BlackBerry revenue beats estimates as cybersecurity demand stays strong
BlackBerry Ltd (BB.TO), beat Wall Street estimates for third-quarter revenue on Tuesday, helped by sustained demand for its cybersecurity and Internet of Things products.
EXCLUSIVE Brazil central bank puts brakes on tougher rules for fintechs, sources say
Brazil’s central bank has put the brakes on tougher regulations for the burgeoning fintech industry, withdrawing a draft proposal that had been set to be voted on last month by the government’s top financial policy-making body, four sources familiar with the matter told Reuters.
Oracle working to double client numbers in Latin America
Enterprise software maker Oracle Corp (ORCL.N) will look to double its clients in Latin America and increase profits in 2022, a company executive told Reuters, adding that hitting these goals will depend on cultivating the right talent.
Analysis: Weak winds worsened Europe’s power crunch; utilities need better storage
Wind speeds were milder than usual in Europe this year, so windmills across the bloc generated less electricity which worsened a crunch that sent power prices to record highs as utilities had to buy more coal and scarce, costly, natural gas.
Amazon among key tech firms to drop CES plans on COVID-19 concern
Amazon Inc , Facebook parent Meta Platforms Inc (FB.O), Twitter Inc (TWTR.N) and Pinterest Inc (PINS.N) will not send teams to the Consumer Electronics Show (CES) in Las Vegas as concerns grow about Omicron, the firms said on Tuesday.
Analysis: After another torrid year, can emerging markets rediscover their mojo?
The spectre of higher interest rates in the United States, slowing growth in China and a strong dollar have this year hammered emerging markets already reeling from the fallout of the coronavirus pandemic.
Qatar Airways sues Airbus in A350 jet damage dispute
Qatar Airways said on Monday it had started proceedings in a UK court against planemaker Airbus (AIR.PA) in a bid to resolve a dispute over skin flaws on A350 passenger jets, bringing the two sides closer to a rare legal showdown over aviation safety.
EXCLUSIVE Foxconn’s India plant to stay shut this week after protests – govt sources
Apple supplier Foxconn’s (2317.TW) plant near Chennai in southern India will remain shut this week following protests sparked by a food poisoning incident, three government sources told Reuters on Tuesday.
EXCLUSIVE Qatar targets $10 billion of investments in U.S. ports -sources
Qatar plans to invest at least $10 billion in U.S. ports and has approached international banks for financing help, three finance sources say, in an infrastructure spree that reflects the Gulf country’s deepening ties with Washington.
Russian loans company Arifmetika plans Canada listing in 2022
Russia’s Arifmetika Financial Solutions, which provides small loans to individuals, plans to start trading in Canada in early 2022 and aims to raise about $100 million in the next 12-18 months, the head of its parent company OR Group (ORUP.MM) said.
