Fidelity Top Stories
Inflation not on a sustained downtrend, Fed's Mester says
A top US rate-setter said she continues to see a need for further interest rate hikes, telling an audience that recent soft readings on inflation were not pointing to a sustained drop in prices.
UK construction activity falls amid political uncertainty, soaring building costs
UK construction activity has fallen to an 11-month low due to a softening of commercial building amid political and economic anxiety, while building material costs rose at the one of the fastest rates seen for six years.
Credit Suisse revises Intertek target price higher on reduced geopolitical risks
Analysts at Credit Suisse upgraded their recommendation on shares of Intertek, admitting that some of the potential risks which had led them to be more cautious had not materialised.
Tillerson tells North Korea: 'We are not your enemy'
US secretary of state Rex Tillerson has offered an olive branch to North Korea, saying he would welcome dialogue with the isolated regime and declaring 'we are not your enemy'.
Rio Tinto slides as huge cash return disappoints
After slashing costs and selling assets, Rio Tinto said it would return $3bn of cash to shareholders for the first half of 2017, but revenues, profits and the dividend came in shy of forecasts.