Fidelity Top Stories
Goldman Sachs thinks markets underpricing odds for Covid-19 vaccine before year end
Goldman Sachs thinks the world will be in a very different place in three months' time on at least three front, so much so that investors' expectations for the outcomes will likely set the tone for trading until then.
Aviva pays divi as Covid claims hit H1 profits; Cuts focus on Asia, Europe
Insurer Aviva reinstated its dividend but said it would review its payout policy as half-year profit fell on coronavirus-related and weather claims and said it would reduce its focus on Asia and Europe.
Serco profits soar on govt demand for Covid-related services
UK outsourcer Serco said interim profits rose 53% on the back of demand from governments for its services during the coronavirus pandemic and purchase of a US naval systems unit last year.
Glencore scraps $2.6bn dividend to focus on debt cuts
Glencore scrapped its deferred $2. 6bn dividend to bolster its balance sheet as half-year profits fell on weak commodity prices and the Covid-19 pandemic but oil trading posted record profits.