Toronto - BlackBerry's plan to retreat from the consumer market in favour of its traditional strength serving businesses and governments is widely seen as a desperate move that industry watchers warn ...
Toronto - BlackBerry launched its new Z30 flagship smartphone on Wednesday, as it battles to win back market share despite uncertainty around its future.Once a pioneer in the smartphone arena, BlackBe...
London - Four men have appeared in court over an alleged attempt to take control of computers at a Santander bank branch to steal millions of pounds.They were charged with conspiracy to steal after an...
Though everyone thought we were decades away from this, Japanese automaker Toyota plans to unveil its first-ever commercially produced hydrogen fuel cell car in January in Las Vegas, and it will hit t...
Apple has unveiled two new iPhones: the 5S, which has a significantly faster processor and an extremely cool feature in the fingerprint sensor, and the budget 5C version.These are the phones the compa...
Berlin - Samsung has unveiled a highly anticipated digital wristwatch at least weeks ahead of a similar product expected from rival Apple. The so-called smartwatch is what some technology analysts bel...
Microsoft has agreed a deal to buy Nokia's mobile phone business for 5.4bn euros ($7.2bn; £4.6bn).Nokia will also license its patents and mapping services to Microsoft. Nokia shares jumped 45% on new...
LONDON - Mobile phone giant Vodafone said on Thursday that it is in talks with US telecoms operator Verizon on a possible sale of its stake in Verizon Wireless said to be worth more than $100 billion....
FRANKFURT - The European Central Bank is unlikely to keep its interest rates low for years, the head of the German Bundesbak said on Monday, but warned that the eurozone crisis is far from over."My as...
Steve Ballmer has been CEO of Microsoft MSFT +8.18% since taking over from Bill Gates in January 2000, but his long tenure is drawing to a close.The tech giant said Friday that Ballmer has decided to ...
NEW YORK - Moody's has warned that it could cut the credit ratings of the six biggest US banks, saying the federal government may be less likely to bail them out if they got into trouble in the future...
The U.K. banking regulator says it has reached a deal with 13 major banks and credit card issuers to compensate customers who were mis-sold credit card protection.The bill could be up to £1.3 billion...
London-Greece will need additional financial support from its European partners on top of existing bailouts worth 240 billion euros, a senior German politician said Tuesday.Speaking during an electi...
Los Angeles-Tesla Motors Inc (TSLA), the electric-car maker led by billionaire Elon Musk, said its flagship Model S sedan received the highest crash test ratings of any car tested by U.S. regulators.T...
New York - Apple is to unveil its next iPhone on 10 September, according to The Wall Street Journal blog AllThings D.The blog cited unnamed sources for its report. An Apple representative declined to...
New York - Struggling smartphone maker BlackBerry said Monday it is examining "strategic alternatives," including the possibility of selling off the firm.The Canadian firm said it had formed a committ...
FRANKFURT - Professional forecasters surveyed by the European Central Bank have again cut their eurozone growth forecasts for this year and next year, the ECB said yesterday. According to the ECB's q...
New York-US regulators have told BP to respond to allegations of natural gas market manipulation and threatened the firm with fines of close to $29m (£19m).BP has 30 days to respond, but said the all...
London-HSBC Holdings Plc (HSBA), Europe's biggest bank, slid in London and Hong Kong trading after profit missed analysts' estimates and Chief Executive Officer Stuart Gulliver said fast-growing emerg...
BERLIN - Germany's flag carrier Lufthansa says it has no immediate plans to reintroduce flights to Harare despite renewed interest and comebacks by other major airlines in recent times, a company spok...
LONDON - Standard Chartered lagged behind a rising London market yesterday as emerging markets uncertainty led Morgan Stanley to turn cautious. The broker cut Chartered to “neutral” ahead of inter...
The US electricity market's overseer has slapped Barclays with a record $470m penalty over manipulating power prices, in the latest heavy regulatory sanction against the UK bank. The Federal Energy Re...
Standard Chartered was a faller yesterday as a move by India to tighten liquidity raised concerns about the strength of its loan book. Chartered lost 2.8 per cent to £15.04 after the Reserve Bank of...
The bank that blazed a trail across African borders to build the continent's most geographically diverse network is in the throes of a bitter boardroom battle over outstanding debts owed by businesse...
Washington -Tablet prices are plunging amid a flood of new devices and cutthroat competition for market share.Amazon has slashed prices of its Kindle HD tablets to as low as $169 (R1 673) in the US a...