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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.

Tuesday newspaper round-up: Elon Musk, Julian Dunkerton, SSE/TotalEnergies

(Sharecast News) - Elon Musk has said he plans to give $45m a month to a Super Pac focused on electing Donald Trump, starting in July, the Wall Street Journal has reported. The tech billionaire, who endorsed Trump two days ago, has already donated what was described as "a sizable amount" to the America Pac, though the actual amount of the donation will not be made public in election filings until 15 July, Bloomberg reported. - Guardian Britain is taking its first steps towards forging closer trading links with the EU in meetings between the new business secretary, Jonathan Reynolds, and international counterparts in Italy. In his first overseas visit since Labour's election landslide, Reynolds will tell a G7 meeting of trade ministers in the Italian city of Reggio Calabria that the new UK government wants to foster a "closer, more mature relationship with our friends in the EU". - Guardian

The founder of Superdry has insisted the struggling "dad brand" will become cool again as it prepares for life after delisting from the London Stock Exchange (LSE). Julian Dunkerton, who founded the retailer in 2003, vowed to make Superdry "so much more relevant" to customers as part of a major overhaul which will end its 15-year tenure as a UK-listed company. - Telegraph

The message is clear and simple. "Let's remember the mission - to create a world of better leaders and managers," the founder and former chief executive of Admiral Group declares to his almost 5,000 TikTok followers. Henry Engelhardt, who launched FTSE 100 insurer in 1993 and was its chief executive for 23 years before leaving the business, starts each of his videos with the same refrain as he teaches the generally younger viewers of TikTok the secrets of successful management. - The Times

SSE and TotalEnergies have created a joint venture to install 3,000 electric vehicle charging points in the UK and the Republic of Ireland. The new ultra-fast charging points are intended to provide enough power in only six minutes for a vehicle to travel more than sixty miles. The business, named Source, will install the charging points over the next five years. To maximise their use, they will be located in 300 hubs along main roads and in urban areas. - The Times

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Friday newspaper round-up: Amazon, Barclays, Epstein
(Sharecast News) - Amazon announced plans to spend $200bn on artificial intelligence and robotics this year, the latest tech giant to vow fresh enormous investments in the artificial intelligence arms race. The news of the investment comes one day after the Washington Post, owned by Amazon founder Jeff Bezos, announced it was cutting approximately a third of employees. - Guardian
Thursday newspaper round-up: Bond markets, Nike, ElevenLabs
(Sharecast News) - A government minister has defended long delays to a military spending plan that are also stalling the UK's next-generation Tempest fighter jet programme, but refused to say when it will be complete. The defence investment plan (DIP), originally expected last autumn, has faced repeated postponements amid warnings that the military faces a £28bn funding gap over the next four years. - Guardian
Wednesday newspaper round-up: Migration, women in tech, mini-nukes
(Sharecast News) - The UK economy would be 3.6% smaller by 2040 if net migration fell to zero, forcing the government to raise taxes to combat a much bigger budget deficit, a thinktank has predicted. The National Institute of Economic and Social Research (NIESR) said falling birthrates in the UK and a sharp decrease in net migration last year had led it to consider what would happen if this trend continued to the end of the decade. - Guardian
Tuesday newspaper round-up: Riverford, US investment, Publicis
(Sharecast News) - Consumers searching for healthy food from trusted sources have fuelled the UK organic market's biggest boom in two decades, according to vegetable box seller Riverford. The delivery business, which sells meat, cheese, cookbooks and recipe boxes alongside vegetables, recorded a 6% increase in sales to £117m in the year to May 2025, as the UK organic food and drink market grew by almost 9% in that year, according to new figures from the Soil Association. The strong growth, significantly outpacing the wider food market, helped the employee-owned business give a £1.1m bonus to workers. - Guardian

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