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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: Meta, Aviva Investors, Govia Thameslink

(Sharecast News) - Mark Zuckerberg has announced his social media empire is building what he claims is the world's fastest artificial intelligence supercomputer as part of plans to build a virtual metaverse. The Facebook founder said in a blogpost that the metaverse, a concept that blends the physical and digital world via virtual and augmented reality, will require "enormous" computing power. The AI supercomputer, dubbed AI Research SuperCluster (RSC) by Zuckerberg's Meta business, is already the fifth fastest in the world, the company said. - Guardian Aviva Investors, an important UK asset manager, has put the directors of 1,500 companies on notice that it is willing to seek their removal if they fail to show enough urgency in tackling issues including the climate crisis and human rights. The firm said the way it votes on the re-election of company board members in the upcoming AGM season would be heavily influenced by its four key stewardship priorities for the year, which also include biodiversity and executive pay. - Guardian

The biggest train operator in Britain is racing to avoid nationalisation as it struggles to overcome accounting failures in time to renew its contract. Plans have been drawn up to take Govia Thameslink into public control after its co-owner, Go-Ahead, on Monday delayed its accounts for a second time following a scandal at another of its rail franchises. - Telegraph

One of Britain's biggest asset managers is exploring how it can enable individual investors and institutions to buy "tokens" in buildings, funds and infrastructure assets. Abrdn, the investment group formerly known as Standard Life Aberdeen, is working with Citigroup on how to broaden access to investments in real assets using blockchain technology. - The Times

A post-Brexit government trade agency has launched a review into whether the UK should drop anti-dumping sanctions against Chinese steel producers. The new Trade Remedies Authority is to investigate whether Britain should relax duties on imports of heavy steel plate from the world's second largest economy. - The Times

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Thursday newspaper round-up: Housing market, Tesco, Orbex
(Sharecast News) - There are "tentative signs" that the housing market in England and Wales is recovering from a months-long slowdown after uncertainty around the autumn budget and economic pressures, estate agents and surveyors have reported. The Royal Institution of Chartered Surveyors (Rics) said its members were feeling more optimistic about the year ahead than at any time since December 2024, as inquiries from new buyers, agreed sales and house prices became less negative in January. - Guardian
Wednesday newspaper round-up: Franchise businesses, Lloyds, small businesses
(Sharecast News) - The UK government needs to eradicate "unsustainable" gaps in the policing of franchise businesses after a series of scandals to hit the sector, a parliamentary committee has found. The conclusion forms part of the business and trade committee's small business strategy report and follows a Guardian investigation in December which revealed claims that Adrian Howe, a former Vodafone employee who had agreed to become a franchisee in 2018, drowned after becoming convinced his deal with the multinational company would prove financially disastrous. - Guardian
Tuesday newspaper round-up: Index of corruption, net zero, small businesses
(Sharecast News) - It would take 137 years for lower-income families in the UK to see their living standards double at the current rate of growth, according to a thinktank. A two-decade stagnation in disposable incomes has created a "mood of unease" across the country, the Resolution Foundation says, warning of the risk of "further political disruption" unless pay growth accelerates. In the 40 years to 2005, the typical disposable income of working-age families in the poorest half of the population doubled, after growing by 1.8% a year on average once adjusted for inflation, according to the thinktank. In the final decade of that period, growth in disposable incomes rose by 4% a year and looked on course to double within 18 years. - Guardian
Monday newspaper round-up: Train drivers, bank chairs, Ocado, cash ISAs
(Sharecast News) - Labour will introduce legislation to lower the minimum age for train drivers to 18 in the House of Commons this week, as figures show fewer than 3% of drivers on Great Britain's railways are under 30. The government is pressing ahead with its proposals for teenage recruits, lowering the minimum age from 20, in a move that ministers hope will stave off a potential shortage of thousands of drivers. - 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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