Advertisement
Singapore markets open in 1 hour 7 minutes

  • Straits Times Index

    3,293.13
    +20.41 (+0.62%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • Dow

    38,460.92
    -42.77 (-0.11%)
     

  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     

  • Bitcoin USD

    64,306.02
    -2,093.55 (-3.15%)
     

  • CMC Crypto 200

    1,385.02
    -39.08 (-2.74%)
     

  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     

  • Gold

    2,327.60
    -10.80 (-0.46%)
     

  • Crude Oil

    82.82
    +0.01 (+0.01%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • Nikkei

    38,460.08
    +907.92 (+2.42%)
     

  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     

  • FTSE Bursa Malaysia

    1,571.48
    +9.84 (+0.63%)
     

  • Jakarta Composite Index

    7,174.53
    -7,110.81 (-49.78%)
     

  • PSE Index

    6,572.75
    +65.95 (+1.01%)
     

BlackBerry considers closing Sweden operations

Reuters
The Blackberry sign is pictured in Waterloo June 19, 2014. REUTERS/Mark Blinch

(Reuters) - BlackBerry Ltd (BB.TO) (BBRY.O) is considering closing its offices in Sweden, a move that would result in the loss of up to 100 jobs, a company spokesperson told Reuters.

"At this time, we are considering the closure of our offices in Sweden. Since this may impact approximately 100 employees, we are now initiating consultations with the employees' trade unions," the spokesperson said in an email.

BlackBerry had about 7,000 people as of Sept. 2014, according to the its website.

The company's Toronto-listed stock closed little changed at C$12.62 on Friday.

(Reporting By Lehar Maan and Sneha Banerjee in Bengaluru; Editing by Saumyadeb Chakrabarty)