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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: Macron, THG, LSE Group

(Sharecast News) - France's president, Emmanuel Macron, has been accused of gambling with French democracy after announcing that he will dissolve parliament and call snap legislative elections in the wake of his allies' crushing defeat to Marine Le Pen's far-right National Rally (RN) in Sunday's European parliament elections. - Guardian A leading shareholder in THG has joined a revolt against the company's chairman as investors put pressure on the business to address its flagging share price. Ophorst Van Marwijk Kooy Vermogensbeheer, a Dutch investment firm that is the ecommerce group's tenth largest investor with a stake of 1.89 per cent, has joined calls from Kelso, an activist fund, to vote against the re-election of Lord Allen of Kensington as chairman of what was The Hut Group. - The Times

She is diminutive, dapper and softly spoken, but Julia Hoggett, boss of the London Stock Exchange, pulls no punches in the battle between global stock exchanges to attract multi-billion pound company listings. 'You should assume we're going after everything. We fight for everything,' she says. The London market has been losing out to rivals, particularly Wall Street, as companies have defected or chosen to list elsewhere. - Daily Mail

Labour is planning to override local councils to build data centres on the green belt, as Sir Keir Starmer's Opposition seeks to boost Britain's artificial intelligence industry. Peter Kyle, the shadow science, innovation and technology secretary, is understood to be considering classing data centres as nationally significant infrastructure projects in a bid to bypass opposition from Nimbys. - Daily Telegraph

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Thursday newspaper round-up: CMA, Riverford, Lloyds, Arm Holdings
(Sharecast News) - The appointment of the former boss of Amazon UK to lead the competition watchdog poses a threat to its independence and pledge to hold big tech to account, according to a group including tech companies and the former business secretary Vince Cable. The group - which includes the News Media Association, the Firefox developer Mozilla, the consumer group Which? and the Future of Technology Institute - has written to the chancellor, Rachel Reeves, to raise concerns about the appointment of Doug Gurr as the interim chair of the Competition and Markets Authority (CMA). - Guardian
Wednesday newspaper round-up: Thames Water, Johnson & Johnson, BoE
(Sharecast News) - Thames Water may need as much as £10bn in debt and equity investment to repair its finances, according to a representative of creditors hoping to lend the struggling utility another £3bn. London's high court heard evidence on Tuesday that suggested the UK's largest water company may need significantly more resources than the roughly £6.3bn it has previously indicated. - Guardian
Monday newspaper round-up: Zero-hours contracts, Barclays, Asos
(Sharecast News) - Hundreds of thousands of British workers are on zero-hours contracts despite being with the same employer for years, according to analysis from the TUC. The majority of zero-hours contract workers have been with their employer for more than 12 months, while one in eight have not been granted regular employment rights after more than a decade working in the same place, the organisation said. - Guardian
Friday newspaper round-up: Apple, Daily Mail, OpenAI, Homebase
(Sharecast News) - Apple slightly beat analysts' expectations in its first-quarter earnings for fiscal year 2025 on Thursday. The iPhone-maker's revenue rose by 4%, coming in at $124.30bn, barely above estimates of $124.12bn. Earnings per share were $2.40, just ahead of analysts' expectations of $2.35. Shares rose more than 8% in extended trading after CEO Tim Cook indicated in an earnings call on Thursday that Apple is on the trajectory for revenue growth next quarter. - 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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