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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: Boeing, rail strikes, HSBC

(Sharecast News) - Boeing and its former chief executive have settled an investigation by the US's top financial regulator into allegedly misleading statements the planemaker and its then boss made about its 737 Max jets, involved in two deadly crashes in Indonesia and Ethiopia. Boeing will pay $200m to settle charges that it misled investors and the former Boeing chief Dennis Muilenburg has agreed to pay $1m. - Guardian Rail services around Britain will be brought to a near standstill for the first two weekends in October after the RMT union announced a further national strike. About 40,000 RMT members employed by Network Rail and 15 train operating companies will strike for another 24 hours on Saturday 8 October. - Guardian

Britain's power supplies risk running short for 10 hours this winter if it is unable to import power from the continent, according to the latest forecasts from leading energy analysts. LCP explored the "very possible" scenario that Europe won't be able to meet Britain's electricity needs this winter due to its own shortages. - Telegraph

Abuse of Britain's corporate registry by "kleptocrats, organised criminals and terrorists" is to be confronted with the biggest changes to Companies House in 170 years, the government has said. The business department's reforms will tackle the use of UK companies as a front for crime and corruption by making Companies House a "more active gatekeeper". - The Times

The asset management business of HSBC has set out plans to cut investments in thermal coal, months after one of its former top executives caused a furore with his comments about climate change. The investment division of the FTSE 100 bank gave a timetable for removing companies that make money from the polluting fuel from its actively managed holdings by 2040. Its active fund managers will also immediately stop investing in new bonds or the stock market flotations of companies that are expanding their thermal coal operations. - The Times

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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
Wednesday newspaper round-up: Shoplifting, EnQuest, Klarna
(Sharecast News) - The government is investing more than £55m in expanding facial recognition systems - including vans that will scan crowded high streets - as part of a renewed crackdown on shoplifting. The scheme was announced alongside plans for tougher punishments for serial or abusive shoplifters in England and Wales, including being forced to wear a tag to ensure they do not revisit the scene of their crime, under a new standalone criminal offence of assaulting a retail worker. - 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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