Fidelity Top Stories
Saudi Aramco cancels plans for marketing shares in Europe
Saudi Arabia called off plans to formally market shares of its state oil company outside the kingdom and other Gulf countries in its initial public offering, reported The Financial Times.
Trump defends Biden after Kim Jong-un calls him a 'rabid dog'
America's President defended his potential Democratic party rival after North Korean leader Kim Jong-un called him a ‘rabid dog’ that should be “beaten to death” with a stick.
US pre-open: Stocks set for slightly higher start, Morgan Stanley shuns US equities
US stock market futures were pointing to a slightly higher open in the States on Monday, following 'constructive' trade talks between the US and China at the weekend and a small interest rate cut by the People's Bank of China overnight.
Swiss group SIX launches bid for Spain's stock market operator BME
Consolidation among the world's main stockmarket operators heated up further at the start of the week as Swiss-based SIX Group launched a "friendly" bid for Spain's BME, even as the Madrid-based firm confirmed that it was in talks with pan-European exchange group . Euronext about a possible tie-up.
UK home sellers pull back in November amid unusually high uncertainty, Rightmove says
Asking prices for homes in the UK dipped in November, despite a sharp drop in the number of new sellers on the back of lacklustre prices and political uncertainty, the results of a closely-followed survey revealed.
Fifteen countries outside the EU ask for Brexit trade compensation
Fifteen countries including Australia, the US, India and New Zealand have asked for trade compensation from the UK and the EU over the economic hit caused by Brexit.
BT shares slip amid Labour nationalisation plans
Shares of BT Group dropped on Friday after the Labour Party pledged to partially nationalise the company as part of plans to provide all homes and businesses with free full-fibre broadband by 2030.
US pre-open: Stocks set for slight gains ahead of barrage of economic data
Stocks on Wall Street are being called to start the Friday session with small gains following upbeat remarks from a top White House official.
BT wins exclusive UEFA broadcasting rights to 2024
BT on Friday said it had won exclusive rights to broadcast all matches of the UEFA Champions League, Europa League and new Europa Conference League until 2024.
US-China trade talks near successful conclusion, White House's Kudlow says
Trade talks between Washington and Beijing are nearing a successful conclusion and are now ongoing on a daily basis, the White House's top economic official said.
Chinese economy continued to lose momentum in October
Economic activity in the People's Republic of China continued to slow down in October, pointing to at least further mild policy easing from the country's central bank before the end of the year and an economy that was heading into 2020 with scant momentum.
China insists on US trade tariff roll-back
China reiterated its call for the US to roll back its trade tariffs as part of a phase-one trade deal between the two powers and pushed back on requests to provide detailed targets for increasing its purchases of US farm goods.
UK house prices dip amid political uncertainty - RICS
UK house prices dipped in October as buyers and sellers opted to sit tight amid political uncertainty, according to the latest survey from the Royal Institution of Chartered Surveyors.
Policy settings at an appropriate level, Fed's Powell says
The head of the Federal Reserve sounded a confident note on the economic outlook on Wednesday and appeared to signal that the central bank's monetary policy was likely set to remain at its current level for an extended period.
BP CEO asks environmentalists to be 'realistic', saying fossil fuels industry is 'vital'
Bob Dudley, outgoing BP CEO said at ADIPEC in Abu Dhabi on Monday that fossil fuels companies’ efforts to secure a lower carbon future are realistic and called for environmental campaigners to remember how vital the current energy mix is to millions of people.
Bank of England stays put, but Haskel and Saunders vote for a cut
The Bank of England held off from any policy changes at its meeting on Thursday, but two members of its Monetary Policy Committee unexpectedly broke ranks and voted for a cut in Bank Rate, although they were outnumbered by their peers.
China and the US agree to phase out tariffs as part of phase one deal
Chinese and US officials agreed to phase out the tariffs previously imposed on each other’s goods, a Chinese Ministry of Commerce spokesman said.
Xerox mulling audacious $27.0bn bid for HP - report
Xerox is reported to be considering an audacious cash-and-stock offer for larger rival HP worth more than $27. 0bn.
OPEC forecasts lower oil demand growth as its market share shrinks
The Organization of Petroleum Exporting Countries announced in their annual World Oil Outlook that it has lowered its long-term forecasts for global oil demand growth even as its own market share dwindles.
Gambling stocks lose out after MPs call for tighter curbs on online casinos
Gambling stocks came under pressure on Monday after an influential group of cross-party MPs called for tighter curbs on online casinos.