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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.

Friday newspaper round-up: BAE Systems, National Grid, Wilko

(Sharecast News) - The British defence company BAE Systems is setting up a local entity in Ukraine and has signed deals with its government to help ramp up its supply of weapons and equipment. BAE said it would work directly with Kyiv to explore potential partners for a plan to ultimately produce 105mm light artillery guns in Ukraine and to better understand Ukraine's requirements. - Guardian The National Grid has confirmed it will pay households to cut their electricity usage again this winter as part of efforts to keep Britain's lights on. From November to March, households and businesses will be called on to curb their power usage - by signing up to the so-called demand flexibility service - when the grid is particularly stretched. - Telegraph

Emmanuel Macron's Government has accused Unilever, Nestle and Pepsico of refusing to pass lower costs on to families as Paris battles to control double-digit food inflation. Bruno Le Maire, France's finance minister, singled out the multinationals for criticism as he promised measures to "definitively break the price spiral". - Telegraph

The Canadian tycoon behind HMV was last night finalising a deal to buy the majority of Wilko, the collapsed British homewares retailer. Administrators confirmed that Doug Putman, 39, whose family also owns Toys 'R' Us in Canada, had made an offer for 300 of Wilko's 400 stores, which would secure between 8,000 and 9,000 jobs out of the 12,500 total. - The Times

Potential bidders for the Telegraph newspapers plan to question Goldman Sachs, which is overseeing an auction of the business, over the ownership of a website name seen as crucial to plans for expansion overseas. Telegraph Media Group is understood to have been seeking for years to buy the domain name Telegraph.com, which at present redirects to a page hosting links to various news and advertising sites. It has no connection to the newspapers' official site, Telegraph.co.uk. - The Times

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Sunday share tips: PPHE, Keystone Law
(Sharecast News) - The Financial Mail on Sunday's Midas column labelled shares of PPHE an "attractive long-term buy" citing their valuation.
Sunday newspaper round-up: Middle East, Aston Martin, Defence
(Sharecast News) - Britons must accept that their country was now involved in the Middle East conflict, Tobias Ellwood said. The former defence minister warned that "nobody was in full control" of the growing conflict as more and more countries were sucked in. Ellwood also said that Tehran's strike had taken the conflict into a "new dangerous territory". - Sunday Telegraph
Friday newspaper round-up: Everton, AstraZeneca, Amazon
(Sharecast News) - Everton has paid about £30m in interest charges to an opaque lender associated with a tax exile, corporate records suggest. The charges appear to have reached about £438,000 a week, according to the troubled Premier League club's most recent set of accounts, a figure more than three times the reported wages of the Everton and England goalkeeper Jordan Pickford. - Guardian
Thursday newspaper round-up: Border controls, McKinsey, KPMG
(Sharecast News) - New post-Brexit UK border controls coming into force later this month will cost British businesses £2bn and fuel higher inflation, according to a report warning that UK-EU trade will be damaged as a result. With less than a month before the introduction of new checks on animal and plant products from 30 April, the insurer Allianz Trade said the controls agreed under Boris Johnson's Brexit deal could add 10% to import costs over the first year. - 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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