Fidelity Top Stories
ByteDance rejects Microsoft offer for TikTok, partners with Oracle instead
Chinese tech company ByteDance has decided to reject Microsoft's bid to buy video app TikTok and partner with Oracle instead.
Think tank warns house prices could fall 14% in 2021
House prices could fall by as much as 14% next year, according to analysis by the Centre for Economics and Business Research, hurt by the long-term economic impact of Covid-19.
Softbank sells chip designer Arm to Nvidia for $40bn
Japan’s SoftBank said it had agreed to sell Arm Holdings to Nvidia for $40bn, just four years after buying the chipmaker.
FCA extends help on mortgages but deferrals to be recorded
The Financial Conduct Authority (FCA) has confirmed further support for mortgage holders if they face payment difficulties due to the coronavirus pandemic, but their credit files will be marked as a result.
BP says oil may have peaked in 2019
Global oil demand may have already peaked with little chance of a recovery from the slump caused by the coronavirus crisis, oil major BP said on Monday.