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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: Wizz Air, Google, JPMorgan

(Sharecast News) - Wizz Air has been named the worst short-haul airline by UK passengers. Passengers surveyed by consumer group Which? gave the Hungary-based carrier one star out of five for boarding experience, cabin environment and seat comfort. - Guardian Google could be forced to take responsibility for videos that YouTube recommends to its users if a landmark legal challenge against the internet giant succeeds in America's top court. The company on Tuesday defended itself in a Supreme Court hearing, the culmination of a years-long legal campaign from the family of a victim of the 2015 Paris terrorist attacks who say that YouTube recommended extremist content to users. - Telegraph

JP Morgan has restricted traders' use of ChatGPT as employers grow increasingly nervous over sensitive data being exposed. JP Morgan is among investment banks to have placed temporary curbs around access to the chatbot tools. Accenture, the tech consultancy which has more than 700,000 workers, has also warned staff over exposing client information to ChatGPT's tools. - Telegraph

A government-backed review on female entrepreneurship has pledged to create three million places for women to access business support over the next three years. The Rose review, led by Dame Alison Rose, chief executive of NatWest Group, which was launched by the Treasury in 2019, said in its latest annual progress report that women had established 151,603 companies, up by 6,332 on the previous year. They represented 20 per cent of all incorporations, compared with 16.7 per cent in 2018. - The Times

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Wednesday newspaper round-up: Amazon, dividends, Weardale Lithium
(Sharecast News) - Amazon profits soared once again in the first quarter of 2024, the company announced on Tuesday - the latest in a series of robust earnings reports for the retail giant. The company attributed the boost to artificial intelligence and advertising sales. Amazon reported overall revenue of $143.3bn in the first three months of the year - up 13% from the same period in 2023 and surpassing Wall Street expectations of $142.65bn. The e-commerce giant reported an increase of more than 200% to $15bn, with net income more than tripling to $10.4bn from $3.17bn at the same time in 2023. - Guardian
Tuesday newspaper round-up: Meta, ExxonMobil, Very Group
(Sharecast News) - The Federal Communications Commission on Monday fined the largest US wireless carriers nearly $200m for illegally sharing access to customers' location information. The FCC is finalizing fines first proposed in February 2020, including $80m for T-Mobile; $12m for Sprint, which T-Mobile has since acquired; $57m for AT&T, and nearly $47m for Verizon. - Guardian
Monday newspaper round-up: Thames Water, Brexit, Babylon
(Sharecast News) - Senior Whitehall officials fear Thames Water's financial collapse could trigger a rise in government borrowing costs not seen since the chaos of the Liz Truss mini-budget, the Guardian can reveal. Such is their concern about the impact on wider borrowing costs for the UK, even beyond utilities and infrastructure, that they believe Thames should be renationalised before the general election. Officials in the Treasury and the UK's Debt Management Office fear that, unless the UK's biggest water company is renationalised as soon as possible, "prolonged uncertainty" about its fate could "damage confidence in UK plc at a sensitive time", with elections in the UK and the US later this year. - Guardian
Sunday share tips: Centrica, Lancashire Holdings
(Sharecast News) - The Sunday Times's Lucy Tobin told her readers to book their profits in Centrica and 'sell'.

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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