Fidelity Top Stories
Tesco FY profits up 30%; first sales growth since 2009/10
Tesco reported a 29. 9% rise in group full year operating profits to £1. 28bn as it delivered its first growth in like-for-like sales since 2010.
Don't be lured into Mexican shares, Credit Suisse says
Strategists at Credit Suisse cautioned clients not to be lured into buying Mexican equities, even as they reduced their 'Underweight' position, citing eight reasons why recent strength in the MSCI Mexico index on the back of strength in the country´s currency, the peso, might be potentially misleading.
UK earnings growth remains sluggish despite record employment highs
UK wage growth slowed to its weakest level in seven months, official data showed on Wednesday, increasing the pressure on consumers as inflation rises.
Bank of England FinTech accelerator to continue focusing on Blockchain, open RTGS
Bank of England chief Mark Carney announced the opening of the fourth round of applications for its FinTech accelerator, which would focus on maintaining privacy on so-called distributed ledgers and the use of big data to support its analysis.
China CPI narrowly misses forecasts in March
Consumer prices in China rose less than expected in March as food prices continued to weigh, although inflationary pressures at the factory gate narrowly beat forecasts .