Sunday newspaper round-up: Amazon, Boeing, McDonald's...

(Sharecast News) - Multifaceted tech giant Amazon is about to unveil a major investment in one of Britain's biggest wind farms. The company is aiming to power its entire UK operation - from sales warehouses to film studios to cloud computing - using renewable energy by next year. The Mail on Sunday understands that Amazon, which employs about 75,000 people in Britain, plans to later this month announce a deal to buy electricity from the Moray West offshore wind farm. - Mail on Sunday

Federal investigators in the US have launched a probe into how a section of a new Boeing 737 Max blew out mid-flight, as airlines in Turkey and Panama grounded their planes for inspection. The withdrawals come after the US airline regulator, the Federal Aviation Administration, on Saturday ordered the temporary grounding of some 737 Max 9s operated by US airlines or in US territory. All 171 passengers and six crew of the Alaska Airlines-operated Boeing plane landed back safely at Portland, Oregon after the incident on Friday night, but the outcome could have been much worse, according to investigators. - Financial Times

The CEO of McDonald's, Chris Kempczinski, has said the fast food chain was seeing a "meaningful" hit to business, as customers boycott the firm in the Middle East for its perceived support of Israel. Mr Kempczinski said calls from pro-Palestinan groups to boycott McDonald's are based on "misinformation". - The Independent

Rishi Sunak has said he wants to cut taxes for working people further this year, possibly cutting welfare payments to fund it. The prime minister said on Sunday his priority before the budget in March would be further tax cuts, which he said would entail stricter controls on public spending and benefits. His comments set up the possibility of an income tax cut in March, what is likely to be the last major tax decision by the chancellor before the general election. - The Guardian

A mining firm focused on Ghana is planning to list on the London Stock Exchange's junior AIM market by the summer. In a recent presentation seen by The Mail on Sunday, CAA Mining told investors that it was aiming to float at some point between April and June. Founded in 2018, the group works on gold and lithium projects in the West African country. - Mail on Sunday

European Council president Charles Michel has announced he will run in EU-wide elections in June in a move that would force him to step down early from his current role if elected and could hand more influence to Hungary's Viktor Orbán. Michel said in an interview with three Belgian media outlets on Saturday that he planned to stand as the lead candidate for his liberal Reformist Movement party when the EU goes to the polls between June 6 and 9. - Financial Times

Britain's biggest train operator has awarded its three overseas shareholders a record dividend despite strike-ridden services and soaring fares. Govia Thameslink gave its Australian, Spanish and French owners - including Keolis, an arm of the French state-owned SNCF - a £62 million payout part-funded by a British taxpayer bailout of the railways during the pandemic. The company, which operates Southern, Thameslink, Great Northern and Gatwick Express, handed out the cash bonanza last year with the blessing of transport secretary Mark Harper. - The Sunday Times