Fidelity Top Stories
Richmond Fed's Barkin tells WSJ that March rate hike is "conceivable"
A top US central bank official told the Wall Street Journal that an interest rate increase was "conceivable" at the Federal Reserve's March policy meeting.
UK house building shares hit as govt seeks £4bn for cladding removal
UK housebuilding stocks fell on Monday after the government ordered them to pay £4bn in cladding removal costs in the wake of the 2017 Grenfell apartment tower fire that killed 72 people.
Hikma launches new US injectables unit
Hikma Pharmaceuticals on Monday said it was expanding its injectables business with the launch of a new outsourced sterile compounding business in the US.
Eurozone inflation hits new record at 5% as ECB comes under pressure
Eurozone inflation rose unexpectedly in December driven by surging energy prices and putting the European Central Bank under more pressure to act.
Shell to proceed with share buyback 'at pace' despite weaker oil performance
Royal Dutch Shell said its $7bn share buyback programme would continue "at pace" despite weaker oil product sales due to the Omicron Covid variant and forex headwinds in Turkey.
Aston Martin dealer sales up 82%
Aston Martin on Friday said sales to dealers surged 82% in 2021 on the back of sales of its DBX sports utility model.
Next lifts profits guidance again but warns on higher prices, wages
UK clothing retailer Next once again lifted full year profits guidance and announced a special dividend after Christmas sales exceeded expectations, but warned of higher prices to come and wage inflation.
Tesco wins as supermarkets back in favour over Xmas - Kantar
UK supermarkets became popular once again as sales their highest level since March 2020 over Christmas with Tesco emerging as the main beneficiary.
Playtech, JKO ask Takeover Panel for more time on potential bid
Gambling software maker Playtech and potential bidder JKO have asked Britain’s Takeover Panel for more time to declare plans on any takeover offer.
OPEC+ raises oil output by 0.4m b/d, as expected
The Organisation of Petroleum Exporting Countries and its main allies went ahead and raised their combined output target as planned.