Fidelity Top Stories
'No real progress' in UK-EU trade talks, German official says
The UK and the EU have made "no real progress" towards a trade deal and Britain must be more flexible to achieve a breakthrough, Germany's ambassador to Brussels said.
Euro bounds higher on news ECB rate-setters saw a 'unanimous need to act'
The European single currency bounded higher and government bond yields on the periphery caught a bid after the European Central Bank ramped-up its latest emergency bond buying programme.
Weekly US jobless claims continue to slowly fall back
Layoffs in the US continued at a furious, even if a bit slower, pace last week and a jump in so-called secondary unemployment claims appeared to show that gross hiring was recovering only slowly.
BA parent IAG burning through £178m a week, says Cruz
British Airways parent company IAG was burning through £178m a week as it wrestled with the coronavirus crisis, according to the airline's chief executive.
German ruling coalition agrees on second stimulus package worth 130bn euros
Chancellor Angela Merkel managed to break an impasse between lawmakers from the governing coalitions two parties, both of which are facing elections in late 2021.
ECB boosts asset purchases under Covid-19 PEPP programme by 600bn euros
The European Central Bank more than delivered on economists' expectations for further easing.
BoE asks banks to give estimates on Covid-19 loan losses
UK lenders have been asked to forecast expected loan losses from the coronavirus crisis, the Bank of England said on Thursday.
Aston Martin to axe 500 jobs as Covid-19 hammers sales
Luxury car marker Aston Martin said it was axing 500 workers as it cut back production after the coronavirus pandemic led to a sales slump.
Ryanair boss slams 'useless' UK 14-day quarantine plan
Britain's plan to quarantine international visitors for 14 days was slammed as “useless and ineffective” by Ryanair boss Michael O'Leary on Thursday.
SSP Group raises £11m from share placing
Catering group SSP said it had raised £11m from a share placing after asking shareholders to reinvest their 2019 final dividend.