Fidelity Top Stories
Trump says talks with China 'going well'
Trade talks between the US and China are progressing "well with good intent" but a final deal will have to wait until the American and Chinese presidents meet personally "in the near future", Donald Trump said.
Fed says it will be patient and flexible when deciding next moves
Central bankers said on Wednesday that they would be "patient" in future when determining what changes in monetary policy were needed to meet their objectives for growth and inflation, dropping the reference to a "gradual" pace of interest rate hikes.
May heading for showdown as EU sees no change in Brexit deal
UK Prime Minister Theresa May was on a collision course with the EU over her new withdrawal agreement demands as Brussels insisted the deal was not open for renegotiation.
Iron ore prices jump as Vale plans production cuts
Shares in blue chip miners rallied on Wednesday after Brazil’s Vale said it was temporarily reducing annual production of iron ore by around 10%.
Ireland ups pressure on May over Brexit backstop
Ireland said the contentious Brexit backstop arrangement would not be renegotiated as British MPs prepared for a crunch vote on the UK's withdrawal agreement tomorrow.
US heaps pressure on Maduro with new oil sanctions
The United States has approved sanctions against Venezuela's state-owned oil firm PDVSA as it ramps up efforts to force President Nicolás Maduro into relinquishing power of the South American nation.
BofA-ML cautions risk appetite may be set to correct
Strategists at Bank of America-Merrill Lynch cautioned clients on Monday that financial markets might be set to "correct".
UK business call for politicians to stop arguing and agree to orderly Brexit
British businesses called on Monday for politicians to set aside their differences and finally agree to an orderly Brexit to try and minimise the impact the divorce will have on firms.
Hammond says no-deal Brexit could be 'default' scenario
UK finance minister Philip Hammond on Friday said a no-deal Brexit was “a default that we could find ourselves in” as MPs prepared for another vote on the Withdrawal agreement next Tuesday.
Airbus criticises 'disgraceful' Brexit process and threatens to leave UK
Airbus's CEO said the government’s handling of the Brexit process was a “disgrace” and threatened to move wing production from the UK if it resulted in no deal.
US still 'miles and miles' from trade deal with China, America's Wilbur Ross says
America's Commerce Secretary said on Thursday that the US and China remained miles away from a reading trade deal, but did not close the door to an extension of the 2 March deadline on US tariffs.
ECB's Draghi says balance of risks has shifted to the downside
The balance of risks which the Eurozone is facing has shifted to the downside, the currency bloc's monetary authority believes.
ECB keeps all rates unchanged, as expected
The European Central Bank kept all its main policy levers unchanged at Thursday meeting, as expected, providing no hints in its policy announcement of any possible changes in its policy bias.
Senate sets vote to break US government shutdown impasse
Senate leaders have agreed to hold votes this week on proposals that could lead to a reopening of the government and provide relief for 800,000 federal workers.
Patisserie Valerie shareholder 'considering legal action'
Collapsed café group Patisserie Holdings could face potential legal action from disgruntled investors, it emerged on Wednesday.
EU warns no-deal Brexit would mean hard border in Ireland
A hard border would be imposed in Ireland if Britain left the European Union without a deal, a spokesman for the European Commission said on Tuesday.
White House reportedly rejects trade planning meeting with China
Selling on Wall Street picked-up on Tuesday afternoon following a report that the White House had cancelled a meeting between top US and Chinese trade officials.
Venezuela claims to have foiled 'extreme right' military coup
An attempted revolt against the Venezuelan government of President Nicolás Maduro by 27 members of the country's National Guard has been quashed, according to the defence ministry.
Chinese President warns of 'serious' threats to Communist Party's long-standing rule
China's President harangued top Communist Party officials on Monday about the challenges facing the country, including the "serious" threats that existed to the party's long-standing rule.
UK wages and employment continue to grow despite Brexit uncertainty
The number of people in work in Britain has risen to its highest level since record began in 1971, official data showed on Tuesday, with wage growth at a 10-year high.