Fidelity Top Stories
Global passenger demand growth slows as coronavirus hits airlines
The International Air Transport Association said on Wednesday that global passenger traffic data for January 2020 showed that demand had climbed just 2. 4% year-on-year - the slowest pace recorded in almost a decade.
Italian government closes down schools and universities until mid-March
Italy's government decided to close all of the country’s schools and universities from 5 March until mid-month due to the coronavirus, state-owned ANSA reported.
FlyBe £100m bailout set to be 'rejected' - reports
Flybe is facing potential collapse after its request for a £100. 0m taxpayer loan looked set to be rejected.
Barclays sees opportunities following 'indiscriminate selloff'
Barclays made the case for intermediate-term investors to add certain shares to their portfolios following the recent "indiscriminate" selloff in shares.
UK should spend over £8bn in next budget to effectively decarbonise economy
A report by Lord Nicholas Stern urged Chancellor Rishi Sunak to spend over £8bn in next week’s budget on zero-carbon infrastructure and outlined the impact of climate change on the UK.
Futures gain as Biden takes lead of Democratic presidential race in Super Tuesday victories
Joe Biden took the lead of the Democratic Presidential race ahead of rival Bernie Sanders on Tuesday after winning in eight states, including two "upsets" in Massachussetts and Texas.
Legal & General FY profits driven by bulk annuity sales
UK insurer Legal & General reported a 12% rise in full year operating profit, driven by record pension risk transfer deals.