Skip Header
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: Rolls-Royce, Amazon, Arm

(Sharecast News) - Reusing and repairing household goods, from washing machines to phones, and recycling throwaway consumer items such as plastic bottles, could create hundreds of thousands of green jobs across the UK, a thinktank has found. The UK creates thousands of tonnes of unnecessary waste each year, some of which is still exported, because of a failure to value resources and invest in the infrastructure needed to re-purpose manufactured goods. - Guardian Workers feel under pressure to disguise their mental health struggles from colleagues despite feeling less able to cope than they did before the pandemic, according to research released as the government advocates a return to the workplace. About half (51%) of respondents to a survey said they felt under pressure to put on a brave face at work, while four in 10 said they felt less resilient since the Covid crisis struck. - Guardian

Britain has taken a crucial step towards creating a fleet of mini reactors that would reduce reliance on Chinese money and nuclear technology after Rolls-Royce secured investment to build the world's first production line. A consortium led by the FTSE 100 engineer has secured at least £210m needed to unlock a matching amount of taxpayer funding, which will make it the first "small modular reactors" (SMR) developer to submit its designs to regulators. - Telegraph

Amazon has cut back its Cambridge drone delivery project, shooting down hopes of airborne package drop-offs in the near future. The US technology giant has reportedly slashed up to 100 staff at its Prime Air division, many of them in Cambridge, where the online retailer has been testing unmanned drone deliveries from a secret airfield. - Telegraph

The $40 billion takeover of Britain's most valuable technology business was thrown into doubt last night amid speculation that the government is thinking of blocking the deal on national security grounds. Last September it was announced that Arm, the Cambridge-based microchip designer, was being sold to Nvidia as part of the American chipmaker's push to capitalise on the booming market for semiconductors. - The Times

Share this article

Related Sharecast Articles

Friday newspaper round-up: Essar Energy, M&S, Intertek
(Sharecast News) - Days after the first wave of Russian tanks surged over the border into Ukraine in March 2022, dockers at a port in northern England took a stand. Appalled by Vladimir Putin's brutality, workers at Ellesmere Port in Cheshire vowed never to unload any Russian oil destined for the nearby Stanlow refinery, a major hub for UK fuel supplies. As the spotlight fell on Essar, the Indian-owned conglomerate that is Stanlow's parent company, it also acted fast, ceasing all imports of Russian fuel. - Guardian
Thursday newspaper round-up: Medicine prices, ticket touting, Ryanair
(Sharecast News) - The war in Iran has pushed up the price of widely used medicines in England, including painkillers and hay fever medication, leading pharmacists have warned. Community chemists are charging customers 20-30% more for paracetamol than they did in February, according to the National Pharmacy Association (NPA), and many have run out of certain strengths of aspirin and co-codamol. - Guardian
Wednesday newspaper round-up: SpaceX, airlines, PM Law, Kevin Warsh
(Sharecast News) - The UK could face "hacktivist attacks at scale" if it becomes embroiled in a conflict and the impact could be similar to recent high-profile ransomware incidents, according to the head of the country's online security agency. Richard Horne, chief executive of the National Cyber Security Centre (NCSC), will warn today that nation states now account for the most significant incidents the NCSC deals with. - Guardian
Wednesday newspaper round-up: SpaceX, airlines, PM Law, Kevin Warsh
(Sharecast News) - The UK could face "hacktivist attacks at scale" if it becomes embroiled in a conflict and the impact could be similar to recent high-profile ransomware incidents, according to the head of the country's online security agency. Richard Horne, chief executive of the National Cyber Security Centre (NCSC), will warn today that nation states now account for the most significant incidents the NCSC deals with. - 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.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.