Fidelity Top Stories
HSBC beats first quarter profit forecasts, shares rise
HSBC saw first quarter profits more than double versus the year ago period, boosted by a reversal in its credit losses, profits across all major divisions, and with its European and US operations back in the black.
Entain ups offer for wagering unit of Australia's Tabcorp
Ladbrokes and Coral owner Entain has made an improved offer of AUD$3. 5bn (£1. 95bn) for the wagering and media division of Australia’s Tabcorp.
Pubs and restaurants trade solidly post-lockdown - survey
Britain's pubs and restaurants made a solid start to post-lockdown trading in England after they were allowed to serve customers outdoors, a survey indicated.
US durable goods orders strong in March outside of civilian aircraft
Orders in the US for goods made to last more than three years fell short of market expectations last month, but only as a result of weakness in the often volatile category of civilian aircraft.
Facebook, Axel Springer launch antitrust complaint against Apple in Germany
Some of Germany’s biggest media companies have filed an antitrust complaint against Apple, it was reported on Monday.
UK consumer confidence up by most in a decade - Deloitte
UK consumer confidence jumped by the highest margin in at least 10 years in the first quarter of 2021 as lockdown eased and vaccinations progressed, a survey showed.
EU may be set to allow US tourists to travel by summer
The European Union is moving closer to opening the bloc to US tourists, the bloc's highest-ranking official said.
Pearson Q1 revenues up 5%, maintains 2021 guidance
Educational publisher Pearson reported underlying first quarter revenue growth of 5% driven by demand for global online learning as it maintained annual guidance.
Tate & Lyle confirms plans to sell controlling stake in sweeteners unit
Tate & Lyle on Monday confirmed reports it was planning to sell a controlling stake in its primary products division to a “long term financial partner”.
Covid-19 cases in India hit new record highs
India reported the world's highest daily tally of coronavirus infections for a second day on Friday, surpassing 330,000 new cases in 24 hours.
US factory and services output risinig at record pace, PMIs reveal
Activity in US manufacturing and services accelerated at its fastest pace on record in April, according to two surveys.
UK economy continues to accelerate in April as lockdowns are eased, PMIs show
Manufacturing and services activity in Britain accelerated further at the start of the second quarter, with the former expanding quickest as lockdowns were eased, two closely-followed surveys showed.
Euro area economy grows in April as companies adjust to virus, PMIs show
Euro area manufacturing and services activity surprised to the upside in April, growing at pace not seen since July, the results of two key surveys revealed.
UK consumers cautious as economy reopens - GfK
UK consumer sentiment took a cautious turn in April as concerns about new strains of Covid-19 and the economy tempered the enthusiasm recorded earlier in 2021.
ECB stays put on policy, leaves door open to PEPP 'recalibration'
European Central Bank policymakers stood pat on policy, reiterating their intention to up the ante on bond purchases and, apparently, while leaving all their options open.
Centamin gold production up on higher grades
Centamin maintained full year production as it reported higher quarter-on-quarter gold output driven by improved mining grades.
Anglo American Q1 copper production up despite capacity constraints
Anglo American reported higher first quarter copper production despite capacity constraints caused by Covid-19 restrictions as it continued to shift its focus towards “future enabling” metals and minerals.
Taylor Wimpey holds guidance as order book rises
House builder Taylor Wimpey maintained annual guidance and reported an increased order book despite the latest Covid lockdown as strong demand and government support schemes drove sales.
Pressure groups to lobby UN over menthol tobacco - report
The US government is facing further pressure to ban menthol cigarettes after campaign groups lobbied the United Nations over the issue, it was reported on Wednesday.
Football shares tumble after Super League collapses
Shares in football clubs were sharply lower on Wednesday, after plans to launch a European Super League collapsed just days after they were first announced.