Fidelity Top Stories
Brexit will hit UK firms harder than those from the EU, IFO says
Brexit will have a pronounced impact on Germany, but the hit to the UK will be especially hard, Germany's most prestigious economic research institute said.
Pfizer and BioNTech Covid-19 vaccine may be ready by late November
Pfizer and BioNTech's Covid-19 vaccine candidate could be ready for use by the end of November, the boss of the former company, Albert Bourla, said.
US consumer confidence rises in October, University of Michigan says
The American consumer grew a bit more confidence in October, the results of the most closely followed gauge for confidence across the country revealed.
US retail sales bound past forecasts in September
Americans continued to splash out at pace last month, despite the slowdown in hiring and a rebound in Covid-19 infections in many states.
Pound slumps as Johnson tells UK to 'get ready' for no-deal Brexit
Tensions on stalled Brexit trade talks heightened on Friday as Prime Minister Boris Johnson said Britons should prepare for no-deal if the EU did not compromise.
Wetherspoon slumps to first annual loss as boss attacks UK Covid curbs
Pub chain JD Wetherspoon swung to its first an annual loss, blaming the UK government’s coronavirus lockdown measures, and said recent 10pm curfew had led to a 15% fall in like-for-like sales in the first 11 weeks of the current fiscal year.
Jupiter Fund Management posts 42% jump in Q3 AuM
Jupiter Fund Management posted a bigger than expected rise in the amount of funds that it was charged with supervising during the third quarter, thanks to stronger than anticipated market returns both in its legacy business and at recently acquired Merian Global Investors.