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US STOCKS-Nasdaq slumps as high-flying tech stocks retreat - Vimarsana News

US STOCKS-Nasdaq slumps as high-flying tech stocks retreat

* U.S. private payrolls rise less than expected in Feb * Financials and energy among rising sectors * Indexes: Dow +0.17%, S&P 500 -0.69%, Nasdaq -2.10% March 3 (Reuters) - The Nasdaq fell sharply on Wednesday as investors sold high-flying technology shares and pivoted to sectors viewed as more likely to benefit from an economic recovery on the back of fiscal stimulus and vaccination programs. Microsoft Corp, Apple Inc and Amazon.com Inc dropped more than 1% each, weighing more than any other stocks on the S&P 500. Energy, financial and industrial stocks gained between 0.8% and almost 3%. The...

RPT-UPDATE 4-Halliburton points to oil industry recovery after profit beat - Vimarsana News

RPT-UPDATE 4-Halliburton points to oil industry recovery after profit beat

(Repeats to add graphic with no change to text) Jan 19 (Reuters) - Halliburton Co on Tuesday predicted a recovery in the global oil and gas industry from the second quarter after the oilfield services provider beat profit estimates on cost cuts and modest gains in activity following last year’s slump. Crude oil prices are holding to gains from a rebound in late-2020 from a coronavirus-induced slump, with Brent crude hovering around $55 per barrel on Tuesday after averaging around $45 in the last three months of 2020. This has encouraged producers to complete more wells and add rigs. North A...

EXCLUSIVE-Trump admin slams China's Huawei, halting shipments from Intel, others -sources - Vimarsana News

EXCLUSIVE-Trump admin slams China's Huawei, halting shipments from Intel, others -sources

The Trump administration notified Huawei suppliers, including chipmaker Intel, that it is revoking certain licenses to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications firm, people familiar with the matter told...

UPDATE 2-Telecom Italia to issue 8-year green bond for up to 1 bln euros - source - Vimarsana News

UPDATE 2-Telecom Italia to issue 8-year green bond for up to 1 bln euros - source

Telecom Italia (TIM) raised 1 billion euros ($1.2 billion) with its first green bond, one of the lead managers said on Monday, as Italy's biggest phone group strives to upgrade its networks.

UPDATE 1-Telecom Italia to issue 8-year green bond for up to 1 bln euros - source - Vimarsana News

UPDATE 1-Telecom Italia to issue 8-year green bond for up to 1 bln euros - source

Telecom Italia (TIM) raised 1 billion euros ($1.2 billion) with its first green bond, one of the lead managers said on Monday, as Italy's biggest phone group strives to upgrade its networks.