Fidelity Top Stories
US hedge fund Tiger Global finishes unwinding stake in Barclays
Tiger Global finished unwinding its entire stake in Barclays at the start of 2019.
MPs call for urgent tightening of regulations on social media companies
A parliamentary committee has published its final report following an investigation into 'fake news', accusing Facebook of knowingly breaking privacy and competition laws and calling for stricter regulations to be imposed urgently.
New TLTRO loans for banks must have a monetary justification, ECB officials say
Two European Central Bank officials who spoke over the weekened appeared to be trying to temper market expectations, to varying degrees, for additional policy easing.
Trade talks to continue next week in Washington
US and Chinese officials will meet next week in Washington to continue talks on trade in an attempt to secure a final deal that will put an end to the current tensions.
UK retail sales bounce as consumers shrug off Brexit worries
UK shop sales jumped more than expected last month, as households engaged in a bit of retail therapy in the face of the political and economic uncertainty.
Eurozone economy inches ahead as Germany, Italy falter
The eurozone economy continued to grow in the fourth quarter, official figures out on Thursday showed, albeit marginally.
Trump offers olive branch in China trade talks
US president Donald Trump has indicated he could extend a crucial deadline as Washington and Beijing seek an agreement over trade.
Energy cap pulls inflation below Bank of England's target
Inflation nudged below the Bank of England’s 2% target for the first time in two years in January, official figures showed on Wednesday, as energy prices eased.
BoE's Carney issues stark warning on risks from trade, China slowdown
Bank of England chief Mark Carney sounded a dire warning on Tuesday on what the costs of a full-blown trade war might be.
Environmental breakdown could trigger socioeconomic crisis - IPPR
Human-induced environmental damage has reached a critical stage and could threaten socioeconomic stability, said the latest report from the Institute for Public Policy Research.
ECB's Lane says domestic euro area economy 'pretty strong'
The European Central Bank's incoming chief economist cautioned against exaggerating the significance of recent weak data.
CMA pushes back deadline for Sainsburys-Asda merger decisions
The date of the report by the UK competition watchdog into the proposed merger between Sainsbury's and Asda has been pushed back by eight weeks.
Moody's ups rating on Russian Federation to investment grade
US credit rating agency Moody's joined peers Fitch Ratings and Standard&Poor's in assigning the Russian Federation an investment grade rating.
Washington said to be mulling tariffs on EU car exports
Washington is mulling placing tariffs on cars imported from the European Union.
Juncker, May agree to new Brexit talks after 'robust' meeting
Jean-Claude Juncker and Theresa May held “robust” Brexit discussions on Thursday with no tangible progress on the Irish backstop, but agreed to hold further talks to break the impasse.
A 'sizeable distance' remains in US-China trade talks, Kudlow says
There remains "a sizeable distance" to go in US-China trade talks, US National Economic Council director, Larry Kudlow, said.
BoE says Brexit having greater than anticipated effects on UK
Rate-setters at the Old Lady of Threadneedle Street chose to keep a steady hand on the tiller on Thursday, even as they cut their near-term economic forecasts for the UK in the face of slower growth abroad and the stiffer-than-anticipated headwinds from Brexit.
House to open probe into Trump's links with Russia
House Intelligence Committee Chairman Adam Schiff announced on Wednesday that his committee would open an investigation into President Donald Trump’s personal financial interests and his links with foreign powers.
EC slashes European growth forecasts
The European Commission has cut its forecasts for economic growth across the continent's major economies, even before taking into account the potential for further drags from Brexit and a China slowdown.
Trump calls on Congress to approve USMCA, grant greater trade powers
The US President called on Tuesday evening for lawmakers to support his revamped trade deal with Mexico and Canada, even as Congress moved to curtail his ability to impose new tariffs.