Sectors News Results

  • Brazil Retail Sales Fell Slightly in November as Consumers Cut Back

    SÃO PAULO--Brazil retail sales fell slightly in November as shoppers spent less at supermarkets and hypermarkets and cut back on purchases of new furniture and home appliances. Sales fell a seasonally adjusted 0.1% in the month, the first decline in seven months, and rose 3.4% from a year earlier, the Brazilian Institute of Geography and Statistics, or IBGE said Thursday. In October, sales climbed a revised 0.8% in the month and rose a revised 8.4% from a year earlier.

  • PC Sales Notch Strongest Growth in a Decade

    Personal computer sales last year registered their strongest growth in a decade, underscoring a shift to computers from mobile devices during the coronavirus pandemic, according to industry data. "Demand is pushing the PC market forward and all signs indicate this surge still has a way to go," Ryan Reith, program vice president with International Data Corp.' s Worldwide Mobile Device Trackers, said in a statement. Overall, IDC counted 302.6 million units sold last year, up 13% from...

  • Conference Board's Employment Trends Index Largely Unchanged in December

    An index measuring employment trends in the U.S. remained broadly unchanged in December, signaling the job market recovery seen in the last seven months halted, data from the Conference Board showed Monday. The Conference Board Employment Trends Index came in at 99.01 in December, marginally down compared with a revised 99.05 for November. Until December, the Employment Trends Index had risen uninterruptedly since May, but it remains far from recovering pre-pandemic levels.

  • Total Acquires Fonroche Biogaz

    Total SE (TOT) said Monday that it has acquired French company Fonroche Biogaz for un undisclosed sum, marking a step in the development of its renewable gas market. Fonroche Biogaz designs, builds and operates anaerobic-digestion units in France. Tne company has industrial and technological expertise across the whole renewable gas value chain and an installed capacity of close to 500 gigawatt hours, Total said.

  • Zambia Eyes Bigger Role in Running Copper Mines

    Zambia's government aims for more of its copper and cobalt mines to be run by indigenous people and locally-owned companies, President Edgar Lungu said Friday. Over the years, Zambia, Africa's second copper and cobalt producer has developed the capacity to run its mining industry in an "effective and efficient manner", Mr. Lungu said during a tour of Vedanta Resources' unit in Zambia's Copperbelt province.

  • U.S. Services Sector Activity Quickens in December, Beating Expectations -- ISM

    U.S. services sector activity continued to expand in December at a faster pace than in the previous month, despite the rise in Covid-19 cases and restrictions to contain the spread of the disease across the country. The ISM Services Report on Business PMI for December increased to 57.2 from the 55.9 in November. Economists polled by The Wall Street Journal expected the reading to decline to 54.5.

  • Londoners Searching for More Space During Covid Are Buying Up English Manors

    The pandemic is having an unexpected side effect. Suddenly, Britons are eager for the space and grandeur of a country manor house. They are breathing life into Britain's prime country house real-estate market after a malaise in that sector that has lasted for more than a decade.

  • NYSE Will Again Delist Three Chinese Telecom Stocks -- 4th Update

    The New York Stock Exchange will move forward with delisting three Chinese telecommunications companies targeted by an executive order from President Trump, reversing course yet again after the NYSE said earlier this week that it wouldn't delist them. The NYSE said Wednesday that trading of the U.S.-listed shares of China Mobile Ltd. (CHL), China Telecom Corp. and China Unicom Ltd. would be suspended at 4 a.m. Trump's order seeks to ban trading in securities of companies that the...

  • NYSE Will Again Delist Three Chinese Telecom Stocks -- 3rdd Update

    The New York Stock Exchange will move forward with delisting three Chinese telecommunications companies targeted by an executive order from President Trump, reversing course yet again after the NYSE said earlier this week that it wouldn't delist them. The NYSE said Wednesday that trading of the U.S.-listed shares of China Mobile Ltd. (CHL), China Telecom Corp. and China Unicom Ltd. would be suspended at 4 a.m. Trump's order seeks to ban trading in securities of companies that the...

  • Dow Rallies, Tech Stocks Slip as Democrats Lead in Georgia Elections

    The Dow rose, while U.S. technology stocks slipped Wednesday as investors bet that the Democrats were poised to take control of the Senate following early results from Georgia's runoff elections. The tech-heavy Nasdaq Composite edged down 0.2% shortly after the opening bell on expectations that a Democrat- controlled Congress would lead to higher taxes and tighter regulations on tech giants. The Dow Jones Industrial Average, in contrast, rose 1.1%, or roughly 325 points, and the...

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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.