Skip Header
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: Shell, fuel retailers, Sizewell C

(Sharecast News) - Shell's board faces a shareholder rebellion as large investors including the UK's biggest pension scheme prepare to back a climate activist resolution. Twenty-seven investors have agreed to back a resolution filed by the Dutch shareholder activists at Follow This that calls for the oil company to align its medium-term emissions reduction targets with the 2015 Paris agreement. - Guardian Fuel retailers will be forced to share near-live information on price changes at the pump to help drivers find the cheapest petrol and diesel, after the government accused them of treating motorists as "cash cows". Petrol station owners will be required to provide data within half an hour of any change as part of a political effort to bring transparency to the sector amid concerns that drivers are being ripped off. - Guardian

Sir James Dyson has turned to a car industry veteran to run his gadget empire, years after he sank £500m into a doomed attempt to build an electric vehicle. Hanno Kirner, who has had executive stints at Jaguar Land Rover, Rolls-Royce and Aston Martin, will become Dyson's new chief next month, replacing Roland Krueger after four years. - Telegraph

Plans for the construction of a second new nuclear power plant in Britain have moved a step closer after a development consent order was officially triggered. Sizewell C in Suffolk is expected to cost about £20 billion and could generate enough energy to power six million homes. - The Times

The Greek government is to sell more than half of its majority stake in Athens International Airport, which could result in control of the gateway moving to Germany. The Greek government said that it aimed to dispose of a 30 per cent stake in Athens airport, also known as Eleftherios Venizelos after the Greek national liberation leader, in an initial public offering on the local stock market. That could be as early as next month. The stake could be worth €800 million, according to industry estimates. - The Times

Share this article

Related Sharecast Articles

Sunday share tips: Moneysupermarket, Impax
(Sharecast News) - Lucy Tobin at the Sunday Times tipped shares of Moneysupermarket, arguing that the energy sector would recover at some point.
Friday newspaper round-up: Energy price cap, Mike Lynch, News Corp
(Sharecast News) - The energy price cap in Great Britain will fall to the equivalent of £1,568,a year this summer after a drop in wholesale gas prices. Set by the energy regulator, Ofgem, the cap reflects the average annual dual-fuel bill for 29m households and takes effect from July until the end of September. The cap, which is set quarterly, will fall £122 in July from its current level of £1,690, easing the pressure on household finances. - Guardian
Thursday newspaper round-up: Mike Lynch, smart meters, Very Group
(Sharecast News) - San Francisco federal courthouse on Thursday as a key witness in his own criminal fraud trial, which began in March. US authorities have charged the former software tycoon with 16 counts of wire fraud, securities fraud and conspiracy relating to his company's acquisition deal with Hewlett-Packard in 2011. If convicted, Lynch faces up to 25 years in prison. He has pleaded not guilty. - Guardian
Wednesday newspaper round-up: Anglesey power station, electric cars, Eurostar passengers
(Sharecast News) - Ministers have earmarked north Wales as the site of a large-scale nuclear power plant, which is part of plans to resuscitate Britain's nuclear power ambitions. Wylfa on Anglesey (Ynys Môn) has been named as the preferred site for the UK's third major nuclear power plant in a generation, coming after EDF's Hinkley Point C nuclear plant, which is under construction in Somerset, and its Sizewell C nuclear project planned for Suffolk. - 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.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.