Fidelity Top Stories
Johnson says that chances of reaching trade deal with EU are 'very good'
Prime Minister Boris Johnson sounded a confident note on the ability of Brussels and Westminster to clinch a trade deal.
EU responds to Chinese state aid for two Egypt-based exporters with tarriffs
The European Union has announced its first ever levy in response to Chinese state aid for firms exporting to the bloc from outside the Asian giant.
BP likely to cut dividend after price revisions - Berenberg
Oil giant BP was likely to cut its dividend at second quarter results in August after lowering long term oil and gas price forecasts and writing off $17. 7bn in assets, broker Berenberg said on Monday.
UK economy set to shrink by 8% in 2020 - EY Item Club
The UK economy is set to shrink by 8% this year and could struggle to recover before 2023 from the damage wrought by the coronavirus pandemic, said the latest analysis by EY Item Club.
English housing market bounces back as lockdown eases - Rightmove
The English housing market has rebounded strongly after lockdown restrictions were eased, industry research showed on Monday.
AstraZeneca to provide Europe with 400m doses of Covid-19 vaccine, if successful
AstraZeneca inked a deal with for European countries to provide its Covid-19 vaccine, if successful, starting from the end of 2020.
BP sees up to $17.7bn in Q2 writeoffs as Covid hits demand
BP said it was writing off up to $17. 5bn after it cut long term oil and gas price forecasts based on a long impact of Covid-19 and sustained weaker demand.
Euro area trade surplus wiped out in April
The single currency bloc's trade surplus with the rest of the world vanished in April as export sales fell at nearly twice the pace of purchases from overseas.
Over 1.0m left out of Covid-19 income support warn MPs
MPs warned the Treasury that over 1. 0m people were being left out of the Covid-10 income support schemes and urged the government to help cover everyone in need of the plan.
Chinese output may have recovered to 2019 levels in May, economists say
The latest batch of Chinese economic indicators came in below economists' forecasts but some analysts said they would still lead to upwards forecast revisions.
Sinovac says Covid-19 vaccine induced immune response in over 90% of volunteers
Sinovac says that early clinical trial results show that its Covid-19 vaccine candidate may protect people against infections.