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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.

Thursday newspaper round-up: Elon Musk, Dr Martens, HSBC

(Sharecast News) - Delivery app riders pedalling through cities and tailbacks at drive-throughs were familiar signs of Britain's hunger for takeaway food at the peak of the Covid pandemic. Now a study suggests it became an enduring habit. After a boom in orders on Deliveroo, Just Eat and other platforms by locked-down consumers, research by the Institute for Fiscal Studies (IFS) suggests the popularity of takeaways, meal deliveries and food-on-the-go bought from retailer such as sandwiches and crisps has remained above pre-pandemic levels after the removal of Covid restrictions. - Guardian Holidaymakers will continue to face limits on the amount of liquid they can carry on flights out of the UK this summer after the government extended the deadline for airports to install new security scanners by a year. The Department for Transport had previously set a target for the introduction of 3D scanners in all UK airports by 1 June, but this has now been extended by 12 months because some major airports will not be ready in time. - Guardian

Elon Musk's Tesla is exploring constructing a multibillion dollar electric vehicle factory in India as the country's prime minister seeks to put the brakes on China's dominance. Tesla is planning to send a team to India later this month to hunt for possible locations for the plant which could be worth as much as $3bn (£2.4bn), the Financial Times reported. - Telegraph

An activist investor in Dr Martens has urged the troubled boot brand to consider a sale or merger amid concerns about its "deeply discounted" valuation. Marathon Partners Equity Management, the New York-based investment company, said it had "serious concerns" about the retailer's stagnant growth and the 80 per cent slide in share price since it listed in London three years ago. - The Times

A break up of HSBC through a spin-off of its Asian business "will not happen," the bank's chairman Mark Tucker has insisted, as bosses seek to move on from a campaign by activist investors to split the lender in two. The future of the London-listed bank became the subject of intense debate in the City two years ago after it emerged that Ping An, a Chinese insurer that is HSBC's biggest shareholder, was agitating for the lender to hive off its Asian operations as a separately listed company based in Hong Kong. - The Times

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Sunday newspaper round-up: Rentokil, Ukraine, Crowdstrike
(Sharecast News) - BT's former chief executive officer, Philip Jansen, is plotting to takeover Rentokil Initial with the help of private equity. As part of the acquisition, Jansen would take over as executive chairman. In particular, the corporate dealmaker and his financial supporters would focus on making Rentokil's 2022 purchase of US peer Terminix work. In a second phase, the company would move on to acquiring other US companies in the same sector. - Sunday Times
Thursday newspaper round-up: Aslef, unemployment, Microsoft
(Sharecast News) - The co-founders of Silicon Valley's most prominent venture capital firm have announced their support for Donald Trump's bid for re-election, and plan to make substantial donations to back him further. Ben Horowitz and Marc Andreessen, the heads of Andreessen Horowitz, commonly known as A16Z, revealed their plans in a sprawling 90-minute podcast, in which they argued that the future of "American innovation" required a Trump victory. - Guardian
Wednesday newspaper round-up: Harland & Wolff, Octopus Energy, Microsoft
(Sharecast News) - Local councils will have to adopt mandatory housing targets within months under planning reforms to be unveiled on Wednesday as part of Keir Starmer's first king's speech, which the prime minister says will be focused on economic growth. Starmer will introduce a package of more than 35 bills on Wednesday, the first Labour prime minister to do so in 15 years, as he looks to put the economy at the centre of his first year in office. - Guardian
Tuesday newspaper round-up: Elon Musk, Julian Dunkerton, SSE/TotalEnergies
(Sharecast News) - Elon Musk has said he plans to give $45m a month to a Super Pac focused on electing Donald Trump, starting in July, the Wall Street Journal has reported. The tech billionaire, who endorsed Trump two days ago, has already donated what was described as "a sizable amount" to the America Pac, though the actual amount of the donation will not be made public in election filings until 15 July, Bloomberg reported. - 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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