Fidelity Top Stories
Covid 19: UK govt urges Britons travelling abroad to return home
The UK government advised all Britons travelling abroad to return home immediately, an hour before Prime Minister was due to address the nation on the coronavirus crisis.
UK govt under pressure to extend bailout terms to self-employed
The UK government was under increasing pressure to extend its wage guarantee to cover the self-employed hit by the Covid-19 crisis as a former central bank governor called for intervention and a union representing gig economy workers said it was taking legal action.
Shell in plan to save $10bn as Covid-19, oil price crash bite
Shell said it was cutting capital expenditure, underlying operating costs and postponing the next phase of its share buyback to save $10bn in the face of the Covid-19 pandemic.
US pre-open: Futures reverse steep drop after NY Fed announces purchases
Shares on Wall Street were being called to start the session slightly higher after the US central bank announced its plans for asset purchases, offsetting disappointment among traders after a roughly $1. 6trn government spending package failed to pass muster overnight in the Senate.
Airbus pulls dividend, secures fresh credit to shore up cash reserves
Airbus has pulled its dividend and secured a €15bn credit facility as it looks to bolster cash reserves during the coronavirus crisis.