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September, 30, 2016

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Business
Asian and European stock markets rallied Thursday and energy-linked currencies advanced after OPEC's shock deal to trim oil output.
 
BlackBerry plans to stop making its signature smartphones internally, signaling a strategic shift for a company that built its reputation on innovative smartphone technology.
 
Shares in Taiwan closed higher Thursday to push the weighted index past the 9,200-point mark as investors here were encouraged by a rally on Wall Street overnight to play catch-up on the local equity market, dealers said.
 
Apple on Wednesday announced an alliance with professional services group Deloitte to get more businesses using iPhones and iPads as workplace tools.
 
Apple will be setting up its London headquarters in the boiler room of the Battersea Power Station, a London landmark that has long defined the skyline on the south bank of the River Thames.
 
An oil price rally fueled by OPEC's deal to cut crude output fizzled out Thursday with analysts doubting the cartel's ability to seriously tackle a supply glut.
 
Energy-linked currencies led a rally in high-yielding units Thursday after OPEC's surprise deal to cut oil output sent crude prices soaring.
 
OPEC nears preliminary accord on oil production
OPEC countries neared agreement on a preliminary accord Wednesday to limit oil production and support oil prices, despite lingering disagreements between regional rivals Saudi Arabia and Iran.
 
Big IPO, small splash in Hong Kong for Postal Savings Bank of China
Postal Savings Bank of China (PSBC) made a low-key debut on the Hong Kong bourse Wednesday, despite notching up the world's biggest IPO in two years aimed at expanding the business.
 
Uber courting Japanese with food delivery service
Uber, which has struggled to win Japan over to its ride-sharing service, is hoping to fare better with takeout deliveries.
 
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