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Fidelity Top Stories
28 Feb
kiev dl ukraine
Ukrainian delegation arrives in Belarus for talks, Kiev calls for immediate admission into EU

Ukraine's delegation to the negotiations with the Russian Federation in the Belarussian town of Gomel arrived mid-morning on Monday.

28 Feb
ferrexpo
Ferrexpo delays annual results due to Russian invasion of Ukraine

Russia-focused iron ore miner Ferrexpo said it was delaying publication of annual results due to the Russian invasion of Ukraine.

28 Feb
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AB Foods sees first-half sales 'strongly ahead' as Primark surges

Primark owner AB Foods said it expected half-year sales and adjusted operating profit to be strongly ahead of last year and higher than interims in pre-Covid in 2020, driven by the clothing retail chain.

25 Feb
moscow dl kremlin russia
Putin ready to send a delegation to Minsk for talks

Russian President Vladimir Putin is prepared to dispatch a delegation to Minsk for negotiations with their Ukrainian counterparts, following an overture in that regard from Ukrainian officials.

25 Feb
kiev dl ukraine
Kiev says it's open to talks, including on neutrality

A top Ukrainian official said that his country was ready for talks with the Russian Federation, including regarding the neutral status as referred to the North Atlantic Treaty Organisation.

25 Feb
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IAG sees return to profit in 2022 as capacity to hit 85%

British Airways owner IAG said it expected to return to profit in the second quarter despite a “significant” operating loss in the first quarter due to the Omicron Covid variant, seasonal slowdown and capacity rebuilding costs.

25 Feb
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UK car production slumps by 20% in January

UK car production slumped by a fifth in January as manufacturers were hit by parts shortages, a plant closure and alterations to new models, according to industry data released Friday.

25 Feb
iron ore pellets ferrexpo
Ferrexpo declares force majeure as Ukraine port exports suspended

Iron ore miner Ferrexpo said it had sent force majeure notices to some of its customers after suspending exports from the the port of Pivdennyi in southwest Ukraine after the unprovoked invasion by Russia.

25 Feb
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Frasers buys Studio Retail out of administration

Mike Ashley’s Frasers Group said it had bought digital retailer, Studio Retail out of administration, saving the troubled firm and 1,500 jobs.

24 Feb
kiev dl ukraine
Russian ground forces invade Ukraine after strikes overnight

Russia launched strikes across Ukraine overnight with an apparent focus on the country's military infrastructure as a precursor to land incursions that were now under way.

24 Feb
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Centrica profits surge amid rising gas prices

UK energy supplier Centrica on Thursday more than doubled annual profits driven by its North Sea oil and gas business amid surging commodity prices.

24 Feb
Ryanair, Wizz suspend Ukraine flights as Russia invades

Budget airlines Ryanair and Wizz have suspended flights between the UK and Ukraine after Russian troops invaded the east European country in the early hours of Thursday.

24 Feb
kitchen household howden joinery
Howden makes positive start to 2022 as FY profits rise

UK building material supplier Howden Joinery Group on Thursday said like-for-like revenue at its UK depots had risen 15. 6% in the new financial year to February 22 as it reported a rise in 2021 profits.

24 Feb
serco
Serco FY profits beat expectations

UK government outsourcing contractor Serco reported better-than-expected full-year profit on Thursday, driven by coronavirus-related contracts, and rebound in leisure and transport contracts.

23 Feb
kiev dl ukraine
Poll results for Ukrainians' support for Nato membership and non-aligned status are mixed

Do Ukrainians support joining Nato or would they rather that their country choose non-aligned status?.

23 Feb
Barclays logo
Barclays post record profit on economic recovery, bad debt release

Annual profits almost trebled at Britain’s Barclays Bank, boosted by economic recovery and the release of provisions for bad loans during the Covid pandemic.

23 Feb
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European airlines and staples have greatest sensitivity to escalation in Ukraine-Russia crisis, Deutsche says

The exposure of most European companies' sales and profits to Russia is "not material" but the same cannot be said of their sensitivity to higher energy costs.

23 Feb
moscow dl 2
Rabobank asks whether 'off ramp' in Ukraine-Russia crisis has been missed

Some strategists are asking themselves whether an 'off ramp' from the current crisis has been missed following recent developments around Ukraine, especially Moscow's decision to recognise the entire territorial claims of Ukraine's breakaway regions.

23 Feb
rio tinto
Rio Tinto pays out huge dividend as profits surge

Anglo-Australian miner Rio Tinto declared a massive final dividend as profits surged on the back of rising commodities prices.

22 Feb
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IHG reinstates dividend as FY profit soars on travel rebound

InterContinental Hotels Group reinstated its dividend as annual profits more than doubled on the back of a strong final quarter in the US and China driven by economic recovery after the Covid pandemic.