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Friday newspaper round-up: RMT strike, Elon Musk, Apple, Boeing

(Sharecast News) - More than 20,000 rail workers in England have begun a 24-hour strike that will cancel half of services on affected lines as part of a long-running dispute with train operators over jobs, pay and conditions. The stoppage by the National Union of Rail, Maritime and Transport Workers (RMT) - the second of three by rail unions to hit the network this week - will affect most operators in England and some cross-border services into Scotland and Wales. - Guardian Elon Musk is being accused of insider trading in a proposed class action lawsuit by investors. They say the Tesla CEO manipulated the cryptocurrency Dogecoin, costing them billions of dollars. In a Wednesday night filing in Manhattan federal court, investors said Musk used Twitter posts, paid online influencers, his 2021 appearance on NBC's Saturday Night Live and other "publicity stunts" to trade profitably at their expense through several Dogecoin wallets that he or Tesla controls. - Guardian

Apple has denied allegations that it helped US authorities spy on Russian iPhone users. Russia's Federal Security Service (FSB) on Thursday claimed it uncovered a US National Security Agency (NSA) operation which hacked several thousand iPhones using sophisticated surveillance software. The US intelligence agency was allegedly able to use specifically-designed "software vulnerabilities" to infect Apple's phones with previously unknown malware, according to Russia's foreign ministry. - Telegraph

Activity in mergers and acquisitions in Britain is at its lowest level in seven years as dealmakers remain cautious about the economic outlook. The total value of mergers and acquisitions involving UK companies has more than halved to $89 billion in the first five months of the year and the number of deals announced has dropped by 29 per cent, according to the deals intelligence team at the London Stock Exchange Group (LSEG). - The Times

Boeing is bracing itself for another 18 months of instability in its supply chain as it moves to increase production. Dave Calhoun, the group's chief executive, acknowledged that it had suffered because of failures and shortfalls across its "very large, very fragmented" base of suppliers. - 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

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