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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.

Tuesday newspaper round-up: Influencers, Microsoft, Canal+

(Sharecast News) - Britain's financial watchdog has interviewed 20 social media influencers under caution, as it clamps down on "finfluencers" who may be touting financial services products illegally. The 20 were interviewed voluntarily using the Financial Conduct Authority's criminal powers. Potential penalties include fines and imprisonment of up to two years. - Guardian Microsoft is introducing autonomous artificial intelligence agents, or virtual employees, that can perform tasks such as handling client queries and identifying sales leads, as the tech sector strives to show investors that the AI boom can produce indispensable products. The US tech company is giving customers the ability to build their own AI agents as well as releasing 10 off-the-shelf bots that can carry out a range of roles including supply chain management and customer service. - Guardian

The French media giant behind the Paddington films is seeking a valuation of up to €8bn (£6.7bn) when it lists on the London Stock Exchange, which would make it the largest debut listing of the year. Canal+, which owns Paddington producer StudioCanal, is expected to appear on the LSE in mid-December as part of a spinout by its parent company Vivendi. City sources said the debut is likely to value Canal+ in a range between €6bn and €8bn - which would give the embattled market a much-needed boost. - Telegraph

Almost a third of UK businesses are calling for the government to support British trade by reducing Brexit-related regulations and red tape. A survey by Santander found that nearly three quarters (74 per cent) of businesses are confident they will grow in the next three years and 36 per cent are "very confident" about future growth, compared with just 22 per cent a year ago. - The Times

Dow Jones and the New York Post have filed a lawsuit against Perplexity, the artificial intelligence startup, for "shamelessly" ripping off their journalism for its search engine. The News Corp-owned publishers have alleged that Perplexity's AI-generated "answer machine" has copied "vast" quantities of journalists' work into its database. - The Times

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Sunday newspaper round-up: Unsustainable, Inheritance Tax, Payslips
(Sharecast News) - The government's debt pile is set to soar to "unsustainable" levels, the Chancellor's new fiscal rules not withstanding, official data reveal. During the previous week, Rachel Reeves binned the old methodology used to measure public debt, which will allow her to foist enormous additional liabilities on future generations of Britons. The new rules will let her borrow £50bn yet claim that she can balance the books. - The Financial Mail on Sunday
Friday newspaper round-up: Tax rises, WiseTech Global, heat network zones
(Sharecast News) - City firms are only rarely docking pay and bonuses in cases of bad behaviour including sexual harassment, bullying and drug use, according to the industry's watchdog, which recorded a 40% rise in complaints about non-financial misconduct last year. The findings are the result of the City regulator's first survey looking at the issue, which was launched in the wake of high-profile allegations of sexual harassment, including those against individuals at the Confederation of British Industry (CBI) lobby group. - Guardian
Thursday newspaper round-up: Boeing, property landlords, HSBC
(Sharecast News) - Boeing workers have rejected the latest offer to end the more than a month-long strike that has crippled the already struggling manufacturing giant. In a blow to Boeing and the Biden administration, which has fought for a resolution to the dispute, 64% of the 33,000 members of the International Association of Machinists and Aerospace Workers union voted to reject the contract, the union said late on Wednesday. - Guardian
Wednesday newspaper round-up: Water companies, Sellafield, EY
(Sharecast News) - Hundreds of millions of pounds of local transport funding in England could be cut in next week's spending review despite having been agreed with regional mayors, putting bus, tube and tram improvements at risk. The mayors, most of whom are Labour, are engaged in a last-minute lobbying campaign to stop the Treasury raiding their transport budgets as Rachel Reeves looks for immediate savings. - 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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