Fitch: * FITCH SAYS CHILEAN TELECOM INDUSTRY FACES 5G AND FIBER OPTIC INVESTMENT CHALLENGE. * FITCH, ON CHILEAN TELECOM INDUSTRY SAYS,MOBILE OPERATORS FACE CHALLENGE OF ASSUMING MORE INVESTMENT RELATED TO EXPANSION OF 5G & FIBER OPTIC NETWORK Source text for Eikon:
Canada's main stock index rose on Monday, led by gains in the energy and materials sectors as commodity prices rose, while investors awaited a policy announcement from the Bank of Canada later in the week. * At 9:32 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 49.81 points, or 0.23%, at 21,265.96.
* Markets await big earnings week. * UniCredit falls as MPS sale talks collapse. * Telecom sector down as Bofa bearish on Nokia, Ericsson. By Anisha Sircar and Ambar Warrick. European stocks closed flat on Monday, as gains in banks and commodity-linked sectors were offset by losses in industrial stocks on rising bond yields, and as the outlook for the telecom sector deteriorated.
Germany's economy is facing an uncomfortable autumn as supply chain bottlenecks take a toll on the industry and affect growth in the fourth quarter, Ifo economist Klaus Wohlrabe said on Monday. "The problems in the industry remain virulent," Wohlrabe said.
A financial industry group warned on Monday that Hong Kong's zero-COVID policy and strict quarantine requirements for international travellers threatens to undermine the city's status as a financial hub.
Canada said on Friday that U.S. proposals to create new electric vehicle tax credits for American-built vehicles could harm the North American auto industry and fall foul of trade agreements, according to a letter seen by Reuters.
The Canadian government on Friday warned that U.S. legislative proposals to create new electric vehicle tax credits for American-built vehicles could harm the North American auto industry and run afoul of trade agreements, according to a letter seen by Reuters.
Sri Lankan President Gotabaya Rajapaksa on Friday ordered frontline workers and tourism staff to be given a third booster shot of COVID-19 vaccine next month, part of a bid to reopen the travel industry and revive the economy.
The Czech crown fell to
a three-month-low on Friday as worries over the impact of the
chip shortage on the country's key car sector outweighed
expectations of more interest rate hikes, trimming ...
The "Made in Korea" green tracksuits and pink jumpsuits worn by characters in Netflix's (NFLX) global hit "Squid Game https://www.netflix.com/kr-en/title/81040344 " have proven a pre-Halloween bright spot for a South Korean garment industry struggling during the pandemic.
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