Fidelity Top Stories
Fidessa agrees to £1.4bn takeover by Switzerland's Temenos
Fidessa was flying high again on Wednesday as it agreed to a £1. 4bn takeover by Swiss banking software company Temenos a day after confirming that the two were in talks.
Pacific nations push ahead with TPP, final version of trade deal released
A deal to cut trade barriers in some of Asia-Pacific’s most advanced economies took a big step forward on Wednesday with the release of its final version.
Stirring wage growth and rising unemployment reduce odds of rate hike
UK unemployment increased unexpectedly at the end of last year but wage data was mixed, which may stoke some further speculation about the Bank of England's likely path for interest rate hikes.
Lloyds announces £1bn share buyback but profit falls short
Lloyds Banking Group announced a £1bn share buyback and increased its annual dividend by a fifth as the bank reported full-year profit short of expectations.
HSBC annual profit disappoints as CEO Gulliver says goodbye
HSBC’s annual profit fell short of expectations as Stuart Gulliver reported his final set of results as leader of the global bank.
European parliament wants special access for UK after Brexit, report says
The European Parliament wants the EU to soften its stance on Brexit and negotiate an agreement that would give the UK special access to the single market, according to a report.
Fox increases news commitments to seal Sky deal
21st Century Fox has strengthened its commitments to investment in Sky's UK news channel in a bid to secure a takeover of the European cable network.
Russia warns US not to "play with fire" in the Syrian conflict
Russian Foreign Minister Sergei Lavrov has warned the US not to meddle in the Syrian conflict, accusing the Trump administration of trying to undermine the Arab Republic’s territorial integrity and of supporting the autonomy-seeking Kurds in order to further its own interests.
UK house prices rise 0.8% in February - Rightmove
The average asking price of a UK home rose 0. 8% on the month in February, or £2,414 to £300,001, following a 0. 7% jump the month before, according to figures released by Rightmove.
UK retail sales grow less than expected in January
Retail sales in the UK grew less than expected in January, according to data from the Office for National Statistics.
SEGRO posts strong set of results as growth continues
SEGRO took the wraps off a strong set of financial, operating and portfolio performance metrics on Friday, reporting a record level of development completions for the 2017 year, almost all of which have been leased.
Rio Tinto told to find power source for Mongolia mine by 2022
Rio Tinto said on Friday it had been told by Mongolia to find a domestic power source for the $5. 3bn expansion the Oyu Tolgoi copper mine by 2022.
Balfour Beatty wins share of $2bn LAX airport shuttle contract
Balfour Beatty has won a share worth around £420m of a huge contract to design and build an 'automated people mover' at Los Angeles International airport.
South African assets lifted as Ramaphosa replaces Zuma
Cyril Ramaphosa was voted in as President of South Africa, senior members of the African National Congress party confirmed on Thursday, lifting the rand and companies exposed to the currency.
Zuma steps down
Jacob Zuma has announced his decision to step down as South Africa's president after his party reportedly threatened him with a no-confidence vote for as soon as Thursday.
South African police raid Gupta compound as part of Zuma corruption probe
Armed police raided the luxurious South African home of the Gupta family on Wednesday as part of an effort to confirm corruption allegations made against the brothers and controversial president Jacob Zuma, who was ordered to stand down as head of state by the ruling African National Congress on Tuesday.
Galliford Try announces fully-subscribed raising in wake of Carillion fallout
Galliford Try has announced it will go cap in hand to investors to offset the possible impact on the group from the wind-down of Carillion through its joint-venture with the firm and Balfour Beatty on the Aberdeen Western Peripheral Route contract.
Bridgewater's Dalio fears rising risk of US recession
Bridgewater Associates founder Ray Dalio said on Monday that the risks of a recession hitting in the next 18 to 24 months are rising.
Stronger UK inflation increases pressure for BoE rate hike
UK inflation in January was higher that the market expected and keeps the prospect of a Bank of England interest rate hike in play over the coming months.
Brexit uncertainty could delay next rate hike, McCafferty says
Brexit's approach and its potential negative impact in confidence may knock test the Bank of England's rate hike plans, a top official said.