Open an account Help & support Register Account summary Log out
Skip Header
Home Stock market news

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.

Friday newspaper round-up: Elon Musk, Co-op Bank, BP

Fri 25 Feb 2022 07:29

(Sharecast News) - The US Securities and Exchange Commission has reportedly opened an investigation into whether recent stock sales by Tesla CEO Elon Musk and his brother Kimbal Musk violated insider trading rules. The SEC inquiry - first reported by the Wall Street Journal on Thursday - was sparked in part by the Tesla CEO's own tweets. - Guardian The Co-operative Bank has more than tripled its bonus pot for bankers after a "milestone year" that resulted in its first profit in a decade. The ethical lender, which has struggled to turn a profit since 2011, announced it was paying bankers a total of £13.3m in bonuses for 2021, compared with a £4.2m bonus pot shared among its more than 3,200 staff in 2020. - Guardian

BP is under renewed pressure to abandon its stake in the oil giant Rosneft after Boris Johnson said Britain must reduce its reliance on Russian hydrocarbons. The FTSE 100 oil firm has held a 20pc stake in Russia's state-owned gas company Rosneft for 10 years.- Telegraph

Alibaba has recorded its slowest quarterly growth since its listing in New York in 2014 after being hit by rising competition and a slowing Chinese economy. The world's second largest ecommerce business behind Amazon said that its group sales had risen by 10 per cent in the final three months of last year to 242.6 billion yuan (£28.6 billion). - The Times

Leading chip manufacturers have said that they are prepared for any immediate disruption caused by the Russia-Ukraine conflict to the supply of materials used to make the microprocessors that power cars, smartphones and computers. The United States remains highly dependent on the two countries for materials such as palladium and neon. Techcet, a supply chain research company that advises the world's largest semiconductor manufacturers and suppliers, said that Russia accounted for 35 per cent of the palladium imported to America, while Ukraine supplied the majority of neon consumed in the US chip manufacturing sector. - The Times

Share this article

Related Sharecast Articles

Mon 09 Nov 2026 07:11
Monday newspaper round-up: Youth jobs crisis, 79th Group, Hargreaves Lansdown owners
(Sharecast News) - Fixing Britain's youth jobs crisis will require ministers to drastically increase investment in employment support while avoiding arbitrary cuts to benefits, the head of the trade union movement has said. Before an important official report expected next week, the general secretary of the Trades Union Congress, Paul Nowak, said the government had a "once in a generation chance" to secure young people's futures. - Guardian
Fri 06 Nov 2026 07:14
Friday newspaper round-up: Energy bills, National Lottery owner, FCA
(Sharecast News) - An energy minister has told the bosses of Great Britain's biggest energy suppliers to do more to help households get on top of their unpaid energy bills this winter, before the government spends almost £2.5bn to help write off the country's record high debts. Energy bosses were summoned to a roundtable meeting on Thursday to discuss the government's plan to pay down the energy debts of about 2.4m of the hardest-hit households. - Guardian
Thu 05 Nov 2026 07:15
Thursday newspaper round-up: North Sea drilling, Poundland, ESG funds
(Sharecast News) - The UK is "dangerously" dependent on China for critical raw materials needed for the military, renewable energy infrastructure and AI, a parliamentary investigation has found. MPs on the business select committee called for an urgent centralised policy and the creation of a "critical minerals finance facility" to help fund rare earth and other critical mineral mines, and deploy grants, equity and debt to accelerate a diversification programme. - Guardian
Wed 04 Nov 2026 07:09
Wednesday newspaper round-up: Trade deals, fridge hacks, AMD
(Sharecast News) - Andy Burnham is preparing to announce billions of pounds of trade deals with the EU covering everything from youth visas to pet passports under his vision of a much closer relationship with the bloc. With the prime minister scheduled to meet his European counterparts in Brussels on 20 November, officials have all but agreed three deals that would allow farmers to sell freely to the continent and travellers to take their animals abroad more easily. - 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.

Awards

Award 1
Award 2
Award 3

Policies and important information

Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statements | Cookie policy | Diversity, Equity & Inclusion | Diversity, Equity & Inclusion Reports | Doing Business with Fidelity | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Statutory and Regulatory disclosures | Whistleblowing programme

Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document or Product Summary document which contains important information about the fund.

This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.

© FIL Limited 2026