Fidelity Top Stories
Britvic lifts dividend as profits rise on out-of-home sales boost
UK drinks maker Britvic on Wednesday lifted its dividend after a rise in annual profits as store sales increased after the easing of Covid lockdown restrictions.
Turkish lira still in freefall
Turkey´s lira went into freefall on Tuesday after the country´s President said the country was fighting an "economic war of independence".
AO World warns profits to be hit by supply chain issues, product shortages
Online electrical retailer AO World cut its profit outlook as it warned of product shortages due to supply chain issues and higher costs.
Bodycote warns on revenue as shortages hit auto unit
Heat treatment specialist Bodycote warned full year revenues would be lower due to supply chain bottlenecks in the automotive industry.
Euro remains under pressure as Covid cases rise
The euro remained under pressure on Monday as Covid cases continued to surge across the continent.
Rouble weakens as US intel shows plans for potential Ukraine invasion
The rouble was under pressure again at the start of the week following reports detailing Russian troop and artillery movements which some fear could presage a large-scale push into Ukraine.
UK regulator to probe IAG Air Europa deal
The UK’s competition regulator said it was conducting a probe into IAG's planned €500m purchase of Spain's Air Europa to see if it would harm competition in Britain.
Economists bring forward date of first Fed interest rate hike to late 2022 - Poll
Economists revised their forecasts for interest rate hikes in the US during the month of October, bringing them more in line with market pricing, the results of a survey revealed.
Great Portland swings to profit, lifts rental value forecasts
UK commercial landlord Great Portland Estates swung to a half-year profit and lifted its rental value outlook as Covid lockdowns were eased and shoppers cautiously returned to London’s West End retail precinct.
German producer prices climb at fastest clip since 1951 on commodity price gains
Producer price gains in the euro area's largest economy clocked in at their fastest pace in over seven decades last month, as commodity prices continued climbing higher.
UK consumer confidence creeps up - GfK
UK consumer confidence edged up in November despite the rising cost of living but households' view of their own finances remained weak, a survey showed.
US economy 'roaring back' but pandemic 'still very much' front and centre
The US economy was "roaring" back but the pandemic remained very much front and centre, a top Federal Reserve official said.
New UK Covid variant may be less likely to cause symptoms, study shows
The fast-spreading variant of Covid-19 recently detected in the UK may be less likely to cause symptoms, the results of new research showed.
Ex-F1 boss Jordan ponders gamble on Playtech
Gambling software maker Playtech confirmed it has received an approach from a consortium that includes former Formula One team owner Eddie Jordan about a potential bid.
SSE to ramp up green capex as interims rise 30%
Interim profits at renewable energy company SSE on Wednesday rose by a third as the company pledged to invest £12. 5bn in green capital expenditure in an apparent rebuff to calls from activist investor Elliott to split the group.
Vodafone lifts earnings, cash flow guidance as H1 profits rise
Vodafone on Tuesday lifted earnings and cash-flow guidance after reporting a rise in first-half adjusted core profits driven by a rebound in handset sales and a stronger performance in Europe and Africa.
Wizz Air buys 102 Airbus A321 planes
European budget airline Wizz Air said it was buying 102 Airbus A321 aircraft for an undisclosed sum.
Serco lifts guidance but sees lower Covid-related work in 2022
Government outsourcer Serco on Monday lifted profits guidance after better-than-expected trading in Australia and the UK from Covid-related and other work.
Euro area industrial production dips as expected, but energy crunch 'clear risk'
Industrial production in the single currency area dipped in September, dragged down by a drop in the output of capital goods, a key ingredient of long-term growth.
AstraZeneca holds guidance as Covid vaccine turns profitable
AstraZeneca on Friday reported $1. 05bn in third-quarter Covid vaccine sales as the not-for-profit drug added 1% to earnings in the period, while the company reiterated annual forecasts for 2021.