Fidelity Top Stories
IAG obtains regulatory approvals to continue flying in case of no-deal Brexit
British Airways owner International Consolidated Airlines said on Tuesday it had obtained the necessary regulatory approvals to continue flying freely regardless of whether there is a Brexit deal in place or not by the end of the year.
US President makes case for 'decoupling' economy from China
America's President made the case for 'decoupling' the US economy from China's and accused his main political rival of being too soft on Beijing.
JD Sports resumes guidance, scraps dividend on cautious outlook
JD Sports Fashion forecast annual pre-tax profits of at least £265m as it scrapped an interim dividend and reported a slump in half-year earnings caused by the coronavirus pandemic.
Government legal chief quits over proposed Brexit agreement changes - report
The pound dropped sharply on Tuesday, after reports that one of the government’s most senior legal experts had resigned over Downing Street proposals to challenge parts of the 2019 Brexit Withdrawal Agreement.
Conditions in small US business sector remain 'grim', economists say
Small business sentiment in the US edged up last month with their hiring plans returning to their levels from before the onset of the Covid-19 pandemic, according to the results of a closely-followed survey.
Global pharma bosses vow to put science first in race for Covid-19 vaccine
The bosses of nine of the world's largest pharmaceutical companies pledged to put science and safety first in the race to find a vaccine for Covid-19.
Meggitt scraps divi as Covid airline shutdown hits aerospace unit
UK aerospace engineer Meggitt said on Tuesday scrapped its interim dividend to save cash in the teeth of the coronavirus crisis, as it slumped to a heavy half-year loss.
Brexit trade talks resume as EC president warns UK to respect International law
The president of the European Commission has warned the UK to respect international law as increasingly fraught trade negotiations between London and Brussels resumed on Tuesday.
StanChart's global head of commodities set to leave
StanChart's global head of commodities will leave after four years at the lender in a possible move to restructure the unit and cut risk.
Halfords warns on H2 profits as bike sales set to decelerate
Halfords reported soaring sales of cycling goods and car roof boxes as Britons avoided public transport during the coronavirus pandemic, but warned of lower second-half profits as winter approached.
BoE's Haldane warns against furlough scheme extension
The Bank of England's Any Haldane cautioned against delaying the inevitable through an extension of furlough schemes, offering alternatives, even as he sounded a relatively upbeat note on the economy.
Europe open: Shares muted ahead of eurozone data; UK stocks dominate
European shares started Tuesday in muted fashion ahead of Eurozone revised second quarter GDP figures as strong UK corporate earnings offset a weaker broader market.
EasyJet cuts capacity as Covid-19 measures hit demand
UK budget airline easyJet said it was cutting its flying schedule as changing government travel restrictions and coronavirus quarantine measures continued to hit demand.