sharecast

{{ storiesRelated.title }}

Fidelity Top Stories
15 Aug
dl shopping supermarket groceries high street high st footfall retail retailer spending consumer lidl pb
UK food price inflation falls for fifth month in a row - Kantar

UK food price inflation fell for the fifth month in a row in the four weeks to August 6 providing some hope that the eye-watering cost of a grocery shop will start to ease for consumers, according to data published by market research group Kantar.

15 Aug
dl china asia shopping street markets yuan renminbi pb
China suspends youth jobs figures as data misses estimates

China's economic woes continued last month, as a deluge of data missed estimates and the country's statistics bureau controversially suspended publication of youth unemployment figures.

15 Aug
BoE under pressure as UK wages growth hits record high, unemployment up

UK wages growth in the three months to June leapt to its highest rate since records began while the unemployment rate also rose unexpectedly, according to official data released on Tuesday, putting more pressure on the beleaguered Bank of England to lift interest rates again in its fight to quell inflation.

15 Aug
Japan Q2 GDP growth beats expectations

Japan’s economy expanded for the third quarter in a row driven by growth in exports on the back of a weak yen, according to provisional data published on Tuesday.

15 Aug
dl china yuan renminbi cny cash peoples republic of china prc peoples bank of china pboc cash interest rates eric prouzet unsplash
China makes surprise cut to rates as economy falters

The People’s Bank of China made a surprise cut to interest rates on Tuesday as it looked to stimulate economic demand amid a sputtering recovery.

09 Aug
dl hsbc holdings bank banking financial services group finance hong kong and shanghai banking corporation logo pd
China slips into deflation in July

The cost of living in the People's Republic of China fell by a tad less than expected last month.

08 Aug
italy dl st peter at vatican city
Italy hits banks with windfall tax

A surprise 40% windfall tax has been levied on Italian bank profits to help households and small businesses struggling with the cost of living, the government has announced.

08 Aug
glencore, mining, commodities, metals, mine, smelter
Glencore profits halve on weaker commodity prices

Mining giant Glencore saw earnings halve in the first six months of the year on weaker commodity prices, which had surged in response to Russia's unprovoked invasion of Ukraine last year.

08 Aug
Beazley shares on the rise as Berenberg lifts target price

Shares in non-life insurance firm Beazley gained on Tuesday after broker Berenberg raised its target price, saying that the stock’s recent underperformance “confounds reality”.

08 Aug
travel hotels kimpton intercontinental ihg
China travel rebound helps IHG interim profits rise 62%

Hotels operator IHG on Tuesday reported a sharp jump in half-year profit as the travel sector continued to rebound from the Covid pandemic.

08 Aug
dl london shopping crowd street retail footfall shops oxford street commuters pedestrians pb
Wet weather, inflation hit July UK retail sales - BRC

Heavy rain and high inflation hit UK retail sales in July, forcing firms to cut prices, a survey showed on Tuesday.

08 Aug
china factory workers manufacturing chinese
China trade slumps more than expected in July

China’s imports and exports slumped further than expected last month, official data showed on Tuesday, reflecting a stagnating recovery in the world's second-largest economy and increasing pressure on Beijing to provide more stimulus.

04 Aug
dl germany industry manufacturing production economy producer prices rhine herne canal cargo factory smoke stack pb
German factory orders rise unexpectedly in June

German industrial orders rose unexpectedly in June - defying expectations of a fall - as large-scale orders provided a boost.

04 Aug
oil rig workers drilling offshore
US July non-farm payrolls rise by lower-than-expected 187,000

The US economy added fewer new jobs than expected last month, with official data showing non-farm payroll rose by 187,000 in July, below forecasts of an increase of 200,000.

04 Aug
dl residential construction, helsinki, finland
Eurozone July construction activity contracts sharply - PMI

Construction activity in the eurozone entered a "sharp and accelerated decline" last month according to key survey data released on Friday.

04 Aug
Capita shares slump as £25m cyber attack cost hits profits

Shares in UK government contractor Capita plunged on Friday after it posted a loss for the half-year, including taking a hit of up to £25m from a cyber attack on its computer systems.

03 Aug
Next lifts FY guidance after strong rise in Q2 full-price sales

UK fashion retailer Next raised annual profit forecasts on Thursday after strong second-quarter full-price sales and better-than-expected clearances of summer stock.

03 Aug
Eurozone July business activity fell faster than estimates - PMI

Eurozone business activity stagnated more than initial estimates last month as the services sector also slowed along with the already-troubled manufacturing industry, a survey showed on Thursday.

03 Aug
dl wilko, kings mall, hammersmith 02
Wilko to call in administrators with 12,000 jobs at risk

UK retailer Wilko on Thursday said it planned to call in administrators as it neared collapse, putting more than 12,000 jobs at risk, amid anaemic consumer demand and high costs.

03 Aug
us dollar dl usa bonds
US services sector activity slows slightly in July, ISM says

Activity in US services slowed modestly last month, the results of a closely followed survey revealed.