Fidelity Top Stories
Italy's Salvini tells Rome to save itself, strikes down support measures
League leader Matteo Salvini blocked measures aimed at transferring part of the City of Rome's debt repayment burden to the central government, setting up a likely showdown with his party's coalition partner, the Five Star Movement, which governs in the capital.
Govt to resume Brexit talks with Labour as Tories look to topple May
The government and opposition Labour Party were set to resume Brexit talks on Tuesday as MPs returned from the Easter break.
Barclays gears up for showdown with Edward Bramson
Barclays is considering shaking up pay in its investment banking arm, as it looks to fight off activist shareholder Edward Bramson, according to reports.
Thomas Cook approached by potential bidders as group's woes continue
Thomas Cook shares took off on Tuesday following reports that it had been approached by multiple parties regarding a potential takeover of its tour operating unit and the entire company.
Brent and WTI futures jump as US scraps sanctions waivers for Iranian oil
Oil prices rose on Monday after the US announced that countries trading with Tehran must end all imports of crude from Iran or face sanctions.
'Robust' increase in March US retail sales
The American consumer recovered the spring in his step last month, with retail sales rising at their fastest clip since September 2017 as they splashed out on cars and at gasoline stations in particular.
Eurozone PMI data disappoints
Continuing the bloc's recent run of economic form, surveys on eurozone manufacturing and services data both indicated lower levels of activity than hoped for this month.
China prepping new stimulus package, says Bloomberg
Chinese officials appear to be preparing a stimulus package as they aim to improve sales of items such as cars and electronics after the nation's economy showed signs of reinvigoration on Wednesday.
Mark Carney warns global banks of looming losses from climate change
Mark Carney told the financial sector not to ignore climate change, warning of the losses that it might trigger, including from lenders' stakes in polluting firms.
US-China deal could give Beijing dangerous trade tool
Treasury Secretary Steven Mnuchin said on Monday that the US agreed with China that the enforcement mechanism of fair trade will be reciprocal, in a move that some observers believed might harm US companies and the World Trade Organization itself.
Netflix earnings, subscriber additions beat estimates
Streaming giant Netflix reeled in more new subscribers in the first three months of the year than it had ever before, adding 9. 6m new users.
Chinese industrial production jumps in March, amid stable Q1 GDP growth
Economic activity in China was stable at the start of 2019, amid a sharper-than-expected pick up for industrial production and retail sales in March.
Bank of America posts better-than-expected Q1 profits, but shares decline
Bank of America posted record quarterly net income driven by a jump in the profitability of its consumer banking arm.
Gucci and Vuitton families donate €300m for Notre Dame restoration
The Pinault and Vuitton families pledged €300m to help in the reconstruction of Notre Dame cathedral on Monday, just a few hours after fire engulfed the Parisian cathedral in flames.
UK labour market remains strong in face of Brexit uncertainty
Levels of employment in Britain increased 179,000 to a record high in the three months to February, official data confirmed on Tuesday, but economists see ongoing headwinds for households and businesses.
China and US agree on trade enforcement mechanism, says Mnuchin
US Treasury secretary Steven Mnuchin said on Wednesday evening that China and the US have agreed to set up trade enforcement offices in both countries in order to monitor compliance with any trade deal, suggesting that an end to their trade war is close.
UK middle class households struggling to maintain economic status
Middle-class households around the world, but also in the UK, are struggling to maintain their economic status and lifestyles as stagnating incomes fail to keep up with the rising cost of housing and education, warned the Organisation for Economic Cooperation and Development in their latest report.
Julian Assange arrested at Ecuadorian embassy in London
WikiLeaks founder Julian Assange was arrested at the Ecuadorian embassy in London on Thursday.
May gets 6 month Brexit delay as EU says 'don't waste this time'
The UK was given a Brexit delay of six months to October 31, after a marathon emergency meeting of EU leaders in Brussels overnight.
Brexit concerns continue to weigh on Britain's housing market
The average level of stock on estate agents' books plumbed a close to record low in March, yet prices continued to decline modestly even as new inquiries fell for an eighth consecutive month on the back of mounting concerns around Brexit, according to the Royal Institution of Chartered Surveyors.