Fidelity Top Stories
Irish PM warns that fresh Brexit assurances cannot undermine backstop
Irish Prime Minister Leo Varadkar warned on Thursday that any alterations to the UK’s Brexit deal cannot undermine the Irish backstop, which acts as an insurance policy to avoid a hard border between Northern Ireland and The Republic of Ireland.
US manufacturing PMI falls most since 2008 on China concerns, ISM says
A key gauge of factory sector conditions in the United States hit an over two-year low in December amid uncertainty over the tariff war with China.
Federal Reserve's Kaplan calls for pause in US rate hikes
A top US central bank official called on Thursday for rate-setters to pause in their interest rate hiking campaign until the uncertainties looming over financial markets were resolved.
Apple stock tanks as CEO warns of 'lower than anticipated' sales in China
Apple chief executive Tim Cook warned investors late on Wednesday that sales in its all-important holiday quarter would fall short of expectations as a result of "lower than anticipated" sales in China, marking the first such move in nearly 20 years, according to analysts.
Trump calls for deal to end US federal government shutdown
America's President reached out overnight to Democratic lawmakers to resolve a dispute over funding for extending the border wall with Mexico which had led to a partial shutdown of the US federal government just under a fortnight before.
UK manufacturers benefit from stockpiling for no-deal Brexit
UK manufacturers reported an uptick in activity for the last month of 2018 as customers stockpiled to prepare against a potential no-deal Brexit.
Caixin China manufacturing sector PMI drops below 50.0 point mark in December
Factory sector conditions in China weakened further at the end of 2018 with companies continuing to pare their headcount and to trim prices amid soft demand conditions, the results of one of the most widely-followed surveys revealed.