Fidelity Top Stories
Hikma to swap with G4S in latest FTSE index reshuffle
A reshuffle of London's main share indices is expected to see Hikma Pharmaceuticals and Intu Properties kicked out of the FTSE 100, with outsourcer G4S and industrial real estate investor Segro taking their places.
Pound whips back as conflicting polls leave traders edgy
After an overnight opinion poll indicated the Conservative party's lead was likely to all but disappear, a later survey on voting intentions showed the Tory lead remained intact.
Kabul car bomb kills 80 people close to major embassies
At least 80 people have been killed in Afghanistan capital Kabul after a car bomb exploded in the city’s diplomatic quarter on Wednesday.
Mortgage approvals fall more than expected, Bank of England reveals
UK mortgage approval numbers continued to fall in April, according to data from the Bank of England that also showed the lowest net consumer lending in a year.
Pressure on May intensifies as YouGov poll points to hung parliament
The ruling Conservative party's majority in the House of Commons could be all but wiped out in next week's UK general election, according to the latest poll.
Morrisons and Tesco lead supermarket sally but discounters still bite - Kantar
Boosted by an acceleration in grocery price inflation, Morrisons and Tesco led the charge as supermarkets enjoyed their strongest period of trading in over three and a half years but still saw market share dented by the discounters.
UK consumer confidence improves but remains negative
UK consumer confidence surprisingly improved marginally in May, according to a closely followed survey, though it still remains in negative territory.
Amazon shares breach $1k for the first time
Shares in US e-commerce giant Amazon surpassed the $1000 mark for the first time in the company's history on Tuesday.
Stockmarket valuations not at worrisome levels, Fed's Kaplan says
Stockmarket valuations were not at worrisome levels, the head of the Federal Reserve bank of Dallas said.
Risk of snap elections in Italy has risen substantially, Barclays says
Italian political uncertainty is again high on investors' list of worries amid reports that the country's leading parties will press for snap elections, which might see non-establishment options win the day.
JP Morgan upgrades UK stocks because of their defensive qualities
Strategists at JP Morgan upgraded their recommendation on UK stocks, touting the 'defensive' qualities of British shares, expectations for better performance from commodity sectors, limited upside for sterling and record cheap valuations on some metrics.
Acacia Mining fights back against Tanzania discrepancy claims
Firing back a response to Tanzanian accusations that it under-declared gold exports, Acacia Mining has called for an independent review and said "we are considering all of our options".
RBS shareholders refuse to accept settlement
Royal Bank of Scotland was further frustrated in its attempts to settle with a shareholder action group claiming compensation over its 2008 rights issue, following several delays to the start of its High Court trial.
Conservative lead slashed to five points in latest poll
Theresa May's Conservative party has seen its lead over Labour cut to five points, according to the latest poll carried out by YouGov for The Times.
Trump meets with EU leaders as Russia proves stumbling block
US President Donald Trump met with several European leaders in Brussels on Thursday as a NATO summit got underway in the Belgian capital.
Petrofac plummets after SFO warns about 'not cooperating' with bribery probe
Petrofac shares plunged to their lowest since 2009 after the Serious Fraud Office accused the oilfield services company of failing to co-operate properly with its investigation into bribery and money laundering allegations.
OPEC reportedly extends output cut deal by nine months
According to multiple reports, citing delegates at the OPEC meeting in Vienna, the cartel's members agreed to prolong into March 2018 the November deal which saw them reduce production by 1. 8m barrels a day.
Banks approve fewer mortgages, confirms BBA
British high street banks approved fewer mortgages last month, though consumer lending via credit cards bounced back amid a bumper Easter for retailers.
Manchester police stop sharing info with US after leaks, report says
UK police investigating Monday night's bomb attack at the Manchester Arena have stopped sharing information with US colleagues following a series of media leaks, the BBC reports.
Wood Group's Amec takeover under spotlight amid SFO's Unaoil probe
A potential spanner has been thrown in the works of John Wood Group's acquisition of fellow engineer Amec Foster Wheeler after the pair revealed connections to the Unaoil bribery scandal.