Fidelity Top Stories
Frasers Group sees higher 2021 earnings as FY profits fall 20%
Frasers Group forecast a 10-30% improvement in underlying core earnings next year as 2020 profits fell by a fifth due to the Covid-19 pandemic and warned of more store closures at the department store chain.
Mothercare unveils new business model, finally agrees Boots deal
Retailer Mothercare on Thursday unveiled a new business model after talks with franchisees and completed a 10-year deal with pharmacy chain Boots to sell goods in its stores in time for the autumn season.
Antofagasta first-half earnings fall as dividend cut
Chilean copper miner Antofagasta reported a 22. 4% fall in first-half earnings on weaker prices and sales but still paid a reduced dividend.
Washington and Beijing planning to reschedule postponed trade deal progress review
Washington and Beijing are planning to reschedule the progress review for their phase one trade deal which had been due to take place on 15 August before the US President's decision to postpone it indefinitely.