Fidelity Top Stories
ECB's Draghi does not see financial stability risks
Low interest rates and other policy measures are not storing up trouble for the future in the single currency bloc, rather the opposite, so no change in policy guidance is required, the European Central Bank's boss said.
Euro area price stability still at risk, ECB's Praet says
The risk still exists that the rise in inflation might stall if rate-setters are too hasty, the European Central Bank's chief economist said.
Global trade jumps in March thanks to surge in emerging markets
The recent improvement in European business confidence surveys was not just the result of the psychological boost to sentiment from the French elections, UniCredit Research said.
UK terror threat level raised to 'critical' after Manchester bomb
Britain is now at its highest level of terror alert following the attack on the Manchester Arena on Monday night, suggesting further attacks may be imminent.
Moody's downgrades China credit rating on fears of slowdown
Ratings agency Moody's has downgraded China's credit rating for the first time in 30 years as fears grow that the Asian superpower's economy will experience a major slowdown.
Marks & Spencer holds dividend as profits plunge 64pc
Although sales remained steady, Marks & Spencer reported a 64% plunge in profits for the year to 1 April after taking a £437. 4m hit mainly from changes to its pension scheme, international stores, and UK head office.
Suicide bomb attack in Manchester pop concert leaves 22 dead
A suicide bomber killed 22 people, including many children, and injured more than 50 others at the Manchester Arena on Monday night after an Ariana Grande concert.
UK deficit set to provide 'significant drag' on GDP growth
UK public sector borrowing in April was much higher than expected, according to initial forecast data, though borrowing for the last fiscal year was revised down.
BP restarts North Sea production at Schiehallion
Schiehallion oilfield off Shetland in the North Sea has begun producing oil for BP and partners including Shell for the first time since it was shut down for refurbishment in 2013.
BP restarts North Sea production at Schiehallion
Schiehallion oilfield off Shetland in the North Sea has begun producing oil for BP and Shell for the first time since it was shut down for refurbishment in 2013.
Conservatives in humiliating u-turn on 'dementia tax' after criticism
UK Prime Minister Theresa May's Conservative party has been forced into a humiliating climbdown on a controversial manifesto promise known as the 'dementia tax' following sharp criticism of the party’s social care policy.
Euro too cheap, Germany's Merkel says
Europe's single currency is too cheap, German Chancellor Angela Merkel said, helping to send the greenback to its lowest levels since early October.
Buy British, consumer spending will hold up, Barclays says
Domestically-focused UK stocks are unloved and underpriced, but unjustifiably so, analysts at Barclays Research believe, as they predict that recent outperformance by the group will run further.
All countries agree on oil output cut deal, Saudi Arabia's Al-Falih says
All countries taking part in the November deal to cut oil production agree on the need to extend the supply cut agreement by another nine months.
UK will pull plug on Brexit talks if EU demands €100bn, Davis says
Brexit minister David Davis has warned that negotiations between the UK and the EU will break down if the bloc stands firm on its demand for a €100bn exit bill.
Santander plotting bid for Banco Popular, report says
Santander is preparing an offer for troubled Spanish lender Banco Popular.
CBI industrial survey finds strong output growth
UK manufacturing output in the three months to May was much stronger than expected, according to a Confederation of British Industry survey published on Friday.
Consumers concerned about post-Brexit price hikes, survey shows
A large majority of UK consumers are worried about the rising cost of household items in the aftermath of upcoming Brexit negotiations, a new survey has found.
Former FBI director Mueller appointed to lead Russia probe
The US Department of Justice has appointed former FBI director Robert Mueller as special counsel to lead the investigation into Russian interference in last year's presidential election, as the pressure on President Donald Trump grows.
Burberry unveils new buyback after profits fall less than feared
Burberry reported annual profits at the upper end of expectations and promised investors a new £300m share buyback.