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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: P&O Cruises, John Lewis, Telegraph

(Sharecast News) - P&O Cruises and fellow cruise firm Cunard have made provision to fire and rehire more than 900 UK-based crew unless they accept salary cuts and more flexible working arrangements. The affected crew include officers on the British flagship, the luxury ocean liner Queen Mary 2, and nine other ships operated under Carnival UK, which is part of the $18bn-listed Carnival group. - Guardian John Lewis is to team up with Covid testing firm Randox Health to open clinics within its shops in the latest effort to draw in customers amid tough trading conditions. The clinics, which will be run by Randox staff, will offer full-body health checks including tests for vitamin deficiencies, hormone imbalances and key health concerns, among other services. - Guardian

The Armed Forces should be empowered to buy more foreign weapons to save money, a think tank has said. The Ministry of Defence should take more bids from foreign weapons contractors and get private companies to manage jobs like housing troops, the Institute of Economic Affairs (IEA) has said. - Telegraph

The UK's competition watchdog has been ordered by ministers to support business and economic growth and speed up its decision-making processes following criticism over its handling of Microsoft's $69 billion bid for Activision Blizzard. In a perceived rap over the knuckles for the Competition and Markets Authority (CMA), the government told the regulator in a "strategic steer" that it needed to realise the importance of "minimising the burdens on businesses" that were engaging with it. - The Times

Sultan Ahmed al-Jaber is not named on the website of the Abu Dhabi fund bidding for the Telegraph titles and his Wikipedia page contains no reference to his role in shaping the country's censorship regime. Al-Jaber is, however, poised to become a prominent figure in UK media as chairman of International Media Investors (IMI) and led his nation's censorship agency for five years. The boss of the United Arab Emirates' state oil company - who is now heading the Cop28 climate talks - has been accused by human rights activists of overseeing laws against free expression. Amnesty International criticised him for "exercising strict control over local and international media" as chairman of the National Media Council between 2015 and 2020. During that time, a popular Dubai website was banned for reporting on the liquidation of failed property projects. - The Times

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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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