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BlackBerry To Sell Non-core Patents And Patent Applications To Malikie For Up To $900 Mln
BlackBerry Ltd. (BB, BB.TO), a provider of intelligent security software and services, announced Tuesday that it has entered into an agreement to sell substantially all of its non-core patents and patent applications to Malikie Innovations Ltd. for a combination of cash at closing and potential future royalties in the aggregate amount of up to $900 million.
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UK Budget Deficit Widens On Energy Subsidies
The UK budget deficit increased more than expected to its highest February level due to huge spending on energy support schemes, the Office for National Statistics reported Tuesday. Public sector net borrowing excluding banks increased by GBP 9.7 billion from the last year to GBP 16.7 billion in February.
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Před 890 dny
Sensex, Nifty Follow Global Peers Higher
Indian shares rose notably on Tuesday as fears of contagion in the banking sector subsided after the rescue of Credit Suisse by UBS and moves by central banks to improve dollar liquidity.
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European Shares Gain As Investors Await Fed Decision
European stocks traded higher on Tuesday as a two-day policy meeting of the Federal Reserve gets underway later today, with markets expecting a 25-bps rate hike on Wednesday.
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Před 890 dny
FTSE 100 Rises As Bank Concerns Ease
U.K. stocks opened higher on Tuesday as moves to prop up struggling banks boosted sentiment.
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CAC 40 Extends Gains As Investors Look To Fed
French stocks rose on Tuesday to extend gains from the previous session as a two-day policy meeting of the Federal Reserve gets underway later today.
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DAX Rallies Led By Banks
German stocks rallied on Tuesday as fears over a banking crisis eased, and investors awaited the Federal Reserve's interest-rate decision.
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more news
U.S. Dollar Advances As Fed Meeting In Focus
The U.S. dollar was higher against its major counterparts in the Asian session on Tuesday, as investors looked ahead to the Federal Reserve policy meeting for more clues on the rate-hike trajectory in the future.
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Před 890 dny
Asian Shares Rise As Bank Crisis Fears Ebb
Asian stocks rose broadly on Tuesday as active steps to rescue distressed banks in the U.S. and Europe helped ease fears of a banking crisis.
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Europe Passenger Car Sales Strengthen In February
European new passenger car registrations continued to strengthen in February albeit due to the low base of comparison given the semiconductor shortage crisis at the beginning of 2022, data from the Brussels-based European Automobile Manufacturers' Association, or ACEA, showed Tuesday. Passenger car sales increased 11.5 percent on a yearly basis to 802,763 units in February.
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Antipodean Currencies Decline
Australia and New Zealand currencies weakened against their major currencies in the Asian session on Tuesday, as traders' focus shifted towards the U.S. Federal Reserve's monetary policy announcement on Wednesday despite the latest efforts initiated to address the turmoil in the global banking sector.
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European Economic News Preview: Germany ZEW Economic Sentiment Data Due
Economic confidence from Germany and public sector finances from the UK are due on Tuesday, headlining a light day for the European economic news. At 3.00 am ET, the Office for National Statistics releases UK public sector finance data for February. Public sector net borrowing is seen at GBP 10.1 billion compared to a surplus of GBP 6.24 billion in January.
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European Shares Seen Up In Cautious Trade As Fed Meeting Gets Underway
European stocks are seen opening on a positive note Tuesday amid growing bets that global central banks will adopt a less hawkish stance in the face of a potential bank breakdown.
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Před 890 dny
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