Fidelity Top Stories
Climate change protesters block central London roads, dozens arrested
Hundreds of climate change protesters blocked major roads around parliament in London on Monday, marking the start of two-weeks of peaceful demonstrations to force the government to change its policies on environmental issues.
Hong Kong protests turn violent after face-mask ban
Anti-government marches in Hong Kong turned violent over the weekend after tens of thousands of demonstrators took to the streets following a ban on face masks.
UK house price growth hits a six-year low in September
House prices grew at their slowest pace since April 2013 last month, in keeping with the predominantly flat trend seen over recent months.
HSBC to cut up to 10,000 jobs globally
HSBC is planning to cut up to 10,000 jobs worldwide as part of a cost-cutting move, according to reports published on Sunday.
Johnson set to write request for Brexit extension, says court
Britain's government has pledged to request an extension to article 50 as required by the Benn Act, said a court of law on Friday.
Apple increases iPhone 11 production by 10%
Apple Inc has asked suppliers to increase production of its iPhone 11 models by up to 8m units, or about 10%, Nikkei Asian Review reported on Friday.
US foreign trade deficit continues to widen in September
America's shortfall in trade with the rest of the world widened in August as import growth outpaced sales overseas.
US non-farm payrolls rose by 136,000 in September
US non-farm payrolls rose more or less as expected last month while the unemployment rate fell to its lowest level in half a century.
IFS calls for duties on road usage by electric cars to cover lost fuel tax
A top think-tank called on Friday for electric cars to be subjected to taxes on road usage to compensate for the £28. 0bn loss in revenue that will ensue from the switch from fossil fuels to clean energy vehicles.
US services sector activity slows more sharply than anticipated in September
Services sector activity in the States cooled more sharply than anticipated last month, amid a rapid decline in new orders and a slower pace of hiring, the results of a key survey showed.
ECB De Guindos calls for fiscal policy to be given a greater role
A top European Central Bank official called for fiscal policy to be assigned a greater role in the single currency bloc's policy mix and for the creation of a European fiscal policy capacity.
Trump lashes out at Democrats over impeachment inquiry
US President Donald Trump lashed out at congressional Democrats for wasting Americans' time with "BULL****" over the new impeachment inquiry filed against him.
Germany may have fallen into recession in September, services PMIs show
Activity in the euro area's services sector cooled more quickly than expected last month, to its slowest pace year-to-date, amid weakening export trade and with companies running down their order backlogs, to the point that economic growth overall may have ground to a halt and with Germany entering a recession, the results of closely-followed surveys found.
Johnson proposes FTA with EU and alternative to Irish Backstop
The government's proposals to Brussels for a Free Trade Agreement and the creation of a single regulatory area on the island of Ireland as an alternative to the Irish Backstop were unlikely to 'cut the mustard', analysts said.
Thursday preview: US ISM services PMI, Ted Baker in the spotlight
The spotlight on Thursday will shift towards the latest services sectors Purchasing Managers Indices on both sides of the Atlantic, with investors likely keen to assess to what extent economic weakness in manufacturing might be filtering into the remainder of the economy, whether in the US or in the euro area.
London close: Stocks pummeled by global growth concerns
London stocks suffered very sharp declines on Wednesday amid ongoing worries about a global slowdown, even as investors digested Prime Minister Boris Johnson's proposal to Brussels for a free trade area and as regards the Irish border, which analysts said were not likely to fly with the European Union as they would give Northern Ireland a competitive advantage over the bloc.
Iran oil minister claims Saudi counterpart is a friend and reduces Aramco attack tensions
Iranian oil minister Bijan Zanganeh said his Saudi counterpart Prince Abdulaziz bin Salman is a “friend” brushing off the heightened tensions between Iran and Saudi in the wake of the cruise missile and drone attacks against Saudi Aramco facilities in September.
Johnson calls on EU to compromise as he rallies party faithful to 'get Brexit done'
Boris Johnson has used his speech to the Conservative Party conference to insist the UK will quit the European Union at the end of October, with or without a deal.
Possible diplomatic breakthrough as Ukraine contact group adopts 'Steinmeier formula'
Ukraine reportedly agreed overnight to adopt the so-called 'Steinmeier formula', in effect allowing elections in the breakaway region of Donbass and to grant it a special administrative status, possibly paving the way for the resumption of peace talks between Kiev and Moscow.
UK construction sector continues to falter as no-deal Brexit looms
The downturn in the UK's construction sector worsened in September, a survey showed on Wednesday, as Brexit uncertainty and the weak economic outlook saw clients delay investment decisions.