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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: UK chemical plants, home workers, BAE Systems

(Sharecast News) - A Cheshire chemicals factory is to start capturing carbon dioxide on an industrial scale from energy generation in what is described as the UK's first major use of the emissions-reduction technology. Tata Chemicals Europe (TCE) hopes to capture 40,000 tonnes of the greenhouse gas per year, reducing its annual emissions by 10% and providing it with a supply of high-purity carbon dioxide that could be used in products ranging from glass and washing detergents to pharmaceuticals and food. - Guardian An Italian company's hacking tools were used to spy on Apple and Android smartphones in Italy and Kazakhstan, Alphabet Inc's Google said in a new report. Milan-based RCS Lab, whose website claims European law enforcement agencies as clients, developed tools to spy on private messages and contacts of the targeted devices, the report said. - Guardian

Employers across the country are preparing to slash pay for home workers as part of radical plans that could ignite a widespread backlash among staff. One in ten companies plan on reducing pay or benefits for home workers after failing to encourage people back to their desks by using a host of incentives, according to a survey of over 1,000 employers by the Chartered Institute of Personnel and Development (CIPD). - Telegraph

Oil and gas bosses rounded on Rishi Sunak over his new windfall tax at a private 40-minute meeting in Aberdeen as they step up efforts to shape the policy before legislation is passed. Executives warned that the higher tax on profits will make the UK a less attractive prospect and was forcing them to rethink investment plans just as the Government tries to boost domestic energy supplies, sources said. - Telegraph

Spain is ordering 20 Eurofighter Typhoon jets, with the UK's biggest defence contractor taking a £500 million slice of the £1.5 billion-plus contract. About 5,000 BAE Systems employees work directly on the Typhoon programme, with thousands more in the UK supply chain. - The Times

One of the government's top climate advisers has raised doubts over EDF's competence to build nuclear plants and called the decision to locate a proposed plant at Sizewell C in Suffolk ridiculous. Lord Deben, who chairs the climate change committee and lives in Suffolk, was accused by EDF of being a nimby after making the comments at a nuclear conference yesterday. - The Times

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Monday newspaper round-up: Interest rates, Morrisons, Octopus Investments
(Sharecast News) - The Trades Union Congress is urging the Bank of England to cut interest rates and rekindle economic growth, pointing to analysis showing that cash-strapped consumers are lagging their international peers. The Bank's monetary policy committee voted 5-4 to leave borrowing costs unchanged this month, after six cuts since mid-2024. - Guardian
Friday newspaper round-up: Anthropic, NS&I, BBC
(Sharecast News) - The artificial intelligence company Anthropic said on Thursday it raised $30bn in its latest funding round that values the Claude maker and OpenAI rival at $380bn, underscoring the breakneck pace of AI investments. The round, led by the Singapore sovereign wealth fund GIC and hedge fund Coatue Management, is among the largest private fundraising deals on record and comes just five months after Anthropic closed its previous round at a $183bn valuation - meaning the company has more than doubled in value since September. - Guardian
Friday newspaper round-up: Anthropic, NS&I, BBC
(Sharecast News) - The artificial intelligence company Anthropic said on Thursday it raised $30bn in its latest funding round that values the Claude maker and OpenAI rival at $380bn, underscoring the breakneck pace of AI investments. The round, led by the Singapore sovereign wealth fund GIC and hedge fund Coatue Management, is among the largest private fundraising deals on record and comes just five months after Anthropic closed its previous round at a $183bn valuation - meaning the company has more than doubled in value since September. - Guardian
Friday newspaper round-up: Anthropic, NS&I, BBC
(Sharecast News) - The artificial intelligence company Anthropic said on Thursday it raised $30bn in its latest funding round that values the Claude maker and OpenAI rival at $380bn, underscoring the breakneck pace of AI investments. The round, led by the Singapore sovereign wealth fund GIC and hedge fund Coatue Management, is among the largest private fundraising deals on record and comes just five months after Anthropic closed its previous round at a $183bn valuation - meaning the company has more than doubled in value since September. - 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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