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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.

Monday newspaper round-up: B&Q, Airbus, Intel

(Sharecast News) - EU exports of electric cars to the UK worth €30bn a year will be put at risk unless the Brexit trade deal is tweaked, representatives of the sector in Brussels have said. Three of the world's biggest car manufacturers have already called on the British government to open talks over new rules that will see 10% tariffs put on exports to the EU, if 45% of an electric vehicle by value does not originate in the EU or the UK. - Guardian

One of Britain's largest pension schemes has slashed its holding of UK stocks in a blow to Jeremy Hunt's hopes of triggering a 'Big Bang 2.0'. BT's £39bn pension fund has cut back its exposure of London-listed stocks to just £100m - or 0.3pc of assets - new figures have revealed. Investment has fallen from £300m last year and £3.6bn in 2010. The BT scheme is the largest on London's blue-chip FTSE 100 index, with around 270,000 members. - Telegraph

B&Q is lowering the temperature of its stores and dimming the lights in a push to cut costs and avoid price rises as inflation runs rampant. Kingfisher, which also runs the Screwfix chain, has lowered the temperature of heaters in stores by between 1 and 2 degrees celsius. It has started switching on the heating later in the morning and turning it off earlier in the evening. - Telegraph

Airbus is promising Britain's first new helicopter factory in decades, bringing hundreds of new jobs and billions of pounds of exports if the Ministry of Defence chooses it to build a new generation of helicopters to replace the UK's ageing fleet of Pumas. The European aerospace company is competing with the Italian group Leonardo, formerly AgustaWestland, and the American multinational Lockheed Martin to win a £1.1 billion deal to build at least 25 Puma replacements. - The Times

Intel is to spend $25 billion building a new computer chip factory in Israel, the latest in a string of recent investments that have shone a light on the UK's more limited microchip ambitions. Binyamin Netanyahu, the Israeli prime minister, confirmed the deal yesterday and described it as the largest ever international investment in the country. "[It is] a tremendous achievement for the Israeli economy: 90 billion shekels [$25 billion]," he said. - The Times

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Sunday newspaper round-up: Al-Assad, Argentina, Aviva
(Sharecast News) - Syrian President Bashar al-Assad's regime appeared to collapse on Sunday morning, after rebels entered the capital Damascus. Assad's whereabouts are not clear but Moscow or Tehran are possibilities. One source told Reuters that Assad's plane disappeared off the radar when it was headed towards the country's coastal region. It made an abrupt turn before vanishing from the map. The pilot may have turned off the transponder but it's more likely that it was shot down. - Sunday Times
Friday newspaper round-up: Boeing, Boohoo, nuclear power stations
(Sharecast News) - Ten years ago, marketing executives at Britain's biggest supermarket had a brainwave: might slashing the price of basic vegetables tempt shoppers to do their Christmas shop with them? Tesco, under chief executive Dave Lewis, was trying to revive a business reeling after falling sales, five profit warnings and an accounting scandal. That promotion in December 2014, dubbed its Festive Five, offered bags of carrots, potatoes, brussels sprouts, parsnips and a cauliflower for 49p each. - Guardian
Thursday newspaper round-up: Airbus, Boohoo, Home Reit
(Sharecast News) - Ministers are considering renationalising British Steel in a last-ditch attempt to save thousands of jobs, amid a standoff between the government and the company's Chinese owners over a £1bn investment. Jonathan Reynolds, the business secretary, is locked in talks with British Steel and its owner, Jingye, to agree how much each party should put into a rescue plan for its main Scunthorpe site. - Guardian
Wednesday newspaper round-up: British Steel, nuclear power plants, South Western Railway
(Sharecast News) - Ministers are considering renationalising British Steel in a last-ditch attempt to save thousands of jobs, amid a standoff between the government and the company's Chinese owners over a £1bn investment. Jonathan Reynolds, the business secretary, is locked in talks with British Steel and its owner, Jingye, to agree how much each party should put into a rescue plan for its main Scunthorpe site. - 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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