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Fidelity Top Stories
26 Aug
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Moderna says Covid-19 vaccine also generates antibodies among elderly

Moderna shares found a bid in the middle of the week after the biotechnology outfit announced that its experimental Covid-19 vaccine did generate antibodies against the disease in elderly patients.

26 Aug
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American Airlines to axe 19,000 jobs when Covid wage scheme ends

American Airlines said it would cut 19,000 jobs in October when a US government coronavirus wage support scheme extended to the industry ends.

26 Aug
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Trump ban on WeChat could harm some US businesses

US President Donald Trump’s executive order banning messaging app WeChat could result in a hit to the revenues of companies in China subject to US jurisdiction.

26 Aug
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The Hut Group planning biggest UK IPO of 2020

The Hut Group's boss may be in line to receive one of the biggest payouts in British corporate history from the company's upcoming initial public offering.

26 Aug
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Polymetal doubles divi as results shine on gold, silver prices

Russian miner Polymetal reported sharply higher interim profits and doubled its dividend, driven by higher gold and silver prices.

26 Aug
Asia report: Shares lower on lacklustre Wall Street as traders eye Powell speech

Asian shares closed lower on Wednesday as a lacklustre Wall Street and mixed economic data dampened investor enthusiasm.

26 Aug
Carnival's Princess cruises cancels early 2021 voyages

Cruise operator Carnival said it had cancelled its early 2021 world cruises and circle South America cruises on two of its ships, citing limitations with border and port access amid the Covid-19 pandemic and the continued uncertainty of airline travel.

26 Aug
Virgin Atlantic creditors approve £1.2bn rescue deal

Virgin Atlantic was thrown a lifeline on Tuesday after creditors backed a £1. 2bn rescue deal to help it through the Covid-19 crisis.