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  • Friday newspaper round-up: Apple, South Korea, Drax...

    Friday 25 Apr 2025

    (Sharecast News) - Apple plans to shift the assembly of all US-sold iPhones to India as soon as next year, according to people familiar with the matter, as President Donald Trump's trade war forces the tech giant to pivot away from China. The push builds on Apple's strategy to diversify its supply chain but goes further and faster than investors appreciate, with a goal to source from India the entirety of the more than 60mn iPhones sold annually in the US by the end of 2026. - Financial Times

  • Thursday newspaper round-up: UK Temu duty, chlorinated chicken, energy bills, AstraZeneca, EU mobility

    Thursday 24 Apr 2025

    (Sharecast News) - British brands have warned they are being "doubly penalised" after DHL suspended deliveries to the US because of President Trump's tariff war, which is loading extra costs and paperwork on to exporters. The logistics group temporarily halted shipments worth more than $800 to the United States for business-to-consumer deliveries on Monday as it scrambles to deal with added shipping complexities caused by White House policy changes on imports. - The Times

  • Wednesday newspaper round-up: Tesla, IMF, China tariffs...

    Wednesday 23 Apr 2025

    (Sharecast News) - The Tesla chief executive, Elon Musk, said he will start pulling back from his role at the so-called "department of government efficiency" starting in May. Musk's remarks came as the company reported a massive dip in both profits and revenues in the first quarter of 2025 amid backlash against his role in the White House. On an investor call, Musk said the work necessary to get the government's "financial house in order is mostly done". - The Guardian

  • Sunday newspaper round-up: Steelmaking, DHL, HSBC

    Sunday 20 Apr 2025

    (Sharecast News) - Ministers may do away with the controversial climate change levies in order to help resuscitate British steelmaking. That follows the UK government's recent decision to take over control of the country's blast furnaces at Scunthorpe. Demand for steel will soar as Britain rearms and looks to become more self-sufficient so as to avoid tariffs. - The Financial Mail on Sunday

  • Thursday newspaper round-up: UK pharmaceutical firms, Bialetti, baby boomers

    Thursday 17 Apr 2025

    (Sharecast News) - Ministers are having an "active conversation" with UK pharmaceutical firms about the potential impact of US tariffs, amid calls for an emergency taskforce to make sure the supply of medicines is not disrupted. The UK government has been trying to head off the threat of tariffs to the pharmaceuticals industry, which exports about £7bn of goods to the US - just behind the £8.3bn of car exports. - Guardian

  • Wednesday newspaper round-up: UK energy summit, Grant Thornton, Nvidia

    Wednesday 16 Apr 2025

    (Sharecast News) - China is to snub a major UK summit on energy security next week, the Guardian has learned, amid a growing row over the country's involvement in UK infrastructure projects. The US will send a senior White House official to the 60-country summit, to be co-hosted with the International Energy Agency. Leading oil and gas companies are also invited, along with big technology businesses, and petrostates including Saudi Arabia, Qatar and the United Arab Emirates. - Guardian

  • Tuesday newspaper round-up: UK business confidence, Nvidia, Vistry

    Tuesday 15 Apr 2025

    (Sharecast News) - UK business confidence has fallen to the lowest level for more than two years amid growing concern over tax rises and Donald Trump's escalating trade war, according to a survey. Highlighting the risks to the economy, the Institute of Chartered Accountants in England and Wales (ICAEW) said the first quarter of the year had been "harrowing" for companies across Britain. - Guardian

  • Tuesday newspaper round-up: UK business confidence, Nvidia, Vistry

    Tuesday 15 Apr 2025

    (Sharecast News) - UK business confidence has fallen to the lowest level for more than two years amid growing concern over tax rises and Donald Trump's escalating trade war, according to a survey. Highlighting the risks to the economy, the Institute of Chartered Accountants in England and Wales (ICAEW) said the first quarter of the year had been "harrowing" for companies across Britain. - Guardian

  • Monday newspaper round-up: British Steel, Viagogo, tariffs

    Monday 14 Apr 2025

    (Sharecast News) - British Steel is to deploy emergency measures in a race against time to save the blast furnaces at Scunthorpe, as the business secretary refused to guarantee the plant could get what it needed in time. The company is understood to be looking at offers of help from more than a dozen businesses to obtain materials such as iron ore and coking coal, potentially allowing it to avoid the temporary shutdown of one of the two furnaces. - Guardian

  • Sunday newspaper round-up: British Steel, BP, BoE

    Sunday 13 Apr 2025

    (Sharecast News) - The government has passed a bill that allows it to force companies to keep operations going at loss-making steel businesses in England. That or their executives will face criminal penalties. The bill was approved in what was just the sixth Saturday sitting of parliament since the second world war. The move was made necessary by the apparent breakdown of talks with British Steel's Chinese owners, which threatened to provoke the works' furnaces going out and the loss of thousands of jobs. - Guardian

