Fidelity Top Stories
TUI gets €1.2bn aid package from German govt
Holiday company TUI said the German government had approved €1. 2bn aid package to bolster its balance sheet and shield it from further coronavirus disruptions into next year.
ABN Amro axes 800 jobs in investment bank shakeup
Dutch bank ABN Amro said it was cutting 800 jobs and ending all trade and commodity financing after as part of a radical restructure after excessive risk-taking led to large losses at its corporate and investment division.
Europe midday: Shares continue gains as investors shrug UK GDP crash
European shares continued their strong run on Wednesday as investors shrugged off UK recession woes and US fiscal stimulus worries as Liberty Global's takeover of Sunrise Communications boosted sentiment.
Balfour Beatty swings to loss on Covid lockdowns; HS2 boosts order book
Construction giant Balfour Beatty swung to an interim loss as the coronavirus lockdown shut down building sites, but increased its order book after the government gave the go-ahead for its second high speed rail line.
Europe open: Markets shrug off UK GDP horror; Sunrise deal provides boost
European shares shrugged off UK recession woes and weaker closes on Wall Street and Asia on Wednesday, opening higher as Liberty Global's takeover of Sunrise Communications boosted sentiment.
Avast lifts FY guidance as work-from-home drives interims
Cybersecurity firm Avast said full-year organic revenue should be at the upper end of forecasts as it reported a strong first half driven by more people working from home during the Covid-19 lockdown.