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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.

Wednesday newspaper round-up: Telecoms companies, zero-hours contracts, Boeing

(Sharecast News) - The UK advertising watchdog has cracked down on marketing campaigns by telecoms companies including BT, EE, Virgin Media and O2 for misleading consumers about price rises added to their bills during their contracts. The Advertising Standards Authority (ASA) has issued a batch of rulings against ads run by BT, its subsidiaries EE and Plusnet, as well as TalkTalk, O2 and Virgin Media broadband. - Guardian

Boeing said on Tuesday that it had withdrawn its pay offer to about 33,000 US factory workers and no further negotiations were planned with their union representatives as a strike nears its fourth week. Boeing and the union held their latest round of negotiations with federal mediators on Monday and Tuesday, but talks collapsed and the sides were left locked in acrimonious stalemate showing no signs of being resolved anytime soon, a person briefed on the talks said. - Guardian

Jobs with zero-hours contracts attract 25pc more applicants than equivalent permanent roles, research has found, as Angela Rayner plots a crackdown on the controversial working arrangements. Academics at the London School of Economics (LSE) found workers on zero-hours contracts had "a very strong preference" for their set-up and were "willing to forgo some salary for the flexibility their contract offers." - Telegraph

More than two in five employers say they will cut their staff pension contributions where they can if the chancellor introduces national insurance on them in the budget this month. An informal poll of more than 600 employers found 42 per cent of those that pay more than the statutory minimum would reduce their contributions. - The Times

When Diversified Energy joined London's junior market seven years ago, it positioned itself as a rare and different prospect from the other oil and gas minnows. The American producer pledged to hand back bumper cash returns to investors, backed by a steady stream of cash from the unloved gas wells of the energy majors. The assurance was met with scepticism by some analysts even then, but for a time the company defied its critics, helping to propel its market value from just under £70 million at its admission to Aim to £1.1 billion in 2022. - The Times

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Sunday newspaper round-up: India-Pakistan, Drax Group, Shein
(Sharecast News) - Indian Navy ships test-fired missiles on Sunday to demonstrate the country's ability to launch "long-range, precision offensive" strikes. The move follows rising tensions with Pakistan after an attack on civilians at a tourist site in Kashmir. Also at the weekend, Pakistan's railway minister warned that Islamabad's arsenal of over 130 missiles was "not kept as models". - Guardian
Friday newspaper round-up: Apple, South Korea, Drax...
(Sharecast News) - Apple plans to shift the assembly of all US-sold iPhones to India as soon as next year, according to people familiar with the matter, as President Donald Trump's trade war forces the tech giant to pivot away from China. The push builds on Apple's strategy to diversify its supply chain but goes further and faster than investors appreciate, with a goal to source from India the entirety of the more than 60mn iPhones sold annually in the US by the end of 2026. - Financial Times
Wednesday newspaper round-up: Tesla, IMF, China tariffs...
(Sharecast News) - The Tesla chief executive, Elon Musk, said he will start pulling back from his role at the so-called "department of government efficiency" starting in May. Musk's remarks came as the company reported a massive dip in both profits and revenues in the first quarter of 2025 amid backlash against his role in the White House. On an investor call, Musk said the work necessary to get the government's "financial house in order is mostly done". - The Guardian
Sunday newspaper round-up: Steelmaking, DHL, HSBC
(Sharecast News) - Ministers may do away with the controversial climate change levies in order to help resuscitate British steelmaking. That follows the UK government's recent decision to take over control of the country's blast furnaces at Scunthorpe. Demand for steel will soar as Britain rearms and looks to become more self-sufficient so as to avoid tariffs. - The Financial Mail on Sunday

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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