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

Fri 03 Jul 2026 07:21
Friday newspaper round-up: Ineos, EG Group, Hill Group
(Sharecast News) - The boss of Currys has said supplies of air conditioning and fans are "tight" ahead of another UK heatwave, expected next week, after a boom in sales sent retailers scrambling to source new stock. Alex Baldock, chief executive of the electrical goods retailer, said cooling kit had been "flying off the shelves" during June's record heat in England. Sales of fans were up nearly 3,000% over the most recent heatwave weekend compared with a week earlier, while air conditioning sales increased 330%. - Guardian
Thu 02 Jul 2026 07:10
Thursday newspaper round-up: EU car industry, Getty Images-Shutterstock, United Utilities
(Sharecast News) - The EU's car industry has called for the UK to be fully included in new "made in Europe" rules that threaten to shut out British manufacturers from their biggest export market. The European Automobile Manufacturers Association (Acea) on Wednesday urged Brussels to give the UK, Turkey and Morocco "justified, targeted exemptions" to the rules, which will require cars and parts to be made within the EU to qualify for subsidies or public procurement. - Guardian
Wed 01 Jul 2026 07:17
Wednesday newspaper round-up: Fuel poverty, Asda, BoE
(Sharecast News) - Millions of households in Great Britain will be pushed into fuel poverty after months of volatility on the global gas markets as energy bills rise by more than £220 a year under the government's price cap from Wednesday. As the cap on gas and electricity rates rises to the equivalent of £1,862 a year, the number of households forced to spend more than 10% of their income on energy bills will increase to 13.5m from almost 11.3m in April, according to fuel poverty campaigners. - Guardian
Tue 30 Jun 2026 07:18
Tuesday newspaper round-up: Brompton, TG Jones, housebuilders
(Sharecast News) - The French sports gear retailer Decathlon and a Chinese investment group that was an early backer of Labubu soft toys have bought stakes in the British folding bike maker Brompton, as its boss said the cycling market was recovering from a slump in sales. Decathlon has acquired a 10% stake in the manufacturer while BA Capital has bought 5% in a deal understood to collectively be worth about £18m. - 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.

Policies and important information
 

Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | 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 | Staying secure | 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