Fidelity China Special Situations Plc

The Telegraph
Why Apple has a $300bn ‘Made in China’ problem
Eight words were stamped on the back of every iPhone for years: “Designed by Apple in California. Assembled in China.” The slogan illustrated the tech giant’s two power bases: its headquarters in Silicon Valley, and the manufacturing colossus it had become in the world’s factory.
22 hours ago
INSIDER
A 63-year-old peak boomer is 'incredibly scared' Social Security won't be enough to cover her expenses in retirement: 'I'll probably need to work until I die'
After Diane Senffner, 63, lost her job during the pandemic, she depleted her savings and hasn't been able to find stable work since.
2 days ago
Benzinga
Are You Saving Enough To Be In The Top 3% Of Retirees? Here's How Much You Need
Retirement savings play a crucial role in securing financial stability in your golden years. For those aiming high, being in the top 3% of retirees in terms of savings enhances comfort and offers greater financial freedom. Using data from the Federal Reserve's Survey of Consumer Finances, a 2024 survey by the Employee Benefit Research Institute, reveals that individuals with over $1 million in retirement accounts rank in the top 3% of retirees. Only 3.2% of retirees have surpassed the $1 million
2 days ago
Ideal Home
Bathroom wallpaper ideas to add instant colour and impact to bathroom walls
While tiles and paint are the go-to choices, for a quick and easy alternative, bathroom wallpapers are an instant winner that can transform a small bathroom beautifully. ‘Often overlooked as an option when it comes to decorating a bathroom, wallpaper is a fairly easy and inexpensive way to breathe new life into an outdated space,’ says Chelsea Clark, Head of Brand at I Love Wallpaper. A transparent material will mean that the wallpaper pattern will still be visible, but without the problem of water damage.
2 days ago
The Guardian
Payslip wars: Australian jobseekers suffer harassment in ‘a crazy system that doesn’t work for anyone’
Private job providers can claim public money when jobseekers find work. But they need their payslips to do so, and some resort to extreme methods to get them
12 hours ago
Barrons.com
Merrill Lynch’s Noel Weil Predicted Rising Inflation and Interest Rates. What He Sees Next.
During the depths of the Covid pandemic, the Barron’s Hall of Fame advisor foresaw a spike in inflation that would bring higher interest rates. Here’s how he is investing now.
2 days ago
Yahoo Finance
Hermès eludes luxury slowdown, could overtake Louis Vuitton as top brand: Analyst
A Citi analyst contends Hermès is set to surpass its biggest competitor in the next few years and become the largest luxury fashion brand.
2 days ago
The Telegraph
Michael O’Leary interview: ‘I’m not putting up with any mewling nonsense about my €100m pay’
Ryanair boss Michael O’Leary has defended his proposed €100m (£86m) bonus by comparing himself to football managers Pep Guardiola and Jurgen Klopp.
21 hours ago
Eastern Daily Press
Villagers in tiny hamlet angry after developer tries to avoid paying £33.7K levy
Villagers in Whittington are angry after EAM Developments launched a bid to avoid paying £33,700 to aid the community as part of a revamp of a former mill.
a day ago
Reuters
Foreign automakers eager for Chinese partners at Beijing auto show
Global automakers including Volkswagen and Toyota came to this year's Beijing auto show looking to catch up to surging China EV makers that are dominating the world's largest auto market. The show that started this week showcased a marked shift in attitude among some foreign automakers, industry executives said. After being impressed by the bold leaps made by BYD and other Chinese automakers at last year's event in Shanghai, foreign automakers are now avidly searching for Chinese partners and announcing new tie-ups, the executives said.
2 days ago
Liverpool Echo
Dad, 27, earns £7K in three weeks thanks to 'side hustle'
Taj earned himself an impressive £7,000 in three weeks after swapping three jobs for a 'side hustle'
18 hours ago
Sky News
Superdry landlord M&G eyes challenge to rescue plan
The owner of Superdry's flagship store in central London is weighing a challenge to a rescue plan that would impose steep haircuts on the struggling chain's landlords. Sky News has learnt that M&G, the London-listed asset manager, has engaged lawyers from Hogan Lovells to scrutinise a restructuring plan launched by Superdry earlier this month. The move by M&G, which owns the fashion retailer's 32,000 square foot Oxford Street store, will not necessarily result in a formal legal challenge.
2 days ago
PA Media: Money
Sainsbury’s forecasts ‘strong’ profit growth as it wins customers from rivals
The supermarket giant reported a better-than-expected 1.6% rise in underlying pre-tax profits to £701 million for the year to March 2.
2 days ago
Reuters
Warren Buffett's real estate brokerage reaches $250 million antitrust settlement
A real estate brokerage owned by Warren Buffett's Berkshire Hathaway said on Friday it reached a $250 million settlement of nationwide antitrust litigation that is expected to change how real estate agents are paid. HomeServices of America, the largest U.S. real estate brokerage, was the last remaining defendant in a case against the National Association of Realtors (NAR) and four brokerages.
2 days ago
Insider Monkey
11 Best EV Penny Stocks to Buy
In this article, we will take a detailed look at the 11 Best EV Penny Stocks to Buy. You can skip our detailed industry analysis on the EV industry and click 5 Best EV Penny Stocks to Buy. Remember the time when everyone thought EVs is the future and you should pour all you have in EV stocks to […]
2 days ago
Reuters
In rare German boardroom fight, broker CEO exits with jab at founder
FRANKFURT (Reuters) -A rare public boardroom dispute in Germany escalated on Friday, with the outgoing CEO of a major online broker criticising a company founder who had publicly campaigned against him. Frank Niehage, the CEO of broker FlatexDegiro, this week suddenly announced he would leave after 10 years at the helm of the firm that operates in 16 countries with 2.7 million customers. The departure followed sharp criticism from the company's founder and major shareholder, Bernd Foertsch, who told a business magazine last month he would vote against Niehage and the company's chair at an upcoming shareholder meeting due to strategic mistakes, such as "sleeping through a cryptocurrency boom".
2 days ago
Reuters
Earnings for Big Oil backpedal as natgas prices tumble
HOUSTON (Reuters) -U.S. and European oil companies reported weaker first quarter results on Friday due to a sharp drop in natural gas prices compared with a year ago. Results at oil and gas firms are still retreating from record levels in 2022 that were boosted by a surge in demand after the COVID-19 pandemic and then when prices spiked after Russia invaded Ukraine. In the U.S., Exxon Mobil missed Wall Street earnings targets on fuel derivatives and Chevron beat tempered expectations with better-than-expected U.S. oil production.
2 days ago
Simply Wall St.
Earnings Beat: BASF SE Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Shareholders might have noticed that BASF SE ( ETR:BAS ) filed its first-quarter result this time last week. The early...
a day ago
Reuters
Porsche AG posts Q1 profit drop on ramp-up costs
FRANKFURT (Reuters) -Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in history. Operating profit in the first three months of 2024 came in at 1.28 billion euros ($1.37 billion), in line with an LSEG estimate, while sales for the period stood at 9.01 billion, beating the 8.77 billion forecast. "In a challenging environment, we are staying on course and resolutely pursuing our strategy," Porsche AG CEO Oliver Blume, who also heads Porsche's parent Volkswagen, said in a statement.
2 days ago
Fool.co.uk
Could the Rolls-Royce share price surge be back on again?
The Rolls-Royce share price peaked in early 2024, and then started to fall back... and then picked up again. Here's what I think about what comes next. The post Could the Rolls-Royce share price surge be back on again? appeared first on The Motley Fool UK.
2 hours ago

