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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.

Sunday newspaper round-up: Ted Baker, Shanghai, Just Eat Takeaway

(Sharecast News) - Ted Baker's suitor from the other side of the Pond could step away from its bid for the fashion group. Authentic Brands had been negotiating an acquisition for £1.50 a share. Jut last week Ted Baker had said it was in talks with a 'preferred counter-party'. But now the US group is said to be studying deals elsewhere and the talks will in any case likely take several weeks. Other UK deals were a possibility although the US market remained its main focus. - Financial Mail on Sunday Just Eat Takeaway is facing unexpected hurdles in its plans to divest its US unit Grubhub in the form a multibillion-pound writedown. Grubhub was purchased by Just Eat under a year ago for $7.3bn (£5.8bn). Yet sources say potential bidders are being offered the business at a fraction of that price following the sell-off in the stock market. Indeed, no buyer may be forthcoming at all. - Sunday Times

Shanghai is rushing to avoid an economic disaster through attempts to relaunch economic activity in June following two months of lockdowns on the back of the country's zero-Covid strategy. Authorities are focusing on infrastructure and construction projects, alongside increased lending and reopening international trade. - Sunday Telegraph

Warsaw is laying the groundwork for emergency bond sales to finance its efforts to host millions of Ukrainian war refugees, which have put a big strain on the government's finances. By issuing so-called social bonds, the Polish government is hoping to benefit from the recent drive for ethical investing, demand for which has pushed interest rates on such debt down. - Sunday Telegraph

Royal Mail's bosses have drawn up plans to boost the delivery outfit's Sunday proposition tenfold, meaning that customers will not have to wait until after the weekend to receive their parcels. The aim is to achieve leadership in weekend online shopping. The company's boss, Simon Thompson, also hopes to take market share from rivals including Amazon, DPD and Evri. - Financial Mail on Sunday

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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
Tuesday newspaper round-up: Pharma companies, Puig, Thames Water
(Sharecast News) - Rachel Reeves has said an incoming Labour government would launch a £5bn crackdown on tax avoiders to close a gap in its spending plans exposed by Jeremy Hunt scrapping the non-dom regime to finance tax cuts. Warning households and businesses that Labour was prepared to adopt tough measures to tackle tax fraud and non-compliance, Reeves said the funding would be used to pay for free school breakfast clubs and additional NHS appointments. - Guardian
Monday newspaper round-up: Boeing, rent rises, e-scooters, Santander UK
(Sharecast News) - US airline regulators have launched an investigation after an engine cowling on a Boeing plane fell off during takeoff and struck the wing flap. The Southwest Airlines flight 3695 rose to about 10,300ft (3,140 metres) before returning safely 25 minutes after takeoff to Denver international airport at about 8.15am local time on Sunday. It was towed to the gate after landing. The Boeing aircraft with 135 passengers and six crew members aboard had been headed to Houston. No one was injured. - 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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