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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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Wednesday newspaper round-up: Aviva Investors, HSBC, car finance
(Sharecast News) - One of the UK's biggest pension funds has lost more than £350m on a series of "calamitous" investments in incinerator power plants that are expected to go bust in the coming days. The Guardian understands that Aviva Investors will put three incinerators into administration this week after pouring millions of pounds into what has been described as the country's "dirtiest form of power generation". - Guardian
Tuesday newspaper round-up: Starling Bank, Asos, Morrisons
(Sharecast News) - Staff have resigned at Starling Bank after its new chief executive demanded thousands of workers attend its offices more regularly, despite lacking enough space to host them. In his first major policy change since taking over from the UK digital bank's founder, Anne Boden, in March, Raman Bhatia has ordered all hybrid staff - many of whom were in the office only one or two days a week, or on an ad-hoc basis - to travel to work for a minimum of 10 days each month. - Guardian
Monday newspaper round-up: Energy bills, Black Friday, Lloyds Bank, Sephora
(Sharecast News) - Household energy bills across Great Britain are set to rise at the start of next year, analysts predict, putting more pressure on household finances. Officially, the price cap for January-March 2025 will be set on Friday morning by regulator Ofgem, limiting what energy providers can charge in England, Scotland and Wales. - Guardian
Sunday newspaper round-up: Kursk, AstraZeneca, BAE Systems
(Sharecast News) - America's President has authorised Ukraine to employ long-range ATACMS supplied by the US to strike targets inside Russia. More specifically, Kyiv will now be allowed to strike targets within the Kursk region, the New York Times reported. Speculation may increase that permission from Britain, the US and France to do the same with Storm Shadow missiles could follow. Joe Biden's decision is said to have been triggered by the appearance of North Korean troops in the Kursk region. - The Sunday Telegraph

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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