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BlackBerry boss compares its dedicated audience to Porsche

BlackBerry’s new chief executive, John Chen, says apps don’t really matter and that his company could be the Porsche of smartphones.<p>Chen sees BlackBerry as serving a particular segment of the market – the Porsche of the phone market – where volume is not as important as serving the right …

It’s official: Pepsi has just about had it with soda

For struggling soda companies like PepsiCo, munchies, not fizzies, are the business of the future.<p>The beverage giant posted yet another quarter of mixed results, after quarter upon quarter of dowdy sales of carbonated drinks, especially in the US. Beverage sales, which make up roughly half of …

Snacks

Savvy Brands Are Using Apps Instead of Ads to Get Messages Across

Innovative companies are increasingly reaching out to their customers with the help of useful apps. The idea is to use apps to convey brand messages …

Apple Is Past Its Expiration Date? The iPhone Lines Seem To Suggest Otherwise

Straight outta Cupertino, straight into the shops and online retail warehouses… and straight out again.<p>So, some phone we may or may not be that excited about is going on sale today. And, regardless of whether you are one of Apple’s cheerleaders or you’re just not that into them, the size of the …

Raghuram Rajan is the latest central banker to pull a Bernanke surprise

Just when the world was starting to expect more transparency from central bankers, two of the world’s most watched technocrats unleashed big surprises.<p>When Raghuram Rajan took charge as governor of India’s central bank two weeks ago, the markets expected a slew of policies that would immediately …

India

Apple Seen Boosting Production Of Gold iPhone Due To Strong Demand

It’s a golden launch day for Apple.<p>On the first day that Apple’s new range of iPhones has become available to the public to buy, the company has already been forced to ask suppliers to boost production of its gold-themed iPhone 5S, according to a report in <i>The Wall Street Journal</i> citing sources …

Chinese cities: three trends you should know about | Financial Times

China’s urbanisation is taking place at 10 times the pace of the first (that of the UK) and is 100 times the scale, according to McKinsey. Working …

Thwarted by oil and gold, India wants to tackle its import binge with electronics

If India could do something about oil and gold, its trade deficit would look respectable; indeed it might even tip towards a surplus. From 2012 to 2013, India spent $169 billion on oil imports and $54 billion on gold imports, creating a deficit of $190 billion. But there is a third category that …

Trade Deficits

Woody Allen’s Best & Worst Movies: ‘Annie Hall’ ‘Match Point’ & More (Video)

As ‘Blue Jasmine’ opens, Malcolm Jones picks his favorites of the director’s 40+ films—and a few clunkers.<p>Woody Allen has written and directed more …

Twitter May Have Handed Microsoft A Huge Victory In Its War Against Google

That company has fought a long, lonely — and until now fruitless — war to get advertisers to respect the Do Not Track setting it uses by default in its Internet Explorer browser.<p>By contrast, folks at Google probably hate Twitter right now for joining the anti-tracking forces.<p>And advertisers won't …

Internet Explorer

Associated Press News

Cheap credit has inflated the markets, and we could be in for a crash landing

During the past four centuries, there have been five occasions when major credit bubbles have led to stonking crashes. Tulip mania in 17th-century …

Yoghurt tycoon named world's best entrepreneur

The Turkish founder of a Greek yoghurt business has been named the world's best entrepreneur for building a $1bn (£640m) turnover business in less than six years.<p>Hamdi Ulukaya, who launched New York-based Chobani in 2007, won the Ernst & Young World Entrepreneur of the Year competition in Monte …