Fidelity Top Stories
Washington and Brussels to bury the hatchet on Boeing-Airbus dispute for five years
Brussels and Washington have decided to shelve their often acrimonious spat over the subsidies granted to their aircraft manufacturers for five years.
US foreign trade deficit narrows as expected in April
America's shortfall on trade with the rest of the world narrowed in April.
AstraZeneca, MSD prostate cancer drug gets China green light
AstraZeneca and MSD’s Lynparza prostate cancer drug has been granted conditional approval in China after a successful phase three trial, the companies said on Thursday.
US private sector payrolls grow more quickly than expected in June
Hiring in America strengthened by more than expected in June, as services sector firms, especially in Leisure and Hospitality, added to their payrolls.
BoE's Haldane warns inflation headed towards 4 per cent
Andrew Haldane warned in his last speech as the Bank of England's chief economist that policymakers risked losing control of inflation.
Berenberg stands by UK, euro area GDP forecasts despite Delta variant
Rising rates of Covid-19 infections across the Continent due to the new Delta variant won't hit economic activity significantly, but the risks need to be carefully monitored, economists at Berenberg said.
Dixons Carphone returns to profit, resumes dividend as online sales soar
Dixons Carphone reinstated its dividend as it swung back to profit on the back of a massive boost in online electrical goods sales during Covid lockdowns.
Moderna says Covid-19 vaccine appears effective against variants
Pharma company Moderna announced on Tuesday its Covid-19 vaccine showed promise in a lab setting against coronavirus variants, including the Delta variant that originated in India.
CD&R confirms higher £2.7bn offer for UDG Healthcare
US private equity firm Clayton, Dubilier & Rice on Tuesday confirmed its increased final £2. 7bn offer for Dublin-based UDG Healthcare.
Hong Kong bans flights from UK to stop spread of Covid-19 Delta variant
Hong Kong announced plans to ban all passenger flights from the United Kingdom starting from 1 July Thursday to curb the spread of the Delta variant of COVID-19.
Greggs sales recovery since May 10 'stronger than expected'
High Street bakery chain Greggs has reported a stronger than expected recovery in sales from the Covid pandemic since early May which could have a "materially positive" impact on annual earnings.
JD Sports buys Spain's Deporvillage for up to €140m
International sports retailer JD Sports Fashion it had bought 80% of Spanish cycling, running and outdoor equipment seller Deporvillage for up to €140. 4m.
CD&R mulling improved 1,080p a share bid for UDG Healthcare
UDG Healthcare on Friday said US private equity firm Clayton Dubilier & Rice was considering lifting its bid after pressure from major shareholders, with the new offer valuing the Irish firm at £2. 76bn.
US durable goods orders up in May, jet orders jump
Orders in the US for goods made to last more than three years continued growing at a steady clip last month, helped by strong demand from the transportation sector.
BoE warns against 'premature tightening' in policy
Rate-setters at the Bank of England voted unanimously to keep Bank Rate at its current level, warning against a "premature tightening" in policy.
Bunzl sees rise in H1 revenue as recovery offset by fall in Covid orders
Distribution specialist Bunzl forecast a rise in first-half revenue as a recovery in its base business, including the food service and retail sectors, was largely offset by an anticipated fall in Covid-related orders.
Delta plus variant reclassified as 'variant of concern', experts sanguine for now
India's Health Ministry has upgraded a new variant of Covid-19 dubbed Delta plus to a "variant of concern".
Inflationary worries resurface as eurozone June PMIs show prices rising
Soaring demand and rising prices in the eurozone in June have fuelled further concerns about inflation after a key survey showed June business activity in the region rising at its fastest rate in 15 years this month.
UK economic recovery continues but inflationary pressures build - PMI
The UK’s economic recovery continued in June, research published on Wednesday showed, prompting a record hike in employment, but inflationary pressures gathered pace.
Powell sticks to forecast for inflation to fall back to target
The head of the US central bank doubled down on forecasts for slower inflation as the country's economy reopens.