Fidelity Top Stories
May entering negotiations with Brussels with an open mind
Theresa May is not looking for Britain to exit the European Union without clinching a Brexit deal with Brussels, one of the bloc's highest-ranking officials said on Friday.
Government recoups all funds from Lloyds bailout
The government will sell its remaining shares in Lloyds Banking Group in the coming months after recovering all of the £20. 3bn spent to bail it out during the financial crisis.
Britain celebrates first coal-free day since Industrial Revolution
Friday was thought to be the first entirely coal-free day in Britain for hundreds of years, as reliance on nuclear, gas and renewable energy from wind and solar meant no coal power was required.
Analysts differ on forecasts for China's FX reserves
Capital outflows from China slowed significantly over the past two months, Capital Economics estimated, telling clients that the country's fight against them might be nearly over, but Oxford Economics disagreed.
Regulators given post-election extension to examine Fox's Sky takeover
Regulators examining the proposed takeover of Sky by 21st Century Fox will have until after the general election to investigate whether to approve the deal.
US factory and service output levels at seven-month lows in April
The US economy softened at the start of the year, with levels of output in both the manufacturing and services sectors dipping to seven-month lows, the results of a survey showed, but economists believed there were good reasons to expect a rebound going forward.
Paris attacker kills policeman, injures two others, IS claims responsibility
An attack against a bus carrying French policemen claimed one victim and left two other officers injured just two days before the hotly-contested first round of the French presidential elections.
UK growth and inflation set to exceed forecasts in near-term, BoE's Saunders says
Inflation and growth may outstrip the Bank of England's most recent forecasts, the Monetary Policy Committee's Michael Saunders said.
Le Pen or Melenchon election victory would trigger a correction, Citi says
The most likely outcome of the French elections was a victory for either the centrist or centre-right candidates, Emmanuele Macron and Francois Fillon, strategists at Citi said.
UK retail sales drop as price deflator spikes
UK retail sales fell in March to record their first quarterly decline since 2013 as the falling pound sent shop prices soaring, which suggests the consumer spending slowdown is gathering pace and that the Bank of England may not raise interest rates for some time.
Barclays believes worst of iron ore price slide over, positive on mining
Analysts at Barclays sounded a positive note on the EU mining sector, flagging the potential for large cash returns from Glencore, S32 and Rio Tinto over the medium-term.