Fidelity Top Stories
Oil companies to ramp up plastic supply to counter shift to renewable energy
Oil companies are set to ramp up their plastic production in a move to offset the shift towards renewable energy sources.
Russian vaccine candidate obtains positive peer reviews
Russia's Covid-19 vaccine candidate generated an immune response without any adverse side effects, according to a peer-reviewed study.
US non-farm payrolls rise by a bit less than expected in August
US non-farm payrolls rose by a bit less than expected last month, but unemployment undershot economists' forecasts by a wide margin.
Virgin Atlantic axing 1,150 more jobs despite ok for £1.2bn rescue deal
Virgin Atlantic said it was cutting another 1,150 jobs and putting 600 staff on furlough despite the struggling airline receiving approval for its privately-financed £1. 2bn rescue plan.
Berkeley holds guidance on better-than-expected trading
House builder Berkeley maintained full year guidance as it reported better-than-expected production levels due to pent-up demand after the easing of coronavirus lockdown measures.
UK August new car registrations fall 5%
UK August new car registrations fell 5% year on year, according to data from the Society of Motor Manufacturers and Traders (SMMT) released on Friday.
German recovery falters after weak July industrial orders
German industrial goods orders rose by a smaller-than-expected 2. 8% in July, according to official data on Friday, in a further indication that the post-coronavirus recovery was faltering.
WPP buys France's Velvet Consulting for undisclosed sum
WPP said it had bought Velvet Consulting, a French customer experience consultancy, for an undisclosed sum.