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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: Energy suppliers, Boeing, Thames Water

(Sharecast News) - EDF, Utilita and British Gas have been named as the worst energy suppliers for customer service, as research shows industry standards have slipped sharply. Citizens Advice said customer service ratings across the industry were among the lowest ever between January and March and average ratings had fallen by 10.5% compared with the same period in 2021. - Guardian Qantas has dropped out of a ranking of the top 20 best airlines in the world a month after it agreed to a $100m fine for allegedly selling flights to customers which did not exist. In this year's world airline awards by Skytrax, Qantas dropped seven places, from 17th to 24th, while Qatar Airways was named the world's best airline ahead of Singapore in second place. - Guardian

Boeing should face criminal charges after violating a settlement over two fatal crashes involving its 737 Max aircraft, US prosecutors have said. The aerospace giant has been accused of breaching a settlement related to the crashes, which took place in 2018 and 2019. The two crashes in Indonesia and Ethiopia killed 346 people, resulting in the longest grounding of a commercial jet in US history for the 737 Max. US prosecutors have said that Boeing violated the terms of its settlement and have recommended that the Department of Justice bring criminal charges, according to Reuters. - Telegraph

Britain's ambitions to become a global leader in artificial intelligence are being put at risk by substandard mobile data networks, the boss of Vodafone has cautioned. In a strongly worded warning, Margherita Della Valle told The Times that this means the UK will be less quick to adopt and take advantage of the technology than its rivals. - The Times

A Labour government would be opposed to renationalising Thames Water, the troubled utility firm with a highly uncertain future. Jonathan Reynolds, the shadow business and trade secretary, said "people should not expect the state to bail out bad investments". His comments come days before the general election next Thursday. - 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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