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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.

Sunday newspaper round-up: Ukraine, BP, New Princes IPO

Sun 10 Aug 2025 21:58

(Sharecast News) - America is finished with financing Ukraine's war against Russia, the US vice-president said in an interview. He was speaking at an emergency gathering with European and Ukrainian officials at Chevening hosted by David Lammy. The day before, seven of Europe's leaders, including Sir Keir Starmer, issued a joint statement highlighting that "the path to peace in Ukraine cannot be decided without Ukraine" and that Kyiv needed security guarantees. - The Sunday Times

BP will reopen the Murlach oil field in the North Sea despite Ed Miliband's efforts to shrink the offshore industry. The field was declared uneconomic in 2024, but thanks in part to new technologies it is once again deemed viable. A restart could occur during the next month. - Sunday Telegraph

The business that makes Princes Tuna, Crisp'N Dry cooking oil and Napolina Italian food brands has been reaching out to investors regarding a possible flotation that might reopen the London market for IPOs before 2025 is out. The business is expected to fetch a valuation of at least £700m with a listing being sought in the autumn. Many other companies are thought to be looking at listing in London. - The Sunday Times

The Guardian has gotten hold of surveillance images taken by spies hired by oligarchs - who had the backing of billions from Vladimir Putin's regime - whose business was being probed by the Serious Fraud Office for suspected corruption and fraud. The images started being taken in 2019 but the case, a major one, was eventually dropped. - Guardian

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