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Thursday newspaper round-up: Nuclear fusion, BT, Dyson

(Sharecast News) - The UK government has promised a record £410m investment in nuclear fusion which could help construct a world-leading fusion power project on the site of an old coal plant in Nottinghamshire. Ministers hope the funding, which will be made available for the coming financial year, will support the rapid development of the UK fusion energy sector and deliver "a future powered by limitless clean energy". - Guardian A slump in trade with the EU should spur ministers to negotiate a fundamental rewrite of post-Brexit rules to more closely align the UK with Brussels, a leading left-of-centre thinktank has said. Donald Trump's arrival in the White House next week should also encourage the government to get on the front foot in trade agreement talks with the US to support the growth of UK exports, said the Institute for Public Policy Research (IPPR). - Guardian

BT has scrapped a major electric car charging scheme after installing just one charging point. The telecoms giant last year outlined plans to convert old broadband street cabinets into electric vehicle (EV) charging points. Around 60,000 cabinets had been earmarked for possible conversion in what bosses described as a "once in a lifetime opportunity" to boost the number of chargers across the country. - Telegraph

Sales of Murphy's Irish stout have skyrocketed amid claims of a nationwide Guinness shortage. Heineken, which owns Murphy's, said sales of the 169 year-old stout had enjoyed a 632pc rise in British pubs and bars in December compared with a year earlier. - Telegraph

Dyson has scrapped plans to move into a £100 million technical and research centre in Bristol and will move all its staff in the southwest into one location. The vacuum and hairdryer maker, which announced the centre in 2023, will move 180 staff to its Malmesbury campus 30 miles away in Wiltshire, home to the Dyson Institute, where ­undergraduate and postgraduate engineers study while working for Dyson. - 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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