Fidelity Top Stories
Paysafe announces acquisition and possible GBP2.8bn takeover offer
In an unusual double, Paysafe Group has both struck a $470m deal to acquire US-based Merchants' Choice Payment and also announced that it has received a takeover proposal from private equity companies Blackstone and CVC Capital Partners.
Theresa May's new Brexit business council to meet
Theresa May will meet with senior figures in some of the UKs largest companies later on Thursday in an effort to assuage some of the growing concerns over the governments Brexit plans and how it will affect trading moving forward.
'We're not there yet, financing conditions favourable' ECB's Draghi says
"We're not there yet", European Central Bank chief Mario Draghi said in his press conference when asked whether monetary policy needed to remain as accommodative as it was.
ECB keeps policy rates unchanged, as expected
The European Central Bank kept all its main policy rates unchanged on Thursday, as expected.
UK's Fox insists Britain can make trade deals outside EU
Britain could “simply replicate” its trade deals outside the European Union, said International Trade Secretary and leading advocate of Brexit Liam Fox.
Clothing sales rejuvenate UK retail sector in June, economists take pinch of salt
UK retail sales were rejuvenated by warm weather last month, according to the Office for National Statistics, though economists disagreed over whether this was a sign of a revitalised economy or a false dawn.
Inequality in the UK on the decline, IFS finds
Higher income and a lower unemployment rate have aided in closing the gap on inequality across the UK, but some regions are still suffering, a new study finds.
Trump and Putin held undisclosed private meeting at G20
Donald Trump and Vladimir Putin held a second undisclosed meeting only attended by one Russian translator during the G20 summit in Hamburg, the White House said on Tuesday.
"Get ready for serious business," says May
Over the weekend, a series of comments allegedly made by Finance Minister Phillip Hammond in regards to public sector employees being in his opinion, “overpaid” were leaked to the media.
Netflix shares spike higher on strong growth in overseas subscribers
Netflix shares are surging ahead of the opening bell on Wall Street after the company reported it it had reached a total of 104m subscribers worldwide.
UK inflation softens to reduce BoE rate hike pressure
UK consumer price inflation unexpectedly eased back last month, according to official figures released on Tuesday, with economists disagreeing over whether this is a false dawn.
Trump healthcare bill in tatters as Republicans fail to back legislation
Donald Trump’s key campaign promise to repeal and replace the Obamacare health legislation is on its knees after the US President could not conjure up enough support for the replacement bill.
Balfour Beatty, Carillion Costain on track with HS2 contract wins
Balfour Beatty and Carillion have been awarded contracts as part of a £6. 6bn allocation from the UK government as part of the controversial High Speed Two (HS2) rail project from London to Birmingham.
Brexit talks start as uncivil war breaks out among UK ministers
Brexit negotiations resumed in Brussels on Monday against a backdrop of political infighting among British ministers over the terms of Britain's departure from the European Union.
Investor and business confidence crash amid Brexit worries
Business and investor confidence have both taken a turn for the worse, amid growing concern about squeezed consumer purses and as domestic politics undermines Brexit talks that continued on Monday.
China economic growth steady in second quarter
Economic growth in China was steady over the second quarter of the year, official data revealed.
US consumer confidence past cycle-peak, University of Michigan says
Consumer expectations continued to cool down, a possible indication that the cycle peak was now in the rear-view mirror, one of the most widely-followed surveys of sentiment in the US revealed.
US CPI misses forecasts again in June
Consumer price inflation in the US slipped a tad last month, possibly adding to doubts a third US central bank interest rate hike at the end of 2017.
ECB keen to keep QE-programme open-ended, report says
The European Central Bank is wary of setting a predetermined end-date for its asset purchase programme, preferring to keep it open-ended and dependent on the incoming economic data.
Irish GDP drops sharply in Q1, now growing more slowly than China
Ireland's economy hit the skids at the start of the year but even then the rate of growth dwarfed that of its neighbours, although recent slowing meant it was now expanding less quickly than the People's Republic of China.