  • Friday newspaper round-up: Prada/Versace, WeightWatchers, sewage plant

    Friday 11 Apr 2025

    (Sharecast News) - The EU will not rip up its tech rules in an attempt to reach a trade deal with Donald Trump, the bloc's most senior official on digital policy has said. Henna Virkkunen, the European Commission vice-president responsible for tech sovereignty, indicated the EU was not going to compromise on its digital rulebook to reach an agreement on trade with the US - a key demand of Trump administration officials. - Guardian

  • Thursday newspaper round-up: Royal Mail, Nato, Netflix tax

    Thursday 10 Apr 2025

    (Sharecast News) - Royal Mail has unveiled a solar-powered "postbox of the future" with a built-in barcode reader and a hatch to accept parcels larger than letterbox size. In the "biggest change to postbox design since their introduction more than 175 years ago", the hi-tech pillar box looks as if it is wearing a jaunty beret. The black, chequered lid is in fact solar panels that power the scanner. The postbox's extra-large opening hatch offers a new way for the postal service to cash in on a roaring parcel trade. While letter volumes are in steep decline, Britain is in the grip of a secondhand selling boom as consumers use sites such as Vinted to make extra cash. - Guardian

  • Thursday newspaper round-up: Royal Mail, Nato, Netflix tax

    Thursday 10 Apr 2025

    (Sharecast News) - Royal Mail has unveiled a solar-powered "postbox of the future" with a built-in barcode reader and a hatch to accept parcels larger than letterbox size. In the "biggest change to postbox design since their introduction more than 175 years ago", the hi-tech pillar box looks as if it is wearing a jaunty beret. The black, chequered lid is in fact solar panels that power the scanner. The postbox's extra-large opening hatch offers a new way for the postal service to cash in on a roaring parcel trade. While letter volumes are in steep decline, Britain is in the grip of a secondhand selling boom as consumers use sites such as Vinted to make extra cash. - Guardian

  • Tuesday newspaper round-up: Clean power, Apple. productivity

    Tuesday 08 Apr 2025

    (Sharecast News) - The world used clean power sources to meet more than 40% of its electricity demand last year for the first time since the 1940s, figures show. A report by the energy thinktank Ember said the milestone was powered by a boom in solar power capacity, which has doubled in the last three years. The report found that solar farms had been the world's fastest-growing source of energy for the last 20 consecutive years. - Guardian

  • Monday newspaper round-up: Companies House, supermarkets, UK economy

    Monday 07 Apr 2025

    (Sharecast News) - The UK government agency responsible for overseeing a national register of companies has collected just £1,250 in fines after being given new powers to crack down on corruption, it has emerged. Companies House is implementing a series of reforms, amid embarrassing revelations about fraudsters and jokers signing up to the corporate register with names such as "Darth Vader" and "Santa Claus". - Guardian

  • Friday newspaper round-up: Co-op Group, London pubs, Luton airport

    Friday 04 Apr 2025

    (Sharecast News) - Cross-Channel train services serving new destinations will be cheaper to run under a scheme to grow international rail travel from the UK. London St Pancras Highspeed (LSPH), which owns and operates the railway and stations from the capital to the Channel tunnel, said it would slash charges for operators planning new routes. Eurostar is the sole existing operator between the UK and Europe, with regular direct trains reaching only Paris and Brussels, as engineering work affects the Amsterdam route until May. - Guardian

  • Thursday newspaper round-up: Tax increases, Jes Staley, Barclay family

    Thursday 03 Apr 2025

    (Sharecast News) - Rachel Reeves has defended the £40bn in tax increases in autumn's budget as businesses brace for their impact, saying NHS waiting lists would now be higher if she had not taken action. Employers are set for a £25bn increase in national insurance contributions (NICs), which comes into force on 6 April, at the same time as consumers are being hit by a slew of increases in bills for everything from utilities to car tax. - Guardian

  • Wednesday newspaper round-up: Motor finance compensation, car manufacturers, Rebel Energy

    Wednesday 02 Apr 2025

    (Sharecast News) - A court of appeal ruling that has left lenders fearing PPI-level compensation bills over the motor finance commission scandal "goes too far", the City regulator said on Tuesday. The Financial Conduct Authority (FCA) made the comments in a written submission to the supreme court on Tuesday, as part of a high-profile case being closely watched by the government. The Treasury, which tried but failed to intervene in the case, is concerned the standing decision could spook businesses and threaten investment in the UK. - Guardian

  • Tuesday newspaper round-up: Household bills, OpenAI, BBC

    Tuesday 01 Apr 2025

    (Sharecast News) - Millions of households are bracing themselves for a raft of price increases across a range of bills - from energy and water to car tax and the TV licence - that take effect on Tuesday. With so many costs rising at once - prompting some to label this month "awful April" - the government is facing fresh calls to take action to limit the impact of some of the increases. The Liberal Democrats claimed ministers needed to "get a grip" on energy bills. - Guardian

  • JPMorgan starts coverage of Wise at 'overweight'

    Monday 31 Mar 2025

    (Sharecast News) - JPMorgan Cazenove initiated coverage of Wise on Monday with an 'overweight' rating and a 1,242p price target.

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