Business

Instant Analysis: BlackBerry Ltd Reaffirms Commitment to BlackBerry 10

In the meantime, Louks said that owners of the BlackBerry Priv should expect to hear some announcements on new accessories for the handset from third-party makers in the coming weeks. The full switch to Android does make sense, especially if you consider the diminishing appeal and support for the Blackberry OS platform. However, reports indicate the company is now ready to offer Priv through all the major carriers in the U.S.

Business

U.S. stocks slide again as China woes lead to global selling

Steep losses across global stock markets this week on fears about further slowing in the world's second-biggest economy have clouded investors' outlook on the greenback and on whether the Federal Reserve has room to raise USA interest rates further, if at all, in 2016, analysts said .

Business

US stock market ends its worst week since 2011

Trading in China was automatically suspended as a result. That set off a slump in Asian and European stocks. The Dow Jones industrial average sank 392.41 points, or 2.3 percent. Worries about China were fueled by weaker-than-expected December manufacturing activity. Most of the blame goes to China, which is believed to be the biggest threat to USA stocks this year.

Business

Chinese markets rebound slightly after volatile week

China's stock markets have little connection to the rest of its economy but two sharp price declines this week have focused attention on the slowdown in the nation's growth. Hong Kong's Hang Seng advanced 1.1% to 20,559.34 and Seoul's Kospi was little changed at 1,903.14. The 19-nation currency jumped 1.4% to $1.0928 (nearly Rs 72.81) and rose 0.6% to 128.58 yen (nearly Rs 71.96).

Business

Dow has worst four-day start to a year on record

Ongoing concerns over China's slowing economy and falling currency prompted the sell-off. Already this week, China's Shanghai composite plunged 10 percent while other major indexes like Germany's DAX and Japan's Nikkei 225 are down 8 percent and 7 percent, respectively.

Business

Obama tears into National Rifle Association over gun control

The White House is expected to make gun reform a key point of President Obama's final State of the Union address on January 12. Obama defended his support for the constitutional right to gun ownership while arguing that it is consistent with his efforts to curb mass shootings .