Business

Canadian software maker BlackBerry Ltd said on Friday it will acquire Cylance, an artificial intelligence and cybersecurity company, for $1.4 billion in cash.

The United States ambassador to Japan defended his country's trade policies on Friday, saying they were not protectionist and were aimed at creating a more level playing field for American companies.

China's stubbornly weak credit growth has spurred talk of its first cut in benchmark lending rates in three years, but economists and policy insiders say concerns about a potential knock to its currency will likely give the central bank pause.

Speculators are staging a forceful comeback in China's stock market, bidding up shares in loss-making companies as regulators ease rules around trading, fundraising and backdoor listings to prop up struggling bourses.

Asian share markets turned mixed on Friday as hopes for a thaw in the Sino-U.S. trade standoff were tempered by disappointing results from U.S. chipmaker Nvidia Corp which slugged the tech sector.

Volkswagen chief executive Herbert Diess will take on responsibility for the carmaker's business in China, a source said as VW's supervisory board met in Wolfsburg on Friday.