Fidelity Top Stories
Crossrail costs blow out to £18bn as further delays announced
Costs on London's troubled Crossrail line have blown out to more than £18bn with its final completion now pushed back to 2021 at the earliest, Transport for London (TfL) said on Friday.
Several persons 'injured' in fight near London Bridge
Several persons were believed injured and at least one person was shot during what the London Ambulance Service declared was a "major incident" at London Bridge.
UK should invest £20bn into UN climate fund by 2030 to pay its 'fair share'
The latest report from the Institution for Public Policy Research (IPPR) says the UK should put £20. 0bn into the UN climate fund by 2030 to pay its “fair share”.
China accuses US of 'sinister intentions' after Trump signs Hong Kong pro-rights bill
China’s Ministry of Foreign Affairs said Thursday it was opposed to the US government's signing of a bill supporting Hong Kong protesters' rights into law and accused the Trump administration of having "sinister intentions".
PwC to create 600 jobs in Northern Ireland
PriceWaterhouseCoopers will hire over 600 skilled employees in Northern Ireland over the next five years as part of a special trainee program.
Post-Brexit tarriffs would cost UK car industry £42.7bn by 2024
The latest report from the Society of Motor Manufacturers and Traders urged Westminster to deliver an ambitious Brexit deal, warning that tariffs could decimate UK car production.
Chinese industrial profits slump as trade war hits home
China’s industrial profits fell at the steepest rate in eight months in October, data released overnight showed, undermined by Beijing’s increasingly bitter trade war with Washington.
US and China reach 'consensus' over trade deal - report
Washington and Beijing have reportedly reached a ‘consensus’ on trade talks, spurring hopes that a deal could be imminent.
Most Black Friday deals are not genuine discounts - Which?
Just one in 20 Black Friday deals are genuine and the shopping day is surrounded by “hype” revealed the latest research by Which?.
'Bring it on', Elon Musk replies to Ford VP's challenge
Ford Vice President Sundeep Madra challenged Elon Musk to a fair tow battle between the F-150 and Tesla's Cybertruck after Musk took a swipe at Ford at the unveiling of the latter, prompting a quick reply from the tech visionary.
Hong Kong pro-democracy candidates celebrate outstanding election victory
Pro-democracy candidates won a landslide victory in Hong Kong after citizens voted in local elections on Sunday.
US consumer sentiment near strongest level for two decades, UofM says
US consumer confidence stayed near its best levels for nearly two decades in November, according to the results of perhaps the most closely-followed survey of American's mood.
Europe 'must consider its place in the world', ECB's Lagarde says
At a time when "uncertainty abounds" and the conventional wisdom in diplomacy and economics was being "challenged", Europe "must consider its place in the world and reset its ambitions", argued the European Central Bank's new President.
US and China are 'very close' to striking a trade deal, Donald Trump says
Washington and Beijing "are every" close to striking a preliminary trade deal, the US President reportedly said on Friday morning.
Global economic growth weakest since financial crisis, says OECD
Global economic growth has fallen to its slowest rate since the global financial crisis, according to the Organisation for Economic Co-operation and Development (OECD).
Signing of Hong Kong bill could sour US-China trade relations
US-China relations will sour if President Donald Trump signs a pro-Hong Kong rights bill into law and could possibly negatively impact the ongoing bilateral trade talks aimed to reaching a so-called “phase one” deal.
Google to review limits of political ad targeting
Google is set to review its political advertising rules ahead of the UK and US elections to try to limit the ability of advertisers to target political demographics and decide how to take action against “demonstrably false" claims.
US-China trade deal may not be completed in 2019
The US and China may not ink a preliminary trade deal before year-end as Beijing holds out for an agreement on rolling back some of the levies which have been imposed on its exports and Washington ups its own demands in response.
Johnson pledges to scrap corporation tax cut in u-turn
Prime Minister Boris Johnson on Monday said he would scrap a planned cut in corporation tax and spend the revenue on the National Health Service.
Chinese officials grow more pessimistic on chances of US-China trade deal
US President Donald Trump's recent announcement that he had not agreed to any roll-back in already imposed trade tariffs on China had made authorities in Beijing turn more pessimistic on the chances that a phase-one deal between the two economic giants could be reached.