Fidelity Top Stories
Experts say Wuhan coronavirus closer to seasonal influenza
The far lower mortality rate of the new coronavirus identified in the Chinese city of Wuhan means that it is unlikely to have anywhere near the significance for the US economy of the outbreak of Severe Acute Respiratory Syndrome in 2003, Capital Economics said.
Wetherspoons cheers Xmas sales rise
Pub chain Wetherspoons on Wednesday said it increased second quarter like-for-like sales by 4. 7% over the Christmas period as it held full year guidance.
Sainsbury CEO Coupe to step down; Replaced by Simon Roberts
Supermarket chain Sainsbury's said chief executive Mike Coupe would had confirmed his intention to retire in July to be replaced by the company's retail and operations director Simon Roberts.
Donald Trump calls for global cooperation, labels impeachment 'hoax'
America's President trumpeted the country's achievements thus far in his first presidential term while calling on all countries to work together.
Easyjet sees higher revenues on strong start to 2020
EasyJet on Tuesday forecast a rise in first half revenue per seat to rise by “mid to high single digits”after a strong start to 2020 and lower capacity levels from competitors.
BHP holds iron ore, thermal coal forecasts despite Australian fires
BHP maintained full year guidance for iron ore and thermal coal, despite the impact of the Australian bushfires on its coal operations.
IMF sees tentative signs of a bottom in global manufacturing and trade
The world's economic watchdog offered a less glum view of economic prospects, but said that many risks remained and that were still few signs of a turning point in the data.
Brussels warns UK against diverging from EU rules
Officials from the European Union warned businesses to “prepare for the worst” after UK Chancellor Sajid Javid's announced that the UK would diverge from EU rules after Brexit.
UK rules out automatic deportation of EU citizens post Brexit
Brussels's Brexit spokesman said on Friday that the UK had ruled out the option of automatically deporting citizens from the European Union that did not apply for settled status after Brexit.
Philly Fed index jumps past forecasts in January
A key lead indicator for the US manufacturing sector got off to a flying start in 2019, although the details of the survey were perhaps not quite as strong as they appeared to be at first glance.
Morgan Stanley tops Goldmans in market value thanks to fixed income trading
Shares of Morgan Stanley hit their best levels since late 2007 and overtook those of Goldman Sachs on the back of a fourth quarter surge in sales from fixed income trading.
UK house prices gather pace - ONS
Prices in the UK housing market gathered pace in the build-up to the general election, with those in the capital ticking upwards for the first time after nearly two years of weak growth.
Flybe averts collapse after govt, shareholders strike deal
British regional carrier Flybe was saved from collapse on Tuesday night after the government and airline's shareholders reached a deal to keep it in the air.
UK govt considers air duty cut to save Flybe
UK government officials were set to meet on Tuesday in an attempt to save regional air carrier Flybe from collapse with a potential cut in flying taxes on the table.
JP Morgan blows past Street in Q4 thanks to debt and commodities trading
JP Morgan blew past analysts' forecasts for its fourth quarter revenues and profits thanks to a bumper turnout for its debt and commodities trading arm.
PM formally rejects calls for second referendum on Scottish independence
The prime minister Boris Johnson has formally rejected calls by the Scottish National Party for a second independence referendum.
Britain, France and UK trigger Iran deal's dispute resolution mechanism
Britain, France and Germany triggered the so-called dispute mechanism contained in the 2015 nuclear deal with Iran.
China reports surge in exports ahead of crucial trade deal
China’s exports grew for the first time in five months in December, official data showed on Tuesday, comfortably beating expectations.
Gambling Commission bans use of credit cards for online bets
The UK's gambling regulator has banned the industry from allowing credit cards to be used to pay for online bets from April.
Taylor Wimpey on track as it welcomes UK election result
House builder Taylor Wimpey said it expected full year results to be in line with expectations as it welcomed increased political stability after the UK General Election.