Fidelity Top Stories
FirstGroup sells 3 Greyhound bus terminals for $137m
Transport operator FirstGroup has sold three Greyhound bus terminals for $137m (£102m) as it rationalises its property portfolio in North America.
UK MPs approve Brexit trade deal with EU
British lawmakers on Wednesday approved a deal governing the UK's trade relationship with the European Union.
Hut Group spends £318m on new acquisitions
Online retailer The Hut Group (THG) said it had spent more than £300m on new acquisitions as it continued its expansion plans.
UK, EU agree Brexit deal
Britain and the European Union finally agreed a trade deal on Thursday, after four-and-a-half years of tortured negotiations.
Last-minute fishing hitch said to delay Brexit deal announcement
Irish Foreign Minister Simon Coveney said a "last-minute hitch" related to the "small text" of a fisheries agreement was delaying the announcement of a Brexit deal, but insisted that a deal will be reached on Thursday.
Sterling surges as EU diplomat says Brexit deal 'imminent'
Sterling surged on Wednesday after a senior EU diplomat said a trade deal between the UK and European Union was "imminent" and could be agreed by the evening.
Amigo proposed payout cap to deal with mis-selling claims
Troubled sub-prime lender Amigo Holdings on Monday put forward a proposal that would see borrowers who believe they have been mis-sold loans receive capped payouts.
Arcadia's Evans brand sold to Australia's City Chic for £23m
The first part of Philip Green’s Arcadia retail empire has been sold off with the Evans brand going to Australia-based City Chic Collective for £23m.
Shell sees up to $4.5bn in Q4 write downs on Covid-19 impacts
Royal Dutch Shell on Monday said it was writing down $3. 5bn - $4. 5bn in the value of its oil and gas assets next year as it assessed the current impact of the coronavirus pandemic on fourth quarter operations.
Frasers Group pulls guidance after new UK Covid restrictions
Mike Ashley’s Frasers Group said it was pulling full-year guidance after the UK government closed non-essential retail stores in response to a new variant of the coronavirus breaking out in London and the South East.
Sony pulls Cyberpunk 2077 from PlayStation store after complaints
Sony announced on Friday it would be pulling CD Projekt's much-hyped Cyberpunk 2077 computer game from the PlayStation Store after customers complained about glitches and compatibility issues.
Surprise drop in Philly Fed index for December, as new orders slump
Activity at factories across the US mid-Atlantic region slowed more quickly than expected at the end of 2020, the results of a closely-watched survey showed.
TalkTalk agrees £1.1bn takeover by Toscafund, Penta
UK broadband provider TalkTalk on Thursday said it had agreed a £1. 1bn takeover by Toscafund and private-equity investor Penta that will see the telecoms group taken private with founder Charles Dunstone retaining a stake.
SSP sees Q1 sales slump on second Covid wave after FY loss
Travel food outlet operator SSP Group said it expected an 80% fall in first quarter sales as the second wave of Covid-19 hit its UK and European markets with volatility continuing into the second three months of the financial year.
John Laing lifts stake in Australia jail project
Infrastructure project investor John Laing said it had invested AUD $22. 5m (£12. 6m) to lift its stake in Australia’s largest prison.
Rio Tinto appoints CFO Stausholm as new chief executive
Rio Tinto said it had appointed finance director Jakob Stausholm as its next chief executive as the Anglo-Australian mining giant looked to move on after blowing up a sacred Aboriginal site, sparking global outrage.
Federal Reserve 'tweaks' QE guidance to easier for longer
The Federal Reserve 'tweaked' its guidance for asset purchases on Thursday night, from time-based to outcome-based.
US retail sales surprise with sharp November drop
Retail sales volumes in the US fell by much more than expected last month as the holiday season got off to a very weak start.
UK economy shows signs of life, despite headwinds from Covid-19 and Brexit
Economic activity in the UK picked up slightly at the end of 2020, despite the evident headwinds from Covid-19 and Brexit, led by an expansion in factory sector activity, the results of two closely-followed surveys revealed.
UK court overturns decision to block Heathrow third runway
Heathrow Airport on Wednesday won a Supreme Court challenge over a ruling that the government’s decision to approve a controversial third runway was illegal.