Fidelity Top Stories
Hikma Pharma trims guidance as generic Advair talks continue with FDA
Hikma Pharmaceuticals reported a 1% rise in first-half sales and flat profits, but trimmed its guidance for the full year as the generic drugs arm faces tougher market conditions and continues discussions with US regulators over a key generic asthma drug.
UK retail sales remain subdued but beat forecasts
UK retail sales were stronger than expected in July but strong food sales are continuing to mask wider weakness as consumers feel the pinch.
British households cutting costs at two year high
An increasing number of Britons have sought to change spending habits in order to cut down on household expenses over the second quarter of the year, citing a weaker pound as the main motivator behind the tightening of purse strings.
South Korea's president says North is dangerously close to crossing a 'red line'
South Korea's president cautioned Pyongyang not to pursue nuclear missile capabilities while underlining that Seoul and Washington shared the same aims.
Kingfisher's quarterly sales hammered lower but costs nailed
Sales at retailer Kingfisher took a bit of a hammering in the second quarter and the owner of the B&Q and Screwfix chains remained cautious over the outlook for the UK and France in the second half.