Fidelity Top Stories
Polymetal sees no impact from Russia sanctions, plans to pay dividend
Polymetal said there had been no disruption to its operations in Russia and Kazakhstan despite sanctions imposed on Russia after its invasion of Ukraine.
Prudential profits beat expectations, sees Ukraine risks
Asia-focused insurer Prudential on Wednesday reported a rise in annual operating profit driven by new business amid the Covid pandemic.
Biffa sees FY in line as revenues surge
Waste management company Biffa said annual underlying earnings were expected to be in line with guidance as revenues for the first 11 months of the financial year rose by a third.
Evraz sees no impact from Russia sanctions
Miner Evraz on Wednesday said it had not been affected by international sanctions imposed on Russia after its invasion of Ukraine.
Biden may be set to announce a ban on imports of Russian oil
There was growing speculation that the Biden administration would announce a ban on imports of Russian crude oil as soon as Tuesday.
BoA anticipates months of uncertainty, but worse scenarios possible
Strategists at Bank of America forecast "months" of uncertainty, tough sanctions and high energy prices as a result of the Russian invasion of Ukraine.
Blackrock stops Russia investments after criticism on Polymetal
Asset manager Blackrock has stopped buying shares in Russian companies after criticism of its response to the Ukraine invasion and its decision to top up an investment in Russia goldminer Polymetal.
Greggs warns cost headwinds will hit profit growth
High street baker Greggs said significant inflationary headwinds would hit profit growth this year as it faced higher costs for raw materials, energy and labour.
Capricorn Energy swings to profit, sees shareholder returns in Q2
Capricorn Energy swung to an annual profit, boosted by the resolution of its tax dispute with the Indian government and said it hoped to return the refund to shareholders in the second quarter.
Domino's unveils £46m buyback as FY profits rise
Domino's Pizza Group on Tuesday unveiled a £46m share buyback as it posted higher annual profit driven by a surge in post-lockdown sales.
Russian and Ukrainian foreign ministers to meet in Turkey
The foreign ministers of the Russian Federation and Ukraine will meet in Turkey.
Russia will declare ceasefire if Kyiv recognises Crimea as Russian, independence of Donetsk and Luhansk
Russia will declare an immediate ceasefire if Ukraine recognises Crimea as Russian territory and the breakaway regions in the country's east, Donetsk and Luhansk, as independent states.
Spectris pulls £1.7bn bid for Oxford Instruments, citing Ukraine war
Spectris has pulled its £1. 7bn bid for Oxford Instruments, citing global market uncertainties caused by the “deplorable” events in Ukraine after the Russian invasion.
UK competition regulator probing Mitie over govt contract
Britain's competition regulator has launched a probe into government contractor Mitie Group over possible law breaches involving contracts for immigrant removal centres.
Darktrace shares soar as guidance lifted again on strong customer numbers
Cybersecurity company Darktrace on Thursday raised annual guidance again after a strong rise in customer numbers in the first half of its fiscal year as firms looked to shield themselves from cyber attacks.
Admiral profits rise, but shares fall on loss at intl business
Admiral reported a rise in 2021 profits driven by its motor insurance business and the release of reserves set aside for claims during the Covid pandemic, but reported a loss at its international insurance business.
888 Holdings wins Ontario gaming licence
Online gambling firm 888 said it has been awarded an iGaming licence by the Alcohol and Gaming Commission of Ontario, Canada.
Mondi profits rise despite inflation, monitoring Ukraine conflict
Paper and packaging maker Mondi on Thursday reported a rise in annual profits driven by higher sales volumes and selling prices, despite inflationary cost pressures.
Fed's Powell says first interest rate hike likely at March meeting
The US central bank will likely go ahead and begin to tighten policy when it next meets, despite the "high uncertainty" around the war in Ukraine.
Oil prices surge as supply fears mount
Oil prices hit fresh highs on Wednesday, as the economic sanctions imposed on Russia started to bite and markets grew increasingly concerned about depleted supplies.