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BlackBerry surpasses $640 million target in software revenue

  Bloomberg BlackBerry Ltd. is finally starting to look like a real software company. After three years of acquisitions, layoffs and trying to convince customers it could do more than build smartphones, the Canadian company’s software revenue and profit margins are growing in the way Chief Executive Officer John Chen wants them to. The stock too: It rose the most ...

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Living by the sword!

  NEW HAMPTON, NY / AP Through smoke and sparks and staccato banging from his anvil, John Lundemo forges swooping swords that look like they should be pulled from a stone, swung by a samurai or thrust on “Game of Thrones.” The 60-year-old has carved out a niche making pricey blades that are inspired by history but liberally mix in elements ...

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Bigger MSCI weighting for merged UAE banks

  ABU DHABI / WAM The merger of the National Bank of Abu Dhabi (NBAD) and the First Gulf bank (FGB) will leave the newly integrated entity with a larger representation on the MSCI Emerging Markets index, triggering massive cash inflows to the stock, according to Rashid Al Baloushi, CEO of Abu Dhabi Securities Exchange (ADX). Speaking to Emirates News ...

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