Skip Header
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: Jaguar, Thames Water, Elon Musk

(Sharecast News) - The US has announced new export restrictions targeting China's ability to make advanced semiconductors, drawing swift condemnation from Beijing. Washington is expanding efforts to curb exports of state-of-the-art chips to China that can be used in advanced weapons systems and in artificial intelligence. - Guardian Labour will miss its manifesto target of building 1.5m homes in England before the end of this parliament without more radical reform to the planning system, the thinktank the Centre for Cities has warned. Keir Starmer put tackling housing affordability at the heart of his pitch to voters, promising to "get Britain building again". - Guardian

Jaguar wants "to be bold and disruptive" with its new electric car and redesign, the luxury vehicle maker's managing director told Sky News. The British car maker sparked widespread controversy last month when it unveiled its rebrand ahead of becoming a fully electric brand. - Sky News

The Conservative Party treasurer has emerged as the leading candidate to rescue the stricken Thames Water in return for a major shareholding. Graham Edwards is part of a consortium also including Castle Water, the leading beneficiary of liberalisation of the sector, and the billionaire Pears family. - The Times

Elon Musk has lost an attempt to receive a $56 billion compensation package, despite the backing of Tesla shareholders. A Delaware judge declined on Monday to reinstate the record-breaking pay deal, which was rescinded in a January ruling. Musk, the Tesla chief executive who has become an adviser to Donald Trump, the president-elect, had spent months asking shareholders to support his receipt of the biggest pay package in American corporate history. - The Times

Share this article

Related Sharecast Articles

Monday newspaper round-up: Zuber Issa, Thames Water, BAE Systems
(Sharecast News) - There is "no route to net zero" that ignores the real concerns of businesses, a cabinet minister has warned, as the government prepares to reduce financial penalties handed to carmakers not selling enough electric cars. Ministers are also looking at how cheaper loans could be introduced to help people buy an electric vehicle (EV), after a wave of job losses and closures in which carmakers blamed the onerous fines they were facing. - Guardian
Jefferies upgrades Anglo American to 'buy'
(Sharecast News) - Jefferies upgraded Anglo American to 'buy' from 'hold' on Friday and lifted its price target to 2,850p from 2,500p following the recent share price decline.
Friday newspaper round-up: House sales, fuel prices, The Telegraph
(Sharecast News) - House sales are expected to accelerate over the next four months as buyers seek to benefit from tax breaks that are due to run out in April 2025, according to the online property website Zoopla. The number of home sales increased across the UK this year, pushing up prices by 1.5% in the year to October. Next year prices are expected to rise by 2.5% and transactions will jump by 5%, the website said. - 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.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.