Fidelity Top Stories
OPEC set to meet amid doubts around further production cuts
Delegates from the Organisation of the Petroleum Exporting Countries are meeting in Vienna from Thursday with traders wondering aloud whether the cartel and its allies will approval further oil production cuts.
M&G suspends property fund citing Brexit, weak retail sector
Heavyweight investor M&G on Wednesday suspended withdrawals from its property fund, citing Brexit worries and a weakening retail sector which had sparked a run by investors.
Tesco, Sainsbury and Asda urge Brazil to stop Amazon deforestation
Tesco, Sainsbury and Asda have urged Brazilian President Jair Bolsonaro to stop the Amazon deforestation for soy production in a letter published on Tuesday.
US trying to achieve 'right trade deal' with China, Ross says
America's top economic official said that Washington was focused on getting "the right deal" with China and kept the door open to the possible imposition of new trade tariffs.
US President says French criticism of NATO is 'very dangerous'
The US President responded on Tuesday to his French peer, Emmanuel Macron's, recent criticism of the North Atlantic Treaty Organisation as "brain dead" and defended Washington's threat to levy tariffs on some French exports in retaliation for what the White House said were 'discriminatory' taxes against US technology companies.
Hedge funds drop objections to Inmarsat takeover
Inmarsat shareholders contesting a $3. 4bn takeover of the satellite firm by private investors have dropped their objections ahead of a court hearing on Tuesday, the company said.
Amazon 'worst' aggressive tax avoider - Fair Tax Mark
The transparency campaign Fair Tax Mark accused America's six largest technology firms of "aggressively avoiding" $100. 0bn-worth of taxes around the world over the past decade, singling out Amazon as the "worst offender".
Brussels 'ready' to cut off access for City of London post-Brexit
The EU’s financial services chief Valdis Dombrovskis told the Financial Times that Brussels is ready to cut off the City of London’s market access following Brexit.
COP25 climate summit: UN chief says we are at 'point of no return'
At the start of the COP25 climate summit in Madrid on Monday, UN secretary general Antonio Guterres said the planet was at a point of no return and that “we simply have to stop digging and drilling. ”.
Trump to reimpose tariffs on Argentine and Brazilian metal exports
US president Donald Trump is to reinstate tariffs on imports of metals from Argentina and Brazil.
Trade talks between China and the US 'stalled' - reports
Hopes that the US and China are close to striking a crucial phase one trade deal have weakened, according to reports, after the White House appeared to back protestors in Hong Kong.