TORONTO, Sept 28- Canada's main stock index rose on Wednesday, led by the country's heavyweight bank shares, while BlackBerry Ltd rallied after announcing a strategic shift away from hardware. Some of the most influential movers on the index were the country's bank stocks, including Royal Bank of Canada, which rose 0.7 percent to C $81.34, and Toronto-Dominion...
TORONTO, Sept 28- BlackBerry Ltd will outsource the development and design of its smartphones, a product category it helped pioneer and popularize, as the Canadian company bets on software and managing rival devices, it said on Wednesday. The company signed a deal with Indonesia's BB Merah Putih to manufacture, distribute and promote its branded devices in that...
TORONTO, Sept 28- BlackBerry Ltd will outsource the development and design of its flagship smartphone, an industry it helped pioneer, as it bets its future on software and services, the Canadian technology company said on Wednesday. The company also said Chief Financial Officer James Yersh would leave effective Oct. 1 for personal reasons, with former Sybase...
Lennar reported higher-than-expected quarterly profit and revenue as it sold more homes at higher prices and the company said orders rose 8.1 percent.
Hanjin Shipping’s asset sales started last week, potentially setting off a fall in ship values worldwide amid a glut in the market.
QE and negative interest rates from central banks have helped support the economy, but it's time for governments to step up, BNP Paribas' chariman says.
Oracle forecast lower-than-expected profit as growth in its cloud-based business fails to make up for weakness in its traditional software offerings.
St. Jude Medical on Wednesday filed a lawsuit against short-selling firm Muddy Waters and cyber security company MedSec Holdings.
EOG Resources said it would buy Yates Petroleum for $2.5 billion, the latest move by a U.S. energy firm to acquire acreage in the Permian Basin.
Chinese internet search giant Baidu is eyeing Europe as a potential playground despite the uncertainty posed by Brexit and Apple’s tax troubles.
Seth Linden, president of Dukas Linden Public Relations, says the Brexit vote took many by surprise and U.S. firms should learn from this ahead of the presidential election.
Apple will likely end up paying less than the eye-popping $14.5 billion the EU says is owed to Ireland in back taxes, an analyst says.
Moody's is raising the red flag on the Chinese banking sector as small and mid-size banks increasingly rely on wholesale funding.
While non-performing loan ratios have crept up, recent results reflect a stabilization in asset deterioration, an analyst said.
Southeast Asia is bracing itself for its annual, uncomfortable tryst with haze from Indonesia.
Canberra’s rejection of the sale Ausgrid was the “correct decision” on grounds of national interests, a former Aussie DPM said.
Not all commodities will ride the wave of recovery into 2017; palm oil prices are set to buck the trend.
India's third-largest telecommunications company Idea Cellular is exploring a strategic deal with rival Vodafone India, CNBC-TV18 reported.
The new Tesla battery pack is unlikely to boost sales much, a Kelley Blue Book expert told CNBC.
Oil prices have rallied recently but exploration firm Oil Search wouldn’t be loosening its belts.