Fidelity Top Stories
Jefferies says price paid to LSE Group for Borsa Italiana 'reasonable'
Analysts at Jefferies sounded a positive note on Euronext's acquisition of Borsa Italiana from the London Stock Exchange Group, highlighting both the price paid and the strategic rationale behind the transaction.
Spain decrees 'state of alarm' in Madrid and nine other cities
Spain's government has decreed a partial 'state of alarm' covering the country's capital, Madrid, and nine other cities.
Trump administration reportedly open to comprehensive stimulus bill
The Trump administration has changed tack again and is now open to a broader stimulus package to help sustain the economy through the Covid-19 pandemic.
Ryanair could take 737 MAX deliveries 'in early 2021'
Ryanair said it expected the troubled Boeing 737 MAX passenger aircraft to return to service in the US in the next four weeks, and could start taking delivery in early 2021.
UK recovery continues to lose steam as August GDP rises 2.1%
Britain’s economy expanded by a lower-than-expected 2. 1% in August compared to July, as the recovery from the coronavirus lockdown continued to lose momentum, official data revealed on Friday.
LSE sells Borsa Italiana to Euronext for €4.3bn
London Stock Exchange has agreed the sale of Borsa Italiana for about €4. 32bn (£3. 9bn) to Euronext, the company said on Friday.
Marstons merger with Carlsberg cleared by regulator
The £780m merger of brewers Marston’s and Carlsberg has been cleared, the Competition & Markets Authority said on Friday.
Wood Group extends, steps down revolving credit facility
Engineering outfit Wood Group on Friday said it had extended its revolving credit facility to May 2023 and would cut it to $1. 5bn.