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Economy

The firm has "Hold" rating given on Monday, September 28 by Deutsche Bank. Raymond James Financial, Inc. restated a "mkt perform" rating on shares of BlackBerry in a report on Tuesday. During the same quarter in the previous year, the firm posted ($0.03) earnings per share. Citron was first to accuse Valeant Pharmaceuticals International Inc (VRX.TO) of inflating its revenues via a related pharmacy channel in 2015, prompting that company to overhaul its business model.
  • British PM Theresa May boycotts TV debate as election looms

    Economy

    May surprised nearly everyone in April when she called the snap election, saying she wanted to strengthen her hand for negotiations with the rest of the European Union about Britain's exit from the bloc. Despite saying she wouldn't, May called for a snap election to shore up more support. The YouGov/Times voting intention figures show the Conservatives down to 42 per cent from 43 per cent at the weekend.
  • Pound slips after poll suggests hung parliament

    Economy

    Taking the average of these new polls , the Conservatives are 10% ahead. Labour is on 39 percent, up three points and its highest level since 2014, before Jeremy Corbyn became party leader. This would leave the Tories below the 326 seats needed for a majority government. With just ten days to go until the United Kingdom hits the 2017 General Election polling stations on 8 June , Betfair Politics reports that it has recorded £ 22 million traded across its "UK 2017" Exchange betting ...
  • IAG's Walsh defends BA's response to outage, still looking into cause

    Economy

    While there was a power failure at a data centre near London's Heathrow airport, the damage was caused by an overwhelming surge once the electricity was restored, it said. "We will have completed an exhaustive investigation on exactly the reasons of why this happened". The airline said it will "comply with all of the relevant European Union compensation regulations" including welfare claims such as hotel accommodation, transport to and from hotels, meals and telephone calls.
  • China will continue with climate pact even if U.S. pulls out

    Economy

    If the US secedes from the alliance, it would become only the third nation out of 197 that is eligible to participate in the agreement but refuse to do so. "I'm hearing from a lot of people, both ways", Trump said as he met with Vietnamese Prime Minister Nguyen Xuan Phuc. The European Commission president Jean-Claude Juncker said it was the "duty of Europe" to stand up to Trump if he chose to pull his country out of the historic accord.
  • LOVE creates campaign to make Lions fans roar

    LOVE creates campaign to make Lions fans roar

    Economy

    The Lions then face the Auckland Blues next Wednesday in the first of three clashes against Super Rugby teams , before a match against the Maori All Blacks in Rotorua on June 17, where Gatland is expected to field his preferred first test side.
  • Malaysia pledges to cut oil production by 20000 barrels per day

    Malaysia pledges to cut oil production by 20000 barrels per day

    Economy

    Goldman Sachs warned that the biggest risk to oil markets was what would happen next year, at the end of the OPEC-led production cut. While the agreement essentially spelled out a continuation of the previous production cuts for another nine months, the lack of an option to continue cuts into 2018 is one of the concerns brought up by analysts assessing the deal.
  • Sterling stabilises as doubts cast on new poll

    Economy

    May was taunted by other party leaders for not attending a televised debate with them. However, a lacklustre campaign has seen Mrs May's lead drop dramatically. While only 12 percent of 18 to 24-year-olds said they would vote Conservative, 69 percent would vote for Corbyn. The pollster's MRP model is based on the fact that people with similar characteristics tend to vote similarly, but not identically, regardless of where they live.
  • BA computer woes leave flights cancelled and passengers stranded

    BA computer woes leave flights cancelled and passengers stranded

    Economy

    British Airways has cancelled all its flights from London's two main airports after a global computer system outage caused massive delays and left planes stuck on runways. American Airlines, which operates code-share flights with BA, said it was unaffected. The airline tells CBS News correspondent Kris Van Cleave it has no evidence the disruption is the result of a cyber attack.