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GLOBAL

Fear spreads easily. That's what gives the Wuhan coronavirus economic impact

One way to count the cost of the Wuhan coronavirus is by how many people catch it, and then how many die. Another is the direct financial costs of public health measures to treat those infected and contain its spread...

By Ilan Noy 30 Jan 2020

GLOBAL

How CEOs, experts and philosophers see the world's biggest risks differently

We live in a world threatened by numerous existential risks that no country or organisation can resolve alone, such as climate change, extreme weather and the coronavirus...

By Christopher Michaelson 28 Jan 2020

GLOBAL

Coronavirus does not look like a 'black swan' event - here are some reasons to be cautiously optimistic

The alarm is sounding again. The Asia financial markets were reasonably calm about the new coronavirus until the news of the lockdown of the whole city of Wuhan in China on 23 January...

By Zheng Wang 27 Jan 2020

GLOBAL

US is more relaxed about oil spike than Europe - which helps explain differences over Iran

Oil prices shot up following the US assassination of Iranian general Qassem Soleimani, rising more than $5 per barrel to more than $71 (£54) on January 6, its highest level since the Saudi oil refinery attack last September...

By Mueid Al Raee 15 Jan 2020

GLOBAL

Facebook's Libra has staggering potential - state control of money could end

The UN recognises 180 currencies worldwide as legal tender, all of them issued by nation states. It does not recognise cryptocurrencies like Bitcoin in this way, even if communities of enthusiasts have been treating them as a means of exchange for over a decade now...

By Gavin Brown 27 Jun 2019

CANADA

Adultery website flirts with British stock market

TORONTO, CANADA: A website devoted to adultery is out to woo investors with a public offering of stock in Britain...

17 Apr 2015

CANADA

BlackBerry buys Secusmart

OTTAWA, CANADA: Loss-making Canadian smartphone manufacturer, BlackBerry has bought German voice and data encryption and anti-eavesdropping firm Secusmart. Secusmart's customers include NATO, German Chancellor Angela Merkel and entire government.

31 Jul 2014

CANADA

BlackBerry makes a small profit

MONTREAL, CANADA: Canadian smartphone company BlackBerry, under new leadership, announced a small profit in a surprising turnaround despite a huge drop in revenues.

20 Jun 2014

CANADA

BlackBerry sells Canadian properties for Can$305m

OTTAWA, CANADA: Smartphone manufacturer BlackBerry has sold most of its Canadian properties to San Francisco-based real estate investment firm Spear Street, for Can$305m (US$278m).

6 May 2014

CANADA

BlackBerry still bleeding with US423m loss

MONTREAL, CANADA: The struggling smartphone manufacturer BlackBerry reported a loss of US$423 million in the fourth quarter of its 2014 fiscal year, with revenues still falling.

31 Mar 2014

CANADA

BlackBerry loss widens, reorganises manufacturing

OTTAWA, CANADA: BlackBerry confirmed it fell deeper into the red in the past quarter as the struggling smartphone manufacturer unveiled a new manufacturing partnership and a revamped organisational structure.

24 Dec 2013

CANADA

Lawsuit accuses BlackBerry of raising false hopes

OTTAWA, CANADA: BlackBerry shareholders on Tuesday, 15 October, launched a class-action lawsuit against the company, alleging its optimistic sales forecasts for its new smartphones cost them hundreds of millions of dollars, lawyers announced.

17 Oct 2013

CANADA

BlackBerry agrees to sell for US$4.7bn

OTTAWA, CANADA: BlackBerry has agreed to a US$4.7bn buy-out by a consortium of investors who plan to take the struggling Canadian smartphone manufacturer private.

25 Sep 2013

CANADA

BlackBerry loses another UD$84m

OTTAWA, CANADA: Canadian smartphone manufacturer BlackBerry last week posted an unexpected first quarter loss after disappointing sales of its new phones. The company's share price fell by 20%.

1 Jul 2013

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