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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.

Friday newspaper round-up: Netflix, Amazon, rental market

(Sharecast News) - Netflix has mistakenly launched a set of guidelines for cracking down on password sharing to global users. The streaming service said the guidelines being trialled in Chile, Peru and Costa Rica had been posted accidentally across its help centre pages including in the US on Wednesday, but had since been taken down. - Guardian The Bank of England has sounded the alarm over a worsening crisis in the rental market as high taxes and red tape forces landlords to sell up. In its Monetary Policy Report published on Thursday, the Bank said demand for rental properties has continued to outstrip supply as "the number of landlords choosing to exit the market increased". - Telegraph

Amazon has fallen to its worst ever annual loss and Apple's iPhone sales slumped over Christmas, fuelling fears of a painful correction in the tech sector. The online retail giant posted record festive revenues, but fell to a $2.7bn annual loss, its worst since it went public in 1997 and its first full-year loss since 2014. The online retailer posted revenues of $149.2bn, up 8.6pc, in the three months ending in December, buoyed by its internet services division. - Telegraph

The lack of a national strategy to secure supply chains for semiconductors is "an act of national self-harm", the chairman of the Commons' business select committee has warned. Darren Jones said the government had to act swiftly to keep up with the United States, the European Union and Japan, each of which is putting tens of billions of dollars into fostering homegrown supplies of the critical electronic components. - The Times

The chief executive of NatWest has bowed to pressure from MPs and will appear before the Treasury select committee to answer questions on savings rates, having initially refused to attend. Dame Alison Rose will attend with executives from Lloyds, Barclays and HSBC after she had turned down an invitation to explain why banks had been slow to pass on the Bank of England's recent base rate rises to savers. - The Times

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Sunday newspaper round-up: Copper, Boeing, OPEC+
(Sharecast News) - Analysts believe that copper prices might fall sharply if the US central bank starts lowering interest rates. According to analysts at Liberum that is because once prices are brought under control and the Fed starts cutting rates the metal will lose its attractiveness as an inflation hedge. An increasing number of analysts also believe that an increased need for copper on account of the green revolution has already been priced in. - The Financial Mail on Sunday
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(Sharecast News) - The Financial Mail on Sunday's Midas column touted shares of Raspberry Pi ahead of its upcoming flotation.
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(Sharecast News) - The union that represents workers at Royal Mail has called for a new business model for the company that would see workers given a stake in the company and pay tied to growing services and meeting certain social benefits. Dave Ward, the general secretary of the Communications Workers Union (CWU), said that the potential takeover by the Czech billionaire Daniel Křetínský should provide a moment to overhaul how the company is structured, which could mirror that of US-style public benefit corporations. - Guardian
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(Sharecast News) - A leading City lobby group is calling on the next government to bring in scams legislation that forces big tech and social media companies to cough up to £40m a year to reimburse customers and fight fraud on their platforms. The demand came in a 'financial services manifesto' released by UK Finance, which represents banks, payments companies and other financial firms. UK Finance and its 300 membershave long complained about having to shoulder the costs of fraud against their customers, despite a surge in the number of scammers targeting consumers through platforms such as Facebook and Google. - 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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