the billionaire Bamford family, continued to build and supply equipment for the Russian market months after saying it had stopped exports because of Vladimir Putin's invasion of Ukraine, the Guardian can reveal. Russian customs records show that JCB, whose owners are major donors to the Conservative party, continued to make new products available for Russian dealers well after 2 March 2022, when the company publicly stated that it had "voluntarily paused exports" to Russia. - Guardian
Wednesday newspaper round-up: Brexit border outages, Boeing, Stellantis
(Sharecast News) - Lorries carrying perishable food and plants from the EU are being held for up to 20 hours at the UK's busiest Brexit border post as failures with the government's IT systems delay imports entering Britain. Businesses have described the government's new border control checks as a "disaster" after IT outages led to lorries carrying meat, cheese and cut flowers being held for long periods, reducing the shelf life of their goods and prompting retailers to reject some orders. - Guardian
Tuesday newspaper round-up: Tesco, OpenAI, housebuilding
(Sharecast News) - Tesco is facing criticism from "shocked" charities who say they are struggling to distribute unwanted food to homeless and hungry people after they claim the retailer brought in rules that mean unwanted food can only be collected in the evening. The supermarket group has switched to a new system which asks charities to pick up unwanted food, such as items reaching their best before date, only in the evening when a store is closing rather than the following morning, the charities have claimed. - Guardian

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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