Fidelity Top Stories
British expats must register to vote immediately, says deVere CEO
The boss of a major independent financial advisory organisation has urged British expats to register to vote in the upcoming general election as soon as possible.
US personal incomes and spending edge past forecasts in September
Americans splashed out at a slightly faster pace last month, alongside slightly softer price pressures.
FOMC cuts target for interest rates by another 25 basis points
Rate-setters in the US lowered the target range for official short-term interest rates on Wednesday, arguing that it would help to sustain economic growth and to meet its symmetric target for a rate of consumer price inflation near 2. 0%.
US Q3 GDP beats forecasts, but some economists caution details weak
Economic growth in the US slowed further last quarter amid a sharp slowdown in firms' investment on equipment which some economists said pointed towards a further slowdown in the months ahead.
Chile cancels APEC summit
Chilean authorities took the unprecedented step on Wednesday of cancelling the upcoming summit of the Asia Pacific Economic Forum in Santiago, Chile.
Johnson's Brexit deal would slash £70bn off UK economy, says NIESR
The Brexit deal secured by UK Prime Minister Boris Johnson would leave the country £70bn worse off than if it remained in the European Union, according to a report released on Wednesday.
German jobs market cools in October, adding to calls for fiscal stimulus
German unemployment rose only slightly more quickly than expected in October as the country's economy fell into a recession, but some economists said that might be enough to push policymakers to enact fiscal stimulus.
Europe close: Stocks run up at session's end on US-China trade news
European stocks jumped on Friday amid reports of continued progress in US-China trade talks.
Google boosts search engine ranking efficiency with AI
Google has reached a new milestone in understanding search queries and now has the ability to consider the full context of a searched word using artificial intelligence.
Russian central bank cuts rates by 50 basis points
Rate-setters in Moscow surprised some analysts at the end of the week with a larger than expected reduction in short-term official interest rates.
Offshore windfarms could provide enough electricity to meet global demands
Offshore wind sites could provide more than enough clean energy to satisfy the world's electricity needs, said a report by the International Energy Agency.
WeWork set to axe 4,000 staff
WeWork plans to axe 4,000 jobs in a turnaround proposal by its major shareholder SoftBank that includes a pullback in Asia.
PM said to confirm he will push for elections on 12 December
The Prime Minister will call a general election for 12 December.
China reportedly aiming for $20.0bn per year of US farm product purchases
Beijing is aiming to return to the level of purchases of US agricultural products that preceded Washington's decision to impose tariffs, leaving the door open to a big increase once a final trade deal had been signed.
ECB stays put as Mario Draghi bows out
The European Central Bank kept all its main policy settings unchanged, with Thursday's governing council meeting set to be the last for its current chief, Mario Draghi.
EU leaders leaning towards agreeing to a flexible extension to Brexit
One of the European Parliament's main decision-making bodies lent its weight on Thursday to those who were arguing that Brussels should accept London's request for an extension to the then current 31 October deadline for Brexit.
Nokia shares slump after outlook slashed
Shares in Nokia plunged on Thursday as the telecoms giant cut its full-year 2019 and 2020 outlook due to additional investment needs in 5G technology and margin pressure.
Germany's Syria peace proposals welcomed by US and NATO
A proposal from German defence minister Annegret Kramp-Karrenbauer for an international coalition to stabilise Northern Syria was welcomed by the US and other NATO allies on Wednesday.
Report says Beijing set to replace Carrie Lam as Hong Kong leader
The Chinese government is drawing up plans to replace Hong Kong leader Carrie Lam by March.
Boeing posts better than expected Q3 sales, assumes 737 Max return to service in Q4
Boeing posted much weaker than expected third quarter profits on the back of massive delays in shipments of its 737 Max, but sales fell by less than anticipated and the company said it expected the 737 Max to return to air worthy status before the end of the year.