Fidelity Top Stories
BofA-ML strategists cautious as fund managers chase markets higher
"Icarus is flying ever closer to the sun," Bank of America-Merrill Lynch's chief investment strategist said, pointing to signs of 'irrational exuberance' among investors in the investment bank's latest global survey of fund managers.
Tesco aims for 2018 Booker takeover as CMA waves deal through
Tesco's controversial takeover of wholesaler Booker has been given provisional clearance by the UK competition authority after an in-depth review, though one analyst bemoaned "what on earth is going on?" and said it could presage other major mergers.
Chinese economy continues to cool-off in October
China's economy slowed further in October with economists eyeing scope for further cooling ahead.
UK inflation holds steady at five-year high
UK consumer price inflation has unexpectedly held steady at its five-year high, confounding predictions from the Bank of England.