Fidelity Top Stories
Italian PM Conte set to step down on Tuesday
Italy's Prime Minister is set to step down on Tuesday.
Johnson and Johnson Covid-19 vaccine may approved in two weeks
Johnson&Johnson's Covid-19 vaccine may be two weeks from approval, one of the top US health officials said.
'Herd immunity' against Covid-19 possible in US by spring, some analysts believe
The number of new Covid-19 infections in the States continued to slow at the weekend, falling below the levels seen in late November.
AstraZeneca will fail to meet Covid-19 vaccine delivery targets in Europe
AstraZeneca will fail to deliver the number of Covid-19 vaccine doses which it had committed to with the European Union for the first quarter.
New Covid-19 strain may be deadlier, PM says
The Prime Minister said there was "some" evidence that the strain of Covid-19 first detected in the UK may be more lethal as well as more easily transmitted.
John Lewis raises FY guidance after robust Christmas sales
John Lewis Partnership raised annual guidance after better-than-expected trading over Christmas as people bought more goods online and also spent the holidays at home under tighter Covid restrictions.
Computacenter lifts full year guidance as public sector sales rise
Computacenter on Friday lifted full-year profits guidance after trading continued strongly until the end of the year driven by sales to public sector and services-based customers.
Eli Lilly treatment cuts Covid-19 risk by 80% in nursing homes
An antibody therapy developed by Eli Lilly reduced the risk of Covid-19 symptoms among residents of nursing homes by as much as four-fifths, a study showed.
UK consumer confidence continues to struggle
UK consumer confidence continued to struggle in January, a widely-watched survey showed on Friday, dragged down by concerns about the strength of the economy.
ECB keeps 'steady' stance, ready to adjust policy if needed Lagarde says
The European Central Bank kept all of its policy levers unchanged but did leave the door open to further easing if needed.
China imposes sanctions on top Trump officials
China has imposed sanctions on 28 Trump administration officials including former US Secretary of State Mike Pompeo for violating its sovereignty.
Entain cashes in online despite Covid hit to betting shops
Ladbrokes and Coral owner Entain reported flat full-year net gaming revenue (NGR), with online gambling offsetting the closures of betting shops due to the Covid-19 pandemic.
Brexit has led to loss of 2,500 British finance jobs and €170bn moving to France
Britain’s exit from the European Union is the cause of 2,500 finance jobs and €170bn in assets moving to France, said the governor of the Bank of France on Wednesday.
Online sales boom fuels Dixons Christmas revenues
Dixons Carphone maintained full year guidance as it reported a sharp rise in electricals revenue over the Christmas period driven by people buying televisions and computers online during the coronavirus lockdown.
WH Smith sees better Xmas as cash burn hits £15m-20m in lockdown
Stationery retailer WH Smith on Wednesday reported better-than-expected Christmas trading despite burning through £15m - £20m in cash a month during the current Covid-19 lockdown.
US Covid-19 infections drop sharply
The number of new novel coronavirus infections in the US dropped sharply at the start of the week.
Goldman Sachs shares hit record high after blowing doors off Q4 estimates
Goldman Sachs blew the doors off estimates from Wall Street analysts for its fourth quarter results, propelling the shares to a fresh all-time high.
LME set to close its doors for first time since WWII
One of the last remaining open-outcry trading floors in the world may soon shut its doors for good.
US needs to 'act big' to counter Covid impact on economy - Yellen
The US needs to take "act big" to counter the economic impact of the Covid-19 pandemic, Treasury Secretary nominee Janet Yellen was expected to say at her Senate confirmation hearing later on Tuesday,.
AO World third quarter sales soar, but warns on rising costs
Electrical retailer AO World posted a 67% rise in UK third quarter revenues as locked consumers bought more goods online during the coronavirus pandemic, but the company also warned on "significantly higher" rising costs.