Fidelity Top Stories
Trump and Kim sign historic statement at Singapore summit
President Donald Trump and Kim Jong Un signed a joint statement in an important step towards the denuclearisation of North Korea at a summit in Singapore early on Tuesday.
UK employment hits new record but wage growth slows
Employment in Britain rose to a new record high in the three months to April but wage growth unexpectedly slowed.
UK's lead in foreign investment challenged by Brexit and 'Macron effect'
Paris has overtaken London for the first time to become Europe’s second-most attractive destination for foreign investors.
HSBC to invest $15-17bn as it gets back into 'growth mode'
HSBC has announced plans to invest between $15bn and $17bn in growth and technology as it gets back into "growth mode".
Inmarsat rockets after rejecting takeover approach from Echostar
Inmarsat confirmed after market close on Friday that it has received and rejected a "highly preliminary" and takeover proposal from US satellite giant Echostar Corporation.
Chinese producer prices beat forecasts in May
Consumer price inflation in China was stable last month, even as factory gate prices accelerated on the back of higher commodity prices.
EU's Barnier reacts very coolly to UK's backstop proposal
The European Union's chief Brexit negotiator, Michel Barnier, has reacted coolly to the UK's backstop proposal.
Longer-term UK inflation expectations rise in May, BoE says
Britons' inflation expectations rose in May, despite the recent slowdown in price pressures, the Bank of England said.
Trump snubs May and launches furious rant at trade allies ahead of G7
Tensions between US President Donald Trump and other leaders of the G7 heightened on Friday ahead of the Canadian summit as French President Emmanuel Macron urged the other six leaders to stand up to American "hegemony".
Davis, May compromise over 'backstop' Irish border plan
Brexit Secretary David Davis and Prime Minister Theresa May on Thursday averted a crisis when they agreed a compromise on the proposed Irish border "backstop" plan stating the arrangement should be in place by the end of December 2021 and "time limited" .
China's ZTE agrees to $1bn fine and American compliance demands, US's Ross says
Chinese telecommunications giant ZTE has agreed to pay a $1bn fine and to the presence of a compliance team chosen by US officials inside the firm as part of a deal to regain access to American-made components and technology.
Amazon elbows onto UK football broadcast rights scene with Premier League win
Amazon has elbowed its way into the UK football broadcast market as it and BT Group both won rights to show 20 matches per season in a final round of the Premier League TV rights auction.
IKEA commits to total ban on single-use plastic products by 2020
IKEA is planning to eliminate all single-use plastic products from its catalogue by 2020 in a bid to help solve the growing global environmental crisis resulting from their use.
London Stock Exchange glitch delays market open
Trading on the London Stock Exchange was delayed as a technical glitch affected share price data on Thursday morning.
Nick Clegg: The UK will be the first country to introduce trade barriers in Europe since WWII
That Nick Clegg, former British deputy prime minister, is a fervent opponent of Brexit is no secret.
US foreign trade deficit narrows in April, despite drop in aircraft sales
America's trade shortfall with the rest of the world narrowed in April, despite a big drop in aircraft export sales, which economists said pointed to a big contribution to economic activity in the second quarter.
Labour split over single market amendment plan
The opposition UK Labour Party is divided over its stance on Britain's membership of the single market, its Brexit spokesman admitted on Wednesday.
World Bank warns trade tensions could lead to new global financial crisis
The World Bank has warned that the possibility of policy shocks from major economies and trade tensions such as the escalating tariffs between the US and its trading partners could lead to financial market disruptions and potentially to a large scale financial crisis.
Tory rebels pile pressure on May ahead of new Brexit Bill vote
UK Prime Minister Theresa May faces a backbench revolt from 12 Tory backbenchers who are threatening to vote against government proposals on post-Brexit customs union arrangements on Tuesday.
Government makes £3.4bn loss from selling RBS shares
The government lost around £3. 4bn from selling a £2. 5bn of its stake in Royal Bank of Scotland to institutional investors this week, according to one analysis.