Fidelity Top Stories
Shawbrook receives 330p buyout approach from Pollen Street, BC
Shawbrook Group revealed three minutes before the close on Friday that its private equity backer Pollen Street and BC Partners had teamed up to propose taking the challenger bank private less than two year after bringing it to market.
Macron pulls ahead of Le Pen in first round vote, one poll says
French presidential candidate Emmanuel Macron pulled ahead of his far-right rival Marine Le Pen for the first time in a poll of voters' intentions for the first round of the elections.
March US interest rate hike likely appropriate, Fed's Yellen says
The head of the US central bank flagged an interest rate hike was likely in the pipeline when monetary policymakers next met to decide on policy, on 14 and 15 March.
Fed's Lacker emphasises need to act pre-emptively on rates
The president of the Federal Reserve bank of Richmond emphasised the need to act "pre-emptively" to avoid unwanted instability in prices.
François Fillon's spokesperson quits presidential campaign as Juppé gains ground
French presidential candidate François Fillon’s spokesperson has quit his campaign, in another blow to the former prime minister amid an inquiry into a ‘fake jobs’ scandal and as a rival gains ground.
US Commerce Secretary Ross promises to be 'aggressive' on trade
Wilbur Ross, the new US Commerce Secretary, has emphasised that Donald Trump's administration will be 'aggressive' towards trade in order to increase employment in the US economy.
It would not take much for Glencore stock to double, Citi says
The price of Glencore stock was back to where it was in 2014 but the company's fundamentals were in fact now much improved, analysts at Citi argued.
UK services output slows to five-month low, sending sterling tumbling
UK services industry growth slowed for the second successive month in February, while surging input cost inflation led to prices charged by the sector rising to their highest in almost eight and a half years.