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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 Britain is taking its first steps towards forging closer trading links with the EU in meetings between the new business secretary, Jonathan Reynolds, and international counterparts in Italy. In his first overseas visit since Labour's election landslide, Reynolds will tell a G7 meeting of trade ministers in the Italian city of Reggio Calabria that the new UK government wants to foster a "closer, more mature relationship with our friends in the EU". - Guardian

The founder of Superdry has insisted the struggling "dad brand" will become cool again as it prepares for life after delisting from the London Stock Exchange (LSE). Julian Dunkerton, who founded the retailer in 2003, vowed to make Superdry "so much more relevant" to customers as part of a major overhaul which will end its 15-year tenure as a UK-listed company. - Telegraph

The message is clear and simple. "Let's remember the mission - to create a world of better leaders and managers," the founder and former chief executive of Admiral Group declares to his almost 5,000 TikTok followers. Henry Engelhardt, who launched FTSE 100 insurer in 1993 and was its chief executive for 23 years before leaving the business, starts each of his videos with the same refrain as he teaches the generally younger viewers of TikTok the secrets of successful management. - The Times

SSE and TotalEnergies have created a joint venture to install 3,000 electric vehicle charging points in the UK and the Republic of Ireland. The new ultra-fast charging points are intended to provide enough power in only six minutes for a vehicle to travel more than sixty miles. The business, named Source, will install the charging points over the next five years. To maximise their use, they will be located in 300 hubs along main roads and in urban areas. - The Times

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Friday newspaper round-up: Apple, Daily Mail, OpenAI, Homebase
(Sharecast News) - Apple slightly beat analysts' expectations in its first-quarter earnings for fiscal year 2025 on Thursday. The iPhone-maker's revenue rose by 4%, coming in at $124.30bn, barely above estimates of $124.12bn. Earnings per share were $2.40, just ahead of analysts' expectations of $2.35. Shares rose more than 8% in extended trading after CEO Tim Cook indicated in an earnings call on Thursday that Apple is on the trajectory for revenue growth next quarter. - Guardian
Thursday newspaper round-up: Car production, UK retailers, water bills, KPMG
(Sharecast News) - The architect of a ban on newspaper takeovers by foreign states has demanded that an Abu Dhabi fund be forced to sell The Telegraph by Easter. Baroness Stowell, the Conservative chairman of the Lords communications and digital committee, said the Government should impose an ultimatum on RedBird IMI. It should be backed by the threat of regulatory action, she said, to strip the fund of control of what has been dubbed "the newspaper auction from hell". - Telegraph
Thursday newspaper round-up: Car production, UK retailers, water bills, KPMG
(Sharecast News) - The architect of a ban on newspaper takeovers by foreign states has demanded that an Abu Dhabi fund be forced to sell The Telegraph by Easter. Baroness Stowell, the Conservative chairman of the Lords communications and digital committee, said the Government should impose an ultimatum on RedBird IMI. It should be backed by the threat of regulatory action, she said, to strip the fund of control of what has been dubbed "the newspaper auction from hell". - Telegraph
Wednesday newspaper round-up: Starbucks, JPMorgan, Santander
(Sharecast News) - Rachel Reeves is unveiling plans to create "Europe's Silicon Valley" between Oxford and Cambridge as she stakes the government's success on kickstarting economic growth and putting more pounds in people's pockets. The chancellor will announce a blueprint to improve infrastructure across the region that will add up to £78bn to the UK economy within a decade, according to industry experts, and put it at the forefront of science and technological advances. - Guardian

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