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Thursday newspaper round-up: Daily Mirror, Tesla, Unaoil

(Sharecast News) - Nurses, care home staff and police officers working on Christmas Day will be thousands of pounds worse off than they were a decade ago as a result of wages failing to keep pace with prices, Trades Union Congress analysis has shown. Urging the government to raise the minimum wage to £10 an hour, the TUC said the key workers expected to keep Britain going on 25 December had taken real pay cuts since 2010. - Guardian The EU has taken a first step in setting a 15% minimum corporate tax for multinationals, in line with a global agreement struck earlier this year, as the White House has hit a hurdle in its efforts to turn the pact into law. Announcing the launch of a new EU tax directive, Paolo Gentiloni, commissioner for the economy, said he expected the 27 member states to agree on the fine details within six months despite concerns held in some European capitals. - Guardian

The publisher of the Daily Mirror faces an intervention by the Pensions Regulator after refusing demands from its retirement scheme to make larger contributions to address a substantial funding deficit. Reach, which as well as the Mirror titles publishes the Express, the Star and dozens of regional newspapers and websites, has hit a stalemate in triennial negotiations with the trustee of its pension fund. - Telegraph

Telsa is being investigated by US authorities for allowing video games to be played on the dashboard while vehicles are moving. The "Passenger Play" feature is used in about 580,000 Teslas in the US. Concerns have been raised that drivers themselves can play games while the car moving, or be distracted by passengers playing on the car's large central touchscreen. - Telegraph

A second former energy company executive is to appeal a bribery conviction as pressure mounts on fraud investigators over their handling of the Unaoil prosecutions. Lawyers for Paul Bond, 69, a former senior sales manager at SBM Offshore, a Dutch company, told The Times that they had lodged papers with the Court of Appeal to challenge his conviction. - The Times

A former hedge fund faces a £40.8 million fine from the City watchdog for failing to manage conflicts of interest created by an investment pot that was open only to the firm's employees. The penalty from the Financial Conduct Authority centres on alleged shortcomings in the way that BlueCrest Capital Management UK handled the movement of its traders between an external fund for outside investors and an internal vehicle that managed the personal wealth of its staff and partners. - 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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