Fidelity Top Stories
US manufacturing and services sector PMIs jump in July
Activity levels at both US factories and among services sector firms picked up substantially in August, according to the results of two closely-followed surveys.
Ovo Energy pays £1.2m fine as SSE unit misses smart meter target
Gas and electricity supplier Ovo Energy has paid a voluntary £1. 2m fine as its recently-acquired SSE Energy Services unit failed to hit smart meter installation targets last year.
EU approves €290m aid for Lufthansa Belgian unit
The European Commission on Friday approved a €290m aid package for German carrier Lufthansa's Belgian unit Brussels Airlines, to help it withstand the impact of the coronavirus pandemic.
EU's Barnier warns Brexit trade talks 'going backwards'
European Union Brexit negotiator Michel Barnier said talks between the UK and the EU went "backwards” this week, adding that negotiators are “wasting valuable time”.
Wirecard administrator agrees deals on sale of UK, Brazil assets
Collapsed payments company Wirecard has agreed to sell the remnants of its UK business to Railsbank, a UK start-up backed by Visa, administrator Michael Jaffe said on Friday.
UK retail veterans line up for Asda private equity bid
Two veterans of the UK retail industry are preparing to lead rival £6. 5bn private equity bids for British supermarket Asda, media reported on Friday citing unnamed sources.
AstraZeneca's imfinzi gets approval in Japan
AstraZeneca's Imfinzi has been approved in Japan for the treatment of patients with extensive-stage small cell lung cancer (SCLC), in combination with etoposide plus a choice of platinum chemotherapy, the company said on Friday.