Fidelity Top Stories
US weekly jobless claims lower than expected
US weekly jobless claims came in at 198,000 for the week to December 25, according to data published by the US Department of Labor on Thursday and below expectations of 208,000.
Capita sells software business for up to £40m
UK outsourcing company Capita said it had sold its AMT Sybex software business to Jonas Computing for up to £40m as it continued to offload non-core assets to bolster its balance sheet.
Balfour Beatty fined $65m for defrauding US military
Balfour Beatty has agreed to pay $65m in fines and restitution after pleading guilty to a charge of fraud by a subsidiary operating as a military landlord.
FCA to consult on redress plan for British Steel pensioners
The UK’s financial regulator said it was consulting on a redress scheme over the British Steel pension transfer scandal.
Wizz Air buys Norwegian's Gatwick slots
Budget airline Wizz Air on Wednesday said it had bought Norwegian Air’s slots at Britain’s Gatwick airport for an undisclosed sum.
Syncona sells Gyroscope to Novartis for up to $1.5bn
Syncona on Wednesday said it had sold its portfolio company Gyroscope Therapeutics Holdings to Novartis for up to $1. 5bn (£1. 1bn) on a cash and debt free basis.
AstraZeneca neuromuscular treatment gets US priority review
AstraZeneca on Tuesday said its neuromuscular treatment had been accepted for priority review in the US.
BHP gets approval to unify corporate structure
Mining giant BHP Group on Tuesday said it had received all regulatory approvals for the unification of its corporate structure.
Hiscox appoints Paul Cooper as CFO
International specialist insurer Hiscox said it had appointed Paul Cooper as group chief financial officer.
AstraZeneca-Amgen asthma drug gets US approval
The AstraZeneca-Amgen asthma drug Tezspire has been approved by the US Food and Drug Administration to treat of adult and paediatric patients aged 12 years and older, the two companies said on Monday.
AstraZeneca lupus treatment wins EU marketing approval
AstraZeneca's lupus treatment has received marketing authorisation by the European Union, the company said on Monday.
Qatar to invest £85m in Rolls-Royce nuclear reactor business
Rolls-Royce said Qatar has agreed to invest £85m in its nuclear reactor business in return for a 10% stake.
Aston Martin's Stroll spends £4.8m lifting stake in carmaker
Aston Martin Lagonda executive chairman Lawrence Stroll has spent almost £5m buying more shares in the luxury car maker.
Johnson Matthey sells health business for £325m
UK chemicals group Johnson Matthey has sold its health business to Altaris Capital Partners for £325m, the company said on Friday.
Philly Fed index slumps in December, but supply pressures ease
Manufacturing activity in the US mid-Atlantic region slowed sharply at the end of 2021, even as supply chain pressures eased.
Federal Reserve accelerates taper, doesn't commit to calendar for rate hikes
The Federal Reserve announced that it would taper its asset purchase programme more quickly, as expected, likely paving the way for interest rate hikes in 2022.
Natural gas prices drive US import costs higher in November
The cost of goods purchased from overseas increased more quickly than expected during the previous month, chiefly as a result of dearer natural gas prices.
Currys interim profits up, but warns of softer markets
UK electricals retailer Currys on Wednesday reported higher first-half profits but warned its market has been softer over recent weeks and it could face more headwinds from the Omicron Covid variant.
888 Holdings sells bingo business for $50m
Online gambling group 888 Holdings on Wednesday said it had sold its bingo businesses to the Broadway Gaming group for $50m on a cash-free debt-free basis, including a potential earnout of up to $4m.
US producer prices rise more quickly than expected in November
Producer prices rose more quickly than expected in November amid widespread gains the various categories of goods.