Fidelity Top Stories
Republicans pull healthcare bill before vote
The White House pulled its proposed bill to reform the US healthcare system at the last moment despite what some had assumed to be widespread Republican support to revamp Obamacare.
UK housing market faces pressure as banks approve fewer mortgages
British banks approved a smaller number of mortgages last month, according to the British Banking Association's monthly report on Friday, putting some pressure on the housing market.
Federal Reserve in better position to stop balance sheet reinvestment, Bullard says
The US central bank may now be in a better position to stop reinvesting the proceeds of its assets in acquiring new ones, a top member of the Federal Reserve said.
BBA's consumer credit slowdown likely to relieve Bank of England
UK consumer borrowing in the form of personal loans and overdrafts slowed in February, according to data from the British Bankers Association, which tied in with the slowing retail spending reported this week.
Inflation surge does not automatically mean rates will rise, BoE's Vlieghe says
Even an acceleration in consumer prices to 3. 5% might not justify a hike in Bank Rate, a top Bank of England official said, unless it is accompanied by growth in wages.
Royal Dutch Shell sells Gabon interests for $1bn
Oil giant Royal Dutch Shell is to sell its onshore interests in Gabon to Assala Energy, a portfolio company of Carlyle Group, for up to $1bn.
ECB's Praet reiterates rates to remain at current lows, criticises anti-establishment parties
The European Central Bank will keep interest rates low well past the end of its bond purchase programme, its top policy thinker reiterated, while criticising anti-establishment parties' claims about the benefits of exiting the euro.
UK's Brexit bill will be around £50bn, EC President Juncker says
Britain's bill for exiting the European Union will be close to £50bn and "must be honoured", European Commission President Jean Claude Juncker said, but he is not approaching the impending divorce proceedings in a hostile mood.