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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: Airbnb, Virgin Atlantic, Harland & Wolff

(Sharecast News) - The Royal Mint has unveiled a "pioneering" factory that will recover gold from electronic waste, creating a more sustainable source of the precious metal for the coin manufacturer's luxury jewellery line. The factory in south Wales, which has been under construction since March 2022, is designed to extract gold from up to 4,000 tonnes a year of circuit boards sourced in the UK from electronics including phones, laptops and TVs. - Guardian The vacation rental company Airbnb forecast third-quarter revenue below Wall Street estimates on Tuesday and reported a lower second-quarter profit, as it flagged weakening demand from US customers. Shares of the company were down about 12% after the bell. Domestic travel in the United States has been pressured since the start of the year as more Americans grow cautious about travel spending amid growing economic uncertainty. - Guardian

Sir Richard Branson's Virgin Atlantic has been banned from describing its green jet fuel as "sustainable" after it was accused of "misleading" customers during an advertising campaign. In a ruling on Tuesday, Virgin was found to have breached rules while advertising its first-ever transatlantic service powered by so-called sustainable aviation fuel (SAF). - Telegraph

The Titanic shipbuilder Harland & Wolff has been plunged deeper into crisis after the Falkland Islands withdrew from £120m contract talks. The Belfast-based company had previously been chosen as the preferred candidate to build a new floating dock for the British overseas territory. But on Tuesday it revealed the Falkland Islands government (FIG) had "decided to cease further contractual negotiations". - Telegraph

The value of Old Master paintings, statues and other objets d'art owned by the FTSE 250 investment trust RIT Capital has inadvertently come to light as a result of their reclassification in its latest accounts. RIT-owned objects housed in Spencer House, a sumptuous palace in the St James's district of London, where the managers of the trust work, are now believed to be valued at around £3.5 million. - The Times

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Sunday newspaper round-up: Panama Canal, Warhammer, Thames Water
(Sharecast News) - Donald Trump is asking that the Panama Canal be returned to the US unless Panama addresses his criticism of how the waterway is managed. In a post on social media platform Truth Social, Trump described the current arrangement as a complete 'rip-off' which will "immediately stop". He also warned against that the key interoceanic route would not be allowed to fall into the "wrong hands". He also appeared to caution against possible Chinese influence in the canal. - Guardian
Friday newspaper round-up: Aldi, Richard Desmond, Collateral
(Sharecast News) - The grocery industry watchdog is to make a rare intervention in a Yorkshire sprout grower's £3.7m legal case against Aldi over the discount chain's decision to terminate a long-term supply deal. In papers filed at the high court, W Clappison Ltd, which produced sprouts for Aldi's UK arm for 13 years, said its supply agreement was ended in February last year at planting time without reasonable notice so it was unable to find new clients immediately. It said it was forced to cease sprout production and sell off its machinery. - Guardian
Friday newspaper round-up: Aldi, Richard Desmond, Collateral
(Sharecast News) - The grocery industry watchdog is to make a rare intervention in a Yorkshire sprout grower's £3.7m legal case against Aldi over the discount chain's decision to terminate a long-term supply deal. In papers filed at the high court, W Clappison Ltd, which produced sprouts for Aldi's UK arm for 13 years, said its supply agreement was ended in February last year at planting time without reasonable notice so it was unable to find new clients immediately. It said it was forced to cease sprout production and sell off its machinery. - Guardian
Thursday newspaper round-up: Water bills, Brexit, Imperial Brands
(Sharecast News) - Households in England and Wales will see their water bills rise by an average of £31 a year, as suppliers pay to fix leaky pipes and cut pollution. The industry regulator Ofwat said on Thursday it would allow companies to raise average bills will rise by £157 over five years to an average of £597 by 2030 to help pay for investment. - 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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