Fidelity Top Stories
Italy Covid-19 infections continue to slow
The increase in the number of Italians infected with the Covid-19 coronavirus continues to slow.
GVC's Coral, Ladbrokes refuse rent payments - report
Bookmaking company GVC's Ladbrokes and Coral UK operations are refusing to pay rent on more than 3,000 shops to save cash as the coronavirus pandemic hammered profits, Sky News reported on Friday.
Brent futures jump again after report Russian firms ready to cut
Crude oil futures extended the previous day's rally following reports that Russian oil producers were prepared to reduce their own output to help stem the rout in prices.
XP Power pulls divi, sees strong healthcare orders
Power controller maker XP Power pulled its final dividend and cautioned for the full year despite “exceptional” order strength in its healthcare unit due to the coronavirus.
US non-farm payrolls sink in March, unemployment soars
The US jobs market deteriorated massively in March as the Covid-19 pandemic began sweeping across the country and some state authorities moved to a lockdown.
Ascential pulls dividend, cans Cannes Lions
Ascential said it was pulling its final 4p dividend and cancelling the Cannes Lions advertising conference in response to the coronavirus pandemic as it saw “significant disruption” across the marketing and communications industry.
AB Foods CEO, FD take voluntary 50% pay cut
Primark owner Associated British Foods said its chief executive and finance director had volunteered to take a 50% pay cut in response to the coronavirus pandemic.