Fidelity Top Stories
AB Foods profits slump 40% as Covid-19 hits Primark
Full-year profits at Associated British Foods fell by 40% as store closures at its Primark clothing chain due to the coronavirus pandemic offset better performances at its sugar and food ingredients units.
Tuesday preview: US elections, Associated British Foods in focus
All eyes on Tuesday will be on the US elections, even if the results won't start to be known - under a best case scenario - until the next day.
US factory PMI jumps past forecasts in October, ISM says
Factory sector activity in the US accelerated substantially last month, amid a surge in new orders, the results of a closely-followed survey showed.
Curevac Covid-19 vaccine generates immune response in early trial
German biotechnology outfit CureVac NV's experimental Covid-19 vaccine generated an immune response comparable to that of recovered patients.
AstraZeneca Covid-19 vaccine to be widely distributed by end Q1 2021 - report
The Covid-19 vaccine being developed by AstraZeneca and Oxford University could be in advanced stage of distribution by the end of the first quarter of 2021.
Primark sees £375m sales hit as stores shuttered in second Covid wave
Primark owner Associated British Foods said it expected to lose £375m in sales as new Covid-19 lockdowns across Europe forced the closure of its stores.
GVC warns of potential £43m profit hit from new Covid lockdowns
Gambling outfit GVC Holdings warned core earnings could fall by up to £43m as new coronavirus restrictions were imposed on its European shops.