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Tag Archives: sector

Australia vows to clean up the financial sector after a groundbreaking investigation into misconduct

CANBERRA (Reuters) – Australia's corporate supervisors will be subject to a new regulator to shake up the banking sector, which is recommended by an independent independent investigation of greed and malpractice in the financial sector. A copy of the Financial Sector Investigation Report is to be seen at a press conference held on February 4, 2019, by Australian Treasurer Josh …

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US asks allies to shun Huawei's equipment, reports WSJ; Sector shares fall

(Reuters) – The US government is trying to encourage mobile and Internet providers in Allied countries to avoid telecommunications equipment from China's Huawei Technologies [HWT.UL]the Wall Street Journal reported Thursday. FILE PHOTO – People pass a sign from Huawei at the CES (Consumer Electronics Show) Asia 2018 in Shanghai, China, June 14, 2018. REUTERS / Aly Song / File Photo …

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China's service sector has been slowest for 13 months: Caixin survey

China's service sector recorded its weakest growth in more than a year last month as new orders faded. This was a private survey suggesting a further loss of economic momentum, with an approximate 2018 coming to an end. The slowdown in the services sector – which accounts for more than half of China's economy and is a major driver of …

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Cannabis stocks mixed to Coca-Cola have no plans for the sector

Cannabis shares lost some of their early gains Tuesday after Coca-Cola Co. CEO said the beverage giant has no plans for the sector, disappointing hopes that global beverage companies would be willing to sacrifice their capital and marketing power Market to bring burgeoning industry. Coca-Cola KO, + 1.74% said last month that they are targeting the cannabis sector, specifically the …

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AMD's poor outlook, crypto-chip slowdown, fuels powerlessness in the semiconductor sector

Chip maker Advanced Micro Devices Inc. mingled Wednesday with news that there's a flood of graphics chips that are no longer hot commodities among cryptocurrency miners. On Wednesday, AMD AMD, -9.17% AMD, -9.17% reported a slight third-quarter revenue and a weak fourth-quarter outlook, leading to a decrease in revenue recent shares of over 25%. in the after-hour trade. The news …

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Marijuana stocks fall into the worst 5-session period for the sector

Marijuana stocks suffered broad and heavy losses on Monday and were on their way to their worst five-session skid in more than eight months as full legalization in Canada dwarfed the sector despite early signs of strong demand Has. The exchange-traded fund ETFMG Alternative Harvest MJ, -9.15% fell 9.4% in afternoon trade, with 28 out of 37 components lost ground …

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