Sectors News Results

  • Brazil's PSDB picks Sao Paulo Gov. Alckmin to lead it into 2018 race

    The centrist Brazilian Social Democracy Party, or PSDB, elected four-time Sao Paulo Governor Geraldo Alckmin as its leader on Saturday, making him its most likely presidential nominee in next year's elections. Alckmin threw the party's weight behind a social security overhaul that is currently before Congress and would cut generous pensions for public-sector employees.

  • Canada Housing Starts Surge on Condo Demand -- Update

    OTTAWA-- Canadian housing starts unexpectedly surged in November to their highest level in almost 10 years, fueled by the construction of multifamily dwellings in the Toronto area. The upturn in Toronto reflects greater demand for condominiums and townhouses as the steep cost to buy a single- family detached home in Canada's largest urban center has left prospective buyers-- whether younger people or newly- arrived immigrants-- to turn to cheaper options. Housing starts climbed...

  • City of London sticks to Brexit plans despite progress

    London's financial industry welcomed progress on a divorce deal with the European Union on Friday but said it saw little reason to alter preparations for when Britain leaves the EU. The agreement on Friday paves the way for arduous trade talks, easing immediate pressure on Prime Minister Theresa May and boosting hopes of an orderly Brexit.

  • Russia Otkritie bailout may require more funds in 2018

    The Russian central bank said on Friday its rescue plan for the once largest private lender Otkritie may require more funds next year, only a day after it increased its previous estimate. Russia's banking sector is under pressure as the central bank has taken over two major private lenders, Otkritie and B&N, in less than a month.

  • CANADA STOCKS-TSX rises with energy stocks; Kinder Morgan Canada jumps

    Canada's main stock index rose on Friday, boosted by broad gains for energy stocks as oil prices moved higher, and as pipeline operator Kinder Morgan Canada Ltd jumped following a favorable regulator ruling. The Toronto Stock Exchange's S&P/TSX composite index was up 62.77 points, or 0.39 percent, at 16,078.45 shortly after the open.

  • FT Portfolios Canada Co. Announces Launch of Hedged Units of Certain U.S. Sector ETFs

    12/08/17 -- FT Portfolios Canada Co., the manager of First Trust AlphaDEX™ U.S. Consumer Staples Sector Index ETF, First Trust AlphaDEX™ U.S. Industrials Sector Index ETF, First Trust AlphaDEX™ U.S. Technology Sector Index ETF and First Trust AlphaDEX™ U.S. Health Care Sector Index ETF is pleased to announce the launch of hedged units of each of the First Trust ETFs.

  • Canada housing starts surge unexpectedly on Toronto condo boom

    Canadian housing starts surged unexpectedly in November, driving a six-month trend to its highest point in almost 10 years, amid a continued condominium-building boom in Toronto, data from the Canada Mortgage and Housing Corporation showed on Friday. The seasonally adjusted annual rate of starts rose to 252,184 in November from October's downwardly revised 222,695.

  • Canada Q3 industrial capacity rises for fifth consecutive quarter

    Canada's industrial capacity rose in the third quarter for a fifth straight quarter as gains in the construction sector offset lower extraction volumes in the oil and gas industry, data from Statistics Canada showed on Friday. Capacity utilization rose to 85.0 percent, marking a 10-year high and in line with forecasts after the second quarter was downwardly revised to 84.3 percent.

  • Canada housing starts surge in November - CMHC

    Canadian housing starts rose sharply in November, as both single and multiple urban starts climbed, data from the Canada Mortgage and Housing Corporation showed on Friday. The seasonally adjusted annual rate of starts rose to 252,184 in November from October's downwardly revised 222,695.

  • SafeDNS Creates New Paradigm of Wi-Fi Security

    Following its vision SafeDNS has been working for years on a range of solutions for the Wi-Fi industry. Now much internet traffic goes via Wi-Fi and this is an upward trend. They are stuck in an internet security paradigm of 30 years ago. Let us explain exactly what is wrong with Wi-Fi security.

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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.