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Fidelity China Special Situations Plc - Monthly Factsheet

Latest stories

Why Apple has a $300bn ‘Made in China’ problem

A 63-year-old peak boomer is 'incredibly scared' Social Security won't be enough to cover her expenses in retirement: 'I'll probably need to work until I die'

Are You Saving Enough To Be In The Top 3% Of Retirees? Here's How Much You Need

Bathroom wallpaper ideas to add instant colour and impact to bathroom walls

Payslip wars: Australian jobseekers suffer harassment in ‘a crazy system that doesn’t work for anyone’

Merrill Lynch’s Noel Weil Predicted Rising Inflation and Interest Rates. What He Sees Next.

Hermès eludes luxury slowdown, could overtake Louis Vuitton as top brand: Analyst

Michael O’Leary interview: ‘I’m not putting up with any mewling nonsense about my €100m pay’

Villagers in tiny hamlet angry after developer tries to avoid paying £33.7K levy

Foreign automakers eager for Chinese partners at Beijing auto show

Dad, 27, earns £7K in three weeks thanks to 'side hustle'

Superdry landlord M&G eyes challenge to rescue plan

Sainsbury’s forecasts ‘strong’ profit growth as it wins customers from rivals

Warren Buffett's real estate brokerage reaches $250 million antitrust settlement

11 Best EV Penny Stocks to Buy

In rare German boardroom fight, broker CEO exits with jab at founder

Earnings for Big Oil backpedal as natgas prices tumble

Earnings Beat: BASF SE Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Porsche AG posts Q1 profit drop on ramp-up costs

Could the Rolls-Royce share price surge be back on again?