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End of an era: BlackBerry will stop making its own phones

blackberry

It’s the end of an era for BlackBerry. The company, famous for making cellphones with physical keyboards that were once so popular people nicknamed them Crackberries, has decided to stop making its own devices. BlackBerry said on Wednesday that it will rely on partners to manufacture the phones, which will still have BlackBerry’s look and feel. The company announced a ...

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Asia stocks wary, dollar slips before Fed Chair Yellen’s speech

A man looks at an electronic board showing the Japanese yen's exchange rate against Euro outside a brokerage in Tokyo, Japan, July 6, 2016. REUTERS/Issei Kato

Asian stocks were largely steady on Friday, with modest losses in some markets and gains in others reflecting nervousness before a keenly anticipated speech by U.S. Federal Reserve Chair Janet Yellen. European markets are also heading for a flat start, with financial spreadbetter CMC Markets expecting Britain’s FTSE 100 .FTSE and Germany’s DAX .GDAXI to open little changed, and France’s ...

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Asia stocks hold gains before Yellen speech, dollar firm

A man is reflected on a stock quotation board outside a brokerage in Tokyo, Japan July 11, 2016. REUTERS/Issei Kato/File Photo

Asian stocks edged higher on Thursday but clung to recent well-worn trading ranges while the dollar held firm against regional currencies ahead of a speech by Federal Reserve Chair Janet Yellen at a global central bankers’ meeting. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged 0.3 percent higher. It is down 1.6 percent after hitting a one-year high ...

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Asian stocks drop from one-year high, dollar rises on Fed rate comments

People are reflected in a screen displaying the Nikkei average outside a brokerage in Tokyo, Japan April 19, 2016.    REUTERS/Thomas Peter

Asian shares pulled back from a one-year high and the dollar strengthened on Wednesday, after an influential Federal Reserve official said interest rates could rise as soon as September. European markets are poised for slight gains, with financial spreadbetter CMC Markets predicting Britain’s FTSE 100 .FTSE and France’s CAC 40 .FCHI will open up about 0.1 percent higher, and Germany’s ...

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Asia:Investors cool on Hong Kong stock market link with ‘Wild West’ Shenzhen

A banner promoting Shenzhen-Hong Kong Stock Connect is displayed at the Hong Kong Exchanges in Hong Kong August 16, 2016. REUTERS/Bobby Yip

A plan to connect the giant stock markets of Shenzhen and Hong Kong offers global investors tempting access to China’s fast-growing tech sector, but high valuations and a reputation for wild speculation are likely to keep many buyers at bay, money managers said on Wednesday. China’s cabinet approved the long-awaited scheme on Tuesday, marking one of the country’s biggest capital ...

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Japan’s economic growth weaker than forecast

japan

Japan’s economy grew at a weaker-than-expected rate in the second quarter despite an aggressive spending policy by the government. Gross domestic product grew at an annualised rate of 0.2% in the three months to June, below market forecasts for 0.7% and a marked slowdown from the 2% rate in the first quarter. The figures come after the government launched a ...

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Delta Air Lines grounds flights

Delta_Air_Lines_Boeing_767-300ER_N183DN_PEK_2011-6-5

Delta Air Lines said early Monday that all of its departing flights have been grounded by a global computer system outage. “Our systems are down everywhere,” it tweeted in response to disgruntled customers. Delta (DAL), the world’s second largest airline, said the problem is a power outage at its Atlanta hub, starting at about 2:30 a.m. ET. “Large-scale cancellations are expected ...

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Pokemon Go creator wants more tie ups like McDonald’s Japan

A young man plays the augmented reality mobile game "Pokemon Go" by Nintendo at Puerta del Sol square in Madrid, Spain July 28, 2016. REUTERS/Sergio Perez

The creator of mobile gaming phenomenon Pokemon Go is exploring more sponsorships by companies that want to attract character-hunting players to their businesses, the chief executive of developer Niantic Labs said on Tuesday. Niantic is talking with several companies interested in partnerships similar to the deal that turned nearly 3,000 McDonald’s restaurants in Japan (2702.T) into stops for collecting virtual ...

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