Fidelity Top Stories
America's housing market still in rude health in September
America's housing market continued to be in rude health last month, figures from a key business lobby group showed.
Nancy Pelosi says US stimulus package may be agreed soon
Talks between US lawmakers to thrash out a new fiscal stimulus package are progressing and may be ready soon, the top Democrat in Congress said.
Sunak expands Covid job support scheme measures as cases rise
The UK government on Thursday unveiled an expansion of its furlough replacement scheme with the Treasury paying a greater share of workers’ wages to protect companies struggling under new regional Covid-19 restrictions.
BoE's Haldane pulls back on negative interest rates
The Bank of England is not poised to deploy negative interest rates, its chief economist insisted on Thursday.
Viagogo Stubhub takeover blocked by UK watchdog
Britain’s competition watchdog has provisionally blocked the $4bn takeover of ticket resale website StubHub by its controversial rival Viagogo.
RELX warns of lower revenues at exhibitions unit
Information business Relx on Thursday warned annual revenue at its exhibitions unit could fall by up to £210m before the cost of cancellations due to the coronavirus pandemic.
IAG posts €1.3bn Q3 loss, cuts capacity
British Airways-owner IAG posted a €1. 3bn third quarter loss and downgraded its capacity guidance as Covid-19 restrictions continued to hammer the travel market.
Travis Perkins sees improved trading in third quarter
Building materials group Travis Perkins reported an improved trading trend during the third quarter as Britons turned to DIY amid markets recovering from the coronavirus lockdown.
Unilever Q3 sales rise 4.4% in return to growth
Consumer goods giant Unilever on Thursday reported a better-than-expected 4. 4% rise in underlying third quarter sales as people continued to buy more hygiene and food products.