All News Results

  • LONDON MARKETS: FTSE 100's Lower Close Seen As 'a Pause For Last Week's Global Rebound'

    By Carla Mozee and Victor Reklaitis, MarketWatch. Analyst:' Equities are a shade offside to start the new week'. U.K.' s blue-chip stocks finished in the red Monday after last week's strong performance, with losses for consumer- goods heavyweight Reckitt Benckiser Group PLC pressuring the London market's benchmark.

  • EUROPE MARKETS: European Stocks End Day With Losses, Driven Lower By Daimler And Reckitt Benckiser

    By Carla Mozee and Victor Reklaitis, MarketWatch. Reckitt Benckiser's results disappoint; Daimler down on emissions report. European stocks closed lower Monday, dragged down in part by falls for consumer products heavyweight Reckitt Benckiser Group PLC and German automobile maker Daimler AG.

  • Spain's Finance Chief Set to Secure ECB's No. 2 Post -- Update

    BRUSSELS-- Spain's finance minister looks set to secure the No. 2 position at the European Central Bank after his only rival for the post withdrew, opening the door for something many Germans have long wanted: one of their countrymen leading the ECB. Luis de Guindos was Monday expected to be nominated by eurozone finance ministers as the next ECB vice president after Ireland withdrew its nomination of Philip Lane, the governor of the Irish central bank. That in turn could make room for...

  • ECB Freezes All Payments by Latvia Bank Amid U.S. Probe -- 3rd Update

    The European Central Bank has frozen all payments by a Latvian bank, following accusations by the U.S. administration that the small bank laundered billions in illicit funds, including for companies connected to North Korea's banned ballistic-missile program. The ECB--which supervises the Latvian lender, ABLV Bank, directly from Frankfurt--said it had imposed the moratorium following "a sharp deterioration of the bank's financial position" since the U.S. proposed...

  • Reinsurers Hit by Catastrophe Losses, Rising Competition

    One morning last September, Dwayne Elgin unbolted the front door of his home on the island of St. Martin and gazed upon a wasteland of flipped cars, uprooted trees and flattened homes. Irma, the strongest Atlantic hurricane on record, had laid waste to the Caribbean island overnight, and as head of Nagico Insurances, a local insurance firm, Mr.

  • ECB Freezes All Payments by Latvia Bank Amid U.S. Probe -- 2nd Update

    The European Central Bank has frozen all payments by a Latvian bank, following accusations by the U.S. administration that the small bank laundered billions in illicit funds, including for companies connected to North Korea's banned ballistic-missile program. The ECB-- which supervises the Latvian lender, ABLV Bank, directly from Frankfurt-- said it had imposed the moratorium following "a sharp deterioration of the bank's financial position" since the U.S. proposed sanctioning...

  • Companies Pay Workers to Get Savvier With Money

    A growing number of companies are paying employees to get their financial lives in order, reflecting concern over the impact money problems are having on employees' stress and productivity levels. Aetna Inc. (AET), Pitt Ohio LLC, SunTrust Banks Inc. (STI) and others are handing out cash and other inducements to workers who take steps to shore up their finances by reducing debt, funding emergency-savings accounts, and attending financial- education classes and meetings with advisers.

  • Oil Buoyed by Weaker Dollar and Stronger Equities

    LONDON--Oil prices continued to recover some losses Monday morning on the back of renewed strength in global equity markets, a weak dollar and continued commitment by OPEC and its partners to hold back crude production. Brent crude, the global benchmark, was up 0.57% at $65.21 a barrel on London's Intercontinental Exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up by 0.89% at $62.23 a barrel.

  • Stronger European Earnings Augur More M&A, Higher Dividends

    European companies are reporting higher revenues and profits as the continent benefits from the fastest pace of economic growth in a decade, prompting corporate executives to increasingly mull deal making and raise dividend payouts. As of Friday more than half of the 294 companies in the Stoxx Europe 600 index that have reported quarterly results beat analysts' earnings expectations, according to JPMorgan Chase& Co. This is roughly in line with the prior reporting period and...

  • World's Biggest Miners Emerge From Their Hole in a $200 Billion Comeback

    By Alexandra Wexler in Cape Town, Scott Patterson in London and Rhiannon Hoyle in Sydney. The world's biggest mining companies are again poised to shower investors with billions of dollars and make deals, a turnaround fueled by the global economy's renewed appetite for raw materials and by the burgeoning electric-vehicle market. Four of the world's top publicly listed miners-- BHP Billiton Ltd. (BHP), Rio Tinto PLC (RIO), Glencore PLC (GLCNF) and Anglo American PLC-- have rebounded after plummeting...

Search News

Filter Results

Publication Date
Topic
Provider

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.